VANCOUVER, Feb. 24, 2020 /CNW/ – Belkorp Industries Inc. (“Belkorp“) is pleased to announce that it has today acquired 7,500,000 common shares (the “Purchased Shares“) of Founders Advantage Capital Corp. (TSX-V: FCF) (“Founders Advantage“) at a purchase price of $1.75 per Purchased Share, for an aggregate purchase price of $13.125 million. Immediately prior to the acquisition of the… [Read More]
Allied Announces Closing of $400 Million Offering of 3.117% Series F Senior Unsecured Debentures
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Feb. 21, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(âAlliedâ) announced today that it has closed its previously announced offering of $400 million aggregate principal amount of series F senior unsecured debentures (the âDebenturesâ). The Debentures… [Read More]
FPI Nexus nommé au palmarès TSX croissance 50 de la Bourse de croissance TSX
MONTRÃAL et TORONTO, 20 févr. 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) est heureux dâannoncer quâil a été nommé comme lâun des plus performants de la Bourse de croissance TSX. Le TSX Croissance 50 de 2020 célèbre les meilleures performances de la Bourse de croissance TSX… [Read More]
Nexus REIT Recognized as Top 50 TSX Venture Exchange Company
TORONTO and MONTREAL, Feb. 20, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the âREITâ) (TSXV: NXR.UN) is pleased to announce that it has been named as one of the top performers on the TSX Venture Exchange. The 2020 TSX Venture 50 celebrates the strongest performances on the TSX Venture Exchange (the âTSXVâ or… [Read More]
Morguard Corporation Announces 2019 Results and Regular Eligible Dividend
MISSISSAUGA, Feb. 20, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the year ended December 31, 2019. Reporting Highlights Total revenue increased by $35.1 million, or 3.0% to $1,193.0 million for the year ended December 31, 2019, compared to $1,157.9 million for the same period in 2018. Net… [Read More]
Boardwalk REIT Announces February 2020 Distribution
CALGARY, Feb. 20, 2020 /CNW/ – Boardwalk Real Estate Investment Trust (TSX: BEI.UN) Boardwalk REIT (“Boardwalk”, “The Trust”) declared today its regular distribution for the month of February 2020 to be $0.0834 per Trust Unit, which equates to $1.00 per Trust Unit on an annualized basis. The February distribution will be payable on March 16,… [Read More]
Timbercreek Financial Declares February 2020 Dividend and Will Release Fourth Quarter and Year End 2019 Financial Results on March 6, 2020
TORONTO, Feb. 20, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the âCompanyâ) is pleased to announce that its board of directors (the âBoardâ) has declared a monthly cash dividend of $0.0575 per common share (âCommon Shareâ) of the Company to be paid on March 13, 2020 to holders of Common Shares of record on… [Read More]
Sandpiper Announces 10% Ownership in Dream Office REIT
VANCOUVER, Feb. 20, 2020 /CNW/ – Sandpiper Group (“Sandpiper”) announced today that on February 20, 2020, it acquired, through Sandpiper Opportunity Fund 5 Limited Partnership (“SOF5LP“), an aggregate of 372,000 REIT A Units (“Units”) of Dream Office Real Estate Investment Trust (“Dream Office” or the “REIT”)(TSX: D.UN) in the open market through the facilities of the… [Read More]
Genworth MI Canada Inc. Completes Issuance of $300 Million of Unsecured Debentures due March 1, 2027 and Announces Redemption on March 23, 2020 of its Outstanding 5.68% Debentures due June 15, 2020
TORONTO, Feb. 20, 2020 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) announced that it today completed its previously announced offering (the “Offering”) of $300 million of 2.955% debentures due March 1, 2027 (the “Debentures”). The offering was made through a syndicate of agents led by CIBC World Markets Inc., Scotia Capital Inc.,… [Read More]
Inovalis REIT Announces Vanves Property Sale
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Feb. 20, 2020 /CNW/ – Inovalis Real Estate Investment Trust (“Inovalis REIT” or the “REIT”) (TSX: INO.UN) announced today that the REIT has successfully closed the disposition of its Vanves property (“Vanves” or “Property”) on December 16th, 2019 for net proceeds… [Read More]
Northview Apartment REIT Announces Agreement to be Acquired by Starlight and KingSett for $36.25 Per Unit in Cash in a Transaction Valued at $4.8 Billion
CALGARY, Alberta, Feb. 20, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (âNorthviewâ) (TSX:NVU.UN) announced today that it has entered into an arrangement agreement (the âArrangement Agreementâ) with affiliates of Starlight Group Property Holdings Inc. (âStarlightâ) and KingSett Capital Inc. (âKingSettâ) (collectively, the âPurchasersâ) pursuant to which the Purchasers will acquire Northview, and… [Read More]
Allied Announces Renewal of Normal Course Issuer Bid
TORONTO, Feb. 20, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:AP.UN)(âAlliedâ) announced today that it has received approval from the Toronto Stock Exchange (âTSXâ) for a normal course issuer bid (âNCIBâ) which will enable it to purchase up to 12,100,300 of its 122,838,799 issued and outstanding units (âUnitsâ) as at February 10, 2020, representing approximately… [Read More]
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