TORONTO, May 27, 2015 /CNW/ – Slate Office REIT (the “REIT”) (TSX: SOT.UN) today announced that it has entered into a binding agreement to sell 110 Lowson Crescent in Winnipeg, Manitoba to an undisclosed purchaser for $6.7 million ($110 per square foot). The disposition is expected to be completed in second quarter 2015 and remains… [Read More]
Gulf & Pacific Equities Corp. Reports on First Quarter Results with Revenue of $924,915
TORONTO, ONTARIO–(Marketwired – May 27, 2015) – NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISTRIBUTION INTO THE UNITED STATES Gulf & Pacific Equities Corp. (TSX VENTURE:GUF) an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, reports a 4.8% increase in revenues to $924,915 in the… [Read More]
Builders Capital Mortgage Corp. Reports 2015 First Quarter Results, Private Placement
Company maintains steady performance improvement trend in fifth full quarter of operations CALGARY, ALBERTA–(Marketwired – May 27, 2015) – Builders Capital Mortgage Corp. (TSX VENTURE:BCF) (Builders Capital or the company) today released financial results for the three months ended March 31, 2015, the first quarter of the company’s 2015 fiscal year and its fifth full… [Read More]
Temple Hotels Inc. Issues Statement in Response to Centiennial Group Limited
WINNIPEG, May 26, 2015 /CNW/ – Temple Hotels Inc. (“Temple” or the “Company”) (TSX: TPH) today issued the following statement in response to this morning’s press release issued by Centennial Group Limited (“Centennial”) regarding the Board of Directors (the “Board”) of Temple: The Board and senior management have reviewed Centennial’s release and will consider in… [Read More]
Summit Industrial Income REIT Continues to Expand Presence in Vibrant Greater Toronto Area
TORONTO, May 26, 2015 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 184,000 square foot, multi-tenant industrial property located at 2333 North Sheridan Way in Mississauga, Ontario. The acquisition price of $14.5 million will be satisfied by the assumption of an… [Read More]
Milestone Apartments REIT and MileSouth Apartment Portfolio LP Announce Successful Closing of Bought Deal Equity Offering for Gross Proceeds of C$125 Million
â Reduces MileSouth Ownership Interest in the REIT to approximately 17.9% down from 26.9% â TORONTO and DALLAS, May 26, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX:MST.UN) (“Milestone” or the “REIT”) and MileSouth Apartment Portfolio LP, an affiliated entity of Invesco Ltd. (“MileSouth”) announced today that they have completed their previously announced public offering (the… [Read More]
Zaio Corporation Announces Valuation Vision Asset Purchase Scheduled to Close in May
– Zaio receives 2014 Valuation Vision, LLC Audited Financials necessary to close purchase – CALGARY, May 26, 2015 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”), is pleased to announce that upon receiving the 2014 Audited Financial Statements of Valuation Vision, LLC (“Valuation Vision”) and all other necessary requirements, the pending asset purchase is… [Read More]
Edgefront Real Estate Investment Trust Announces Continued Strong Results, an Increase to the Discount to Issuance Price Under the DRIP, the June Distribution, and a New Independent Trustee
CALGARY, May 25, 2015 /CNW/ – Edgefront Real Estate Investment Trust (the “REIT”) (TSXV: ED.UN) announced today its results for the three months ended March 31, 2015, the June 2015 Distribution, an increase to the discount to issuance price under the DRIP, a new independent trustee and voting results from 2015 annual and special meeting. Highlights… [Read More]
Nobel REIT announces agreements to acquire four investment properties in the Montreal area
MONTREAL, May 25, 2015 /CNW Telbec/ – (TSXV: NEL.UN) Nobel Real Estate Investment Trust (the “REIT” or “Nobel REIT”) is pleased to announce today that it will acquire, pursuant to the private placement announced on April 23, 2015 and that is expected to close on or about June 2, 2015, four investment properties in the… [Read More]
True North Apartment REIT Announces Strategic Transactions to Unlock Value and Recycle Capital Into GTA Properties With Repositioning Potential
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, May 25, 2015 /CNW/ – True North Apartment Real Estate Investment Trust (the “REIT“) (TSX: TN.UN; TN.DB) is pleased to announce that it has agreed to acquire 150 and 160 Market Street in Hamilton, Ontario (the “Market Street Properties“) for a total purchase price… [Read More]
Plaza Retail REIT announces appointments
FREDERICTON, May 25, 2015 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX:PLZ.UN) is pleased to announce the following appointments: James Petrie has been appointed Executive Vice-President and Chief Operating Officer (COO). Mr. Petrie has been with Plaza since 2004 and most recently was Executive Vice-President and General Counsel. Jamie’s role is expanding to look after our business… [Read More]
Pure Industrial Real Estate Trust Announces Corporate Update and Amendments to Proposals at its Annual and Special Meeting
VANCOUVER, May 22, 2015 /CNW/ – Pure Industrial Real Estate Trust (“PIRET” or the “Trust”) (TSX: AAR.UN) today announced that Stephen Evans has stepped down as a member of PIRET’s Nominating and Governance Committee (the “Nominating Committee”). The trustees have appointed Jim Bogusz to fill the vacancy on the Nominating Committee. The Nominating Committee’s members will… [Read More]