EDMONTON, Alberta , Feb. 01, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the appointment of Janet Riopel, ICD.D to its Board of Directors, effective February 1, 2022. Ms. Riopel brings extensive board experience in private, public, and non-profit sectors. She is the… [Read More]
Allied Announces Fourth-Quarter and Year-End Results
TORONTO, Feb. 01, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its fourth quarter and year ended December 31, 2021. “2021 was a strong year operationally and financially for Allied,” said Michael Emory, President & CEO. “FFO per unit came in at $2.405 and AFFO per… [Read More]
ERES REIT Commences 2022 Growth With €65MM in Acquisitions in The Netherlands
TORONTO, Jan. 31, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has completed the acquisition of 45 residential suites, 3 commercial units and 26 parking spaces located in Rijswijk, the Netherlands (the “De Generaal 2 Property”), and has also entered into an agreement to… [Read More]
Slate Office REIT Announces High Court Approval to Acquire C$254.8 Million Irish Entity That Owns a Portfolio of Office, Life Sciences and Lite-Industrial Real Estate in Ireland
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 27, 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]
RioCan Real Estate Investment Trust To Host 2022 Virtual Investor Day on February 23, 2022
TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) announced that it will host its 2022 Virtual Investor Day on Wednesday, February 23, 2022 at 1:00 PM ET. President and Chief Executive Officer, Jonathan Gitlin, and members of RioCan’s leadership team will discuss RioCan’s current operations, recent developments, and… [Read More]
StorageVault Announces Graduation to the Toronto Stock Exchange
TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that, further to its December 8, 2021 news release, StorageVault’s common shares, its 5.75% senior unsecured hybrid debentures and its 5.50% senior unsecured hybrid debentures will be listed and commence trading on the Toronto Stock Exchange (the “TSX”) at… [Read More]
CAPREIT Expands Presence in Strong British Columbia Market
TORONTO, Jan. 25, 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-storey 59-suite apartment and townhouse property located in downtown Kelowna, British Columbia. The property, completed in the spring of 2021, was acquired for $29.5 million, funded by CAPREIT’s Acquisition… [Read More]
Nexus REIT Announces January and February Distributions
TORONTO and MONTREAL, Jan. 24, 2022 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today the declaration of the January and February 2022 distributions. The REIT will make a cash distribution in the amount of $0.05333 per unit, representing $0.64 per unit on an annualized basis, payable February… [Read More]
SmartCentres Declares Distribution for January 2022
TORONTO, Jan. 24, 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 January 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on February… [Read More]
StorageVault Completes the Purchase of Storage Asset for $45 Million
TORONTO, Jan. 24, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its January 18, 2022 news release, it has completed the acquisition of one store in Toronto, Ontario (the “Acquisition”) for $45,000,000. The Acquisition is a related party acquisition as Access Self Storage Inc. (“Access”) was one… [Read More]
Timbercreek Financial Declares January 2022 Dividend
TORONTO, Jan. 24, 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 February 15, 2022 to holders of Common Shares of record on January 31, 2022. The Company… [Read More]
Urbanfund Corp. Announces Closing of a Joint Venture to Acquire 40% Interest in Etobicoke Industrial Complex
TORONTO, Jan. 24, 2022 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX Venture: “UFC”) (“Urbanfund” or, the “Company”), announced today that Urbanfund formed a joint venture, which acquired an industrial complex located at 67-69 Westmore Drive in Etobicoke, Ontario near the intersection of Highway 27 and Finch Avenue West…. [Read More]
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