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Summit Industrial Income REIT– Announces C$130 Million Bought Deal Financing

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 03, 2019 (GLOBE NEWSWIRE) — Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively, the “Underwriters“) to… [Read More]

Granite Announces Departure of Chief Financial Officer

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TORONTO, June 3, 2019 /CNW/ – Granite Real Estate Investment Trust (“Granite“) (TSX: GRT.UN / NYSE: GRP.U) announced that Ilias Konstantopoulos, Granite’s Chief Financial Officer, has left Granite to pursue other opportunities.  The appointment of a new Chief Financial Officer will be announced in due course. Kevan Gorrie, President and Chief Executive Officer of Granite, commented,… [Read More]

A successful second edition of Cominar’s Forest of Stars for the benefit of Opération Enfant Soleil

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QUÉBEC, June 2, 2019 /CNW Telbec/ – Cominar donated $185 000 during the 32nd annual Opération Enfant Soleil Telethon, which was the culmination of the 2nd edition of its Forest of Stars fundraising initiative. Cominar was able to surpass its initial goal of $180 000. “The resounding success of Cominar’s Forest of Stars was made… [Read More]

Mountain China Resorts Reports 2019 First Quarter Financial and Operational Results

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BEIJING, May 31, 2019 (GLOBE NEWSWIRE) — Mountain China Resorts (Holding) Limited (TSXV: MCG) (“MCR” or the “Company”), today reported its financial results for the quarter ended March 31, 2019. MCR reports its results in Canadian Dollars. Financial Results Total revenue and the net results were from resort operations sales revenue during the Reporting Period…. [Read More]

European Residential REIT and CAPREIT Announce Closing of Warehoused Portfolio Acquisition

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TORONTO, May 31, 2019 /CNW/ – European Residential Real Estate Investment Trust (TSX-V:ERE.UN, “ERES“) and Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN, “CAPREIT“) are pleased to announce the closing of the previously announced acquisition (the “Transaction“) by ERES from CAPREIT of a portfolio (the “Warehoused Portfolio“) comprised of 26 properties, representing an aggregate of… [Read More]

Mainstreet Announces Normal Course Issuer Bid

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CALGARY, May 30, 2019 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) today announced that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to make a normal course issuer bid to purchase outstanding common shares of the Corporation (“Shares”) on the open market in accordance with the rules of the TSX. … [Read More]

Parkit Enterprise Inc. to Present at the 9th Annual LD Micro Invitational

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VANCOUVER, May 29, 2018 /CNW/ – Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF), a real estate company engaged in the acquisition, asset management and disposition of niche real estate assets, today announced that Executive Chairman, David Delaney, will present at the 9th annual LD Micro Invitational on June 4, 2019 at… [Read More]

Partners REIT Initiates Strategic Review

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TORONTO, May 29, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX: PAR.UN) today announced that its board of trustees (the “Board”) has initiated a process to explore and evaluate strategic alternatives available to the REIT, which may include, but is not limited to a sale of the REIT itself;… [Read More]

StorageVault Completes Previously Announced Purchase of British Columbia Store for $28.5 Million and Issues Options

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TORONTO, May 29, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its May 14, 2019 news release, it has completed the acquisition of the British Columbia store (the “Acquisition”).  SVI paid $27.25 million to an arms length vendor for the real property and paid $1.25 million to… [Read More]

Report on Financial Results for the Three Months Ended March 31, 2019

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TORONTO, May 29, 2019 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the three months ended March 31, 2019 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND… [Read More]