A decline in property values helped improve RBC’s affordability measure for Canada for the first time in more than three years in Q4/2018 The improvement was widespread across the country Owning a home in Vancouver, Toronto and Victoria is still way out of reach for many buyers TORONTO, March 28, 2019 /CNW/ – After three… [Read More]
Crombie REIT Announces Appointments to Leadership Team
NEW GLASGOW, NS, March 28, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to announce that Clinton Keay is joining the company as Chief Financial Officer and Secretary, effective May 15, 2019. Mr. Keay is currently Executive Vice President IT and Transformation for Sobeys Inc., where he oversees company efforts to restructure… [Read More]
Terra Firma Capital Corporation Reports Fourth Quarter & Full Year 2018 Financial Results
42% GROWTH IN LOANS AND MORTGAGE INVESTMENTS YEAR OVER YEAR64% GROWTH IN LOAN AND MORTGAGE SYNDICATIONS YEAR OVER YEAR63% GROWTH IN QUARTERLY REVENUE YEAR OVER YEAR
CAPREIT Appoints Mark Kenney as Chief Executive Officer and Trustee
TORONTO, March 27, 2019 /CNW/ – Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that Mark Kenney has been appointed Chief Executive Officer of CAPREIT and as a member of CAPREIT’s board of trustees, effective March 27, 2019. Mr. Kenney joined CAPREIT in 1998 and, since that time, has been actively involved… [Read More]
PROREIT Announces Fourth Quarter and Full Year 2018 Results
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ Total assets reached $509.7 million, a 39% year-over-year increase Net comprehensive income grew 86.7% on a year-over-year basis Net operating income1 grew 42.6% on a year-over-year basis AFFO1 increased 38.9% year-over-year Occupancy rate rose 250 basis points to 98.2% Internalization… [Read More]
CAPREIT Announces Timing of First Quarter 2019 Results & Conference Call and 2018 Annual Unitholders’ Meeting
TORONTO, March 27, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three months ended March 31, 2019 after markets close on:
BSR REIT Completes Acquisition of Wimberly Apartments in Dallas-Fort Worth
LITTLE ROCK, AR and TORONTO, March 27, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) announced today that it has completed the purchase of Wimberly Apartments (“Wimberly” or the “Property”), in Dallas, Texas for US$53.1 million. Wimberly Apartments are located in North Dallas, close to the high traffic interchange… [Read More]
BSR REIT Completes Acquisition of Wimberly Apartments in Dallas-Fort Worth
LITTLE ROCK, AR and TORONTO, March 27, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) announced today that it has completed the purchase of Wimberly Apartments (“Wimberly” or the “Property”), in Dallas, Texas for US$53.1 million. Wimberly Apartments are located in North Dallas, close to the high traffic interchange… [Read More]
Terra Firma Capital Corporation Provides Update on Urbancorp Matters
TORONTO, March 27, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), a real estate finance company, provides the following update on various matters related to its loans in default with entities controlled or related to Urbancorp Inc. and its principals (the “Borrower”):
Brookfield Property Partners Announces Preliminary Results of Substantial Issuer Bid
All dollar references are in U.S. dollars, unless noted otherwise.
European Commercial REIT Delivers Strong Operating Performance in 2018
Expects to Acquire 2,091 Rental Residential Suites in the Netherlands to Accelerate Growth TORONTO, March 26, 2019 /CNW/ – European Commercial Real Estate Investment Trust (“ECREIT” or the “REIT”) (TSX-V: ERE.UN) announced today strong operating performance for the year ended December 31, 2018. 2018 HIGHLIGHTS Portfolio growth and operating performance generate strong results: Property revenues up… [Read More]
Automotive Properties REIT Announces Agreements to Acquire Two Dealership Properties in Winnipeg from AutoCanada
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 26, 2019 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) announced today that it has entered into agreements to purchase two automotive dealership properties in Winnipeg, Manitoba from AutoCanada Inc. (TSX: ACQ) (“AutoCanada”) for a… [Read More]
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