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]
OneCap Investment Corporation announces reimbursement of all costs as per agreement with 8432155 Canada Inc.
MONTREAL, Dec. 8, 2015 /CNW Telbec/ – OneCap Investment Corporation (TSXV:OIC.H) (“OneCap“), a capital pool company as defined under Policy 2.4 â Capital Pool Companies of the TSX Venture Exchange (the “Exchange“) announced on August 28, 2015 the cancellation of its proposed qualifying transaction to acquire of a 50% interest in the MTS Data Centre Project… [Read More]
Killam Properties Inc. Receives Shareholder Approval to Convert to Killam Apartment REIT
HALIFAX, NOVA SCOTIA–(Marketwired – Dec. 8, 2015) – Killam Properties Inc. (TSX:KMP) (“Killam”) is pleased to announce that is has received shareholder approval of its plan of arrangement (the “Arrangement”) to convert Killam from a corporation to a real estate investment trust (“REIT”) to be named Killam Apartment REIT. Approval was received at a special… [Read More]
Morguard Corporation Increases Ownership Position in Morguard Real Estate Investment Trust
MISSISSAUGA, ON, Dec. 8, 2015 /CNW/ – Morguard Corporation (“Morguard“) (TSX: MRC) announced today that it has acquired 1,332,873 units (the “Units“) of Morguard Real Estate Investment Trust (TSX: MRT.UN) (“Morguard REIT“) through the facilities of the Toronto Stock Exchange and/or alternative Canadian trading systems between May 11 and December 7, 2015 at a weighted average… [Read More]
Brookfield Real Estate Services Inc. Announces Acquisition of Franchise Agreements
TORONTO, Dec. 8, 2015 /CNW/ – Brookfield Real Estate Services Inc. (the “Company”) (TSX: BRE) announced today that it has approved the acquisition of certain franchise agreements from Brookfield Real Estate Services Manager Limited (“the Manager”). Acquisition of Franchise AgreementsUnder the Royal LePage and Via Capitale brands, the Company will purchase franchise agreements representing 33… [Read More]
American Hotel Income Properties REIT LP announces the addition of 24 guestrooms at the recently built high occupancy Oak Tree Inn Hotel in Glendive, Montana
VANCOUVER, Dec. 8, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the completion of its previously announced 24-room expansion at the existing, high occupancy, 50-room Oak Tree Inn hotel and Penny’s Diner located in Glendive, Montana (the “Glendive Property“) for a total purchase price of US$2.8 million…. [Read More]
Dream Office REIT Launches Tree of Dreams Campaign
TORONTO, ONTARIO–(Marketwired – Dec. 7, 2015) – DREAM OFFICE REIT (TSX:D.UN) has proudly launched its Tree of Dreams campaign in some of its office buildings in major Canadian cities. The holiday campaign provides tenants of those buildings the opportunity to buy a gift for a senior in need who lives in their community. In partnership… [Read More]
The Heathview Recognized by FRPO as the 2015 Rental Development of the Year
MISSISSAUGA, ON, Dec. 7, 2015 /CNW/ – The Heathview took top honours for the 2015 Rental Development of the Year as announced by the Federation of Rental-Housing Providers of Ontario (FRPO). The FRPO MAC Awards recognize Ontario’s top landlords and property managers for excellence in the rental housing industry. The Heathview, owned by Morguard Corporation… [Read More]
BTB Real Estate Investment Trust announces closing of $25,000,000 issue of Convertible Debentures
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ MONTREAL, Dec. 4, 2015 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“) is pleased to announce today that is has closed its previously announced public offering of $25,000,000 aggregate principal amount of Series F 7.15% Convertible Unsecured Subordinated… [Read More]
Inovalis Real Estate Investment Trust announces completion of a previously announced acquisition of an office property in Germany with joint-venture partner
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 3, 2015 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT“) (TSX: INO.UN) announced today that it completed the acquisition, on a joint-venture basis with Eurovalys SCPI, holding respectively 49% and 51%, of an office property (the “Property“) located… [Read More]
Cominar Real Estate Investment Trust Announces December 2015 Monthly Distribution
QUEBEC CITY, Dec. 3, 2015 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today a distribution of 12.25 cents per unit to unitholders of record as at December 16, 2015, payable on December 31, 2015. PROFILE AS AT DECEMBER 3, 2015Cominar is the third largest diversified real estate investment… [Read More]
Zaio Launches MarketValue Pro™ Appraisal Report as Compliant Alternative to BPOs
CALGARY, Dec. 3, 2015 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”) announced today the launch of MarketValue Pro⢠(MVP), an appraisal report with the site inspection provided by a real estate agent. MVP provides an alternative to Broker Price Opinions (BPOs) in states where regulations limit the ability of a real estate… [Read More]