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Allied Announces July 2023 Distribution

July 17, 2023 By Globenewswire Tagged With: TSX:AP.UN

TORONTO, July 17, 2023 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of July 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on August 15, 2023, to unitholders of record as… [Read More]

Global $45 Bn Smart Lighting Market Outlook to 2028 – ResearchAndMarkets.com

July 17, 2023 By Business Wire

DUBLIN–(BUSINESS WIRE)–The “Global Smart Lighting Market Outlook, 2028” report has been added to ResearchAndMarkets.com’s offering.


The market is anticipated to cross USD 45 Billion market size by 2028, increasing from USD 15.67 Billion in 2022. The market is projected to grow with 20.02% CAGR by 2023-28.

In recent years, the market for smart lighting has experienced significant growth, owing primarily to ongoing and upcoming smart city projects in developing economies, improved acceptance of standard protocols for lighting control systems, and the introduction of new features such as data analytics and API event generation.

These factors will drive market growth through the projected period’s conclusion. Furthermore, the increase in demand for IoT-enabled lighting fixtures and smart lighting solutions, as well as the increasing use of LED lights and luminaires in outdoor lighting, will boost smart lighting demand in the near future.

The concept of smart houses has become a reality as a result of modern technical breakthroughs likes as Bluetooth, IoT, and cloud computing. With smart home features being adopted in more and more common households, there is a growing need for smart LED lighting systems that can be connected to other electrical devices and controlled remotely.

Smart lighting systems driven by LED lights are also projected to provide attractive potential for LED applications in commercial and industrial settings. In today’s lighting market, the smart lighting system is one of the most modern lighting technologies and energy management systems.

Every luminaire in the smart lighting system has sensors and automatic control functions that monitor and react to occupancy, pre-selected light levels, and changes in ambient daylight levels. One of the important characteristics that include reducing energy usage and boosting controls factor in conformity with consumers’ expectations is automated sensing functionality.

As a result, smart lighting systems are extremely efficient, intelligent, and quickly reconfigurable to react to changes in the environment or the needs of users. Whatever the application, the smart lighting system may provide automated energy savings as well as exceptional flexibility to improve the user experience. Smart lights are made up of multiple networked components, including lighting fixtures that collect data about their surroundings and allow users to control or alter equipment based on their needs.

Furthermore, technological breakthroughs that enable the simple integration of functionalities such as environmental sensing and voice control in lighting systems have broadened and diversified the spectrum of smart lighting applications.

Recent Developments

  • In February 2023, the world leader in lighting, Signify, provided connected lighting systems, smart poles, and LED street lighting to the industrial parks in Huanggang City, Hubei Province, China. With the help of this massive smart pole project, the province will be able to reduce energy use and emissions while also modernizing the city’s infrastructure.
  • In February 2023, Honeywell Carbon Capture Technology to be used by ExxonMobil.
  • In February 2023, Signify helped the German municipality of Eichenzell become a future-proof smart city through intelligent street lighting. Its BrightSites solution brings fast, wireless broadband connectivity to the city, allowing Eichenzell to cater to next-generation IoT applications and future 5G densification. Signify installed LED lighting, which is managed by the Interact City System. Eichenzell can continuously monitor and manage all lights from a single dashboard.
  • In January 2023, Savant Company GE Lighting announced the expansion of its smart home ecosystem, Cync. Cync unveiled its entire Dynamic Effects entertainment lineup, which includes 16 million colors, pre-set and custom light shows, on-device music syncing, and other features. In addition, following a successful launch last year, Cync has expanded its Wafer light fixture line.
  • In February 2023, Signify supplied LED street lighting, intelligent poles, and a connected lighting system to the industrial parks in Huanggang City in Hubei Province, China. The city opted for Signify’s BrightSites smart poles, Philips LED streetlights, and Interact connected lighting system. This combination provides high-quality, energy-efficient LED lighting and two-way communication on a cloud-based platform.
  • January 2023 – Lutron plans to provide new solutions and upgrade existing products that enable AV professionals to offer high-quality, future-ready lighting control while allowing clients to achieve their interior design dreams, removing the need to choose between aesthetics and experience.

