HALIFAX, March 23, 2020 /CNW/ – Denis Arsenault (“Denis“) announced today that he has acquired ownership of securities of ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE“), with its head office at 1969 Upper Water Street, Suite 2108, Halifax, Nova Scotia, B3J 3R7, for an aggregate purchase price of $3,500,000. The securities were purchased in connection with the sale of… [Read More]
Lightspeed Introduces Initiatives Supporting Local Businesses
Small and medium-sized businesses around the world impacted by COVID-19 will receive free resources from global POS leader MONTREAL, March 23, 2020 /CNW Telbec/ – Lightspeed POS Inc. (“Lightspeed” or the “Company”) (TSX: LSPD) today announced several new initiatives to support its local retail and restaurant customers who have been affected by the global COVID-19 pandemic. Effective immediately, and… [Read More]
NORTHVIEW APARTMENT REIT ANNOUNCES END OF “GO-SHOP” PERIOD
CALGARY, Alberta, March 23, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (âNorthviewâ or the âREITâ) (TSX:NVU.UN) today announced the expiration of the 30-day go-shop period (the âGo-Shop Periodâ) provided for in the arrangement agreement dated February 19, 2020 (the âArrangement Agreementâ) among the REIT, affiliates of Starlight Group Property Holdings Inc. (âStarlightâ)… [Read More]
First Capital REIT Announces $30 Million Small Business Support Program
Effective April 1, the FCR Small Business Support Program brings immediate relief to qualifying FCR small businesses impacted by the COVID-19 pandemic TORONTO, March 23, 2020 /CNW/ – First Capital REIT (“First Capital”, “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… [Read More]
Melcor REIT announces April distribution of $0.03 per unit to proactively strengthen our balance sheet
EDMONTON, Alberta, March 20, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of April. This represents a reduction of 47% to the current distribution. The March distribution, payable April 15, 2020, will remain… [Read More]
MAPLEWOOD INTERNATIONAL REIT ANNOUNCES CLOSING OF INVESTMENT PROPERTY SALE
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, March 20, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the âREITâ), announced today that further to the press release dated March 6, 2020 regarding the execution by the REIT of a binding purchase and… [Read More]
Starlight U.S. Multi-Family (No. 1) Core Plus Fund to Acquire Two Apartment Complexes in Austin, Texas and Raleigh, North Carolina
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 20, 2020 /CNW/ – Starlight U.S. Multi-Family (No. 1) Core Plus Fund (TSX.V: SCPO.UN) (the “Fund”) announced today that it has entered into agreements to acquire 401 Teravista (“Teravista”), a 320-unit, garden-style, core-plus multi-family property completed in 2008, that is… [Read More]
BROOKFIELD PROPERTY PARTNERS PROVIDES UPDATE ON COVID-19
BROOKFIELD NEWS, March 20, 2020 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; TSX: BPY.UN) today provided an update to the investment community regarding the COVID-19 pandemic. A message from management to BPY unitholders can be accessed here: https://bpy.brookfield.com/~/media/Files/B/Brookfield-BPY-IR-V2/letters-to-unitholders/2020/bpy-covid-19-ltu.pdf. Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc.,… [Read More]
American Hotel Income Properties REIT LP Provides Update Regarding Hotel Operations and Distribution Policy
All 79 hotels are currently open for business and are serving guests in compliance with government health guidelines Decline in occupancy rates in the past week as a result of social distancing mandates, travel restrictions and overall heightened awareness of COVID-19 Aggressive cost saving and cash management strategies have been implemented to preserve cash and… [Read More]
Firm Capital Property Trust Announces Closing of a 50% Interest in a $10.7 Million Industrial Portfolio
TORONTO, March 19, 2020 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of its previously announced acquisition of a 50% interest in two industrial properties located in Edmonton and Leduc, Alberta (the “Portfolio“). The acquisition price for 100% of the Portfolio is approximately $10.7 million… [Read More]
NorthWest Healthcare Properties Real Estate Investment Trust Comments on COVID-19 Impact, Implementation of NCIB and $380 Million of Liquidity
TORONTO, March 19, 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 issued the following statement regarding the evolving COVID-19 pandemic: “At Northwest, the safety of our tenants, our employees and the broader community is our top priority and we are… [Read More]
PROREIT Announces March 2020 Distribution
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÃAL, March 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 March 2020… [Read More]
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