VANCOUVER, BC, Nov. 19, 2020 /CNW/ – Kadestone Capital Corp. (“Kadestone” or the “Company”)(TSX-V: KDSX), announces the results of operations for the quarter ended September 30, 2020. The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies and are expressed in Canadian dollars. For the nine months ended September 30, 2020, the… [Read More]
Artis Real Estate Investment Trust Provides Update on Property Dispositions Above IFRS Fair Value and on Active NCIB Program
Completion of two additional sales under Artis’ asset disposition program, part of a strategy to improve the REIT’s growth profile and strengthen its balance sheet, for an aggregate sale price of $148.3 million, exceeding the IFRS fair value by $2.1 million Artis remains ahead of schedule on disposition program, having successfully completed approximately $950 million… [Read More]
PROREIT Announces November 2020 Distribution; Provides Rent Collection and Operating Liquidity Update
Monthly cash distribution of $0.0375 per unit declared 99.8% of rent collected in November 2020 New $13.25 million term loan secured MONTREAL, Nov. 19, 2020 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) today announced its November 2020 distribution and provided an update on November rent collections and operating liquidity. “Our… [Read More]
BSR Named a Best Place to Work in Arkansas for Fourth Consecutive Year
LITTLE ROCK, Ark. and TORONTO, Nov. 19, 2020 /CNW/ – For the fourth consecutive year, BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) (TSX: HOM.UN), headquartered in Little Rock, Arkansas and traded on the Toronto Stock Exchange, has been named one of the best places to work in the state of Arkansas. This distinction was awarded… [Read More]
SmartCentres Declares Distribution for November 2020
TORONTO, Nov. 19, 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 November 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on December 15, 2020 to… [Read More]
RESAAS Announces Integration with FieldTest to Launch Outbound Advertising Automation for Real Estate Agents
VANCOUVER, BC, Nov. 19, 2020 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce an integration with FieldTest, an online advertising platform. Enables RESAAS agents to advertise their listings across millions of websites. RESAAS agents can purchase ad packages using one-click payment. Uses data… [Read More]
WPT Industrial Real Estate Investment Trust Announces November 2020 Distribution
TORONTO, Nov. 19, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the âREITâ) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of November 2020 of US$0.0633 per unit. The distribution will be payable on December 15, 2020 to unitholders of record… [Read More]
Multi-suite residential and industrial real estate remained resilient and attractive to investors during Q3 2020: Morguard
Canadian job market continued to strengthen in Q3 after historic losses resulting from COVID-19’s first wave Assets with financially stable tenants on longer-term leases to continue to attract investors in the remainder of 2020 Consumer and investor confidence expected to return at some point during 2021 assuming some form of resolution of the pandemic and… [Read More]
Manulife Investment Management Announces Acquisition of Luxury Multifamily Property in Quebec for $63 Million
C$ unless otherwise statedTSX/NYSE/PSE: MFC SEHK: 945 TORONTO, Nov. 18, 2020 /CNW/ – Manulife Investment Management announces the acquisition of Le Vibe, a recently constructed two-building purpose-built residential complex located at 78-88 Rue Dollard-des-Ormeaux, in downtown Gatineau, Quebec on behalf of its Manulife Canadian Property Portfolio fund. The addition of the asset presents an opportunity… [Read More]
Terra Firma Capital Corporation Reports Third Quarter 2020 Financial Results
All amounts are stated in United States dollars unless otherwise indicated. TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company“), a real estate finance company, today released its financial results for the three and nine-month periods ended September 30, 2020. Q3 2020 Financial Highlights: Total Investments(1)… [Read More]
ERES REIT Announces €22MM Multi-Residential Acquisition in the Netherlands
TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, âERESâ or the âREITâ) announced today that it has entered into an agreement to acquire a multi-residential property located in Prins Alexander, a district in the northeast of Rotterdam (the âMill Propertyâ). The two-building property is comprised of 84 residential units,… [Read More]
Granite Real Estate Investment Trust Announces over C$564 Million in Acquisitions Closed or Under Negotiation and a C$250 Million Bought Deal Equity Offering
TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) — Granite Real Estate Investment Trust (âGraniteâ or âthe REITâ) (TSX: GRT.UN / NYSE: GRP.U) announced today that it has completed or entered into exclusive negotiations on over C$564 million in acquisitions of four assets in the United States and four assets in the Netherlands, including the previously announced… [Read More]
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