Competitive Landscape

Competitive Dashboard

  • Business Strategies Adopted by Key Players
  • Key Players Market Share Insights and Analysis, 2022
  • Key Players Market Positioning Matrix
  • Porter’s Five Forces

Company Profiles

  • Signify N.V.
  • Honeywell International Inc.
  • Panasonic Holdings Corporation
  • Legrand S.A.
  • Osram Licht Ag
  • Eaton Corporation Plc
  • ABB Ltd
  • Hubbell Incorporated
  • General Electric Company
  • Wipro Enterprise Ltd
  • Zumtobel Group AG
  • Everlight Electronics Co, Ltd
  • Itron Inc.
  • Opple Lighting Co. Limited
  • Lumileds Holding B.V.
  • Seoul Semiconductor
  • Dialight Plc
  • Havells India Limited
  • Acuity Brand Inc.
  • NVC Lighting Technology Corporation

Considered in this report

  • Geography: North America
  • Historic year: 2017
  • Base year: 2022
  • Estimated year: 2023
  • Forecast year: 2028

Countries covered in the report:

  • United States
  • Canada
  • Mexico

By Offerings:

  • Hardware
  • Software
  • Services

By Application:

  • Indoor
  • Outdoor

By Indoor:

  • Commercial
  • Residential
  • Industrial
  • Others

By Price Range:

  • Highways & Roadways
  • Architectural Lighting
  • Light for public places

For more information about this report visit https://www.researchandmarkets.com/r/np0xp5

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Melcor REIT announces July 2023 distribution of $0.04 per unit

July 14, 2023 By Globenewswire Tagged With: TSX:MR.UN

EDMONTON, Alberta, July 14, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distribution of $0.04 per unit for the month of July 2023 unchanged from previous months. The July distribution will be payable as follows: Month Record Date Distribution Date Distribution… [Read More]

Tricon Announces Date for Second Quarter 2023 Results Conference Call

July 14, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, invites you to participate in its live conference call with senior management to discuss the Company’s financial results for the second quarter of 2023. The call will take place on Wednesday, August 9th at 11 a.m. ET.


Tricon’s financial statements and management’s discussion and analysis for the second quarter of 2023 will be released prior to the call and will be made available on the Company’s website, on the U.S. Securities and Exchange Commission website at www.sec.gov and on the Canadian Securities Administrators’ website at www.sedar.com. The Company will also release supplementary information which will be available on the Tricon Residential Investor Relations website at www.triconresidential.com.

To access the call, please dial (888) 550-5422 or (646) 960-0676 (Conference ID #3699415). The conference call will be available via webcast on the Tricon Residential Investor Relations website at www.triconresidential.com. A replay of the call will be available from 2pm ET on August 9th, 2023, until midnight ET, on September 9th, 2023. To access the replay, call (800) 770- 2030 or (647) 362- 9199, followed by Conference ID #3699415.

About Tricon Residential Inc.

Tricon Residential Inc. (NYSE: TCN, TSX: TCN) is an owner and operator of a growing portfolio of approximately 37,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life’s potential. For more information, visit www.triconresidential.com.

Contacts

For further information, please contact:

Wissam Francis

EVP & Chief Financial Officer

Email: IR@triconresidential.com

Wojtek Nowak

Managing Director, Capital Markets

Messagepoint Enters into Strategic Partnership with Newbold Advisors

July 13, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Messagepoint Inc. announced today that it has signed Newbold Advisors as a referral partner for its customer communications management (CCM) solution. Newbold Advisors provides business, technology and staffing consulting and professional services to the mortgage servicing sector and will introduce Messagepoint to clients looking to improve borrower communications operations and experiences.


“Messagepoint provides a powerful solution for addressing the key issues relating to inefficiency, slow change cycles and outdated borrower communications for mortgage servicers today,” said Newbold partner Michael Wade. “The ability to accelerate time to market, improve the quality of communications and centrally manage content for all channels from one intelligent content hub is a game changer for mortgage servicing organizations.”

Many mortgage servicers are challenged by long authoring and change cycles for critical borrower correspondence due to existing constraints with legacy platforms, as well as a heavy reliance on IT and third-party service providers to code content changes. These communications are also subject to strict regulatory requirements, which add acute time pressures and operational complexity, particularly for large mortgage servicing teams that manage loans involving multiple states and mortgage origination clients. By modernizing communications systems to move away from code-intensive solutions, both servicers and their print partners can reduce costs and accelerate processes.

With its patented variation management capabilities, Messagepoint’s cloud-native, AI-powered CCM solution makes it easy for business teams to manage borrower communication variations that incorporate regional or brand differences. In addition, by empowering business teams with no-code approaches to authoring, updating and managing content directly, mortgage servicers can significantly reduce their reliance on IT and third-party service providers. This reduces time to market for new or updated communications from weeks down to hours, enabling teams to adapt quickly to regulatory or market changes.

“Messagepoint’s unique focus on content gives mortgage servicers a more intelligent way to manage their borrower communications, resulting in rapid and significant improvements in operational efficiency, speed and the quality of communications,” said Steve Biancaniello, founder and CEO of Messagepoint.

