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Melcor announces that it has completed allowable purchases under its NCIB

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EDMONTON, Alberta, Dec. 23, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced that is has completed all purchases allowed under its normal course issuer bid (NCIB). The NCIB commenced April 1, 2022 and allowed the purchase and cancellation of up to 1,641,627 common… [Read More]

Melcor REIT announces repayment of 5.25% unsecured convertible debentures

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EDMONTON, Alberta, Dec. 23, 2022 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“the REIT” – TSX: MR.UN) today announced that it will repay in cash the total outstanding principal amount of the 5.25% unsecured convertible debentures, together with all accrued and unpaid interest. The payout of $23.58 million will occur by December 31, 2022… [Read More]

Terra Firma Capital Corporation Announces Review of Strategic Alternatives

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All amounts are stated in United States dollars unless otherwise indicated. TORONTO, Dec. 22, 2022 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), a real estate finance company, today announced that its Board of Directors has initiated a review process to evaluate potential strategic alternatives to maximize shareholder value… [Read More]

Allied Announces Conference Call to Discuss Fourth-Quarter Financial Results

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TORONTO, Dec. 21, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Wednesday, February 1, 2023, to discuss financial results for the quarter ended December 31, 2022. The financial results will be released on Tuesday, January 31, 2023,… [Read More]

StorageVault Announces Issuance of Options

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TORONTO, Dec. 21, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) has granted, subject to regulatory approval, a total of 7,000,000 options to purchase common shares ‎of StorageVault to directors, officers, employees and consultants of StorageVault. The options were ‎issued with an exercise price of $5.94 per common share and an expiry date of… [Read More]

SmartCentres Declares Distribution for December 2022

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TORONTO, Dec. 20, 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 December 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on January… [Read More]

Terra Firma Capital Corporation Declares Quarterly Dividend

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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 20, 2022 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII), a real estate finance company, today announced that its Board of Directors has declared a quarterly cash dividend of CAD$0.06 per common share, payable on January 13, 2023,… [Read More]

FirstService Brands Completes Three Tuck-Under Acquisitions

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Broadens Restoration Geographic Footprint; Adds California Closets Portland TORONTO, Dec. 20, 2022 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) today announced that its FirstService Brands division has recently completed three acquisitions. Terms of the transactions were not disclosed. First Onsite Restoration acquired New Orleans, Louisiana-based Emergency Restoration, Inc. Founded in 2003, the… [Read More]

Timbercreek Financial Declares December 2022 Dividend

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TORONTO, Dec. 19, 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 January 13, 2023 to holders of Common Shares of record on December 30, 2022. The Company also… [Read More]

StorageVault Completes the Purchase of Two Stores and Two Shredding Businesses

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TORONTO, Dec. 16, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that it has completed the acquisition of the two stores announced on October 11, 2022 for $14,160,000 and has also purchased two complementary shredding businesses to its records and information management business, RecordXpress, for $8,750,000 (the “Acquisitions”). The total… [Read More]

ERES REIT Declares December 2022 Monthly Distribution

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