TORONTO, Aug. 27, 2015 /CNW/ – WPT Industrial Real Estate Investment Trust (TSX:WIR.U) (the “REIT”) announced today that it has renewed a major lease with Fullbeauty Brands Inc. (fka OSP Group, Inc.), a leading on-line retailer and one of the REIT’s top-five tenants, at the REIT’s distribution property located at 3003 Reeves Road, Plainfield, Indiana…. [Read More]
Pure Multi-Family REIT LP announces continuation of high-grading the portfolio with a US$51 million property acquisition
VANCOUVER, Aug. 26, 2015 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN; RUF.DB.U; OTCQX: PMULF) announced today that it has entered into an agreement to acquire a multi-family apartment community, known as the Brackenridge at Midtown (“Brackenridge”), located in San Antonio, Texas for a purchase price of US$51,000,000. Brackenridge was constructed in 2014… [Read More]
OneREIT Announces Closing of Transaction to Sell Mountainview Mall and Kenora Shoppers Mall
TORONTO, ONTARIO–(Marketwired – Aug. 26, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES OR TO ANY NON-CANADIAN SOURCE OneREIT (“REIT”) (TSX:ONR.UN) today announced that it has completed the sale of Mountainview Mall in Midland, Ontario and Kenora Shoppers Mall in Kenora, Ontario for an aggregate price of… [Read More]
InnVest Real Estate Investment Trust and KingSett Capital Announce Completion of the Acquisition of Downtown Toronto’s Courtyard by Marriott Hotel
TORONTO, Aug. 26, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) and KingSett Real Estate Growth LP No.5 (“KingSett”) announced today the completion of the previously-announced $99 million or $172,000 per room acquisition of the Courtyard by Marriott Hotel in downtown Toronto, Ontario. InnVest acquired a one-third interest in the hotel for $33.0 million,… [Read More]
Halmont Properties Corporation: Second Quarter Results
TORONTO, ONTARIO–(Marketwired – Aug. 26, 2015) – HALMONT PROPERTIES CORPORATION (TSX VENTURE:HMT) announced today that the net income to common shareholders for the six months ended June 30, 2015 was $0.54 million as compared to net income of $0.46 million for the six months ended June 30, 2014. Six months ended (in millions) June 30,… [Read More]
Imperial Equities Inc. announces bid to purchase shares
EDMONTON, Aug. 26, 2015 /CNW/ – Imperial Equities Inc. (TSX-V:IEI) today announced that it intends to make a Normal Course Issuer Bid through the facilities of and in accordance with the by-laws and rules of the Toronto Venture Exchange to be transacted through the facilities of the TSX and other Canadian marketplaces. Imperial Equities Inc…. [Read More]
Milestone Apartments REIT Announces US$45.1 Million Property Acquisition in Dallas
– Expands presence in growing Dallas-Fort Worth metro region – TORONTO and DALLAS, Aug. 26, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) today announced that it has entered into an agreement to purchase Broadstone Vista Ridge (“Broadstone” or the “Property”), a 372-unit, Class A multifamily apartment community located in the… [Read More]
Tricon Capital Group Announces Initial Public Offering of Tricon Investment Partners Inc.
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Aug. 25, 2015 /CNW/ – Tricon Capital Group Inc. (“Tricon”) (TSX:TCN) announced today that its wholly-owned subsidiary, Tricon Investment Partners Inc. (the “Company”, or “TIP”), has filed and obtained a receipt for a preliminary prospectus in respect of its initial public… [Read More]
Choice Properties Real Estate Investment Trust Provides Update on Three Recently Acquired Retail Properties
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Aug. 25, 2015 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) provided today an update on the recent acquisition of three retail properties. Leveraging its alliance with its principal tenant, Choice Properties acquired… [Read More]
Inovalis Real Estate Investment Trust Announces August 2015 Distribution
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 24, 2015 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT“) (TSX: INO.UN) announced today that its Board of Trustees has declared the REIT’s monthly cash distribution of CDN$0.06875 per unit for the period from August 1, 2015 to… [Read More]
OneREIT Announces Normal Course Issuer Bid
TORONTO, ONTARIO–(Marketwired – Aug. 24, 2015) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OneREIT (the “REIT”) (TSX:ONR.UN) announced today that the Toronto Stock Exchange (“TSX”) has accepted the REIT’s notice of intention to make a normal course issuer bid. The board of trustees of the REIT… [Read More]
American Hotel Income Properties REIT LP Announces Agreement to Acquire Strategic Railway Lodging Portfolio
VANCOUVER, Aug. 24, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today that it has agreed to acquire through its subsidiaries a portfolio of five strategic railway lodging facilities (the “Railway Portfolio“) for an aggregate purchase price of US$44,775,000, excluding closing and post-acquisition adjustments. ACQUISITION HIGHLIGHTS The Railway… [Read More]