TORONTO, ONTARIO–(Marketwired – Feb. 18, 2016) – RioCan’s HIGHLIGHTS for the year ended December 31, 2015 were: RioCan’s Operating Funds From Operations (“Operating FFO”) for the three months ended December 31, 2015 (“Fourth Quarter”) was $142 million or $0.44 per unit compared to $130 million or $0.42 per unit for the fourth quarter in 2014,… [Read More]
RioCan Real Estate Investment Trust Announces a Three Year Extension to the Employment Agreement With RioCan's Chief Executive Officer, Edward Sonshine, O.Ont., Q.C.
TORONTO, ONTARIO–(Marketwired – Feb. 18, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that RioCan’s Board of Trustees has approved and Edward Sonshine, O.Ont., Q.C., RioCan’s Chief Executive Officer, has accepted an amendment to his employment contract. Under the amended contract, Mr. Sonshine has agreed to a commitment to remain CEO of… [Read More]
Genesis Land Development Corp. Announces Management Changes
CALGARY, Feb. 17, 2016 /CNW/ – The Board of Directors of Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) made the following announcements today. Mr. Bruce Rudichuk has left the Company as President and Chief Executive Officer effective immediately. In addition, Mr. Mark Scott has left the Company as Executive Vice President and… [Read More]
Pure Industrial Real Estate Trust Announces Cash Distribution for February 2016
VANCOUVER, Feb. 17, 2016 /CNW/ – Pure Industrial Real Estate Trust (“PIRET”) (TSX: AAR.UN) today announced that its Board of Trustees has approved a cash distribution of $0.026 per trust unit for the month of February 2016 (equivalent to $0.312 per trust unit on an annualized basis). This distribution will be paid on March 15, 2016… [Read More]
Northview Apartment REIT Announces Resignation of Chief Financial Officer
CALGARY, ALBERTA–(Marketwired – Feb. 17, 2016) – Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN) today announced the resignation of Robert Palmer, Chief Financial Officer, effective March 9, 2016 following the release of 2015 year end results, to accept a position at another company. Northview has commenced a search for Mr. Palmer’s replacement. In the… [Read More]
Choice Properties Real Estate Investment Trust Reports a 7.4% Increase in FFO(1) per Unit Diluted for the Fourth Quarter 2015
TORONTO, Feb. 17, 2016 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) today announced its consolidated financial results for the fourth quarter ended December 31, 2015. The Trust’s Annual Report will be available in the Investor Relations section of the Trust’s website at www.choicereit.ca, filed with SEDAR and available… [Read More]
Dream Global REIT Reports 2015 Year-End Results, 13.5% Increase in IFRS Equity Value Per Unit to $11.41 and Strong Leasing Momentum
TORONTO, ONTARIO–(Marketwired – Feb. 17, 2016) – This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. DREAM GLOBAL REIT (TSX:DRG.UN) (“Dream Global” or the “Trust”) today reported its financial results for the quarter and year… [Read More]
Allied Properties Real Estate Investment Trust Announces February Distribution
TORONTO, ONTARIO–(Marketwired – Feb. 17, 2016) – Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.125 per unit for the month of February 2016, representing $1.50 per unit on an annualized basis. The distribution will be payable on March 15, 2016, to unitholders of record as… [Read More]
Morguard Real Estate Investment Trust Announces 2015 Annual Results
MISSISSAUGA, ON, Feb. 17, 2016 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today is pleased to announce its 2015 annual financial results. These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”). The Trust’s fully diluted FFO for the three months ended December 31, 2015 of $0.45 is… [Read More]
Granite REIT Declares Monthly Distribution
TORONTO, Feb. 17, 2016 /CNW/ – Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution on Granite’s stapled units of CDN$0.192 per stapled unit. The distribution will be paid by Granite on March 15, 2016 to stapled unitholders of record at the close… [Read More]
First Capital Realty announces annual and Q4 results
TORONTO, Feb. 17, 2016 /CNW/ – First Capital Realty Inc. (“First Capital Realty”) (TSX: FCR), one of Canada’s largest owners, developers and managers of grocery anchored urban properties, announced today financial results for the three months and year ended December 31, 2015. SELECTED FINANCIAL INFORMATION Three months ended December 31 Year ended December 31 2015 2014 2015… [Read More]
Pure Multi-Family REIT LP Announces February Distribution and Schedules Conference Call for Q4 2015 Financial Results
VANCOUVER, Feb. 17, 2016 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) announced today that the Board of Directors of Pure Multi-Family REIT (GP) Inc., the governing general partner of Pure Multi, has approved a cash distribution of US$0.03125 per unit for the month of February, 2016 (equivalent to… [Read More]
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