TORONTO, June 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 June 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “June Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]
StorageVault Announces Quarterly Dividend for Q2 2023
TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) announced today that a quarterly dividend of $0.002845 per common share (“Common Share”) will be payable on July 17, 2023 to shareholders of record on June 30, 2023, with an ex-dividend date of June 29, 2023. This dividend has been… [Read More]
Allied Announces June 2023 Distribution
TORONTO, June 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 June 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on July 17, 2023, to unitholders of record as… [Read More]
Brookfield Infrastructure Corporation Announces Results of Annual Meeting of Shareholders
BROOKFIELD, NEWS, June 14, 2023 (GLOBE NEWSWIRE) — Brookfield Infrastructure Corporation (the “Corporation”) (TSX, NYSE: BIPC) today announced that all eight nominees proposed for election to the board of directors by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares (“Class B Shares”) were elected at… [Read More]
StorageVault Partners with the Toronto Blue Jays
TORONTO, June 14, 2023 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is proud to announce that it has been named the Official Self Storage and Portable Storage Provider of the Toronto Blue Jays. The self storage brands of Access Storage, Sentinel Storage and Depotium Mini Entrepot will all benefit from this partnership. Additionally, the… [Read More]
Riocan Real Estate Investment Trust Announces Results of Voting at Its Annual and Special Meeting
TORONTO, June 13, 2023 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the results of the votes held at its June 13, 2023 annual and special meeting of unitholders (the “Meeting”). The total number of units represented by unitholders present in person or by proxy at the… [Read More]
Allied Announces Conversion to an Open-End Trust
TORONTO, June 12, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has completed its conversion from a “closed-end” trust to an “open-end” trust. Unitholders approved the conversion of Allied to an open-end trust and certain amendments to the declaration of trust of Allied (the “Declaration of Trust”)… [Read More]
Northview Fund announces recapitalization transaction including the acquisition of three portfolios for $742 million and its intention to transform into Northview Residential REIT, a $2.7 billion, internally managed, traditional open-ended real estate investment trust focused on national multi-family properties
Highlights Northview will acquire over 3,300 multi-family suites and 119,000 commercial square feet for $742 million in exchange for Northview Fund units, exchangeable units and redeemable units at an issue price of $15.06 per unit and the assumption of in-place financing Northview Residential REIT’s portfolio will consist of 14,622 multi-family suites and execusuites and 1.25… [Read More]
CAPREIT Divests $103MM in Non-Core Properties & Reinvests $74MM in New Build Properties
TORONTO, June 08, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has closed on three dispositions of non-core properties built between 1971 and 1999 for combined consideration of $103.3 million (excluding disposition costs). CAPREIT also announced that it has reinvested a total of $74.1 million (excluding… [Read More]
Melcor Developments Ltd. Announces Normal Course Issuer Bid
EDMONTON, Alberta, June 05, 2023 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative trading systems. The notice provides… [Read More]
European Residential Real Estate Investment Trust Announces Results of 2023 Annual Meeting
TORONTO, June 01, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN) (“ERES”) announced today that, at its Annual Meeting of Unitholders held today, each of the items of business referred to in its management information circular dated April 12, 2023 (the “Circular”) were passed by a vote held by ballot. A… [Read More]
CAPREIT Announces Results of 2023 Annual General Meeting
TORONTO, June 01, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that, at its Annual General Meeting of Unitholders held today (the “Meeting”), each of the items of business referred to in its management information circular dated April 12, 2023 (the “Circular”) were passed by a vote held… [Read More]
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