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CAPREIT Continues to Grow in Vibrant British Columbia Market

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TORONTO, ONTARIO–(Marketwired – July 31, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of Yorkson Grove, a 58 suite luxury apartment property located in Langley, British Columbia for a purchase price (excluding transaction costs) of approximately $17.0 million. The purchase was funded with CAPREIT’s… [Read More]

RioCan Real Estate Investment Trust Announces 7% Growth in Operating Funds From Operations in the Second Quarter of 2015

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TORONTO, ONTARIO–(Marketwired – July 31, 2015) – RioCan’s (TSX:REI.UN) HIGHLIGHTS for the three and six months ended June 30, 2015 were: RioCan’s Operating Funds From Operations (“Operating FFO”) for the three months ended June 30, 2015 (“Second Quarter”) was $136 million or $0.43 per Unit compared to $127 million or $0.42 per Unit for the… [Read More]

Dream Unlimited Corp. Reports Second Quarter 2015 Results and Announces Significant New Financing Transactions

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TORONTO, ONTARIO–(Marketwired – July 30, 2015) – Dream Unlimited Corp. (TSX:DRM)(TSX:DRM.PR.A) (“Dream”, “the Company” or “we”) today announced its financial results for the three and six months ended June 30, 2015. Basic earnings per share (“EPS”) for the three months ended June 30, 2015 were $1.10, up from $0.16 for for the three months ended… [Read More]

CAPREIT Enters First Joint Venture Property Development Contract in Toronto's King High Line Project

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TORONTO, ONTARIO–(Marketwired – July 29, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has entered into an agreement to acquire a one-third undivided interest in the residential component of the King High Line Project, a mixed-use property development located at 1100 King Street West in downtown Toronto, Ontario… [Read More]

InterRent REIT Results for the Second Quarter of 2015

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OTTAWA, ONTARIO–(Marketwired – July 29, 2015) – 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, 2015. Highlights The stabilized portfolio increased to $978 (June 2015) from $942… [Read More]

Tricon Capital Group Announces New Strategic Initiative, Tricon Luxury Residences, and Bought Deal Equity Financing

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TORONTO, ONTARIO–(Marketwired – July 28, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX:TCN) today announced a new strategic initiative focused on the development and management of a portfolio of Class-A purpose-built luxury rental apartments across the United States… [Read More]

Urbanfund Corp. Announces Completion of Acquisition of Controlling Interest in Multi-Residential Rental Complex Redevelopment Project

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TORONTO, ONTARIO–(Marketwired – July 28, 2015) – 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 multi-residential rental complex redevelopment project located at 48 Weber Street West in Kitchener, Ontario (the “Property”), which Property… [Read More]

CAPREIT Announces Normal Course Issuer Bid

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TORONTO, ONTARIO–(Marketwired – July 23, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT“) (TSX:CAR.UN) announced today that the Toronto Stock Exchange (the “TSX“) has approved its notice of intention to make a normal course issuer bid for its units (“Units“) as appropriate opportunities arise from time to time. CAPREIT’s normal course issuer bid… [Read More]

Urbanfund Corp. Declares Dividend

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TORONTO, ONTARIO–(Marketwired – July 22, 2015) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (the “Company”), announces that the board of directors of the Company has declared a dividend of $0.00125 per common share and $0.00125… [Read More]

PROREIT Announces July 2015 Distribution

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MONTRÉAL, QUÉBEC–(Marketwired – July 21, 2015) – 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 July, 2015… [Read More]

Dream Industrial REIT July 2015 Monthly Distribution

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TORONTO, ONTARIO–(Marketwired – July 17, 2015) – DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its July 2015 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The July distribution will be payable on August 15, 2015 to unitholders of record as at July 31, 2015. Dream Industrial REIT is an unincorporated, open-ended… [Read More]