TORONTO, May 10, 2018 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN) (NYSE: GRP.U) announced today that it has agreed to acquire a portfolio of four Class A, single tenanted buildings totaling approximately 3.8 million square feet on 78 acres of land near Columbus, Ohio (the “Acquisition”) at a purchase price of US$232.5 million, representing… [Read More]
Artis Real Estate Investment Trust Releases First Quarter Results
WINNIPEG, May 10, 2018 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or the “REIT”) issued its financial results and achievements for the three months ended March 31, 2018. All amounts are in thousands of Canadian dollars unless otherwise noted. Information in this press release should be read in conjunction with the REIT’s consolidated… [Read More]
Chartwell Announces First Quarter 2018 Results
MISSISSAUGA, ON, May 10, 2018 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the first quarter ended March 31, 2018. Q1 2018 Highlights Funds from operations (“FFO”) up 1.7% Same property adjusted net operating income (“NOI”) up 1.3% Same property occupancy 92.1% “Our teams delivered solid operating results in the first… [Read More]
Morguard Announces $200 Million Offering of 4.085% Series D Senior Unsecured Debentures
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, May 10, 2018 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has agreed to issue $200 million aggregate principal amount of series D senior unsecured debentures. These debentures will bear interest at a rate of 4.085% per… [Read More]
Plaza Retail REIT Announces its First Quarter 2018 Results
FREDERICTON, May 10, 2018 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced its results for the three months ended March 31, 2018. Michael Zakuta, President and CEO said, “Plaza continues to be opportunistic and add value through development. Our pipeline of deals is solid and will contribute to our growth as… [Read More]
Terra Firma Capital Corporation Reports first Quarter 2018 Financial Results
All amounts are stated in Canadian dollars All amounts are stated in Canadian dollars
Pure Multi-Family REIT LP Announces Release of First Quarter Financial Results and Conference Call
“STRONG SAME PROPERTY RESULTS FUEL GROWTH” VANCOUVER, May 9, 2018 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi-Family”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) is pleased to announce the release of its financial results for the three months ended March 31, 2018. The results, consisting of Pure Multi-Family’s condensed interim consolidated financial statements for the… [Read More]
American Hotel Income Properties REIT LP Announces Election of Directors
VANCOUVER, May 9, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announced today that at its annual meeting of unitholders, held earlier today, all directors nominated as listed in the information circular dated April 5, 2018 were directed to be elected as directors of American Hotel Income Properties… [Read More]
InterRent Announces Voting Results from the 2018 Annual Meeting
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, May 09, 2018 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (the âREITâ) is pleased to announce the voting results from its 2018 Annual Meeting (the âMeetingâ) of unitholders held in Ottawa on May 9, 2018. Each of… [Read More]
Clarocity Corporation Announces Closing of Fifth Tranche of Debt Facility
CALGARY, May 9, 2018 /CNW/ – Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity“) today announced that it has closed the fifth tranche of the previously announced increased (see May 1, 2018, April 27, 2018, November 17, 2017 and December 18, 2017 press releases) Debt Facility (“Facility 3.0“) provided by StableView Asset Management (“StableView“) on… [Read More]
American Hotel Income Properties REIT LP Reports First Quarter 2018 Results
Revenue grew 31.3%, EBITDA increased 20.8% from year-ago period RevPAR grew 5.5% from Q1 2017 due to the acquisition of higher quality hotels Higher occupancy-related expenses and planned renovation activity resulted in lower margins Increased seasonality from recent acquisition activity is affecting quarterly performance CEO, Rob O’Neill, making additional significant investment in the Company (All… [Read More]
Summit Industrial Income REIT Announces Results of Voting for Trustees at Annual Meeting of Unitholders
TORONTO, May 9, 2018 /CNW/ – Summit Industrial Income REIT (the “REIT“) (TSX:SMU.UN) is pleased to announce the results of the vote on trustees at its May 9, 2018 annual unitholders’ meeting. Each of the nominee trustees listed in the REIT’s management information circular dated March 31, 2018 was elected as a trustee of the REIT. The… [Read More]
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