TORONTO, April 24, 2017 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) today announced its condensed consolidated financial results for the first quarter ended March 31, 2017. Choice Properties also announced it will increase its annual distribution to $0.74 per unit or by 4.2% effective for the May 31, 2017 distribution… [Read More]
RioCan REIT and Killam Apartment REIT Create a Joint Venture to Develop a Residential Community at Gloucester City Centre
TORONTO, ONTARIO and HALIFAX, NOVA SCOTIA–(Marketwired – April 24, 2017) – Editors Note: There are two photos associated with this press release. RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) and Killam Apartment Real Estate Investment Trust (“Killam”) (TSX:KMP.UN) are pleased to announce the formation of a joint venture to develop a rental residential community at… [Read More]
NorthWest Healthcare Properties REIT announces unconditional cash offer of A$2.24 per unit(1) for Generation Healthcare REIT
TORONTO, April 24, 2017 /CNW/ – NWH Australia AssetCo Pty Ltd as trustee for NWH Australia Asset Trust (NorthWest Australia), a controlled entity of NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the REIT or NorthWest), today announced an all-cash, unconditional, off-market takeover offer (Offer) for all outstanding units it does not already own (Generation… [Read More]
Large Regional Bank Selects Clarocity Corporation’s MarketValue Pro to Support Equity Lending
CALGARY, April 24, 2017 /CNW/ – Clarocity Corporation (TSXV: CLY) (the “Company” or “Clarocity“) today announced a leading regional lender has selected MarketValue Pro (MVP) to value properties for equity loans. “We’re pleased to announce that another large regional bank has selected MVP as part of their valuation strategy,” said Shane Copeland, CEO of Clarocity. “While… [Read More]
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
A Deletion from the S&P/TSX Composite Index TORONTO, April 21, 2017 /CNW/ – S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The unitholders of The Milestone Apartments REIT (TSX:MST.UN) have approved the $US16.25 cash per unit takeover offer from Starwood Capital Group. The units of… [Read More]
Dream Office REIT Announces Automatic Securities Repurchase Plan Pursuant to Its Normal Course Issuer Bid
TORONTO, ONTARIO–(Marketwired – April 21, 2017) – DREAM OFFICE REAL ESTATE INVESTMENT TRUST (TSX:D.UN) or (“Dream Office REIT”, the “Trust” or “our”) today announced that in connection with its previously announced normal course issuer bid (the “Bid”), which commenced on June 22, 2016, Dream Office REIT has entered into an automatic securities repurchase plan (the… [Read More]
CAPREIT Comments on Proposed Changes to Ontario Rent Controls
TORONTO, ONTARIO–(Marketwired – April 21, 2017) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) commented today on the proposed changes to rent controls announced yesterday by the Government of Ontario. EXPANSION OF RENT CONTROLS – NO IMPACT ON CAPREIT’S REVENUES The proposed change expands the limits on annual rent renewal increases to include… [Read More]
Northview Announces Amendments to Unitholder Rights Plan
CALGARY, ALBERTA–(Marketwired – April 21, 2017) – Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN), today announced that it has amended certain terms of the amended and restated unitholder rights plan agreement (the “Plan”) to be presented for approval at the annual and special meeting of shareholders of Northview scheduled to be held on May… [Read More]
Allied Properties REIT Announces Completion of $200 Million Offering of 3.636% Series C Senior Unsecured Debentures
TORONTO, ONTARIO–(Marketwired – April 21, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Allied Properties REIT (TSX:AP.UN)(“Allied“) announced today that it has completed its previously announced issuance of $200 million aggregate principal amount of series C senior unsecured debentures (the “Debentures“). The Debentures bear interest… [Read More]
Nexus REIT announces April and May 2017 distributions and payment of trustee fees in units
TORONTO and MONTREAL, April 20, 2017 /CNW Telbec/ – Nexus Real Estate Investment Trust (the “REIT“) (TSXV: NXR.UN) announced today that it will make a cash distribution in the amount of $0.01333 per unit, representing $0.16 per unit on an annualized basis, payable May 15, 2017 to unitholders of record as of April 28, 2017. The REIT will… [Read More]
Genworth Canada commends the Ontario Government for addressing housing affordability in the Greater Golden-Horseshoe market
TORONTO, April 20, 2017 /CNW/ – Genworth Canada commends the Ontario Government for taking action to address affordability in the Greater Golden-Horseshoe (GGH) housing market. “We welcome the actions announced today by the Ontario Government aimed at addressing the affordability of homeownership and expediting access to affordable housing stock suitable for aspiring first-time homebuyers,” said… [Read More]
PROREIT Announces April 2017 Distribution
MONTREAL, QUEBEC–(Marketwired – April 19, 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 today that a cash distribution of $0.0175 per trust unit of the REIT (“Units“) for the month of April, 2017… [Read More]
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