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]
Brookfield Real Estate Services Inc. Announces Increase in Targeted Annual Distribution and Declares Monthly Dividend
TORONTO, Dec. 10, 2015 /CNW/ – Brookfield Real Estate Services Inc. (the “Company”) (TSX: BRE), a leading provider of services to residential real estate brokers and their REALTORS®1 today announced that the Board of Directors has increased the Company’s targeted annual cash dividend per restricted voting share to $1.30 per annum ($0.1083 monthly) from $1.25 per… [Read More]
Allied Properties Real Estate Investment Trust Announces Distribution Increase for 2016
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]