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Plaza Retail REIT Renews Normal Course Issuer Bid

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FREDERICTON, NB, Sept. 24, 2020 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) announced today that it has received approval from the Toronto Stock Exchange (the “TSX”) to renew its existing normal course issuer bid (the “NCIB” or “bid”) for a further year.  Under the terms of the renewed NCIB, Plaza may purchase up to 6,472,223… [Read More]

Timbercreek Financial Declares September 2020 Dividend

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TORONTO, Sept. 23, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on October 15, 2020 to holders of Common Shares of record on… [Read More]

Northview Apartment REIT Announces September 2020 Distribution

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CALGARY, Alberta, Sept. 22, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (NVU.UN – TSX) announced its September 2020 monthly distribution in the amount of $0.1358 per trust unit. The distribution will be payable on October 15, 2020 to holders of trust units of record at September 30, 2020. Northview Apartment REIT offers… [Read More]

Urbanfund Corp. Declares Dividend

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 22, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), announces that the Board of Directors of the Company has declared a dividend of $0.0075 per common share… [Read More]

Marwest Apartment REIT Closes Initial Public Offering

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/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ WINNIPEG, MB, Sept. 22, 2020 /CNW/ – Marwest Apartment Real Estate Investment Trust (“Marwest Apartment REIT” or the “REIT”) (TSXV: MAR.P) is pleased to announce today that it completed its initial public offering (the “IPO“) of 1,000,000 Class A trust units (“Units“) issued… [Read More]

Nexus REIT Announces September 2020 Distribution and Issuance of Units to Settle Debt

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TORONTO and MONTREAL, Sept. 22, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announced today the declaration of the September 2020 distribution. The REIT will make a cash distribution in the amount of $0.01333 per unit, representing $0.16 per unit on an annualized basis, payable October 15, 2020 to unitholders of… [Read More]

FPI Nexus annonce la distribution du mois de septembre 2020 et une émission de parts en règlement d’une dette

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MONTRÉAL et TORONTO , 22 sept. 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourd’hui la déclaration de la distribution de septembre 2020. Le FPI versera une distribution en espèces de 0,01333 $ par part, représentant 0,16 $ par part sur une base annualisée, payable le… [Read More]

CAPREIT Completes Western Ontario Acquisitions

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TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the previously-announced purchase of two properties in London and Sarnia, Ontario aggregating 301 residential suites. CAPREIT paid $50.0 million for the two properties, funded by CAPREIT’s cash and cash equivalents. The London property… [Read More]

PROREIT Announces September 2020 Distribution and Renewal of Normal Course Issuer Bid

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/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÉAL, Sept. 21, 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 (“Units“) for the month of September 2020… [Read More]

Timbercreek Financial Exercises Accordion Feature of its Revolving Credit Facility and Announces Redemption of 5.40% Convertible Unsecured Debentures

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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company”) is pleased to announce that it has entered into an amendment to its existing revolving credit facility (“Credit Facility”) in… [Read More]

ERES REIT Announces Acquisition Of €26.25MM Multi-Residential 5-Property Portfolio

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TORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has entered into an agreement to acquire a multi-residential portfolio of five properties located in the Netherlands (the “Kairos Portfolio”). The Kairos Portfolio is comprised of 113 residential suites and 98 parking units… [Read More]

Morguard’s Fifth Annual BeYou Campaign works to Keep Kids Connected in support of Big Brothers Big Sisters Canada

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MISSISSAUGA, ON, Sept. 18, 2020 /CNW/ – For the fifth year in a row, Morguard Corporation (“Morguard”) (TSX: MRC) is joining forces with Big Brothers Big Sisters of Canada (“BBBSC”) through our BeYou campaign to help keep kids connected and raise funds to support BBBSC programs. The 2020 campaign officially launches today with an empowering… [Read More]