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CAPREIT Announces August 2017 Distribution

TORONTO, ONTARIO -- (Marketwired) -- 08/16/17 -- Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX: CAR.UN) announced today its August 2017 monthly distribution in the amount of $0.10667 per Unit (or $1.28 on an annualized basis). The August distribution will be payable on September 15, 2017 to Unitholders of record on August 31, 2017.To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of addi ...

16.08.2017

Terra Firma Capital Corporation Announces Closing of Private Placement With Great Gulf Group

TORONTO, ONTARIO -- (Marketwired) -- 08/15/17 -- Terra Firma Capital Corporation (TSX VENTURE: TII) ("Terra Firma" or the "Company"), is pleased to announce that further to its news release dated August 14, 2017, the Company has closed the non-brokered private placement (the "Offering") pursuant to which GG North America Investments Limited Partnership, a member of the Great Gulf Group of companies ("Great Gulf") subscribed for 5,000,000 units (the "Units") at a purchase price of $0.65 per Unit, for gross proceeds of $3,250,000. Each Unit is ...

15.08.2017

Northview Apartment REIT Announces August 2017 Distribution

CALGARY, ALBERTA -- (Marketwired) -- 08/15/17 -- Northview Apartment Real Estate Investment Trust (TSX: NVU.UN) announced its August 2017 monthly distribution in the amount of $0.1358 per trust unit, payable on September 15, 2017 to holders of trust units of record at August 31, 2017.As at the date hereof, there are 49,952,198 trust units (NVU.UN) issued and outstanding and 5,814,664 Northview Apartment REIT Class B units issued and outstanding.About NorthviewNorthview is one of Canada''s largest publicly traded multi-family REITs with a portfolio of approximately 24,000 quality re ...

15.08.2017

Terra Firma Capital Corporation Reports Results for the Second Quarter Ended June 30, 2017

TORONTO, ONTARIO -- (Marketwired) -- 08/15/17 -- All amounts are stated in Canadian dollars.Terra Firma Capital Corporation (TSX VENTURE: TII) ("Terra Firma" or the "Company"), a real estate finance company, today released its financial results for the three and six months ended June 30, 2017.HIGHLIGHTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2017:"Though our second quarter results were largely in line with our expectations, the results were mainly impacted by the volatility in the US$ which amount to over $0.01 per share. We have been evaluating various hedging s ...

15.08.2017

CAPREIT Reports Continued Growth and Strong Operating Performance in Second Quarter of 2017

TORONTO, ONTARIO -- (Marketwired) -- 08/14/17 -- Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX: CAR.UN) announced today strong operating and financial results for the three and six months ended June 30, 2017.Our twenty-year track record of strong growth and solid operating performance continued in the second quarter of 2017. Accretive property acquisitions, combined with industry-leading organic growth, continue to generate significant benefits for our Unitholders. Looking ahead, supported by our strong and flexible balance sheet and financial position ...

14.08.2017

Terra Firma Capital Corporation Announces Private Placement and Strategic Alliance With Great Gulf Group

TORONTO, ONTARIO -- (Marketwired) -- 08/14/17 -- Terra Firma Capital Corporation (TSX VENTURE: TII) ("Terra Firma" or the "Company"), is pleased to announce that it has entered into a strategic alliance and has accepted a subscription agreement for a non-brokered private placement (the "Offering") to a member of the Great Gulf Group of companies ("Great Gulf") for gross proceeds of $3,250,000 through the sale of 5,000,000 units (the "Units") at a purchase price of $0.65 per Unit. Each Unit will be comprised of one common share in the capital ...

14.08.2017

Enthusiastic Homebuyers Visit Chandler Park During August 5 Grand Opening in Hanford, Calif.

HANFORD, CA -- (Marketwired) -- 08/11/17 -- More than 150 potential homebuyers attended a grand opening celebration last Saturday at , a 28.75 acre residential community offering 113 single-family homes at 12th Avenue by (SJV Homes) and ."We''re thrilled so many people came out, and we''re pleased we can fill this need for new housing in Hanford," said Danny Garcia, vice president of sales for Visalia-based SJV Homes. "Interest in this community is strong. Three homes are already in contract and six homes have been reserved."Chandler Park offers three- ...

