MISSISSAUGA, ON, June 9, 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… [Read More]
Artis Real Estate Investment Trust Files Amended and Restated Declaration of Trust
WINNIPEG, MB, June 9, 2020 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) today filed its sixth amended and restated declaration of trust (the “Amended Declaration of Trust”). The Amended Declaration of Trust permits Artis to hold its 2020 annual meeting of unitholders on any date in 2020, as permitted… [Read More]
H&R Announces $400 MM Senior Unsecured Debenture Financing
TORONTO, June 9, 2020 /CNW/ – H&R Real Estate Investment Trust (“H&R REIT” or “H&R”) (TSX: HR.UN) is pleased to announce an offering (the “Offering”) of $400 million principal amount of Series Q senior unsecured debentures (the “Series Q Debentures”). The Series Q Debentures are being offered on an agency basis by a syndicate of… [Read More]
BTB Announces 2020 Election of Trustees
MONTRÃAL, June 9, 2020 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) is pleased to announce today that each of trustee nominee listed in the Management Information Circular dated May 4, 2020 was elected as Trustee of BTB during the Annual and Special Meeting of the Unitholders held in… [Read More]
Maplewood International REIT Announces Completion of REIT Termination and Consideration Payment to Unitholders
MISSISSAUGA, Ontario, June 08, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.H) Further to the press release issued by Maplewood International Real Estate Investment Trust (the âREITâ) on June 3, 2020 announcing that the termination of the REIT (the âREIT Terminationâ) would take place at 11:59 p.m. (Toronto time) on Friday, June 5, 2020 (the âREIT Termination… [Read More]
Invesque Inc. Provides May Rental Revenue Collections Update
TORONTO, June 8, 2020 /CNW/ – Invesque Inc. (TSX: IVQ.U) (TSX: IVQ) (the “Company” or “Invesque”) announced today an update of the Company’s rental revenue collections given elevated market volatility due to the COVID-19 pandemic. Rental Revenue Collections Month ended (all figures shown are rounded) April 2020 May 2020 Senior Housing Owner Occupied Portfolio 99% 99%… [Read More]
ERES REIT Announces Timing of Second Quarter 2020 Results & Conference Call
TORONTO, June 08, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES REIT”) (TSXV:ERE.UN) announced today it will issue its financial results for the three and six months ended June 30, 2020 after markets close on: Monday, August 10, 2020 A conference call hosted by Phillip Burns, Chief Executive Officer and the ERES… [Read More]
Genworth MI Canada Inc. Confirms that It Does Not Plan to Change Its Underwriting Policy
TORONTO, June 8, 2020 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) confirms that it has no plans to change its underwriting policy related to debt service ratio limits, minimum credit score and down payment requirements. One of the Company’s competitors announced changes to their internal underwriting guidelines with respect to the aforementioned underwriting… [Read More]
The Real Brokerage Inc. (Formerly, ADL Ventures Inc.) Closes Qualifying Transaction
TORONTO, June 8, 2020 /CNW/ – The Real Brokerage Inc. (formerly, ADL Ventures Inc.) (TSXV: AVI.P) (“TRB” or the “Company“), is pleased to announce that it has closed its previously announced Qualifying Transaction, as such term is defined under Policy 2.4 â Capital Pool Companies (the “Policy“) of the TSX Venture Exchange (the “Exchange” or… [Read More]
Melcor REIT terminates Automatic Share Purchase Plan
EDMONTON, Alberta, June 05, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the REIT) today announced that it is terminating the previously announced Automatic Share Purchase Plan (ASPP) put in place in connection with the normal course issuer bid (NCIB). The termination is effective June 25, 2020. The REIT entered into the ASPP… [Read More]
UPDATE – CAPREIT Advances Toronto Operating Lease Buyout Strategy
TORONTO, June 05, 2020 (GLOBE NEWSWIRE) — This release was previously disseminated on June 3, 2020 at 17:00 ET. The address â33 Davisville Avenueâ has been added to the first paragraph, along with additional information regarding the purchase price of the operating lease buyout. The complete and corrected release follows. Canadian Apartment Properties Real Estate… [Read More]
SmartCentres Real Estate Investment Trust Announces $300 Million Series V and $300 Million Series W Senior Unsecured Debenture Issues
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, June 04, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN) announced today that it has agreed to issue $300 million aggregate principal amount of Series V senior unsecured debentures and $300 million aggregate principal amount of Series W… [Read More]
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