TORONTO, ONTARIO–(Marketwired – June 12, 2017) – Smart Real Estate Investment Trust (“SmartREIT”) (TSX:SRU.UN) announced today that it has entered into an agreement with a syndicate of Canadian financial institutions, led by The Toronto-Dominion Bank and Canadian Imperial Bank of Commerce, for a new unsecured credit facility (the “Credit Facility”) totaling $500 million with an… [Read More]
RioCan Real Estate Investment Trust Announces Results of Voting at RioCan's Annual Meeting
TORONTO, ONTARIO–(Marketwired – June 8, 2017) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced the results of the votes held at its June 8, 2017 Annual Meeting of unitholders (the “Meeting”). The total number of units represented by unitholders present in person or by proxy at the Meeting was 187,638,650; representing 57.59% of… [Read More]
RioCan Real Estate Investment Trust Announces Appointment of Qi Tang as Chief Financial Officer
TORONTO, ONTARIO–(Marketwired – June 8, 2017) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) is pleased to announce that it has promoted Qi Tang to Senior Vice President and Chief Financial Officer (“CFO”) of RioCan effective June 8, 2017. She will continue to report to the Chief Executive Officer, Edward Sonshine. “Qi has done an… [Read More]
Dream Global REIT Increases Exposure to Top German Office Market With Acquisition of Bollwerk in Stuttgart, Germany
TORONTO, ONTARIO–(Marketwired – June 7, 2017) – DREAM GLOBAL REIT (TSX:DRG.UN)(FRANKFURT:DRG) today announced that it has signed a purchase and sale agreement with Landesbank Baden-Wurttemberg (LBBW) for Bollwerk, a multi-tenant office property located in Stuttgart, Germany, for approximately EUR92.0 million ($139.6 million), representing a going in capitalization rate of 5.3%. The purchase price will be… [Read More]
SmartREIT and Mitchell Goldhar Announce Transit City Condos in SmartCentres Place Substantially Sold Out
TORONTO, ONTARIO–(Marketwired – June 6, 2017) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar are pleased to announce that the first and second condo towers called Transit City are substantially sold out, and as a result of the actual sales figures, SmartREIT is amending its previously announced guidance by increasing profitability on these… [Read More]
BGIS Appoints Mark Marquis to Chief Corporate Development Officer
TORONTO, ONTARIO–(Marketwired – June 6, 2017) – BGIS is pleased to announce the appointment of Mark Marquis to the newly created position of Chief Corporate Development Officer. Mark joins BGIS with over 20 years of experience in the real estate and facilities management services industry and has held several global executive strategy and general management… [Read More]
CAPREIT Expands Presence in British Columbia
TORONTO, ONTARIO–(Marketwired – June 1, 2017) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of Brookside Gardens, a 44 unit townhouse complex in Maple Ridge, BC in the northeastern section of Metro Vancouver. Situated in a park-like setting with well-landscaped grounds, each spacious two-storey townhome… [Read More]
PROREIT Announces Voting Results from 2017 Annual Meeting of Unitholders
MONTREAL, QUEBEC–(Marketwired – June 1, 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 the voting results from its annual meeting of unitholders held yesterday in Halifax, Nova Scotia. A total… [Read More]
American Hotel Income Properties REIT LP to Acquire 18 Hotel Northeastern U.S. Portfolio for US$407.4 Million
American Hotel Income Properties REIT LP concurrently announces bought deal public offering of Cdn$190 million of Units and US$42.5 million of Convertible Debentures VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 31, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES American Hotel Income Properties REIT LP (“AHIP“) (TSX:HOT.UN)(OTCQX:AHOTF) announced today… [Read More]
Amazon Web Services Adds AWS Direct Connect to Allied's 250 Front West in Toronto
TORONTO, ONTARIO–(Marketwired – May 31, 2017) – Allied Properties REIT (TSX:AP.UN) today announced the availability of Amazon Web Services(“AWS”)Direct Connect at 250 Front West in Downtown Toronto. Through AWS Direct Connect, Allied customers can directly access AWS cloud services over a private, enterprise-grade network connection. The benefits of this direct access include reduced network costs,… [Read More]
Slate Retail REIT Closes C$74.8 Million Public Offering and C$2.5 Million Private Placement
TORONTO, ONTARIO–(Marketwired – May 31, 2017) – Slate Retail REIT (TSX:SRT.U)(TSX:SRT.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today the closing of its previously announced public offering of 5,071,500 class U units of the REIT (“Units”) at a price of C$14.75 per Unit or US$11.00 per Unit (the “Offering Price”)… [Read More]
European Commercial Real Estate Investment Trust Announces First Quarter 2017 Results
TORONTO, ONTARIO–(Marketwired – May 30, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES European Commercial Real Estate Investment Trust (“EC REIT” or the “REIT”) (TSX VENTURE:ERE.UN) announced today its financial and operating results for the three-month period ended March 31, 2017. Effective May 3, 2017, European… [Read More]
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