11.08.2017

Brookfield Business Partners Commences Limited Partnership Unit Normal Course Issuer Bid

BROOKFIELD, NEWS -- (Marketwired) -- 08/11/17 -- Brookfield Business Partners L.P. ("Brookfield Business Partners") (NYSE: BBU)(TSX: BBU.UN) today announced that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by Brookfield Business Partners of its intention to commence a normal course issuer bid for its limited partnership units (the "units"). Brookfield Business Partners believes that in the event the units trade in a price range that does not fully reflect their value, the acquisition of units may represent an attractive use of available fu ...

11.08.2017

Northview Apartment REIT Reports Q2 2017 Financial Results, Same Door NOI Growth of 3.9%, Improved Leverage and Fair Value Gain of $92 Million

CALGARY, ALBERTA -- (Marketwired) -- 08/09/17 -- Northview Apartment Real Estate Investment Trust ("Northview") (TSX: NVU.UN), today announced financial results for the three and six months ended June 30, 2017.Todd Cook, President and CEO commented, "The continued strong performance in our Ontario and Northern Canada markets and improvements in a number of Western Canada markets have positively impacted the financial performance of Northview in the quarter. We generated same door NOI growth of 3.9% in the second quarter, total occupancy improved by 1.7% with increases in all r ...

09.08.2017

Masters Realty Closes Deals to Bring Hilton and Other Major Hotel Brand to Popular Hospitality and Tourist Area in Orlando

ORLANDO, FL -- (Marketwired) -- 08/08/17 -- Hooman Hamzehloui, founder of , an Orlando boutique real estate firm, announces his two latest deals have closed, leading the way for the development and construction of two new hotels located in the heart of Central Florida''s hospitality and tourism district. Developer and builder, , purchased 10 acres through Masters Realty for $5.5 million and resold 4.46 acres of the land to Miami-based for the same price for the construction of Hilton''s Tru Hotel. Another major hotel brand, which will be revealed within the next year, pla ...

08.08.2017

Great Canadian Gaming and Brookfield Awarded GTA Bundle in Ontario Gaming Modernization Process

COQUITLAM, BRITISH COLUMBIA and TORONTO, ONTARIO -- (Marketwired) -- 08/08/17 -- Great Canadian Gaming Corporation (TSX: GC) ("Great Canadian") and Brookfield Business Partners L.P. (NYSE: BBU)(TSX: BBU.UN) ("Brookfield Business Partners") together with its institutional partners (collectively, "Brookfield"), announce today that they have been selected as the successful proponent by the Ontario Lottery and Gaming Corporation ("OLG") to operate certain gaming facilities in the Greater Toronto Area (the "GTA Bundle").The GTA Bundle is the large ...

08.08.2017

Brookfield Business Partners Reports Second Quarter 2017 Results

BROOKFIELD, NEWS -- (Marketwired) -- 08/08/17 -- Brookfield Business Partners L.P. (NYSE: BBU)(TSX: BBU.UN) ("Brookfield Business Partners") announced today financial results for the quarter ended June 30, 2017."This quarter we continued to execute on our growth strategy with the closing of the BRK Ambiental and Greenergy Fuels Holdings Ltd. ("Greenergy") acquisitions. After quarter end, we closed our acquisition of the Loblaw gas station operations and signed an agreement to acquire Teekay Offshore Partners L.P. ("Teekay Offshore")," said Cyrus Madon, ...

08.08.2017

Digital Map Products signs full floor lease at University Research Park

IRVINE, CA -- (Marketwired) -- 08/07/17 -- Digital Map Products Inc. will move its headquarters to University Research Park next to UC Irvine in late fall, Irvine Company officials announced today.The 22,000-square-foot lease offers the spatial technology provider a unique opportunity to lease a large block of space next to a world-renowned research university in one of the region''s tightest and most tech-focused submarkets.Digital Map Products, the leading provider of cloud-based location technology and data solutions in North America, will occupy an entire floor of one of the bui ...

07.08.2017

Allied Announces Second-Quarter Results

TORONTO, ONTARIO -- (Marketwired) -- 08/02/17 -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: AP.UN) today announced results for its second quarter ended June 30, 2017. "With a favourable operating environment in Montreal, Toronto and Vancouver, we achieved our three most important goals for the first half of 2017," said Michael Emory, President & CEO. "We progressed steadily toward full lease-up at our upgrade properties in Montreal, we re-established leasing momentum at our cloud-hosting facility in Toronto and we delivered expected short-ter ...

