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Lanesborough REIT Announces Sale of Elgin Lodge in Port Elgin, Ontario

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WINNIPEG, Oct. 6, 2016 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today that it has completed the sale of Elgin Lodge, effective October 1, 2016, for $14.5 million, subject to customary closing adjustments. Elgin Lodge is a 115-suite retirement residence located in Port Elgin, Ontario. The sale resulted in net cash proceeds… [Read More]

Street Capital provides business update in response to new Department of Finance mortgage insurance rules

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TORONTO, Oct. 6, 2016 /CNW/ – Street Capital Group Inc. (“Street Capital” or the “Company“) (TSX: SCB), today provided a business update following the announcement of new mortgage insurance rules by the federal government’s Department of Finance. On October 3rd, 2016 the Department of Finance announced changes to the mortgage insurance rules that will affect… [Read More]

SmartREIT Third Quarter Results and Conference Call

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TORONTO, ONTARIO–(Marketwired – Oct. 5, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) announced today that it will issue its financial results for the three and nine months ending September 30, 2016 on Wednesday, November 2, 2016. SmartREIT will hold a conference call on Thursday, November 3, 2016 at 9:00 a.m. (ET). Participating on the… [Read More]

Cominar Real Estate Investment Trust to Announce its Third Quarter 2016 Results on November 3, 2016

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QUÉBEC CITY, Oct. 5, 2016 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today that it will release its financial results for the third quarter ended September 30, 2016 on Thursday, November 3, 2016. Management will also hold a conference call on the same day at 11:00 a.m. (EST)… [Read More]

/R E P E A T — Virtual Reality lands at Alexis Nihon/

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MONTREAL, Oct. 3rd, 2016 /CNW Telbec/ – Alexis Nihon is pleased to announce the arrival of the Virtual Reality Adventure Lounge, a free experience offered by the shopping centre that will run from October 5th to 30th inclusively. This is a unique chance for visitors to experience all the latest in innovative and interactive technology…. [Read More]

Genworth MI Canada Inc. Comments on Recently Announced Mortgage Insurance Changes

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TORONTO, Oct. 4, 2016 /CNW/ – On October 3, 2016, the Minister of Finance announced a number of changes designed to reinforce the Canadian housing finance system. Building on measures announced in late 2015, the Government will: Bring consistency to mortgage insurance rules by standardizing eligibility criteria for high- and low-ratio insured mortgages, including a… [Read More]

Artis Real Estate Investment Trust Announces Disposition of Eight Industrial Properties and One Retail Property in Alberta and Provides Update on Dispositions Year-to-Date

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WINNIPEG, Oct. 4, 2016 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it has entered into an unconditional agreement to sell a portfolio of eight industrial properties located in Alberta, totaling approximately 1.2 million square feet (“s.f.”) of gross leasable area. The REIT has also entered into… [Read More]

Crombie REIT Q3 fiscal 2016 conference call

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NEW GLASGOW, NS, Oct. 4, 2016 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) will hold a conference call on Wednesday, November 9, 2016, beginning at 12:00 p.m. (E.S.T.) during which senior management will discuss the REIT’s financial results for the third quarter ended September 30, 2016. Dial in numbers to join the conference… [Read More]

Northview Announces Appointment of the Honourable Jim Prentice to Board of Trustees

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CALGARY, ALBERTA–(Marketwired – Oct. 3, 2016) – The Board of Trustees of Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) (“Northview”) today announced the appointment of the Honourable Jim Prentice, P.C., Q.C., as a Trustee of Northview. “We are very pleased that Mr. Prentice accepted our invitation to join the Northview Board,” said Chair Douglas H…. [Read More]