TORONTO, March 02, 2023 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today that it has entered into senior unsecured credit facilities totalling $375 million (the “Unsecured Facilities”). The Unsecured Facilities have been arranged through a syndicate of six banks with BMO Capital Markets acting as Lead Arranger and Sole Bookrunner. The… [Read More]
RioCan Real Estate Investment Trust announces offering of $200 million, Series AG senior unsecured debentures with a coupon of 5.611% and an all-in interest rate of 5.184% after including the benefits of bond forward hedges
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, March 01, 2023 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has agreed to issue $200 million principal amount of Series AG senior unsecured debentures (the “Debentures”). The Debentures will be… [Read More]
Colliers named one of the top three commercial real estate brands
Ranking reflects continued strength of global brand, platform and leadership TORONTO, March 01, 2023 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) has been named one of the top three global brands in commercial real estate by The Lipsey Company for the sixth consecutive year. “Backed by our… [Read More]
CAPREIT Announces Strategic Capital Recycling in Ottawa
TORONTO, Feb. 27, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of an on-strategy, newly-built property located in a major suburb of Ottawa. The amenity-rich property, which contains 143 residential suites that are approximately 95% occupied, is located in close proximity to… [Read More]
Timbercreek Financial Announces 2022 Fourth Quarter Results
TORONTO, Feb. 22, 2023 (GLOBE NEWSWIRE) — – Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and year ended December 31, 2022 (“Q4 2022”). Q4 2022 Highlights1 Record quarterly net investment income of $31.3 million (up 39.7% from Q4 2021) and record annual net investment income of $109.8… [Read More]
StorageVault Reports Fiscal 2022 Annual Results; Highlighting NOI and AFFO Growth, $241.1 Million in Acquisitions; Provides 2023 Outlook; Increases Dividend
TORONTO, Feb. 22, 2023 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reports the Corporation’s full year 2022 audited results. Iqbal Khan, Chief Financial Officer, commented: “Our dedicated and disciplined team at StorageVault delivered solid growth in 2022, with significant year over year increases in revenue, net operating income and funds from… [Read More]
CAPREIT Announces Appointment of New Board of Trustee Member and Resignation of Trustee
TORONTO, Feb. 22, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) is pleased to announce that Ms. Jennifer Stoddart has joined CAPREIT’s Board of Trustees (the “Board”) effective February 27, 2023. CAPREIT has also announced that Jamie Schwartz has stepped down from the Board, effective as of February 22, 2023,… [Read More]
CAPREIT Reports Fourth Quarter and Year-End 2022 Results
TORONTO, Feb. 22, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continued growth and strong operating and financial results for the three months and year ended December 31, 2022. Management will host a conference call to discuss the financial results on Thursday, February 23, 2023 at 9:00… [Read More]
Colliers named to IAOP’s 2023 Global Outsourcing 100
Recognized among elite service providers for 17th consecutive year TORONTO, Feb. 22, 2023 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company (NASDAQ and TSX: CIGI) announced its inclusion in the International Association of Outsourcing Professionals’ (IAOP®) 2023 Global Outsourcing 100® list in the Leader category. This is the 17th consecutive year that IAOP has… [Read More]
Allied Announces Renewal of Normal Course Issuer Bid
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, Feb. 22, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced that it… [Read More]
SmartCentres Declares Distribution for February 2023
TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of January 2023 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on March… [Read More]
Timbercreek Financial Declares February 2023 Dividend
TORONTO, Feb. 17, 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 March 15, 2023 to holders of Common Shares of record on February 28, 2023. The Company also offers… [Read More]
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