VANCOUVER, March 5, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the grand opening of the new 110-room Oak Tree Inn hotel in Wellington, Kansas (the “Property“). The hotel was purpose built for a national U.S. railway client and is AHIP’s 38th Oak Tree Inn railway hotel. This… [Read More]
Granite Announces 2014 Fourth Quarter And Year End Results
TORONTO, March 4, 2015 /CNW/ – Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN; NYSE: GRP.U) (“Granite” or the “Trust”) today announced their combined results for the three month period and year ended December 31, 2014. HIGHLIGHTS Highlights for the three month period ended December 31, 2014 are set out below: Funds… [Read More]
True North Apartment REIT Announces Results for the Three Months and Year Ended December 31, 2014
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, March 4, 2015 /CNW/ – True North Apartment Real Estate Investment Trust (TSX: TN.UN; TN.DB) (the “REIT”) today announced its results of operations and financial condition for the three months and year ended December 31, 2014. Fourth Quarter Highlights Net Operating Income (“NOI”) of $11.6… [Read More]
Retrocom Announces $30 Million Redevelopment of Golden Mile Shopping Centre, Regina With New Real Canadian Superstore(R)
TORONTO, ONTARIO–(Marketwired – March 4, 2015) – NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY NON-CANADIAN SOURCE Retrocom Real Estate Investment Trust (TSX:RMM.UN) (the “REIT”) announced today a $30 million redevelopment of its Golden Mile Shopping Centre in Regina, Saskatchewan around a brand new 92,000 square foot Real Canadian Superstore®, together with a… [Read More]
Milestone Apartments REIT Reports 2014 Fourth Quarter and Year-End Results
– Consistent rent increases, strong occupancy, continued portfolio expansion and operating efficiencies drive strong Q4 2014 YoY total and samestore NOI growth of 20.4% and 4.8%, respectively – – REIT completes closing of recently announced property acquisition in Kansas City – TORONTO and DALLAS, March 4, 2015 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone”… [Read More]
InterRent REIT Results for the Fourth Quarter and 2014 Results
OTTAWA, ONTARIO–(Marketwired – March 4, 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 the “REIT“) today reported financial results for the fourth quarter and year ended December 31, 2014. Highlights Gross rental revenue increased by $5.7 million, or… [Read More]
Brookfield Residential Announces Application to Cease to be a Reporting Issuer
CALGARY, ALBERTA–(Marketwired – March 3, 2015) – Brookfield Residential Properties Inc. (the “Company” or “Brookfield Residential“) (TSX:BRP) (NYSE:BRP) announced today that in connection with the proposed plan of arrangement (the “Arrangement“) pursuant to which 1927726 Ontario Inc., a wholly owned subsidiary of Brookfield Asset Management Inc., will acquire all of the common shares of Brookfield… [Read More]
Allied Properties Real Estate Investment Trust Announces Fourth-Quarter and Year-End Results With Continuing Broad-Based Momentum
TORONTO, ONTARIO–(Marketwired – March 3, 2015) – Allied Properties REIT (TSX:AP.UN) today announced results for its fourth quarter and year ended December 31, 2014. “We set the bar high in 2014, both in absolute terms and in relation to what we anticipated would be a challenging environment for Canadian REITs,” said Michael Emory, President and… [Read More]
InnVest Real Estate Investment Trust Announces Completion of Early Redemption of Series D-6.75% Convertible Debentures
TORONTO, ONTARIO–(Marketwired – March 3, 2015) – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that it completed the early redemption and cancellation of the 6.75% Convertible Debentures, Series D (scheduled to mature on March 31, 2016) (the “Debentures”) on March 3, 2015 (the “Redemption Date”). Subsequent to the initial announcement of the early… [Read More]
Canadian Apartment Properties Real Estate Investment Trust Announces Public Unit Financing of $140.6 MM
TORONTO, ONTARIO–(Marketwired – March 3, 2015) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) of Toronto, Ontario announced today that it has agreed to sell, subject to regulatory approval, 5,050,000 units for $27.85 per unit for aggregate gross proceeds of… [Read More]
DREAM UNLIMITED CORP. QUARTERLY FIRST PREFERENCE SHARES, SERIES 1 DIVIDEND
TORONTO, ONTARIO–(Marketwired – March 3, 2015) – DREAM UNLIMITED CORP. (TSX:DRM)(TSX:DRM.PR.A) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.12530 per first preference share, series 1 payable on March 31, 2015 to shareholders of record on March 13, 2015. The dividend is designated as an eligible… [Read More]
Melcor REIT Conference Call at 11:00 am ET, 9:00 am MT
EDMONTON, ALBERTA–(Marketwired – March 3, 2015) – The Melcor REIT (TSX:MR.UN) conference call will be held at 11:00 am ET, 9:00 am MT this morning. Unitholders and interested parties are invited to join CEO Darin Rayburn and CFO Jonathan Chia on the 2014 annual results conference call. Call 416-340-8527 in the Toronto area; 877-677-0837 toll… [Read More]