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Colliers completes acquisition of Pangea

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TORONTO, Dec. 02, 2022 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) has completed its previously announced acquisition of a controlling interest in Pangea Property Partners (“Pangea”), a leading capital markets advisor in Sweden and Norway. Pangea becomes Colliers’ new company-owned operation in Norway and will merge… [Read More]

Allied Announces December 2022 Distribution and Distribution Increase for 2023

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TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”)(TSX:AP.UN) announced today that its Trustees have (i) declared a distribution of $0.1458 per unit for the month of December 2022, payable on January 16, 2023, to unitholders of record as at December 30, 2022, and (ii) approved a 2.9% increase in… [Read More]

Nexus Industrial REIT Announces $75 Million Public Offering of Trust Units and $173 Million of Acquisitions

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/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — Nexus Industrial REIT (TSX:NXR.UN) (“Nexus” or the “REIT”) is pleased to announce that it has entered into an agreement to sell to a syndicate of underwriters led by BMO Capital Markets (the “Underwriters”), on a… [Read More]

FirstService Declares Quarterly Cash Dividend on Common Shares

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TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of US$0.2025 per Common Share. The dividend is payable on January 6, 2023 to holders of Common Shares of record at the close… [Read More]

Terra Firma Capital Corporation Reports Third Quarter 2022 Financial Results

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All amounts are stated in United States dollars unless otherwise indicated TORONTO, Nov. 29, 2022 (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 and nine-month periods ended September 30, 2022. Q3 2022 Financial Highlights: Total Assets of… [Read More]

Report on Financial Results for the Three and Nine Months Ended September 30, 2022

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TORONTO, Nov. 25, 2022 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the three and nine months ended September 30, 2022 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS… [Read More]

Allied Provides Update on UDC Portfolio

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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, Nov. 24, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today confirmed that… [Read More]

SmartCentres Declares Distribution for November 2022

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TORONTO, Nov. 23, 2022 (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 November 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on December… [Read More]

Halmont Properties Corporation Third Quarter Results

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TORONTO, Nov. 23, 2022 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that net income to common shareholders for the nine months ended September 30, 2022, was $10,012,000 as compared to net income of $1,887,000 for the nine months ended September 30, 2021. (thousands, except per share amounts) Nine… [Read More]

Timbercreek Financial Declares November 2022 Dividend

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TORONTO, Nov. 22, 2022 (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 December 15, 2022 to holders of Common Shares of record on November 30, 2022. The Company also… [Read More]

Firm Capital Apartment REIT Reports Q3/2022 Results and Announces Strategic Review

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All figures in $USD unless otherwise noted.TORONTO, Nov. 15, 2022 (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 months ended September 30, 2022: EARNINGS For the three months ended September 30, 2022, net loss was approximately $1.4… [Read More]