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]
Allied Announces Second-Quarter Results
TORONTO, ONTARIO–(Marketwired – Aug. 2, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced results for its second quarter ended June 30, 2017. “With a favourable operating environment in Montréal, Toronto and Vancouver, we achieved our three most important goals for the first half of 2017,” said Michael Emory, President & CEO…. [Read More]
Allied to Acquire Undivided 50% Interest in Westbank's Latest Vancouver Office Project
TORONTO, ONTARIO–(Marketwired – July 27, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has entered into a transaction with Westbank to acquire an undivided 50% interest in Westbank’s office project at 400 West Georgia in Vancouver (the “Property”). “In addition to deepening our relationship with Westbank and ultimately expanding… [Read More]
Dream Global REIT Announces Completion of Transformative Netherlands Acquisition and Related Financing
TORONTO, ONTARIO–(Marketwired – July 27, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES DREAM GLOBAL REIT (TSX:DRG.UN)(FRANKFURT:DRG), “Dream Global” or the “REIT”) today announced that it has completed the previously announced transaction (the “Transaction“) relating to a portfolio of 135 office and light industrial properties located in… [Read More]
Dream Office REIT Provides Reminder of Expiration Time and Supplements Information in Connection With Its $440 Million Substantial Issuer Bid
TORONTO, ONTARIO–(Marketwired – July 26, 2017) – DREAM OFFICE REAL ESTATE INVESTMENT TRUST (TSX:D.UN) (“Dream Office REIT”, the “Trust” or “our”) today provided a reminder that its offer (the “Offer“) to purchase for cancellation up to 24,444,444 of its REIT units, Series A (“REIT A Units“) for an aggregate purchase price not to exceed $440,000,000… [Read More]
SmartREIT and Mitchell Goldhar Announce Transit City Condos Third Tower Substantially Sold Out
TORONTO, ONTARIO–(Marketwired – July 26, 2017) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar are pleased to announce that, as a result of the selling out of the first and second towers at Transit City Condos (and the additional demand for units), a third tower was offered for sale, which tower is now… [Read More]
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