EDMONTON, Alberta, March 05, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announced results for the fourth quarter and year ended December 31, 2023. The annual Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+… [Read More]
Brookfield Property Partners Completes 2023 Annual Filings
BROOKFIELD NEWS, March 01, 2024 (GLOBE NEWSWIRE) — Brookfield Property Partners announced today that it has filed its 2023 annual report on Form 20-F, including its audited financial statements for the year ended December 31, 2023, with the SEC on EDGAR as well as with the Canadian securities authorities on SEDAR+. These documents are also… [Read More]
Colliers International Group Inc. Completes US$300 Million Bought Deal Public Offering of Equity
TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) — Colliers International Group Inc. (TSX and NASDAQ: CIGI) (“Colliers” or the “Company”) is pleased to report that it has closed its previously announced bought deal public offering of 2,479,500 subordinate voting shares (the “Subordinate Voting Shares”), at a price of US$121.00 per Subordinate Voting Share for gross proceeds… [Read More]
Northview Residential REIT, Newly Transformed $2.7 Billion REIT, Reports Strong 2023 Results, Including Multi-Residential Same Door NOI Growth of 7.8% and Western Canada Occupancy Gains of 390 bps
Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) — Northview Residential REIT (“Northview” or the “REIT”) (NRR.UN – TSX), today announced financial results for the three months and year ended December 31, 2023. “2023 was a successful year for Northview with strong… [Read More]
FirstService Residential Further Enhances Market Leadership Position in Florida
Acquires Rizzetta & Company TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired a controlling interest in Rizzetta & Company (“Rizzetta” or the “Company”). William “Bill” Rizzetta, Founder and President, will retain a significant equity stake… [Read More]
Timbercreek Financial Announces 2023 Fourth Quarter Results and Special Dividend
TORONTO, Feb. 26, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and year ended December 31, 2023 (“Q4 2023”). Full-Year 2023 Highlights1 Record net investment income of $124.2 million versus $109.8 million in 2022. Net income and comprehensive income of $66.4 million, up from… [Read More]
StorageVault Reports Fiscal 2023 Annual Results; Highlighting NOI and AFFO Growth; Provides 2024 Outlook; Increases Dividend
TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reports the Corporation’s full year 2023 audited results. Iqbal Khan, Chief Financial Officer, commented: “Our team continued to deliver solid growth in 2023, achieving same store NOI growth of 4.5% and AFFO per share growth of 7.6% – these results… [Read More]
Melcor REIT Announces Commencement of Strategic Review Process and Suspension of Distribution
EDMONTON, Alberta, Feb. 22, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announces steps to strengthen its financial position and maximize unitholder value, including commencement of a strategic review process and a suspension of its monthly distribution. Strategic Review Process The Board of Trustees (the “Board”)… [Read More]
CAPREIT Reports Fourth Quarter and Year End 2023 Results
TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today strong operating and financial results for the three months and year ended December 31, 2023. Management will host a conference call to discuss the financial results on Friday, February 23, 2024 at 9:00 a.m. ET. HIGHLIGHTS As… [Read More]
Allied Announces Renewal of Normal Course Issuer Bid
TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced that it has received approval from the Toronto Stock Exchange (“TSX”) for a normal course issuer bid (“NCIB”) which will enable it to purchase up to 12,629,698 of its 127,955,983 issued and outstanding units (“Units”) as at February… [Read More]
Colliers recognized among best professional services firms by IAOP
18th straight appearance on IAOP’s Global Outsourcing 100® TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) has been named to the 2024 Global Outsourcing 100® list by the International Association of Outsourcing Professionals (IAOP). This marks Colliers’ 18th consecutive year of being recognized… [Read More]
Timbercreek Financial Declares February 2024 Dividend
TORONTO, Feb. 21, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on March 15, 2024 to holders of Common Shares of record on February 29, 2024. The Company… [Read More]
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