TORONTO, June 16, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that a distribution of $0.0333 per unit, payable on July 15, 2016, has been declared to the holders of record as at the close of business June 30, 2016. TRUST PROFILEInnVest Real Estate Investment Trust is an unincorporated open-ended real estate investment… [Read More]
InnVest Real Estate Investment Trust Announces Monthly Distribution and Termination of DRIP
TORONTO, May 17, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that a distribution of $0.0333 per unit, payable on June 15, 2016, has been declared to the holders of record as at the close of business May 31, 2016. Effective immediately, InnVest’s unitholder distribution reinvestment plan (the “DRIP”) has been terminated. … [Read More]
InnVest REIT Reports Results for First Quarter 2016
TORONTO, May 12, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest” or the “REIT”); (TSX:INN.UN) announced today its operating and financial results for the three months ended March 31, 2016. The first quarter is historically the REIT’s lowest earnings period and is not indicative of annual results. FIRST QUARTER 2016 HIGHLIGHTS: Completed acquisition of Ottawa… [Read More]
InnVest Real Estate Investment Trust Enters into Definitive Agreement with Bluesky Hotels and Resorts to be Acquired for $7.25 in Cash per Unit
InnVest unitholders to receive $7.25 in cash per unit, representing a 37% premium over the 30-day volume-weighted average price of $5.28. The $2.1 billion transaction has the unanimous support of InnVest’s board of trustees. Binding agreements have been entered into with unitholders accounting for approximately 29.1% of InnVest’s total outstanding units. Bluesky has made a… [Read More]
InnVest Real Estate Investment Trust Announces Adoption of Replacement Unitholder Rights Plan
TORONTO, April 29, 2016 /CNW/ – InnVest Real Estate Investment Trust (TSX: INN.UN) (“InnVest”) today announced that its board of trustees (the “Board”) has adopted a new unitholder rights plan (the “Replacement Rights Plan”). The Replacement Rights Plan will ultimately replace InnVest’s existing unitholder rights plan (the “Existing Rights Plan”), which expires on June 5, 2016,… [Read More]
InnVest Real Estate Investment Trust Announces Date of First Quarter Earnings
TORONTO, April 18, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) will release its first quarter results on Thursday, May 12, 2016 to be followed by a conference call and live audio webcast at 11:00 am Eastern Time. Investors are invited to access the call by dialing 416-764-8688 or 1-888-390-0546. You will be required… [Read More]
InnVest Real Estate Investment Trust Announces Monthly Distribution
TORONTO, April 18, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that a distribution of $0.0333 per unit, payable on May 16, 2016, has been declared to the holders of record as at the close of business April 29, 2016. InnVest offers a distribution reinvestment plan (“DRIP”). The DRIP provides eligible unitholders… [Read More]
InnVest Real Estate Investment Trust Completes $54.4 Million Mortgage Financing
TORONTO, March 31, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that it has completed the financing of its recently acquired Marriott Ottawa Hotel. The financing is a 7-year, $54.4 million mortgage with a fixed interest rate of 3.87% with a U.S. financial institution. The proceeds from the financing were applied to repay… [Read More]
InnVest REIT Reports Strong Growth and Solid Performance in 2015
TORONTO, March 29, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest” or the “REIT”); (TSX:INN.UN) today announced strong growth and solid operating performance for the three months and year ended December 31, 2015. “InnVest REIT had an active and positive 2015. We delivered on our plan to expand and enhance our hotel portfolio, leverage our… [Read More]
InnVest Real Estate Investment Trust announces monthly distribution
TORONTO, March 21, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that a distribution of $0.0333 per unit, payable on April 15, 2016, has been declared to the holders of record as at the close of business March 31, 2016. InnVest offers a distribution reinvestment plan (“DRIP”). The DRIP provides eligible unitholders with… [Read More]
Innvest Real Estate Investment Trust announces date change for fourth quarter earnings
– Fourth quarter earnings rescheduled to Tuesday March 29, 2016 at 11:00 a.m.– TORONTO, March 3, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today it has changed the date of its fourth quarter 2015 earnings and conference call to Tuesday, March 29, 2016 at 11:00 am Eastern Time from Friday March 11, 2016. … [Read More]
InnVest Real Estate Investment Trust announces monthly distribution
TORONTO, Feb. 19, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that a distribution of $0.0333 per unit, payable on March 15, 2016, has been declared to the holders of record as at the close of business February 29, 2016. InnVest offers a distribution reinvestment plan (“DRIP”). The DRIP provides eligible unitholders… [Read More]
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