REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada


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

By Tagged With:

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

By Tagged With:

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

By Tagged With: ,

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]

Nexus Real Estate Investment Trust Announces Closing of $34.9 Million Bought Deal Equity Offering

By Tagged With:

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTRÉAL, March 04, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today the closing of its previously announced public offering (the “Offering”) of trust units of the REIT (the “Units”) to a… [Read More]

FPI Nexus annonce la clôture du placement par prise ferme de 34,9 millions $

By Tagged With:

/NE PAS DISTRIBUER VIA LES AGENCES DE PRESSE AMERICAINES NI DIFFUSER AUX ÉTATS-UNIS/ MONTRÉAL et TORONTO, 04 mars 2021 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSX : NXR.UN) a annoncé aujourd’hui la clôture du placement public préalablement annoncé (le « Placement ») de parts de fiducie du FPI (les « Parts ») à… [Read More]

Global Restoration Completes Two Acquisitions

By Tagged With:

TORONTO, March 04, 2021 (GLOBE NEWSWIRE) —  FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Global Restoration Holdings (“Global”), has recently acquired Spectrum Restoration Services Ltd. (“Spectrum”) and Trilink Restoration Services, LLC (“Trilink”). Terms of the transactions were not disclosed. Spectrum, established in 2006 and based near Edmonton, Alberta, is a… [Read More]

PROREIT Provides Operational and Financial Update

By Tagged With:

$46.6 million ten-year mortgage refinancing $13.0 million in proceeds from sale of two properties 99.8% of rent collected in January and February 2021 76% of 604,134 square feet maturing in 2021 renewed to date $35 million in operating liquidity MONTREAL, March 4, 2021 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX:… [Read More]

Firm Capital Property Trust Announces 100% Return of Capital For 2020 Distributions

By Tagged With:

TORONTO, March 03, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSXV : FCD.UN) is pleased to announce that its distributions for 2020 were tax efficient to unitholders as it delivered a 100% return of capital. The Trust would also like to remind investors that distributions have been raised eight times… [Read More]

Tricon Delivers Strong Q4 2020 Results as Single-Family Rental Flourishes

By Tagged With:

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, March 3, 2021 /CNW/ – Tricon Residential Inc. (TSX: TCN) (“Tricon” or the “Company”), a rental housing company catering to the middle-market demographic throughout the United States and Canada, announced today its consolidated financial results for the year ended December… [Read More]

True North Commercial REIT Reports Q4 2020 and Year End Results

By Tagged With:

High quality government and credit rated tenant base results in 99% contractual rent collection, NOI growth of 21% and strong occupancy of 98% 545,600 sq ft leased/renewed with a WALT of 7.8 years during 2020 /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES./ TORONTO, March 3, 2021 /CNW/ – True North Commercial Real Estate… [Read More]

StorageVault to Acquire 15 Storage Locations for $100 Million

By Tagged With:

TORONTO, March 03, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) has agreed to acquire 15 stores from seven vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $100,000,000, subject to customary adjustments (the “Acquisitions”). Five of the Acquisitions are arm’s length and two, totaling $10,700,000, are related party acquisitions (the “Related… [Read More]