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]
Early Warning Release
All amounts in Canadian dollars unless otherwise stated. TORONTO, March 18, 2020 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (âBrookfieldâ) (TSX: BAM.A; NYSE: BAM) reports that, through its affiliates, Brookfield has acquired, in aggregate, 1,172,339 common shares (the âCommon Sharesâ) in the capital of TransAlta Corporation (âTransAltaâ) on the Toronto Stock Exchange in open market… [Read More]
Genworth MI Canada Inc. Announces Redemption Price for 5.68% Debentures due June 15, 2020
TORONTO, March 18, 2020 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) announced on February 20, 2020 that it would redeem all of its outstanding 5.68% debentures due June 15, 2020 (the “Debentures”), being $175 aggregate principal amount, on March 23, 2020 (the “Redemption Date”). Today, the Company has determined the redemption price… [Read More]
A Message from Vlad Volodarski, CEO of Chartwell
MISSISSAUGA, ON, March 18, 2020 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) today issued the following statement from Vlad Volodarski, CEO of Chartwell: Today, more than ever, the top priority of every member of the Chartwell organization is the safety and well-being of our residents, their families and our staff. Our residences staff, with… [Read More]
STORAGEVAULT ANNOUNCES QUARTERLY DIVIDEND FOR Q1 2020
TORONTO, March 18, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (âStorageVaultâ or the âCorporationâ) (SVI-TSX-V) announced today that a quarterly dividend of $0.002667 per common share (âCommon Shareâ) will be payable on April 15, 2020 to shareholders of record on March 31, 2020, with an ex-dividend date of March 30, 2020. This dividend has been… [Read More]
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