/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Feb. 4, 2016 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that its operating subsidiary, Choice Properties Limited Partnership (the “Partnership”), has provided holders of its 3.00% Series 5 debentures due… [Read More]
Genworth MI Canada Inc. Announces Common Dividend in the First Quarter 2016
TORONTO, Feb. 4, 2016 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.42 per common share for the first quarter of 2016. This dividend will be paid on March 2, 2016, to shareholders of record at the close… [Read More]
Genworth MI Canada Inc. Reports Fourth Quarter 2015 And Full Year Results
Net Premiums Written: $213 million in Q4, up 20% Y/Y; $809 million for 2015, up 26% Y/YLoss Ratio: 23% in Q4, down 3 points Y/Y; 21% for 2015, up one point Y/Y Net Operating Income: $95 million in Q4, up 14% Y/Y; $375 million for 2015, up 3% Y/Y Fully Diluted Operating EPS: $1.03 in… [Read More]
Tricon Announces Date for Year-End 2015 Results Conference Call
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Feb. 4, 2016 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX:TCN), a principal investor and asset manager focused on the residential real estate industry, invites you to participate in its live conference call with senior management in… [Read More]
Morguard Corporation Acquires Toronto Hotel Portfolio for $33.5 Million and Provides Update on Asset Management of Temple Hotels Inc.
MISSISSAUGA, Feb. 4, 2016 /CNW/ – Morguard Corporation (TSX: MRC) (“Morguard”) today announced that it has finalized an agreement to purchase a portfolio of three hotels for $33.5 million, excluding closing costs. The portfolio, located in Toronto and adjacent to Pearson International Airport, includes two hotels under the Marriott banner, Courtyard by Marriott and Residence Inn… [Read More]
Net Asset Value as at January 31, 2016
MONTREAL, Feb. 3, 2016 /CNW Telbec/ – Global Diversified Investment Grade Income Trust II announces an estimated Net Asset Value per unit as at January 31, 2016 of $0.25. This value is equal to the value of the assets less liabilities. The assets consist mainly of cash. About the Trust The Trust provides an economic interest in… [Read More]
Granite REIT Notice of Conference Call for Fourth Quarter and Year-End 2015 Results
TORONTO, Feb. 3, 2016 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the fourth quarter and year-ended December 31, 2015 after the close of markets on Wednesday, March 2, 2016. Granite will hold a conference call on Thursday, March 3, 2016 at 8:30 a.m…. [Read More]
Morguard North American Residential REIT Acquires Ottawa Apartment Building for $67 Million
MISSISSAUGA, ON, Feb. 3, 2016 /CNW/ – Morguard North American Residential REIT (“the REIT”) (TSX: MRG.UN) today announced that it has purchased 160 Chapel Street, a rental apartment building in Ottawa, ON, for $67 million, exclusive of closing costs. The 21-storey, 370 suite property is the first Canadian acquisition for the Trust since its IPO… [Read More]
Empowering Children to Build Stronger Communities across Canada
Genworth Canada Announces Winners of 2015 Meaning of Home Contestin Support of Habitat for Humanity Canada TORONTO, Feb. 3, 2016 /CNW/ – Habitat for Humanity Canada’s Indigenous Housing Program and Habitat for Humanity Heartland Ontario will each receive a $25,000 grant from Genworth Canada towards the build of a new Habitat home, thanks to Grade… [Read More]
InnVest Real Estate Investment Trust announces date of fourth quarter earnings
TORONTO, Feb. 2, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) will release its fourth quarter results on Friday, March 11, 2016 to be followed by a conference call and live audio webcast at 11:00 am Eastern Time. Investors are invited to access the call by dialing 416-764-8688 or 1-888-390-0546. You will be required… [Read More]
RioCan Real Estate Investment Trust Announces Redemption of Cumulative Rate Reset Preferred Trust Units, Series A
TORONTO, ONTARIO–(Marketwired – Feb. 2, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN)(TSX:REI.PR.A) today announced that it will exercise its right to redeem all of its 5 million outstanding Cumulative Rate Reset Preferred Trust Units, Series A (the “Series A Units”) on March 31, 2016 at the cash redemption price of $25.00 per Series… [Read More]
InnVest Real Estate Investment Trust Completes Acquisition of the Ottawa Marriott Hotel
TORONTO, Feb. 1, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest” or the “REIT”) (TSX:INN.UN) announced today it has completed the previously announced acquisition of the Ottawa Marriott Hotel located in downtown Ottawa, Ontario for a purchase price of $115 million or $235,000 per room. The agreements related to the purchase include a limited income… [Read More]