TORONTO, June 07, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (âCAPREITâ) (TSX:CAR.UN) announced today that it has acquired a brand-new, purpose built luxury rental complex in Victoria, British Columbia consisting of a six-storey 65-suite building and seven townhomes. Located in the affluent View Royal neighbourhood, the mix of one, two and… [Read More]
/C O R R E C T I O N from Source — Group Mach Inc./
In the news release, Mach proposes privatization of Transat AT Inc. at $14 cash per share, issued 04-Jun-2019 by Group Mach Inc. over CNW, we are advised by the company that the press release incorrectly referred to Laurence Tosi, Managing Partner of WestCap, becoming a member of the Board of Directors of Transat AT Inc…. [Read More]
Tricon Capital Group and Starlight U.S. Multi-Family (No.5) Core Fund Receive Shareholder and Unitholder Approval of Proposed Transaction
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, June 6, 2019 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”, TSX: TCN) and Starlight U.S. Multi-Family (No. 5) Core Fund (the “Fund”, TSXV: STUS.A, STUS.U) are pleased to announce the voting results from the special meeting of Fund… [Read More]
H&R REIT closes previously announced sale of The Atrium
TORONTO, June 6, 2019 /CNW/ – H&R Real Estate Investment Trust (“H&R”) (TSX: HR.UN) is pleased to announce that it has closed the sale of The Atrium for $640 million. The sale price equates to a 4.56% capitalization rate on the next twelve months forecasted property operating income. The Atrium sale demonstrates H&R’s commitment to… [Read More]
BSR REIT Announces New Canadian Dollar Listing on Toronto Stock Exchange
LITTLE ROCK, AR and TORONTO, June 6, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR”, or the “REIT”) (TSX: HOM.U) today announced the introduction of a Canadian dollar listing of its units on the Toronto Stock Exchange (“TSX”). Effective June 10, 2019, the units will commence trading on the TSX in Canadian dollars under… [Read More]
NorthWest Healthcare Properties Real Estate Investment Trust Announces Successful Completion of its Previously Announced $1.2BN Australian Hospital Portfolio Acquisition
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]
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