OTTAWA, ONTARIO–(Marketwired – May 4, 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 first quarter ended March 31, 2016. Highlights Gross rental revenue for the quarter increased by $6.1 million,… [Read More]
RioCan Real Estate Investment Trust Announces 7.0% Growth in Operating Funds From Operations in the First Quarter of 2016
TORONTO, ONTARIO–(Marketwired – May 4, 2016) – RioCan Real Estate Investment Trust (TSX:REI.UN) – RioCan’s HIGHLIGHTS for the three months ended March 31, 2016 were: RioCan’s Operating Funds From Operations (“Operating FFO”) for the three months ended March 31, 2016 (“First Quarter”) was $148 million or $0.46 per unit compared to $138 million or $0.44… [Read More]
Dream Industrial REIT Announces Voting Results for Election of Trustees
TORONTO, ONTARIO–(Marketwired – May 3, 2016) – DREAM INDUSTRIAL REIT (TSX:DIR.UN) announced that, at its annual general meeting held today, all of the nominees for election as trustees of Dream Industrial REIT referred to in its management information circular for the meeting were elected by acclamation. If a ballot vote had been taken, based solely… [Read More]
Dream Industrial REIT Announces Stable First Quarter Financial Results
TORONTO, ONTARIO–(Marketwired – May 3, 2016) – 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 press release. DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its financial results for the three months ended March 31, 2016. HIGHLIGHTS Adjusted… [Read More]
Northview Apartment REIT Announces Plan to Apply for Normal Course Issuer Bid, and the Internalization of Property Management of 7,600 Residential Units in Ontario
CALGARY, ALBERTA–(Marketwired – April 29, 2016) – Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) (“Northview” or the “REIT”) today announced plans to submit a Normal Course Issuer Bid application (“NCIB”) for approval by the Toronto Stock Exchange (“TSX”) for the ability to repurchase units in the capital of Northview (“Units”). The REIT’s 2016 strategic initiatives… [Read More]
Urbanfund Corp. Reports Financial Results for the Year Ended December 31, 2015
TORONTO, ONTARIO–(Marketwired – April 29, 2016) – Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (the “Company“), confirmed today that the Company has filed financial statements for the year ended December 31, 2015 (the “Consolidated Financial Statements“). For the year ended December 31, 2015, the Company reported earnings before income taxes… [Read More]
RioCan Real Estate Investment Trust Provides an Update on U.S. Sale Transaction
TORONTO, ONTARIO–(Marketwired – April 28, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today is providing an update on the progress towards completing the transaction to sell its U.S. portfolio of 49 retail properties located in the Northeastern U.S. and Texas at a total sale price of US$1.9 billion as previously announced on December… [Read More]
CHC Student Housing Announces 2015 Financial Results
TORONTO, ONTARIO–(Marketwired – April 29, 2016) – CHC Student Housing Corp. (“CHC” or the “Company”) (TSX VENTURE:CHC), Canada’s only publically traded Company providing high-quality purpose-built multi-residential student housing properties, today reported financial results for the three months and full year ended December 31, 2015. The financial statements and related Management’s Discussion and Analysis (“MD&A”) are… [Read More]
InterRent Announces A $21.2 Million Disposition in Kingston, ON
OTTAWA, ONTARIO–(Marketwired – April 27, 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 it is continuing to execute on its capital recycling program by entering into an unconditional agreement to sell the REIT’s properties in Kingston,… [Read More]
Northview Apartment REIT Announces Appointment of Chief Financial Officer
CALGARY, ALBERTA–(Marketwired – April 27, 2016) – Northview Apartment Real Estate Investment Trust (“Northview” or the “REIT”) (TSX:NVU.UN), is pleased to announce the appointment of Travis Beatty, CPA, CFA, as Chief Financial Officer, effective May 2, 2016. Mr. Beatty has over 20 years of progressive financial management experience, including his role as Chief Financial Officer… [Read More]
Halmont Properties Corporation: News Release
TORONTO, ONTARIO–(Marketwired – April 27, 2016) – HALMONT PROPERTIES CORPORATION (TSX VENTURE:HMT) announced today that the net income to common shareholders for the year ended December 31, 2015 was $1.97 million as compared to net income of $1.48 million for the year ended December 31, 2014. Year ended (in millions) December 31, 2015 December 31,… [Read More]
CAPREIT Acquires Greater Toronto Area Townhome Property
TORONTO, ONTARIO–(Marketwired – April 26, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a residential townhome property in Markham, Ontario. The property contains 71 two, three and four bedroom units located in Markham’s upscale and affluent Bayview Avenue and John Street neighbourhood. Surrounded… [Read More]
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