TORONTO, Jan. 26, 2015 /CNW/ – Regal Lifestyle Communities Inc. (“Regal”) (TSX:RLC) will issue its financial results for the three and twelve months ended December 31, 2014 on the afternoon of February 20, 2015. Simon Nyilassy, President and Chief Executive Officer and Harold Atterton, Chief Financial Officer, will host a conference call on Monday, February 23,… [Read More]
Summit Industrial Income REIT to Acquire Four Greater Toronto Area Industrial Properties
TORONTO, Jan. 26, 2015 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed its customary due diligence and waived certain conditions to acquire the previously-announced portfolio of four single-tenant properties located in the Greater Toronto Area (GTA) totaling 339,404 square feet of Gross Leasable Area (GLA) for… [Read More]
Cominar Real Estate Investment Trust to Announce its Fourth Quarter and Year-End 2014 Results on February 26, 2015
QUÃBEC CITY, Jan. 26, 2015 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today that it will release its financial results for the fourth quarter and year ended December 31, 2014 on Thursday, February 26, 2015. Management will also hold a conference call on the same day at… [Read More]
Holloway Lodging Corp. announces sale of Ramada® hotel in Trenton, ON
/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Jan. 26, 2015 /CNW/ – Holloway Lodging Corporation (TSX: HLC, HLC.DB, HLC.DB.A) (“Holloway”) announces that it has sold the Ramada® hotel located in Trenton, Ontario. The sale price for the hotel was $4.0 million. Holloway acquired the hotel through its acquisition… [Read More]
Mainstreet Grows B.C. Portfolio with 331 Unit Acquisition
CALGARY, Jan. 26, 2015 /CNW/ – Mainstreet Equity Corporation (TSX: MEQ) (“Mainstreet” or the “Company”), announced today that it has completed the acquisition of a 331-unit, five-building rental apartment complex (the “Property”) in the Greater Vancouver Area (“Vancouver”). Located in the Vancouver suburb of Surrey, British Columbia, this Property was purchased for $33.7 million which… [Read More]
Northern Property REIT Announces Timing of Fourth Quarter & Full Year 2014 Earnings
CALGARY, Jan. 23, 2015 /CNW/ – Northern Property Real Estate Investment Trust (NPR.UN) will release its fourth quarter & full year 2014 earnings on March 11, 2015, to be followed by a conference call on March 12, 2015, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time. Participating on the call will be Mr. Todd Cook… [Read More]
Brookfield to Establish Global Facilities Management Business
NEW YORK, NEW YORK–(Marketwired – Jan. 23, 2015) – Brookfield Asset Management Inc. (“Brookfield”) announced today that it has reached an agreement to acquire the other 50% of its Canadian and Australian facilities management businesses from Johnson Controls Inc. for approximately US$200 million. This acquisition will facilitate a merger with its wholly owned businesses in… [Read More]
American Hotel Income Properties REIT LP commences new railway growth strategy
VANCOUVER, Jan. 23, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the commencement of a new railway growth strategy involving the construction of additional guestrooms at existing, high occupancy Oak Tree Inn railway hotels. The first opportunity involves a commitment with SunOne Developments Inc. (“SunOne“) to construct a… [Read More]
CHC Realty Capital Corp. Announces Property Acquisition
TORONTO, ONTARIO–(Marketwired – Jan. 22, 2015) – CHC Realty Capital Corp. (“CHC” or the “Company”) (TSX VENTURE:CHC) is pleased to announce that it has entered into an arm’s length agreement dated as of January 15, 2015 to acquire a student housing property located at 2 Taylorwood Road in Oshawa, Ontario next to the University of… [Read More]
Artis Real Estate Investment Trust Receives LEED® Certification at Eight Office Properties
WINNIPEG, MANITOBA–(Marketwired – Jan. 22, 2015) – Artis Real Estate Investment Trust (TSX:AX.UN) (“Artis” or the “REIT”) announced today that, as part of its commitment to promoting the use of energy efficient landlord and tenant practices and reduce potential adverse effects on the environment, it received Leadership in Energy & Environmental Design (LEED) certification at… [Read More]
Cominar Announces Bought Deal Financing for Gross Proceeds of $135 Million
QUEBEC CITY, QUEBEC–(Marketwired – Jan. 22, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. Cominar Real Estate Investment Trust (“Cominar”) (TSX:CUF.UN) announced today that it has entered into an agreement to sell, on a bought deal basis, 6,871,000 trust units (“Units”) from treasury to a syndicate of underwriters… [Read More]
Morguard REIT announces normal course issuer bid
MISSISSAUGA, ON, Jan. 22, 2015 /CNW/ – Morguard Real Estate Investment Trust (TSX: MRT.UN) (“Morguard”) announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and/or alternative Canadian trading platforms. The notice provides that Morguard may, during the twelve month… [Read More]