TORONTO, ONTARIO–(Marketwired – Aug. 4, 2015) – This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its financial results for the three and six months ended June 30, 2015…. [Read More]
DIRTT Announces Results for Q2 2015 and Appointment of New Director
CALGARY, ALBERTA–(Marketwired – Aug. 4, 2015) – DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX:DRT), a leading technology-enabled designer, manufacturer and installer of fully customized, prefabricated interiors, today announced its financial results for the three- and six-month periods ended June 30, 2015 and changes to its board of directors (“Board”). This news release contains… [Read More]
Allied Properties REIT Announces Acquisition in Toronto's Downtown West
TORONTO, ONTARIO–(Marketwired – Aug. 4, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that it has entered into an agreement to acquire the retail and office component of 560 King Street West in Toronto for $28 million. The purchase is expected to close on August 19, 2015, subject to customary conditions. “This property will extend… [Read More]
Allied Properties REIT Announces Joint Venture with Westbank in Toronto's Downtown West
TORONTO, ONTARIO–(Marketwired – Aug. 4, 2015) – Allied Properties REIT (TSX:AP.UN) announced today that it has established a joint-venture arrangement with Westbank (the “King & Spadina JV”) to redevelop 489-539 King Street West in Toronto (the “Property”). Allied will retain full ownership of the existing buildings on 511-529 King West (the “Heritage Component”) and sell… [Read More]
Allied Properties REIT Announces Strong Second-Quarter Results
TORONTO, ONTARIO–(Marketwired – Aug. 4, 2015) – Allied Properties REIT (TSX:AP.UN) today announced results for its second quarter ended June 30, 2015. The results are summarized below: THREE MONTHS ENDED JUNE 30, JUNE 30, (In thousands except for per unit and % amounts) 2015 2014 CHANGE % CHANGE Investment properties 4,008,398 3,456,310 552,088 16.0 %… [Read More]
Pure Multi-Family REIT LP Announces it has Entered Into an Agreement to Sell Oakchase Apartment Homes for US$17.85 Million
VANCOUVER, Aug. 4, 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 Oakchase Apartment Homes (“Oakchase“), located in Arlington, Texas, a submarket of Dallas-Fort Worth, for gross proceeds of US$17.85 million. The sale is expected to close on… [Read More]
Genworth MI Canada Inc. Announces Common Dividend in the Third Quarter 2015
TORONTO, Aug. 4, 2015 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.39 per common share for the third quarter of 2015. This dividend will be paid on August 31, 2015, to shareholders of record at the… [Read More]
Genworth MI Canada Inc. Reports Second Quarter 2015
Premiums Written: $205 million, up 28% Y/YLoss Ratio: 17%, down 5 points Q/QNet Operating Income: $92 millionFully Diluted Operating EPS: $0.99 TORONTO, Aug. 4, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today reported second quarter 2015 net income of $103 million or $1.12 earnings per diluted common share, and net operating… [Read More]
Morguard North American Residential REIT Announces 2015 Second Quarter Results
MISSISSAUGA, ON, Aug. 4, 2015 /CNW/ – Morguard North American Residential REIT (the ‘REIT”) (TSX: MRG.UN) today announced its financial results for the three and six months ended June 30, 2015. All amounts in CAD thousands, except suites and per unit amounts, unless otherwise noted. Highlights The REIT is reporting performance of: Adjusted net operating… [Read More]
Urbanfund Corp. Announces the Closing of Sale of the "Place Concordia" Joint Venture Property
TORONTO, ONTARIO–(Marketwired – Aug. 4, 2015) – Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (“Urbanfund” or the “Company”), confirmed today that the joint venture with Westdale Construction Co. Limited (“Westdale”) has completed the sale of the property known municipally as 2825 and 2835 Rue de la Concord and 2840 Rue… [Read More]
Firm Capital Property Trust announces a non-brokered private placement for up to $10 million
TORONTO, Aug. 4, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that it is proceeding with a non-brokered private placement in which it will raise up to $10,080,000 and issue up to 1,800,000 units of the Trust at a price of $5.60 per unit. The… [Read More]
PROREIT to Acquire Boulevard Industrial REIT in a Supported Transaction
– Transaction increases scale of PROREIT’s portfolio to over $200 million of gross book value through the acquisition of Boulevard – Transaction is expected to be accretive to PROREIT’s net asset value and AFFO (adjusted funds from operations) per unit – PROREIT will acquire high quality real estate, consistent with PROREIT’s portfolio – Boulevard unitholders… [Read More]