REIT REPORT

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


Report on Financial Results for the Six Months Ended June 30, 2020

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TORONTO, Aug. 24, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the six months ended June 30, 2020 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND… [Read More]

Nexus REIT to Acquire a Single-tenant Calgary Industrial Property

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TORONTO and MONTREAL, Aug. 24, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) is pleased to announce that it has waived conditions to acquire a single-tenant industrial property located in Rocky View County Alberta, within the Calgary Metropolitan Region. The property has a gross leasable area of 95,180 square feet… [Read More]

FPI Nexus annonce l’acquisition d’une propriété industrielle à locataire unique à Calgary

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MONTRÉAL et TORONTO, 24 août 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) est heureux d’annoncer aujourd’hui qu’il a levé les conditions d’acquisition d’une propriété industrielle à locataire unique située à Rocky View County (Alberta), dans la région métropolitaine de Calgary. La propriété a une superficie locative… [Read More]

Brookfield Property Partners Reminds Unitholders of Substantial Issuer Bid Expiry

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All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 24, 2020 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (“BPY”) (NASDAQ: BPY; TSX: BPY.UN) reminds unitholders that its previously announced substantial issuer bid (the “Offer”) to purchase up to $890 million of its limited partnership units (“BPY units”) for $12.00 per unit in… [Read More]

ViveRE Communities Announces a $2.6 Million Convertible Debenture Offering

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HALIFAX, NS, Aug. 24, 2020 /CNW/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company”) is undertaking a non-brokered private placement financing in the maximum amount of $2,600,000 in the form of a secured convertible debenture (“Debentures”).  The Debentures will have a par value of $1,000 per Debenture, an issue price of $950 per Debenture, an… [Read More]

Northwest Healthcare Properties Real Estate Investment Trust Releases Defensive Second Quarter 2020 Results and Announces Progress on Strategic Priorities along with Board and Management Appointments

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TORONTO, Aug. 24, 2020 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT”) (TSX: NWH.UN), Canada’s leading global diversified healthcare real estate investment trust, today announced its results for the three and six months ended June 30, 2020. Commenting on the REIT’s second quarter, Paul Dalla Lana, Chairman and CEO of the REIT, said:… [Read More]

RESAAS Announces Addition of Facebook Live Integration

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VANCOUVER, BC, Aug. 20, 2020 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce the addition of Facebook Live to the RESAAS Platform and the RESAAS Virtual Showcase. Facebook Live videos can now be embedded directly inside the RESAAS platform. This allows real… [Read More]

PROREIT Announces August 2020 Distribution

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MONTREAL, Aug. 20, 2020 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) announced today that a cash distribution of $0.0375 per trust unit of the REIT for the month of August 2020 will be payable on September 15, 2020 to unitholders of record as at August 31, 2020. About… [Read More]

Firm Capital Property Trust Announces Information Regarding Annual and Special Meeting of Unitholders

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TORONTO, Aug. 19, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (the “Trust”) (TSXV: FCD.UN) is providing the following update regarding its upcoming annual and special meeting of unitholders (the “Meeting”) to be held on August 26, 2020 at 11:00 am. Given the current circumstances surrounding COVID-19, the location of the Meeting will be the… [Read More]

Northern California MLS Selects RESAAS

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VANCOUVER, BC, Aug. 19, 2020 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce it has signed an agreement with Bay Area Real Estate Information Services (BAREIS), the leading multiple listing service (MLS) in Northern California. BAREIS MLS is a broker-owned MLS serving… [Read More]

S&P Upgrades Sobeys Inc. Credit Rating to Investment Grade

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STELLARTON, NS, Aug. 18, 2020 /CNW/ – Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) announced today that Standard & Poor’s (“S&P”) upgraded the issuer credit rating of Sobeys Inc. (“Sobeys”) and the issue level ratings on Sobeys unsecured notes to BBB- from BB+. S&P also changed the trend for Sobeys to Stable. S&P stated… [Read More]

Cominar Real Estate Investment Trust Announces August 2020 Monthly Distribution

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QUÉBEC CITY, Aug. 18, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar”) (TSX: CUF.UN) announced today a distribution of 3.00 cents per unit to unitholders of record as at August 31, 2020, payable on September 15, 2020.  PROFILE AS AT AUGUST 18, 2020 Cominar is one of the largest diversified real estate investment trusts in Canada and… [Read More]