TORONTO, June 8, 2017 /CNW/ – Home Capital Group Inc. (“The Company” TSX: HCG) today reported it continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of June 7, 2017. Liquidity and Deposit Update Aggregate available liquidity and credit capacity stood at approximately $1.10 billion including… [Read More]
RioCan Real Estate Investment Trust Announces Appointment of Qi Tang as Chief Financial Officer
TORONTO, ONTARIO–(Marketwired – June 8, 2017) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) is pleased to announce that it has promoted Qi Tang to Senior Vice President and Chief Financial Officer (“CFO”) of RioCan effective June 8, 2017. She will continue to report to the Chief Executive Officer, Edward Sonshine. “Qi has done an… [Read More]
Axis Appraisal Management Renews Relationship with Clarocity Corporation
CALGARY, June 8, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY) (the “Company” or “Clarocity”) is pleased to announce that AXIS Appraisal Management (AXIS) has renewed its license agreement for the Clarocity Technology to produce alternative valuation products, including MarketValue Pro (MVP) appraisal reports. “We’ve always considered AXIS to be one of our closest partners and early… [Read More]
Dream Global REIT Increases Exposure to Top German Office Market With Acquisition of Bollwerk in Stuttgart, Germany
TORONTO, ONTARIO–(Marketwired – June 7, 2017) – DREAM GLOBAL REIT (TSX:DRG.UN)(FRANKFURT:DRG) today announced that it has signed a purchase and sale agreement with Landesbank Baden-Wurttemberg (LBBW) for Bollwerk, a multi-tenant office property located in Stuttgart, Germany, for approximately EUR92.0 million ($139.6 million), representing a going in capitalization rate of 5.3%. The purchase price will be… [Read More]
Momentum Builds For FrontFour and Sandpiper’s Case For Change With Strong Unitholder Support and Positive Recommendations from ISS and Glass Lewis in Favour of All Three Director Nominees
FrontFour and Sandpiper Thank Unitholders For Overwhelming Support Received To-Date ISS and Glass Lewis Note FrontFour & Sandpiper’s Compelling Case for Change ISS and Glass Lewis Recognize That Granite’s Board is in Need of New Leadership FrontFour and Sandpiper Express Willingness to Engage With The Board to Move Forward TORONTO, June 7, 2017 /CNW/ –… [Read More]
SmartREIT and Mitchell Goldhar Announce Transit City Condos in SmartCentres Place Substantially Sold Out
TORONTO, ONTARIO–(Marketwired – June 6, 2017) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar are pleased to announce that the first and second condo towers called Transit City are substantially sold out, and as a result of the actual sales figures, SmartREIT is amending its previously announced guidance by increasing profitability on these… [Read More]
Mainstreet Health Investments Inc. Increases Credit Facility and Extends Debt Duration
TORONTO, June 6, 2017 /CNW/ – Mainstreet Health Investments Inc. (TSX:HLP.U) (the “Company“) today announced that it has closed on an amendment to its existing credit facility. The amended secured credit facility (the “Facility“) increases the total capacity from US$285 million to US$300 million. The Facility also extends the maturity date, while keeping interest rates in line… [Read More]
BGIS Appoints Mark Marquis to Chief Corporate Development Officer
TORONTO, ONTARIO–(Marketwired – June 6, 2017) – BGIS is pleased to announce the appointment of Mark Marquis to the newly created position of Chief Corporate Development Officer. Mark joins BGIS with over 20 years of experience in the real estate and facilities management services industry and has held several global executive strategy and general management… [Read More]
Mosaic Capital Corporation Announces Monthly Dividend on its Common Shares
CALGARY, June 5, 2017 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.DB) is pleased to announce that its board of directors has approved a monthly dividend on Mosaic’s common shares (TSX-V Symbol: M) of $0.035 per share (or $0.42 per share on an annualized basis). This dividend will be paid June 30,… [Read More]
Brookfield Real Estate Services Inc. Announces Election of Directors
TORONTO, June 5, 2017 /CNW/ – Brookfield Real Estate Services Inc. (the “Company”) (TSX: BRE) today announced the voting results for the directors elected at the Company’s annual general meeting of shareholders held on May 9, 2017 in Toronto, Ontario. Management received the following proxies from holders of restricted voting shares in regard to the election… [Read More]
True North Commercial Real Estate Investment Trust Continues Urban Growth with $53.6 Million of Strategic Property Acquisitions In GTA, Ottawa and Victoria
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, June 5, 2017 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT“) is pleased to announce it has agreed to acquire: (i) a 31,410 square foot office property located at 5160 Orbitor Drive, Mississauga, Ontario (the “GTA Property“); (ii) a 148,120… [Read More]
Leading Proxy Advisory Firm ISS Recommends Granite REIT Unitholders Vote “FOR” All of FrontFour & Sandpiper’s Trustee Nominees on the BLUE Proxy Card
ISS Notes FrontFour & Sandpiper’s Compelling Case for Change ISS Recommends Unitholders Vote FOR Al Mawani, Peter Aghar & Samir Manji on the BLUE proxy card ISS Recommends WITHHOLD vote for G. Wesley Voorheis, Peter Dey and Brydon Cruise TORONTO, June 5, 2017 /CNW/ – FrontFour Capital Group LLC (“FrontFour”) and Sandpiper Group (“Sandpiper”), owners… [Read More]
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