Increase in quarterly dividend of $0.03 or 7% from $0.44 to $0.47 per common share TORONTO, Nov. 2, 2017 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.47 per common share for the fourth quarter of 2017. … [Read More]
Genworth MI Canada Inc. Reports Third Quarter 2017 Results Including Net Operating Income of $112 Million
Increase in quarterly dividend of $0.03 or 7% from $0.44 to $0.47 per common share Transactional Premiums Written: $195 million Down 3% Y/Y, up 21% Q/Q Premiums Earned: $170 million Up 5% Y/Y, up 1% Q/Q Loss Ratio: 13% Down 12 pts Y/Y, up 10 pts Q/Q Net Income: $140 million Up 42% Y/Y, down… [Read More]
True North Commercial Real Estate Investment Trust Continues Strategic Growth
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Nov. 2, 2017 /CNW/ – True North Commercial Real Estate Investment Trust (the “REIT“) (TSX: TNT.UN) is pleased to announce it has closed the acquisition of the office property located at 301 and 303 Moodie Drive, Ottawa, Ontario (the “Ottawa Property“), the second of… [Read More]
NewNorth Announces Results for the Quarter Ended September 30, 2017
CALGARY, Nov. 2, 2017 /CNW/ – NewNorth Projects Ltd. (“NewNorth”) (TSXV:NNP) today announced its financial results for the quarter ended September 30, 2017. Mr. Greg Herndier, President and Chief Executive Officer of NewNorth, reports a year to date net loss after tax at September 30, 2017 of $241,000. Year to date after tax loss per share… [Read More]
Morguard Real Estate Investment Trust Announces 2017 Third Quarter Results
MISSISSAUGA, ON, Nov. 1, 2017 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today is pleased to announce its financial results for the three and nine months ended September 30, 2017. These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”). During the quarter ended September 30, 2017, the… [Read More]
PROREIT Closes Previously Announced $8.65 Million Acquisition of High Quality Commercial Mixed-Use Complex in Montreal
MONTREAL, QUEBEC–(Marketwired – Nov. 1, 2017) – NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES. PRO Real Estate Investment Trust (“PROREIT” or the “REIT“) (TSX VENTURE:PRV.UN) announced that it closed the previously announced $8.65 million acquisition of 8150-8210 Trans-Canada Highway (the “complex”) in Montreal. The property sits… [Read More]
Allied Announces Third-Quarter Results
TORONTO, ONTARIO–(Marketwired – Nov. 1, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced results for its third quarter ended September 30, 2017. “The Allied story for 2017 has been straightforward and positive,” said Michael Emory, President & CEO. “Against the backdrop of a favourable operating environment in Montréal, Toronto and Vancouver,… [Read More]
CAPREIT Appoints Board Trustee David Ehrlich President and Chief Executive Officer
TORONTO, Nov. 1, 2017 /CNW/ – Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced that David Ehrlich has been appointed President and Chief Executive Officer, effective today. The appointment follows the loss of the Company’s founder and CEO, Thomas Schwartz, who passed away on August 15, 2017. In conjunction with assuming this role,… [Read More]
Mosaic Capital Completes Acquisition of Windsor-Based Circle 5 Tool & Mold
CALGARY, Nov. 1, 2017 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.DB) is pleased to announce the acquisition of a 75% interest in the business being carried on by Circle 5 Tool & Mold Inc. (“Circle 5“). Circle 5 is a supplier of molding solutions to Tier 1 automotive part manufacturers, offering… [Read More]
Summit Industrial Income REIT to Expand Presence in Target GTA and Montreal Markets
TORONTO, Oct. 31, 2017 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 50% interest in a 70,000 square foot light industrial property well-located in Laval, Quebec. The REIT is purchasing the property with its Quebec joint venture partner Groupe Montoni…. [Read More]
Mosaic Capital Corporation Announces Third Quarter 2017 Earnings Release Date and Conference Call
CALGARY, Oct. 31, 2017 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.DB) intends to release its third quarter 2017 financial results on Tuesday, November 14th, 2017, after market close. A conference call to discuss the results will be held on Wednesday, November 15th, 2017 at 10:00 AM ET. All interested parties are… [Read More]
Morguard North American Residential REIT Announces 2017 Third Quarter Results and an Increase to Monthly Cash Distributions
MISSISSAUGA, ON, Oct. 31, 2017 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the three and nine months ended September 30, 2017. Third Quarter Highlights The Board of Trustees has approved an increase to the REIT’s annual cash distribution by $0.02 per Unit (3.1%). The increase is… [Read More]
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