TORONTO, Aug. 26, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) and KingSett Real Estate Growth LP No.5 (“KingSett”) announced today the completion of the previously-announced $99 million or $172,000 per room acquisition of the Courtyard by Marriott Hotel in downtown Toronto, Ontario. InnVest acquired a one-third interest in the hotel for $33.0 million,… [Read More]

TORONTO, Aug. 17, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that a distribution of $0.0333 per unit, payable on September 15, 2015, has been declared to the holders of record as at the close of business August 31, 2015.  InnVest offers a distribution reinvestment plan (“DRIP”). The DRIP provides eligible unitholders… [Read More]

Same-Hotel Results Strengthen, Renewed Focus on Growth TORONTO, Aug. 10, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest” or the “REIT”); (TSX:INN.UN) today announced financial results for the three and six months ended June 30, 2015.   SECOND QUARTER 2015 HIGHLIGHTS: Same-hotel RevPAR up 4.0% through a combination of rate and occupancy gains; Same-hotel GOP… [Read More]

TORONTO, July 27, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that it has completed the refinancing of the Fairmont Palliser Calgary, Alberta for a new 10-year $82.5 million mortgage at a fixed interest rate of 4.0% with a U.S. financial institution.  This financing replaces the existing mortgage on the hotel that… [Read More]

TORONTO, July 27, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced that effective today, Mr. Fereed Mangalji has resigned from InnVest’s Board of Trustees.  Mr. Mangalji, has been a member of the InnVest Board of Trustees since 2006. “On behalf of the Board of Trustees, the REIT’s management team and all Unitholders, I… [Read More]

TORONTO, July 22, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that the underwriters have exercised in full the over-allotment option (the “Over-Allotment Option”) granted to the underwriters in connection with InnVest’s public offering of 8,400,000 units completed on July 15, 2015 (the “Offering”) and purchased on this date an additional… [Read More]

TORONTO, July 20, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) will release its second quarter results on Monday August 10, 2015 to be followed by a conference call and live audio webcast at 10:00 am Eastern Time.  Investors are invited to access the call by dialing 416-764-8688 or 1-888-390-0546.  You will be… [Read More]

TORONTO, July 16, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that a distribution of $0.0333 per unit, payable on August 17, 2015, has been declared to the holders of record as at the close of business July 31, 2015.  InnVest offers a distribution reinvestment plan (“DRIP”). The DRIP provides eligible unitholders… [Read More]

TORONTO, July 15, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that it has closed its previously announced public offering of 8,400,000 units, on a bought deal basis, at a price of $5.00 per unit for aggregate gross proceeds of $42,000,000 (the “Offering”). The Offering was conducted through a syndicate of underwriters… [Read More]

TORONTO, ONTARIO–(Marketwired – July 6, 2015) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that it has entered into definitive agreements to acquire interests in two hotel properties, representing an aggregate 799 rooms, for $70 million (collectively, the “Acquisitions”). The… [Read More]

TORONTO, July 2, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that it has filed and obtained receipts for a final base shelf prospectus.  The final base shelf prospectus was filed with securities regulatory authorities in each of the provinces and territories of Canada for the purposes of the sale of securities…. [Read More]

TORONTO, June 19, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest”) (TSX:INN.UN) announced today that a distribution of $0.0333 per unit, payable on July 15, 2015, has been declared to the holders of record as at the close of business June 30, 2015.  InnVest offers a distribution reinvestment plan (“DRIP”). The DRIP provides eligible… [Read More]