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Manulife Investment Management closes $1.2 Billion U.S. Real Estate Joint Venture with Harel Insurance Investments & Financial Services Ltd.

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US$ unless otherwise statedTSX/NYSE/PSE: MFC    SEHK: 945 BOSTON, Dec. 19, 2019 /CNW/ – Manulife Investment Management (Manulife) announced today that as part of its ongoing effort to provide specialized asset management solutions for global investors, its Private Markets group has closed a U.S. real estate joint venture with Harel Insurance Company Ltd. (Harel), a unit of… [Read More]

SmartCentres Real Estate Investment Trust Announces $450 Million Series U Senior Unsecured Debenture Issue

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that it has agreed to issue $450 million aggregate principal amount of Series U senior unsecured debentures on an agency basis.  The Series U debentures will… [Read More]

SmartCentres Declares Distribution for December 2019

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TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of December 2019 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis.  Payment will be made on January 15, 2020 to… [Read More]

True North Commercial Real Estate Investment Trust Closes Acquisition of a Class “AAA”, BOMA Best Gold Certified Office Complex

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368,800 square feet, 98% occupied, lease term of 4.8 years /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Dec. 18, 2019 /CNW/ – True North Commercial Real Estate Investment Trust  (TSX: TNT.UN) (the “REIT“) is pleased to announce it has closed the previously announced acquisition of a Class “AAA” office complex located… [Read More]

Morguard North American Residential REIT Announces Normal Course Issuer Bid

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MISSISSAUGA, ON, Dec. 18, 2019 /CNW/ – Morguard North American Residential Real Estate Investment Trust (TSX: MRG.UN) (the “REIT”) announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and/or alternative Canadian trading systems. The notice provides that the… [Read More]

Timbercreek Financial Declares December 2019 Dividend

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TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on January 15, 2020 to holders of Common Shares of record on… [Read More]

Firm Capital Property Trust Completes $23 Million Bought Deal Financing of Trust Units

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/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 18, 2019 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSX-V: FCD.UN) is pleased to announce that it that it has closed its previously announced public offering of 3,450,000 trust units at a… [Read More]

ERES REIT Announces Closing of C$144 Million Equity Financing and Closing of €105 Million Acquisition

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/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Dec. 18, 2019 /CNW/ – European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES”) announced today that it has closed its previously announced issue and sale of 30,915,400 trust units (the “Units”) at a price of C$4.65 per Unit for aggregate gross… [Read More]

WPT Industrial Real Estate Investment Trust Announces December 2019 Distribution

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TORONTO, Dec. 17, 2019 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of December 2019 of US$0.0633 per unit. The distribution will be payable on January 15, 2020 to unitholders of record as… [Read More]

Killam Apartment REIT Announces December 2019 Distribution

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HALIFAX, Dec. 17, 2019 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its December 2019 monthly distribution. The distribution of $0.055 per unit will be paid on January 15, 2020, to unitholders of record on December 31, 2019. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may reinvest… [Read More]

Cadillac Fairview and TD Asset Management Inc. announce co-ownership in CF Carrefour Laval and the opportunity to acquire a 50 per cent interest in CF Sherway Gardens

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TORONTO, Dec. 17, 2019 /CNW/ – Cadillac Fairview (“CF”) has entered into a binding agreement to sell a 50 per cent interest in CF Carrefour Laval to clients of TD Asset Management Inc. (“TDAM”) invested primarily in the TD Greystone Real Estate L.P. Fund and TD Greystone Real Estate Fund Inc. (the “Funds”). TDAM also has… [Read More]