Yahoo! Canada Finance: REIT Industry News

First Industrial to Present at the New York Society of Security Analysts REIT Conference

Mon, 26 Feb 2007 19:17:23 GMT

PRNewswire - First Industrial Realty Trust, Inc. (NYSE: FR), the nation's largest provider of diversified industrial real estate, today announced that Michael W.

Dundee REIT 2006 Year End Conference Call Cancelled

Thu, 22 Feb 2007 22:13:37 GMT

Marketwire - DUNDEE REIT (TSX:D.UN) has announced that due to restrictions pertaining to the current equity offering, the conference call to discuss Dundee REIT's year end results, previously scheduled for Friday, February 23, 2007, at 9:00 a.m., has been cancelled.

Dundee REIT Posts 64% Increase in Q4 Funds from Operations

Thu, 22 Feb 2007 20:36:17 GMT

Marketwire - 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.

Ventas Moves to Compel Enforcement of HCP Standstill Agreement With Sunrise REIT

Thu, 22 Feb 2007 12:26:28 GMT

PRNewswire - Ventas, Inc. (NYSE: VTR) ("Ventas" or the "Company") today announced that it has filed an application in the Ontario Superior Court of Justice demanding that Sunrise Senior Living Real Estate Investment Trust (TSX: SZR.UN) ("Sunrise REIT") comply with its covenants in its Purchase Agreement with Ventas and immediately take all appropriate steps to enforce Sunrise REIT's rights under its confidentiality and standstill agreement with Health Care Property Investors, Inc. ("HCP").

Retrocom Mid-Market REIT announces waiving of conditions and modification of previously announced agreement for sale of properties

Wed, 21 Feb 2007 22:48:29 GMT

CNW Group - (TSX - RMM.UN) - Retrocom Mid-Market Real Estate Investment Trust (the "REIT") announced today that the Sunstone Realty Group has waived conditions on six properties it has agreed to purchase in a modified transaction, of which three properties are expected to close on or about February 28, 2007, with the three remaining properties under the modified agreement to close on or about March 15, 2007.

Crombie Reit announces retirement of Vice President of Leasing

Wed, 21 Feb 2007 14:29:14 GMT

CNW Group - Crombie Real Estate Investment Trust (TSX: CRR.UN) today announced the retirement of Allan K. MacDonald,...

CAP REIT Announces Strong Fourth Quarter and Year-End 2006 Results

Tue, 20 Feb 2007 22:26:57 GMT

Marketwire - Canadian Apartment Properties Real Estate Investment Trust ("CAP REIT") (TSX:CAR.UN) announced today results for the three months and year ended December 31, 2006.

Lanesborough REIT announces February 2007 distribution

Tue, 20 Feb 2007 18:55:26 GMT

CNW Group - Lanesborough Real Estate Investment Trust ("LREIT") (TSX: LRT.UN) announced today a distribution of $0.04667 per unit ($0.56 per unit on an annualized basis) for the month of February 2007.

Huntingdon REIT announces February 2007 distribution

Tue, 20 Feb 2007 18:54:51 GMT

CNW Group - Huntingdon Real Estate Investment Trust ("HREIT") (TSX: HNT.UN) announced today a distribution of $0.02333 per unit ($0.28 per unit on an annualized basis) for the month of February 2007.

Temple REIT announces February 2007 distribution

Tue, 20 Feb 2007 18:53:33 GMT

CNW Group - Temple Real Estate Investment Trust ("TREIT") (TSX Venture: TR.UN) announced today a distribution of $0.05 per unit ($0.60 per unit on an annualized basis) for the month of February 2007.

InterRent REIT Announces February Distribution and Application to the TSX

Tue, 20 Feb 2007 18:16:49 GMT

CNW Group - InterRent Real Estate Investment Trust (TSX-V:IIP.UN) ("InterRent") announced today that its distribution declared for the month of February 2007 is $0.0317, representing $0.38 per Unit on an annualized basis.

