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Melcor Announces $80.875 Million Sale to Melcor REIT

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EDMONTON, AB–(Marketwired – December 04, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced today that it has agreed to sell a portfolio of five commercial properties comprised of 172,629 sf gross leasable area (GLA) at ownership percentage to Melcor Real Estate Investment Trust (the REIT) for… [Read More]

Halmont Properties Corporation: News Release

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TORONTO, Nov. 29, 2017 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) announced today that the net income to common shareholders for the nine months ended September 30, 2017 was $1,266,000 as compared to net income of $1,036,000 for the nine months ended September 30, 2016.   Nine months ended (in thousands except per share amounts)… [Read More]

Report on Financial Results for the Three and Nine Month Periods Ended September 30, 2017

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TORONTO, Nov. 24, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V:UFC) (“Urbanfund” or the “Company”), confirmed today that the Company filed its unaudited interim condensed consolidated financial statements for the three- month and nine-month periods ended September 30, 2017 (the “Financial Statements”). Results from Operations For the nine-month… [Read More]

Report on Second Distribution Related to Investment in One Bloor East

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TORONTO, Nov. 24, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V:UFC) (“Urbanfund” or the “Company”), 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 “Project”). In September… [Read More]

InterRent Announces November 2017 Distributions

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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) (“InterRent”) 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

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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

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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) (“InterRent” or the “REIT”) today reported financial results for the third quarter ended September 30, 2017. With InterRent’s 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

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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

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TORONTO, Nov. 10, 2017 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX Venture:UFC) (“Urbanfund” or, the “Company”), announced today that, further to its press release dated October 10, 2017, together with its joint venture partner, Takol Real Estate Inc. (“Takol”), 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

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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]