/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, March 1, 2016 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) announces the successful closing of two previously announced multi-family apartment communities, located in San Antonio, Texas (collectively the “TPC Portfolio”), for a combined… [Read More]
Allied Properties REIT Announces Fourth-Quarter Results and Continuing Leasing Momentum
TORONTO, ONTARIO–(Marketwired – March 1, 2016) – Allied Properties REIT (TSX:AP.UN) today announced results for its fourth quarter ended December 31, 2015. “2015 finished as expected with leasing momentum continuing unabated into 2016,” said Michael Emory, President & CEO. “Allied’s outlook for this year is underpinned in large part by ongoing leasing activity that reflects… [Read More]
Artis Releases 2015 Annual Results: Reports Strong FFO Per Unit Growth of 7.7%; FFO Payout Ratio Improves to 72.5%
WINNIPEG, Feb. 29, 2016 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or the “REIT”) issued its financial results and achievements for the three and twelve months ended December 31, 2015. All amounts are in thousands of Canadian dollars and are inclusive of Artis’ ownership in investments in joint ventures on a proportionate share… [Read More]
Home ownership in Canada remains affordable … for buyers outside Vancouver or Toronto: RBC Economics Q4 2015
It has never been so unaffordable to own a single-detached home in the Vancouver area Toronto is seeing rapid deterioration in affordability, particularly for single-detached homes Affordability in the majority of other Canadian markets is improved or stable TORONTO, Feb. 29, 2016 /CNW/ – Housing affordability generally remained stable across Canada in the fourth quarter… [Read More]
MCAN Mortgage Corporation Reports 33% Increase in Fourth Quarter Earnings and Record Annual Net Income
Stock market symbol TSX: MKP TORONTO, Feb. 26, 2016 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported strong earnings today for both the fourth quarter and fiscal year of 2015. Highlights Q4 Net Income Net income was $9.5 million in Q4 2015, up 33% from $7.1 million in Q4 2014 due to higher… [Read More]
Dream Office Real Estate Investment Trust Announces Redemption of Series H Debentures on March 31, 2016
TORONTO, ONTARIO–(Marketwired – Feb. 26, 2016) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES DREAM OFFICE REAL ESTATE INVESTMENT (TSX:D.UN) or (“Dream Office REIT”) today announced that it will redeem all of its outstanding 5.50% Series H Convertible Unsecured Subordinated Debentures (the “Debentures“) on March 31, 2016 (the… [Read More]
Morguard Corporation Announces Strong 2015 Results and Regular Eligible Dividend
MISSISSAUGA, ON, Feb. 26, 2016 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the year ended December 31, 2015. Operational Highlights: Acquisition of a garden-style property comprising 252 suites located in Cooper City, Florida for a purchase price of $73.9 million (US$56.0 million). Continued development of the Marquee… [Read More]
Temple Hotels Inc. Announces Renewal of Normal Course Issuer Bids for Debentures
WINNIPEG, Feb. 26, 2016 /CNW/ – Temple Hotels Inc. (“Temple“) today announced that it has received approval from the Toronto Stock Exchange (“TSX“) with respect to normal course issuer bids (the “NCIBs“) to purchase: (a) up to $2,192,200 aggregate principal amount of Series C convertible redeemable debentures (the “Series C Debentures“) (TPH.DB.C); (b) up to $3,313,700… [Read More]
Temple Hotels Inc. reports 2015 financial results
WINNIPEG, Feb. 25, 2016 /CNW/ – Temple Hotels Inc. (“Temple”) (TSX: TPH) today reported its financial results for the year ended December 31, 2015. The following comments in regard to the financial position and operating results of Temple should be read in conjunction with Management’s Discussion & Analysis and the financial statements for the year… [Read More]
Firm Capital Property Trust announces over 99% of 2015 distributions are tax deferred
TORONTO, Feb. 25, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that its distributions for the year ended December 31, 2015 are 99.6% non-taxable predominately in the form of return of capital. A detailed breakdown of the tax status of the distributions can be found at… [Read More]
Plaza Retail REIT Announces Annual Growth of 7.1% in FFO per Unit
– Revenue growth drives FFO and AFFO per unit growth of 7.1% and 6.7%, respectively FREDERICTON, Feb. 25, 2016 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced strong financial results for the year ended December 31, 2015. Michael Zakuta, President and CEO said, “We are very pleased with our financial results… [Read More]
NorthWest Healthcare Properties REIT Provides Update on Vital Healthcare Property Trust’s Strong Half Year Results
TORONTO, Feb. 25, 2016 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) is pleased to announce financial results from NSX-listed Vital Healthcare Property Trust (“Vital Trust”) for the interim six month period ended December 31, 2015, released on February 24, 2016 in New Zealand. The REIT owns an approximate 24%… [Read More]