02.08.2017

Northview Apartment REIT Announces Sale in Iqaluit, NU, and Acquisition in Moncton, NB

CALGARY, ALBERTA -- (Marketwired) -- 08/02/17 -- Northview Apartment Real Estate Investment Trust ("Northview") (TSX: NVU.UN), today announced a disposition in Iqaluit, NU, and an acquisition in Moncton, NB.Northview completed the disposition of a non-core hotel asset located in Iqaluit, NU, for $14.9 million.Northview also completed the acquisition of 327 units in Moncton, NB, for $31.4 million or $96,000 per unit. The portfolio is comprised of six well located modern buildings constructed since 2012. This acquisition increases Northview''s Moncton, NB, portfolio to 1,17 ...

02.08.2017

RICS Q2 2017 Hong Kong Commercial Property Monitor: Offices continue to outperform by strong demand from Chinese enterprises

HONG KONG, CHINA -- (Marketwired) -- 08/02/17 -- The Q2 2017 Hong Kong Commercial Property Monitor revealed that the Occupier Sentiment Index (OSI) rose to six in Q2 from minus one in the previous quarter, and the Investor Sentiment Index (ISI) went slightly down to eight in Q2 from nine in Q1.In the occupier market, the results show that the growth in demand for office space remains robust, while retail demand growth remains subdued. Office rents are expected to post a modest increase over the next quarter. Expectations remained nuanced between segments as a net balance of 63% of respondent ...

02.08.2017

Global Office Forecast: Is the World Overbuilding?

HONG KONG, CHINA -- (Marketwired) -- 08/02/17 --The report details economic drivers, supply and demand forecasts and prospects for rent growth in more than 100 cities around the world. Although demand, as well as job growth, will remain healthy through 2019, totaling approximately 520 MSF, it will fall far short of supply, which will cause vacancy to rise in most cities around the world. From that perspective, the world is overbuilding.Or, not. It also has been abundantly clear throughout this global expansion that most occupiers generally favor new, high-quality office space over older, Class ...

02.08.2017

Star Properties Group Named Title Sponsor for Non-Profit Concert in Hong Kong

HONG KONG, CHINA -- (Marketwired) -- 07/31/17 -- Star Properties Group (HKSE: 1560), a commercial and residential property developer, is proud to announce that it will be the title sponsor for DStage''s The Rainbow Concert, which will be held at MacPherson Stadium in Mong Kok Sept. 15, 2017.The Rainbow Concert is a non-profit show that will feature Hong Kong singers Supper Moment, Phil Lam and JW.DStage is a creativity campaign that was launched by Metropolitan Production Limited to give dreamers a platform to connect with the public and be recognized for their talents and achieveme ...

31.07.2017

Allied to Acquire Undivided 50% Interest in Westbank''s Latest Vancouver Office Project

TORONTO, ONTARIO -- (Marketwired) -- 07/27/17 -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: AP.UN) announced today that it has entered into a transaction with Westbank to acquire an undivided 50% interest in Westbank''s office project at 400 West Georgia in Vancouver (the "Property"). "In addition to deepening our relationship with Westbank and ultimately expanding our Vancouver GLA by 60%, this transaction will enable us to generate an accretive return on our investment from the outset," said Michael Emory, President and CEO. &quo ...

27.07.2017

Brookfield Business Partners to Acquire 60% of Teekay Offshore Partners L.P.

BROOKFIELD, NEWS -- (Marketwired) -- 07/26/17 -- Brookfield Business Partners L.P. (NYSE: BBU)(TSX: BBU.UN) ("Brookfield Business Partners") together with its institutional partners (collectively "Brookfield"), announced today that it has entered into an agreement to acquire 60% of Teekay Offshore Partners L.P. (NYSE: TOO) ("Teekay Offshore"), a leading global provider of marine services and solutions focused on production and logistics to the offshore oil industry. Teekay Offshore is a publicly traded subsidiary of Teekay Corporation (NYSE: TK), one of the worl ...

26.07.2017


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