CALGARY, March 28, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY) (the “Company” or “Clarocity”) is pleased to announce that the unaudited revenue figure for February 2017 totalled $900k, representing an increase of 91% as compared to February 2016 and brings the Company’s total unaudited revenue figure for the 2017 fiscal year to $2.0 million. “We have… [Read More]
Summit Industrial Income REIT to Acquire New Class A Property in Sherbrooke, Quebec
TORONTO, March 28, 2017 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today it has waived conditions and will be acquiring 100% of a 138,418 square foot Class A light industrial property located in Sherbrooke, Quebec. The building is a brand new, design-build property completed in 2017 with clear 28 foot… [Read More]
Clarocity Corporation Announces Closing of Fifth Tranche of Financing for $1 Million
CALGARY, March 28, 2017 /CNW/ – Clarocity Corporation (TSXV: CLY) (the “Company” or “Clarocity“) today announced that it has closed the fifth tranche of the previously announced (see February 21, 2017 press release) $6,150,000 million amended Debt Facility (“Amended Facility“) provided by StableView Asset Management (“StableView“) on behalf of managed accounts and funds, with gross proceeds… [Read More]
WPT Industrial REIT Announces Retirement of Chief Financial Officer
TORONTO, ONTARIO–(Marketwired – March 28, 2017) – WPT Industrial Real Estate Investment Trust (the “REIT“) (TSX:WIR.U)(OTCQX:WPTIF) today announced that Dennis Heieie, Chief Financial Officer, intends to retire at the end of June 2017. Mr. Heieie has been the Chief Financial Officer of the REIT since its initial public offering in 2013, and has played a… [Read More]
Milestone Apartments REIT Receives Unitholder Approval for Going Private Transaction with Starwood Capital Group
TORONTO and DALLAS, March 28, 2017 /CNW/ – Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) announced that at the special meeting (the “Special Meeting”) of unitholders of the REIT (“Unitholders”) held earlier today, Unitholders approved the acquisition of all of Milestone’s subsidiaries and assets (the “Transaction”) by an affiliate of Starwood… [Read More]
RioCan Real Estate Investment Trust Announces Appointment of Qi Tang as Acting Chief Financial Officer
TORONTO, ONTARIO–(Marketwired – March 28, 2017) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) is pleased to announce that it has appointed Qi Tang as Acting Chief Financial Officer of RioCan effective April 3, 2017. She will be reporting to the Chief Executive Officer, Edward Sonshine. “Qi has made a significant impact at RioCan since… [Read More]
BTB announces the sale of a property
MONTRÃAL, March 28, 2017 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“), further to the conclusions of its strategic review of its portfolio, announces the sale of a property located at 3627-3645 Des Sources Blvd. in Dollard-des-Ormeaux in the province of Québec for total proceeds of $7 million. The net proceeds will be mainly allocated to… [Read More]
Edgefront Real Estate Investment Trust Announces Compelling Year End Results and Strong Unitholder Approval of Merger With Nobel REIT
TORONTO, ONTARIO–(Marketwired – March 27, 2017) – Edgefront Real Estate Investment Trust (the “REIT”) (TSX VENTURE:ED.UN) announced today its results for the three months and year ended December 31, 2016 and results of voting at its special meeting of unitholders. Highlights AFFO per unit of $0.054 for the quarter, increase of 3.1% over Q4 2015;… [Read More]
Nobel Reit’s Unitholders Approve the Proposed Merger With Edgefront Reit Which Will be Renamed Nexus Reit
MONTREAL, March 27, 2017 /CNW Telbec/ – (TSXV: NEL.UN) Nobel Real Estate Investment Trust (“Nobel REIT” or the “REIT“) is pleased to announce the results of the REIT’s special meeting of unitholders held earlier today (the “Meeting“). A combined total of 9,848,703 trust units and special voting units (collectively, the “Units“) were represented at the… [Read More]
Home Capital Group Announces Departure of CEO Martin K. Reid, Appointment of Interim CEO and Commencement of Search for Permanent Replacement
TORONTO, March 27, 2017 /CNW/ – Home Capital Group Inc. (the “Company”, TSX: HCG) announced today that it has named director Bonita J. Then interim President & Chief Executive Officer of the Company, replacing Martin K. Reid. The Company has commenced a search for a full-time replacement for the President & CEO position. “Home Capital… [Read More]
Clarocity Corporation Announces Issuance of Shares in Lieu of Interest on Conversion of Debentures
CALGARY, March 24, 2017 /CNW/ – Clarocity Corporation (TSXV: CLY) (the “Company” or “Clarocity“) announces that holders (the “Debentureholders“) of its 10% secured, redeemable, convertible debentures due May 9, 2017 (the “Debentures“) may receive common shares in lieu of cash as consideration for accrued interest up to the date of conversion of their Debentures in… [Read More]
CAPREIT Announces Timing of First Quarter 2017 Results & Conference Call and 2016 Annual Unitholders Meeting
TORONTO, ONTARIO–(Marketwired – March 24, 2017) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three months ended March 31, 2017 after the market closes on: Tuesday, May 9, 2017 A conference call hosted by Thomas Schwartz, President and Chief Executive Officer and the… [Read More]
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