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ERES REIT Declares February 2022 Monthly Distribution

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TORONTO, Feb. 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 February 2022 monthly cash distribution of €0.00917 per Unit and Class B LP Unit (the “February Distribution”), being equivalent to €0.110 per Unit annualized. The distribution will… [Read More]

Firm Capital Property Trust Announces Closing of the Previously Announced Acquisition of 135 Unit Multi-Residential Building for $55.0 Million

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TORONTO, Feb. 14, 2022 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of the previously announced acquisition of one multi-residential building consisting of 135 units located in Pointe Claire, Quebec (the “Property”) for approximately $55.0 million, excluding transaction costs. Completed in 2021, this condominium… [Read More]

SmartCentres 2021 Fourth Quarter and Year-End Results and Conference Call

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TORONTO, Feb. 14, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) announced today that it will issue its financial results for the three months and year ending December 31, 2021 on Tuesday, February 15, 2022. SmartCentres will hold a conference call on Wednesday, February 16, 2022 at 11:00… [Read More]

FirstService Declares 11% Increase to Quarterly Cash Dividend

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TORONTO, Feb. 14, 2022 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.1825 per Common Share and declared a quarterly dividend of US$0.2025 per Common… [Read More]

Colliers Reports Very Strong Fourth Quarter Results

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Growth across all services, geographies drives full year revenue to exceed $4 billion milestone   Fourth quarter and full year operating highlights:   Three months ended   Twelve months ended   December 31   December 31 (in millions of US$, except EPS)   2021     2020     2021     2020    … [Read More]

RioCan's 2021 Results Reflect Quality of Portfolio and Tenants 

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Net income of $598.4 million and FFO per unit 1 of $1.60 Distribution increase of 6.25% to $1.02 per unit annually effective February 2022 TORONTO, Feb. 09, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) announced today its financial results for the three months and year ended December 31, 2021 (the… [Read More]

Colliers names Poonam Puri to its Board of Directors

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New Board member adds expertise in corporate governance, strategy and ESG TORONTO, Feb. 09, 2022 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) announced the appointment of Poonam Puri to its Board of Directors. Puri is a tenured law professor and former associate dean at Osgoode Hall… [Read More]

Firm Capital Apartment REIT Announces Acquisition of Controlling Interest in Houston, Texas Joint Venture and 4.2% Distribution Increase

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All amounts are in US Dollars unless otherwise stated.TORONTO, Feb. 08, 2022 (GLOBE NEWSWIRE) — Firm Capital Apartment REIT (the “Trust”), (TSXV: FCA.U), (TSXV: FCA) is pleased to announce the acquisition of the 50% interest that it does not already own from its unrelated third-party partner in the Trust’s Equity Accounted Investment located in Houston, Texas for $4.1… [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, Feb. 08, 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]

Slate Office REIT Completes Acquisition of C$254.8 Million Irish Entity That Owns a Portfolio of Office, Life Sciences and Lite-Industrial Real Estate in Ireland

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Feb. 07, 2022 (GLOBE NEWSWIRE) — Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of office real estate, announces today that the Scheme of Arrangement1 in respect of the REIT’s Firm Offer2 to acquire all of… [Read More]

Melcor REIT announces new leases comprising over 40,000 sf

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EDMONTON, Alberta, Feb. 04, 2022 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“the REIT” – TSX: MR.UN) today announced that it has entered into leases with two tenants for over 40,000 sf in two properties. Andrew Melton, CEO of the REIT, commented: “Our practice is to intentionally fill vacancies with strategic, diversified tenants that… [Read More]