EDMONTON, AB–(Marketwired – March 15, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the fourth quarter and year ended December 31, 2016. The economic environment remained challenging in many of Melcor’s Alberta markets throughout the year, resulting in revenue of $242.46 million in… [Read More]
CAPREIT Announces March 2017 Distribution
TORONTO, ONTARIO–(Marketwired – March 15, 2017) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its March 2017 monthly distribution in the amount of $0.10667 per Unit (or $1.28 on an annualized basis). The March distribution will be payable on April 17, 2017 to Unitholders of record on March 31, 2017. To… [Read More]
Northview Apartment REIT Announces March 2017 Distribution
CALGARY, ALBERTA–(Marketwired – March 15, 2017) – Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) announced its March 2017 monthly distribution in the amount of $0.1358 per trust unit, payable on April 14, 2017 to holders of trust units of record at March 31, 2017. As at the date hereof, there are 49,944,749 trust units (TSX:NVU.UN)… [Read More]
InterRent REIT Closes $80 Million Bought Deal Financing
OTTAWA, ONTARIO–(Marketwired – March 15, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent“) announced today the closing of its previously announced public offering of 10,425,000 trust units (the “Offered Units“) from treasury (the “Offering“), which includes the full exercise… [Read More]
RioCan Real Estate Investment Trust Announces March 2017 Distribution
TORONTO, ONTARIO–(Marketwired – March 15, 2017) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of March. The distribution will be payable on April 7, 2017 to unitholders of record as at March 31, 2017. About RioCan RioCan is Canada’s largest real estate investment… [Read More]
Smart Real Estate Investment Trust Announces Redemption of 3.385% Series J Senior Unsecured Debentures
TORONTO, ONTARIO–(Marketwired – March 14, 2017) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Smart Real Estate Investment Trust (“SmartREIT“) (TSX:SRU.UN) today announced that it is issuing a notice of redemption to holders of its 3.385% Series J senior unsecured debentures due December 1, 2017 (the “Series J Debentures“),… [Read More]
Urbanfund Corp. Announces Proposed Acquisition of Controlling Interest in a Downtown Kitchener Multi-Residential Rental Construction Site
TORONTO, ONTARIO–(Marketwired – March 13, 2017) – Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (“Urbanfund” or the “Company”), announced today that, a limited partnership in which it has a controlling interest, has executed a purchase agreement, completed its due diligence and waived all conditions regarding the acquisition of a multi-residential… [Read More]
SmartREIT Announces $150 Million Series Q Senior Unsecured Debentures Issue
TORONTO, ONTARIO–(Marketwired – March 13, 2017) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITES STATES WIRE SERVICES Smart Real Estate Investment Trust (“SmartREIT”) (TSX:SRU.UN) announced today that it has agreed to issue $150 million aggregate principal amount of Series Q senior unsecured debentures on an underwritten basis that will carry a coupon… [Read More]
Killam Apartment REIT Closes $77 Million Public Offering of Trust Units and Announces Redemption of 5.45% Convertible Debentures
HALIFAX, NOVA SCOTIA–(Marketwired – March 13, 2017) – NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Killam Apartment REIT (TSX:KMP.UN) (“Killam”) is pleased to announce that it has closed its previously announced public offering (the “Offering”), on a bought-deal basis, of trust units (the “Units”) to the… [Read More]
OneREIT Announces Date of Fourth Quarter and Year End 2016 Financial Results Conference Call
TORONTO, ONTARIO–(Marketwired – March 10, 2017) – NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY NON-CANADIAN SOURCE OneREIT (TSX:ONR.UN) today announced that it is scheduled to release its financial results for the three months and year ended December 31, 2016 on Wednesday, March 29, 2017. OneREIT will hold a conference call on Thursday,… [Read More]
Northview Apartment REIT Reports Q4 and 2016 Financial Results, Progress on Leverage Reduction, Successful Execution of Value Creation Initiatives and Non-Core Asset Sales
CALGARY, ALBERTA–(Marketwired – March 9, 2017) – Northview Apartment Real Estate Investment Trust (“Northview” or the “REIT”) (TSX:NVU.UN), today announced financial results for the three months and year ended December 31, 2016. Diluted FFO per unit was $2.21 for the year ended December 31, 2016, or $2.14, excluding Non-recurring Items, compared to $2.34 for the… [Read More]
BGIS CEO Launches New Building Energy Innovators Council (BEIC)
TORONTO, ONTARIO–(Marketwired – March 8, 2017) – The CEO of Brookfield Global Integrated Solutions (BGIS) (NYSE:BBU) (TSX:BBU.UN) Gordon Hicks, has announced the launch of the Building Energy Innovators Council (BEIC). The BEIC is an industry-driven initiative to accelerate the collaboration, innovation, and adoption of clean building technologies across Canada. The Council will provide input to… [Read More]
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