MONTRÃAL, Dec 15, 2015 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) announced today that the monthly cash distribution for the month of December 2015 is $0.035 per unit, representing $0.42 per unit on an annualized basis. The cash distribution will be paid on January 15, 2016 to unitholders of record on December 31, 2015…. [Read More]
Artis Real Estate Investment Trust announces Renewal of Normal Course Issuer Bid and Amendment to Distribution Reinvestment and Unit Purchase Plan
WINNIPEG, Dec. 14, 2015 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) to renew its existing normal course issuer bid (the “Bid”) for a further year and to amend its Distribution Reinvestment and Unit Purchase Plan. NORMAL COURSE… [Read More]
Artis Real Estate Investment Trust Announces Quarterly Cash Distributions
WINNIPEG, Dec. 14, 2015 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.PR.A) (TSX: AX.PR.U) (TSX: AX.PR.E) (“Artis” or “the REIT”) announced that its trustees have declared the following quarterly cash distributions: $0.328125 per Series A preferred unit (“Series A Unit”) of Artis for the quarter ending December 31, 2015. The cash distributions will be… [Read More]
Artis Real Estate Investment Trust Announces Monthly Cash Distribution
WINNIPEG, Dec. 14, 2015 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced that its trustees have declared its regular monthly cash distribution of $0.09 per trust unit (“Unit”) of Artis for the month of December, 2015. The cash distributions will be made on January 15, 2016 to Unitholders of record… [Read More]
CAPREIT Announces December 2015 Distribution
TORONTO, ONTARIO–(Marketwired – Dec. 14, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today its December 2015 monthly distribution in the amount of $0.10167 per Unit (or $1.22 on an annualized basis). The December distribution will be payable on January 15, 2016 to Unitholders of record on December 31, 2015. To… [Read More]
Pure Industrial Real Estate Trust Announces Renewal of Normal Course Issuer Bid
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ VANCOUVER, Dec. 14, 2015 /CNW/ – Pure Industrial Real Estate Trust (“PIRET”) (TSX: AAR.UN) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a normal course issuer bid (the “Bid”). The notice provides… [Read More]
Allied Properties Real Estate Investment Trust Announces Closing of Unsecured Credit Facility
TORONTO, ONTARIO–(Marketwired – Dec. 14, 2015) – Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that it has closed a $150,000,000 bilateral unsecured facility with a Canadian chartered bank for a term of three years and bearing interest at a floating rate of CDOR plus 1.7% per year (the “Term Facility”). The Term Facility is on… [Read More]
Recent Actions by Minister of Finance Aimed at Responsible Homeownership
Genworth Canada Issues Statement in Response to Mortgage Rule Changes Announced Today TORONTO, Dec. 11, 2015 /CNW/ – The Minister of Finance announced today a change to the eligibility rules for new government-backed insured mortgages on properties priced above $500,000. Effective February 15, 2016, the minimum down payment for new insured mortgages will be increased from 5… [Read More]
Pure Multi-Family REIT LP Announces Closing of US$39.1 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Dec. 11, 2015 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) today announced the closing of its previously announced bought deal public offering (the “Offering”) of 7,250,000 Class A units (“Units”), inclusive of 750,000 Units… [Read More]
Holloway Lodging Corp. announces sale of Holiday Inn Express® in Myrtle Beach, SC
/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Dec. 11, 2015 /CNW/ – Holloway Lodging Corporation (TSX: HLC, HLC.DB, HLC.DB.A) (“Holloway”) is pleased to announce that it has sold the Holiday Inn Express® hotel located in Myrtle Beach, South Carolina. The sale price for the hotel was $7.4… [Read More]
Plaza Retail REIT Closes its Purchase of 50% Interest in Previously Announced St. John’s, NL Development Project
â New development project to add up to 700,000 square feet of retail space to the REIT portfolio upon completion (at 100%), providing increased cash flows â FREDERICTON, Dec. 11, 2015 /CNW/ – Plaza Retail REIT (PLZ.UN: TSX) (“Plaza” or the “REIT”) today announced it has closed its purchase of a 50% interest in approximately 100… [Read More]
Pathfinder Income Fund Announces Normal Course Issuer Bid
CALGARY, Dec. 10, 2015 /CNW/ – Pathfinder Income Fund announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”) for its units through the facilities of the TSX. This NCIB will commence on December 14, 2015 and will terminate… [Read More]