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Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of February, 2022

February 15, 2022 By Business Wire

Not for distribution to U.S. News Wire Services or dissemination in the United States

TORONTO–(BUSINESS WIRE)–#valueforgenerations–Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of February, 2022 of $0.061667 per trust unit, representing $0.74 per trust unit on an annualized basis, payable on March 15, 2022 to Unitholders of record at the close of business on February 28, 2022.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedar.com.

Contacts

Mario Barrafato

Chief Financial Officer

Choice Properties REIT

(416) 628-7872

Mario.Barrafato@choicereit.ca

Tokens.com Acquires Additional Metaverse Real Estate in Decentraland’s Fashion District

February 15, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or “the Company”), a publicly-traded company that invests in Web3 crypto assets linked to the Metaverse, Decentralized Finance (“DeFi”), Non-Fungible Tokens (“NFTs”) and Play-to-Earn Gaming (“P2E”), is pleased to share that its subsidiary, Metaverse Group, has purchased an additional 49 parcels in Decentraland’s Fashion District.

The additional parcels are contiguous to the record breaking Fashion Street Estate that Metaverse Group purchased in 2021, and totals to the equivalent of over 132,000 square feet. In total, Metaverse Group owns the physical equivalent of approximately 450,000 square feet in Decentraland’s Fashion District.

“With the increased focus on fashion in the Metaverse, we are strategically increasing our ownership in the Fashion District of Decentraland through land that is contiguous to the land we own that is hosting Decentraland’s Fashion Week,” said Andrew Kiguel, CEO of Tokens.com and Executive Chairman of Metaverse Group. “This purchase makes us the largest owner of contiguous property in the Fashion District. This is inline with our vision of building the marquee shopping area in the Metaverse to attract retailers and visitors.”

Tokens.com’s Fashion Street Estate will be hosting Decentraland’s first ever virtual Fashion Week set to take place on March 24th to 27th. The event will feature catwalks, avatar supermodels, pop-up shops, afterparties and immersive visitor experiences.

“As we grow our portfolio of Metaverse real estate, we can provide better options, and more immersive experiences to support brands seeking to establish a presence,” commented Lorne Sugarman, CEO of Metaverse Group.

About Metaverse Group

The Metaverse Group is a vertically integrated NFT based Metaverse real estate company. The group, with its global headquarters in Decentraland’s Crypto Valley, also owns an eight figure real estate portfolio across many leading virtual worlds. The company intends to continue to purchase, develop and rent out its portfolio of real estate assets. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.

For further information please visit https://metaversegroup.com.

Brands or virtual land owners interested in partnering with Metaverse Group should contact: Info@metaversegroup.com.

About Decentraland

Decentraland is the first fully decentralized virtual world. Powered by DAO, which owns the most important smart contracts and assets of Decentraland. Decentraland is a software running on Ethereum that seeks to incentivize a global network of users to operate a shared virtual world. Decentraland users can buy and sell digital real estate, while exploring, interacting and playing games within this virtual world.

For further information please visit https://decentraland.org.

About Tokens.com

Tokens.com Corp is a publicly traded Web3 company that owns an inventory of Metaverse, P2E, DeFi and NFT based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in Play-to-Earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.

Visit Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities at Twitter, LinkedIn, and YouTube.

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO

Telephone: +1-647-578-7490

Email: contact@tokens.com

Jennifer Karkula, Head of Communications

Email: contact@tokens.com

Media:

Ryleigh Ebron – Talk Shop Media

Email: ryleigh@talkshopmedia.com

H.I.G. Realty Recapitalizes Self Storage Platform in the U.K.

February 15, 2022 By Business Wire

LONDON–(BUSINESS WIRE)–#24HourAccess–H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with over $47 billion of equity capital under management, announced today that an affiliate has acquired an interest in Titan Storage Solutions (“Titan”), a fast growing self-storage operator and owner of 5 assets for a total of 142,000 sq. ft.

Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty in London, commented: “We are delighted to complete this transaction in line with our strategy of investing in platforms with strong underlying secular trends. With platforms in the cold-storage, film-production and life-sciences sectors, we are focused on building best-in-class businesses which can achieve critical mass.”

Stelios Theodosiou, Managing Director at H.I.G. Europe Realty Partners, added: “The transaction demonstrates our ability to structure joint ventures with high quality partners focused on creating best-in-class platforms in undersupplied markets. Titan’s digital approach to asset procurement and ramp-up has led to a sustainable, future-proof business model. We will continue to develop the platform with a view to create a regional champion in the UK self-storage market.”

About H.I.G. Capital

H.I.G. is a leading global alternative assets investment firm with over $47 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Rio de Janeiro, São Paulo and Bogotá, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach:

  1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
  2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
  3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
  4. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.

