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]
Melcor REIT Announces 2014 Results
EDMONTON, ALBERTA–(Marketwired – March 3, 2015) – Annual Highlights Rental Revenue of $44.51 million for growth of 13% over 2013 Net rental income of $26.65 million for growth of 14% over 2013 Adjusted funds from operations (AFFO) grew 12% to $15.61 million or $0.76 per unit Debt to Gross Book Value (GBV) ratio of 50%,… [Read More]
CHC Student Housing Corp. Announces Annual Audited Financial Statements
TORONTO, ONTARIO–(Marketwired – March 2, 2015) – CHC Student Housing Corp. (“CHC” or the “Company”) (TSX VENTURE:CHC) is pleased to announce that it has filed its audited financial statements and related management’s discussion and analysis (“MD&A”) for the twelve months ended December 31, 2014. The financial statements and MD&A are available under CHC’s profile on… [Read More]
Brookfield Residential Acquires Grand Haven Homes in Central Texas
CALGARY, ALBERTA–(Marketwired – March 2, 2015) – Brookfield Residential Properties Inc. (“Brookfield Residential”) (NYSE:BRP)(TSX:BRP) today announced the acquisition of Grand Haven Homes, an Austin, Texas homebuilder. Grand Haven Homes was founded in 2006 and has closed more than 800 homes and currently builds in 15 communities across Central Texas. The company owns and controls approximately… [Read More]
Lanesborough REIT announces sale of light industrial property in Airdrie, Alberta
WINNIPEG, March 2, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today that it has agreed to sell a 33,936 square foot light industrial property located in Airdrie, Alberta for $4 million, subject to the customary closing adjustments. The sale price will be satisfied by the purchaser assuming the existing first… [Read More]
Holloway Lodging Corp. to release 2014 year-end results
/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, March 2, 2015 /CNW/ – Holloway Lodging Corporation (TSX: HLC, HLC.DB, HLC.DB.A) (“Holloway”) will release its 2014 year-end results on Wednesday, March 11, 2015. An investor conference call will take place on the following day, Thursday, March 12, 2015 at 1:00… [Read More]