Acquisition expands footprint into fast-growing Arizona market TORONTO AND PHOENIX, May 09, 2023 (GLOBE NEWSWIRE) — Global professional services and investment management firm, Colliers (NASDAQ and TSX: CIGI), today announced that its Colliers Engineering & Design (“CED”) division has acquired HILGARTWILSON, LLC (“HILGARTWILSON”), an Arizona-based engineering, planning and survey firm. The addition will enhance CED’s… [Read More]
Timbercreek Financial Announces 2023 First Quarter Results
TORONTO, May 08, 2023 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months ended March 31, 2023 (“Q1 2023”). Q1 2023 Highlights1 Record quarterly net investment income of $32.7 million (up 44.2% from Q1 2022) Record net income and comprehensive income of $18.1 million, up from… [Read More]
Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units
All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, May 04, 2023 (GLOBE NEWSWIRE) — Brookfield Property Partners (“BPY” or the “Partnership”) announced today that the Board of Directors has declared quarterly distributions on the Partnership’s Class A Nasdaq-listed BPYPP, BPYPO, BPYPN and BPYPM (TSX: BPYP.PR.A) preferred units of $0.40625 per unit,… [Read More]
Allied Announces Voting Results from the 2023 Annual and Special Meeting of Unitholders
TORONTO, May 02, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today the results of matters voted on at its annual and special meeting of the holders (the “Unitholders”) of units and special voting units of Allied (collectively, “Units”) held on May 2, 2023 (the “Meeting”). The voting results for… [Read More]
Melcor REIT announces first quarter 2023 results
EDMONTON, Alberta, May 02, 2023 (GLOBE NEWSWIRE) — Melcor REIT (TSX: MR.UN) today announced results for the first quarter ended March 31, 2023. Revenue was stable in the quarter at $18.99 million and net operating income was down 3% at $11.52 million. Occupancy currently sits at 88%, up 0.3% compared to year-end and we have retained… [Read More]
Colliers Reports First Quarter Results
Growth in high value recurring revenues improves balance and resilience First quarter operating highlights: Three months ended March 31 (in millions of US$, except EPS) 2023 2022 Revenues $ 965.9 $ 1,000.9 Adjusted EBITDA (note 1) 104.6 … [Read More]
Colliers adds top-tier engineering firm
Acquisition strengthens Colliers Engineering & Design in Australia TORONTO and SYDNEY, Australia, May 02, 2023 (GLOBE NEWSWIRE) — Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that Colliers Engineering & Design Australia (“CED”) has acquired Craig & Rhodes Pty Limited (“Craig & Rhodes”), a leading multi-discipline engineering, design and… [Read More]
Halmont Properties Corporation Year End Results
TORONTO, April 28, 2023 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that net income to shareholders for the year ended December 31, 2022, was $9.57 million as compared to net income of $7.10 million for the year ended December 31, 2021. (millions, except per share amounts) Year Ended… [Read More]
Colliers announces $250 million increase to Credit Facility
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
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
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
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]
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