TORONTO, Dec. 1, 2015 /CNW/ – WPT Industrial Real Estate Investment Trust (TSX:WIR.U) (the “REIT“) announced today that it has been advised by Welsh Property Trust, LLC, the external asset manager and property manager of the REIT (“Welsh“), that the note issued by Welsh to Almanac Realty Investors, LLC previously maturing on November 30, 2015… [Read More]
BTB announces the sale of two commercial properties
MONTRÃAL, Dec. 1, 2015 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“) announces the sale of two commercial properties located at 100 de Montarville, Boucherville and at 1400 Marie-Victorin, St-Bruno-de-Montarville in the province of Québec for total proceeds of $7.6 million. The net proceeds will be mainly allocated to the partial repayment of… [Read More]
Urbanfund Corp. Reports Financial Results for the Three and Nine Month Periods Ended September 30, 2015
TORONTO, ONTARIO–(Marketwired – Nov. 30, 2015) – Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (the “Company”), confirmed today that the Company has filed financial results for the three and nine month periods ended September 30, 2015 (the “Financial Statements”). For the three month period ended September 30, 2015, the Company… [Read More]
Tricon Capital Group Completes Redemption of 6.375% Convertible Unsecured Subordinated Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Nov. 30, 2015 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”, TSX:TCN), a principal investor and asset manager focused on the residential real estate industry, announced today that it has completed the previously announced redemption (the “Redemption”) of its… [Read More]
Morguard Real Estate Investment Trust Declares December 2015 Distribution of 8 Cents per Unit
MISSISSAUGA, ON, Nov. 30, 2015 /CNW/ – Morguard Real Estate Investment Trust (the “Trust”) (TSX: MRT.UN) today announced that it has declared a distribution of 8 cents per unit for the month of December, 2015. The distribution will be payable on December 31, 2015 to unitholders of record as at December 15, 2015. About Morguard… [Read More]
Killam Properties Inc. Reminds Shareholders to Vote In Favour of the Proposed REIT Conversion and Enhances Governance Policies
HALIFAX, NOVA SCOTIA–(Marketwired – Nov. 30, 2015) – Killam Properties Inc. (TSX:KMP) (“Killam”) reminds shareholders to vote for the proposed plan of arrangement (the “Arrangement“) to convert Killam from a corporation to a real estate investment trust (“REIT“). Killam’s board of directors has unanimously voted in favour of the Arrangement and encourages its shareholders to… [Read More]
Zaio Corporation Announces Q3 2015 Financial Results
CALGARY, Nov. 27, 2015 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”), today announced its third quarter (Q3) financial results for the three and nine month periods ended September 30, 2015. “During the quarter, we successfully integrated the operations of Valuation Vision into Zaio, focusing on selling our BPO family of products to… [Read More]
Nobel REIT announces filing of results for the quarter ended September 30, 2015
MONTREAL, Nov. 27, 2015 /CNW Telbec/ – (TSXV: NEL.UN) The Nobel Real Estate Investment Trust (« Nobel REIT ») announces the filing of its interim consolidated financial statements and its management discussion and analysis report for the quarter ended September 30, 2015. According to the President and Chief Executive of Nobel REIT, Jean Teasdale, “Nobel REIT… [Read More]
InterRent Announces $21.6 Million Acquisition in Montreal, Quebec and $8.7 Million Disposition in Brampton, Ontario
OTTAWA, ONTARIO–(Marketwired – Nov. 27, 2015) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent”) announced today that it has entered into an unconditional agreement to acquire a property in Le Plateau-Mont-Royal (Montreal). The property consists of 127 suites along with… [Read More]
Halmont Properties Corporation Third Quarter Results
TORONTO, ONTARIO–(Marketwired – Nov. 26, 2015) – HALMONT PROPERTIES CORPORATION (TSX VENTURE:HMT) announced today that the net income to common shareholders for the nine months ended September 30, 2015 was $0.88 million as compared to net income of $0.75 million for the nine months ended September 30, 2014. Nine months ended (in millions) September 30,… [Read More]
Gulf & Pacific Equities Corp. Reports on Third Quarter Results With Revenue of $1,095,473
TORONTO, ONTARIO–(Marketwired – Nov. 26, 2015) – NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISTRIBUTION INTO THE UNITED STATES Gulf & Pacific Equities Corp. (TSX VENTURE:GUF) an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, reports a 55.3% increase in revenues to $1,095,473 in the… [Read More]
More than a third of Canadian homeowners find housing in their area unaffordable, Manulife Bank of Canada Debt Survey Shows
Two in three homeowners expect housing prices to increase in the next year Nearly four in ten homeowners didn’t have enough money in the bank to cover household expenses at least once in the past year Almost 75 per cent feel prepared to deal with an unexpected household expense, yet average amount in emergency fund… [Read More]