/NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ TORONTO, Dec. 21, 2021 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) today announced additional information regarding the participation of insiders of MCAN in the rights offering of the Company that expired on December 8, 2021 (the “Rights Offering”)…. [Read More]
Timbercreek Financial Declares December 2021 Dividend
TORONTO, Dec. 21, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on January 14, 2022 to holders of Common Shares of record on December 31, 2021. The Company… [Read More]
Starlight U.S. Residential Fund Completes Acquisition of Class “A” Institutional Quality Multi-Family Property in Austin, Texas
Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Dec. 21, 2021 /CNW/ – Starlight U.S. Residential Fund (TSXV: SURF.A) (TSXV: SURF.U) (the “Fund“) announced today that, further to its initial announcement dated December 14, 2021, it has acquired Emerson at Buda (“Emerson“), a Class “A” institutional quality multi-family property… [Read More]
COMINAR UNITHOLDERS APPROVE ACQUISITION BY CANDEREL-LED CONSORTIUM
QUÃBEC CITY, Dec. 21, 2021 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT“) (TSX: CUF.UN) today announced that holders (the “Unitholders“) of units of Cominar (the “Units“) have approved the proposed arrangement (the “Arrangement“) pursuant to which all of Cominar’s issued and outstanding Units would be acquired for $11.75 per Unit in cash… [Read More]
Canada’s commercial real estate sector is poised for recovery and growth in 2022: Morguard
Multi-suite residential rental fundamentals will gradually strengthen during 2022, as demand is bolstered by increased immigration and loosening of pandemic restrictions Office property investment activity remained relatively muted over the recent past, due primarily to the sector’s somewhat uncertain outlook. Industrial real estate is predicted to continue outperforming in 2022, keeping with the trend of… [Read More]
EARLY WARNING REPORT ISSUED PURSUANT TO NATIONAL INSTRUMENT 62-103 – JOHN S. BAILEY REPORTS UNITHOLDINGS IN BSR REAL ESTATE INVESTMENT TRUST
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ LITTLE ROCK, Ark. and TORONTO, Dec. 21, 2021 /CNW/ – This press release is being disseminated as required by National Instrument 62â103 – The Early Warning System and Related Take Over Bids and Insider Reporting Issues (“NI 62-103”) in connection… [Read More]
Starlight Capital Announces 2022 Cash Distributions for Listed ETFs
TORONTO–(BUSINESS WIRE)–Starlight Investments Capital LP (“Starlight Capital”), announced today the 2022 monthly distributions for its exchange-traded funds (ETFs) – The Starlight Global Infrastructure Fund (NEO:SCGI.UN) and Starlight Global Real Estate Fund (NEO:SCGR.UN). Unitholders of record will receive cash “per-unit” distributions as per the below schedule:
|
Starlight Global |
Starlight Global |
Ex-Div Date |
Record Date |
Payable Date |
|
$0.0477 |
$0.0485 |
4/Jan/22 |
5/Jan/22 |
8/Jan/22 |
|
$0.0477 |
$0.0485 |
5/Feb/22 |
8/Feb/22 |
12/Feb/22 |
|
$0.0477 |
$0.0485 |
5/Mar/22 |
8/Mar/22 |
12/Mar/22 |
|
$0.0477 |
$0.0485 |
1/Apr/22 |
5/Apr/22 |
9/Apr/22 |
|
$0.0477 |
$0.0485 |
7/May/22 |
10/May/22 |
14/May/22 |
|
$0.0477 |
$0.0485 |
4/Jun/22 |
7/Jun/22 |
11/Jun/22 |
|
$0.0477 |
$0.0485 |
2/Jul/22 |
5/Jul/22 |
9/Jul/22 |
|
$0.0477 |
$0.0485 |
6/Aug/22 |
9/Aug/22 |
13/Aug/22 |
|
$0.0477 |
$0.0485 |
2/Sep/22 |
3/Sep/22 |
10/Sep/22 |
|
$0.0477 |
$0.0485 |
1/Oct/22 |
4/Oct/22 |
8/Oct/22 |
|
$0.0477 |
$0.0485 |
5/Nov/22 |
8/Nov/22 |
12/Nov/22 |
|
$0.0477 |
$0.0485 |
3/Dec/22 |
6/Dec/22 |
10/Dec/22 |
For eligible unitholders, a distribution reinvestment plan is available. Interested unitholders should contact their brokers and consult the full text of the plan. A copy of the plan is available on www.sedar.com or can be requested from our Advisor and Investor Experience Department (contact details below).
