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ERES REIT Declares August 2022 Monthly Distribution

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TORONTO, Aug. 15, 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 August 2022 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “August Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]

SmartCentres Real Estate Investment Trust Releases Second Quarter Results for 2022

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Received zoning approvals for over 3.8 million square feet of residential development in the second quarter on 3 projects in the Greater Toronto Area, including Vaughan, Scarborough, and Pickering; In excess of 3.0 million square feet of construction activity is currently underway, principally on high rise residential projects in Toronto, Montreal, and Ottawa; Shopping centre… [Read More]

Melcor Developments announces second quarter results, declares quarterly dividend of $0.15 per share

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EDMONTON, Alberta, Aug. 11, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2022. Revenue was down 4% to $104.35 million year-to-date and down 22% in the quarter as a result of the cyclical nature… [Read More]

Timbercreek Financial Announces 2022 Second Quarter Results

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TORONTO, Aug. 11, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and six months ended June 30, 2022 (“Q2 2022”). Q2 2022 Highlights1 Q2 2022 results reflect healthy funding volumes and lower repayments. The Company executed on net new mortgage fundings of $150.8 million,… [Read More]

ERES Announces Appointment of Jenny Chou as Chief Financial Officer

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TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES”) and Canadian Apartment Properties Real Estate Investment Trust (TSX: CAR.UN, “CAPREIT”) are pleased to announce the appointment of Ms. Jenny Chou as Chief Financial Officer, replacing Mr. Stephen Co, effective August 11, 2022. Ms. Chou has been with CAPREIT since… [Read More]

CAPREIT Announces Appointment of Chief Financial Officer

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TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) is pleased to announce the appointment of Stephen Co as Chief Financial Officer, effective August 11, 2022. Mr. Co has been with CAPREIT since 2011 and was appointed Interim Chief Financial Officer, effective April 1, 2022. Prior to his… [Read More]

CAPREIT Reports Continued Growth & Strong Operating Performance in Second Quarter of 2022

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TORONTO, Aug. 10, 2022 (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 and six months ended June 30, 2022. Management will host a conference call to discuss the financial results on Thursday, August 11, 2022 at 9:00… [Read More]

Northview Fund Announces Q2 2022 Financial Results, Occupancy and AMR Gains With NOI Growth of 3.6%

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Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Aug. 04, 2022 (GLOBE NEWSWIRE) — Northview Fund (“Northview” or the “Fund”) (NHF.UN – TSX), today announced financial results for the three and six months ended June 30, 2022. All amounts in this news release are in thousands of… [Read More]

StorageVault partners with Pickups app to offer on-demand last mile delivery

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TORONTO, Aug. 04, 2022 (GLOBE NEWSWIRE) — The last-mile delivery space is continuously evolving and FlexSpace Logistics, a StorageVault (SVI-TSX) brand, is proud to be at the forefront of that evolution. FlexSpace has entered into a partnership with Pickups, investing in Canada’s most innovative on-demand last-mile delivery platform. By incorporating Pickup’s disruptive technology, FlexSpace will… [Read More]

European Residential REIT Exceeding Expectations with Second Quarter 2022 Results

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TORONTO, Aug. 03, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three and six months ended June 30, 2022. ERES’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three and six months ended June 30,… [Read More]