• Sign up for the Daily Digest Email!
  • Twitter
  • Facebook
  • Google Plus One
  • RSS

REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada

  • Home
  • Headlines
  • Daily Digest Email
  • Canadian REITs

ERES Declares April 2025 Monthly Distribution

April 15, 2025 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, April 15, 2025 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the April 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit (the “April 2025 Distribution”), being equivalent to €0.06 per Unit annualized. The distribution… [Read More]

Allied Announces April 2025 Distribution

April 15, 2025 By Globenewswire Tagged With: TSX:AP.UN

TORONTO, April 15, 2025 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of April 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on May 15, 2025, to unitholders of record as… [Read More]

Colliers announces acquisition of Triovest

April 15, 2025 By Globenewswire Tagged With: TSX:CIGI

Solidifies Colliers’ position as Canada’s largest commercial real estate services provider TORONTO, April 15, 2025 (GLOBE NEWSWIRE) — Colliers (NASDAQ, TSX: CIGI) announced today that it has entered into a definitive agreement to acquire Triovest Inc. (“Triovest”), a leading Canadian commercial real estate services platform, from its owner, Coril Holdings. After closing, Triovest will rebrand… [Read More]

Flagship Communities Real Estate Investment Trust Announces April 2025 Cash Distribution

April 15, 2025 By Globenewswire Tagged With: TSX:MHC.U, TSX:MHC.UN

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, April 15, 2025 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0517 per REIT unit for the month of April 2025, representing US$0.62 per REIT unit on an annual basis…. [Read More]

Miro Karttunen appointed Managing Director of Colliers in Finland

April 15, 2025 By Globenewswire Tagged With: TSX:CIGI

Leader to accelerate expansion of Property Management services across the Nordics LONDON, April 15, 2025 (GLOBE NEWSWIRE) — Global diversified professional services and investment management company Colliers announced today that Miro Karttunen will become the Managing Director (MD) of Colliers in Finland, effective 1 August 2025. Karttunen will extend Colliers’ position as the market leader… [Read More]

The Real Brokerage to Host First Quarter 2025 Earnings Conference Call

April 15, 2025 By Business Wire

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, will release its financial results for the first quarter ended March 31, 2025, on Thursday, May 8, 2025, before the market open.


The Company will hold a conference call to discuss operating and financial results for the quarter at 8:00 a.m. ET. Investors wishing to join the live call can use the dial-in details provided below. An audio-only webcast of the call will be available on the Investor Relations section of the Company’s website at https://investors.onereal.com/ and can also be accessed directly through the link provided below. A replay will be available for one year.

Conference Call Details:

Date:

 

Thursday, May 8, 2025

Time:

 

8:00 a.m. ET

 

 

Dial-in Number:

 

North American Toll Free: 888-506-0062

 

International: 973-528-0011

Access Code:

 

209366

Webcast:

 

https://www.webcaster4.com/Webcast/Page/2699/52080

 

 

Replay Information:

Replay Number:

 

North American Toll Free: 877-481-4010

 

International: 919-882-2331

Access Code:

 

52080

Replay Link:

 

https://www.webcaster4.com/Webcast/Page/2699/52080

About Real

Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence in all 50 states throughout the U.S. and Canada, Real supports more than 27,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses. Additional information can be found on its website at www.onereal.com.

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to Real’s first quarter 2025 earnings call and the release of financial results.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns, Real’s ability to attract new agents and retain current agents, Real’s ability to successfully launch new products and features, including Real Wallet, and those risk factors discussed under the heading “Risk Factors” in the Company’s Annual Information Form dated March 6, 2025, and “Risks and Uncertainties” in the Company’s Quarterly Management’s Discussion and Analysis for the period ended December 31, 2024, copies of which are available under the Company’s SEDAR+ profile at www.sedarplus.ca.

These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Contacts

For additional information, please contact:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

Flagship Communities Real Estate Investment Trust to Host Conference Call for First Quarter 2025 Results

April 14, 2025 By Globenewswire Tagged With: TSX:MHC.U, TSX:MHC.UN

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, April 14, 2025 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MHC.UN) (“Flagship” or the “REIT”) today announced that senior management will host a conference call on Wednesday, May 14, 2025 at 8:30 a.m. ET to discuss the REIT’s… [Read More]

Kontrol Technologies Announces New Intended Normal Course Issuer Bid Through Cboe Canada

April 14, 2025 By Business Wire

TORONTO–(BUSINESS WIRE)–$KNR #esg–Kontrol Technologies Corp. (Cboe CA:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”) announces that it intends to implement a new Normal Course Issuer Bid (the “NCIB”) program to buy back common shares of Kontrol through the facilities of Cboe Canada Inc. (“Cboe Canada”) and/or alternative Canadian trading systems.