Messagepoint’s intelligent SaaS-based content hub is used by leading financial services, insurance, healthcare and service organizations to create and manage highly personalized customer communications for print and digital channels. Messagepoint is recognized as a leader in the customer communications space by industry analysts and has been awarded three patents for its AI-powered platform. The organization recently announced the addition of generative AI capabilities to its platform, enhancing the Assisted Authoring capabilities in Messagepoint to offer suggested content rewrites to address content issues related to sentiment, reading levels and brand alignment.

For more information, contact Messagepoint at info@messagepoint.com.

About Messagepoint

Messagepoint is a leading provider of customer communications management software. Only Messagepoint harnesses AI-powered Content Intelligence to automate and simplify the process of migrating, optimizing, authoring and managing complex customer communications for non-technical (business) users. Customers rely on its award-winning platform to consistently deliver exceptional, highly personalized customer communications across all platforms and channels. For more information, visit www.messagepoint.com.

About Newbold

Newbold Advisors, LLC is a national consulting and professional services company serving institutional clients in the private sector.

The firm’s mission is to deploy qualified mortgage lending professionals at competitive rates to achieve tangible results. Our goal is to earn every client’s trust by delivering results with integrity. For more information, visit https://newboldadvisors.com/mortgage/.

Contacts

Patricia Kilgore

Sterling Kilgore

630-567-9379

pkilgore@sterlingkilgore.com

Colliers to Announce Second Quarter Results on August 2, 2023

July 12, 2023 By Globenewswire Tagged With: TSX:CIGI

TORONTO, July 12, 2023 (GLOBE NEWSWIRE) — Colliers International Group Inc. (TSX & NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that results for the second quarter ended June 30, 2023 will be issued by press release on August 2, 2023 at approximately 7:00am ET. A conference call to review these results will take place… [Read More]

CarbonCure Secures $80M USD In New Equity Round Led By Blue Earth Capital

July 12, 2023 By Business Wire

The new funding will boost the global scale of CarbonCure’s carbon removal technologies across the concrete industry & expand its supply of high quality carbon credits.

HALIFAX, Nova Scotia–(BUSINESS WIRE)–#CarbonCure–CarbonCure Technologies, the global leader in carbon removal technologies for the concrete industry, today announces a major investment led by Blue Earth Capital, part of a broader collaborative investment round totaling more than $80 million USD.


The new funding also includes strong and substantial support from existing shareholders, including Breakthrough Energy Ventures, Taronga Ventures, Amazon’s Climate Pledge Fund, Microsoft Climate Innovation Fund and 2150. New strategic investors include BH3 Growth Equity (BH3) and Samsung Ventures (Corporate VC fund backed by Samsung C&T). In addition to their financial backing, these firms are force multipliers of sustainability and innovation, with direct involvement in new product development and acting as market demand catalysts.

With 750 systems sold across more than 30 countries, this investment will support CarbonCure in achieving its growth plans and accelerating its product roadmap.

“The financial backing of this special syndicate of investors is an exciting endorsement of CarbonCure as a go-to solution for low embodied carbon concrete, a leader in carbon removal technologies and a provider of the highest quality carbon credits in the voluntary carbon market,” said CarbonCure Chair and CEO Robert Niven.

Blue Earth Capital is a mission-driven, global investment firm. It is an advocate for sustainability through its growth investments, supporting companies that have the potential to deliver measurable impact alongside attractive financial returns. Via its Climate Growth Strategy, Blue Earth Capital provides equity capital to help businesses scale, focusing on companies that offer products and services to facilitate the global energy transition as well as decarbonising key economic sectors including large scale production and consumption.

“Blue Earth Capital seeks to address pressing environmental and social challenges globally. To achieve this and as part of our Climate Growth Strategy, we look to support promising technologies and companies enabling the redesign or supplementation of major industrial processes by using lower carbon-intensive materials and/or enabling raw materials to be reused. CarbonCure’s technologies achieve both, on the one hand enabling concrete production with less carbon-intensive cement and on the other creating less solid waste and using less fresh water. Solutions like these are urgently needed to help meet global climate goals,” said Kayode Akinola, Head of Private Equity at Blue Earth Capital.

CarbonCure’s technologies have already been used to produce nearly five million truckloads of lower carbon concrete, saving about 290,000 metric tons of carbon dioxide, equivalent to taking 64,000 gas-powered cars off the road for a year.

