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CAPREIT Announces Strategic Disposition of East York Property and Acquisition of Two High-Quality New-Build Properties

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TORONTO, Aug. 03, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has entered into an agreement to dispose of a property located in East York, Ontario. The property, which was built in 1974, is comprised of 253 residential units and will be sold for consideration of… [Read More]

Colliers Reports Strong Second Quarter Results

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Investment Management continues to scale, further increasing recurring earnings Second quarter operating highlights:   Three months ended   Six months ended   June 30   June 30 (in millions of US$, except EPS)   2022     2021     2022     2021                      … [Read More]

Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units

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All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 02, 2022 (GLOBE NEWSWIRE) — Brookfield Property Partners (“BPY” or the “Partnership”) announced today that the Board of Directors has declared quarterly distributions on the Partnership’s Class A Nasdaq-listed BPYPP, BPYPO, BPYPN and BPYPM (TSX: BPYP.PR.A) preferred units of $0.40625 per unit,… [Read More]

Colliers acquires leading Australian engineering services firm

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Colliers Engineering & Design expands capabilities internationally TORONTO and SYDNEY, Australia, Aug. 02, 2022 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today it has acquired a controlling interest in PEAKURBAN Pty Limited (“PEAKURBAN”), one of the fastest growing engineering companies in Australia. The PEAKURBAN senior leadership… [Read More]

Allied Announces Second-Quarter Results

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TORONTO, July 27, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its second quarter ended June 30, 2022. “Allied’s second-quarter operations were strong. Average in-place net rent per occupied square foot rose to $25.29, up 4.1% from the comparable quarter last year and 0.6% from the prior… [Read More]

StorageVault Reports 2022 Second Quarter Results and Increases Dividend

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TORONTO, July 27, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2022 second quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “Our continuing attention to and execution on the fundamentals of our business has resulted in another excellent quarter with same store NOI growth… [Read More]

Melcor REIT announces second quarter 2022 results

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EDMONTON, Alberta, July 26, 2022 (GLOBE NEWSWIRE) — Melcor REIT (TSX: MR.UN) today announced results for the second quarter ended June 30, 2022. Rental revenue was up 1% in the quarter at $18.15 million and down 1% at $37.12 million year-to-date. NOI was down 2% in the quarter at $11.39 million and down 4% year-to-date at… [Read More]

SmartCentres Declares Distribution for July 2022

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TORONTO, July 22, 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 July 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on August… [Read More]

Timbercreek Financial Declares July 2022 Dividend

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TORONTO, July 21, 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 August 15, 2022 to holders of Common Shares of record on July 29, 2022. The Company also… [Read More]