Artis Real Estate Investment Trust announces exercise of over-allotment option

Tue, 20 Feb 2007 16:19:35 GMT

CNW Group - Artis Real Estate Investment Trust (TSX: AX.UN) ("Artis REIT", formerly Westfield Real Estate Investment Trust) announced today that the syndicate of underwriters co-led by CIBC World Markets Inc. and Canaccord Adams and including BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., Bieber Securities Inc., Desjardins Securities Inc., Trilon Securities Corporation and Westwind Partners Inc. (collectively, the "Underwriters") has exercised the over-allotment option granted in connection with the recent public offering completed by Artis REIT and will purchase from Artis REIT an additional 757,500 trust units ("Units") at the offering price of $15.85 for aggregate gross proceeds to Artis REIT of $12,006,375.

Alexis Nihon REIT Announces Termination of Combination Agreement With Cominar REIT and Execution of a Support Agreement for Homburg Invest's $18.6

Tue, 20 Feb 2007 14:34:32 GMT

Marketwire - Alexis Nihon Real Estate Investment Trust ("Alexis Nihon") (TSX:AN.UN) announced today that Cominar Real Estate Investment Trust ("Cominar") has waived its five-day right to match the all-cash offer from Homburg Invest Inc. ("Homburg") to acquire all the issued and outstanding units of Alexis Nihon that it does not already own at a price of $18.60 per unit (the "Homburg Offer").

Artis Real Estate Investment Trust announces monthly cash distribution

Mon, 19 Feb 2007 22:51:15 GMT

CNW Group - Artis Real Estate Investment Trust (TSX: AX.UN) ("Artis REIT", formerly Westfield Real Estate Investment Trust) announced that its trustees have declared its regular monthly cash distribution of $0.0875 per trust unit ("Unit") of Artis REIT for the month of February, 2007.

Sunrise asks court permission to negotiate $18-per-unit bid

Mon, 19 Feb 2007 22:08:00 GMT

The Canadian Press - TORONTO (CP) - Takeover target Sunrise Senior Living REIT (TSX:SZR.UN) is going to court to determine whether it can negotiate a higher offer for its shareholders, in a move that could allow shareholders to cash out at $18 per unit.

InStorage REIT Announces February 2007 Distribution

Mon, 19 Feb 2007 21:38:25 GMT

CNW Group - InStorage Real Estate Investment Trust (the "REIT") announced today that its distribution for the month of February 2007 is $0.006041667 per REIT Unit.

Calloway Real Estate Investment Trust declares February 2007 distribution

Mon, 19 Feb 2007 21:19:25 GMT

CNW Group - Calloway REIT (TSX: CWT.UN) (TSX: CWT.DB) today announced that the trustees of the REIT have declared a distribution for the month of February 2007 of $0.12500 per trust unit, representing $1.50 per unit on an annualized basis.

Calloway REIT Announces Fourth Quarter 2006 Results On March 1st, 2007

Mon, 19 Feb 2007 21:09:17 GMT

CNW Group - Calloway REIT (TSX:CWT.UN) announced today that it will issue its financial results for the three months and year ending December 31, 2006 on Thursday March 1, 2007.

Primaris Retail REIT Announces February Distribution

Mon, 19 Feb 2007 19:23:35 GMT

Marketwire - Primaris Retail REIT (TSX:PMZ.UN) announces today its February 2007 monthly distribution in the amount of $0.0983.

CAP REIT Announces February, 2007 Distribution

Mon, 19 Feb 2007 16:00:34 GMT

Marketwire - Canadian Apartment Properties Real Estate Investment Trust ("CAP REIT") (TSX:CAR.UN) announced today its February 2007 monthly distribution in the amount of $0.09 per Unit.

Dundee REIT February 2007 Monthly Distribution

Mon, 19 Feb 2007 15:22:18 GMT

Marketwire - DUNDEE REIT (TSX:D.UN) today announced a cash distribution of $0.183 per REIT Unit, Series A for the month of February.

Crombie Reit announces monthly distribution

Mon, 19 Feb 2007 14:58:39 GMT

CNW Group - Crombie Real Estate Investment Trust (TSX: CRR.UN) today announced a distribution of $0.0667 per unit for the period from February 1, 2007 to and including February 28, 2007.

Sunrise REIT announces that HCP clarifies its proposal to acquire Sunrise REIT; Sunrise REIT files court application

Mon, 19 Feb 2007 12:31:39 GMT

CNW Group - Sunrise Senior Living Real Estate Investment Trust ("Sunrise REIT") (TSX:SZR.UN) announced today that Healthcare Property Investors, Inc. ("HCP") has sent a letter to the Chairman of the Board of Trustees of Sunrise REIT clarifying its proposal to acquire the assets of Sunrise REIT in a transaction that values each Sunrise REIT unit at Cdn$18.

