TORONTO, Nov. 24, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V:UFC) (âUrbanfundâ or the âCompanyâ), confirmed today that the Company has received its second distribution, in the amount of $1,500,000, relating to a return on investment in the One Bloor East real estate project (the âProjectâ). In September… [Read More]
InterRent Announces November 2017 Distributions
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Nov. 20, 2017 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX:IIP.UN) (âInterRentâ) announced today that its distribution declared for the month of November 2017 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized… [Read More]
Terra Firma Capital Corporation Announces Renewal of Normal Course Issuer Bid
TORONTO, ONTARIO–(Marketwired – Nov. 14, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“), a real estate finance company, announced today approval by the TSX Venture Exchange (the “TSX-V“) of the Company’s renewal of its Normal Course Issuer Bid (“NCIB”) which expired on November 3, 2017 (the “Prior NCIB“). Pursuant to… [Read More]
InterRent REIT Reports Results for the Third Quarter of 2017 and a 11% Increase in the Monthly Distribution
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Nov. 14, 2017 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX:IIP.UN) (âInterRentâ or the âREITâ) today reported financial results for the third quarter ended September 30, 2017. With InterRentâs portfolio demonstrating strong sustainable results and with the REIT… [Read More]
Terra Firma Capital Corporation Reports Financial Results for the Third Quarter Ended September 30, 2017
TORONTO, ONTARIO–(Marketwired – Nov. 13, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES All amounts are stated in Canadian dollars. Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“), a real estate finance company, today released its financial results for the three and nine months… [Read More]
Urbanfund Corp. Announces Acquisition of 50% Interest in Brampton Industrial Complex
TORONTO, Nov. 10, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX Venture:UFC) (âUrbanfundâ or, the âCompanyâ), announced today that, further to its press release dated October 10, 2017, together with its joint venture partner, Takol Real Estate Inc. (âTakolâ), it acquired an industrial complexlocated at 4 Alfred Kuehne Blvd…. [Read More]
Dream Industrial REIT Announces US$103 Million Acquisition, $75 Million Public Offering of Units and $26 Million Private Placements; Will Also Repay 6.75% Convertible Debentures on Maturity
TORONTO, ONTARIO–(Marketwired – Nov. 9, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this news release. DREAM INDUSTRIAL REIT (TSX:DIR.UN) (“Dream… [Read More]
Killam Apartment REIT Announces $70 Million Public Offering of Trust Units
HALIFAX, NOVA SCOTIA–(Marketwired – Nov. 9, 2017) – NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Killam Apartment REIT (“Killam”) (TSX:KMP.UN) is pleased to announce that it has reached an agreement with a syndicate of underwriters led by RBC Capital Markets to issue to the public, subject… [Read More]
SmartCentres Real Estate Investment Trust Releases Third Quarter Results for 2017
TORONTO, ONTARIO–(Marketwired – Nov. 8, 2017) – SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) is pleased to report positive financial and operating results for the third quarter ended September 30, 2017. Highlights for the three months ended September 30, 2017 include the following: Net income and comprehensive income (as per IFRS) for… [Read More]
Dream Industrial REIT Delivers Strong Q3 2017 Results, 96.7% Occupancy and 81.8% Tenant Retention Ratio
TORONTO, ONTARIO–(Marketwired – Nov. 7, 2017) – This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its financial results for the three and nine months ended September 30, 2017…. [Read More]
Northview Apartment REIT Reports Q3 2017 Financial Results, Strong Same Door NOI Growth of 6.8% Through Improvements in Occupancy and Monthly Rents
CALGARY, ALBERTA–(Marketwired – Nov. 7, 2017) – Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN), today announced financial results for the three and nine months ended September 30, 2017. Todd Cook, President and CEO commented, “We are pleased with the improvements in our financial performance achieved through same door NOI growth in the existing portfolio… [Read More]
Melcor Developments announces third quarter results, declares quarterly dividend of $0.13
EDMONTON, AB–(Marketwired – November 03, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended September 30, 2017. Third quarter revenue was $62.80 million, down 1% over Q3-2016. Revenue for the first half of the year was $148.32 million, up 9%.
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