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Artis Real Estate Investment Trust Releases Third Quarter Results and Provides Update on New Initiatives

November 4, 2019 By NewsWire Tagged With: TSX:AX.UN

WINNIPEG, Nov. 4, 2019 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or the “REIT”) issued its financial results and achievements for the three and nine months ended September 30, 2019, and provided an update on its new initiatives announced on November 1, 2018, (the “New Initiatives”).  The third quarter results in this press… [Read More]

BTB Completes the Redemption of its Series E 6.90% Convertible Unsecured Subordinated Debentures

November 4, 2019 By NewsWire Tagged With: TSX:BTB.UN

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ MONTRÉAL, Nov. 4, 2019 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“) announces today that it has completed the redemption of all of its Series E 6.90% convertible unsecured subordinated debentures (the “Series E Debentures“).  The redemption was completed… [Read More]

Killam Apartment REIT Closes $100.5 Million Public Offering of Trust Units

November 4, 2019 By NewsWire Tagged With: TSX:KMP.UN

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Nov. 4, 2019 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) (“Killam”) is pleased to announce that it has closed its previously announced public offering (the “Offering”), on a bought-deal basis, of trust units (the “Units”) to the public at… [Read More]

CAPREIT Completes Acquisition of Interest in Luxury GTA Property

November 1, 2019 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Nov. 01, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that yesterday it has completed the acquisition of a one-third interest in the 506 luxurious, brand-new rental suites that form part of the mixed-use development on King Street West in downtown Toronto (Kings Club). As previously disclosed,… [Read More]

Summit Industrial Income REIT Announces Closing of Acquisition of 37 Property Portfolio for $588 Million and Conversion of Subscription Receipts

November 1, 2019 By NewsWire Tagged With: TSX:SMU.UN

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Nov. 1, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) is pleased to announce the closing of its previously announced acquisition of an institutional quality portfolio of 37 light industrial properties in Alberta totaling over… [Read More]

BSR Real Estate Investment Trust Files Preliminary Base Shelf Prospectus

November 1, 2019 By NewsWire Tagged With: TSX:HOM.U, TSX:HOM.UN

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ LITTLE ROCK, AR and TORONTO, Nov. 1, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX:HOM.U and HOM.UN) announced today that it has filed and obtained a receipt for a preliminary short form base shelf prospectus with… [Read More]

RBC Canadian Core Real Estate Fund raises $1.25 billion in first equity tranche, exceeding subscription targets

November 1, 2019 By NewsWire Tagged With: TSX:RY

Unique real estate fund is the result of a $7.5 billion collaboration with BCI and QuadReal TORONTO, Nov. 1, 2019 /CNW/ – RBC Global Asset Management Inc. (RBC GAM Inc.) today announced the first closing of the RBC Canadian Core Real Estate Fund (the Fund), which attracted more than $1.25 billion in equity commitments from… [Read More]

Summit Industrial Income REIT Expands Presence in Strong Greater Toronto Area

October 31, 2019 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Oct. 31, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it had waived conditions and will acquire 100% of a Class A light industrial property totaling 128,235 square feet located in Vaughan, Ontario in the Greater Toronto Area.  Summit will pay $25.5 million for the property,… [Read More]

Melcor REIT announces third quarter 2019 results

October 31, 2019 By Globenewswire Tagged With: TSX:MR-UN.TO, TSX:MR.UN

EDMONTON, Alberta, Oct. 31, 2019 (GLOBE NEWSWIRE) — Highlights Rental revenue was up 1% over Q3-2018 at $17.47 million; remained stable at $52.89 million year to date Net operating income grew 6% over Q3-2018 at $11.46 million; 3% to $33.85 million year to date Adjusted funds from operations (AFFO) increased 8% to $4.86 million or… [Read More]

Granite REIT Announces Closing of C$294 Million Bought Deal Equity Offering

October 31, 2019 By NewsWire Tagged With: TSX:GRT.UN

TORONTO, Oct. 31, 2019 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that it has closed its previously announced public offering (the “Offering”) of 4,600,000 stapled units (the “Units”), inclusive of 600,000 Units issued pursuant to the exercise in full of the over-allotment option, at a price of… [Read More]

BSR REIT Acquires Two Strategic Assets in Largest Texas Markets for $92.8 Million

October 31, 2019 By NewsWire Tagged With: TSX:HOM.U, TSX:HOM.UN

LITTLE ROCK, AR and TORONTO, Oct. 31, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX:HOM.U and HOM.UN) announced today that it has acquired Satori at Long Meadow Apartments (“Satori”) in Richmond, Texas and Auberry at Twin Creeks (“Auberry”) in Allen, Texas for a total of $92.8 million. Richmond is located… [Read More]

PROREIT Announces Date for Release of Third Quarter 2019 Results and Conference Call

October 31, 2019 By NewsWire Tagged With: TSX:PRV.UN

MONTREAL, Oct. 31, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) will release its 2019 third quarter financial results on Wednesday, November 13, 2019, after markets close. Mr. James W. Beckerleg, President and Chief Executive Officer, and Mr. Gordon G. Lawlor, Executive Vice President and CFO, will host a conference… [Read More]

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