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Cominar Announces Closing of the Previously Announced Transaction Between Cominar and Slate Acquisitions

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QUÉBEC CITY, March 27, 2018 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) confirmed today the closing of its previously announced sale of its non-core market property portfolio to Slate Acquisitions Inc. and its designees (“Slate”) for gross proceeds of $1.14 billion. The non-core market portfolio is composed of 95… [Read More]

Bentall Kennedy and Sun Life Financial add to their Montreal-based Real Estate Portfolio

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They acquired 7250 and 7450 rue du Mile-End Office Buildings MONTREAL, March 27, 2018 /CNW/ – Bentall Kennedy has announced the acquisition of two best-in-class office buildings from Mile-End Investments Inc. in Montreal’s dynamic Mile End district, located at 7250 and 7450 rue du Mile End. This acquisition, made on behalf of Sun Life Financial,… [Read More]

CBi2 Launches Industrial Lifestyle Properties REIT

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CALGARY, March 27, 2018 /CNW/ – Target Capital Inc. d.b.a. CBi2 Capital (“CBi2“) (TSXV: TCI) (CSE: TCI) is pleased to announce a strategic investment in Industrial Lifestyle Properties Real Estate Investment Trust (“iLP”). iLP is a newly-formed, self-advised, open-ended real estate investment trust focused on the acquisition, development, ownership and management of specialized cultivation facilities, industrial properties… [Read More]

Lanesborough REIT Reports 2017 Operating Results

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WINNIPEG, March 26, 2018 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) today reported its operating results for the year ended December 31, 2017. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with Management’s Discussion & Analysis and the financial statements for… [Read More]

Trez Capital Mortgage Investment Corporation announces special distribution and suspension of monthly distributions

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TORONTO, March 23, 2018 /CNW/ – Trez Capital Mortgage Investment Corporation (TSX:TZZ) (the “Company”) announced today that its board of directors has declared a special distribution of $1.52 per Class A share of the Company (the “Special Distribution“). The Special Distribution, which constitutes a return of capital pursuant to the winding-up of the Company’s business… [Read More]

Pure Industrial Real Estate Trust Unitholders Approve Transaction with Blackstone

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VANCOUVER, March 23, 2018 /CNW/ – Pure Industrial Real Estate Trust (TSX: AAR.UN) (the “Trust”) today announced that at the special meeting (the “Meeting”) of the unitholders of the Trust (“Unitholders”) held earlier today, Unitholders approved the previously-announced plan of arrangement pursuant to which an affiliate of Blackstone Property Partners, the Core+ real estate investment… [Read More]

American Hotel Income Properties REIT LP Announces Expanded Asset Management Department

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VANCOUVER, March 23, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN, HOT.U, and HOT.DB.U) is pleased to announce that it has expanded its in-house Asset Management department, which is responsible for overseeing and enhancing the performance of its hotel portfolio to drive stronger returns for AHIP’s unitholders.  “Over the past two… [Read More]

InterRent Announces March 2018 Distributions

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, March 22, 2018 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent”) announced today that its distribution declared for the month of February 2018 is $0.0225 per Trust unit, equal to $0.27 per Trust unit on an annualized… [Read More]

H&R Real Estate Investment Trust and H&R Finance Trust Announce Unwinding of H&R Finance Trust and the Stapled Unit Structure

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Confirms Receipt of Final Order for Amended Reorganization to Simplified REIT Structure /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./ TORONTO, March 22, 2018 /CNW/ – H&R Real Estate Investment Trust (“H&R REIT” or “H&R“) and… [Read More]