TORONTO, Dec. 04, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (âStorageVaultâ) (SVI-TSX-V) is pleased to announce that, further to its November 2, 2020 news release, it has completed the acquisition of 13 stores and 1 piece of vacant land (collectively, the âAcquisitionsâ) from six vendor groups (collectively, the âVendorsâ), for an aggregate purchase price of… [Read More]
ViveRE Communities To Upsize Previously Announced Common Share Offering To $8.5 Million
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, NS, Dec. 4, 2020 /CNW Telbec/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company“) is pleased to announce that due to strong investor demand in connection with its previously announced best efforts short form prospectus offering (the “Offering“),… [Read More]
Cominar Real Estate Investment Trust Announces December 2020 Monthly Distribution
QUÃBEC CITY, QC, Dec. 3, 2020 /CNW/ – Cominar Real Estate Investment Trust (“Cominar”) (TSX: CUF.UN) announced today a distribution of 3.00 cents per unit to unitholders of record as at December 15, 2020, payable on December 31, 2020. PROFILE AS AT December 3, 2020 Cominar is one of the largest diversified real estate investment trusts in Canada… [Read More]
RioCan Real Estate Investment Trust Announces One-third Reduction in Distributions to Unitholders
TORONTO, Dec. 03, 2020 (GLOBE NEWSWIRE) — Today, RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) announced a reduction of RioCanâs monthly distribution to unitholders from $0.12 per unit to $0.08 per unit, or from $1.44 to $0.96 on an annualized basis. RioCanâs Board of Trustees has determined the reduction is appropriate… [Read More]
Slate Grocery REIT Announces C$75 Million Bought Deal Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 03, 2020 (GLOBE NEWSWIRE) — Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (âSlate Groceryâ or the âREITâ), an owner and operator of U.S. grocery-anchored real estate, announced today that it has entered into an agreement with a syndicate… [Read More]
Allied Announces Publication of Its Inaugural ESG Report
TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:âAP.UNâ) announced today that it has published its Inaugural Environmental, Sustainability and Governance (ESG) Report (the âReportâ) on the home page of its website at www.alliedreit.com. Allied made a commitment to submit formally to independent scrutiny in regard to ESG by 2020. An important step… [Read More]
R&R REIT Issues Units to its Non-Executive Trustees and Deferred Units to an Executive Officer
MISSISSAUGA, ON, Dec. 2, 2020 /CNW/ – R&R Real Estate Investment Trust (TSXV: RRR.UN) (the “REIT”) announces today that it has issued 976,750 trust units to its non-executive trustees at a price of $0.04 per trust unit in accordance with the REIT’s Non-Executive Trustee Issuance Plan pursuant to which non-executive trustees can receive 100% of… [Read More]
CAPREIT Expands Presence in Strong Halifax Market
TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has purchased a recently constructed apartment building containing 38 suites in Bedford, a suburb of Halifax, Nova Scotia. CAPREIT paid $11.9 million for the property financed by cash. Completed in July 2020, The Madisonâs suites… [Read More]
Allied Announces December 2020 Distribution and Distribution Increase for 2021
TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:âAP.UNâ) announced today that its Trustees have (i) declared a distribution of $0.1375 per unit for the month of December, 2020, payable on January 15, 2021, to unitholders of record on December 31, 2020, and (ii) approved an increase in monthly cash distributions for 2021… [Read More]
BSR REIT Announces the Sale of Five Noncore Properties for $86 Million
LITTLE ROCK, Ark. and TORONTO, Dec. 2, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX:HOM.U) (TSX: HOM.UN) announced today that it has sold five noncore properties, comprising 890 apartment units, as part of the REIT’s portfolio enhancement growth strategy and capital recycling program. The REIT received total gross proceeds of $86… [Read More]
Sandpiper Increases Investment in Artis REIT to 10%
VANCOUVER, BC, Dec. 2, 2020 /CNW/ – Sandpiper Group (“Sandpiper”) announced today that on December 2, 2020, it acquired, through Sandpiper Real Estate Fund 4 Limited Partnership (the “Fund“), an aggregate of 100,000 units (“Units”) of Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) in the open market through the facilities of the… [Read More]
Killam Apartment REIT’s Commitment to ESG Translates into a Green Star Rating from GRESB
HALIFAX, NS, Dec. 2, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce that it earned a green, two-star designation for its 2020 GRESB submission, and a 32% improvement from its initial submission in 2019. Killam Apartment REIT also earned a GRESB Public Disclosure survey rating of “B”, outperforming its GRESB determined comparison… [Read More]
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