REIT REPORT

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


BTB Announces its Distribution for the Month of December 2020

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MONTRÉAL, Dec. 10, 2020 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) announced today that the monthly cash distribution for the month of December 2020 is $0.025 per unit, representing $0.30 per unit on an annualized basis. The cash distribution will be paid January 15th, 2021 to unitholders of record… [Read More]

SmartCentres Real Estate Investment Trust Announces Voting Results From Annual Meeting of Holders of Units and Special Voting Units

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TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today the voting results from its Annual General and Special Meeting of the Holders of Units and Special Voting Units (the “Meeting”) held today. The total number of Units and Special Voting Units of SmartCentres (“Units” and… [Read More]

RioCan Real Estate Investment Trust Announces Redemption of Series R Unsecured Debentures

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it is issuing a notice of redemption to holders of its $250 million, 3.716% Series R senior unsecured debentures due December… [Read More]

RioCan Real Estate Investment Trust Announces Green Bond Offering Issuance of $500 Million 5.5-year of Series AD Senior Unsecured Debentures at an Annual Coupon Rate of 1.974%

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TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has agreed to issue $500 million principal amount of Series AD senior unsecured debentures (the “Debentures”). This issuance is RioCan’s second Green Bond offering. The Debentures are being offered on an agency basis… [Read More]

Genesis Land Development Corp. Announces Declaration of $0.15 per share Special Dividend

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CALGARY, AB, Dec. 9, 2020 /CNW/ – Genesis Land Development Corp. (“Genesis”) (TSX: GDC), announces that its Board of Directors has declared an unconditional special cash dividend of $0.15 per common share, or $6.28 million in aggregate, payable on January 11, 2021 to shareholders of record on December 23, 2020. Eligible Dividend DesignationPursuant to subsection 89(14) of… [Read More]

Minto Apartment REIT Files Final Base Shelf Prospectus for $800 million in Securities

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OTTAWA, ON, Dec. 9, 2020 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced that it has filed and obtained a receipt for its final short form base shelf prospectus (the “Prospectus”).The Prospectus was filed with the securities regulatory authorities in each of the provinces and territories of Canada. The… [Read More]

Middlefield Global Real Asset Fund Announces Normal Course Issuer Bid

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CALGARY, Alberta, Dec. 09, 2020 (GLOBE NEWSWIRE) — Middlefield Global Real Asset Fund (the “Fund”) (TSX: RA.UN) announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”). Purchases pursuant to the NCIB will be made in the open market… [Read More]

Century Fire Protection Broadens Geographic Footprint

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TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Century Fire Protection (“Century”), has recently acquired Aegis Fire Protection, LLC (“Aegis”) and Cornet, Inc. (“Cornet”). The leaders of both businesses have retained minority equity interests and will continue to run day-to-day operations. Terms of the… [Read More]

Melcor REIT Trustees Held Meeting to Review the Substance of the Press Release Issued by Firm Capital

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FOR IMMEDIATE DISTRIBUTION. NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES. EDMONTON, Alberta, Dec. 08, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (“the REIT”) today announced that its Board of Trustees held its annual strategic planning and budgeting session for the upcoming year on December 4, 2020…. [Read More]

Summit Industrial Income REIT Announces Pricing of $200 Million of 1.82% Series B Senior Unsecured Debentures

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/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 8, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) announced today that it has agreed to issue $200 million aggregate principal amount of series B senior unsecured debentures (the “Debentures“) at a price… [Read More]

Mainstreet Equity Corp. Releases Q4 2020 Results

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CALGARY, AB, Dec. 7, 2020 /CNW/ – Despite the global pandemic persisting for much of fiscal 2020, Mainstreet still managed to achieve year-over-year double-digit growth in funds from operations (“FFO”) in 2020, increasing 11% from the previous year. Revenues rose 9% and net operating income (“NOI”) increased 8%. We believe these results demonstrate the extraordinarily… [Read More]