TORONTO, March 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 March 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “March Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]
Allied Announces March 2023 Distribution
TORONTO, March 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 March 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on April 17, 2023, to unitholders of record as… [Read More]
StorageVault Announces Quarterly Dividend for Q1 2023 and Normal Course Issuer Bids for Common Shares and Debentures
TORONTO, March 15, 2023 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) announced today that a quarterly dividend of $0.002831 per common share (“Common Share”) will be payable on April 17, 2023 to shareholders of record on March 31, 2023, with an ex-dividend date of March 30, 2023. This dividend has been… [Read More]
Nexus Industrial REIT Announces Full Year and Fourth Quarter 2022 Results, Acquisition Update and March Distribution
TORONTO, March 14, 2023 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the year and quarter ended December 31, 2022. Highlights On March 7, 2023, the REIT acquired a newly constructed 532,000 square foot distribution centre located in Casselman, Ontario for $116.8 million. Successfully completed a bought deal… [Read More]
The Becker Milk Company Limited: Nine Month Financial Results and Regular Dividend
TORONTO, March 14, 2023 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) is pleased to report the results for the nine months ended January 31, 2023. HIGHLIGHTS Total revenues for the nine months ended January 31, 2023 were $2,162,713 compared to $2,144,664 for the same period in 2022; Net loss for the… [Read More]
Melcor REIT announces Q4 and 2022 annual results
EDMONTON, Alberta, March 08, 2023 (GLOBE NEWSWIRE) — Melcor REIT (TSX: MR.UN) today announced results for the fourth quarter and year ended December 31, 2022. Annual rental revenue was steady at $74.11 million. Annual adjusted cash flow from operations (ACFO1) was down 13% to $17.87 million or $0.61 per unit as a result of higher spend… [Read More]
CAPREIT Extracts Development Value From Land Disposition in Montréal
TORONTO, March 06, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the disposition of a parking lot site located in Montréal, Québec, for gross consideration of $17.25 million (excluding disposition costs). The under-utilized land is located adjacent to an existing multi-residential building owned by… [Read More]
RioCan Real Estate Investment Trust completes offering of $200 million Series AG senior unsecured debentures
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, March 06, 2023 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has closed its previously announced offering of $200 million principal amount of Series AG senior unsecured debentures (the “Debentures”). The… [Read More]
Nexus Industrial REIT Enters Into Unsecured Credit Facilities Totalling $375 Million
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]
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