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CAPREIT Reports Continued Solid Performance in First Quarter of 2022

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TORONTO, May 16, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three months ended March 31, 2022. HIGHLIGHTS: For the Three Months Ended March 31,   2022       2021   Portfolio Performance     Overall portfolio occupancy… [Read More]

Allied Announces May 2022 Distribution

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TORONTO, May 16, 2022 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1458 per unit for the month of May 2022, representing $1.75 per unit on an annualized basis. The distribution will be payable on June 15, 2022, to unitholders of record as… [Read More]

ERES REIT Declares May 2022 Monthly Distribution

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TORONTO, May 16, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the May 2022 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “May Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]

Nexus Industrial REIT Announces Q1 2022 Results and Annual Meeting Voting Results

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TORONTO and MONTREAL, May 12, 2022 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the quarter ended March 31, 2022. Highlights Completed $236.4 million of industrial property acquisitions during Q1 2022, increasing NOI from industrial properties to approximately 84.4% of NOI for the quarter. To partially fund the… [Read More]

StorageVault to Acquire 7 Storage Locations for $171.6 Million

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TORONTO, May 12, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) has agreed to acquire 7 stores from seven vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $171,600,000, subject to customary adjustments (the “Acquisitions”). Six of the Acquisitions are arm’s length and one, totaling $14,000,000, is a related party acquisition (the… [Read More]

Northview Fund Announces Q1 2022 Financial Results

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Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, May 12, 2022 (GLOBE NEWSWIRE) — Northview Fund (“Northview” or the “Fund”) (NHF.UN – TSX), today announced financial results for the three months ended March 31, 2022. All amounts in this news release are in thousands of Canadian dollars… [Read More]

SmartCentres Real Estate Investment Trust Releases First Quarter Results for 2022

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Substantive improvement in retail leasing momentum across the portfolio with growth from both existing and new tenants; FFO per Unit(1) for Q1 2022 increased by $0.02 or 4.1% as compared to the same period in 2021; Progress in zoning approvals on strategic projects, together with improved market conditions, contributed to $237.7 million in incremental property… [Read More]

Melcor REIT announces Change of Debenture Trustee

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, May 10, 2022 (GLOBE NEWSWIRE) — NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today that effective immediately, Odyssey Trust Company has replaced AST Trust Company… [Read More]

SmartCentres 2022 First Quarter Results and Conference Call

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TORONTO, May 10, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) announced today that it will issue its financial results for the three months ending March 31, 2022 on Wednesday, May 11, 2022. SmartCentres will hold a conference call on Thursday, May 12, 2022 at 3:30 p.m. (ET)…. [Read More]

FirstService Declares Quarterly Cash Dividend on Common Shares

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TORONTO, May 10, 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 July 7, 2022 to holders of Common Shares of record at the close… [Read More]

Timbercreek Financial Announces 2022 First Quarter Results

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TORONTO, May 10, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months ended March 31, 2022 (“Q1 2022”). Q1 2022 Highlights1 Q1 2022 results reflect high funding volumes from a strong pipeline of opportunities. The Company executed on net new mortgage fundings of $210.5 million,… [Read More]