TORONTO, Jan. 05, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) today announced the completion of three transactions including the introduction of two new partners and the unwinding of a former partnership as follows: A new 50/50 partnership with Fieldgate Urban (âFieldgateâ) for a mixed-use condominium development with… [Read More]
Killam Apartment REIT Announces Timing of 2020 Results and Webcast
HALIFAX, NS, Jan. 4, 2021 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) will release its financial results for the year ended December 31, 2020, on Wednesday, February 10, 2021, after the close of the Toronto Stock Exchange. A webcast and conference call to discuss these results and current business initiatives will be held on Thursday, February… [Read More]
Brookfield Property Partners Acknowledges Brookfield Asset Management’s Privatization Proposal and Establishes a Committee of Independent Directors
All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Jan. 04, 2021 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (âBPYâ or the âCompanyâ) (NASDAQ: BPY; TSX: BPY.UN) and Brookfield Property REIT Inc. (âBPYUâ) (NASDAQ: BPYU) today jointly acknowledge receipt of a non-binding proposal from Brookfield Asset Management Inc. (âBrookfieldâ) (NYSE: BAM; TSX:… [Read More]
RioCan Real Estate Investment Trust Realizes Density Value on Sales of Air Rights at The Well™ in Toronto and 5th & THIRD™ in Calgary
TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) today announced the completion of the sales of a portion of the air rights at The Well⢠in Toronto and 5th & THIRD⢠in Calgary. Combined, RioCan realized density value totalling approximately $45.4 million at RioCanâs interest… [Read More]
ViveRE Communities Completes Acquisition of 47 Unit Property in Saint John, NB
HALIFAX, NS, Dec. 23, 2020 /CNW/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company”) announced today that it has completed the previously announced acquisition of Village View No. 3 Limited Partnership, a limited partnership formed under the laws of the Province of New Brunswick (“VV3LP“), whose sole asset is a multi-family rental property located at 51… [Read More]
SmartCentres Declares Distribution for December 2020
TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of December 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on January 15, 2021 to… [Read More]
Nexus REIT Announces December 2020 Distribution
TORONTO and MONTREAL, Dec. 22, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the âREITâ) (TSXV: NXR.UN) announced today the declaration of the December 2020 distribution. The REIT will make a cash distribution in the amount of $0.01333 per unit, representing $0.16 per unit on an annualized basis, payable January 15, 2021 to unitholders of… [Read More]
FPI Nexus annonce la distribution du mois de décembre 2020
MONTRÃAL et TORONTO, 22 déc. 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourdâhui la déclaration de la distribution de décembre 2020. Le FPI versera une distribution en espèces de 0,01333 $ par part, représentant 0,16 $ par part sur une base annualisée, payable le 15… [Read More]
Trez Capital Senior Mortgage Investment Corporation Announces Appointment of New Senior Officers Effective January 1, 2021
TORONTO, Dec. 22, 2020 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX:TZS) (the “Company”) announced today that the board of directors (the “Board”) of the Company has appointed Jordan Kupinsky as Chief Executive Officer of the Company and Jack Z. Tasse, CPA, CMA, as Chief Financial Officer of the Company, effective as at January 1, 2021…. [Read More]
Shareholders of Genworth MI Canada Inc. Approve Arrangement with Brookfield
TORONTO, Dec. 22, 2020 /CNW/ – Genworth MI Canada Inc., now operating as Sagen MI CanadaTM (the “Company“) (TSX: MIC), today announced that, at the special meeting (the “Special Meeting“) of the Company’s shareholders (“Shareholders“) held today, Shareholders voted to approve the previously announced plan of arrangement (the “Transaction“) pursuant to which Brookfield Business Partners L.P…. [Read More]
Summit Industrial Income REIT Announces Completion of $200 Million Offering of 1.82% Series B Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 22, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) announced today that it has completed its previously announced offering (the “Offering“) of $200 million aggregate principal amount of series B senior unsecured debentures (the “Debentures“)…. [Read More]
Summit Industrial Income REIT Expands Presence in Strong GTA Market with $68 Million Acquisition
TORONTO, Dec. 21, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 100% interest in a 342,830 square foot single tenant warehousing and logistics facility in Ajax, Ontario, a key industrial market in the Greater Toronto Area (GTA), for $68.0 million…. [Read More]
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