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Northern Property REIT to Create $3 Billion National Multi-Family REIT Through Acquisition of True North Apartment REIT and $535MM Multi-Family Portfolio from Starlight Investments Ltd.

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Highlights – Creation of a national platform for both NPR and True North unitholders with significant scale and portfolio diversification – NPR to be renamed Northview Apartment Real Estate Investment Trust and listed on the TSX under the proposed symbol NVU.UN – Northview portfolio to consist of approximately 25,000 residential suites across Canada – The… [Read More]

Melcor REIT Announces Second Quarter 2015 Results

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EDMONTON, ALBERTA–(Marketwired – Aug. 7, 2015) – Highlights Execution of our growth strategy over the past twelve months increased our portfolio GLA by 49% over Q2-2014. This contributed to growth in certain key metrics over the comparative period Rental Revenue of $16.32 million for growth of 47% over Q2-2014 Net rental income of $9.88 million… [Read More]

Smart Real Estate Investment Trust Releases Second Quarter 2015 Results and Announces Distribution Increase

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TORONTO, ONTARIO–(Marketwired – Aug. 6, 2015) – Smart Real Estate Investment Trust (“SmartREIT” or “the Trust”) (TSX:SRU.UN) is pleased to report strong results for the second quarter ended June 30, 2015. Highlights for the quarter: On May 28, 2015, SmartREIT completed a transformative transaction involving a very significant portfolio of real estate and the SmartCentres’… [Read More]

Dream Office REIT Reports Solid Second Quarter 2015 Results and Robust Leasing Activity

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This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. TORONTO, ONTARIO–(Marketwired – Aug. 6, 2015) – DREAM OFFICE REIT (TSX:D.UN) or (the “REIT” or the “Trust”) today announced its financial results for the three and… [Read More]

Dream Global REIT Completes 600,000 Square Feet of Leasing Including a Major Renewal With Deutsche Post as German Office Market Continues Strong Performance

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TORONTO, ONTARIO–(Marketwired – Aug. 5, 2015) – Editors Note: There is a photo associated with this press release. DREAM GLOBAL REIT (TSX:DRG.UN) today reported its financial results for the quarter ended June 30, 2015. Dream Global REIT’s management team will be holding a conference call tomorrow, August 6, 2015 at 2:00 p.m. (ET). Q2 2015… [Read More]

Killam Properties Inc. Announces Strong Q2-2015 Results, Including 16.7% Growth in FFO Per Share, and $16.7 Million in Acquisitions

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HALIFAX, NOVA SCOTIA–(Marketwired – Aug. 5, 2015) – Killam Properties Inc. (“Killam” or the “Company”) (TSX:KMP) announced its financial and operating results for the second quarter ended June 30, 2015. Q2 Highlights Generated funds from operations (“FFO”) per share (diluted) of $0.21, a 16.7% increase from $0.18 in Q2-2014. Earned adjusted funds from operations (“AFFO”)… [Read More]

RioCan Real Estate Investment Trust Announces Normal Course Issuer Bid

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TORONTO, ONTARIO–(Marketwired – Aug. 5, 2015) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that the Toronto Stock Exchange has approved its notice of intention to make a normal course issuer bid for a portion of its trust units (“Units”) as appropriate opportunities arise from time to time. RioCan’s normal course issuer bid… [Read More]

Dream Industrial REIT Announces 4.5% Growth in AFFO Per Unit and 1.4% Growth in Comparative Properties Net Operating Income

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TORONTO, ONTARIO–(Marketwired – Aug. 4, 2015) – This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its financial results for the three and six months ended June 30, 2015…. [Read More]

DIRTT Announces Results for Q2 2015 and Appointment of New Director

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CALGARY, ALBERTA–(Marketwired – Aug. 4, 2015) – DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX:DRT), a leading technology-enabled designer, manufacturer and installer of fully customized, prefabricated interiors, today announced its financial results for the three- and six-month periods ended June 30, 2015 and changes to its board of directors (“Board”). This news release contains… [Read More]

Allied Properties REIT Announces Joint Venture with Westbank in Toronto's Downtown West

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TORONTO, ONTARIO–(Marketwired – Aug. 4, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that it has established a joint-venture arrangement with Westbank (the “King & Spadina JV”) to redevelop 489-539 King Street West in Toronto (the “Property”). Allied will retain full ownership of the existing buildings on 511-529 King West (the “Heritage Component”) and sell… [Read More]

Allied Properties REIT Announces Strong Second-Quarter Results

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TORONTO, ONTARIO–(Marketwired – Aug. 4, 2015) – Allied Properties REIT (TSX:AP.UN) today announced results for its second quarter ended June 30, 2015. The results are summarized below: THREE MONTHS ENDED JUNE 30, JUNE 30, (In thousands except for per unit and % amounts) 2015 2014 CHANGE % CHANGE Investment properties 4,008,398 3,456,310 552,088 16.0 %… [Read More]