MONTREAL, Dec. 20, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSXV: PRV.UN) is pleased to report that it has closed the previously announced acquisition of two light industrial properties in Southwestern Ontario for a total of $15.38 million. The two industrial properties are strategically located just west of Cambridge, and… [Read More]
True North Commercial Announces Sale of Two Industrial Properties, Recycles Capital into a 107,000 sq.ft. Downtown Ottawa Office leased by the Federal Government of Canada to Reposition as a Pure Play Office REIT
Secures Additional $20 Million Revolving Credit Facility /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Dec. 20, 2018 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT“) is pleased to announce it has completed the sale of two industrial properties located at 63 Innovation Drive, Hamilton, Ontario and 1035… [Read More]
Parkit Announces Updated Investor Presentation
/NOT FOR DISTRIBUTION IN THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Dec. 20, 2018 /CNW/ – Parkit Enterprise Inc. (TSXV: PKT; OTCQX: PKTEF) (the “Company” or “Parkit”) is pleased to announce that an updated investor presentation can be accessed on the Investor section of its website at http://parkitenterprise.com or by using the… [Read More]
NorthWest Healthcare Properties REIT Announces Successful Completion of $125 Million Offering of Convertible Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TSX: NWH.UN TORONTO, Dec. 20, 2018 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NorthWest” or the “REIT”) is pleased to announce the closing of its previously announced public offering (the “Offering”) whereby NorthWest sold $125 million aggregate principal… [Read More]
Paul Dalla Lana Announces Acquisition of Securities of NorthWest Healthcare Properties Real Estate Investment Trust and Intention to Adopt Automatic Securities Purchase Plan
TORONTO, Dec. 20, 2018 /CNW/ – NorthWest Healthcare Properties REIT (TSX:NWH) (the “REIT”) announced today that it has been advised by Paul Dalla Lana, the Chairman and CEO of the REIT, that he has indirectly acquired beneficial ownership of 70,100 additional trust units of the REIT and $10.5 million aggregate principal amount of 5.50% convertible unsecured… [Read More]
Automotive Properties REIT Provides Update on Credit Facilities
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 19, 2018 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) announced today that as part of the recently announced acquisitions and expansion of its credit facilities, the REIT has entered into new interest rate swaps… [Read More]
Granite Enters Into a USD $185 Million Committed Four-Year Unsecured Term Loan
TORONTO, Dec. 19, 2018 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN; NYSE: GRP.U) announced today that it has entered into a USD $185 million committed four-year senior unsecured non-revolving term facility (the “Term Loan”). Through a cross currency interest rate swap, Granite has exchanged the principal and interest payments from the Term Loan… [Read More]
Allied Announces Closing of Acquisition in Montréal
TORONTO, Dec. 19, 2018 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has completed the previously announced acquisition of 644 Courcelle Street in Montréal. In the fourth quarter, Allied completed six strategic in-fill acquisitions for an aggregate purchase price of $125 million, one in Toronto, one in Calgary, three… [Read More]
Dream Hard Asset Alternatives Trust Announces December 2018 Monthly Distribution
TORONTO, Dec. 19, 2018 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) (âDream Alternativesâ) today announced its December 2018 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The December distribution will be payable on January 15, 2019 to unitholders of record as at December 31, 2018. Dream Alternatives… [Read More]
Cominar Set to House a New R&D Facility for the Ford Motor Company
QUEBEC CITY, Dec. 19, 2018 /CNW/ – Cominar today announced that Ford has signed for 40,000 square feet at 800 Palladium Drive at its Palladium Campus in Kanata, Ontario. The new building will be home to one of the automaker’s most sophisticated research and development centres, with more than 300 new specialty engineering jobs will be created as a result. Recognizing pent-up… [Read More]
Sun Life Financial to Acquire Majority Stake in Bentall GreenOak
TORONTO, Dec. 19, 2018 /CNW/ – Sun Life Financial Inc. (“Sun Life Financial”) (TSX: SLF) (NYSE: SLF) today announced that it intends to merge Bentall Kennedy, its leading North American real estate and property management firm which Sun Life Financial acquired in 2015, with GreenOak Real Estate (“GreenOak”), a global real estate investment firm with approximately… [Read More]
Parkit Announces Closing of Rights Offering
NOT FOR DISTRIBUTION IN THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, Dec. 18, 2018 /CNW/ – Parkit Enterprise Inc. (TSXV: PKT; OTCQX: PKTEF) (the “Company” or “Parkit”) is pleased to announce the closing of its rights offering (the “Rights Offering”) announced on November 7, 2018. A total of $718,270.55 was raised… [Read More]
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