TORONTO, May 5, 2015 /CNW/ – Slate Retail REIT (the “REIT“) (TSX:SRT.UN) announced today that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass Lewis & Co., LLC, have both recommended that the REIT’s unitholders vote “FOR” the previously announced proposed acquisition by the REIT of Slate U.S. Opportunity (No. 3)… [Read More]
Terra Firma Capital Corporation Closes Bought Deal Offering of Common Shares
TORONTO, ONTARIO–(Marketwired – May 5, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES All amounts are stated in Canadian dollars. Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“) is pleased to announce that it has completed the previously announced bought deal offering of 16,911,900… [Read More]
RioCan Real Estate Investment Trust Announces 9% Growth in Operating Funds From Operations in the First Quarter of 2015
TORONTO, ONTARIO–(Marketwired – May 5, 2015) – RioCan’s HIGHLIGHTS for the three months ended March 31, 2015 (“First Quarter”) were: RioCan’s Operating Funds From Operations (“Operating FFO”) increased 8.8% to $138 million for the three months ended March 31, 2015 compared to $127 million for the same period in 2014. On a per unit basis,… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces First Quarter 2015 Results and Conference Call Details
TORONTO, May 4, 2015 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (the “Company”) is pleased to report continued strong financial results for the quarter ended March 31, 2015. First Quarter Highlights Net income totaled $1.1 million, a slight decrease from $1.2 million in Q1 of 2014 Income from operations totaled $1.4 million,… [Read More]
Trez Capital Mortgage Investment Corporation Announces First Quarter 2015 Results and Conference Call Details
TORONTO, May 4, 2015 /CNW/ – Trez Capital Mortgage Investment Corporation (TSX: TZZ) (the “Company”) is pleased to report financial results for the quarter ended March 31, 2015. First Quarter Highlights Net income for the quarter totaled $2.7 million, a decrease from $3.9 million in Q1 of 2014 Income from operations totaled $2.9 million, a decrease… [Read More]
Slate Retail REIT Announces Acquisition of Shopping Centre in Illinois
TORONTO, May 4, 2015 /CNW/ – Slate Retail REIT (the “REIT”) (TSX: SRT.U / SRT.UN) today announced that it has entered into a binding agreement to purchase Plaza St. Clair, an 80% occupied, 97,459 square foot grocery-anchored shopping centre located in Fairview Heights (St. Louis MSA), Illinois for U.S.$7,200,000 million (U.S. $74 per square foot). The… [Read More]
Firm Capital Property Trust Announces Solid Quarterly Results and Balance Sheet Positioned for Growth
TORONTO, May 4, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its consolidated interim financial results for the three months ended March 31, 2015. FIRST QUARTER HIGHLIGHTS Three Months Ended March 31, 2015 (“Q1/2015“) FFO and AFFO of $0.97 million and $0.95 million, which is a 21% and… [Read More]
First Capital Realty Announces Q1 Results
TORONTO, May 4, 2015 /CNW/ – First Capital Realty Inc. (“First Capital Realty”) (TSX: FCR) Canada’s leading owner, developer and manager of grocery anchored urban properties, announced today financial results for the three months ended March 31, 2015. QUARTER HIGHLIGHTS Operating FFO Per Share Stable to Prior Year: Operating FFO (1) (previously referred to as “FFO excluding… [Read More]
Chartwell Acquires Isabella Retirement Living
MISSISSAUGA, ONTARIO–(Marketwired – May 4, 2015) – Chartwell Retirement Residences (“Chartwell”) (TSX:CSH.UN) announced today it has acquired Isabella Retirement Living, a 94-suite retirement residence in Thunder Bay, Ontario. The close is effective immediately and the purchase price, before closing costs, was $22.1 million. Located in the Vickers Park neighbourhood of Thunder Bay, Isabella Retirement Living… [Read More]
Brookfield Johnson Controls to Become Brookfield Global Integrated Solutions
TORONTO, ONTARIO–(Marketwired – May 4, 2015) – Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM)(EURONEXT:BAMA) (“Brookfield”) announced today that its integrated facilities and project management services business in Canada, Australia and New Zealand will be rebranded as Brookfield Global Integrated Solutions. With a team of 4,000+ dedicated professionals worldwide, Brookfield Global Integrated Solutions inspires better business performance across… [Read More]
Retrocom Announces $80 Million Refinancing of Southland Mall, Regina
TORONTO, ONTARIO–(Marketwired – May 4, 2015) – NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY NON-CANADIAN SOURCE Retrocom Real Estate Investment Trust (the “REIT”) (TSX:RMM.UN) announced today the refinancing of its Southland Mall in Regina, Saskatchewan. As a result of the redevelopment of this shopping centre in 2013, the REIT has secured a… [Read More]
Retrocom Real Estate Investment Trust to Redeem 6.75% Convertible Unsecured Subordinated Debentures Due July 31, 2015
TORONTO, ONTARIO–(Marketwired – May 1, 2015) – NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY NON-CANADIAN SOURCE Retrocom Real Estate Investment Trust (TSX:RMM.UN)(TSX:RMM.DB) (the “REIT”) announced today that it will redeem on June 3, 2015 (the “Redemption Date”) all of its 6.75% convertible unsecured subordinated debentures due July 31, 2015 (the “6.75% Debentures”)… [Read More]