CALGARY, ALBERTA–(Marketwired – July 27, 2016) – Edgefront Real Estate Investment Trust (the “REIT”) (TSX VENTURE:ED.UN) is pleased to announce that it has entered into an agreement to acquire a single tenant 150,000 sq ft industrial property located in Cambridge, Ontario. The purchase price of $8.4 million represents a going in cap rate of 7.5%…. [Read More]
RioCan, Allied and Diamondcorp to Sell Residential Component of the Well to Tridel and Woodbourne
TORONTO, ONTARIO–(Marketwired – July 26, 2016) – RioCan REIT (TSX:REI.UN), Allied Properties REIT (TSX:AP.UN) and Diamondcorp (collectively, “The Well JV”) today announced that they have entered into a binding agreement to sell the residential component of The Well to Tridel Builders Inc. and Woodbourne Canada Partners III (CA) LP for approximately $180 million, subject to… [Read More]
Agellan Commercial Real Estate Investment Trust Announces $40 Million Bought Deal Financing
TORONTO, ONTARIO–(Marketwired – July 25, 2016) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Agellan Commercial Real Estate Investment Trust (TSX:ACR.UN) (the “REIT”) announced today that is has entered into an agreement to sell to a syndicate of underwriters led by RBC Capital Markets and BMO Capital Markets… [Read More]
Edgefront Real Estate Investment Trust Announces Release Date for Second Quarter Results, July 2016 Distribution, and Payment of Trustee Fees in Units
CALGARY, ALBERTA–(Marketwired – July 22, 2016) – Edgefront Real Estate Investment Trust (the “REIT”) (TSX VENTURE:ED.UN) announced today that it intends to release its financial results for the second quarter ended June 30, 2016 before the opening of the TSX Venture Exchange on Thursday August 18, 2016. Kelly Hanczyk, President and Chief Executive Officer of… [Read More]
SmartREIT Announces Executive Promotion
VAUGHAN, ONTARIO–(Marketwired – July 21, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) announces today that effective July 21, 2016 Peter Forde is promoted to President of SmartREIT, reporting to Huw Thomas, the REIT’s CEO. “We are a growing REIT. Particularly with the acquisition last year of SmartCentres, SmartREIT has many exciting, accretive developments underway,… [Read More]
RioCan Announces Firm Agreement to Acquire CPPIB's Interest in Four Properties and Provides an Update on Recent Acquisition Activities
TORONTO, ONTARIO–(Marketwired – July 21, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that it has entered into a firm agreement with Canada Pension Plan Investment Board’s (“CPPIB”) to acquire their interest in four properties that are currently co-owned, which is anticipated to close before the end of July 2016. RioCan will… [Read More]
PROREIT Takes Advantage of Market Conditions to Extend Term and Lower Interest Costs on a Significant Portion of its Mortgage Debt
MONTREAL, QUEBEC–(Marketwired – July 21, 2016) – 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 the REIT has received commitments totaling $19.6 million for the refinancing of approximately 15 percent of… [Read More]
InterRent Announces July 2016 Distributions
OTTAWA, ONTARIO–(Marketwired – July 20, 2016) – 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 that its distribution declared for the month of July 2016 is $0.01925 per Trust unit, equal to $0.231 per Trust unit on an annualized… [Read More]
Dream Office REIT July 2016 Monthly Distribution
TORONTO, ONTARIO–(Marketwired – July 20, 2016) – DREAM OFFICE REIT (TSX:D.UN) today announced its July 2016 monthly distribution of 12.500 cents per REIT Unit, Series A ($1.50 annualized). The July distribution will be payable on August 15, 2016 to unitholders of record as at July 29, 2016. Dream Office REIT is an unincorporated, open-ended real… [Read More]
Dream Industrial REIT July 2016 Monthly Distribution
TORONTO, ONTARIO–(Marketwired – July 20, 2016) – DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its July 2016 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The July distribution will be payable on August 15, 2016 to unitholders of record as at July 29, 2016. Dream Industrial REIT is an unincorporated, open-ended… [Read More]
Dream Hard Asset Alternatives Trust Announces July 2016 Monthly Distribution
TORONTO, ONTARIO–(Marketwired – July 20, 2016) – DREAM HARD ASSET ALTERNATIVES TRUST (TSX:DRA.UN) (“Dream Alternatives Trust”) today announced its July 2016 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The July distribution will be payable on August 15, 2016 to unitholders of record as at July 29, 2016. Dream Alternatives… [Read More]
Dream Global REIT July 2016 Monthly Distribution
TORONTO, ONTARIO–(Marketwired – July 20, 2016) – DREAM GLOBAL REIT (TSX:DRG.UN) today announced its July 2016 monthly distribution in the amount of 6.667 cents per unit (80 cents annualized). The July distribution will be payable on August 15, 2016 to unitholders of record as at July 29, 2016. Dream Global REIT is an unincorporated, open-ended… [Read More]
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