CALGARY, ALBERTA–(Marketwired – Aug. 15, 2017) – Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) announced its August 2017 monthly distribution in the amount of $0.1358 per trust unit, payable on September 15, 2017 to holders of trust units of record at August 31, 2017. As at the date hereof, there are 49,952,198 trust units (NVU.UN)… [Read More]
Terra Firma Capital Corporation Reports Results for the Second Quarter Ended June 30, 2017
TORONTO, ONTARIO–(Marketwired – Aug. 15, 2017) – 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 six months ended June 30, 2017. HIGHLIGHTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30,… [Read More]
CAPREIT Reports Continued Growth and Strong Operating Performance in Second Quarter of 2017
Celebrating Twenty Years of Growth & Performance in 2017 TORONTO, ONTARIO–(Marketwired – Aug. 14, 2017) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today strong operating and financial results for the three and six months ended June 30, 2017. Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017… [Read More]
Terra Firma Capital Corporation Announces Private Placement and Strategic Alliance With Great Gulf Group
TORONTO, ONTARIO–(Marketwired – Aug. 14, 2017) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company”), is pleased to announce that it has entered into a strategic alliance and has accepted a subscription agreement for a non-brokered private placement (the “Offering”) to a member of the Great Gulf Group of companies (“Great Gulf”)… [Read More]
Brookfield Asset Management Reports Second Quarter 2017 Results
BROOKFIELD, NEWS–(Marketwired – Aug. 10, 2017) – Brookfield Asset Management Inc. (NYSE:BAM)(TSX:BAM.A)(EURONEXT:BAMA), a leading global alternative asset manager, today announced financial results for the quarter ended June 30, 2017. Bruce Flatt, CEO of Brookfield, stated that, “Institutional interest in real assets remains strong, and we expect this trend to continue for the foreseeable future. During… [Read More]
Melcor Developments announces second quarter results, declares quarterly dividend of $0.13
EDMONTON, AB–(Marketwired – August 09, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended June 30, 2017. Revenue was $46.96 million in the quarter, up 12% over Q2-2016. Revenue for the first half of the year was $85.52 million, up 18%.
Northview Apartment REIT Reports Q2 2017 Financial Results, Same Door NOI Growth of 3.9%, Improved Leverage and Fair Value Gain of $92 Million
CALGARY, ALBERTA–(Marketwired – Aug. 9, 2017) – Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN), today announced financial results for the three and six months ended June 30, 2017. Todd Cook, President and CEO commented, “The continued strong performance in our Ontario and Northern Canada markets and improvements in a number of Western Canada markets… [Read More]
Allied Announces $270 Million Equity Offering
TORONTO, ONTARIO–(Marketwired – Aug. 8, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by Scotiabank and RBC Capital Markets to issue to… [Read More]
Brookfield Business Partners Reports Second Quarter 2017 Results
BROOKFIELD, NEWS–(Marketwired – Aug. 8, 2017) – Brookfield Business Partners L.P. (NYSE:BBU)(TSX:BBU.UN) (“Brookfield Business Partners”) announced today financial results for the quarter ended June 30, 2017. “This quarter we continued to execute on our growth strategy with the closing of the BRK Ambiental and Greenergy Fuels Holdings Ltd. (“Greenergy”) acquisitions. After quarter end, we closed… [Read More]
The #1 Best Selling Condo Homes in Kauai by Brookfield Residential Hawaii
KOLOA, HAWAII–(Marketwired – Aug. 7, 2017) – Editors Note: There is a photo associated with this press release. Brookfield Residential Hawaii, an award-winning builder, is excited to announce the #1 best-selling condo development on Kauai* in 2017 is PiliMai at Po’ipu. The island of Kauai, with its world-renowned, emerald-green views of the Na Pali Coast… [Read More]
OneREIT to be Privatized in a Transaction Valued at $1.1B
SmartREIT and Strathallen Acquisitions Inc. enter into agreements to acquire all of the assets and liabilities of OneREIT for cash and units of SmartREIT TORONTO, ONTARIO–(Marketwired – Aug. 4, 2017) – Key Transaction Highlights The Transaction values OneREIT units on a fully diluted basis (excluding units issuable pursuant to convertible debentures) at an equivalent to… [Read More]
PROREIT Announces Unitholder Approval of Previously Announced Acquisition
MONTRÉAL, QUÉBEC–(Marketwired – Aug. 3, 2017) – NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES. PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSX VENTURE:PRV.UN) is pleased to announce that its unitholders have approved the previously announced acquisition by the REIT of two light industrial buildings… [Read More]
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