TORONTO, Sept. 3, 2015 /CNW/ – Slate Office REIT (the “REIT”) (TSX: SOT.UN) today announced that it has completed the sale of 505 Industrial Drive in Milton, Ontario to an undisclosed purchaser for $22.5 million. The Transaction is consistent with the REIT’s stated growth strategy and focus on office assets. Slate Management Corporation, a wholly-owned… [Read More]
InterRent Announces $51 Million Acquisition in Hamilton, Ontario
OTTAWA, ONTARIO–(Marketwired – Sept. 2, 2015) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent” or “REIT”) is pleased to announce that it has entered into an unconditional agreement to acquire a multi-family portfolio in Hamilton that will add 618 suites… [Read More]
Pure Multi-Family REIT LP Announces Closing of Previously Announced Property Disposition for US$17.85 Million
VANCOUVER, Sept. 2, 2015 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) announced today the successful and profitable sale of Oakchase Apartment Homes (“Oakchase”), located in Arlington, Texas, a submarket of Dallas-Fort Worth, for gross proceeds of US$17.85 million. Oakchase is comprised of 236 residential units, situated on 10.2 acres… [Read More]
Temple Hotels Inc. announces completion of $38 million sale of Hotel Saskatchewan and announces the filing of a preliminary short form prospectus for $40 million rights offering
WINNIPEG, Sept. 2, 2015 /CNW/ – Temple Hotels Inc. (“Temple”) (TSX: TPH) today announced that it has completed the previously announced sale of Hotel Saskatchewan (the “Hotel”) in downtown Regina, SK for $38 million, subject to customary closing adjustments. The 224 room full-service hotel was acquired by Temple in April 2014 for $32.8 million. The… [Read More]
InnVest Real Estate Investment Trust Completes Acquisition of Regina’s Hotel Saskatchewan
TORONTO, Sept. 2, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that it has completed the previously-announced acquisition of the Hotel Saskatchewan located in downtown Regina for a net purchase cost of approximately $37.0 million, or $163,000 per room. The purchase will be satisfied with available cash on hand following the… [Read More]
Slower Growth Points to Continued Soft Landing in Condo Market
Conference Board of Canada Summer 2015 Metropolitan Condo Outlook TORONTO, Sept. 2, 2015 /CNW/ – Slowing GDP and job growth will have a moderating effect on Canada’s condo market, easing fears of overheating markets and further reinforcing the prospects of a soft landing, even as regional markets vary widely due to differing economic conditions according to… [Read More]
Global Real Estate Dividend Growers Corp. Distributions
CALGARY, Sept. 1, 2015 /CNW/ – Middlefield Group is pleased to announce that distributions for 2015 will be payable to shareholders of Global Real Estate Dividend Growers Corp. as follows: Record Date Payable Date Distribution Per Equity Share September 10, 2015 September 15, 2015 $0.05 September 30, 2015 October 15, 2015 $0.05 October… [Read More]
Urbanfund Corp. Reports Financial Results for the Three and Six Month Periods Ended June 30, 2015
TORONTO, ONTARIO–(Marketwired – Aug. 31, 2015) – Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (the “Company”), confirmed today that the Company has filed financial results for the three and six month periods ended June 30, 2015 (the “Financial Statements”). For the three month period ended June 30, 2015, the Company… [Read More]
CHC Student Housing Corp. Announces Second Quarter Financial Results
TORONTO, ONTARIO–(Marketwired – Aug. 31, 2015) – CHC Student Housing Corp. (“CHC” or the “Company”) (TSX VENTURE:CHC) is pleased to announce that it has filed its audited financial statements and related management’s discussion and analysis (“MD&A”) for the three and six months ended June 30, 2015. The financial statements and MD&A are available under CHC’s… [Read More]
Firm Capital Property Trust announces closing of a 70% interest in an industrial portfolio and confirmation of 5% distribution increase
TORONTO, Aug. 31, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of its previously announced acquisition of a 70% interest in seven industrial buildings located in Waterloo, Ontario (the “Portfolio”). The acquisition price for 100% of the Portfolio is approximately $43.3 million, excluding transaction… [Read More]
American Hotel Income Properties REIT LP Announces Additional Gross Proceeds of Cdn$4.3 Million from Partial Exercise of Over-Allotment Option
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ VANCOUVER, Aug. 31, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today additional gross proceeds of approximately Cdn$4.3 million from the completion of the partial exercise of the over-allotment option (the “Over-Allotment Option“) in… [Read More]
OneCap Investment Corporation announces the cancellation of its proposed qualifying transaction
MONTREAL, Aug. 28, 2015 /CNW Telbec/ – OneCap Investment Corporation (TSXV: OIC.H) (“OneCap” or the “Corporation“), a capital pool company as defined under Policy 2.4 â Capital Pool Companies of the TSX Venture Exchange (the “Exchange“) announced today the cancellation of its proposed qualifying transaction to acquire of a 50% interest in the MTS Data… [Read More]