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Melcor Developments Ltd. Announces Normal Course Issuer Bid

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EDMONTON, Alberta, March 28, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative trading systems.

Crombie REIT Announces Appointments to Leadership Team

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NEW GLASGOW, NS, March 28, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to announce that Clinton Keay is joining the company as Chief Financial Officer and Secretary, effective May 15, 2019. Mr. Keay is currently Executive Vice President IT and Transformation for Sobeys Inc., where he oversees company efforts to restructure… [Read More]

CAPREIT Appoints Mark Kenney as Chief Executive Officer and Trustee

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TORONTO, March 27, 2019 /CNW/ – Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that Mark Kenney has been appointed Chief Executive Officer of CAPREIT and as a member of CAPREIT’s board of trustees, effective March 27, 2019. Mr. Kenney joined CAPREIT in 1998 and, since that time, has been actively involved… [Read More]

PROREIT Announces Fourth Quarter and Full Year 2018 Results

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/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ Total assets reached $509.7 million, a 39% year-over-year increase Net comprehensive income grew 86.7% on a year-over-year basis Net operating income1 grew 42.6% on a year-over-year basis AFFO1 increased 38.9% year-over-year Occupancy rate rose 250 basis points to 98.2% Internalization… [Read More]

BSR REIT Completes Acquisition of Wimberly Apartments in Dallas-Fort Worth

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LITTLE ROCK, AR and TORONTO, March 27, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) announced today that it has completed the purchase of Wimberly Apartments (“Wimberly” or the “Property”), in Dallas, Texas for US$53.1 million. Wimberly Apartments are located in North Dallas, close to the high traffic interchange… [Read More]

BSR REIT Completes Acquisition of Wimberly Apartments in Dallas-Fort Worth

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LITTLE ROCK, AR and TORONTO, March 27, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) announced today that it has completed the purchase of Wimberly Apartments (“Wimberly” or the “Property”), in Dallas, Texas for US$53.1 million. Wimberly Apartments are located in North Dallas, close to the high traffic interchange… [Read More]

Terra Firma Capital Corporation Provides Update on Urbancorp Matters

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TORONTO, March 27, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), a real estate finance company, provides the following update on various matters related to its loans in default with entities controlled or related to Urbancorp Inc. and its principals (the “Borrower”):