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PROREIT announces June 2019 distribution

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/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTRÉAL, June 19, 2019 /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 June 2019 will… [Read More]

Partners Announces Results of Annual General Meeting of Unitholders

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TORONTO, June 19, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX: PAR.UN) announces the results of voting conducted on June 19, 2019 at the REIT’s annual general meeting of unitholders. A total of approximately 27,328,218 units (approximately 59.31% of the 46,079,063 units outstanding) were represented in person or by… [Read More]

Dream Hard Asset Alternatives Trust Announces June 2019 Monthly Distribution

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TORONTO, June 19, 2019 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) (“Dream Alternatives”) today announced its June 2019 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The June distribution will be payable on July 15, 2019 to unitholders of record as at June 28, 2019.  Dream Alternatives… [Read More]

Allied Announces Closing of $345 Million Public Equity Offering

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, June 19, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has closed its previously announced offering of 7,176,000 units (inclusive of 936,000 units issued pursuant to the exercise in full… [Read More]

BSR REIT Continues Capital Recycling Program With Sale of Two Noncore Assets

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LITTLE ROCK, AR and TORONTO, June 19, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U; HOM.UN) announced today that it has sold two additional noncore assets as part of the REIT’s portfolio enhancement and capital recycling strategy. The total consideration received of $22.1 million exceeded the initial public offering… [Read More]

MACH specifies structure of its formal proposal to Transat

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MONTREAL, June 18, 2019 /CNW Telbec/ – Group Mach Inc. (“MACH”) confirms that the proposed acquisition structure in its formal proposal to acquire all issued and outstanding voting shares (the “Shares”) of Transat A.T. Inc. (TSX: TRZ) (“Transat”) at a price of $14.00 cash per Share to the attention of the Board of Directors of… [Read More]

Urbanfund Corp. Announces Dividend Increase Commencing June 2019

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 18, 2019 (GLOBE NEWSWIRE) — Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”) is pleased to announce that the Company’s Board of Directors has declared an increase to its annualized dividend distribution by 1 cent to $0.03 per common… [Read More]

InterRent REIT Announces $175 Million Equity Offering to Fund Property Acquisitions in the City of Montreal

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, June 18, 2019 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or the “REIT”) announced today that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by Scotiabank, Desjardins Capital Markets and… [Read More]

Holloway Lodging Corp. Announces Sale of Timmins Hotels

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/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, June 18, 2019 /CNW/ – Holloway Lodging Corporation (TSX: HLC) (TSX: HLC.DB) (“Holloway”) is pleased to announce that it has sold its Super 8® and Travelodge® hotels located in Timmins, ON. The sale price for the hotels was $11.4 million… [Read More]

Crombie REIT Announces June 2019 Monthly Distribution

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NEW GLASGOW, NS, June 18, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from June 1, 2019, to and including June 30, 2019. The distribution will be payable on July 15, 2019, to unitholders of record as at June 30, 2019. About… [Read More]

Pure Multi-Family REIT LP Announces June Distribution

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VANCOUVER, June 18, 2019 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi-Family”) (TSX: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) announced today that the Board of Directors of Pure Multi-Family REIT (GP) Inc., the governing general partner of Pure Multi-Family, has approved a cash distribution of US$0.03125 per unit for the month of June 2019 (equivalent to… [Read More]