Sentiment on housing market consistent year over year COVID shaking up buyer expectations and location TORONTO, Sept. 24, 2020 /CNW/ – BMO, today, has issued the first in a series of releases on the Canadian housing market. According to the survey, while COVID is affecting the experience and expectations for first-time homebuyers, many continue to have… [Read More]
Plaza Retail REIT Renews Normal Course Issuer Bid
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
TORONTO, Sept. 23, 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 October 15, 2020 to holders of Common Shares of record on… [Read More]
Northview Apartment REIT Announces September 2020 Distribution
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
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) (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]
Marwest Apartment REIT Closes Initial Public Offering
/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
TORONTO and MONTREAL, Sept. 22, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the âREITâ) (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
MONTRÃAL et TORONTO , 22 sept. 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourdâhui 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
TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (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 CAPREITâs cash and cash equivalents. The London property… [Read More]
PROREIT Announces September 2020 Distribution and Renewal of Normal Course Issuer Bid
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÃAL, 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
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) (âTimbercreek Financialâ or the âCompanyâ) is pleased to announce that it has entered into an amendment to its existing revolving credit facility (âCredit Facilityâ) in… [Read More]
ERES REIT Announces Acquisition Of €26.25MM Multi-Residential 5-Property Portfolio
TORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, âERESâ or the âREITâ) announced today that it has entered into an agreement to acquire a multi-residential portfolio of five properties located in the Netherlands (the âKairos Portfolioâ). The Kairos Portfolio is comprised of 113 residential suites and 98 parking units… [Read More]
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