TORONTO, ONTARIO–(Marketwired – Jan. 29, 2015) – Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that it has closed a $200,000,000 unsecured revolving credit facility with a Canadian chartered bank for a term of three years to replace Allied’s current $100,000,000 secured credit facility. The credit facility also contains a feature that would allow Allied to… [Read More]
InterRent Announces $32.4 Million Acquisition in Montreal, Quebec
OTTAWA, ONTARIO–(Marketwired – Jan. 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”) announced today that it has entered into an agreement to purchase a 280 suite high-rise building ideally situated in Côte Saint-Luc on the Island of Montreal,… [Read More]
CAPREIT Completes Acquisition of 270 Apartment Suite Portfolio in Dublin, Ireland
TORONTO, ONTARIO–(Marketwired – Jan. 28, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has, through a wholly-owned Irish subsidiary, completed the previously announced acquisition of the Rockbrook Portfolio, consisting of 270 residential suites and approximately 50,214 square feet of mixed-use commercial space located in Dublin, Ireland for approximately… [Read More]
InterRent Announces $27.75 Million Acquisition in Ottawa, Ontario and $75 Million Bought Deal
OTTAWA, ONTARIO–(Marketwired – Jan. 28, 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 multi-family portfolio in Ottawa that will add 286 suites to the REIT (the… [Read More]
Canadian Real Estate Investment Trust Announces $100 Million Offering of 2.564% Series C Senior Unsecured Debentures
TORONTO, ONTARIO–(Marketwired – Jan. 28, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Canadian Real Estate Investment Trust (“CREIT”) (TSX:REF.UN) announced today that it has entered into an agreement to sell on a bought deal basis, to a syndicate of underwriters led by RBC Capital Markets, $100… [Read More]
InnVest Real Estate Investment Trust Announces Early Redemption of Series D-6.75% Convertible Debentures Due March 31, 2016
TORONTO, ONTARIO–(Marketwired – Jan. 28, 2015) – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that it will redeem all of its 6.75% Convertible Debentures, Series D, scheduled to mature on March 31, 2016 (the “Debentures”) on March 3, 2015 (the “Redemption Date”). On the Redemption Date, InnVest will pay to the holders of… [Read More]
Brookfield to Establish Global Facilities Management Business
NEW YORK, NEW YORK–(Marketwired – Jan. 23, 2015) – Brookfield Asset Management Inc. (“Brookfield”) announced today that it has reached an agreement to acquire the other 50% of its Canadian and Australian facilities management businesses from Johnson Controls Inc. for approximately US$200 million. This acquisition will facilitate a merger with its wholly owned businesses in… [Read More]
CHC Realty Capital Corp. Announces Property Acquisition
TORONTO, ONTARIO–(Marketwired – Jan. 22, 2015) – CHC Realty Capital Corp. (“CHC” or the “Company”) (TSX VENTURE:CHC) is pleased to announce that it has entered into an arm’s length agreement dated as of January 15, 2015 to acquire a student housing property located at 2 Taylorwood Road in Oshawa, Ontario next to the University of… [Read More]
Artis Real Estate Investment Trust Receives LEED® Certification at Eight Office Properties
WINNIPEG, MANITOBA–(Marketwired – Jan. 22, 2015) – Artis Real Estate Investment Trust (TSX:AX.UN) (“Artis” or the “REIT”) announced today that, as part of its commitment to promoting the use of energy efficient landlord and tenant practices and reduce potential adverse effects on the environment, it received Leadership in Energy & Environmental Design (LEED) certification at… [Read More]
Cominar Announces Bought Deal Financing for Gross Proceeds of $135 Million
QUEBEC CITY, QUEBEC–(Marketwired – Jan. 22, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. Cominar Real Estate Investment Trust (“Cominar”) (TSX:CUF.UN) announced today that it has entered into an agreement to sell, on a bought deal basis, 6,871,000 trust units (“Units”) from treasury to a syndicate of underwriters… [Read More]
InterRent Announces January 2015 Distributions
OTTAWA, ONTARIO–(Marketwired – Jan. 21, 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 its distribution declared for the month of January 2015 is $0.0183 per Trust unit, equal to $0.22 per Trust unit on an annualized… [Read More]
Dream Industrial REIT January 2015 Monthly Distribution
TORONTO, ONTARIO–(Marketwired – Jan. 20, 2015) – DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its January 2015 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The January distribution will be payable on February 13, 2015 to unitholders of record as at January 30, 2015. Dream Industrial REIT is an unincorporated, open-ended… [Read More]
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