ISS supports its recommendation with flawed analysis and unquestioned acceptance of the dissidents’ views, and deviates from its own policies while disregarding the opinions and analysis of recognized industry experts Effecting change to the Board’s leadership in the reckless manner recommended by ISS will likely result in Board dysfunctionality that will put Granite’s strategic plan… [Read More]
First National Mortgage Investment Fund Announces Annual Redemption and Progress Report
TORONTO, June 2, 2017 /CNW/ – First National Mortgage Investment Fund (TSX: FNM.UN) (the “Fund”) today announced that Class A unitholders tendered 716,612 units amounting to 23.9% of the 2,995,412 outstanding Class A units under the annual redemption privilege. As more than the maximum of 15% of the outstanding units have been tendered, the Fund has… [Read More]
Crombie REIT announces redemption of outstanding 5.00% Series D Convertible Debentures due September 30, 2019
NEW GLASGOW, NS, June 2, 2017 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) announced today that it has exercised its right to redeem its 5.00% Series D Convertible Unsecured Subordinated Debentures maturing on September 30, 2019 (the “Debentures”) in accordance with the terms of the supplemental trust indenture dated July 3, 2012,… [Read More]
Crombie REIT appoints Debra Hess to Board of Trustees
NEW GLASGOW, NS, June 2, 2017 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to announce the appointment of Debra Hess to its Board of Trustees effective immediately. Ms. Hess most recently served as Chief Financial Officer of Northstar Asset Management Group (NYSE: NSAM) and Northstar Realty Finance Corp (NYSE: NRF)… [Read More]
Carol Trice Joins Clarocity to Lead Valuation Quality and Audit Division
CARLSBAD, CA, June 2, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY) (the “Company” or “Clarocity”) is pleased to announce that Carol Trice has joined Clarocity as Director of Quality Review Services. “We are excited to have Carol join our team and expand our footprint in quality and audit solutions,” said Shane Copeland, CEO of Clarocity. “Carol… [Read More]
CAPREIT Expands Presence in British Columbia
TORONTO, ONTARIO–(Marketwired – June 1, 2017) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of Brookside Gardens, a 44 unit townhouse complex in Maple Ridge, BC in the northeastern section of Metro Vancouver. Situated in a park-like setting with well-landscaped grounds, each spacious two-storey townhome… [Read More]
Starlight U.S. Multi-Family (No. 5) Core Fund Sells Apartment Complex in West Houston, Texas
INTENDS TO USE PROCEEDS FOR GEOGRAPHIC DIVERSIFICATION AND TO UPDATE PORTFOLIO VINTAGE /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 1, 2017 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) (the “Fund“) announced today it has sold the property located at 20900 Farm… [Read More]
PROREIT Announces Voting Results from 2017 Annual Meeting of Unitholders
MONTREAL, QUEBEC–(Marketwired – June 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) is pleased to announce the voting results from its annual meeting of unitholders held yesterday in Halifax, Nova Scotia. A total… [Read More]
American Hotel Income Properties REIT LP to Acquire 18 Hotel Northeastern U.S. Portfolio for US$407.4 Million
American Hotel Income Properties REIT LP concurrently announces bought deal public offering of Cdn$190 million of Units and US$42.5 million of Convertible Debentures VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 31, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES American Hotel Income Properties REIT LP (“AHIP“) (TSX:HOT.UN)(OTCQX:AHOTF) announced today… [Read More]
Amazon Web Services Adds AWS Direct Connect to Allied's 250 Front West in Toronto
TORONTO, ONTARIO–(Marketwired – May 31, 2017) – Allied Properties REIT (TSX:AP.UN) today announced the availability of Amazon Web Services(“AWS”)Direct Connect at 250 Front West in Downtown Toronto. Through AWS Direct Connect, Allied customers can directly access AWS cloud services over a private, enterprise-grade network connection. The benefits of this direct access include reduced network costs,… [Read More]
Slate Retail REIT Closes C$74.8 Million Public Offering and C$2.5 Million Private Placement
TORONTO, ONTARIO–(Marketwired – May 31, 2017) – Slate Retail REIT (TSX:SRT.U)(TSX:SRT.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today the closing of its previously announced public offering of 5,071,500 class U units of the REIT (“Units”) at a price of C$14.75 per Unit or US$11.00 per Unit (the “Offering Price”)… [Read More]
European Commercial Real Estate Investment Trust Announces First Quarter 2017 Results
TORONTO, ONTARIO–(Marketwired – May 30, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES European Commercial Real Estate Investment Trust (“EC REIT” or the “REIT”) (TSX VENTURE:ERE.UN) announced today its financial and operating results for the three-month period ended March 31, 2017. Effective May 3, 2017, European… [Read More]
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