TORONTO, ONTARIO–(Marketwired – Dec. 7, 2016) – Allied Properties REIT (TSX:AP.UN) announced today that its Trustees have approved an increase in monthly cash distributions from $0.125 ($1.50 per unit annualized) to $0.1275 per unit ($1.53 per unit annualized). The increased monthly distribution will commence on January 16, 2017, payable to unitholders of record on December… [Read More]
ACTIVEnergy Income Fund Announces Normal Course Issuer Bid
CALGARY, Dec. 7, 2016 /CNW/ – ACTIVEnergy Income Fund announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”) for its units through the facilities of the TSX. This NCIB will commence on December 12, 2016 and will terminate on… [Read More]
Pathfinder Income Fund Announces Normal Course Issuer Bid
CALGARY, Dec. 7, 2016 /CNW/ – Pathfinder Income Fund announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”) for its units through the facilities of the TSX. This NCIB will commence on December 14, 2016 and will terminate on… [Read More]
PROREIT Completes $7.4 Million Property Acquisition
MONTREAL, QUEBEC–(Marketwired – Dec. 7, 2016) – 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) is pleased to report that it has successfully closed a previously announced transaction to acquire a mixed use office and retail… [Read More]
Mosaic Capital Corporation Announces Quarterly Dividend on its Common Shares, Dividend Reinvestment Plan and Other Matters
CALGARY, Dec. 6, 2016 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M, M.PR.A and M.DB) is pleased to announce that its board of directors has approved a quarterly dividend on Mosaic’s common shares (TSX-V Symbol: M) of $0.10 per share (or $0.40 per share on an annualized basis). This dividend will be paid December… [Read More]
True North Commercial Real Estate Investment Trust Adds Urban Asset with Government Tenant with a 7.5 Year Lease Term
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Dec. 6, 2016 /CNW/ – True North Commercial Real Estate Investment Trust (the “REIT“) (TSX: TNT.UN) is pleased to announce it has closed the previously-announced acquisition of an office complex comprising one four-storey and one three-storey office building located at 4500-4520 16th Avenue NW, Calgary,… [Read More]
Mainstreet Releases FY 2016 Results
CALGARY, Dec. 6, 2016 /CNW/ – Mainstreet Equity Corp. (TSX: MEQ, “Mainstreet” or the “Corporation”), an add-value, mid-market consolidator of apartments in Western Canada, is announcing its operating and financial results for the year ended September 30, 2016. Bob Dhillon, Founder and Chief Executive Officer of Mainstreet, said, “The past year was a challenging one for… [Read More]
Trez Capital Mortgage Investment Corporation Announces Substantial Issuer Bid
TORONTO, Dec. 5, 2016 /CNW/ – Trez Capital Mortgage Investment Corporation (TSX:TZZ) (the “Company“) announced today that its Board of Directors has authorized a substantial issuer bid (the “Offer“), pursuant to which the Company will offer to purchase for cancellation up to 4,375,000 class A shares (the “Shares“) for an aggregate purchase price not to exceed… [Read More]
Granite Prices Offering Of $400 Million 3.873% Senior Debentures Due 2023 And Issues Notice Of Redemption Of Senior Debentures Due 2018
TORONTO, Dec. 5, 2016 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN; NYSE: GRP.U) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Partnership (“Granite LP“) has priced an offering (the “Offering“) of $400 million aggregate principal amount of 3.873% Series 3 Senior Debentures due 2023 (the “Debentures“). The Debentures will… [Read More]
True North Commercial REIT Announces Renewal of Normal Course Issuer Bid
NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES TORONTO, Dec. 5, 2016 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT“) today announced it has received approval from the Toronto Stock Exchange (“TSX“) to renew its existing normal course issuer bid (the “NCIB“) for a further twelve month period…. [Read More]
Mosaic Capital completes acquisition of Ottawa-based Bassi Construction Ltd. and Basscon Group Inc.
CALGARY, Dec. 5, 2016 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M, M.PR.A and M.DB) is pleased to announce that it has successfully completed the acquisition of a 70% interest in the business being carried on by Bassi Construction Ltd. and Basscon Group Inc. (collectively “Bassi“). The remaining 30% is retained by John Bassi…. [Read More]
Tricon Announces $30 million Acquisition of Three Manufactured Housing Communities in California
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ALL FIGURES IN US DOLLARS UNLESS INDICATED./ TORONTO, Dec. 5, 2016 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX: TCN), a principal investor and asset manager focused on the residential real estate industry, announced today that its Tricon Lifestyle… [Read More]
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