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BTB Announces its Distribution for the Month of March 2021

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MONTRÉAL, March 10, 2021 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) announced today that the monthly cash distribution for the month of March 2021 is $0.025 per unit, representing $0.30 per unit on an annualized basis. The cash distribution will be paid April 15th, 2021 to unitholders of… [Read More]

Artis Unveils Business Transformation Plan, Announces Board Chair Change, Management Changes and a Distribution Increase

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Artis defines value investing strategy with a goal of becoming an equity compounder; Plan for monetization of Artis’ real estate assets to redeploy capital in active real estate capital markets investments, value-add real estate, and developments to drive significant value creation; Ben Rodney is appointed Chair of the Board of Trustees; Senior Management Changes: Samir… [Read More]

Empire’s Project Horizon Strategy Benefits Take Hold in Strong Third Quarter Fiscal 2021 Results

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Third Quarter Summary Same-store sales excluding fuel increased by 10.7% Earnings per share of $0.66 an increase of 47% compared to $0.45 last year Project Horizon growth plan on track E-commerce sales growth of 315% 37 FreshCo locations in Western Canada confirmed; 23 stores now open $100 million of shares purchased to date STELLARTON, NS,… [Read More]

BSR REIT Announces Strong 2020 Financial Results With Impressive Capital Recycling

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– Same Community NOI increased 2.7% for the year, REIT positioned for growth – LITTLE ROCK, AR and TORONTO, March 9, 2021 /CNW/ – BSR Real Estate Investment Trust (“BSR”, or the “REIT”) (TSX: HOM.U) (TSX: HOM.UN) today announced its financial results for the three months and year ended December 31, 2020 (“Q4 2020” and “FY… [Read More]

RESAAS Adds Randall Miles to Advisory Board

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VANCOUVER, BC, March 9, 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 Advisory Board. Mr. Miles has over 25 years’ experience in senior management, corporate finance, private equity, business development and merchant banking…. [Read More]

FirstService Adds to California Closets Company-Owned Operations

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TORONTO, March 09, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it has further expanded its California Closets company-owned operations with the acquisition of its Minneapolis franchise. With this transaction, California Closets now has 20 company-owned operations among its 80 total franchised territories. Terms of the transaction were not… [Read More]

Colliers Acquires Specialty Engineering & Design Firm

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TORONTO and MIAMI, March 08, 2021 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced that its Colliers Engineering & Design (“Colliers E&D”) operating unit has acquired Bolton Perez & Associates (“BPA”), a Miami-based transportation engineering and design firm. The new addition will immediately rebrand as… [Read More]

Timbercreek Financial Announces 2020 Fourth Quarter Results

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TORONTO, March 08, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and year ended December 31, 2020 (“Q4 2020”). Q4 2020 Highlights Delivered distributable income of $14.6 million and paid $14.0 million in dividends to shareholders  Generated $0.18 in distributable income per share (95.4%… [Read More]

Artis Real Estate Investment Trust Announces Expected Timing of 100-Day Review Announcement

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WINNIPEG, MB, March 5, 2021 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that the Board of Trustees expects to announce the result of the 100-day review and Artis’ go-forward vision and strategy on Wednesday, March 10, 2021 before the market opens. Interested parties are invited to participate in… [Read More]

Bridgemarq Real Estate Services Reports Annual Financial Results and Monthly Dividend

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TORONTO, March 5, 2021 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq” or the “Company”) (TSX: BRE) announced today its annual consolidated financial results for 2020 and the approval of a monthly dividend to holders of the Company’s restricted voting shares. HIGHLIGHTS Revenue for 2020 was $40.3 million compared to $44.3 million for 2019.  The Company… [Read More]

BSR Announces Minimal Damage From Historic Winter Storm

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LITTLE ROCK, Ark. and TORONTO, March 4, 2021 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) (TSX: HOM.UN) provided an update today on the impact of the historic 2021 winter storm occurring Feb. 13th –17th affecting the REIT’s markets in Texas, Arkansas and Oklahoma. As of February 28, 2021, BSR has incurred approximately $0.1… [Read More]