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CAPREIT Continues to Modernize its Property Portfolio

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TORONTO, June 20, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has acquired a brand new, purpose-built luxury rental apartment property in Langley, British Columbia. The building comprises of 98 suites containing a mix of bachelor, one, two, and three-bedroom suites. The luxury property has been… [Read More]

Timbercreek Financial Declares June 2019 Dividend

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TORONTO, June 20, 2019 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on July 15, 2019 to holders of Common Shares of record on… [Read More]

Colliers International Announces Leadership Changes

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TORONTO, June 20, 2019 (GLOBE NEWSWIRE) — Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (“Colliers”) announced today that Dylan Taylor has been terminated as Chief Executive Officer of its Real Estate Services division for misconduct including improper trading activity in Colliers securities in breach of his employment obligations. Mr. Taylor has made certain allegations… [Read More]

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]