The tax composition of the ETFs’ distributions will be determined on an annual basis and will be available only after the ETF’s tax year-end.
About Starlight Global Infrastructure Fund
The fund’s investment objective is to provide regular current income by investing globally in companies with either direct or indirect exposure to infrastructure.
About Starlight Global Real Estate Fund
The fund’s investment objective is to provide regular current income by investing globally primarily in real estate investment trusts (REITs) and equity securities of corporations participating in the residential and commercial real estate sector.
About Starlight Capital and Starlight Investments
Starlight Capital is an independent asset management firm offering mutual funds, exchange-traded funds, offering memorandum funds and structured products. Our goal is to deliver superior risk adjusted returns to investors through a disciplined investment approach, Focused Business Investing. Starlight Capital is a wholly owned subsidiary of Starlight Investments. Starlight Investments is a privately held, full service, real estate investment and asset management company. The firm manages over $20.0 billion of assets on behalf of institutional joint ventures as well as publicly listed REITs, closed end funds and investment funds and is driven by an experienced team of over 300 professionals. Please visit us at www.starlightcapital.com and connect with us on LinkedIn.
Contacts
Marco Drumonde
Director, Advisor & Investor Experience
1-647-245-2045
mdrumonde@starlightcapital.com
Atkore Inc. Announces Acquisition of Sasco Tubes & Roll Forming Inc.
HARVEY, Ill.–(BUSINESS WIRE)–Atkore Inc. (“Atkore”), today announced the acquisition of Sasco Tubes & Roll Forming Inc., a Canadian manufacturer of metal framing and related products serving the electrical, mechanical, construction and solar industries (www.sascostrut.com).
“With more than 65 years in the industry, Sasco has developed an extensive range of sizes, gauges and multiple combinations of strut channels and fittings,” commented Mark Lamps, President of Atkore’s Safety & Infrastructure business. He added, “This acquisition complements Atkore’s existing product portfolio and enables us to improve the customer experience by providing a broader range of solutions.”
Sasco Tubes & Roll Forming Inc. is headquartered in Toronto, Ontario, Canada with approximately 50 employees. It will continue operating at its current location. Terms of the sale are undisclosed.
About Atkore Inc.
Atkore is forging a future where our employees, customers, suppliers, shareholders and communities are building better together – a future focused on serving the customer and powering and protecting the world.
With a global network of manufacturing and distribution facilities worldwide, Atkore is a leading provider of electrical, safety and infrastructure solutions.
To learn more, please visit www.atkore.com.
Contacts
Lisa Winter
Vice President – Communications
Atkore
708 225-2453
StorageVault Completes the Purchase of 2 Storage Assets for $31 Million for a Total of $270 Million for Fiscal 2021; Issues Options
TORONTO, Dec. 20, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its October 13, 2021 and November 16, 2021 news releases, it has completed the acquisition of 2 stores (collectively, the “Acquisitions”) from two arm’s length vendor groups (collectively, the “Vendors”), for an aggregate purchase price of… [Read More]
Genesis Land Development Corp. Announces Closing of $30 Million Rights Offering
/NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS./ CALGARY, AB, Dec. 20, 2021 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (“Genesis”, the “Company” or “we”) today announced the closing of its previously announced rights offering (the “Rights Offering”)… [Read More]
Firm Capital Property Trust Files Preliminary Base Shelf Prospectus
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 20, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV : FCD.UN) announced today that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in… [Read More]
Nexus REIT Announces December Distribution
TORONTO and MONTREAL, Dec. 20, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today the declaration of the December distribution. The REIT will make a cash distribution in the amount of $0.05333 per unit, representing $0.64 per unit on an annualized basis, payable January 14, 2022 to unitholders… [Read More]
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