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Allied Announces Class I Acquisitions in Urban Vancouver

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TORONTO, Nov. 07, 2018 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has acquired 1220 Homer Street and entered into an agreement to acquire 151 West Hastings Street for total consideration of $57.5 million. “These are strategic acquisitions for Allied, in that we’re increasing our penetration in urban… [Read More]

Tricon Reports Solid Q3 2018 Results Driven by Strong Operations at TAH

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Nov. 7, 2018 /CNW/ – Tricon Capital Group Inc. (TSX: TCN) (“Tricon” or the “Company”), a principal investor and asset manager focused on the residential real estate industry, announced today its consolidated financial results for the three and nine months… [Read More]

Firm Capital Mortgage Investment Corporation Announces Q3/2018 Results

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TSX Symbol FC TORONTO, Nov. 7, 2018 /CNW/ – Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC) released its financial statements for the three and nine months ended September 30, 2018. THIRD QUARTER AND YEAR-TO-DATE (YTD) HIGHLIGHTS Profit up 17% to $6.9 million; YTD up 5% to $19.7 million. Interest and fees income up 15%… [Read More]

American Hotel Income Properties REIT LP Reports Third Quarter 2018 Results

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Renovation activity at three larger Premium Branded hotels temporarily impacting performance Same-Property NOI grew 1.2% from Q3 2017; Same-Property NOI margin increased to 35.3% Economy Lodging segment RevPAR increased 6.3% (All numbers are in U.S. dollars unless otherwise indicated) VANCOUVER, Nov. 7, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“, the “company“) (TSX: HOT.UN,… [Read More]

Brookfield Real Estate Services Inc. Announces Third Quarter Results, Monthly Dividend, Amended Management Services Agreement and Amended Banking Arrangements

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TORONTO, Nov. 7, 2018 /CNW/ – Brookfield Real Estate Services Inc. (TSX: BRE) (the “Company”), a leading provider of services to residential real estate brokers and their REALTORS®1 today announced its third quarter financial results and the approval of a monthly dividend to holders of the Company’s restricted voting shares. The Company will also be continuing… [Read More]

/R E P E A T — Media advisory – Groundbreaking ceremony for National Bank’s new head office/

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MONTREAL, Nov. 5, 2018 /CNW Telbec/ – On Wednesday, November 7, 2018, National Bank will hold a groundbreaking ceremony to launch the construction of its new head office, in the presence of Montreal Mayor, Valérie Plante; Canada’s Minister of Finance, the honourable Bill Morneau; and National Bank’s President and CEO, Louis Vachon. To celebrate the start… [Read More]

Granite Announces 2018 Third Quarter Results and Increases its Monthly Distribution

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TORONTO, Nov. 6, 2018 /CNW/ – Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN; NYSE: GRP.U) (“Granite” or the “Trust”) announced today its combined results for the three and nine month periods ended September 30, 2018, and an increase to its targeted annualized distribution to $2.80 from $2.72 per unit, to be effective upon the distribution payable… [Read More]

WPT Industrial REIT Announces Third Quarter Results

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TORONTO, Nov. 06, 2018 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U – OTCQX: WPTIF) announced today its results for the three and nine months ended September 30, 2018. All dollar amounts are stated in US funds.