MONTRÃAL, Sept. 15, 2015 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) announced today that the monthly cash distribution for the month of September 2015 is $0.035 per unit, representing $0.42 per unit on an annualized basis. The cash distribution will be paid on October 15, 2015 to unitholders of record on September 30,… [Read More]
Inovalis Real Estate Investment Trust announces It has entered into an exclusivity agreement to purchase an office property in Germany with joint-venture partner
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Sept. 15, 2015 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT“) (TSX: INO.UN) announced today that it has entered into an exclusivity agreement to purchase, on a 50-50 joint-venture basis, an office property (the “Property“) located in Cologne, Germany,… [Read More]
CAPREIT Expands Vancouver Presence With Purchase of 919-Suite Property Portfolio
TORONTO, ONTARIO–(Marketwired – Sept. 14, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a portfolio of 19 apartment properties in the Greater Vancouver Area totaling 919 residential suites. The purchase price of $170.0 million (excluding transaction costs) was funded with CAPREIT’s Acquisition and… [Read More]
Lanesborough REIT Announces $70.25 Million Sale of Colony Square
WINNIPEG, Sept. 14, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today that it has agreed to sell 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 a 270-stall underground… [Read More]
Tricon Capital Group Announces Inclusion in S&P/TSX Composite Index
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES/ TORONTO, Sept. 14, 2015 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”, TSX:TCN) announced today that Tricon will be added to the S&P/TSX Composite Index (the “Index”) effective after the close of trading on September 18, 2015. S&P/TSX Dow… [Read More]
True North Apartment REIT Issues Letter to Unitholders, Management Information Circular, and Notice of Meeting Regarding Transaction with Northern Property REIT and Creation of Northview Apartment REIT
Board of Trustees unanimously recommend Unitholders vote IN FAVOUR of proposed Plan of Arrangement Proxy deadline of Friday October 9, 2015 Unitholder Meeting scheduled for October 14, 2015 TORONTO, Sept. 11, 2015 /CNW/ – True North Apartment Real Estate Investment Trust (“True North”)(TSX:TN.UN,TN.DB) today announced that it has filed on SEDAR and is mailing a Letter… [Read More]
Empire Company Reports Voting Results and Share Split Process
STELLARTON, NS, Sept. 10, 2015 /CNW/ – Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) announced the voting results for the election of its directors at its Annual and Special General Meeting held today at Cineplex Cinemas, 612 East River Road, New Glasgow, Nova Scotia. There were 32,712,693 Class B shares (100% of outstanding Class… [Read More]
Tricon Capital Group Announces Filing of Amended and Restated Preliminary Prospectus for Initial Public Offering of Tricon Investment Partners Inc.
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Sept. 10, 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 an amended and restated preliminary prospectus in respect… [Read More]
Holloway Lodging Corp. announces acquisition of hotel in Sydney, Nova Scotia
/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Sept. 10, 2015 /CNW/ – Holloway Lodging Corp. (TSX: HLC) (“Holloway”) is pleased to announce that it has acquired the Days Inn® hotel located in Sydney, Nova Scotia. Holloway previously acquired non-performing first and second mortgages secured by the property… [Read More]
Brookfield Residential 2015 Third Quarter Results Conference Call Notice and Corporate Update
CALGARY, ALBERTA–(Marketwired – Sept. 10, 2015) – Brookfield Residential Properties Inc. (“Brookfield Residential” or the “Company”) today announced its 2015 third quarter results conference call notice and corporate update. Third Quarter Results Conference Call Brookfield Residential announced that its 2015 third quarter results will be released on Tuesday, November 3, 2015. The financial results and… [Read More]
Brookfield Real Estate Services Inc. Declares Monthly Dividend
TORONTO, Sept. 10, 2015 /CNW/ – Brookfield Real Estate Services Inc. (TSX: BRE) today declared a dividend of $0.1042 per share for the month of September 2015, payable on October 30, 2015, to shareholders of record on September 30, 2015. About Brookfield Real Estate Services Inc.Brookfield Real Estate Services Inc. (TSX: BRE) is a leading provider… [Read More]
Pure Multi-Family REIT LP Completes US$46.5 Million Mortgage Refinancing
VANCOUVER, Sept. 9, 2015 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN; RUF.DB.U; OTCQX: PMULF) announced today that it has completed the refinancing of Prairie Creek Villas (“Prairie Creek”), located in Richardson, Texas. The new US$46.5 million mortgage has a term of 15-years and bears a fixed interest rate of 4.07%. This financing replaces… [Read More]