TORONTO, Dec. 18, 2017 /CNW/ – Further to its press release issued on November 28, 2017, CT Real Estate Investment Trust (“CT REIT”) (TSX:CRT.UN) announced today that it has completed the purchase of five properties from RioCan Real Estate Investment Trust (“RioCan”) at a total investment of $135 million, before transaction costs. The properties are located… [Read More]
Home Capital Announces New Chief Information Officer and Other Executive Leadership Appointments
TORONTO, Dec. 18, 2017 /CNW/ – Home Capital Group Inc. (“Home Capital” or “the Company”) (TSX: HCG) today announced that Victor DiRisio will be joining the Company as the new Chief Information Officer (CIO), effective January 1, 2018, reporting directly to President and Chief Executive Officer, Yousry Bissada. Mr. DiRisio will lead the Company’s Information Technology… [Read More]
True North Commercial Real Estate Investment Trust Continues Urban Growth in GTA with the Acquisition of a BOMA Award Winning 78,800 square foot Class “A” Office Building
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Dec. 18, 2017 /CNW/ – True North Commercial Real Estate Investment Trust (the “REIT“) (TSX: TNT.UN) is pleased to announce it has agreed to acquire (the “Acquisition“) a 78,800 square foot Class “A” office property located at 3115 Harvester Road, Burlington, Ontario (the “Harvester Property“). The… [Read More]
Granite REIT Declares December 2017 Distribution
TORONTO, Dec. 18, 2017 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution on Granite’s stapled units of CDN$0.227 per stapled unit. The distribution will be paid by Granite on January 16, 2018 to stapled unitholders of record at the… [Read More]
Pure Industrial Real Estate Trust Announces Core Acquisitions and Non-Core Dispositions
VANCOUVER, Dec. 18, 2017 /CNW/ – Pure Industrial Real Estate Trust (TSX: AAR.UN) (the “Trust”) announced today the following transactions: $32.0 million (US$25.0 million) acquisition of a core asset in Fort Worth, Texas; $61.4 million (US$48.0 million) agreement to acquire a core asset in Fort Worth, Texas; $46.7 million (US$36.5 million) acquisition of a core asset… [Read More]
Plaza Retail REIT Announces December 2017 Distribution
FREDERICTON, Dec. 18, 2017 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) today announced its December 2017 monthly distribution in the amount of $0.0225 per unit ($0.27 annualized). The December distribution will be payable on January 15, 2018 to unitholders of record as at December 29, 2017. Under Plaza’s Distribution Reinvestment Plan (“DRIP”) unitholders are… [Read More]
Clarocity Corporation Announces Closing of Second Tranche of Debt Facility
CALGARY, Dec. 18, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity“) today announced that it has closed the second tranche of the previously announced (see November 17, 2017 press release) Debt Facility (“Facility 3.0“) provided by StableView Asset Management (“StableView“) on behalf of managed accounts and funds with gross proceeds of $1,200,000…. [Read More]
Cominar announces sale of all non-core properties to Slate Acquisitions Inc. for proceeds of $1.14 billion
QUÃBEC CITY, Dec. 18, 2017 /CNW/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced on August 22, 2017 its debt reduction plan and its intention to focus on its core markets in the Province of Québec and Ottawa (the “2017 Plan”). In the pursuit of the 2017 Plan, Cominar is… [Read More]
$41.0 million sale of 319 acre parcel of Airdrie “Fowler” lands owned by Limited Partnership Land Pool (2007)
CALGARY, Dec. 15, 2017 /CNW/ – GP LPLP 2007 Inc., as general partner of Limited Partnership Land Pool (2007) (“LPLP”), and Genesis Land Development Corp. (“Genesis”) (TSX: GDC), as nominee, are pleased to announce the closing of the sale of 319 acres of undeveloped lands located in the City of Airdrie, Alberta (commonly referred to… [Read More]
Summit Industrial Income REIT Announces December 2017 Cash Distribution
TORONTO, Dec. 15, 2017 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.043 per Unit cash distribution to be paid on January 15, 2018 to Unitholders of record on December 31, 2017. Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity to elect… [Read More]
Starlight U.S. Multi-Family (No. 1) Value-Add Fund Announces December 2017 Distributions and Provides Update on Acquisition of Landmark at Coventry Pointe
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Dec. 15, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 1) Value-Add Fund (TSX.V: SUVA.A, SUVA.U) (the “Fund“) today announced its December 2017 cash distribution amounts on its outstanding Class A Units, Class C Units, Class D Units, Class E Units, Class F… [Read More]
Starlight U.S. Multi-Family (No. 5) Core Fund Announces December 2017 Distributions and Updates Conversion Rates
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Dec. 15, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund“) today announced its December 2017 cash distribution amounts on its outstanding Class A Units, Class C Units, Class D Units, Class E Units, Class F… [Read More]
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