TORONTO, ONTARIO–(Marketwired – Feb. 10, 2016) – Smart Real Estate Investment Trust (“SmartREIT” or “the Trust”) (TSX:SRU.UN) is pleased to report strong results for the fourth quarter and year ended December 31, 2015. Highlights for the quarter ended December 31, 2015: Funds From Operations (“FFO”) increased by 22.2% to $80.4 million and 8.3% to $0.52… [Read More]
Toromont Announces 2015 Results and 6% Increase in Quarterly Dividend
TORONTO, ONTARIO–(Marketwired – Feb. 9, 2016) – Toromont Industries Ltd. (TSX:TIH) today reported financial results for the three and twelve-month periods ended December 31, 2015. Three months ended December 31 Twelve months ended December 31 millions, except per share amounts 2015 2014 % change 2015 2014 % change Revenues $ 472.0 $ 465.7 1 %… [Read More]
OneREIT Announces Revised January 2016 Distribution Date
TORONTO, ONTARIO–(Marketwired – Feb. 5, 2016) – NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY NON-CANADIAN SOURCE OneREIT (TSX:ONR.UN) announced today a revised distribution date for its January cash distribution. The January cash distribution will be distributed on February 12, 2016 instead of the previously announced distribution date of February 15, 2016. The… [Read More]
RioCan Real Estate Investment Trust Announces Redemption of Cumulative Rate Reset Preferred Trust Units, Series A
TORONTO, ONTARIO–(Marketwired – Feb. 2, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN)(TSX:REI.PR.A) today announced that it will exercise its right to redeem all of its 5 million outstanding Cumulative Rate Reset Preferred Trust Units, Series A (the “Series A Units”) on March 31, 2016 at the cash redemption price of $25.00 per Series… [Read More]
Northview Apartment REIT Opens Cobble Hill, Newest Rental Community in Airdrie, Alberta
CALGARY, ALBERTA–(Marketwired – Jan. 29, 2016) – Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) (“Northview”) officially opened Cobble Hill, their newest rental community, on Friday, January 29. Cobble Hill is located in Airdrie, Alberta, just north of Calgary and is Northview’s first major entry into the Calgary and area market. “At Northview, we’re passionate about… [Read More]
RBC Capital Markets Settlement
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan. 27, 2016) – Parkit Enterprise Inc. (TSX VENTURE:PKT)(OTCQX:PKTEF) is pleased to announce that it has reached an amicable settlement of a claim put forward by RBC Capital Markets Real Estate Group Inc. for past services related to a 2012 financial advisory fee pertaining to the company’s predecessor’s affiliate, Greenscape Capital… [Read More]
Allied Properties Real Estate Investment Trust Provides Leasing Update on 287,000 Square Feet of GLA
TORONTO, ONTARIO–(Marketwired – Jan. 25, 2016) – Allied Properties REIT (TSX:AP.UN) today provided a leasing update on several recently completed lease transactions. “While significant individually, the new leases are particularly important cumulatively,” said Michael Emory, President & CEO. “They reflect the depth and breadth of demand for urban office space in several of our target… [Read More]
Allied Properties Real Estate Investment Trust Announces January Distribution
TORONTO, ONTARIO–(Marketwired – Jan. 21, 2016) – Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.125 per unit for the month of January 2016, representing $1.50 per unit on an annualized basis. The distribution will be payable on February 15, 2016, to unitholders of record as… [Read More]
Northview Apartment REIT Announces Timing of 2015 Fourth Quarter and Year End Earnings Report
CALGARY, ALBERTA–(Marketwired – Jan. 21, 2016) – Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) will release its third quarter earnings on March 9, 2016, to be followed by a conference call on March 10, 2016, at 10:00 a.m. Mountain Time, 12:00 p.m. Eastern Time. Participating on the call will be Mr. Todd Cook (Chair), President… [Read More]
PROREIT Announces January 2016 Distribution
MONTRÉAL, QUÉBEC–(Marketwired – Jan. 20, 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) announced today that a cash distribution of $0.0175 per trust unit of the REIT (“Units“) for the month of January, 2016… [Read More]
Urbanfund Corp. Announces Completion of Acquisition of Controlling Interest in 62 Unit Multi-Residential Rental Construction Site
TORONTO, ONTARIO–(Marketwired – Jan. 20, 2016) – Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (“Urbanfund” or the “Company”), announced today that the Company completed the acquisition of a controlling interest in a proposed multi-residential rental development site located at 59-65 Weber Street West in Kitchener, Ontario (the “Property”), which Property… [Read More]
CAPREIT Expands Presence in Strong London Ontario Market
TORONTO, ONTARIO–(Marketwired – Jan. 20, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a portfolio of six apartment and townhome properties well located in London, Ontario totaling 670 rental suites. The purchase price (excluding transaction costs) of approximately $52.0 million was funded with… [Read More]
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