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Summit Industrial Income REIT Expands Presence in Strong GTA Market with $68 Million Acquisition

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TORONTO, Dec. 21, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 100% interest in a 342,830 square foot single tenant warehousing and logistics facility in Ajax, Ontario, a key industrial market in the Greater Toronto Area (GTA), for $68.0 million…. [Read More]

Summit Industrial Income REIT Announces Appointment of the Honourable A. Anne McLellan to Board of Trustees

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TORONTO, Dec. 21, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) is pleased to announce the appointment of the Honourable A. Anne McLellan to its Board of Trustees, effective January 1, 2021. Ms. McLellan brings an impressive resume of experience to the REIT.  She is a senior advisor at the… [Read More]

Park City Board of REALTORS® Partners with RESAAS to Bring Rapid COVID-19 Tests to Members

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VANCOUVER, BC, Dec. 21, 2020 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce it has partnered with the Park City Board of REALTORS® (PCBoR) to bring rapid COVID-19 tests to its members. PCBoR serves more than 1,000 REALTOR® members in Park City, Utah…. [Read More]

Timbercreek Financial Declares December 2020 Dividend

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TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on January 15, 2021 to holders of Common Shares of record on… [Read More]

Choice Properties Real Estate Investment Trust Completes Acquisition of Portfolio from Weston Foods (Canada) Inc.

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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, ON, Dec. 18, 2020 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust“) (TSX: CHP.UN) today completed an acquisition of a portfolio of six industrial properties (the “Portfolio“) from Weston Foods (Canada) Inc. (“Weston Foods“). The aggregate… [Read More]

RioCan Real Estate Investment Trust Schedules Fourth Quarter 2020 Earnings Release, Conference Call and Webcast

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TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it is scheduled to release its financial results for the three months and year ended December 31, 2020 before the market opens on Thursday, February 11, 2021. Interested parties are invited to participate in a conference call… [Read More]

Chartwell provides business update related to COVID-19 pandemic

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MISSISSAUGA, ON, Dec. 17, 2020 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) issued the following statement related to the ongoing COVID-19 pandemic: Business Update As Canada’s largest owner and operator of seniors living residences with 196 residences and 29,300 suites under management, Chartwell plays a vital role for our residents, their families and our staff… [Read More]

Urbanfund Corp. Declares Dividend

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 17, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), announces that the Board of Directors of the Company has declared a dividend of $0.0075 per common share… [Read More]

First Capital REIT Announces Expansion of Strategic Partnership and Monetization of a Portion of its Density rights in Greater Montreal Development

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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 17, 2020 /CNW/ – First Capital REIT (“First Capital”) (TSX: FCR.UN), a leading developer, owner and manager of mixed-use real estate located in Canada’s most densely populated cities, announced today a firm agreement to sell a 50% non-managing interest… [Read More]

Flagship Communities REIT Acquires a Portfolio of Seven Manufactured Housing Communities for $12.9 Million

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 17, 2020 /CNW/ – Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT“) (TSX: MHC.U) announced today that it has completed the acquisition of five manufactured housing communities and waived due diligence conditions on the acquisition of two additional… [Read More]

WPT Industrial Real Estate Investment Trust Announces December 2020 Distribution

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TORONTO, Dec. 17, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of December 2020 of US$0.0633 per unit. The distribution will be payable on January 15, 2021 to unitholders of record… [Read More]

BTB Provides A Year-End Review and Wishes to Thank Investors and Collaborators for Their Support

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MONTRÉAL, Dec. 17, 2020 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) releases a yearend overview and provides a statement to investors and collaborators going into the holiday season. ACQUISITION AND DISPOSITONS BTB’s acquisition and disposition team concluded transactions to enhance the quality of our portfolio. BTB disposed of 4… [Read More]