TORONTO, ONTARIO–(Marketwired – Dec. 9, 2015) – Allied Properties REIT (TSX:AP.UN) today announced that its Trustees have approved an increase in monthly cash distributions from $0.1216 per unit ($1.46 per unit annualized) to $0.125 per unit ($1.50 per unit annualized). The increased monthly distribution will commence on January 15, 2016, payable to unitholders of record… [Read More]
Temple Hotels Inc. Announces December 2015 Quarterly Dividend
WINNIPEG, Dec. 9, 2015 /CNW/ – Temple Hotels Inc. (“Temple”) (TSX: TPH) announced today that it has declared a dividend in the amount of $0.025 per share for the quarter ended December 31, 2015. Payment will be made on January 15, 2016 to the shareholders of record at the close of business on December 31, 2015…. [Read More]
ACTIVEnergy Income Fund Announces Normal Course Issuer Bid
CALGARY, Dec. 9, 2015 /CNW/ – ACTIVEnergy 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 12, 2015 and will terminate… [Read More]
Mainstreet Equity Corp. Reports Five Straight Years of Double-Digit Growth in Key Metrics
CALGARY, Dec. 9, 2015 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or “The Corporation”) is pleased to report its year-end figures which show a landmark achievement of five consecutive years of annual double-digit growth in funds from operations (“FFO”) and net operating income (“NOI”). In ï¬scal year 2015, pre-tax FFO from continuing operations was up 24%. NOI… [Read More]
Empire Company Reports Fiscal 2016 Second Quarter Results
STELLARTON, NS, Dec. 8, 2015 /CNW/ – Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) today announced financial results for its second quarter ended October 31, 2015. In the second quarter, the Company recorded adjusted net earnings, net of non-controlling interest, of $110.7 million ($0.40 per diluted share) compared to $126.6 million ($0.46 per… [Read More]
Pure Multi-Family REIT LP announces it has entered into an agreement to sell Windsong Apartments for US$22.0 million
VANCOUVER, Dec. 8, 2015 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi“) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) today announced that it has entered into an agreement to sell Windsong Apartments (“Windsong“), located in Dallas, Texas, for gross proceeds of US$22.0 million. The sale is expected to close on or around December 28, 2015. Windsong… [Read More]
OneCap Investment Corporation announces reimbursement of all costs as per agreement with 8432155 Canada Inc.
MONTREAL, Dec. 8, 2015 /CNW Telbec/ – OneCap Investment Corporation (TSXV:OIC.H) (“OneCap“), a capital pool company as defined under Policy 2.4 â Capital Pool Companies of the TSX Venture Exchange (the “Exchange“) announced on August 28, 2015 the cancellation of its proposed qualifying transaction to acquire of a 50% interest in the MTS Data Centre Project… [Read More]
Killam Properties Inc. Receives Shareholder Approval to Convert to Killam Apartment REIT
HALIFAX, NOVA SCOTIA–(Marketwired – Dec. 8, 2015) – Killam Properties Inc. (TSX:KMP) (“Killam”) is pleased to announce that is has received shareholder approval of its plan of arrangement (the “Arrangement”) to convert Killam from a corporation to a real estate investment trust (“REIT”) to be named Killam Apartment REIT. Approval was received at a special… [Read More]
Morguard Corporation Increases Ownership Position in Morguard Real Estate Investment Trust
MISSISSAUGA, ON, Dec. 8, 2015 /CNW/ – Morguard Corporation (“Morguard“) (TSX: MRC) announced today that it has acquired 1,332,873 units (the “Units“) of Morguard Real Estate Investment Trust (TSX: MRT.UN) (“Morguard REIT“) through the facilities of the Toronto Stock Exchange and/or alternative Canadian trading systems between May 11 and December 7, 2015 at a weighted average… [Read More]
Brookfield Real Estate Services Inc. Announces Acquisition of Franchise Agreements
TORONTO, Dec. 8, 2015 /CNW/ – Brookfield Real Estate Services Inc. (the “Company”) (TSX: BRE) announced today that it has approved the acquisition of certain franchise agreements from Brookfield Real Estate Services Manager Limited (“the Manager”). Acquisition of Franchise AgreementsUnder the Royal LePage and Via Capitale brands, the Company will purchase franchise agreements representing 33… [Read More]
American Hotel Income Properties REIT LP announces the addition of 24 guestrooms at the recently built high occupancy Oak Tree Inn Hotel in Glendive, Montana
VANCOUVER, Dec. 8, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the completion of its previously announced 24-room expansion at the existing, high occupancy, 50-room Oak Tree Inn hotel and Penny’s Diner located in Glendive, Montana (the “Glendive Property“) for a total purchase price of US$2.8 million…. [Read More]
Dream Office REIT Launches Tree of Dreams Campaign
TORONTO, ONTARIO–(Marketwired – Dec. 7, 2015) – DREAM OFFICE REIT (TSX:D.UN) has proudly launched its Tree of Dreams campaign in some of its office buildings in major Canadian cities. The holiday campaign provides tenants of those buildings the opportunity to buy a gift for a senior in need who lives in their community. In partnership… [Read More]