CALGARY, Nov. 6, 2015 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”) announced today that its Board of Directors has determined that the previously announced merger with Axis Appraisal Management (Axis) is not in the best interest of Zaio shareholders at this time, and as a result, the transaction will not be closed…. [Read More]
Kingsway Arms Retirement Residences Inc. Announces Reverse Takeover Transaction
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Nov. 6, 2015 /CNW/ – Kingsway Arms Retirement Residences Inc. (“Kingsway” or the “Company“) (TSX.V: KWA) today announced a reverse takeover transaction (the “Reverse Takeover“). Pursuant to a binding commitment letter dated November 5, 2015 (the “Commitment Letter“), the Company… [Read More]
MCAN Mortgage Corporation Reports 48% Increase in Third Quarter Net Income and Increase in Quarterly Dividend
Stock market symbol TSX: MKP TORONTO, Nov. 5, 2015 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported strong third quarter 2015 earnings today. Q3 2015 Operating Results Net income for the third quarter of 2015 was $7.2 million, up 48% from $4.9 million in the prior year, while earnings per share increased… [Read More]
Firm Capital Property Trust announces another solid quarter of earnings and portfolio growth
TORONTO, Nov. 5, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its consolidated interim financial results for the three months and nine months ended September 30, 2015. THIRD QUARTER HIGHLIGHTS Three Months Ended September 30, 2015 FFO and AFFO of $1.2 million and $1.1 million is a 12%… [Read More]
Dream Unlimited Corp. Reports Strong Third Quarter and Year-to-Date 2015 Results
TORONTO, ONTARIO–(Marketwired – Nov. 5, 2015) – This press 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 Unlimited Corp. (TSX:DRM)(TSX:DRM.PR.A) (“Dream”, “the Company” or “we”) today announced its financial results for the three and nine… [Read More]
Artis Releases Third Quarter Results: Reports Strong FFO Per Unit Growth of 11.4% Payout Ratio Improves to 71.1%
WINNIPEG, Nov. 5, 2015 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or “the REIT”) issued its financial results and achievements for the three and nine months ended September 30, 2015. All amounts are in thousands of Canadian dollars, unless otherwise noted. “Our third quarter results, supported by our diversified portfolio and strong management… [Read More]
Terra Firma Capital Corporation Reports Results for the Third Quarter Ended September 30, 2015
104% Increase in Net Income and Comprehensive Income Year Over Year 51% Revenue Growth Year Over Year TORONTO, ONTARIO–(Marketwired – Nov. 5, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES All amounts are stated in Canadian dollars. Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the… [Read More]
CAPREIT choisie parmi les Employeurs de choix au Canada pour une troisième année consécutive
TORONTO, ONTARIO–(Marketwired – 5 nov. 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) a annoncé aujourd’hui qu’elle avait été sélectionnée au sein du Niveau Platine parmi les Employeurs de choix au Canada Aon. Aon a récemment effectué une transition vers un programme d’Employeurs de choix Aon mondial, doté de deux niveaux de… [Read More]
CAPREIT Chosen as One of Canada's Best Employers for A Third Consecutive Year
TORONTO, ONTARIO–(Marketwired – Nov. 5, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has been selected as a Platinum Level Aon Best Employers in Canada. Aon recently transitioned to one overall global Aon Best Employers program with two levels of recognition, Platinum and Gold. To become a Platinum… [Read More]
H&R REIT Announces 6.5% Growth in FFO Per Unit in the Third Quarter of 2015
TORONTO, Nov. 5, 2015 /CNW/ – H&R Real Estate Investment Trust (“H&R REIT” or the “REIT”) and H&R Finance Trust (collectively, “H&R”) (TSX: HR.UN; HR.DB.D; HR.DB.E and HR.DB.H) today announced its financial results for the three and nine months ended September 30, 2015. Financial Highlights The following table includes non-Generally Accepted Accounting Principles (“GAAP”) information that… [Read More]
NorthWest Healthcare Properties REIT Announces Exercise of Over-Allotment Option
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Nov. 5, 2015 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) announced today the issuance of an additional $3 million aggregate principal amount of 5.50% convertible unsecured subordinated debentures of the REIT. The issuance was pursuant… [Read More]
Cominar Still Progresses
QUÃBEC, Nov. 5, 2015 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today its results for the third quarter of fiscal year 2015. Highlights for the Quarter Ended September 30, 2015 Increased net operating income(1) of 25.6% Disposition of income properties for a purchase price of $98.0M Decreased debt… [Read More]