EDMONTON, Alberta, March 25, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD) and Melcor Real Estate Investment Trust (TSX: MR.UN) today announced a number of the measures taken in response to unprecedented economic challenges brought about by the COVID-19 global pandemic and the drastic drop in the price of Alberta oil. To respond to… [Read More]
SmartCentres Declares Distribution for March 2020
TORONTO, March 25, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of March 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on April 15, 2020 to… [Read More]
SUSTAINABLE INFRASTRUCTURE DIVIDEND FUND IPO Raises $80 Million
CALGARY, Alberta, March 25, 2020 (GLOBE NEWSWIRE) — Middlefield Group, on behalf of Sustainable Infrastructure Dividend Fund (the âFundâ), is pleased to announce that the Fund has completed its initial public offering of 8,000,000 units at a price of $10.00 per unit for gross proceeds of $80 million. The units are listed on the Toronto… [Read More]
Boardwalk Thanks Its Team of Heroes for Ensuring Safe Homes for All Its Resident Members and Provides an Update to Its Stakeholders
CALGARY, March 24, 2020 /CNW/ – Boardwalk Real Estate Investment Trust – TSX: BEI.UN Boardwalk REIT (“Boardwalk”, “the Trust”, “We”) today provided an update on its operational response to the COVID-19 pandemic. Sam Kolias; Chairman and Chief Executive Officer of Boardwalk REIT commented: “Our world, our country, our provinces, and our communities are facing an unprecedented… [Read More]
Timbercreek Financial Declares March 2020 Dividend
TORONTO, March 24, 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 April 15, 2020 to holders of Common Shares of record on… [Read More]
NorthWest Healthcare Properties REIT Announces Intention to Make Normal Course Issuer Bid, Authorization of Automatic Securities Purchase Plan and Suspension of Distribution Reinvestment Plan
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 24, 2020 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN) (the “REIT“) announced today that the Toronto Stock Exchange (the “TSX“) has approved the REIT’s intention to make a normal course issuer bid (“NCIB“) for a portion… [Read More]
DREAM UNLIMITED CORP. ACQUIRES UNITS OF DREAM OFFICE REAL ESTATE INVESTMENT TRUST
TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX: DRM) (âDreamâ) announced today that it has acquired 390,000 REIT Units, Series A (âUnitsâ) of Dream Office REIT (TSX: D.UN) (âDream Office REITâ), representing approximately 0.6% of the issued and outstanding Units on the Toronto Stock Exchange (the âTSXâ) for aggregate consideration of $6,279,000… [Read More]
Automotive Properties REIT Reports 2019 Fourth Quarter and Year-End Results
TORONTO, March 23, 2020 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (“Automotive Properties REIT” or the “REIT”) today announced its financial results for the fourth quarter (“Q4 2019”) and year ended December 31, 2019 (“2019”). “We continue to expand our property portfolio through acquisitions with the addition of seven dealership properties in 2019… [Read More]
Maplewood International REIT Announces Special Cash Distribution for 2020 Fiscal Year
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, March 23, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the âREITâ), announced today that as a result of the REITâs successful closing of the sale of its sole investment property in the Netherlands, as… [Read More]
Artis Real Estate Investment Trust Provides Statement on COVID-19
WINNIPEG, March 23, 2020 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) today provided unitholders with an update on Artis’ business and the measures the REIT is taking to protect its tenants, its employees and the community as it relates to the COVID-19 virus pandemic. A message from Armin Martens,… [Read More]
SmartCentres offers government and health authorities free space to support COVID-19 efforts
TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — Today SmartCentres REIT (âSmartCentresâ) (TSX:SRU.UN), one of the largest real estate companies in Canada, announced that it is offering rent-free use of a total of up to 1-million square feet of space in 200 shopping centres across the country, as well as its land, parking lots and signage,… [Read More]
Summit Industrial Income REIT Signs New Unsecured Credit Facility
TORONTO, March 23, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has arranged and closed on a new $300 million unsecured revolving credit facility maturing on March 23, 2023 bearing an interest rate based on banker’s acceptance plus 170 basis points (bps) or bank prime plus 70… [Read More]
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