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PROREIT Announces Proposed Acquisition of 12 Industrial Assets for $86.8 Million and $50 Million Private Placement

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/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITEDSTATES NEWS OR WIRE SERVICES./ Acquisition of 12 institutional-quality industrial assets comprising 572,000 square feet of GLA Transaction to increase PROREIT portfolio to 5.0 million square feet of GLA and approximately $700 million Gross Book Value1 on pro forma basis Increased exposure to industrial segment,… [Read More]

Summit Industrial Income REIT to Acquire Prime Montreal Property for $183.3 Million

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TORONTO, ON, March 15, 2021 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a modern 765,145 square foot logistics and office complex well-located in Saint-Laurent, Quebec, a suburb of the Greater Montreal Region. Minutes from Montreal-Trudeau Airport and with excellent… [Read More]

Mainstreet Equity Corp held Annual Shareholder Meeting on March 12, 2021

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CALGARY, AB, March 12, 2021 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX: MEQ) is pleased to announce the results of the annual meeting of shareholders held on March 12, 2021 (the “Meeting”). The meeting had a very strong shareholder turnout with holders of approximately 87% of the issued and outstanding common shares represented… [Read More]

NorthWest Healthcare Properties Real Estate Investment Trust Releases Strong Fourth Quarter and Full Year 2020 Results

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TORONTO, March 11, 2021 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT”) (TSX: NWH.UN), Canada’s leading global diversified healthcare real estate investment trust, today announced its results for the three and twelve months ended December 31, 2020. Commenting on the activity, Paul Dalla Lana, CEO of the REIT, said: “2020 was an unprecedented… [Read More]

Firm Capital Property Trust Announces Solid 2020 Results

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TORONTO, March 11, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report today its financial results for the year ended December 31, 2020. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 76 commercial properties with a total GLA of 4,246,121 square feet (2,351,657 square feet on an… [Read More]

Minto Apartment REIT Reports 2020 Fourth Quarter and Year-End Financial Results

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— 2020 full year highlights include increased AFFO1, higher distributions and strengthened liquidity — OTTAWA, ON, March 11, 2021 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced its financial results for the fourth quarter and year ended December 31, 2020 (“Q4 2020” and “FY 2020”, respectively). The Audited Consolidated… [Read More]

Terra Firma Capital Declares Quarterly Dividend

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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, March 11, 2021 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII), a real estate finance company, today announced that its Board of Directors has declared a quarterly cash dividend of CAD$0.05 per common share, payable on April 15, 2021,… [Read More]

Luxury Park City Brokerage Selects RESAAS

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VANCOUVER, BC, March 11, 2021 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce a leading global real estate brokerage in Park City, UT has selected RESAAS to enhance its international marketing and referral business. The Agency is a full-service, luxury real estate brokerage, with 22… [Read More]

RioCan Real Estate Investment Trust appoints Andrew Duncan to Chief Investment Officer

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TORONTO, March 11, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the promotion of Andrew Duncan to the newly created position of Chief Investment Officer, effective April 1, 2021. As RioCan’s first Chief Investment Officer, he will oversee the Trust’s 42 million square foot development pipeline… [Read More]

Invesque Inc. Reports Fourth Quarter and Full Year 2020 Results

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TORONTO, March 10, 2021 /CNW/ – Invesque Inc. (TSX: IVQ.U) (TSX: IVQ) (the “Company” or “Invesque”) today announced its results for the three- and twelve-months ended December 31, 2020. Fourth Quarter and Subsequent Highlights Modified the Company’s senior credit facility led by KeyBank, which includes an incremental surge period through June 30, 2021 Closed on the… [Read More]

WPT Industrial REIT Announces Fourth Quarter 2020 Results

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TORONTO, March 10, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three months and year ended December 31, 2020. All dollar amounts are stated in U.S. funds. Highlights: Collected 99.8% of billed rent for the quarter, continuing the REIT’s record of… [Read More]