STELLARTON, NS, April 26, 2017 /CNW/ – Empire Company Limited (“Empire”) today announced two appointments to its senior executive ranks. Michael Vels has been named Executive Vice President & Chief Financial Officer of Empire and its wholly-owned subsidiary Sobeys Inc. effective June 12th, 2017. Mr. Vels was most recently Chief Financial Officer of Hydro One… [Read More]
Clarocity Corporation Announces Contract with Top 10 Credit Union
CALGARY, April 26, 2017 /CNW/ – Clarocity Corporation (TSXV: CLY) (the “Company” or “Clarocity“) today announced a top 10 Credit Union has selected Clarocity Corporation as a valuation solutions partner to provide MarketValue Pro appraisal and traditional appraisal products to support their home lending requirements. “We’re pleased to announce that one of the nation’s largest credit… [Read More]
Slate Office REIT Completes Acquisition of Three Office Properties and Conversion of Subscription Receipts
TORONTO, ONTARIO–(Marketwired – April 25, 2017) – Slate Office REIT (TSX:SOT.UN) (the “REIT”), a leading owner of office properties in Canada, is pleased to announce the closing of its previously announced acquisitions of three office properties located in the Greater Toronto Area and Fredericton, New Brunswick for an aggregate purchase price of $165 million (the… [Read More]
Artis Real Estate Investment Trust Named One of Canada’s Top Small and Medium Employers for 2017
WINNIPEG, April 25, 2017 /CNW/ – On April 25, 2017, Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) was announced as one of Canada’s Top Small and Medium Employers for 2017. “We are pleased to be named one of Canada’s Top Small and Medium Employers for a third consecutive year. This award… [Read More]
Choice Properties Real Estate Investment Trust Reports Solid Results for the First Quarter of 2017 and Announces 4.2% Increase to Annual Distributions
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]
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