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CAPREIT Announces April 2019 Distribution

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TORONTO, April 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its April 2019 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The April distribution will be payable on May 15, 2019 to Unitholders of record on April 30,… [Read More]

CAPREIT Acquires Brand New Luxury Apartment Property in B.C.

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TORONTO, April 15, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of Willoughby Walk, a brand new, purpose-built apartment building containing 191 rental suites located in Langley, British Columbia. CAPREIT paid $69.6 million for the property, funded by its Acquisition and Operating… [Read More]

Northview Apartment REIT Announces April 2019 Distribution

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CALGARY, Alberta, April 15, 2019 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (NVU.UN – TSX) announced its April 2019 monthly distribution in the amount of $0.1358 per trust unit. The distribution will be payable on May 15, 2019 to holders of trust units of record at April 30, 2019.

StorageVault Completes $275 Million Acquisition of 38 Store Real Storage Portfolio

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TORONTO, April 15, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its February 6, 2019 and April 1, 2019 news releases, it has completed the acquisition of the Real Storage portfolio (the “Real Storage Acquisition”). The Real Storage Acquisition is an arm’s length transaction.

Allied Announces April 2019 Distribution

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TORONTO, April 15, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.133 per unit for the month of April 2019, representing $1.60 per unit on an annualized basis. The distribution will be payable on May 15, 2019, to unitholders of record as… [Read More]

StorageVault Completes Previously Announced Purchase of 3 Storage Assets and RecordXpress

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TORONTO, April 12, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its April 5, 2019 news release, it has completed the acquisition of two stores in the Greater Toronto Area, a 4 acre storage lot in London, Ontario and the assets and business of RecordXpress, an information… [Read More]

FirstService Increases Credit Facility to US$450 Million

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TORONTO, April 11, 2019 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that it has expanded its revolving credit facility (the “Facility”) by US$100 million, to a total borrowing capacity of US$450 million. The amended Facility supersedes the prior Facility, effected in January 2018 and which had a borrowing capacity which… [Read More]