EDMONTON, ALBERTA–(Marketwired – March 3, 2015) – The Melcor REIT (TSX:MR.UN) conference call will be held at 11:00 am ET, 9:00 am MT this morning. Unitholders and interested parties are invited to join CEO Darin Rayburn and CFO Jonathan Chia on the 2014 annual results conference call. Call 416-340-8527 in the Toronto area; 877-677-0837 toll… [Read More]
Melcor REIT Announces 2014 Results
EDMONTON, ALBERTA–(Marketwired – March 3, 2015) – Annual Highlights Rental Revenue of $44.51 million for growth of 13% over 2013 Net rental income of $26.65 million for growth of 14% over 2013 Adjusted funds from operations (AFFO) grew 12% to $15.61 million or $0.76 per unit Debt to Gross Book Value (GBV) ratio of 50%,… [Read More]
CHC Student Housing Corp. Announces Annual Audited Financial Statements
TORONTO, ONTARIO–(Marketwired – March 2, 2015) – CHC Student Housing Corp. (“CHC” or the “Company”) (TSX VENTURE:CHC) is pleased to announce that it has filed its audited financial statements and related management’s discussion and analysis (“MD&A”) for the twelve months ended December 31, 2014. The financial statements and MD&A are available under CHC’s profile on… [Read More]
Brookfield Residential Acquires Grand Haven Homes in Central Texas
CALGARY, ALBERTA–(Marketwired – March 2, 2015) – Brookfield Residential Properties Inc. (“Brookfield Residential”) (NYSE:BRP)(TSX:BRP) today announced the acquisition of Grand Haven Homes, an Austin, Texas homebuilder. Grand Haven Homes was founded in 2006 and has closed more than 800 homes and currently builds in 15 communities across Central Texas. The company owns and controls approximately… [Read More]
Dream is Proud to Announce Jane Gavan as the Winner of the Prestigious German immobilienmanager.AWARD
TORONTO, ONTARIO–(Marketwired – Feb. 27, 2015) – Dream Unlimited Corp. (TSX:DRM)(TSX:DRM.PR.A) and Dream Global REIT (TSX:DRG.UN) are proud to announce that Jane Gavan, CEO of Dream Global REIT, was honoured with the prestigious “Surprise Prize” by German immobilienmanager.AWARD. “Exemplary, innovative and courageous are the three key characteristics we looked for when determining the recipient of… [Read More]
Artis Releases 2014 Annual Results: GBV Increases to $5.5 Billion, AFFO Payout Ratio Improves to 87.8%
WINNIPEG, MANITOBA–(Marketwired – Feb. 26, 2015) – Today Artis Real Estate Investment Trust (“Artis” or “the REIT”) (TSX:AX.UN) issued its financial results and achievements for the three and twelve months ended December 31, 2014. All amounts are in thousands of Canadian dollars, unless otherwise noted. “We are pleased to report that 2014 was another successful… [Read More]
Madison Pacific Properties Inc. Announces Results of Annual General Meeting
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Feb. 26, 2015) – Madison Pacific Properties Inc. (the Company) (TSX:MPC)(TSX:MPC.C), reports the voting results of the Annual General Meeting of its shareholders held February 25, 2015 in Vancouver, British Columbia. The following six nominees were re-elected as directors of the Company by the following votes: Nominee Votes For Percent Votes… [Read More]
Slate Retail REIT Upsizes Public Offering Financing to Approximately C$50 Million
TORONTO, ONTARIO–(Marketwired – Feb. 26, 2015) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Slate Retail REIT (the “REIT“) (TSX:SRT.UN)(TSX:SRT.U) announced today that it has upsized the previously announced bought deal financing agreement to 3,850,000 class U trust units of the REIT (the “Units“) at a price of C$13.00… [Read More]
Slate Retail REIT Announces C$40 Million Bought Deal Equity Offering, C$10 Million Private Placement and US$201 Million Acquisition of Slate U.S. Opportunity (No. 3) Realty Trust
TORONTO, ONTARIO–(Marketwired – Feb. 25, 2015) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Slate Retail REIT (the “REIT“) (TSX:SRT.UN)(TSX:SRT.U) announced today that it has entered into an agreement to sell to a syndicate of underwriters led by joint-bookrunners CIBC and GMP Securities (the “Underwriters“), on a bought deal… [Read More]
RioCan Real Estate Investment Trust Announces Strategic Venture With Hudson's Bay Company to Unlock Long-Term Value From Canadian Real Estate and Capitalize on Future Growth Opportunities
TORONTO, ONTARIO–(Marketwired – Feb. 25, 2015) – Earlier this morning RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) announced that it has agreed to form a joint venture with Hudson’s Bay Company (“HBC”) focused on real estate growth opportunities in Canada. The joint venture will enable RioCan and HBC to build on the strength of existing… [Read More]
Glass Lewis Recommends Brookfield Residential Shareholders Vote for the Arrangement
CALGARY, ALBERTA–(Marketwired – Feb. 24, 2015) – Brookfield Residential Properties Inc. (the “Company” or “Brookfield Residential“) (NYSE:BRP)(TSX:BRP) is pleased to announce that a second independent proxy advisory firm, Glass Lewis & Co., LLC (“Glass Lewis“), has recommended that shareholders vote FOR the special resolution to approve the plan of arrangement (the “Plan of Arrangement“) pursuant… [Read More]
Altus Group Reports Strong Fourth Quarter and 2014 Financial Results
Altus Group Delivers Double-Digit Revenue and Adjusted EBITDA Growth TORONTO, ONTARIO–(Marketwired – Feb. 24, 2015) – Altus Group Limited (“Altus Group” or “the Company”) (TSX:AIF), a leading provider of commercial real estate services, software and data solutions, announced today its financial and operating results for the fourth quarter and year ended December 31, 2014. Full… [Read More]
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