QUEBEC CITY, Feb. 26, 2015 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today its results for the fourth quarter and for the fiscal year 2014. Highlights for the Year Ended December 31, 2014 Invested over $2.0 billion in acquisitions of investment properties (+ 8.1 million sq. ft.)… [Read More]
American Hotel Income Properties REIT LP announces the acquisition of a new 110-room Oak Tree Inn hotel in Wellington, Kansas
VANCOUVER, Feb. 25, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the acquisition of a newly built 110-room Oak Tree Inn hotel in Wellington, Kansas (the “Property“) from SunOne Developments Inc. (“SunOne“) for a total purchase price of US$7,410,000 plus closing adjustments. The acquisition was financed by… [Read More]
Summit Industrial Income REIT Announces Strong Growth and Operating Performance in 2014
TORONTO, Feb. 25, 2015 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today strong growth and solid operating performance for the year ended December 31, 2014. 2014 Highlights: Acquired five properties totaling 593,239 sq. ft. of GLA for $47.5 million at an average cap rate of 6.66%. Completed $29.6 million… [Read More]
Slate Retail REIT Announces C$40 Million Bought Deal Equity Offering, C$10 Million Private Placement and US$201 Million Acquisition of Slate U.S. Opportunity (No. 3) Realty Trust
TORONTO, ONTARIO–(Marketwired – Feb. 25, 2015) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Slate Retail REIT (the “REIT“) (TSX:SRT.UN)(TSX:SRT.U) announced today that it has entered into an agreement to sell to a syndicate of underwriters led by joint-bookrunners CIBC and GMP Securities (the “Underwriters“), on a bought deal… [Read More]
BTB will announce its 2014 fourth quarter financial results on Monday March 23, 2015
MONTRÃAL, Feb. 25, 2015 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“) announced today that it will release its financial results for the fourth quarter 2014, on Monday, March 23, 2015, after closing of the markets. On Tuesday March 24, 2015, at 10:00 a.m. (ET) management will hold a conference call to present BTB’s… [Read More]
R&R REIT Announces TSXV Acceptance of Normal Course Issuer Bid
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./ MISSISSAUGA, ON, Feb. 25, 2015 /CNW/– R&R Real Estate Investment Trust (the “REIT”) (TSXV: RRR.UN) today announced receipt of final acceptance from the TSX Venture Exchange… [Read More]
RioCan Real Estate Investment Trust Announces Strategic Venture With Hudson's Bay Company to Unlock Long-Term Value From Canadian Real Estate and Capitalize on Future Growth Opportunities
TORONTO, ONTARIO–(Marketwired – Feb. 25, 2015) – Earlier this morning RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) announced that it has agreed to form a joint venture with Hudson’s Bay Company (“HBC”) focused on real estate growth opportunities in Canada. The joint venture will enable RioCan and HBC to build on the strength of existing… [Read More]
Choice Properties Real Estate Investment Trust Reports Results for the Fourth Quarter Ended December 31, 2014
Completes First Full Fiscal Year with Solid Operating Performance and Financial Results TORONTO, Feb. 24, 2015 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) today announced its consolidated financial results for the fourth quarter and year end periods ended December 31, 2014. The Trust’s 2014 Annual Report will be available… [Read More]
Glass Lewis Recommends Brookfield Residential Shareholders Vote for the Arrangement
CALGARY, ALBERTA–(Marketwired – Feb. 24, 2015) – Brookfield Residential Properties Inc. (the “Company” or “Brookfield Residential“) (NYSE:BRP)(TSX:BRP) is pleased to announce that a second independent proxy advisory firm, Glass Lewis & Co., LLC (“Glass Lewis“), has recommended that shareholders vote FOR the special resolution to approve the plan of arrangement (the “Plan of Arrangement“) pursuant… [Read More]
Altus Group Reports Strong Fourth Quarter and 2014 Financial Results
Altus Group Delivers Double-Digit Revenue and Adjusted EBITDA Growth TORONTO, ONTARIO–(Marketwired – Feb. 24, 2015) – Altus Group Limited (“Altus Group” or “the Company”) (TSX:AIF), a leading provider of commercial real estate services, software and data solutions, announced today its financial and operating results for the fourth quarter and year ended December 31, 2014. Full… [Read More]
Altus Group Announces Appointment of New Chairman
TORONTO, ONTARIO–(Marketwired – Feb. 24, 2015) – Altus Group Limited (“Altus Group” or the “Company”) (TSX:AIF) is pleased to announce that Raymond C. Mikulich will serve as Chairman of the Company’s Board of Directors effective upon the conclusion of the 2015 Annual General Meeting (AGM), subject to Mr. Mikulich’s re-election by shareholders as a director… [Read More]
Brookfield Real Estate Services Inc. to Host Quarterly Conference Call Wednesday, March 11, 2015 at 10:00 A.M.
TORONTO, Feb. 24, 2015 /CNW/ – Brookfield Real Estate Services Inc. (TSX: BRE) today announced that it will host a conference call on Wednesday March 11, 2015 at 10:00 a.m. ET to discuss its fourth quarter and year-end financial results. To access the call by telephone, please dial (888) 231-8191 or (647) 427-7450. Please connect approximately… [Read More]