– REIT Has an Option to Acquire an 85% Interest in the Property Following Stabilization at a 5% Discount to Market Value – OTTAWA, ON, Dec. 1, 2021 /CNW/ – Minto Apartment Real Estate Investment Trust (“the REIT”) (TSX: MI.UN) today announced an agreement to provide a convertible development loan of up to $19.6 million (the… [Read More]
NexLiving Announces Closing of First Tranche of Private Placement Offering
HALIFAX, NS, Dec. 1, 2021 /CNW/ – (TSXV: NXLV) NexLiving Communities Inc. (“NexLiving” or the “Company”) is pleased to provide an update on the previously announced non-brokered private placement (the “Private Placement”). The Company has closed on the first of two tranches and has issued 17,250,000 common shares at a price of $0.20 for gross proceeds of $3,450,000. The Company expects… [Read More]
SmartCentres Doubles Ownership in SmartVMC City Centre, Becomes Largest Landowner in the Vaughan Metropolitan Centre. SmartLiving Set to Grow.
TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “REIT”) (TSX:SRU.UN), announces a $513 million strategic acquisition of a two-thirds interest in 53 acres (“Acquired Lands”), in ‘SmartVMC’, the 100+ acre master-planned City Centre in the Vaughan Metropolitan Centre. This more than doubles SmartCentres’ interest in SmartVMC, uniting ownership… [Read More]
ERES REIT Boosts External Growth With Another €60MM Acquisition in the Netherlands
TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has completed the acquisition of a portfolio of two properties comprised of an aggregate 162 residential suites located in the Randstad region of the Netherlands (the “Panorama Portfolio”). The Panorama Portfolio includes one… [Read More]
RESAAS Adds Randall Miles to Board of Directors
VANCOUVER, BC, Nov. 29, 2021 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce the addition of Randall Miles to the Company’s Board of Directors. Mr. Miles has been a member of RESAAS’s Advisory Board since March 2021, and is currently Vice-Chair Board… [Read More]
Report on Financial Results for the Three and Nine Months Ended September 30, 2021
TORONTO, Nov. 26, 2021 (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 and nine months ended September 30, 2021 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS… [Read More]
NexLiving Announces Closing of Oversubscribed Marketed Common Share Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ HALIFAX, NS, Nov. 26, 2021 /CNW/ – (TSXV: NXLV) NexLiving Communities Inc. (“NexLiving” or the “Company”) is pleased to announce that it has closed today on its previously announced marketed offering of common shares (the “Offering”). Pursuant to the Offering, the Company… [Read More]
American Hotel Income Properties Reit LP Completes Bought Deal of US $50 Million of Convertible Debentures
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ VANCOUVER, BC, Nov. 26, 2021 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“, or the “Company“) (TSX: HOT.UN) (TSX: HOT.U) (TSX: HOT.DB.U) (TSX: HOT.DB.V) announced today the completion of its previously announced public offering (the “Offering“) on a bought deal basis of… [Read More]
Lanesborough REIT Reports 2021 Third Quarter Results
WINNIPEG, MB, Nov. 25, 2021 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSXV: LRT.UN) today reported its operating results for the quarter ended September 30, 2021. 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]
Media Advisory – Empire Company Limited Advisory of Q2 Fiscal 2022 Results Conference Call
STELLARTON, NS, Nov. 25, 2021 /CNW/ – Empire Company Limited (TSX: EMP.A) will release its second quarter fiscal 2022 results on December 9, 2021 at 6:30 a.m. (Eastern Standard Time). The release will be followed by a conference call beginning at 12:00 p.m. (Eastern Standard Time) with senior management. The dial-in numbers for the conference call… [Read More]
RioCan Real Estate Investment Trust appoints John Ballantyne to Chief Operating Officer
TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) is pleased to announce the appointment of John Ballantyne to the position of Chief Operating Officer (“COO”), effective January 1, 2022, a promotion from his current role as Senior Vice President, Asset Management. As RioCan’s COO, Mr…. [Read More]
Halmont Properties Corporation Third Quarter Results
TORONTO, Nov. 24, 2021 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that net income to common shareholders for the nine months ended September 30, 2021, was $1,887,000 as compared to net income of $2,444,000 for the nine months ended September 30, 2020. (thousands) Nine months ended … [Read More]
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