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Pure Multi-Family Announces Update to the “Go Shop” Process and Sets Date for Special Meeting

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VANCOUVER, Aug. 7, 2019 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi-Family”) (TSX: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) provided an update today on the “go shop” process previously disclosed in its July 18, 2019 news release. As part of the arrangement agreement (the “Arrangement Agreement”) that Pure Multi-Family entered into with an affiliate of Cortland… [Read More]

WPT Industrial REIT Announces Second Quarter Results

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TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U – OTCQX: WPTIF) announced today its results for the three and six months ended June 30, 2019.  All dollar amounts are stated in U.S. funds.  Highlights for the three months ended June 30, 2019, including events subsequent to the… [Read More]

Partners Announces Results for the Second Quarter of 2019

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BARRIE, Ontario, Aug. 07, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT,” or “Partners”) (TSX: PAR.UN) today announced its results for the three month period ended June 30, 2019 (the “second quarter”). SECOND QUARTER 2019 HIGHLIGHTS Comprehensive loss of $1.0 million, a decrease to income of $2.8 million when compared to the… [Read More]

Avalon Mall redevelopment improves shopping experience by securing major retailers

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NEW GLASGOW, NS, Aug. 7, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to announce that four of the world’s leading retail brands will join Avalon Mall as part of the current redevelopment project, which will improve the shopping experience and enhance Avalon Mall’s position as the dominant retail shopping… [Read More]

Crombie REIT Announces Second Quarter 2019 Results

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Second Quarter Summary(In thousands of CAD dollars, except per unit amounts and as otherwise noted) Operating income of $39,449 Property revenue of $99,332 Same-asset property cash NOI growth of 3.2% Debt to gross book value – fair value basis improved to 49.2%; lowest level over past four quarters Solid renewal growth over expiring rates of… [Read More]

Dream Alternatives Reports Second Quarter Results

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This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) (“Dream Alternatives”, “we” or the “Trust”) today reported its financial results for… [Read More]

Genesis Reports 2019 Second Quarter Results

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CALGARY, Aug. 7, 2019­ /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months (“Q2”) and six months (“YTD”) ended June 30, 2019. Genesis is a land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), holding and developing a significant portfolio… [Read More]

MCAN Mortgage Corporation Announces Second Quarter Results for 2019

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TORONTO, Aug. 7, 2019 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) reported net income of $8.9 million ($0.37 per share) for the second quarter ended June 30, 2019, a decrease of 20% from $11.1 million ($0.47 per share) in the second quarter of 2018.  In the second quarter of 2019, we… [Read More]

Timbercreek Financial Announces 2019 Second Quarter Results

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TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and six months ended June 30, 2019 (“Q2 2019”). Q2 2019 Highlights Maintained conservative portfolio risk position focused on income-producing commercial real estate 93.8% of net mortgage investment portfolio are first mortgages 86.1% of… [Read More]

RioCan REIT Announces $500 Million Offering of Series AB Senior Unsecured Debentures

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Aug. 07, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) announced today that it has agreed to issue $500 million principal amount of Series AB senior unsecured debentures (the “Debentures”). The Debentures are being offered on an agency basis by… [Read More]

True North Commercial REIT Reports Q2 2019 Results

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25% growth in revenue and NOI backed by high quality tenants /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Aug. 7, 2019 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today announced its financial results for the three and six months ended June 30, 2019. Highlights and Key… [Read More]