– US$260.0 million acquisition of Class A office portfolio in Madison, Wisconsin – Acquisition is immediately accretive to Adjusted Funds from Operations (“AFFO”) per unit – $100 million public equity offering at $13.20 per unit to finance acquisition – Announces intention to redeem $86.2 million of outstanding 6.00% Series F convertible redeemable unsecured subordinated debentures… [Read More]
PROREIT Announces Voting Results From 2016 Annual Meeting of Unitholders
MONTREAL, QUEBEC–(Marketwired – June 7, 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 the voting results from its annual and special meeting of unitholders held earlier today in Montreal, Quebec…. [Read More]
Pure Industrial Real Estate Trust Announces Increase to Previously Announced Public Offering to $130 Million of Trust Units
VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 7, 2016) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Pure Industrial Real Estate Trust (TSX:AAR.UN) (“PIRET” or the “Trust”) announced today that, due to strong demand, PIRET has increased the size of its previously announced public offering to 25,800,000 Units (the… [Read More]
InterRent Announces a $32.1 Million Portfolio Disposition in Southwestern Ontario
OTTAWA, ONTARIO–(Marketwired – June 6, 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 Sarnia,… [Read More]
Slate Office REIT Announces $85 Million of Acquisitions and $50 Million Public Offering of Units
TORONTO, ONTARIO–(Marketwired – June 6, 2016) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES Slate Office REIT (TSX:SOT.UN) (the “REIT”), a leading owner of office properties in Canada, announced today that is has agreed to acquire Gateway Centre, a suburban office complex in Markham, Ontario for $57.5 million (the “Gateway… [Read More]
Pure Industrial Real Estate Trust Announces Public Offering of $110 Million of Trust Units
VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 6, 2016) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Pure Industrial Real Estate Trust (TSX:AAR.UN) (“PIRET” or the “Trust”) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and RBC Capital… [Read More]
Northview Welcomes Its Residents Back to Fort McMurray
CALGARY, ALBERTA–(Marketwired – June 2, 2016) – Northview Apartment Real Estate Investment Trust (TSX:NVU.UN)(“Northview” or the “REIT”) announced today that all of its 17 buildings in Fort McMurray sustained no major damage from the fires, and only minimal restoration will be required. In addition, Northview residents have successfully begun to return to their homes, in… [Read More]
Killam Apartment REIT Closes $98 Million Public Offering of Trust Units and Announces Redemption of 5.65% Convertible Debentures
HALIFAX, NOVA SCOTIA–(Marketwired – June 2, 2016) – 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]
RioCan Real Estate Investment Trust Announces Results of Voting at RioCan's Annual Meeting
TORONTO, ONTARIO–(Marketwired – June 1, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced the results of the votes held at its June 1, 2016 Annual Meeting of unitholders (the “Meeting”). The total number of units represented by unitholders present in person or by proxy at the Meeting was 195,096,415, representing 60.27% of… [Read More]
RioCan Real Estate Investment Trust Completes New One Billion Dollar Unsecured Operating Credit Facility
TORONTO, ONTARIO–(Marketwired – June 1, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today is pleased to announce that it has successfully closed on a new $1 billion unsecured operating credit facility (“Operating Facility”), which replaces RioCan’s secured operating credit facilities. The Operating Facility will mature in May, 2021, and provides for a mechanism… [Read More]
CHC Student Housing Announces First Quarter 2016 Financial Results
TORONTO, ONTARIO–(Marketwired – May 31, 2016) – CHC Student Housing Corp. (“CHC” or the “Company”) (TSX VENTURE:CHC), Canada’s only publicly traded company providing high-quality purpose-built multi-residential student housing properties, today reported financial results for the three months ended March 31, 2016. The financial statements and related Management’s Discussion and Analysis (“MD&A”) are available under CHC’s… [Read More]
Allied Announces Closing of Major Acquisitions in Downtown Montreal and Agreement to Acquire Strategic In-Fill Property in Downtown Toronto
TORONTO, ONTARIO–(Marketwired – May 31, 2016) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced that it has closed the acquisition of the following properties in Montréal (the “Properties”): Address Total GLA Office GLA Retail GLA Industrial GLA Parking Spaces Buildable Area Le Nordelec Rental 786,954 734,157 19,914 32,883 520 0 Le Nordelec… [Read More]
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