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Colliers announces $250 million increase to Credit Facility

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TORONTO, April 28, 2023 (GLOBE NEWSWIRE) — Colliers International Group Inc. (TSX and NASDAQ: CIGI) (“Colliers”) announced today that it has increased the total commitments under its unsecured multi-currency revolving credit facility maturing May 2027 (the “Credit Facility”) by US$250 million, resulting in total borrowing capacity of US$1.75 billion. The cost of borrowing, maturity date,… [Read More]

Melcor REIT announces election of trustees – CORRECTION

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EDMONTON, Alberta, April 27, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today announced the results of its annual general meeting, held today. A total of 17,372,521 units were voted in person or by proxy, representing 59.72% of the outstanding units as of the record date. Unitholders approved all… [Read More]

Melcor announces election of directors

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EDMONTON, Alberta, April 26, 2023 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced the results of its annual general meeting (AGM), held today. A total of 25,484,340 shares were voted in person or by proxy, representing 81.55% of the outstanding shares as of the record… [Read More]

Melcor REIT announces election of trustees

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EDMONTON, Alberta, April 26, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today announced the results of its annual general meeting, held today. A total of 17,372,521 units were voted in person or by proxy, representing 59.72% of the outstanding units as of the record date. Unitholders approved all… [Read More]

StorageVault Reports 2023 First Quarter Results and Increases Dividend

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TORONTO, April 26, 2023 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2023 first quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “In Q1 2023, we reduced our variable rate debt exposure to only 3.41% and achieved a same store NOI growth of 6.3%. For… [Read More]

Allied Announces First-Quarter Results

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TORONTO, April 26, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for the three months ended March 31, 2023. “Despite continuing macroeconomic uncertainty, our operating income was up 14.5% in the first quarter, in large part because of development completions and contribution from last year’s portfolio acquisition,” said… [Read More]

Terra Firma Capital Corporation Reports Fourth Quarter & Full Year 2022 Financial Results

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All amounts are stated in United States dollars unless otherwise indicated. TORONTO, April 25, 2023 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company“), a real estate finance company, today announced its financial results for the three months and year ended December 31, 2022. Full Year 2022 Financial Highlights: Total… [Read More]

Firm Capital Apartment REIT Reports Q4/2022 and 2022 Results and Provides Strategic Review Update

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All figures in $USD unless otherwise noted.TORONTO, April 24, 2023 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (“the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the three and twelve months ended December 31, 2022 as well as provide an update regarding the previously announced Strategic Review:… [Read More]

Timbercreek Financial Declares April 2023 Dividend

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TORONTO, April 20, 2023 (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 May 15, 2023 to holders of Common Shares of record on April 28, 2023. The Company… [Read More]

Middlefield Global Real Asset Fund Distributions

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TORONTO, April 20, 2023 (GLOBE NEWSWIRE) — Middlefield Global Real Asset Fund (TSX: RA.UN) (the “Fund”) is pleased to announce that distributions for the second quarter of 2023 will be payable to unitholders of Middlefield Global Real Asset Fund as follows: Record Date Payable Date Distribution Per Trust Unit April 30, 2023 May 15, 2023… [Read More]