The NCIB has been approved by Kontrol’s board of directors and accepted by Cboe Canada and will be executed in accordance with the applicable rules and policies of Cboe Canada and any applicable Canadian securities laws. Pursuant to the NCIB, Kontrol may purchase, from time to time, over a period of 12 months starting April 14th, 2025, and ending April 14th, 2026, up to 2,757,858 common shares (representing 5 percent of the Company’s issued and outstanding common shares).

On any given day, during the NCIB, Kontrol may only purchase up to 29,688 common shares, which is equivalent to 25% of the average daily trading volume of 118,753 calculated based on the trading volumes over the past 6 months, and may purchase once per calendar week, in a block trade, a greater number of common shares in accordance with the applicable policies of Cboe Canada.

Purchases under the NCIB may commence as of April 14th, 2025 and will end on the earlier of: (i) April 14th, 2026; or (ii) the date on which Kontrol has purchased the maximum number of common shares to be acquired under the NCIB. All purchases made will be through the selected purchasing member, Ventum Financial Corporation, acting on behalf of Kontrol. The purchases will be made in accordance with the rules of Cboe Canada, through the facilities of Cboe Canada, or through alternative Canadian trading systems. The actual number of common shares which will be purchased, the timing of such purchases, and the price at which the common shares will be purchased by Kontrol will be aligned with the rules and policies of the Cboe Canada Listing Manual. The common shares purchased under the NCIB will be cancelled.

Kontrol’s Board of Directors believes that the market price of Kontrol’s common shares may from time to time not reflect the underlying value of Kontrol, specifically its growth opportunities, and that the proposed purchasing of its common shares is in the best interests of Kontrol and represents an appropriate use of corporate funds. It is expected that any purchases made by Kontrol could also enhance value and liquidity for its shareholders.

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud, and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions, and accelerate the sustainability of all buildings.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR+ at www.sedarplus.com.

Neither CIRO nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking information contained in this press release includes, but is not limited to, the following: future testing to be conducted by Kontrol of its products; the future success of any of Kontrol’s products; and customer demand relating to air quality and water testing products.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company; that future testing can be conducted as planned; that technology will be as effective as anticipated; that existing relationships and contracts entered into by the Company will continue on the same or similar terms, or at all; and that demand will continue for air quality or water monitoring products and for the Company’s products in particular.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that the Company’s technologies will not prove as effective as expected; that customers and potential customers will not be as accepting of the Company’s product and service offering as expected and/or that demand for such products and services will not continue; that the Company’s test results will not be replicated in the future or that future testing will not be conducted; that the Company will not maintain its existing relationships or contracts on the same terms or at all; and government and regulatory factors impacting the energy conservation industry.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events, or otherwise, or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

Contacts

Kontrol Technologies Corp.

Paul Ghezzi

CEO

info@kontrolcorp.com
1.844.566.8123

Granite REIT Notice of Conference Call for First Quarter 2025 Results

April 14, 2025 By Business Wire

TORONTO–(BUSINESS WIRE)–Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the first quarter ended March 31, 2025 after the close of markets on Wednesday, May 7, 2025.

Granite will hold a conference call and live audio webcast to discuss its financial results. The conference call will be chaired by Kevan Gorrie, President and Chief Executive Officer.

Conference Call:

Date:

 

Thursday, May 8, 2025 at 11:00 a.m. (ET)

 

 

 

Telephone:

 

North America (Toll-Free): 1-800-549-8228

 

 

International (Toll): 1-289-819-1520

 

 

 

Conference ID/Passcode:

 

15227

 

 

 

Webcast:

 

To access the live audio webcast in listen-only mode, please visit https://events.q4inc.com/attendee/860556702 or https://granitereit.com/events

To hear a replay of the webcast, please visit https://granitereit.com/events. The replay will be available for 90 days.

ABOUT GRANITE

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 143 investment properties representing approximately 63.3 million square feet of leasable area.

