MISSISSAUGA, ON, Nov. 2, 2016 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today is pleased to announce its financial results for the three months and nine months ended September 30, 2016 (“Q3”). These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”). The Trust’s fully diluted funds from operations… [Read More]
Firm Capital Property Trust announces 4.8% increase in monthly distributions, revised November and December 2016 cash distributions and acquisition of a Moncton retail property
TORONTO, Nov. 1, 2016 /CNW/ – Firm Capital Property Trust (the “Trust“) (TSXV: FCD.UN) announced today that its Board of Trustees has approved a 4.8% increase in its monthly distributions to $0.036666 per unit from $0.035 per unit. On an annualized basis this equates to anticipated distributions of $0.44 per unit up from $0.42 per… [Read More]
Killam Apartment REIT Announces Q3-2016 Results, Including 3.0% Same Property NOI Growth, $0.24 in FFO Per Unit, Improved Leverage and the Completion of Its Newest Development Project
HALIFAX, NOVA SCOTIA–(Marketwired – Nov. 1, 2016) – Killam Apartment REIT (TSX:KMP.UN) (“Killam”) is pleased to report its Q3-2016 results, including diluted funds from operations (“FFO”) per unit of $0.24, consistent with $0.24 in Q3-2015. “We made meaningful progress on our strategic priorities during the quarter” noted Philip Fraser, President and CEO. “We achieved net… [Read More]
CT REIT Announces Distribution Increase and Reports Strong Third Quarter Results
CT REIT increases annual distribution by 3.0% beginning January 2017 Announces five new investments totalling $74 million 9.4% increase in AFFO per unit TORONTO, Nov. 1, 2016 /CNW/ – CT Real Estate Investment Trust (“CT REIT”) (TSX: CRT.UN) today reported its consolidated financial results for the third quarter ended September 30, 2016. “Our growth strategy… [Read More]
Morguard North American Residential REIT Announces 2016 Third Quarter Results and an Increase to Monthly Cash Distributions
MISSISSAUGA, ON, Nov. 1, 2016 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the three and nine months ended September 30, 2016. Third Quarter Highlights The Board of Trustees has also announced it will increase the REIT’s annual cash distribution by $0.04 per Unit (6.7%). The increase… [Read More]
Allied Announces Third-Quarter Results With Continuing Growth in NAV per Unit and Intensification Potential
TORONTO, ONTARIO–(Marketwired – Nov. 1, 2016) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced results for its third quarter ended September 30, 2016. “In many respects, 2016 has been a better year than expected,” said Michael Emory, President & CEO. “Our operating environment has remained supportive, and our rental and development portfolios… [Read More]
Mosaic Capital Corporation Announces Overnight-Marketed Public Offering of Convertible Unsecured Senior Subordinated Debentures
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. CALGARY, Nov. 1, 2016 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.PR.A) announced today that it has filed a preliminary prospectus supplement (the “Prospectus Supplement“)… [Read More]
Holloway Lodging Corporation Announces Third Quarter 2016 Results Conference Call
/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Nov. 1, 2016 /CNW/ – Holloway Lodging Corporation (TSX: HLC, HLC.DB, HLC.DB.A) (“Holloway”) will release its 2016 third quarter results on Wednesday, November 9, 2016. An investor conference call will take place on Thursday, November 10, 2016 at 10:00 a.m…. [Read More]
True North Commercial Real Estate Investment Trust Continues Growth in Urban Cities with Strategic Property Acquisitions of CDN$66.9 Million
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Nov. 1, 2016 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT“) is pleased to announce it has agreed to acquire: (i) a 154,300 square foot office property located at 3650 Victoria Park Avenue, Toronto, Ontario (the “Toronto Property“); (ii)… [Read More]
Starlight U.S. Multi-Family (No. 5) Core Fund Acquires Apartment Complex in Austin, Texas Resulting in Full Deployment of Public Offering Proceeds
Not for distribution to U.S. newswire services or for dissemination in the United States TORONTO, Oct. 31, 2016 /CNW/ – Starlight U.S. Multi-Family (No. 5) Core Fund (TSX.V: SUA.A, SUA.U) (the “Fund“) announced today that it has acquired City North at Sunrise Ranch (“City North“), a 384 unit, garden style, Class “A” apartment complex completed in… [Read More]
Terra Firma Capital Corporation Announces Acceptance by TSX Venture Exchange of Normal Course Issuer Bid
TORONTO, ONTARIO–(Marketwired – Oct. 31, 2016) – Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“), a real estate finance company, announced today acceptance by the TSX Venture Exchange (the “TSX-V“) of the Company’s Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”). Pursuant to the NCIB, the Company proposes to… [Read More]
Northview Apartment Real Estate Investment Trust Completes Previously Announced Offering of Trust Units With Exercise of Over-Allotment Option
CALGARY, ALBERTA–(Marketwired – Oct. 31, 2016) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Northview Apartment Real Estate Investment Trust (TSX:NVU.UN) (“Northview”) announced today that they have closed their previously announced public offering (the “Offering”) of trust units (“Units”) with a syndicate of underwriters (the “Underwriters”) led by CIBC… [Read More]
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