EDMONTON, ALBERTA–(Marketwired – Nov. 9, 2015) – Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today that its board of trustees has approved the acquisition of interests in two commercial properties (together, the “Acquisitions”) representing approximately 53,207 square feet of gross leasable area (“GLA”) for an aggregate cash purchase price of approximately $15.25 million… [Read More]
Melcor REIT Announces Third Quarter 2015 Results
EDMONTON, ALBERTA–(Marketwired – Nov. 9, 2015) – Highlights Execution of our growth strategy over the past twelve months increased our portfolio GLA by 49% over Q3-2014. This contributed to growth in certain key metrics over the comparative period. Rental Revenue of $15.94 million for growth of 44% over Q3-2014 Net rental income of $9.97 million… [Read More]
Genworth MI Canada Inc. Considering Debenture Offering
/THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR TRANSMITTEDIN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE OR NEWS SERVICES./ TORONTO, Nov. 6, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) announced today that it is considering a debenture offering pursuant to its base shelf prospectus. The Company will provide… [Read More]
OneREIT Announces Third Quarter 2015 Results
TORONTO, ONTARIO–(Marketwired – Nov. 6, 2015) – NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY NON-CANADIAN SOURCE OneREIT (TSX:ONR.UN) today announced results for the third quarter ended September 30, 2015. Highlights: Net operating income (“NOI”) increased 14.7% and 15.6%, respectively for the three and nine months ended September 30, 2015, compared with the… [Read More]
Zaio Announces Termination of Axis Merger
CALGARY, Nov. 6, 2015 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”) announced today that its Board of Directors has determined that the previously announced merger with Axis Appraisal Management (Axis) is not in the best interest of Zaio shareholders at this time, and as a result, the transaction will not be closed…. [Read More]
Kingsway Arms Retirement Residences Inc. Announces Reverse Takeover Transaction
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Nov. 6, 2015 /CNW/ – Kingsway Arms Retirement Residences Inc. (“Kingsway” or the “Company“) (TSX.V: KWA) today announced a reverse takeover transaction (the “Reverse Takeover“). Pursuant to a binding commitment letter dated November 5, 2015 (the “Commitment Letter“), the Company… [Read More]
MCAN Mortgage Corporation Reports 48% Increase in Third Quarter Net Income and Increase in Quarterly Dividend
Stock market symbol TSX: MKP TORONTO, Nov. 5, 2015 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported strong third quarter 2015 earnings today. Q3 2015 Operating Results Net income for the third quarter of 2015 was $7.2 million, up 48% from $4.9 million in the prior year, while earnings per share increased… [Read More]
Firm Capital Property Trust announces another solid quarter of earnings and portfolio growth
TORONTO, Nov. 5, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its consolidated interim financial results for the three months and nine months ended September 30, 2015. THIRD QUARTER HIGHLIGHTS Three Months Ended September 30, 2015 FFO and AFFO of $1.2 million and $1.1 million is a 12%… [Read More]
Dream Unlimited Corp. Reports Strong Third Quarter and Year-to-Date 2015 Results
TORONTO, ONTARIO–(Marketwired – Nov. 5, 2015) – This press 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 Unlimited Corp. (TSX:DRM)(TSX:DRM.PR.A) (“Dream”, “the Company” or “we”) today announced its financial results for the three and nine… [Read More]
Artis Releases Third Quarter Results: Reports Strong FFO Per Unit Growth of 11.4% Payout Ratio Improves to 71.1%
WINNIPEG, Nov. 5, 2015 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or “the REIT”) issued its financial results and achievements for the three and nine months ended September 30, 2015. All amounts are in thousands of Canadian dollars, unless otherwise noted. “Our third quarter results, supported by our diversified portfolio and strong management… [Read More]
Terra Firma Capital Corporation Reports Results for the Third Quarter Ended September 30, 2015
104% Increase in Net Income and Comprehensive Income Year Over Year 51% Revenue Growth Year Over Year TORONTO, ONTARIO–(Marketwired – Nov. 5, 2015) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES All amounts are stated in Canadian dollars. Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the… [Read More]
CAPREIT choisie parmi les Employeurs de choix au Canada pour une troisième année consécutive
TORONTO, ONTARIO–(Marketwired – 5 nov. 2015) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) a annoncé aujourd’hui qu’elle avait été sélectionnée au sein du Niveau Platine parmi les Employeurs de choix au Canada Aon. Aon a récemment effectué une transition vers un programme d’Employeurs de choix Aon mondial, doté de deux niveaux de… [Read More]
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