Non-material impact of Covid-19 on REIT Portfolio to date; Liquidity position remains strong TORONTO, April 17, 2020 /CNW/ – Inovalis Real Estate Investment Trust (“Inovalis” or the “REIT”) (TSX: INO.UN) today provided an update on the impact of COVID-19 on its operations and its current liquidity position. OPERATING UPDATE Tenants As of April 16, 2020, rental collections… [Read More]
ViveRE Communities Provides Update on Pending Acquisitions and Closes $1.325 Million Financing
/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/ HALIFAX, April 17, 2020 /CNW/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company”) provides the following corporate update. ViveRE recognizes the significant impact COVID-19 is having on our residents, business partners and communities. The business impact on our… [Read More]
Killam Apartment REIT Announces April 2020 Distribution
HALIFAX, April 17, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its April 2020 monthly distribution. The distribution of $0.05667 per unit will be paid on May 15, 2020, to unitholders of record on April 30, 2020. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may reinvest their… [Read More]
Summit Industrial Income REIT Provides Update on Impact of COVID-19 Pandemic
TORONTO, April 16, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) today provided an update on its key operating and finance metrics as impacted by the COVID-19 pandemic, and the steps being taken to mitigate risks to its business. The REIT continues to closely monitor developments related to the pandemic and… [Read More]
Northview Apartment REIT Announces April 2020 Distribution
CALGARY, Alberta, April 16, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (NVU.UN – TSX) announced its April 2020 monthly distribution in the amount of $0.1358 per trust unit. The distribution will be payable on May 15, 2020 to holders of trust units of record at April 30, 2020. Northview Apartment REIT offers… [Read More]
Tricon Provides COVID-19 Related Business Update
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ All financial information is presented in U.S. dollars unless otherwise indicated. TORONTO, April 16, 2020 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”, TSX: TCN) provided an update today on the various actions it has taken to protect and… [Read More]
Summit Industrial Income REIT announces COVID-19 precautionary measures for its upcoming Annual Unitholders’ Meeting
TORONTO, April 16, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that its upcoming Annual General Meeting of unitholders (the “Meeting”) to take place on May 13, 2020 at 10:30 am Eastern Time, will be held at the office of the REIT at 137 Venture Run, Suite 105,… [Read More]
SNC-Lavalin Group subsidiary EDAROTH secures work on major housing framework
MONTREAL, April 16, 2020 /CNW Telbec/ – EDAROTH â a wholly owned subsidiary of SNC-Lavalin’s (TSX: SNC) Atkins business â is to provide end-to-end development solutions as part of a £1bn housing framework in Wales, United Kingdom. Under the four-year agreement, EDAROTH will work with local authorities and housing associations to help meet housing targets… [Read More]
BTB Announces its Distribution for the Month of April 2020
MONTRÃAL, April 16, 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 April 2020 is $0.035 per unit, representing $0.42 per unit on an annualized basis. The cash distribution will be paid May 15th, 2020 to unitholders of… [Read More]
Minto Apartment REIT Provides Operations Update Related to COVID-19
̶ Impacts of health crisis are currently not material to the REIT’s revenue or financial position ̶ OTTAWA, April 16, 2020 /CNW/ – Minto Apartment Real Estate Investment Trust (TSX: MI.UN) (the “REIT”) today provided an update on the REIT’s April rent collections, liquidity and changes to operations due to COVID-19. The REIT’s quality portfolio of… [Read More]
Mainstreet Equity Corp Announces Postponement of Filing of Q2 Financial Statements and MD&A to June 23, 2020
CALGARY, April 16, 2020 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) announces that filing of the Company’s interim financial statements for the six month period ended March 31, 2020 (“Q2 Financial Statements”) and associated management’s discussion and analysis (“Q2 MD&A”, and collectively with the Q2 Financial Statements, the “Q2 Filings”) will be… [Read More]
Chartwell Provides Business Update Related to COVID-19 Pandemic
MISSISSAUGA, ON, April 16, 2020 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) issued the following statement related to the ongoing COVID-19 pandemic: Business Update As Canada’s largest owner and operator of seniors living residences with 196 residences and 29,300 suites under management, Chartwell plays a vital role in helping our residents, their families and… [Read More]
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