TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the year ended December 31, 2022. ERES’s audited consolidated annual financial statements and management’s discussion and analysis (“MD&A”) for the year ended December 31, 2022 can be found at www.eresreit.com or… [Read More]
CAPREIT Announces February 2023 Distribution
TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its February 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The February distribution will be payable on March 15, 2023 to Unitholders of record on February 28,… [Read More]
Allied Announces February 2023 Distribution
TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of February 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on March 15, 2023, to unitholders of record as… [Read More]
ERES REIT Declares February 2023 Monthly Distribution
TORONTO, Feb. 15, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the February 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “February Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]
Colliers Reports Fourth Quarter Results
Strong full year performance driven by high value recurring revenues Fourth quarter and full year operating highlights: Three months ended Twelve months ended December 31 December 31 (in millions of US$, except EPS) 2022 2021 2022 2021 … [Read More]
SmartCentres Real Estate Investment Trust Releases Fourth Quarter and Full Year Results for 2022
Operational Shopping centre leasing activity remains strong, with industry-leading occupancy levels of 98% in Q4 2022, representing a 40 basis point increase as compared to the same period 2021 Same Properties NOI(1) for the quarter increased by $5.1 million or 4.0% as compared to Q4 2021, and for the full year increased by $16.5 million… [Read More]
FirstService Reports Strong Fourth Quarter and Full Year Results
Performance Driven by Robust Organic Top-Line Growth Across Both Divisions Operating highlights: Three months ended Year ended December 31 December 31 2022 2021 2022 2021 Revenues (millions)… [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, Feb. 06, 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]
FirstService Declares 11% Increase to Quarterly Cash Dividend
TORONTO, Feb. 06, 2023 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.2025 per Common Share and declared a quarterly dividend of US$0.225 per Common… [Read More]
Terra Firma Capital Appoints New Board Member
TORONTO, Feb. 03, 2023 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (“Terra Firma” or the “Corporation”) (TSX-V: TII), a real estate finance company, has announced, subject to regulatory approval, the appointment of Mr. Mike Kirchmair as a member of the board of directors of the Corporation (the “Board”), effective January 31, 2023. Mr. Kirchmair is… [Read More]
Melcor REIT sells office building in Kelowna, BC for $19.5 million
Highlights Office building with main floor retail with total gross leasable area of 71,600 sf on a 2.8 acre site. Sold for $19.5 million ($272.24/sf), resulting in net cash proceeds of $9.0 million after mortgage repayment. EDMONTON, Alberta, Feb. 02, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today… [Read More]
Allied Announces Key Elements of Board Renewal and Succession Plan
This news release constitutes a “designated news release” for the purposes of Allied’s prospectus supplement dated November 12, 2021, to its short form base shelf prospectus dated June 2, 2021, as amended on November 11, 2021. TORONTO, Jan. 31, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”)(TSX:AP.UN) today announced that it will… [Read More]
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