REIT REPORT

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


Northview Apartment REIT Announces Close of Sale to Starlight and KingSett

By Tagged With:

CALGARY, Alberta, Nov. 02, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN) today announced that the previously announced arrangement agreement with affiliates of Starlight Group Property Holdings Inc. (“Starlight”) and KingSett Capital Inc. (“KingSett”) (collectively, the “Purchasers”), pursuant to which the Purchasers acquired Northview in a $4.9 billion transaction (the “Transaction”),… [Read More]

StorageVault to Acquire 14 Storage Locations for $220 Million

By Tagged With:

TORONTO, Nov. 02, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) has agreed to acquire 13 stores and 1 piece of vacant land from six vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $220,000,000, subject to customary adjustments (the “Acquisitions”). Four of the Acquisitions are arm’s length and two, totaling $30,000,000,… [Read More]

Plaza Retail REIT Announces Senior Management Changes

By Tagged With:

FREDERICTON, NB, Oct. 30, 2020 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) today announced the resignation of James Petrie, Executive Vice-President & Chief Operating Officer.  Mr. Petrie has accepted a position with NB Power as its Chief Legal Officer.   Kimberly Strange, Plaza’s current Secretary & Corporate Counsel, has been promoted to Vice-President Legal &… [Read More]

Artis Real Estate Investment Trust Sets the Record Straight

By Tagged With:

Details Strong Performance and Singular Focus on Unitholder Value Corrects Sandpiper’s Many Errors, False Statements, and Mischaracterizations Demonstrates Sandpiper has no Plan WINNIPEG, MB, Oct. 29, 2020 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) today sets the record straight regarding a number of mistruths and inaccurate statements made by… [Read More]

First Capital REIT Announces Appointment of Neil Downey as Executive Vice President, Enterprise Strategies & Chief Financial Officer

By Tagged With:

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Oct. 29, 2020 /CNW/ – First Capital Real Estate Investment Trust (“First Capital” or the “Trust”) (TSX: FCR.UN), a leading developer, owner and manager of mixed-use real estate located in Canada’s most densely populated cities, announced today the appointment of Neil… [Read More]

Artis Real Estate Investment Trust announces changes to its board and committee composition

By Tagged With:

WINNIPEG, MB, Oct. 29, 2020 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that as part of its Board renewal initiative and its ongoing commitment to enhanced governance initiatives, the Board has undertaken a review of its composition.  Based on new information obtained during this review, the Board has… [Read More]

RESAAS Achieves Clear Cooperation Compliance

By Tagged With:

VANCOUVER. BC, Oct. 29, 2020 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce it has achieved Clear Cooperation Compliance. The Clear Cooperation Policy was enacted by the National Association of REALTORS® (NAR), America’s largest trade association that represents 1.4 million members. The… [Read More]

RioCan Announces Third Quarter Results for 2020

By Tagged With:

TORONTO, Oct. 29, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced today its financial results for the three and nine months ended September 30, 2020 (“Third Quarter”). “While we are living and working through unprecedented challenges facing the retail sector due to the pandemic and resulting government restrictive… [Read More]

PROREIT Announces Date for Release of Third Quarter 2020 Results and Conference Call

By Tagged With:

MONTREAL, Oct. 29, 2020 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) will release its 2020 third quarter financial results on Tuesday, November 10, 2020, after markets close. Mr. James W. Beckerleg, President and Chief Executive Officer, and Mr. Gordon G. Lawlor, Executive Vice President, Chief Financial Officer and Secretary,… [Read More]

RioCan Unlocks Value and Enhances Balance Sheet Through New Partnerships

By Tagged With:

TORONTO, Oct. 28, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced today a firm agreement to sell a 50% non-managing interest in the residential rental component, eCentral™, and the commercial component, ePlace™, of its mixed-used property in Toronto, to its current partner on other projects, Woodbourne Capital… [Read More]

Inovalis Real Estate Investment Trust initiates strategic review process to enhance unitholder value

By Tagged With:

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Oct. 28, 2020 /CNW/ –  Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today announced the formation of a special committee of independent members of the Board of Trustees (the “Special Committee”) to consider strategic alternatives available to the REIT. The… [Read More]

Allied Announces Third-Quarter Results

By Tagged With: ,

TORONTO, Oct. 28, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its third quarter ended September 30, 2020. “Allied’s urban workspace across the country continues to strengthen,” said Michael Emory, President & CEO. “With our rent-deferral program beginning to scale down and the variable component of… [Read More]