REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada


Killam Apartment REIT Announces Timing of 2019 Results and Webcast

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HALIFAX, Jan. 2, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) will release its financial results for the year ended December 31, 2019, on Wednesday, February 12, 2020, after the close of the Toronto Stock Exchange. A webcast and conference call to discuss these results and current business initiatives will be held on Thursday, February 13,… [Read More]

Imperial Equities announces the purchase of the Wajax Building in Nisku Industrial Park

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EDMONTON, Jan. 2, 2020 /CNW/ – Imperial Equities Inc. (“Imperial”) today has announced it has finalized the purchase of the Wajax Building in Nisku Industrial Park, Leduc County, Alberta. The transaction, which closed on December 30, 2019, is a sale lease-back arrangement, valued at $6,670,000.00.  The 37,200 square foot industrial building is located at 1403 –… [Read More]

Firm Capital American Realty Partners Corp. Completes Conversion to an Investment Trust Pursuant to a Plan of Arrangement

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(All amounts are in US Dollars unless otherwise stated.) TORONTO, Jan. 2, 2020 /CNW/ – Firm Capital American Realty Partners Corp. (the “Company“), (TSXV: FCA.U), (TSXV: FCA) today announced that it has completed its previously announced statutory plan of arrangement (the “Arrangement”) under the Business Corporations Act (Ontario) pursuant to which the Company converted from… [Read More]

Timbercreek Financial Extends Term of Revolving Credit Facilities

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TORONTO, Dec. 30, 2019 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company”) is pleased to announce that on December 20, 2019, the Company entered into an amendment to its existing revolving credit facilities to extend the term of the facility for an additional year to December 18, 2021.  A syndicate… [Read More]

Morguard North American Residential REIT Completes Acquisition of Luxury Residential Complex in Downtown Chicago

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The REIT has acquired the remaining interest in the Marquee at Block 37, a premium multi-suite residential property at the heart of Chicago’s coveted Loop MISSISSAUGA, ON, Dec. 30, 2019 /CNW/ – Morguard North American Residential REIT (TSX: MRG.UN) (the “REIT”) completed the acquisition of the remaining 51% ownership interest in the luxury residential complex, the Marquee at… [Read More]

First Capital Realty Completes Conversion to a Real Estate Investment Trust

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/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Dec. 30, 2019 /CNW/ – First Capital Real Estate Investment Trust (the “REIT” or “First Capital”), one of Canada’s leading developers, owners and operators of mixed-use urban real estate in Canada’s most densely populated centres, is pleased to announce that the… [Read More]

Invesque Inc. Closes on Acquisition of the Final Three Communities Comprising the Commonwealth Senior Living Portfolio Transaction

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TORONTO, Dec. 24, 2019 /CNW/ – Invesque Inc. (TSX: IVQ.U and IVQ) (“Invesque” or the “Company”) announced the closing of the previously announced acquisition of three private pay senior living communities comprising 196 units with 234 beds (the “Second Tranche“). The closing represents the last three communities comprising the Commonwealth Senior Living (“CSL”) portfolio transaction announced on… [Read More]

CAPREIT Appoints New Member of Board of Trustees

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TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that Mr. René Tremblay has been appointed as a member of CAPREIT’s Board of Trustees effective January 1, 2020. Mr. Tremblay has over 35 years of experience in the real estate industry, having been involved in international investment… [Read More]

Middlefield Global Real Asset Fund Announces Initial Investment in Blackstone's Core+ Real Estate Investment LP

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CALGARY, Alberta, Dec. 23, 2019 (GLOBE NEWSWIRE) — Middlefield Group is pleased to announce that the Middlefield Global Real Asset Fund (“the Fund”) (TSX: RA.UN) has completed its initial investment in Blackstone’s Core+ Real Estate Investment Limited Partnership. The Fund provides investors with exposure to attractive global real estate and infrastructure assets across both public… [Read More]

Park Lawn Corporation Announces December 2019 Dividend

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TORONTO, Dec. 23, 2019 /CNW/ – Park Lawn Corporation (TSX:PLC) ( “PLC“) announced today that the monthly dividend of $0.038 per share will be payable on January 15th, 2020 to shareholders of record at December 31st, 2019. PLC offers a Dividend Reinvestment Plan (“DRIP“) which allows eligible shareholders of PLC to reinvest their cash dividends… [Read More]

Inovalis Real Estate Investment Trust Announces Closing of $51.5 Million Bought Deal Financing

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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 23, 2019 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT“) (TSX: INO.UN) today announced the closing of its previously announced public offering (the “Offering“) of  4,835,110 trust units (“Units“), inclusive of 609,710 Units issued pursuant to the partial exercise of… [Read More]

Automotive Properties REIT Completes $92 Million Equity Offering

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/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Dec. 23, 2019 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (“Automotive Properties REIT” or the “REIT”) announced today that it has closed its previously announced bought deal public offering of 7,900,500 units at a price of $11.65 per… [Read More]