TORONTO, ONTARIO–(Marketwired – Dec. 14, 2015) – Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that it has closed a $150,000,000 bilateral unsecured facility with a Canadian chartered bank for a term of three years and bearing interest at a floating rate of CDOR plus 1.7% per year (the “Term Facility”). The Term Facility is on… [Read More]
Allied Properties Real Estate Investment Trust Announces Distribution Increase for 2016
TORONTO, ONTARIO–(Marketwired – Dec. 9, 2015) – Allied Properties REIT (TSX:AP.UN) today announced that its Trustees have approved an increase in monthly cash distributions from $0.1216 per unit ($1.46 per unit annualized) to $0.125 per unit ($1.50 per unit annualized). The increased monthly distribution will commence on January 15, 2016, payable to unitholders of record… [Read More]
Killam Properties Inc. Receives Shareholder Approval to Convert to Killam Apartment REIT
HALIFAX, NOVA SCOTIA–(Marketwired – Dec. 8, 2015) – Killam Properties Inc. (TSX:KMP) (“Killam”) is pleased to announce that is has received shareholder approval of its plan of arrangement (the “Arrangement”) to convert Killam from a corporation to a real estate investment trust (“REIT”) to be named Killam Apartment REIT. Approval was received at a special… [Read More]
Dream Office REIT Launches Tree of Dreams Campaign
TORONTO, ONTARIO–(Marketwired – Dec. 7, 2015) – DREAM OFFICE REIT (TSX:D.UN) has proudly launched its Tree of Dreams campaign in some of its office buildings in major Canadian cities. The holiday campaign provides tenants of those buildings the opportunity to buy a gift for a senior in need who lives in their community. In partnership… [Read More]
Urbanfund Corp. Reports Financial Results for the Three and Nine Month Periods Ended September 30, 2015
TORONTO, ONTARIO–(Marketwired – Nov. 30, 2015) – Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (the “Company”), confirmed today that the Company has filed financial results for the three and nine month periods ended September 30, 2015 (the “Financial Statements”). For the three month period ended September 30, 2015, the Company… [Read More]
Killam Properties Inc. Reminds Shareholders to Vote In Favour of the Proposed REIT Conversion and Enhances Governance Policies
HALIFAX, NOVA SCOTIA–(Marketwired – Nov. 30, 2015) – Killam Properties Inc. (TSX:KMP) (“Killam”) reminds shareholders to vote for the proposed plan of arrangement (the “Arrangement“) to convert Killam from a corporation to a real estate investment trust (“REIT“). Killam’s board of directors has unanimously voted in favour of the Arrangement and encourages its shareholders to… [Read More]
InterRent Announces $21.6 Million Acquisition in Montreal, Quebec and $8.7 Million Disposition in Brampton, Ontario
OTTAWA, ONTARIO–(Marketwired – Nov. 27, 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”) announced today that it has entered into an unconditional agreement to acquire a property in Le Plateau-Mont-Royal (Montreal). The property consists of 127 suites along with… [Read More]
Halmont Properties Corporation Third Quarter Results
TORONTO, ONTARIO–(Marketwired – Nov. 26, 2015) – HALMONT PROPERTIES CORPORATION (TSX VENTURE:HMT) announced today that the net income to common shareholders for the nine months ended September 30, 2015 was $0.88 million as compared to net income of $0.75 million for the nine months ended September 30, 2014. Nine months ended (in millions) September 30,… [Read More]
Gulf & Pacific Equities Corp. Reports on Third Quarter Results With Revenue of $1,095,473
TORONTO, ONTARIO–(Marketwired – Nov. 26, 2015) – NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISTRIBUTION INTO THE UNITED STATES Gulf & Pacific Equities Corp. (TSX VENTURE:GUF) an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, reports a 55.3% increase in revenues to $1,095,473 in the… [Read More]
PROREIT Reports Strong Financial and Operating Gains for Third Quarter 2015
MONTRÉAL, QUÉBEC–(Marketwired – Nov. 25, 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) is pleased to report financial and operating results for the three and nine-months ended September 30, 2015 (or “third quarter“). Third… [Read More]
CHC Student Housing Corp. Announces Third Quarter Financial Results
TORONTO, ONTARIO–(Marketwired – Nov. 25, 2015) – CHC Student Housing Corp. (“CHC” or the “Company”) (TSX VENTURE: CHC) is pleased to announce that it has filed its unaudited consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and nine months ended September 30, 2015. The financial statements and MD&A are… [Read More]
RioCan Real Estate Investment Trust Announces Settlement With Target Corporation
TORONTO, ONTARIO–(Marketwired – Nov. 23, 2015) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) is pleased to announce that, on its behalf and on behalf of its co-owners, it has entered into a binding agreement (“Settlement Agreement”) with Target Corp., the US parent of Target Canada Co. (“Target Canada”), concluding terms of settlement relating to… [Read More]
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