Alexis Nihon REIT Announces February 2007 Distribution

Mon, 19 Feb 2007 11:00:06 GMT

Marketwire - Alexis Nihon Real Estate Investment Trust (TSX:AN.UN) today announced the monthly cash distribution for the month of February has been set at $0.0917 per unit, or $1.10 per unit on an annualized basis.

Alexis Nihon REIT Announces a Proposal by Homburg Invest Inc. to Increase Its All Cash Offer to $18.60 Constitutes a Superior Proposal

Fri, 16 Feb 2007 22:26:38 GMT

Marketwire - Alexis Nihon Real Estate Investment Trust ("Alexis Nihon") (TSX:AN.UN) announces it received earlier today from Homburg Invest Inc. ("Homburg") a proposal to increase its previously announced all cash offer to acquire all the issued and outstanding units of Alexis Nihon that it does not already own from $18.50 to $18.60 per unit, subject to execution of a support agreement by Alexis Nihon and Homburg (the "Homburg Offer").

Huntingdon REIT announces $30 million public offering of convertible debentures

Fri, 16 Feb 2007 22:18:50 GMT

CNW Group - Huntingdon Real Estate Investment Trust ("HREIT") (TSX: HNT.UN) announced today that it has entered into an engagement letter with Blackmont Capital Inc. relating to the offering (the "Offering") to the public by way of short form prospectus of 5 Year 7.50% Series C Convertible Redeemable Unsecured Subordinated Debentures (the "Debentures"), in the maximum aggregate principal amount of $30,000,000.

Whiterock REIT Declares February Distribution

Fri, 16 Feb 2007 20:54:34 GMT

CNW Group - Whiterock Real Estate Investment Trust ("Whiterock") announced today that its distribution declared for the month of February 2007 is $0.0935, representing $1.122 per Unit on an annualized basis, an annualized yield of approximately 7.7% based on the February 15, 2007 Unit closing price of $14.56.

Whiterock REIT Announces the Sale of its Interests in Three Quebec City Properties

Fri, 16 Feb 2007 18:02:55 GMT

CNW Group - Whiterock Real Estate Investment Trust ("Whiterock" or the "REIT") today announced that it has agreed to sell to the existing co-owners through the exercise of buy-sell provisions in its co-ownership agreement, which were initiated by Whiterock, its 50% undivided, non-managed interest in three Quebec City properties, being 410 Charest, 750 Charest, and 880-930 Ste-Foy, subject to closing conditions and adjustments, for $51.75 million.

IPC US REIT Declares February 2007 Distribution

Fri, 16 Feb 2007 16:44:20 GMT

CNW Group - IPC US REIT (TSX: US$:IUR.U, C$:IUR.UN) announced today that a distribution of US6.67 cents per unit has been declared, payable on March 15, 2007, to the unitholders of record on February 28, 2007.

Boardwalk REIT Announces Solid Fourth Quarter and Full Year 2006 Financial Results; FFO Per Unit Up 29.4% YOY for the Fourth Quarter; Acquisition of 1

Fri, 16 Feb 2007 14:27:35 GMT

PRNewswire - Boardwalk Real Estate Investment Trust ("Boardwalk REIT" or the "Trust") today announced solid financial results for both the fourth quarter of 2006 and fiscal 2006; FFO Per Unit up 29.4% YOY for the fourth quarter; the acquisition of 1435 residential units in Western Canada; and its February 2007 Distribution.

Sunrise REIT Announces February Distribution

Fri, 16 Feb 2007 12:23:56 GMT

CNW Group - Sunrise Senior Living Real Estate Investment Trust (TSX: SZR.UN) today announced a cash distribution of $0.0729 per unit for the month of February 2007.

Sunrise Senior Living REIT gets $18 per unit offer from Health Care Property

Thu, 15 Feb 2007 22:47:00 GMT

The Canadian Press - TORONTO (CP) - Sunrise Senior Living Real Estate Investment Trust (TSX:SZR.UN) said Thursday it has received a $1.4 billion buyout offer from California-based Health Care Property Investors Inc. in a deal that could create a bidding war for the Canadian seniors housing operator.

