TORONTO, July 3, 2018 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that it has entered into an agreement to acquire a warehouse and logistics property in Erfurt, Germany consisting of approximately 717,000 square feet of gross leasable area. The purchase price of euro 53.9 million represents an… [Read More]
Artis Real Estate Investment Trust Announces Timing of Release of Q2-18 Results and Conference Call
WINNIPEG, July 3, 2018 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it intends to release its financial results for the quarter ended June 30, 2018, after the close of the Toronto Stock Exchange on Thursday, August 2, 2018. Interested parties are invited to participate in a conference… [Read More]
Plaza Retail REIT Announces the Sale of Eight Single-Tenant Assets in Alberta
– Plaza continues to recycle capital and redeploy it in value-add development and redevelopment opportunities â FREDERICTON, July 3, 2018 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza”) today announced that it has successfully completed the sale of eight non-core, single-tenant assets located in Calgary, Airdrie and Sherwood Park, Alberta, for $12,150,000, representing a portfolio capitalization… [Read More]
Minto Apartment Real Estate Investment Trust completes $200 million initial public offering
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, July 3, 2018 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT“) (TSX: MI.UN) and Minto Properties Inc. (“Minto Properties“) announced today that the REIT has completed its initial public offering of 13,794,000 trust units at a price of $14.50… [Read More]
Tricon Capital Group Completes the Sale of its Manufactured Housing Portfolio for $172 Million
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ALL FIGURES IN US DOLLARS UNLESS INDICATED./ TORONTO, July 3, 2018 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX: TCN), a principal investor and asset manager focused on the residential real estate industry, has completed the previously-announced sale… [Read More]
PROREIT Completes Compass Commercial Realty Acquisition and $31.7 Million in Property Acquisitions in Winnipeg and Drummondville
/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES./ MONTREAL, July 3, 2018 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSXV: PRV.UN) is pleased to announce that it has successfully closed three previously announced transactions. The purchase of the assets of Compass Commercial Realty… [Read More]
American Hotel Income Properties Reit LP Discloses Unit Purchases by Rob O’Neill (CEO)
VANCOUVER, June 29, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”, the “Company”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) discloses that Rob O’Neill, CEO, purchased 5,000 additional units during the past week, through open market purchases. Since January 1, 2018, Mr. O’Neill has acquired 156,116 additional units of AHIP, including 13,216 units provided as… [Read More]
Chartwell Second Quarter 2018 Results and Conference Call
MISSISSAUGA, ON, June 29, 2018 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX:CSH.UN) will issue its financial results for the three months and six months ended June 30, 2018 on the afternoon of August 9, 2018. A conference call hosted by Brent Binions, President and Chief Executive Officer, Vlad Volodarski, Chief Financial Officer and Chief Investment Officer… [Read More]
Clarocity Corporation Issues Shares as Interest Payment on Credit Facility
CALGARY, June 28, 2018 /CNW/ – Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity“) today announced that it will issue 16,798,800 common shares to debentureholders in lieu of cash as consideration for interest payments due May 31, 2018, for the aggregate amount of $419,970. Under the terms of the Company’s indentures dated May 8, 2017 (as… [Read More]
Brookfield Real Estate Services Inc. Extends Management Services Agreement
TORONTO, June 28, 2018 /CNW/ – Brookfield Real Estate Services Inc. (the “Company”) (TSX:BRE), today announced that it has agreed to extend the current term of the Management Services Agreement (the “MSA”) between the Company and Brookfield Real Estate Services Manager Limited (the “Manager”) for three months through March 31, 2019. The amended and restated MSA… [Read More]
Dream Unlimited Corp. Acquires Units of Dream Office Real Estate Investment Trust
TORONTO, June 28, 2018 (GLOBE NEWSWIRE) — Dream Unlimited Corp. (TSX:DRM) (TSX:DRM.PR.A) (“Dream”) announced today that that it has acquired 2,520,147 REIT Units, Series A (“Units”) of Dream Office REIT (TSX:D.UN) (“Dream Office REIT”), representing approximately 4.2% of the issued and outstanding Units for aggregate consideration of $59,503,646.96 or approximately $23.61 per Unit, representing the… [Read More]
Empire Company Reports Solid Fiscal 2018 Fourth Quarter and Full Year Earnings
Fourth Quarter Summary Earnings per share of $0.26 compared to $0.11 last year Adjusted earnings per share of $0.35 compared to $0.18 last year Same-store sales excluding fuel consistent with last year Project Sunrise transformation on track; first year successfully completed Free cash flow of $350.6 million, increased from $170.8 million last year Annual dividend… [Read More]
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