OTHER INFORMATION

Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval+ (SEDAR+) which can be accessed at www.sedarplus.ca and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov. For further information, please see our website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Senior Director, Legal & Investor Services, at 647-925-7504.

Contacts

Teresa Neto, Chief Financial Officer

647-925-7560

Andrea Sanelli, Senior Director, Legal & Investor Services

647-925-7504

Melcor REIT Announces Unitholder Approval of Plan of Arrangement

April 11, 2025 By Globenewswire Tagged With: TSX:MR.UN

EDMONTON, Alberta, April 11, 2025 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) is pleased to announce that at the special meeting of the holders of units (the “Units”) and special voting units (the “SVUs” and together with the Units, the “Voting Units”) of the REIT held today (the “Meeting”),… [Read More]

Sentinel Dock & Door Solutions Expands Into Quebec With Acquisition of Door Doctor

April 11, 2025 By Business Wire

TORONTO–(BUSINESS WIRE)–Sentinel Dock & Door Solutions (“Sentinel” or the “Company”) a network of Canadian dock and door service providers backed by Trivest Partners (“Trivest”), is pleased to announce its strategic acquisition of Door Doctor (“Door Doctor”), a premier provider of dock and door services headquartered in Montreal, Quebec. This acquisition marks Sentinel’s expansion into Eastern Ontario and Quebec and further solidifies its position as a national leader in the commercial dock and door industry.


Founded and led by President Gordon Lazare alongside his long-tenured business partner Andrew Selinsky, Vice President of Sales & Marketing, Door Doctor has established itself as the leading provider of commercial dock and door services in Quebec, with additional locations in Kingston, Ottawa, and Toronto. Door Doctor specializes in installation, repair, and maintenance services for overhead doors, loading docks, dock levelers, and related equipment, serving a diverse customer base across multiple regions.

“We are excited to welcome Door Doctor to the Sentinel platform,” said Travis Allan, CEO of Sentinel Dock & Door Solutions. “Door Doctor is a highly respected brand with an outstanding reputation for customer service and technical expertise. This strategic partnership allows us to significantly expand our geographic presence into Quebec, and Door Doctor’s experienced team will be instrumental in our continued growth.”

The acquisition of Door Doctor represents a highly strategic and transformational step for Sentinel, significantly expanding the Company’s footprint and enhancing its ability to service customers across Eastern Canada. Door Doctor will continue to operate under its established brand name while benefiting from Sentinel’s strategic resources, operational expertise, and extensive industry relationships.

“Joining Sentinel represents a significant milestone for Door Doctor,” said Gordon Lazare, President of Door Doctor. “We share Sentinel’s commitment to exceptional customer service and operational excellence. Partnering with Sentinel provides us with the opportunity to accelerate our growth, enhance our capabilities, and better serve our customers across Quebec and Ontario.”

“I’m thrilled to continue our 42-year journey by partnering with Sentinel,” added Andrew Selinsky, Vice President of Sales & Marketing at Door Doctor. “This collaboration is a pivotal moment for Door Doctor, enabling us to leverage their expertise to create a national platform and redefine the dock and door industry in Canada.”

Sentinel remains actively engaged in pursuing additional partnerships with industry-leading dock and door companies across Canada, providing strategic support and resources to accelerate growth while preserving each company’s legacy and brand reputation.

About Door Doctor

Door Doctor is a premier provider of commercial dock and door solutions headquartered in Montreal, Quebec, with additional service locations in Kingston, Ottawa, and Toronto. The company specializes in the installation, maintenance, and repair of overhead doors, loading docks, dock levelers, and related equipment. Known for its exceptional customer service and technical expertise, Door Doctor serves a diverse commercial and industrial customer base across Quebec and Ontario. To learn more, visit www.doordoctor.com.

About Sentinel

Sentinel Dock & Door Solutions is an acquisition platform focused on building a premier network of commercial dock and door service providers across Canada. Backed by Trivest Partners, Sentinel partners with high-quality operators, providing the resources and strategic support needed to accelerate growth while preserving each company’s legacy of service excellence. The platform was formed through the acquisitions of Lenworth, Pro Door, Mar-Lin, and Door Doctor and continues to expand through additional acquisitions. To learn more, visit www.sentineldds.com.

About Trivest

Trivest Partners is a leading private equity firm with four unique investment funds that focus exclusively on the support and growth of founder-led and family-owned businesses with both control and non-control transactions across the United States and Canada. Headquartered in Miami, with a presence in Charlotte, Chicago, Los Angeles, New York, and Toronto, the Firm has more than 50 portfolio companies as of January 2025. To learn more, visit www.trivest.com.

