BROOKFIELD NEWS, March 11, 2022 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (“BAM”) (NYSE: BAM; TSX: BAM.A) and Brookfield Property Partners L.P. (“BPY”) today announced that they have agreed to extend the deadline for the submission of the joint tax election form made available to eligible Canadian unitholders of Brookfield Property Partners (BPY), who participated… [Read More]
Colliers adds leading regional engineering & design firm
Acquisition strengthens scale and capabilities in the fast-growing Southwest market TORONTO and SAN ANTONIO, March 10, 2022 (GLOBE NEWSWIRE) — Leading global professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced that its Colliers Engineering & Design (“CED”) business unit has acquired KFW Engineers & Surveying (“KFW”), a San Antonio-based civil… [Read More]
Brookfield Infrastructure Corporation Completes Annual Filings
BROOKFIELD, NEWS, March 09, 2022 (GLOBE NEWSWIRE) — Brookfield Infrastructure Corporation (NYSE: BIPC; TSX: BIPC) today announced that it has filed its 2021 annual report on Form 20-F (the “Annual Report”), including its audited financial statements for the year ended December 31, 2021, with the SEC on EDGAR as well as with the Canadian securities… [Read More]
Firm Capital Property Trust Announces Acquisition of $37 Million Edmonton Industrial Portfolio
TORONTO, March 08, 2022 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSXV: FCD.UN) is pleased to announce the acquisition of a 50% interest in six multi-tenant industrial properties located in Edmonton, Alberta (the “Edmonton Industrial Portfolio” or the “Property”). The acquisition price for 100% of the Property is approximately $36.5 million,… [Read More]
Nexus Industrial REIT Announces Q4 2021 Results Date and Completion of Name Change
TORONTO and MONTREAL, March 07, 2022 (GLOBE NEWSWIRE) — Nexus Industrial REIT (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today that it intends to release its financial results for the year ended December 31, 2021 before the opening of the TSX on Wednesday March 16, 2022. Management of the REIT will host a conference call at… [Read More]
CAPREIT Acquires Luxury Six-Building Québec Portfolio
TORONTO, March 07, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of a six-property luxury portfolio of modern, recently-constructed apartment buildings in Montréal, Laval, Côte Saint-Luc and Saint Hyacinthe, Québec. The portfolio totals 516 residential suites including 44 bachelor, 236 one-bedroom, 211… [Read More]
Colliers discontinues operations in Russia and Belarus
TORONTO, March 07, 2022 (GLOBE NEWSWIRE) — Colliers stands with the people of Ukraine, an independent country, and strongly condemns the invasion by the Russian military. These actions are indefensible and in complete contrast to the principles of democracy and freedom. We fully support all appropriate sanctions enacted by the international community and, in response… [Read More]
Colliers expands to Cincinnati and Cleveland, Ohio
Adds another market-leading operation in four key Midwestern markets TORONTO and CINCINNATI, March 07, 2022 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced the acquisition of Colliers Greater Cincinnati and Colliers Cleveland (“Colliers | Greater Cincinnati – Dayton” and “Colliers | Cleveland – Akron”), which… [Read More]
Allied to Expand Operating Capability in Montréal, Toronto and Vancouver
Enters into Agreement with Choice Properties to Acquire Urban Office Portfolio for $794 Million and to Issue Exchangeable LP Units at NAV per Unit for 75% of Purchase Price 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… [Read More]
Melcor REIT announces Q4 and 2021 annual results, declares $0.04 distribution for March 2022
Annual Highlights(1) Rental revenue was steady at $74.09 million Net rental income grew 1% to $43.75 million Adjusted cash flow from operations (ACFO) grew 11% to $20.59 million or $0.71 per unit Debt to Gross Book Value (GBV) ratio of 49% (58% including convertible debentures) Distributions of $0.45 per unit paid out for an ACFO… [Read More]
Unitholders Approve Resolutions at Special Meetings
TORONTO, March 01, 2022 (GLOBE NEWSWIRE) — Middlefield Group is pleased to announce that special meetings of unitholders of Global Innovation Dividend Fund (the “Innovation Fund”) (TSX: BL.UN), Sustainable Infrastructure Dividend Fund (the “Sustainable Infrastructure Fund”) (TSX: INF.UN), Global Dividend Growers Income Fund (together with the Innovation Fund and the Sustainable Infrastructure Fund, the “Converting… [Read More]
Timbercreek Financial Announces 2021 Fourth Quarter Results
TORONTO, Feb. 24, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and year ended December 31, 2021 (“Q4 2021”). Q4 2021 Highlights1 Q4 2021 results reflect high funding volumes from a strong pipeline of opportunities. The Company funded $335.6 million on new and existing… [Read More]
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