Temple REIT Closes Public Offering of Trust Units and Convertible Debentures

Thu, 15 Feb 2007 17:52:04 GMT

CNW Group - Temple Real Estate Investment Trust ("Temple REIT") (TSX-V: TR.UN) announced today that it has closed the maximum amount under its previously announced public offering (the "Offering ") of trust units ("Units") and 5 Year 7.50% Series A Convertible Redeemable Debentures ("Debentures").

Royal Host REIT Announces Distribution of $0.055 to Unitholders

Thu, 15 Feb 2007 17:36:20 GMT

Marketwire - Royal Host Real Estate Investment Trust (TSX:RYL.UN) (TSX:RYL.DB) (TSX:RYL.DB.A) (TSX:RYL.DB.B) (TSX:RYL.DB.C) ("Royal Host") has declared a distribution of $0.055 per unit, payable March 30, 2007 to Unitholders of record as of March 15, 2007.

Chartwell REIT Announces February 2007 Distribution

Thu, 15 Feb 2007 15:58:47 GMT

Marketwire - Chartwell Seniors Housing Real Estate Investment Trust (TSX:CSH.UN) ("Chartwell REIT") announced today a cash distribution of $0.08875 per Trust Unit for the month of February, 2007.

First Asset Equal Weight REIT Income Fund Announces Completion of Rights Offering

Thu, 15 Feb 2007 15:49:32 GMT

Marketwire - First Asset Equal Weight REIT Income Fund (TSX:RIT.UN) announces that it has completed the offering of rights pursuant to the short form prospectus dated January 9, 2007.

Media advisory - Crombie Reit Q4 Fiscal 2006 Conference Call

Thu, 15 Feb 2007 14:33:48 GMT

CNW Group - Crombie Real Estate Investment Trust (TSX: CRR.UN) will hold a conference call on Thursday, March 1, 2007, beginning at 11:00 a.m. (E.T.) during which senior management will discuss the REIT's financial results for the year ended December 31, 2006.

Ventas Issues Statement Regarding Sunrise Senior Living REIT

Thu, 15 Feb 2007 12:43:19 GMT

PRNewswire - Ventas, Inc. (NYSE: VTR) ("Ventas" or the "Company") today issued the following statement in response to the announcement by Health Care Property Investors, Inc. ("HCP"):

Homburg enters bidding for Alexis Nihon REIT

Wed, 14 Feb 2007 21:15:42 GMT

CBC - Halifax real estate company Homburg Invest Inc. jumped into the running to take over Alexis Nihon REIT on Wednesday, offering $18.50 a share in cash for the company.

Lanesborough REIT completes the acquisition of retirement residence in Bowmanville, Ontario

Wed, 14 Feb 2007 20:07:04 GMT

CNW Group - Lanesborough Real Estate Investment Trust ("LREIT") (TSX: LRT.UN) announced today that it has completed the previously announced acquisition of The Clarington Seniors Residence, a 126-suite seniors' retirement residence located in Bowmanville, Ontario.

InterRent REIT Announces Closing of a $50 Million Public Offering of Trust Units

Tue, 13 Feb 2007 14:58:58 GMT

CNW Group - InterRent Real Estate Investment Trust (TSX-V:IIP.UN) ("InterRent") is pleased to announce that it has closed its previously announced offering of $50 million in trust units at a price of $5.50 per unit on a fully-marketed underwritten basis pursuant to a short form prospectus (the "Offering").

HCP REIT Forms Board Committee to Oversee Implementation of Strategic Plan and Review Strategic Alternatives

Tue, 13 Feb 2007 14:12:27 GMT

PrimeNewswire - Hartman Commercial Properties REIT (HCP REIT), which owns and manages 36 commercial properties in Texas, announced that the Board of Trustees has unanimously approved a Special Committee to deal with strategic issues.

H&R REIT buying property for EnCana's new Calgary HQ

Fri, 09 Feb 2007 18:15:48 GMT

CBC - H&R Real Estate Investment Trust is buying the land for energy company EnCana Corp.'s massive future headquarters in downtown Calgary for $70 million and will develop the project.

EnCana sells land for headquarters to H&R REIT

Fri, 09 Feb 2007 16:10:00 GMT

Reuters - TORONTO (Reuters) - EnCana Corp. said on Friday it has sold the land on which its headquarters will be built in Calgary, Alberta, to H&R Real Estate Investment Trust for C$70 million ($59 million).