Contacts

Vince Enright

Sentinel Dock & Door

venright@sentineldds.com

Asad Dilawari

Trivest Partners

adilawari@trivest.com
(305) 858-2200

SmartStop Self Storage REIT Announces Closing of Underwritten Public Offering and Full-Exercise of Over-Allotment Option

April 10, 2025 By Business Wire

LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA), an internally-managed real estate investment trust and a premier owner and operator of self storage facilities in the United States and Canada, announced the closing of its underwritten public offering of 31,050,000 shares of its common stock, including 4,050,000 shares of its common stock issued upon the exercise in full by the underwriters of their option to purchase additional shares to cover over-allotments, at a public offering price of $30.00 per share, before underwriting discounts and commissions.


The net proceeds from the offering were approximately $874.4 million, after deducting underwriting discounts and commissions and estimated expenses of the offering payable by SmartStop. SmartStop used the net proceeds from the offering to redeem 100% of its issued and outstanding Series A Preferred Stock, pay down existing debt under its credit facility and repay an acquisition facility. Following such uses, SmartStop expects to use the remaining net proceeds to fund external growth with property acquisitions, and fund other general corporate uses.

Shares of SmartStop’s common stock began trading on April 2, 2025 on the New York Stock Exchange under the ticker symbol “SMA”, and the closing of the offering, including the over-allotment shares, occurred on April 3, 2025.

J.P. Morgan, Wells Fargo Securities, KeyBanc Capital Markets, BMO Capital Markets and Truist Securities acted as joint book-running managers for the offering. Baird, Stifel, National Bank of Canada Financial Markets, Raymond James and Scotiabank acted as bookrunners for the offering. BTIG, M&T Securities and Fifth Third Securities acted as co-managers for the offering.

A registration statement on Form S-11 (File No. 333-264449) relating to these securities was declared effective by the Securities and Exchange Commission on April 1, 2025. Copies of the final prospectus may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; Wells Fargo Securities, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, at (800) 645-3751 (option #5) or email a request to WFScustomerservice@wellsfargo.com; KeyBanc Capital Markets, Attention: Equity Syndicate, 127 Public Square, 7th Floor, Cleveland, OH 44114 or by fax at 1.216.689.0845; BMO Capital Markets Corp., Attention: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036 or by email at bmoprospectus@bmo.com; or Truist Securities, Inc., Attention: Equity Capital Markets, 3333 Peachtree Road NE, 9th Floor, Atlanta, GA 30326 at (800) 685-4786 or by email to truistsecurities.prospectus@truist.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 560 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs. As of December 31, 2024, SmartStop has an owned or managed portfolio of 208 operating properties in 22 states, the District of Columbia, and Canada, comprising approximately 148,000 units and 16.7 million rentable square feet. SmartStop and its affiliates own or manage 38 operating self-storage properties in Canada, which total approximately 33,000 units and 3.4 million rentable square feet.

Forward-Looking Statements

Certain statements contained in this press release, including statements relating to SmartStop’s expected use of proceeds, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management’s current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties described in SmartStop’s registration statement on Form S-11, as it may be amended from time to time. Except as required by law, SmartStop expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.

Contacts

David Corak
SVP of Corporate Finance & Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

  • « Previous Page
  • 1
  • …
  • 17
  • 18
  • 19
  • 20
  • 21
  • …
  • 1144
  • Next Page »

Sign up for the Daily Digest Email!

Receive the latest news stories from the REIT Report every morning for FREE!

100% Privacy. No SPAM. We promise.

Daily Movers

Ticker News Price Chg Chg%
d.un:ca$14.92.7118.16%
csh.un:ca$9.340.545.78%
ax.un:ca$6.920.223.13%
kmp.un:ca$17.730.623.5%
nwh.un:ca$8.020.222.69%
mrt.un:ca$5.24-0.01-0.19%
grt.un:ca$81.72-0.11-0.13%
hot.un:ca$2.53-0.01-0.39%
fcr.un:ca$15.35-0.05-0.32%
dir.un:ca$14.22-0.41-2.87%
 

Market Snapshot

  • Advertise
  • About
  • Contact
  • Privacy Policy

Copyright © 2025 · REIT REPORT