TORONTO, July 25, 2016 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) today announced the appointment of Mr. Ilias Konstantopoulos as Granite’s new Chief Financial Officer effective on or about September 12, 2016. Mr. Konstantopoulos is a senior financial executive who brings over 20 years of corporate finance, mergers and… [Read More]
Agellan Commercial Real Estate Investment Trust Announces $40 Million Bought Deal Financing
TORONTO, ONTARIO–(Marketwired – July 25, 2016) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Agellan Commercial Real Estate Investment Trust (TSX:ACR.UN) (the “REIT”) announced today that is has entered into an agreement to sell to a syndicate of underwriters led by RBC Capital Markets and BMO Capital Markets… [Read More]
Morguard Research Report Says Foreign Investors Continue to Seek Stability in Canadian Commercial Real Estate
MISSISSAUGA, ON, July 25, 2016 /CNW/ – Despite Canada’s tepid economic growth forecast, foreign investment continues to stimulate the real estate market as investors look for stability. Morguard Corporation’s (TSX: MRC) (“Morguard”) second quarter 2016 Economic Outlook and Market Fundamentals Report points to Canada as an attractive market for foreign capital investment, due to the… [Read More]
NorthWest Healthcare Properties REIT Announces Successful Completion of Public Offering of Trust Units and Convertible Debentures for Aggregate Gross Proceeds of $146 Million, Including Concurrent Private Placement
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TSX: NWH.UN TORONTO, July 25, 2016 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NorthWest” or the “REIT”) is pleased to announce the closing of its previously-announced public offering whereby NorthWest sold an aggregate of 6,785,000 trust units of… [Read More]
Inovalis Real Estate Investment Trust announces Closing of $46 million Bought Deal Financing
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, July 25, 2016 /CNW/ – Inovalis Real Estate Investment Trust (“Inovalis REIT” or the “REIT“) (TSX: INO.UN) today announced the closing of its previously announced public offering (the “Offering“) of 4,842,190 trust units (“Units“), inclusive of 631,590 Units issued pursuant to the exercise… [Read More]
True North Commercial Real Estate Investment Trust Completes Acquisition in the Greater Toronto Area
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, July 22, 2016 /CNW/ – True North Commercial Real Estate Investment Trust (the “REIT“) (TSX: TNT.UN) is pleased to announce it has closed the acquisition of an office property located at 6865 Century Avenue, Mississauga, Ontario (the “Century Property“). The Century Property is a two-story… [Read More]
Edgefront Real Estate Investment Trust Announces Release Date for Second Quarter Results, July 2016 Distribution, and Payment of Trustee Fees in Units
CALGARY, ALBERTA–(Marketwired – July 22, 2016) – Edgefront Real Estate Investment Trust (the “REIT”) (TSX VENTURE:ED.UN) announced today that it intends to release its financial results for the second quarter ended June 30, 2016 before the opening of the TSX Venture Exchange on Thursday August 18, 2016. Kelly Hanczyk, President and Chief Executive Officer of… [Read More]
SmartREIT Announces Executive Promotion
VAUGHAN, ONTARIO–(Marketwired – July 21, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) announces today that effective July 21, 2016 Peter Forde is promoted to President of SmartREIT, reporting to Huw Thomas, the REIT’s CEO. “We are a growing REIT. Particularly with the acquisition last year of SmartCentres, SmartREIT has many exciting, accretive developments underway,… [Read More]
RioCan Announces Firm Agreement to Acquire CPPIB's Interest in Four Properties and Provides an Update on Recent Acquisition Activities
TORONTO, ONTARIO–(Marketwired – July 21, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that it has entered into a firm agreement with Canada Pension Plan Investment Board’s (“CPPIB”) to acquire their interest in four properties that are currently co-owned, which is anticipated to close before the end of July 2016. RioCan will… [Read More]
NorthWest Healthcare Properties REIT Executes on $145 Million of Brazil Hospital Acquisitions
TORONTO, July 21, 2016 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT” or “NorthWest”) (TSX: NWH.UN) announced today that it has completed the previously disclosed acquisition of Hospital Ifor for $25.7 million (R$65.9 million) (the “Acquisition”) and waived due diligence conditions on the previously disclosed acquisition of Hospital Santa Helena for $117.0 million… [Read More]
Media Advisory – Canadian Tire Corporation Second Quarter 2016 Results
TORONTO, July 21, 2016 /CNW/ – Canadian Tire Corporation, Limited (CTC, CTC.A) will release its second quarter 2016 financial results and host an earnings conference call. WHEN: Thursday, August 4, 2016 at 1:00 p.m. ET CALL DETAILS: 416-340-2219 or 1-866-225-0198 The conference call will be webcast live in its entirety at 1:00 p.m. ET at… [Read More]
PROREIT Takes Advantage of Market Conditions to Extend Term and Lower Interest Costs on a Significant Portion of its Mortgage Debt
MONTREAL, QUEBEC–(Marketwired – July 21, 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 announce that the REIT has received commitments totaling $19.6 million for the refinancing of approximately 15 percent of… [Read More]
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