TORONTO, ONTARIO–(Marketwired – Nov. 3, 2015) – RioCan’s HIGHLIGHTS for the three and nine months ended September 30, 2015 were: • RioCan’s Operating Funds From Operations (“Operating FFO”) for the three months ended September 30, 2015 (“Third Quarter”) was $140.2 million or $0.44 per Unit compared to $133.6 million or $0.43 per Unit for the… [Read More]
First Capital Realty Announces Q3 Results
Provides Progress Update on Major Development Projects TORONTO, Nov. 2, 2015 /CNW/ – First Capital Realty Inc. (“First Capital Realty”) (TSX: FCR), Canada’s leading owner, developer and manager of grocery anchored urban properties, announced today financial results for the three and nine months ended September 30, 2015. SELECTED FINANCIAL INFORMATION Three months ended September 30 Nine months ended… [Read More]
Gulf & Pacific Equities Corp. Announces Conversion of Debenture
TORONTO, ONTARIO–(Marketwired – Nov. 2, 2015) – NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISTRIBUTION INTO THE UNITED STATES Gulf & Pacific Equities Corp. (the “Company”) (TSX VENTURE:GUF) is pleased to announce that it has received notice from the holder of the October 31, 2010 unsecured convertible debenture (the “Debenture”) that such holder… [Read More]
Holloway Lodging Corp. to release third quarter, 2015 results
/Not for distribution on U.S. wire services or for dissemination in the United States/ HALIFAX, Nov. 2, 2015 /CNW/ – Holloway Lodging Corporation (TSX: HLC, HLC.DB, HLC.DB.A) (“Holloway”) will release its 2015 third quarter results on Thursday, November 12, 2015. An investor conference call will take place on Thursday, November 12, 2015 at 3:00 p.m. EST,… [Read More]
Artis Real Estate Investment Trust announces acquisition of office tower in Minneapolis and provides update on new and previously announced property transactions
WINNIPEG, Nov. 2, 2015 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it has entered into an agreement to acquire Canadian Pacific Plaza, an office tower located in Minneapolis, Minnesota. Artis also announced the disposition of an office property located in the Twin Cities Area, Minnesota, and… [Read More]
Parkit Acquires Nashville Off-Airport Facility
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 2, 2015) – Parkit Enterprise Inc. (“Parkit,” or “the Company”) (TSX VENTURE:PKT)(OTCQX:PKTEF) is pleased to announce that on October 30, 2015, its joint venture PAVe LLC successfully acquired Fly Away Airport Parking, a 1,140 stall, 8.5 acre facility servicing the Nashville International Airport. The US$8.0 million acquisition was completed with… [Read More]
Lanesborough REIT completes $70.25 million sale of Colony Square and announces debt reduction and expected tax impact
WINNIPEG, Nov. 2, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today that it has completed the previously announced sale of Colony Square in downtown Winnipeg, MB for $70.25 million, subject to customary closing adjustments. The three tower complex, consisting of 428 apartment suites, approximately 83,300 square feet of commercial space and… [Read More]
American Hotel Income Properties REIT LP Announces Expansions of Three High Occupancy Oak Tree Inn Hotels in Nebraska, Oregon and Texas
VANCOUVER, Nov. 2, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today three new 24-room expansions at existing high occupancy Oak Tree Inn hotels in North Platte, Nebraska, Hermiston, Oregon and Hearne, Texas (the “Expansions“). The Expansions are being constructed by SunOne Developments Inc. (“SunOne“) pursuant to the… [Read More]
Northern Property REIT Completes Transactions with True North Apartment REIT and Starlight Investments Ltd; Changes Name to Northview Apartment REIT
CALGARY, Oct. 30, 2015 /CNW/ – Northern Property Real Estate Investment Trust (“NPR”)(TSX:NPR:UN) and True North Apartment Real Estate Investment Trust (“True North”) announced today that NPR has completed transactions involving the acquisition of all of the assets and properties of True North and certain multi-family real estate assets from affiliates of Starlight Investments Ltd…. [Read More]
Valuation Vision Leadership Team to Meet With Zaio Shareholders
CALGARY, Oct. 30, 2015 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”), is revealing exciting new details about their current product and marketing plan at today’s previously announced open house. “This year is proving to be a successful and pivotal year for Valuation Vision (VV), culminating in the continued national rollout of BPOMerge… [Read More]
Milestone Apartments REIT Announces Successful Closing of Subscription Receipts Offering and Exercise in Full of Over-Allotment Option for Gross Proceeds of Approximately C$143.9 Million
TORONTO and DALLAS, Oct. 30, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (the “REIT” or “Milestone”) announced today that it has completed its previously announced offering of subscription receipts (the “Subscription Receipts”) with a syndicate of underwriters co-led by BMO Capital Markets and CIBC, and including RBC Dominion Securities Inc., National Bank Financial… [Read More]
Temple Hotels Inc. announces completion of fully subscribed $40 million rights offering
WINNIPEG, Oct. 30, 2015 /CNW/ – Temple Hotels Inc. (“Temple”) (TSX: TPH) is pleased to announce the completion of its previously announced rights offering (the “Rights Offering”) in each of the provinces and territories of Canada other than Quebec. The Rights Offering was substantially oversubscribed and, as such, Temple issued 36,363,636 common shares of Temple for… [Read More]