QUÃBEC CITY, March 27, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) provided today an update on COVID-19 matters and announced that it is withdrawing the REIT’s fiscal 2020 guidance due to the growing economic and operating impact of the COVID-19 pandemic, the uncertainty with regard to its duration and the… [Read More]
Bridgemarq Real Estate Services Announces Interim Royalty Fee Structures to Network
TORONTO, March 27, 2020 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq” or the “Company”) (TSX: BRE) a leading provider of services to residential real estate brokers and their REALTORS®1, today announced temporary changes to the franchise fees it charges its network of real estate brokerages across Canada. These actions were taken to support the business… [Read More]
FIRM CAPITAL PROPERTY TRUST ANNOUNCES STRONG FOURTH QUARTER AND YEAR END RESULTS
TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ), (TSXV: FCD.UN) is pleased to report today its financial results for the three and twelve months ended December 31, 2019. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 74 commercial properties with a total GLA of 4,153,997 square feet (2,305,331 square feet… [Read More]
Crombie REIT Announces Small Business Support Program
NEW GLASGOW, NS, March 27, 2020 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced that it will launch the Crombie Values Small Business Program, a program to offer relief to qualifying small business tenants impacted by the COVID-19 pandemic. Crombie’s small business support program includes relief that defers rent to assist small… [Read More]
URBANFUND CORP. DECLARES DIVIDEND
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (âUrbanfundâ or the âCompanyâ), announces that the Board of Directors of the Company has declared a dividend of $0.0075 per common share… [Read More]
COLLIERS INTERNATIONAL GROUP INC. ANNOUNCES INFORMATION REGARDING SHAREHOLDER MEETING
TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — In light of the evolving spread of COVID-19 and guidance from government and public health authorities, Colliers International Group Inc. (NASDAQ and TSX: CIGI) is providing an update on its upcoming Annual Meeting of Shareholders to be held on April 7, 2020 at 4:00pm (Toronto time). Given the… [Read More]
SmartCentres Receives TSX Approval to Proceed with Normal Course Issuer Bid
TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX:SRU.UN) announced today that the Toronto Stock Exchange (the âTSXâ) has accepted the notice filed by SmartCentres to establish a normal course issuer bid (âNCIBâ) program. The NCIB program commences on March 31, 2020 and will terminate on March… [Read More]
FPI NEXUS ANNONCE LA SIGNATURE DE CONTRATS DE LOCATION ET D’UN CONTRAT DE GESTION DE DÉVELOPPEMENT POUR LE PROJET DE VALEUR AJOUTÉE À RICHMOND, AINSI QUE L’OCTROI D’UNITÉS DE PARTS AVEC RESTRICTIONS
MONTRÃAL et TORONTO, 26 mars 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourdâhui que le plan pour maximiser la valeur de sa propriété située à Richmond (Colombie-Britannique) progressait. Le FPI a conclu des contrats de location avec deux nouveaux locataires pour environ 60 000… [Read More]
NEXUS REIT ANNOUNCES EXECUTION OF LEASES AND DEVELOPMENT MANAGEMENT AGREEMENT FOR RICHMOND VALUE-ADD PROJECT AND RSU GRANT
TORONTO and MONTREAL, March 26, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announced today that it is progressing with plans to maximize value at its Richmond BC property. The REIT has entered into lease agreements with two new tenants in respect of approximately 60,000 square feet of space previously… [Read More]
Lanesborough REIT Reports 2019 Results
WINNIPEG, March 26, 2020 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSXV: LRT.UN) today reported its operating results for the year ended December 31, 2019. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with management’s discussion & analysis, the annual report and the financial… [Read More]
Killam Apartment REIT Announces Updates Relating to COVID-19 Pandemic
HALIFAX, March 26, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) recognizes the impact COVID-19 is having on all stakeholders. Our priority is the health and safety of our employees, residents, partners and communities. Killam recognizes that as a property owner, business operator, employer and community member, we have an important role to play in managing and… [Read More]
WPT INDUSTRIAL REIT ANNOUNCES CLOSING OF US$730 MILLION DISTRIBUTION AND LOGISTICS PORTFOLIO ACQUISITION AND US$600 MILLION EXPANSION TO CREDIT FACILITY
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the âREITâ) (TSX:WIR.U, WIR.R, WIR.UN â OTCQX: WPTIF) announced today the closing of the previously announced acquisition of a portfolio of 26 U.S. distribution and logistics properties totaling approximately… [Read More]
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