REIT REPORT

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Crombie REIT Appoints Paul Beesley to Board of Trustees

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NEW GLASGOW, NS, March 4, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to announce the appointment of Paul Beesley to its Board of Trustees, effective immediately. Mr. Beesley most recently served as Chief Financial Officer of Hudson’s Bay Company (“HBC”) (TSX: HBC) in New York from 2014 until 2017. During… [Read More]

Brookfield Property Partners Completes Annual Filings

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BROOKFIELD NEWS, March 04, 2019 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; TSX: BPY.UN) announced today that it has filed its 2018 annual report on Form 20-F, including its audited financial statements for the year ended December 31, 2018, with the SEC on EDGAR as well as with the Canadian securities authorities on… [Read More]

Chartwell Announces Fourth Quarter & Year End 2018 Results and Increase to Distributions

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MISSISSAUGA, ON, March 1, 2019 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the fourth quarter and for the year ended December 31, 2018 and an increase to distributions. Q4 2018 and 2018 Highlights Employee engagement score up 15% to 47% highly engaged and customer satisfaction score up 9% to… [Read More]

Plaza Retail REIT Announces Automatic Securities Repurchase Plan Pursuant to Its Normal Course Issuer Bid

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FREDERICTON, March 1, 2019 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) today announced that, in connection with its previously announced normal course issuer bid (“NCIB”) which commenced on September 28, 2018, Plaza has entered into an automatic securities repurchase plan (the “Plan”) with its designated broker in order to facilitate purchases of trust units… [Read More]

Automotive Properties REIT 2018 Fourth Quarter Financial Results Release Date, Conference Call and Webcast

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TORONTO, March 1, 2019 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) will release its 2018 fourth quarter and year-end financial results after market close on Thursday, March 21, 2019. Milton Lamb, Chief Executive Officer, and Andrew Kalra, Chief Financial Officer, will host a conference call for analysts and investors on… [Read More]

Parkit Enterprise Releases 2018 Annual Results

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VANCOUVER, March 1, 2019 /CNW/ – Parkit Enterprise Inc. (“Parkit” or the “Company”) (TSXV: PKT; OTCQX: PKTEF) has recently filed its audited financial statements and management discussion and analysis for the year ended October 31, 2018 (the “Annual Filings”) on SEDAR (www.sedar.com).  The financial highlights for the fiscal year include the following: Full Year Revenue of… [Read More]

Mainstreet Announces Exercise of Stock Options

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CALGARY, March 1, 2019 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX: MEQ) today announced that all of the holders (“Holders”) of the Corporation’s remaining outstanding incentive stock options (“Options”), each of which is a director or officer of the Corporation, have exercised their Options, at an exercise price of $5.51 per common share… [Read More]

Nexus Reit Announces the Acquisition of a Four-Property Industrial an Update on Leasing and Revised 2018 Year End Results Date

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TORONTO and MONTREAL, Feb. 28, 2019 /CNW/ – Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) is pleased to announce that it has entered into an unconditional agreement to acquire four single-tenant industrial properties located in Fort St John, British Columbia; Blackfalds, Alberta; Medicine Hat, Alberta and Estevan, Saskatchewan. The four-property portfolio will be acquired… [Read More]

Artis Real Estate Investment Trust Releases 2018 Annual Results

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WINNIPEG, Feb. 28, 2019 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or the “REIT”) issued its financial results and achievements for the year ended December 31, 2018.  This press release should be read in conjunction with the REIT’s consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) for the year ended December 31,… [Read More]

First Capital Realty announces reduction in Gazit’s ownership to ~9.9% via $742 mm share repurchase by FCR and $453 mm bought deal secondary offering by Gazit

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/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ FCR to purchase for cancellation 36 million FCR shares from Gazit Gazit to sell 22 million FCR shares through bought deal secondary offering of FCR shares represented by instalment receipts Transactions bring clarity to FCR ownership structure Delivers immediate NAV and FFO accretion… [Read More]

Equitable Group Reports Fourth Quarter and Annual Results, Increases Common Share Dividend By 7%

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TORONTO, Feb. 28, 2019 /CNW/ – Equitable Group Inc. (TSX: EQB and EQB.PR.C) (“Equitable” or the “Company”) today reported financial results for the three and twelve months ended December 31, 2018 that reflected strong and diversified growth in its wholly owned subsidiary, Equitable Bank (the “Bank” or “Canada’s Challenger Bank™”). FOURTH QUARTER HIGHLIGHTS Adjusted Diluted earnings… [Read More]