TORONTO, June 6, 2019 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT”) (TSX: NWH.UN), Canada’s leading global diversified healthcare real estate investment trust, together with its existing institutional partner announced the successful completion of a $1.2 billion acquisition of 11 freehold hospitals from Healthscope Limited and its affiliates (“Healthscope”) in a sale… [Read More]
RioCan to Acquire KingSett Capital’s 50% Interest in Yonge Sheppard Centre; KingSett Capital Investing $100 Million in RioCan Units
TORONTO, June 06, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ, TSX:REI.UN) announced today that it has agreed to acquire from KingSett Capitalâs Canadian Real Estate Income Fund (âKingSettâ) its non-managing, 50% co-ownership interest in Yonge Sheppard Centre (the âCentreâ) for an estimated $331 million, net of certain working capital adjustments. The parties… [Read More]
Granite Appoints New Chief Financial Officer
TORONTO, June 6, 2019 /CNW/ – Granite Real Estate Investment Trust (“Granite“) (TSX: GRT.UN / NYSE: GRP.U) announced today the appointment of Teresa Neto as Chief Financial Officer (“CFO”) of Granite, effective July 8, 2019. Ms. Neto has over 13 years of real estate experience and has held previous CFO positions at publicly-traded real estate… [Read More]
Genworth MI Canada Inc. Announces Annual General Meeting Voting Results
TORONTO, June 5, 2019 /CNW/ – Genworth MI Canada Inc. (the “Company“) (TSX: MIC) announced at its annual general meeting held on June 5, 2019 the resolutions proposed in the Company’s proxy circular were carried. The detailed results are as follows. 1. Election of each of the following nine nominees as directors of the Company:… [Read More]
Temple Hotels Inc. Announces Closing of Over-Subscribed Rights Offering
MISSISSAUGA, ON, June 5, 2019 /CNW/ – Temple Hotels Inc. (“Temple”) (TSX: TPH) is pleased to announce the successful completion of its previously announced rights offering (the “Rights Offering”) in each of the provinces and territories of Canada. Upon closing of the Rights Offering, Temple issued 25,022,329 common shares of Temple (“Common Shares”) at a price of… [Read More]
Mosaic Capital Corporation announces monthly Dividend on its Common Shares
CALGARY, June 5, 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 June 28, 2019 to holders of record… [Read More]
Morguard Corporation Increases Ownership Position in Morguard Real Estate Investment Trust
MISSISSAUGA, ON, June 5, 2019 /CNW/ – Morguard Corporation (“Morguard“) (TSX: MRC) announced today that it has acquired 1,470,331 units (the “Units“) of Morguard Real Estate Investment Trust (TSX: MRT.UN) (“Morguard REIT“) through the facilities of the Toronto Stock Exchange and/or alternative Canadian trading systems between January 9, 2018 and June 3, 2019 at a… [Read More]
Genworth MI Canada Inc. Announces Special Dividend
TORONTO, June 5, 2019 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has declared a special dividend of $0.40 per common share, for an aggregate amount of $34 million. This special dividend is to be paid on June 28, 2019, to shareholders of record… [Read More]
Empire advances FreshCo expansion into Western Canada
18 FreshCo locations in Western Canada confirmed to date Five stores now open in B.C. and Manitoba Two stores to open in B.C. in July 2019 Five locations to open in B.C. in Fall 2019 and Winter 2020 Six Safeway locations announced today will close and re-open as FreshCo stores Store closure costs of $15… [Read More]
First Capital Realty Announces Election Of Directors
TORONTO, June 4, 2019 /CNW/ – First Capital Realty Inc. (“FCR” or the “Company”) (TSX: FCR), one of the largest owners, developers and operators of necessity-based real estate located in Canada’s most densely populated urban centres, announced today the results of the election of directors at its annual meeting of shareholders held on June 4, 2019… [Read More]
Mach proposes privatization of Transat AT Inc. at $14 cash per share
MONTREAL, June 4, 2019 /CNW Telbec/ – Group Mach Inc. (“Mach”), the largest independent real estate developer and owner in Quebec proposes the acquisition of all issued and outstanding voting shares (the “Shares”) of Transat AT Inc. (TSX: TRZ) (“Transat” or the “Company”), at a price of $14.00 cash per Share (the “Offer Price”) based… [Read More]
Artis Real Estate Investment Trust Provides Update on NCIB Activity
WINNIPEG, June 3, 2019 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) provided an update today on its normal course issuer bid (“NCIB”) activity in May 2019. During the month of May, Artis has acquired the following number of units through its NCIB: 1,590,993 trust units at a weighted-average price of… [Read More]
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