Royal Host REIT to Announce Year-End Results

Thu, 08 Feb 2007 22:49:20 GMT

Marketwire - Royal Host Real Estate Investment Trust (TSX:RYL.UN) (TSX:RYL.DB) (TSX:RYL.DB.A) (TSX:RYL.DB.B) (TSX:RYL.DB.C) ("Royal Host") will release its year-end results on Thursday, March 8, 2007 to be followed by an investor conference call on Friday, March 9, 2007 at 1:30 PM Eastern Standard Time.

Morguard REIT 2006 Fourth Quarter Results Conference Call

Thu, 08 Feb 2007 16:16:12 GMT

CNW Group - Rai Sahi, President & Chief Executive Officer, and Tim Walker, Vice President and Chief Financial Officer, of Morguard Real Estate Investment Trust invite you to participate in a conference call on Monday, February 26, 2007 at 4:00 p.m. (ET) to discuss the Trust's results for the year ended December 31, 2006 and 2005.

RioCan says rent increases, retailer expansion will drive growth into '08

Wed, 07 Feb 2007 22:34:00 GMT

The Canadian Press - TORONTO (CP) - Rent increases, retailer expansion and development projects will drive growth into 2008 at RioCan Real Estate Investment Trust (TSX:REI.UN), Canada's largest shopping mall owner said Wednesday after posting a 16 per cent increase in quarterly profits.

InterRent REIT Announces $50 Million Offering of Trust Units

Wed, 07 Feb 2007 15:58:44 GMT

CNW Group - InterRent Real Estate Investment Trust (TSX-V: IIP.UN) ("InterRent") is pleased to announce that it has filed a (final) short form prospectus in connection with an underwritten $50,000,500 offering of units (the "Offering") at a price of $5.50 per unit.

Northern Property releases fourth quarter earnings

Tue, 06 Feb 2007 17:27:07 GMT

CNW Group - Northern Property Real Estate Investment Trust will release its fourth quarter earnings on March 14, 2006 to be followed by a conference call on March 15, 2006 at 11:00 a.m.

US Industrial REIT II Purchases Industrial Property in Memphis, TN

Tue, 06 Feb 2007 14:51:53 GMT

PRNewswire - US Industrial REIT II purchased Summit Distribution Center II, a 790,000 square foot industrial-distribution building in Memphis, TN from Principal Global Investors on January 30th.

CAP REIT Expands Presence in Quebec City With Acquisition of Seventeen Building Luxury Apartment Portfolio

Mon, 05 Feb 2007 22:53:30 GMT

Marketwire - Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) ("CAP REIT") announced today that it had acquired seventeen apartment buildings containing in the aggregate 607 suites in three luxury multi-building portfolios in Quebec City. The purchase price was $60.0 million. Occupancy in the total portfolio is currently 98%. Including this acquisition, CAP REIT's portfolio in the Province of Quebec now aggregates 5,373 suites or approximately 19.8% of the total portfolio.

Market Regulation Services Inc.: Halt, BTB Reit

Mon, 05 Feb 2007 18:57:25 GMT

Marketwire - The following issue(s) have been halted on the TSXV today:

Chartwell REIT Strengthens Presence in Southwestern Ontario

Fri, 02 Feb 2007 19:13:18 GMT

Marketwire - Chartwell Seniors Housing Real Estate Investment Trust (TSX:CSH.UN) announced today the acquisition of a portfolio of four seniors housing communities located in southwestern Ontario.

CHIP REIT announces February distribution

Thu, 01 Feb 2007 21:01:42 GMT

CNW Group - Canadian Hotel Income Properties Real Estate Investment Trust ("CHIP REIT") today announced a distribution of $0.0783 per unit for the month of February 2007. Payment will be made on February 28, 2007 to unitholders of record as at February 15, 2007.

Alexis Nihon REIT Mails Documentation For February 22 Meeting

Wed, 31 Jan 2007 22:18:20 GMT

Marketwire - Alexis Nihon Real Estate Investment Trust ("Alexis Nihon") (TSX:AN.UN) announced today its Notice of Meeting and Information Circular for the special meeting of unitholders of Alexis Nihon to be held on February 22, 2007 has been mailed to all holders of record of units of Alexis Nihon as at January 25, 2007, being the record date for determining those unitholders entitled to receive notice of and vote at the meeting.