MONTRÃAL, Feb. 27, 2018 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“), further to the conclusions of its strategic review of its portfolio, announces the sale of a property located at 1100 and 1108-1136 St-Joseph Boulevard, Drummondville, in the province of Québec, for total proceeds of $3.075 million. The net proceeds will be allocated to… [Read More]
NorthWest Healthcare Properties REIT Provides Update on Vital Healthcare Property Trust’s Strong Half Year Results
TORONTO, Feb. 26, 2018 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) is pleased to announce financial results from NSX-listed Vital Healthcare Property Trust (“Vital Trust”) for the interim six month period ended December 31, 2017, released on February 27, 2018 in New Zealand. The REIT owns an approximate 25%… [Read More]
Report on First Distribution Relating to Investment in Industrial Complex in Brampton, Ontario
TORONTO, Feb. 26, 2018 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V:UFC) (âUrbanfundâ or the âCompanyâ), confirmed today that the Company has received its first distribution of $1,850,000 relating to a return of capital of $971,000 and income of $879,000 relating to 11-13 Edvac Drive, in Brampton, Ontario (the… [Read More]
Boardwalk REIT Announces Fourth Quarter and Fiscal 2017 Financial Results
Q4, 2017 FFO per unit of $0.53, 12M 2017 FFO per unit of $2.11 Improved visibility with macro-economic recovery Turning the corner â A significant operational improvement Stabilized sequential revenue growth in Q4 of 0.9% Stabilized occupancy on Jan 1, 2018 of 95.7%, an improvement of over 300 basis points from average occupancy in Q3… [Read More]
MCAN Mortgage Corporation Announces Fourth Quarter Earnings
Stock market symbol TSX: MKP TORONTO, Feb. 23, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $10.8 million ($0.47 per share) for the fourth quarter ended December 31, 2017, up from $9.0 million ($0.39 per share) in Q4 2016. Net income for fiscal 2017 was $39.9 million, down… [Read More]
Invesque Continues to Capitalize on Development Programs with Acquisition of Two Newly Developed Facilities
TORONTO, Feb. 23, 2018 /CNW/ – Invesque Inc. (TSX:IVQ.U) (the “Company”) announced it acquired two state-of-the-art post-acute transitional care facilities (collectively, the “Properties”) from Mainstreet Property Group, LLC (“MPG”) for a total price of $51.9 million. The properties are located in desirable locations in San Antonio, Texas and Webster, Texas. Both of the properties are… [Read More]
Temple Announces New $35 Million Credit Facility
MISSISSAUGA, ON, Feb. 23, 2018 /CNW/ – Temple Hotels Inc. (TSX:TPH) (“Temple“) announced today that it has agreed terms to enter into a new credit facility with Morguard Corporation (“Morguard”) in the amount of $35 million (“Credit Facility B”). The credit facility is for a term of three years and bears interest at the rate… [Read More]
Morguard Corporation Announces 2017 Results and Regular Eligible Dividend
MISSISSAUGA, ON, Feb. 23, 2018 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the year ended December 31, 2017. Reporting Highlights Total revenue increased by $191.8 million to $1,113.8 million for the year ended December 31, 2017, compared to $922.0 million for the same period in 2016. Net… [Read More]
Chartwell Announces Fourth Quarter & Year End 2017 Results and Increase to Distributions
MISSISSAUGA, ON, Feb. 22, 2018 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the fourth quarter and for the year ended December 31, 2017. Q4 2017 and 2017 Highlights Funds from operations (“FFO”) up 9.7% in Q4 2017 and up 5.7% in 2017 Same property adjusted net operating income (“NOI”)… [Read More]
Invesque Announces Details of Fourth Quarter and Year End 2017 Earnings Conference Call
TORONTO, Feb. 22, 2018 /CNW/ – Invesque Inc. (the “Company”) (TSX: HLP.U) will release its fiscal 2017 fourth quarter and year end results on Wednesday, March 14, 2018 after markets open. Management of the Company will hold a conference call at 10:00 a.m. ET on Thursday, March 15, 2018 to review the financial results. CONFERENCE… [Read More]
Artis Real Estate Investment Trust Announces Notice of Redemption of Series C Preferred Units Effective March 31, 2018
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, Feb. 22, 2018 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT“) announced today that it has delivered formal notice to the holder(s) of its Preferred Units, Series C (the “Series C Units“) that, on March… [Read More]
Plaza Retail REIT Announces its Year End Results
– FFO per unit up for the year – developments/redevelopments, lower finance costs and lease buyout revenues drive increase FREDERICTON, Feb. 22, 2018 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced its results for the three months and year ended December 31, 2017. Michael Zakuta, President and CEO said, “We are… [Read More]
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