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SmartCentres Real Estate Investment Trust Releases Fourth Quarter and Full Year Results for 2023

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TORONTO, Feb. 14, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”, the “Trust” or the “REIT”) (TSX: SRU.UN) is pleased to report its financial and operating results for the quarter and year ended December 31, 2023. “In reflecting on the achievements of 2023, I am pleased with our strong financial and operational results,” said… [Read More]

Flagship Communities Real Estate Investment Trust To Host Conference Call for Fourth Quarter 2023 Results

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Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Feb. 14, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MHC.UN) (“Flagship” or the “REIT”) today announced that senior management will host a conference call on Friday, March 15, 2024 at 8:30 a.m. ET to discuss the REIT’s… [Read More]

Allied and Partners to Reorganize Ownership of TELUS Sky

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TORONTO, Feb. 12, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced that it is working with its partners to reorganize the ownership of TELUS Sky in Calgary. TELUS Sky is the outcome of a development project undertaken by a joint-venture of three equal partners, TELUS, Westbank and Allied…. [Read More]

Timbercreek Financial Secures $510 Million Revolving Credit Facility

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TORONTO, Feb. 08, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company”) is pleased to announce that on February 8, 2024, the Company entered into a third amended and restated credit agreement (the “New Credit Agreement”) with a syndicate of 9 lenders for revolving credit facilities in an aggregate amount… [Read More]

Colliers Reports Fourth Quarter Results

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Robust revenue growth continues in high-value recurring services Fourth quarter and full year operating highlights:     Three months ended   Twelve months ended     December 31   December 31 (in millions of US$, except EPS)   2023     2022     2023     2022              … [Read More]

Larry Pollock and Carolyn Graham resign as Melcor REIT Trustees

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EDMONTON, Alberta, Feb. 06, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“the REIT” – TSX: MR.UN) today announced that Mr. Larry Pollock and Ms. Carolyn Graham have resigned as a trustees of Melcor REIT. In accordance with the REIT’s declaration of trust, the resignations will be effective March 5, 2024 or such earlier… [Read More]

FirstService Declares 11% Increase To Quarterly Cash Dividend

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TORONTO, Feb. 05, 2024 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.225 per Common Share and declared a quarterly dividend of US$0.25 per Common… [Read More]

Firm Capital Apartment REIT Completes Sale of Maryland Joint Venture Property for $15.9 Million

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All figures in $USD unless otherwise noted.TORONTO, Feb. 02, 2024 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report that it has completed the previously announced (November 8, 2023) sale of its joint venture property located in Maryland for $15.9 million (100% of the… [Read More]

Allied Announces Fourth-Quarter and Year-End Results

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TORONTO, Jan. 31, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its fourth quarter and year ended December 31, 2023. Allied maintained operating momentum throughout 2023 as a result of (i) sustained leasing and user-experience activity, (ii) comprehensive team development and (iii) implementation of a five-year capital-allocation… [Read More]

Northview Residential REIT Announces January Distribution

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Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Jan. 24, 2024 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its January 2024 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of… [Read More]