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First Capital Realty Announces Completion of Property Dispositions

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TORONTO, March 29, 2018 /CNW/ – First Capital Realty Inc. (“First Capital Realty”) (TSX: FCR), one of Canada’s largest owners, developers and managers of grocery anchored, retail-focused urban properties, announced today that it has completed approximately $165 million of previously disclosed property dispositions.  On March 27, 2018, First Capital closed the sale of 18 properties… [Read More]

Mosaic Capital Corporation Reports its Fourth Quarter 2017 Financial Results

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CALGARY, March 28, 2018 /CNW/ – Mosaic Capital Corporation (“Mosaic” or the “Company“) (TSX–V Symbols: M and M.DB) has released its financial results for the three and twelve months ended December 31, 2017. The Company’s financial statements and management’s discussion and analysis (“MD&A“) for the year ended December 31, 2017 can be accessed under Mosaic’s… [Read More]

Plaza Retail REIT & DewCor Announce Closing of Land Transaction to Costco in St. John’s, NL

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− Site work has already begun on retailer’s new store in Galway development − FREDERICTON, March 28, 2018 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza”) and its joint venture partner DewCor (“DewCor”) today announced they have concluded a land transaction with Costco Wholesale Canada Ltd. (“Costco”) in The Shoppes at Galway outdoor retail centre (“Galway”)… [Read More]

Summit Industrial Income REIT Announces Acquisition of Property and New Financing

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TORONTO, March 28, 2018 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire 100% of a distribution warehouse totaling 141,034 square feet of gross leasable area located in Stratford, Ontario. The building is leased to Samsonite Canada, a global manufacturer and retailer… [Read More]

InterRent REIT Closes $98 Million Bought Deal Financing

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, March 28, 2018 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent”) announced today the closing of its previously announced public offering of 10,005,000 trust units (the “Offered Units”) from treasury (the “Offering”), which includes the full exercise… [Read More]

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]