TORONTO, May 26, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce the results of the annual general and special meeting of the shareholders of StorageVault held on May 26, 2022 (the “Meeting”). A total of 264 shareholders holding an aggregate of 270,914,366 common shares of the Corporation were represented at… [Read More]
Minto Apartment REIT Reports Voting Results from Annual General Meeting of Unitholders
OTTAWA, ON, May 26, 2022 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced the results of voting at its Annual General Meeting of Unitholders held on May 26, 2022 (the “Meeting”). All of the nominees listed in the management information circular prepared in connection with the Meeting were… [Read More]
LANESBOROUGH REIT REPORTS 2022 FIRST QUARTER RESULTS
WINNIPEG, MB, May 26, 2022 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSXV: LRT.UN) today reported its operating results for the quarter ended March 31, 2022. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with interim management’s discussion & analysis â quarterly highlights… [Read More]
Report On Financial Results For The Three Months Ended March 31, 2022
TORONTO, May 26, 2022 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the three months ended March 31, 2022 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND… [Read More]
Genesis Land Development Corp. Reports Voting Results of Election of Directors
CALGARY, AB, May 25, 2022 /CNW/ – Genesis Land Development Corp. (“Genesis”) is pleased to report that at its annual meeting of shareholders held on May 25, 2022 that each of the nominees proposed by management as a director of Genesis were elected as directors. The detailed results of the vote by ballot are as… [Read More]
Starlight U.S. Residential Fund Acquires Class “A” Institutional Quality Multi-Family Property in Phoenix, Arizona Completing Full Deployment of Initial Public Offering Proceeds
/Not for distribution to U.S. newswire services or for dissemination in the United States./ TORONTO, May 25, 2022 /CNW/ – Starlight U.S. Residential Fund (TSXV: SURF.A) (TSXV: SURF.U) (the “Fund“) announced today that, further to its initial announcement on April 18, 2022, it has acquired a 90% interest in The Ventura at a purchase price of approximately… [Read More]
Firm Capital Property Trust Announces Closing $20.0 Million Bought Deal Financing of Trust Units
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 25, 2022 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX: FCD.UN) is pleased to announce that it has closed its previously announced “bought deal” public offering of 2,820,000 trust units (“Trust… [Read More]
Harden Celebrates a Ground-Breaking Ceremony for Quartier Beauharnois
This is the second commercial real estate project for Harden in the community as it continues to expand its footprint in the province
VAUDREUIL-DORION, Quebec–(BUSINESS WIRE)–Harden, a leading real estate company, celebrates the ground-breaking of their newest commercial real estate project in Beauharnois, Quebec. This project, Quartier Beauharnois, is the second one for the company in this community, the first being District Beauharnois completed in 2017, consisting of over 150 000 square feet of leasable area. With an investment of over $25 million, the project will include green spaces, an expansive shopping experience and reinforces Harden’s commitment to the communities in which they operate.
“We are thrilled to continue our relationship with the Beauharnois community by developing Quartier Beauharnois,” says Co-President and CEO, Tyler Harden. “At Harden, supporting communities and responding to their needs has always been at the forefront of our strategy. The success of District Beauharnois coupled with the tremendous growth of the market enabled us to make this investment. It is an honor and privilege to continue building in the Beauharnois community and leave a positive legacy for all residents and visitors to benefit from.”
“It is with great enthusiasm that we welcome this new project, by Harden, to the Beauharnois community,” says Alain Dubuc, Mayor of Beauharnois. “Quartier Beauharnois will increase the commercial services offered to our citizens, at a time when local economy is taking off. This type of project is part of a vision of urban vitality aimed at providing an attractive and diversified living environment for citizens and visitors.”
Quartier Beauharnois, easily accessible by highway 30, will consist of over 65 000 square feet of leasable area. The first phase, to be completed by the end of this year, will be anchored by a Super C of over 35 000 square feet. Super C will open its door Fall 2022. Up to ± 20,000 s.f. of gross leasable area will also be built and is available to lease, including a ± 11,625 s.f. building that will be subdividable to suit the needs of any future tenants. The project will include three pads with drive-thrus and patios (from ± 2,056 to 3,552 s.f.). Construction is expected to be fully completed in 2023.
