TORONTO, May 8, 2015 /CNW/ – Slate Office REIT (the “REIT“) (TSX: SOT.UN) (TSX: SOT.WT) announced today that it has amended its deferred unit plan (the “Plan“) to limit non-employee trustee participation in the Plan. Under the amended Plan (i) the number of units of the REIT issuable to non-employee trustees under the Plan at any… [Read More]
True North Commercial REIT announces first quarter 2015 results
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ Quarter highlighted by strong top line growth and attractive acquisition in Fredericton TORONTO, May 8, 2015 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today announced its financial results for the first quarter ended March 31, 2015. First Quarter Highlights Industry-leading… [Read More]
CAPREIT Announces Election of Trustees
TORONTO, ONTARIO–(Marketwired – May 8, 2015) – Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that, at its Annual Meeting of Unitholders held today, all of the nominees for election as trustees of CAPREIT referred to in its management information circular dated March 24, 2015 were elected as trustees by a vote… [Read More]
Allied Properties REIT Announces $150 Million Offering of 3.748% Series A Senior Unsecured Debentures
TORONTO, ONTARIO–(Marketwired – May 8, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Allied Properties REIT (TSX:AP.UN) (“Allied“) announced today that it has agreed to issue, on an agency basis, $150 million aggregate principal amount of series A senior unsecured debentures (the “Debentures“). The Debentures… [Read More]
Morguard Real Estate Investment Trust Updates Leasing Activity
TSX: MRT.UN MISSISSAUGA, ON, May 8, 2015 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today announced a property and leasing update. The Trust has finalized lease arrangements with GoodLife Fitness for a new 24/7, 75,000 square foot club at Parkland Mall in Red Deer, AB, scheduled to open in the spring of… [Read More]
Brookfield's Addison Enters Austin Market With Strong Sales, Student Art Initiative
AUSTIN, TEXAS–(Marketwired – May 8, 2015) – Addison, Austin’s newest master planned community, developed by Brookfield Residential, is now open in Southeast Austin. Featuring home designs from four of the area’s top builders, Addison offers dedicated open space, miles of hike and bike trails, a private residents’ pool and community area and creek-lined boundaries, all… [Read More]
Killam Properties Inc. announces voting results from 2015 annual meeting
HALIFAX, May 8, 2015 /CNW/ – Killam Properties Inc. (“Killam” or the “Company”) (TSX: KMP) announced today the voting results of matters voted on at its annual meeting of common shareholders (the “Meeting”), which was held in Halifax on May 6, 2015. The voting results of each of the matters considered at the Meeting are presented… [Read More]
CAPREIT Announces Twelfth Increase in Monthly Cash Distributions
TORONTO, ONTARIO–(Marketwired – May 8, 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that its Board of Trustees has approved a 3.4% increase in annualized cash distributions to $1.22 per Unit ($0.1017 per Unit monthly) effective with the May 2015 distribution payable on June 15, 2015 to Unitholders of Record… [Read More]
Pure Multi-Family REIT LP Announces Closing of US$35.2 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, May 8, 2015 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) today announced the closing of its previously announced public offering (the “Offering”) of 6,900,000 Class A units (“Units”), inclusive of 900,000 Units issued pursuant… [Read More]
Genesis Announces Q1 2015 Results and Webcast of Annual General Meeting
CALGARY, May 7, 2015 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) expects to release its first quarter 2015 results on Thursday, May 14, 2015 after the TSX market close. Genesis will host a conference call to discuss the Corporation’s first quarter 2015 results at 7:00 a.m. MDT (9:00 a.m. EDT)… [Read More]
Slate Office REIT Reports Strong First Quarter 2015 Results
Highlights for the Quarter Completed over 200,000 square feet of leasing transactions Core – FFO per unit increased 4.5% compared to same period in prior year Rental rates for new leases increased 2.0% above portfolio-wide in-place rent Rental rates for renewed leases increased 11.6% 74,248 square foot lease completed with Province of Manitoba Corporate governance… [Read More]
Pure Multi-Family REIT LP Announces Closing of Previously Announced Property for US$54.25 Million
VANCOUVER, May 7, 2015 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN; RUF.DB.U; OTCQX: PMULF) announces the successful closing of Park at West Avenue, a multi-family apartment community (“Park West”) in San Antonio, Texas for a purchase price of US$54,250,000. Park West was constructed in 2014 and consists of 360 residential units… [Read More]