FREDERICTON, Dec. 14, 2017 /CNW/ – Plaza Retail REIT (“Plaza or the “REIT”) (TSX: PLZ.UN) today announced that it has sold a 50% non-managing interest in eight retail properties in New Brunswick and Nova Scotia to a syndicated group of investors for total proceeds of $17.3 million, including cash proceeds of $7.3 million and assumption of… [Read More]
Artis Real Estate Investment Trust Announces Renewal of Normal Course Issuer Bid
WINNIPEG, Dec. 14, 2017 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) to renew its existing normal course issuer bid (the “Bid”) for a further year. Under the terms of the Bid, Artis may purchase up to 13,314,337 trust… [Read More]
Choice Properties Real Estate Investment Trust Declares Distribution for the Month of December, 2017
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 14, 2017 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a distribution for the month of December, 2017 of $0.061667 per trust unit, representing $0.74… [Read More]
Pure Industrial Real Estate Trust Announces Cash Distribution for December 2017
VANCOUVER, Dec. 13, 2017 /CNW/ – Pure Industrial Real Estate Trust (the “Trust”) (TSX: AAR.UN) today announced that its Board of Trustees has approved a cash distribution of $0.026 per trust unit (equivalent to $0.312 per trust unit on an annualized basis) for the month of December 2017. This distribution will be paid on January… [Read More]
Summit Industrial Income REIT Announces Completion of $103.5 Million Equity Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 13, 2017 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed its previously-announced public offering (the “Offering”) of 14,375,000 units at a price of $7.20 per unit for total… [Read More]
Mainstreet Equity Corp Releases FY 2017 Results
CALGARY, Dec. 13, 2017 /CNW/ – Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the year ended September 30, 2017. Bob Dhillon, Founder and Chief Executive Officer of Mainstreet, says, “These results prove the resilience and effectiveness of our… [Read More]
Boardwalk REIT agrees to sell a 641-unit apartment portfolio in Regina, Saskatchewan to Mainstreet Equity Corporation
Boardwalk Real Estate Investment Trust (“BEI.UN” – TSX)Mainstreet Equity Corporation (“MEQ” â TSX) CALGARY, Dec. 13, 2017 /CNW/ – Boardwalk Real Estate Investment Trust (“Boardwalk”, “The Trust”) is pleased to announce the sale of a 641-unit apartment portfolio in Regina, Saskatchewan formally known as Boardwalk Estates to Mainstreet Equity Corporation (“Mainstreet”) for $71.65 million, which includes… [Read More]
Empire Company Reports Improved Fiscal 2018 Second Quarter Results
Company to Launch FreshCo Discount Format in Western Market Second Quarter Summary Same-store sales excluding fuel increased 0.4% Loss per share of $0.09 due to restructuring expenses Adjusted earnings per share of $0.27 compared to $0.12 last year Project Sunrise expenses in second quarter of $129.2 million ($92.8 million after tax) Project Sunrise transformation on… [Read More]
Plaza Retail REIT to Leverage Core Strengths to Capitalize on Changing Retail Landscape
̶ Acquisition of former Sears store in Saguenay seen as first of multiple opportunities ̶ FREDERICTON, Dec. 12, 2017 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced that it has closed the previously announced acquisition of a 50% interest in a prime retail property in Saguenay, Quebec for $3.25 million. The… [Read More]
Resolve Acquires Additional Claims Adjacent to New Nadina Explorations’ Silver Queen Property
VANCOUVER, Dec. 12, 2017 /CNW/ – Resolve Ventures Inc. (TSX-V: RSV) (the “Company” or “Resolve“) is pleased to announce that it has entered into an option agreement, whereby the Company may acquire a 100% interest in the Son Property (the “Property“) located 51 kilometres southeast of Houston, British Columbia, Canada from two arm’s length vendors. The… [Read More]
Tricon Capital Group Prices $365 Million Securitization
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ALL FIGURES IN US DOLLARS UNLESS INDICATED./ TORONTO, Dec. 12, 2017 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX: TCN), a principal investor and asset manager focused on the residential real estate industry, announced today that Tricon American Homes (“TAH”)… [Read More]
Summit Industrial Income REIT Announces Waiver of Conditions on Ontario Portfolio and Underwriters’ Full Exercise of Over-Allotment Option
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 11, 2017 /CNW/ – Summit Industrial Income REIT (“Summit”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire a previously disclosed 100% interest in a ten property portfolio (the “Portfolio”) for a purchase price of… [Read More]
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