Net Income of $858 Million for the Quarter and $3.7 Billion for the Year;Company FFO of $416 Million for the Quarter and $1.2 Billion for the Year; Quarterly Distribution Raised by 5% to $0.33 per Unit
FirstService Reports Strong Fourth Quarter and Full Year Results
Operating highlights:
StorageVault to Acquire 38 Store Real Storage Portfolio for $275 Million
TORONTO, Feb. 06, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce the approval by its board of directors of an executed purchase agreement whereby StorageVault will purchase (the “Acquisition”) from arm’s length Vendors (the “Vendors”) all of the issued and outstanding trust units and limited partnership units (the “Units”) of… [Read More]
FirstService Declares 11% Increase to Quarterly Cash Dividend
TORONTO, Feb. 05, 2019 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares of the Company (together, the “Common Shares“) over the previous US$0.135 per Common Share… [Read More]
StorageVault Announces $7 Million 10 Year Term Debt at 4.16%
TORONTO, Feb. 01, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that it has completed a $7 million, 10 year term debt financing against one store at a fixed annual interest rate of 4.16%. The proceeds from the term debt financing were used to repay the principal outstanding in relation… [Read More]
Colliers Taps Industry Leader to Head Southwest Region
David Josker joins company to drive Colliers’ growth in key U.S. markets David Josker joins company to drive Colliers’ growth in key U.S. markets
StorageVault Updates Previously Announced Purchase of 2 Stores in Ontario; Signs Management Agreements for 3 Stores
TORONTO, Jan. 24, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce the following: (1) it intends to close the previously announced acquisitions for two stores in Ontario on or before February 15, 2019 (the “Acquisitions”); and (2) it has entered into management agreements to manage three stores.
Brookfield Property REIT Inc. Announces Tax Reporting Information for 2018 Distributions on Shares of Brookfield Property REIT Inc. and GGP Inc.
BROOKFIELD NEWS, Jan. 22, 2019 (GLOBE NEWSWIRE) — Brookfield Property REIT Inc. (NASDAQ: BPR) announced today the tax reporting information for 2018 distributions on the delisted GGP Inc. common stock and 6.375% Series A Cumulative Redeemable Preferred stock as well as the currently listed Brookfield Property REIT Inc. Class A stock and 6.375% Series A… [Read More]
Dream Hard Asset Alternatives Trust Announces January 2019 Monthly Distribution
TORONTO, Jan. 21, 2019 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) (âDream Alternativesâ) today announced its January 2019 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The January distribution will be payable on February 15, 2019 to unitholders of record as at January 31, 2019. Dream Alternatives… [Read More]
Timbercreek Financial Declares January 2019 Dividend
TORONTO, Jan. 18, 2019 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on February 15, 2019 to holders of Common Shares of record on… [Read More]
Killam Apartment REIT Announces January 2019 Distribution and the Purchase of the Remaining 50% of The Alexander Apartment Building
HALIFAX, Nova Scotia, Jan. 18, 2019 (GLOBE NEWSWIRE) — Killam Apartment REIT (“Killam”) (TSX: KMP.UN) is pleased to announce its January 2019 monthly distribution. The distribution of $0.05333 per unit will be paid on February 15, 2019, to unitholders of record on January 31, 2019. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”)…. [Read More]
StorageVault Converts $172.5 Million of Variable Rate Debt into 10 Year Term Debt at 4.23%
TORONTO, Jan. 17, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that it has completed a $172.5 million 10 year term debt financing against 12 properties at a fixed annual interest rate of 4.23%. The proceeds from the term debt financing were used to reduce the amount outstanding under StorageVault’s… [Read More]
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