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]
Colliers recognized among top three commercial real estate brands by Lipsey survey
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]
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