TORONTO, March 6, 2020 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq” or the “Company”) (TSX: BRE) a leading provider of services to residential real estate brokers and their REALTORS®1, today announced its 2019 annual and fourth quarter financial results and the approval of a monthly dividend to holders of the Company’s restricted voting shares…. [Read More]
Melcor REIT announces 2019 annual results
EDMONTON, Alberta, March 05, 2020 (GLOBE NEWSWIRE) — Annual Highlights Rental revenue of $71.16 million for growth of 1% over 2018. Net rental income of $42.39 million for growth of 1% over 2018. Adjusted cash flow from operations (ACFO) decreased 3% to $18.61 million or $0.66 per unit. Debt to Gross Book Value (GBV) ratio… [Read More]
RioCan Real Estate Investment Trust Announces Inaugural Green Bond Offering
Issuance of $350 million of 7-Year Series AC Senior Unsecured Debentures at an Annual Coupon Rate of 2.361% NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION TO THE UNITED STATES TORONTO, March 05, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN ) today announced that it has… [Read More]
Park Lawn Corporation Accelerates Development of the Eternal Sunset Memorial Park and Cemetery
Approximately 12,000 new lots have been developed since November 2018. Phase 2 construction is underway with 6,000 new lots expected to be developed by the end of 2020 TORONTO, March 5, 2020 /CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) is pleased to provide an update on the continuing development of the… [Read More]
Morguard Real Estate Investment Trust Advises of Continued Discussions with Obsidian Energy
MISSISSAUGA, ON, March 5, 2020 /CNW/ – On February 27, 2020, Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) announced that it was in formal discussions with Obsidian Energy Ltd (“Obsidian”) regarding a potential lease amendment for its Penn West Plaza tenancy. These discussions continue and the Trust will advise when discussions are concluded. Penn West Plaza is… [Read More]
Cominar Announces 2019 Results, Further Progress on Transformation, Strengthening of Balance Sheet and Increase in Book Value per Unit
QUÃBEC CITY, March 5, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) is pleased to announce its results for the fourth quarter and fiscal year ended December 31, 2019. 2019 FOURTH QUARTER AND FULL YEAR â HIGHLIGHTS Net income per unit for 2019 was $2.54 compared to ($1.17) in… [Read More]
CAPREIT Continues to Modernize Property Portfolio
TORONTO, March 05, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has purchased a brand-new 16-storey apartment building containing 112 suites well-located in the Greater Montreal Area municipality of Brossard Quebec. CAPREIT paid $43.5 million for the property financed in cash from its Acquisition and Operating… [Read More]
NorthWest Healthcare Properties Real Estate Investment Trust Releases Strong Fourth Quarter and Full Year 2019 Results
TORONTO, March 4, 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 twelve months ended December 31, 2019. Commenting on the activity, Paul Dalla Lana, CEO of the REIT, said: “2019 was another… [Read More]
ViveRE Communities Inc. Provides Corporate Update
/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/ HALIFAX, March 4, 2020 /CNW/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company”) provides the following corporate update. ViveRE’s plan to acquire recently built or refurbished, highly leased multi-residential properties in bedroom communities across Canada continues to advance. The… [Read More]
First Capital REIT Announces Further Reduction in Gazit’s Ownership to 3.0%
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, March 4, 2020 /CNW/ – First Capital REIT (“First Capital” or “FCR”) (TSX: FCR.UN), one of Canada’s leading developers, owners and operators of mixed-use urban real estate in Canada’s most densely populated neighbourhoods, announced today that Gazit-Globe Ltd. (together with its affiliates,… [Read More]
Colliers Canada Promotes Brian Rosen to President & CEO
TORONTO, March 04, 2020 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI), announced today that Brian Rosen, currently Chief Operating Officer | Canada, will succeed David Bowden as President & Chief Executive Officer | Canada, effective March 31, 2020. Bowden will transition to a… [Read More]
Dream Unlimited Corp. Quarterly Class A Subordinate Voting Share and Class B Common Share Dividend
TORONTO, March 04, 2020 (GLOBE NEWSWIRE) — DREAM UNLIMITED CORP. (TSX:DRM) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.030 per Class A Subordinate Voting Share and Class B Common Share payable on March 31, 2020 to shareholders of record on March 13, 2020. The dividends… [Read More]
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