Increased Total Assets by 61% Year Over Year Increased Loan and Mortgage Syndications by 91% Year Over Year TORONTO, ONTARIO–(Marketwired – Aug. 9, 2016) – 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… [Read More]
Dream Global REIT Completes $97.8 Million Equity Offering
TORONTO, ONTARIO–(Marketwired – Aug. 5, 2016) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES DREAM GLOBAL REIT (TSX:DRG.UN) (“Dream Global” or the “Trust”) announced today the closing of its previously announced equity offering of units of the Trust (“Units”) at a price of $9.00 per Unit (the “Offering”)…. [Read More]
Smart Real Estate Investment Trust Releases Second Quarter Results for 2016
TORONTO, ONTARIO–(Marketwired – Aug. 4, 2016) – Smart Real Estate Investment Trust (“SmartREIT” or “the Trust”) (TSX:SRU.UN) is pleased to report positive results for the second quarter ended June 30, 2016. Highlights for the quarter ended June 30, 2016: Funds From Operations (FFO) increased by 26.4% to $93.7 million and 15.4% to $0.60 on a… [Read More]
Agellan Commercial Real Estate Investment Trust Completes $46 Million Bought Deal Financing
TORONTO, ONTARIO–(Marketwired – Aug. 4, 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 closed its previously announced bought deal public offering of 4,485,000 units of the REIT (the “Units”) at a price of… [Read More]
Canadian Real Estate Investment Trust Announces Renewal of Normal Course Issuer Bid
TORONTO, ONTARIO–(Marketwired – Aug. 4, 2016) – Canadian Real Estate Investment Trust (TSX:REF.UN) (“CREIT”) today announced that it has received approval from the Toronto Stock Exchange (“TSX”) for the renewal of its normal course issuer bid (“NCIB”) which will enable it to purchase up to 3,658,373 of its outstanding Trust Units (“Units”), representing 5% of… [Read More]
Killam Apartment REIT Announces a 9.5% Increase in FFO Per Unit in Q2-2016; Strong Same Property Performance, Acquisitions and Developments and Interest Savings Drive Growth
HALIFAX, NOVA SCOTIA–(Marketwired – Aug. 3, 2016) – Killam Apartment REIT (TSX:KMP.UN) (“Killam”) is pleased to report its Q2-2016 results, including diluted funds from operations (“FFO”) per unit of $0.23, up from $0.21 in Q2-2015. “Q2-2016 marks the sixth consecutive quarter of strong FFO per unit growth for Killam,” noted Philip Fraser, President and CEO…. [Read More]
Allied Announces Strategic Toronto Acquisitions for $101 Million
TORONTO, ONTARIO–(Marketwired – Aug. 3, 2016) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has entered into agreements to acquire the following properties in Toronto (the “Properties”) for $101 million: ADDRESS TOTAL OFFICE RETAIL PARKING GLA GLA GLA SPACES 461 King Street West 81,091 43,771 37,320 35 642 King Street… [Read More]
Allied Announces Second-Quarter Results with Continuing Leasing Momentum and Renewed Acquisition Momentum
TORONTO, ONTARIO–(Marketwired – Aug. 3, 2016) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced results for its second quarter ended June 30, 2016. “Our rental and development portfolios met expectations in the first half,” said Michael Emory, President & CEO. “I expect this to continue through the remainder of the year. Our… [Read More]
Canadian Apartment Properties Real Estate Investment Trust Announces Closing of $165 MM Equity Financing
TORONTO, ONTARIO–(Marketwired – Aug. 3, 2016) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that it has closed its previously announced issue and sale of 5,126,000 units for $32.20 per unit for aggregate gross proceeds of $165,057,200, which… [Read More]
SmartREIT Announces PWC as Lead Tenant in Its New Class-A Office Tower at Vaughan Metropolitan Centre
TORONTO, ONTARIO–(Marketwired – Aug. 2, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar today announced plans for a new Class-A office tower in the Vaughan Metropolitan Centre (“VMC”) with professional services firm PwC Canada as the lead tenant. VMC is the new downtown of Vaughan at Highway 400 and Highway 7, a… [Read More]
RioCan Real Estate Investment Trust Announces Financial Results and 8.1% Growth in Continuing Operating Funds From Operations for the Second Quarter of 2016
TORONTO, ONTARIO–(Marketwired – July 29, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) – RioCan’s HIGHLIGHTS for the three and six months ended June 30, 2016 were: During the quarter, RioCan completed the sale of its U.S. operations. With the proceeds from the sale, RioCan has reduced its Total Debt to Total Assets ratio… [Read More]
InterRent REIT Results for the Second Quarter of 2016
OTTAWA, ONTARIO–(Marketwired – July 28, 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” or the “REIT“) today reported financial results for the second quarter ended June 30, 2016. Highlights Gross rental revenue for the quarter increased by $4.5 million,… [Read More]
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