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Pure Industrial Real Estate Trust Receives Court Approval for Arrangement with Blackstone

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VANCOUVER, March 29, 2018 /CNW/ – Pure Industrial Real Estate Trust (TSX: AAR.UN) (the “Trust”) announced today that the Supreme Court of British Columbia has issued a final order approving its previously-announced plan of arrangement, pursuant to which an affiliate of Blackstone Property Partners, the Core+ real estate investment unit of Blackstone, will acquire all of… [Read More]

Invesque Closes Third Tranche of Preferred Offering

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TORONTO, March 29, 2018 /CNW/ – Invesque Inc. (TSX: IVQ.U) (the “Company“) announced today the closing of the third and final tranche of its previously announced private placement of class A convertible preferred shares (“Investment”) to certain funds managed by Magnetar Financial LLC. The third tranche of the Investment resulted in the issuance of 1,586,042… [Read More]

Choice Properties Real Estate Investment Trust Schedules First Quarter 2018 Results and Annual and Special Meeting of Unitholders

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TORONTO, March 29, 2018 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it will be releasing its first quarter 2018 results on Wednesday, April 25, 2018 after-market hours.  Management will host a conference call the next day on Thursday, April 26, 2018 at 10:00AM (ET)… [Read More]

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]