Ranking reflects strength of global brand and platform TORONTO, Feb. 24, 2022 (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 fifth consecutive year. Colliers’ ranking reflects the strength… [Read More]
CAPREIT Reports Another Solid Year in 2021
TORONTO, Feb. 23, 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 and year ended December 31, 2021. HIGHLIGHTS: For the Year Ended December 31, 2021 2020 Portfolio Performance Overall portfolio occupancy (1)… [Read More]
StorageVault Reports Fiscal 2021 Annual Results; Highlighting Exceptional Growth in NOI and FFO, $270.2 Million in Acquisitions; Provides 2022 Outlook; Increases Dividend
TORONTO, Feb. 23, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) today reported the Corporation’s full year 2021 audited results. Iqbal Khan, Chief Financial Officer, commented: “Strong fundamentals combined with the disciplined execution by our team resulted in exceptional same store performance, with 18.4% year over year increase in revenue and… [Read More]
RioCan Real Estate Investment Trust outlines clear ambition and presents five-year growth targets at its 2022 Virtual Investor Day
TORONTO, Feb. 23, 2022 (GLOBE NEWSWIRE) — Today, at its 2022 Virtual Investor Day, RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) will present “Quality & Growth”, its 2022–2026 strategic roadmap with new five-year financial growth targets. “RioCan has a clear strategy to capitalize on our best-in-class properties, embedded development pipeline, and… [Read More]
Parkit completes acquisition of Two Industrial Assets for $17,000,000; Leasing Update and Change in Auditor
TORONTO, Feb. 22, 2022 (GLOBE NEWSWIRE) — Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT), is pleased to announce that, further to its January 4th, 2022 news release, it has completed the acquisition of two industrial assets from two vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $17,000,000, subject to customary… [Read More]
Allied Announces Renewal of Normal Course Issuer Bid
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 June 2, 2021, as amended on November 11, 2021. TORONTO, Feb. 22, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced that it… [Read More]
SmartCentres Declares Distribution for February 2022
TORONTO, Feb. 18, 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 February 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on March… [Read More]
Timbercreek Financial Declares February 2022 Dividend
TORONTO, Feb. 18, 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 March 15, 2022 to holders of Common Shares of record on February 28, 2022. The Company… [Read More]
European Residential REIT Accelerating into 2022 with the Announcement of Strong Year End 2021 Results
TORONTO, Feb. 17, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the year ended December 31, 2021. ERES’s audited consolidated annual financial statements and management’s discussion and analysis (“MD&A”) for the year ended December 31, 2021 can be found at www.eresreit.com or… [Read More]
FirstService Increases Credit Facility to US$1.0 Billion
TORONTO, Feb. 17, 2022 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that it has expanded and extended its revolving credit facility (the “Facility”), on an unsecured basis, for a new five-year term maturing in February 2027. Under the amended Facility, borrowing capacity has been increased to US$1.0 billion and, at… [Read More]
Notice of Timbercreek Financial Q4 2021 Results Conference Call
TORONTO, Feb. 17, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today it will host a conference call to discuss its 2021 fourth quarter on February 24, 2022 at 1:00 p.m. EST. The Company will issue its fourth quarter financial results before market opens on February 24, 2022. Q4 2021 CONFERENCE CALL… [Read More]
Middlefield Completes Mergers of TSX-Listed Funds
TORONTO, Feb. 17, 2022 (GLOBE NEWSWIRE) — Middlefield Group is pleased to announce the successful completion, effective today, of the previously announced mergers of Digital Consumer Dividend Fund (“Digital Consumer”) (TSX: MDC.UN) and Global Real Estate & E-Commerce Dividend Fund (“Real Estate & E-Commerce”) (TSX: GEC.UN) into Global Innovation Dividend Fund (“Innovation”) (TSX: BL.UN), with… [Read More]
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