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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

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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

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/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

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CALGARY, Alberta, Feb. 20, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN) announced today that it has entered into an arrangement agreement (the “Arrangement Agreement”) with affiliates of Starlight Group Property Holdings Inc. (“Starlight”) and KingSett Capital Inc. (“KingSett”) (collectively, the “Purchasers”) pursuant to which the Purchasers will acquire Northview, and… [Read More]

Allied Announces Renewal of Normal Course Issuer Bid

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TORONTO, Feb. 20, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:AP.UN)(“Allied”) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) for a normal course issuer bid (“NCIB”) which will enable it to purchase up to 12,100,300 of its 122,838,799 issued and outstanding units (“Units”) as at February 10, 2020, representing approximately… [Read More]

RioCan Announces Fourth Quarter and Year End Results for 2019

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TORONTO, Feb. 20, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) today announced its financial results for the three months (“Fourth Quarter”) and year ended December 31, 2019. “We are pleased to announce that our major market portfolio, as of December 31, 2019, provides us with 90.1% of our annualized revenue,… [Read More]

Genworth MI Canada Inc. Announces Special Dividend

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TORONTO, Feb. 19, 2020 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has declared a special dividend of $2.32 per common share, for an aggregate amount of approximately $200 million. This special dividend is to be paid on March 19, 2020, to shareholders of record… [Read More]

Summit Industrial Income REIT Reports Record Growth and Operating Performance in 2019

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TORONTO, Feb. 19, 2020 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today record operating and financial performance for the three months and year ended December 31, 2019. 2019 Highlights: Revenues up 54.3% on portfolio growth, high stable occupancies and rent increases. Occupancy strong at 98.5% with average lease… [Read More]

SmartCentres Declares Distribution for February 2020

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TORONTO, Feb. 19, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of February 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis.  Payment will be made on March 16, 2020 to… [Read More]

Cominar Real Estate Investment Trust Announces February 2020 Monthly Distribution

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QUÉBEC CITY, Feb. 19, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today a distribution of 6.00 cents per unit to unitholders of record as at February 28, 2020, payable on March 16, 2020.  PROFILE AS AT FEBRUARY 19, 2020Cominar is one of the largest diversified real estate investment trusts in… [Read More]

Killam Apartment REIT Announces February 2020 Distribution

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HALIFAX, Feb. 19, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its February 2020 monthly distribution. The distribution of $0.055 per unit will be paid on March 16, 2020, to unitholders of record on February 28, 2020. On February 12, 2020, Killam announced a 3.0% increase to its distribution. The monthly distribution… [Read More]

Proreit Announces February 2020 Distribution

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/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÉAL, Feb. 19, 2020 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSX: PRV.UN) announced today that a cash distribution of $0.0525 per trust unit of the REIT (“Units“) for the month of February 2020 will… [Read More]

CAPREIT Announces February 2020 Distribution

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TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its February 2020 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The February distribution will be payable on March 16, 2020 to Unitholders of record on February 28,… [Read More]