About CarbonCure

CarbonCure Technologies, a fast-growing carbon dioxide removal tech company, has developed easy-to-adopt solutions that enable concrete producers to use captured carbon dioxide to produce reliable, low carbon concrete mixes and achieve market differentiation amid surging demand for greener building materials among architects, engineers, owners and developers. With hundreds of CarbonCure systems operating around the world, roughly five million truckloads of this concrete have supplied a broad spectrum of sustainable construction projects. CarbonCure’s cutting-edge research and innovation have garnered global recognition and prestigious titles, most notably Carbon XPRIZE Grand Prize Winner, 2022 CNBC Disruptor 50 List Company and Cleantech 100 Hall of Fame Company. CarbonCure’s investors also include Amazon, BDC Capital, Breakthrough Energy Ventures, Carbon Direct, GreenSoil Investments, Microsoft Climate Innovation Fund, Mitsubishi Corporation, Pangaea, 2150 and Taronga Group.

About Blue Earth Capital

Blue Earth Capital is a global, independent, specialist impact investor, headquartered in Switzerland, with operations in New York, London, and Konstanz. Blue Earth Capital seeks to address the world’s most pressing social and environmental challenges by delivering measurable impact alongside aiming for attractive and sustainable financial returns. The company operates dedicated private equity, private credit and fund solutions. Blue Earth Capital is owned by the Blue Earth Foundation, a Stiftung (charity/trust) registered in Switzerland that focuses on deep impact to support initiatives and business ventures to help deliver a more equitable and sustainable future.

Contacts

Media:
CarbonCure Technologies
Mike Carter-Conneen

Sr. Director of Corporate Communications

media@carboncure.com

Blue Earth Capital
Kekst CNC

Blueearthcapital@kekstcnc.com

FirstService to Announce Second Quarter Results on July 27, 2023

July 11, 2023 By Globenewswire Tagged With: TSX:FSV

TORONTO, July 11, 2023 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will release its financial results for the second quarter ended June 30, 2023 by press release on Thursday, July 27, 2023 at approximately 7:30 am ET. The conference call to review these financial results will take place… [Read More]

Firm Capital Property Trust Completes $38.2 Million Mortgage Refinancing of Pointe-Claire Multi-Residential Property and Provides Stability and Compelling Value

July 7, 2023 By Globenewswire Tagged With: TSX-V:FCD.UN, TSX:FCD-UN.TO

TORONTO, July 07, 2023 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSX: FCD.UN) is pleased to announce the following: $38.2 MILLION, 3.69%, 10-YEAR MORTGAGE REFINANCINGThe Trust has closed a $38.2 million mortgage refinancing of its 100% owned Multi-Residential Property located in Pointe-Claire, QC. The CMHC insured mortgage has a 3.69% fixed… [Read More]

Slate Grocery REIT to Release Second Quarter 2023 Financial Results

July 7, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it will be releasing its second quarter 2023 financial results before market hours on Thursday, August 3, 2023. Senior management will host a live conference call at 9:00 am ET on Thursday, August 3, 2023 to discuss the results and ongoing business initiatives of the REIT.


Conference Call Details

The conference call can be accessed by dialing (416) 764-8658 or 1 (888) 886-7786. Additionally, the conference call will be available via simultaneous audio found at https://viavid.webcasts.com/starthere.jsp?ei=1621799&tp_key=1eb4041786. A replay will be accessible until August 17, 2023 via the REIT’s website or by dialing (416) 764-8692 or 1 (877) 674-7070 (access code 831208#) approximately two hours after the live event.

About Slate Grocery REIT (TSX: SGR.U / SGR.UN)

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SGR-FR

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

Slate Office REIT to Release Second Quarter 2023 Financial Results

July 6, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that it will be releasing its second quarter 2023 financial results before market hours on Wednesday, August 2, 2023. Senior management will host a live conference call at 9:00 a.m. ET on Wednesday, August 2, 2023 to discuss the results and ongoing business initiatives of the REIT.


Conference Call Details

The conference call can be accessed by dialing (416) 764-8658 or 1 (888) 886-7786. Additionally, the conference call will be available via simultaneous audio found at https://viavid.webcasts.com/starthere.jsp?ei=1621797&tp_key=4b589f6cf7. A replay will be accessible until August 16, 2023 via the REIT’s website or by dialing (416) 764-8692 or 1 (877) 674-7070 (access code 951017#) approximately two hours after the live event.

About Slate Office REIT (TSX: SOT.UN)

Slate Office REIT is a global owner and operator of high-quality workplace real estate. The REIT owns interests in and operates a portfolio of strategic and well-located real estate assets in North America and Europe. The majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SOT-FR

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

CAPREIT Announces Timing of Second Quarter 2023 Results & Conference Call

July 5, 2023 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, July 05, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three and six months ended June 30, 2023 after markets close on: Thursday, August 3, 2023 A conference call to discuss the results will be hosted by the CAPREIT… [Read More]

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