TORONTO, Feb. 05, 2019 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Subordinate Voting Shares and Multiple Voting Shares of the Company (together, the “Common Shares“) over the previous US$0.135 per Common Share… [Read More]
Summit Industrial Income REIT to Acquire Montreal Logistics Property
TORONTO, Feb. 5, 2019 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a 236,134 square foot single tenant logistics facility located in Montreal, Quebec. The property is situated on a 16.5-acre site in a prime location with excellent exposure to… [Read More]
Morguard Real Estate Investment Trust Announces Normal Course Issuer Bid
MISSISSAUGA, ON, Feb. 5, 2019 /CNW/ – Morguard Real Estate Investment Trust (TSX: MRT.UN) (“Trust”) 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/or alternative Canadian trading systems. The notice provides that the Trust may, during the… [Read More]
Tricon Expands Toronto Multi-Family Development Pipeline to Over 3,000 Units
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ALL FIGURES IN US DOLLARS UNLESS INDICATED./ TORONTO, Feb. 5, 2019 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX:TCN), an investment manager focused on residential real estate, today announced an expansion of its Toronto multi-family development (Tricon Lifestyle Rentals… [Read More]
Artis Real Estate Investment Trust Provides Update on NCIB Activity
WINNIPEG, Feb. 4, 2019 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) provided an update today on its normal course issuer bid (“NCIB”) activity in January 2019. During the month of January, Artis has acquired the following number of units through its NCIB: 1,842,588 trust units at a weighted-average price of… [Read More]
BTB announces the sale of one property in Delson, Québec
MONTRÃAL, Feb. 4, 2019 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“), announces the sale of one property located at 15-Georges-Gagné Blvd. South in Delson in the province of Québec, for total proceeds of $22.5 million. About BTB BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important… [Read More]
Minto Apartment REIT to Report Fourth Quarter 2018 Financial Results on March 19, 2019
OTTAWA, Feb. 4, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT“) (TSX: MI.UN) today announced that it will release its 2018 fourth quarter financial results after market close on Tuesday, March 19, 2019. Michael Waters, Chief Executive Officer, and Julie Morin, Chief Financial Officer, will host a conference call for analysts and… [Read More]
American Hotel Income Properties Completes US$4.2 Million of Renovations at Two of its Larger All-Suite Hotels
VANCOUVER, Feb. 1, 2019 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“, the “Company“) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) is pleased to announce that it has substantially completed approximately US$4.2 million of renovations at two hotels this week: the 100-room Staybridge Suites Tampa East (in Tampa, Florida) and the 131-room Residence Inn Baltimore… [Read More]
StorageVault Announces $7 Million 10 Year Term Debt at 4.16%
TORONTO, Feb. 01, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that it has completed a $7 million, 10 year term debt financing against one store at a fixed annual interest rate of 4.16%. The proceeds from the term debt financing were used to repay the principal outstanding in relation… [Read More]
NorthWest announces the acquisition of an 11 property, $1.2BN Australian hospital portfolio from Healthscope
All dollar values herein are in Canadian dollars. Australian dollar values have been converted into Canadian dollars using an illustrative exchange rate of $1.00CAD = $1.05AUD. TORONTO, Jan. 31, 2019 /CNW/ – NWH Australia AssetCo Pty Ltd as trustee for NWH Australia Asset Trust (“NorthWest Australia”), a controlled entity of NorthWest Healthcare Properties Real Estate… [Read More]
REIT INDEXPLUS Income Fund Reminds Investors of the Upcoming Merger and Announces a Special Distribution
CALGARY, Jan. 30, 2019 /CNW/ – REIT INDEXPLUS Income Fund (the “Fund”) (TSX: IDR.UN) wishes to remind investors that the monthly cash distribution for January will be paid on February 6, 2019, prior to the upcoming merger of Global Real Estate Dividend Growers Corp. into the Fund (the “Merger”). In addition, as a result of… [Read More]
Empire builds momentum with key labour decision in British Columbia
Decision contributes to a level playing field for Empire to compete in B.C. Voluntary buyout option to be presented to eligible B.C. Safeway employees Framework in place to continue moving forward with FreshCo expansion in B.C. 12 FreshCo locations confirmed to open in B.C. and Manitoba in 2019 STELLARTON, NS, Jan. 29, 2019 /CNW/ – Today… [Read More]
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