NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 14, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) today announced that it has closed its previously announced offering of $500 million principal amount of Series AD senior unsecured debentures (the âDebenturesâ). The… [Read More]
Artis Real Estate Investment Trust Appoints Samir Manji as Interim CEO and Ben Rodney as Lead Trustee
WINNIPEG, MB, Dec. 14, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announces that the Board of Trustees (the “Board“) has appointed Mr. Samir Manji as Interim Chief Executive Officer, and Mr. Ben Rodney as Lead Trustee of the Board, effective January 1, 2021. Lis Wigmore, Chair of the… [Read More]
RioCan Real Estate Investment Trust Earns Top GRESB Rating and Delivers Key ESG Achievements
TORONTO, Dec. 14, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) is pleased to announce that it has achieved a 5-Star rating in the 2020 GRESB Real Estate Assessment with a score of 85. The 2020 score represents a 97% improvement since RioCanâs first submission in 2017. RioCan… [Read More]
Royal LePage: Canadian home prices forecast to rise 5.5% by the end of 2021 as low inventory and unmet demand set to fuel price increases
Aggregate price of a home in the Greater Toronto Area forecast to rise 5.75% Tech and government sector expansion to drive Ottawa prices up 11.5% Canada’s priciest city to experience 9.0% rise as housing demand in Vancouver surges Halifax and Greater Montreal prices forecast to rise 7.5% and 6.0%, respectively Calgary, Edmonton prices buck regional… [Read More]
SmartCentres Real Estate Investment Trust Announces Redemption of 3.73% Series M and 2.876% Series Q Senior Unsecured Debentures
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Dec. 11, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX:SRU.UN) announced today that it is issuing notices of redemption to holders of its 3.73% Series M senior unsecured debentures due July 22, 2022 (the âSeries… [Read More]
Wall Financial Corporation Reports Q3 Fiscal 2021 Results
VANCOUVER, BC, Dec. 11, 2020 /CNW/ – Wall Financial Corporation (the “Company”) released its operating results and financial statements for the nine months ended October 31, 2020. The Company recorded a net loss attributable to shareholders of the Company for the nine months ended October 31, 2020 of $5,498,449 or $0.16 per share compared with net… [Read More]
CT REIT Announces Offering of $150M 2.371% Series G Senior Unsecured Debentures due January 6, 2031 and Redemption of $150M 2.159% Series C Senior Unsecured Debentures due June 1, 2021
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 10, 2020 /CNW/ – CT Real Estate Investment Trust (CT REIT), (TSX: CRT.UN) announced today that it has agreed to issue, on a private placement basis in each of the provinces of Canada (the “Debenture Offering“), $150 million aggregate principal… [Read More]
The Becker Milk Company Limited: Six Month Financial Results
TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the âCompanyâ) (TSX-BEK.B) is pleased to report the results for the six months ended October 31, 2020. HIGHLIGHTS Total revenues for the six months ended October 31, 2020 were $1,524,336 compared to $1,618,664 for the same period in 2019; Net operating income for… [Read More]
BSR REIT Exits Beaumont, Texas Market with the Sale of West End Lodge for $44.0 Million
LITTLE ROCK, Ark. and TORONTO, Dec. 10, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) (HOM.UN) announced today it has sold West End Lodge located in Beaumont, Texas, built in 2010 and comprising 360 apartment units, for gross proceeds of $44.0 million (the “Transaction”). The REIT has now exited the… [Read More]
Colliers International Declares Semi-Annual Dividend on Common Shares
TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (“Colliers“) announced today that its board of directors has declared a semi-annual cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares (together, the “Common Shares“) of Colliers of US$0.05 per Common Share. This dividend is in accordance… [Read More]
Dye & Durham Announces Transformational Acquisition of DoProcess, the Number One Provider of Real Estate Software in Canada, for C$530 Million from Teranet
Provides a strategic and compelling opportunity to acquire the #1 provider of real estate practice management software in Canada, which manages over 1.4 million transactions annually OMERS to invest C$30 million in Dye & Durham Acquisition supported by a new C$510 million debt financing facility with Scotiabank In addition, the Company is raising approximately C$225… [Read More]
RESAAS Announces Integration with Transactly, a Leading On-Demand Transaction Coordination Service
VANCOUVER, BC, Dec. 10, 2020 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce an integration with Transactly, a leading real estate transaction platform. Transactly provides one of the largest teams of on-demand Transaction Coordinators in North America. In an agreement signed on… [Read More]
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