Contacts

Riccardo Dallolio

Managing Director

rdallolio@higrealty.com

H&R REIT Reports Fourth Quarter and 2021 Annual Results

February 15, 2022 By NewsWire Tagged With: TSX:HR.UN

Enhanced geographical exposure, improved asset mix, strengthened balance sheet and NCIB utilization TORONTO, Feb. 14, 2022 /CNW/ – H&R Real Estate Investment Trust (“H&R” or “the REIT”) (TSX: HR.UN) is pleased to announce its financial results for the year ended December 31, 2021.  SIGNIFICANT 2021 HIGHLIGHTS Transformational Strategic Repositioning Plan: On October 27, 2021, H&R announced… [Read More]

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES 10% OWNERSHIP, TOGETHER WITH ITS JOINT ACTORS, IN DREAM OFFICE REIT

February 14, 2022 By NewsWire Tagged With: TSX:AX.UN

WINNIPEG, MB, Feb. 14, 2022 /CNW/ – Artis Real Estate Investment Trust (“Artis”) announced today that on February 14, 2022, it acquired an aggregate of 34,900 REIT Units, Series A (“Units”) of Dream Office Real Estate Investment Trust (“Dream Office”) (TSX: D.UN) in the open market through the facilities of the Toronto Stock Exchange at… [Read More]

Firm Capital Property Trust Announces Closing of the Previously Announced Acquisition of 135 Unit Multi-Residential Building for $55.0 Million

February 14, 2022 By Globenewswire Tagged With: TSX-V:FCD.UN

TORONTO, Feb. 14, 2022 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of the previously announced acquisition of one multi-residential building consisting of 135 units located in Pointe Claire, Quebec (the “Property”) for approximately $55.0 million, excluding transaction costs. Completed in 2021, this condominium… [Read More]

SmartCentres 2021 Fourth Quarter and Year-End Results and Conference Call

February 14, 2022 By Globenewswire Tagged With: TSX:SRU.UN

TORONTO, Feb. 14, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) announced today that it will issue its financial results for the three months and year ending December 31, 2021 on Tuesday, February 15, 2022. SmartCentres will hold a conference call on Wednesday, February 16, 2022 at 11:00… [Read More]

FirstService Declares 11% Increase to Quarterly Cash Dividend

February 14, 2022 By Globenewswire Tagged With: TSX:FSV

TORONTO, Feb. 14, 2022 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.1825 per Common Share and declared a quarterly dividend of US$0.2025 per Common… [Read More]

MAINSTREET EQUITY CORP. ANNOUNCES Q1 2022 RESULTS

February 14, 2022 By NewsWire Tagged With: TSX:MEQ

CALGARY, AB, Feb. 14, 2022 /CNW/ – In Q1 2022, Mainstreet achieved double-digit, year-over-year growth across its three most important operating metrics. Net operating income (“NOI”) and revenues increased 12%, while funds from operations (“FFO”) saw their fourth consecutive quarter of double-digit growth at 10%. Bob Dhillon, Founder, President & CEO of Mainstreet, said, “Our… [Read More]

LANESBOROUGH REIT ANNOUNCES APPROVAL OF A PROPOSED TRANSACTION TO RESTRUCTURE ITS CONVERTIBLE DEBENTURES

February 11, 2022 By NewsWire Tagged With: TSX:LRT.UN

WINNIPEG, MB, Feb. 11, 2022 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT“) (TSXV: LRT.UN) today announces that the holders (“Debentureholders“) of the outstanding 5.00% Series G redeemable subordinated secured debentures due June 30, 2022 (the “Debentures“) voting at the special meeting of the Debentureholders held today approved an extraordinary resolution approving the exchange of the… [Read More]

Chartwell Fourth Quarter 2021 Results Conference Call Time Change

February 11, 2022 By NewsWire Tagged With: TSX:CSH.UN

MISSISSAUGA, ON, Feb. 11, 2022 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today a change in time of its fourth quarter 2021 results conference call to 9:00 AM ET on February 25, 2022. The telephone numbers for the conference call are: Local: 416-340-2217 Toll Free: 1-800-898-3989 Passcode: 1251063# The conference call can also… [Read More]

PRIMARIS REAL ESTATE INVESTMENT TRUST ANNOUNCES DISTRIBUTION FOR FEBRUARY 2022

February 11, 2022 By NewsWire Tagged With: TSX:PMZ.UN

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Feb. 10, 2022 /CNW/ – Primaris Real Estate Investment Trust (TSX: PMZ.UN) announced today that its Board of Trustees has a declared a distribution of $0.0667 per unit for the month of February, 2022, representing $0.80 per unit on an… [Read More]

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