CALGARY, Aug. 6, 2019 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.DB) is pleased to announce that its board of directors has approved a monthly dividend on Mosaic’s common shares of $0.035 per share (or $0.42 per share on an annualized basis). This dividend will be paid August 30, 2019 to holders of… [Read More]
Temple Hotels Inc. Reports 2019 Second Quarter Financial Results
MISSISSAUGA, ON, Aug. 6, 2019 /CNW/ – Temple Hotels Inc. (“Temple” or the “Company”) (TSX: TPH) today reported its financial results for the three months ended June 30, 2019 (“second quarter”). The following comments in regard to the financial position and operating results of Temple should be read in conjunction with Management’s Discussion & Analysis… [Read More]
Allied Announces Launch of Offering of Series D Senior Unsecured Debentures
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Aug. 06, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) (âAlliedâ) announced today that it has launched an offering of a minimum of $225 million aggregate principal amount of series D senior unsecured debentures (the âDebenturesâ)…. [Read More]
Artis REIT Announces Retention of Advisors by Special Committee
WINNIPEG, Aug. 6, 2019 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) is pleased to announce that its Board’s Special Committee has retained Citigroup Global Markets Inc. and Scotiabank to provide financial advisory services to the Committee in connection with Artis’ previously announced strategic alternatives review. Goodmans LLP is legal… [Read More]
RioCan Announces Second Quarter Results for 2019
TORONTO, Aug. 02, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCan” or the “Trustâ) today announced its financial results for the three and six months ended June 30, 2019 (“Second Quarter”). âRioCan continued to deliver strong unitholder value in the second quarter of 2019 as a result of the successful execution of our major… [Read More]
Brookfield Property Partners Reports Second Quarter 2019 Results
All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 02, 2019 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPR; TSX: BPY.UN) (âBPYâ) today announced financial results for the quarter ended June 30, 2019. âIn the second quarter, we achieved earnings growth of 6% and were active in monetizing… [Read More]
ViveRE Communities Provides Business Update
HALIFAX, Aug. 1, 2019 /CNW/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company“) provides the following business update. ViveRE’s plan to acquire recently built or refurbished, highly leased multi-residential properties in bedroom communities across Canada continues to advance. The Company aims to satisfy the needs of the newly emerging 55+ resident. The demographic that… [Read More]
Melcor Developments announces second quarter results, declares quarterly dividend of $0.12 per share
EDMONTON, Alberta, Aug. 01, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2019. Revenue was down 4% to $41.09 million compared to Q2-2018. Year to date revenue was $75.97 million, down 13% compared… [Read More]
Invesque Inc. Closes on Previously Announced Acquisition of Commonwealth Senior Living and 17 of its Communities
TORONTO, Aug. 1, 2019 /CNW/ – Invesque Inc. (TSX: IVQ.U) (“Invesque” or the “Company”) announced the closing of the previously announced acquisition of Commonwealth Senior Living, LLC (“Commonwealth“) and 17 private pay senior living communities comprising 1,205 units with 1,469 beds (together the “Initial Tranche“). The aggregate purchase price for the Initial Tranche was approximately US$285.4 million…. [Read More]
CAPREIT Acquires 942 Suites In The Netherlands
TORONTO, Aug. 01, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has acquired a portfolio of 18 modern, high-quality residential rental properties totaling 942 residential suites well located in seven urban growth markets in the Netherlands. Approximately 91% of the properties have been constructed since 1970…. [Read More]
American Hotel Income Properties completes US$4.2 million of renovations at the Embassy Suites Phoenix Tempe
VANCOUVER, Aug. 1, 2019 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“, the “Company“) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) is pleased to announce that it has completed approximately US$4.2 million of renovations at the Embassy Suites By Hilton Phoenix Tempe (Phoenix, AZ). “We are very pleased with this renovation project, as it was… [Read More]
Artis Real Estate Investment Trust Releases Second Quarter Results and Provides Update on New Initiatives
WINNIPEG, Aug. 1, 2019 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or the “REIT”) issued its financial results and achievements for the three and six months ended June 30, 2019, and provided an update on its new initiatives announced on November 1, 2018, (the “New Initiatives”). The second quarter results in this press… [Read More]
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