About Harden
Established in 1985, Harden is a second generation, family-owned real estate company whose primary focus is owning and operating commercial, residential, and industrial properties in many communities throughout the provinces of Quebec and Ontario. Being vertically integrated enables them to specialize in all facets of the real estate development process, including, development, construction, leasing, and property management.
To learn more about Harden, please visit www.harden.ca
Contacts
Tia Giannone
Torchia Communications
514-999-1732
tia@torchiacom.com
Discovery Land Company Plans Global Expansion With Brett White and Michelle Ngo
BEVERLY HILLS, Calif.–(BUSINESS WIRE)–Luxury residential community developer Discovery Land Company has hired Brett White and Michelle Ngo to propel the company to a new era of international expansion. White, who now leads as Discovery’s CEO, and Ngo, Discovery’s new CFO, both began their roles in the first quarter of 2022.
White served as CEO and Executive Chairman of Cushman & Wakefield from 2015 through 2021. Prior to joining Cushman & Wakefield, White had a 28-year career with CBRE, serving as CEO from 2005 through 2012 and President from 2001 through 2005. At Discovery, Brett will use his decades of experience in real estate to lead all business and development operations as well as strategize for global expansion, new clubs, and current club oversight.
Ngo’s previous role was with Kilroy Realty Corporation, where she served 16 years culminating in her roles as Treasurer and then CFO. At Kilroy, Michelle provided leadership for capital markets, financial planning and analysis, investor relations, and accounting and treasury oversight. At Discovery, Ngo will lead all of Discovery’s global financial and accounting operations as well as Discovery’s technology division. Additionally, Ngo will set and execute business and growth strategy with executive leadership.
White identifies the passion of Discovery’s staff and members and the close connections formed at the properties as some of the most successful characteristics of the company. “Discovery’s members and teams include people with a passion for the business I’ve never seen before. It makes me believe that anything is possible for Discovery. I’ve worked 38 years in real estate, and I’ve never been this excited to get up and go to work,” White says.
Discovery’s Chairman and Founder Michael Meldman believes the new additions to the executive leadership will take Discovery to the next level. “These individuals are at the top of their fields, respectively. They are the exact kind of visionaries Discovery needs to grow our brand and to have an even more grand and more positive impact on member families all around the world,” says Meldman.
ABOUT DISCOVERY LAND COMPANY
Discovery Land Company is a US-based real estate developer and operator of private residential club communities and resorts with a world-renowned portfolio of domestic and international properties. Every community features unparalleled amenities and inspired experiences that cater to a family-oriented lifestyle. Driven by a commitment to excellence and innovation, Discovery’s distinguishing hallmark is a unique approach to each location that respectfully integrates the natural and cultural characteristics of the land that surrounds it. Some of Discovery Land Company’s properties include Baker’s Bay Golf and Ocean Club in the Bahamas; Gozzer Ranch Golf and Lake Club in Idaho; El Dorado and Chileno Bay in Los Cabos, Mexico; The Madison Club and Cordevalle Golf Club in California; Mirabel and The Estancia Club in Arizona; Yellowstone Club and Iron Horse Golf Club in Montana; Kuki’o and Makena in Hawaii; Mountaintop in North Carolina; and Summit in Las Vegas, Nevada.
Contacts
Whitney Kenson Kean
media@discoverylandco.com
SmartCentres Declares Distribution for May 2022
TORONTO, May 24, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of May 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on June… [Read More]
Halmont Properties Corporation First Quarter Results
TORONTO, May 24, 2022 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that net income to common shareholders for the three months ended March 31, 2022, was $866,000 as compared to net income of $662,000 for the three months ended March 31, 2021. (thousands, except per share amount) Three… [Read More]
Allied Announces Appointment of Hazel Claxton to the Board
TORONTO, May 24, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that Hazel Claxton has been appointed as a trustee of Allied (a “Trustee”) by the Trustees. She will hold office as a Trustee until the next annual meeting of unitholders or until her successor is elected or appointed…. [Read More]
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