/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 15, 2017 /CNW/ – CT Real Estate Investment Trust (“CT REIT”) (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of March 1, 2017 to March 31, 2017 of $0.05833 per trust… [Read More]
Rental market must be part of the solution to affordable housing in Toronto, new CIBC report finds
Greater Toronto Area is not a normally-functioning market and needs GTA-specific policies TORONTO, March 15, 2017 /CNW/ – Preventing a full-blown housing-affordability crisis in the Greater Toronto Area will require GTA-specific policies aimed at increasing the supply of purpose-built rental units, finds a new report by CIBC Capital Markets. “The GTA housing market is fast approaching… [Read More]
NorthWest Healthcare Properties Real Estate Investment Trust Announces March 2017 Distribution
TORONTO, March 15, 2017 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) announced today that the Trustees of the REIT have declared a distribution of $0.06667 per unit for the month of March, 2017, representing $0.80 per unit on an annualized basis. The distribution will be payable on April 14, 2017… [Read More]
Empire Company Reports Fiscal 2017 Third Quarter Results
STELLARTON, NS, March 15, 2017 /CNW/ – Third Quarter Summary Sobeys’ same-store sales decreased 3.7 percent (1). Earnings per share of $0.11(2). Adjusted earnings per share of $0.13 compared to $0.30 last year (2). (1) Excludes the impact of fuel sales. (2) On a fully diluted basis. Empire Company Limited (“Empire” or the “Company”) (TSX:… [Read More]
BTB – Successful debt reduction impacts performance ratios
MONTRÃAL, March 14, 2017 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “Trust“) releases today its financial results for the fourth quarter and year ended December 31, 2016, and announces the following highlights: HIGHLIGHTS OF THE YEAR ENDED DECEMBER 31, 2016 Slight increase In rental income, net operating income(1), recurring distributable… [Read More]
Smart Real Estate Investment Trust Announces Redemption of 3.385% Series J Senior Unsecured Debentures
TORONTO, ONTARIO–(Marketwired – March 14, 2017) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Smart Real Estate Investment Trust (“SmartREIT“) (TSX:SRU.UN) today announced that it is issuing a notice of redemption to holders of its 3.385% Series J senior unsecured debentures due December 1, 2017 (the “Series J Debentures“),… [Read More]
Mainstreet Health Investments Inc. Announces Sale Leaseback of Senior Living & Post-Acute Portfolio with The Ensign Group Inc.
TORONTO, March 14, 2017 /CNW/ – Mainstreet Health Investments Inc. (TSX:HLP.U) (the “Company“) announced today it has entered into a definitive agreement to acquire two post-acute/skilled nursing facilities and a senior living community (collectively, the “Properties“) from The Ensign Group Inc. (NASDAQ:ENSG) (“Ensign“) for a purchase price of approximately US$38 million. Upon closing the transaction, the Company… [Read More]
Urbanfund Corp. Announces Proposed Acquisition of Controlling Interest in a Downtown Kitchener Multi-Residential Rental Construction Site
TORONTO, ONTARIO–(Marketwired – March 13, 2017) – Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (“Urbanfund” or the “Company”), announced today that, a limited partnership in which it has a controlling interest, has executed a purchase agreement, completed its due diligence and waived all conditions regarding the acquisition of a multi-residential… [Read More]
Lanesborough REIT Reports 2016 Operating Results
WINNIPEG, March 13, 2017 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) today reported its operating results for the year ended December 31, 2016. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with Management’s Discussion & Analysis and the financial statements for the… [Read More]
Artis Real Estate Investment Trust Announces Passing of a Trustee
WINNIPEG, March 13, 2017 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announces the passing of Mr. Delmore C.W. Crewson, FCA, a trustee who served on Artis’ board of trustees since 2006. Armin Martens, Chief Executive Officer of Artis, stated: “It is with great sadness that Artis Real Estate Investment… [Read More]
SmartREIT Announces $150 Million Series Q Senior Unsecured Debentures Issue
TORONTO, ONTARIO–(Marketwired – March 13, 2017) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITES STATES WIRE SERVICES Smart Real Estate Investment Trust (“SmartREIT”) (TSX:SRU.UN) announced today that it has agreed to issue $150 million aggregate principal amount of Series Q senior unsecured debentures on an underwritten basis that will carry a coupon… [Read More]
Killam Apartment REIT Closes $77 Million Public Offering of Trust Units and Announces Redemption of 5.45% Convertible Debentures
HALIFAX, NOVA SCOTIA–(Marketwired – March 13, 2017) – NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Killam Apartment REIT (TSX:KMP.UN) (“Killam”) is pleased to announce that it has closed its previously announced public offering (the “Offering”), on a bought-deal basis, of trust units (the “Units”) to the… [Read More]
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