|
|
|
26.02.26 - 02:12
|
RioCan Real Estate Investment Trust Announces Offering of $200 Million of Series AQ Senior Unsecured Debentures (Business Wire)
|
|
|
Morningstar DBRS Confirms BBB Credit Ratings and Changes Trend to Positive from Stable
7-Year Unsecured Debentures with an Annual Coupon Rate of 4.308%
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATESTORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has agreed to issue $200 million principal amount of Series AQ senior unsecured debentures (the “Debentures”).
The Debentures will be sold at a price of $100 per $100 principal amount, carry a coupon of 4.308% per annum and will mature on March 11, 2033.
The net proceeds of the Debentures being offered will be used by the Trust to repay existing indebtedness at or prior to maturity. The balance of the net proceeds, if any, will be used for general business purposes.
The Debentures are being offered on an agency basis by a syndicate of agents co-led by TD Securities, Desjardins Capital Markets, RBC Capital Markets, BMO Capital Markets, CIBC Cap...
|
|
|
25.02.26 - 23:51
|
Granite REIT Announces the Renewal of Its At-The-Market Equity Program (Business Wire)
|
|
|
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (TSX: GRT.UN) (“Granite” or the “Trust”) announced today the renewal of its $250 million at-the-market equity distribution program (the “ATM Program”).
On February 25, 2026, Granite is filing a prospectus supplement (the “Prospectus Supplement”) to the Trust's base shelf prospectus dated November 27, 2024 to renew its ATM Program in each of the provinces and territories of Canada, that allows it to issue and sell, at its discretion, up to $250.0 million of units to the public, from time to time. Units sold under the ATM Program will be sold at the prevailing market prices at the time of sale when issued, directly through the facilities of the Toronto Stock Exchange (“TSX”) or any other recognized marketplace upon which the units are listed or quoted or where the units are traded in Canada. Distributions of units by Granite under the ATM Program, if any, will be made in accordance with the terms of the equity distribution a...
|
|
|
25.02.26 - 23:03
|
Granite REIT Announces Fourth Quarter and Year End Results for 2025 and the Appointment of Two New Trustees (Business Wire)
|
|
|
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (TSX: GRT.UN) ("Granite" or the "Trust") announced today its consolidated combined results for the three month period and year ended December 31, 2025 and that it has appointed Ms. Amber Choudhry and Mr. Jonathan Kelly to its Board of Trustees.
FOURTH QUARTER 2025 HIGHLIGHTS
Highlights for the three month period and year ended December 31, 2025 are set out below:
Financial:
Granite's net operating income ("NOI") was $133.3 million in the fourth quarter of 2025 compared to $121.2 million in the prior year period, an increase of $12.1 million primarily as a result of contractual rent adjustments and consumer price index based increases, new and renewal leasing activity, and the acquisitions of eight income-producing properties in the United States and the United Kingdom beginning in the second quarter of 2025;
Constant currency same property NOI - cash basis(4) increased by 7.9% for the fourth quarter of 2025. The ...
|
|
|
25.02.26 - 20:54
|
Dream Unlimited Corp. Announces Increase to Quarterly Class A Subordinate Voting Share and Class B Common Share Dividend (Business Wire)
|
|
|
TORONTO--(BUSINESS WIRE)--DREAM UNLIMITED CORP. (TSX:DRM) announced today that its board of directors has approved an increase to the annual dividend from $0.65 to $0.70 ($0.175 quarterly) per Class A Subordinate Voting Share and Class B Common Share. The increase will be effective with the dividend payable on March 31, 2026 to shareholders of record on March 13, 2026.
The dividends are designated as eligible dividends for the purposes of section 89 of the Income Tax Act (Canada).
Dream is a leading real estate developer and has an established and successful asset management business, inclusive of $28 billion of assets under management across three Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We develop land and housing in our master planned communities in Western Canada and hold a growing portfolio of income generating properties across Canada. Dream expects this area of our business to grow as investment properties under construction are complete...
|
|
|
|
|
|
|
24.02.26 - 22:21
|
Dream Unlimited Corp. Reports Strong Fourth Quarter Results (Business Wire)
|
|
|
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. All amounts are in Canadian dollars.TORONTO--(BUSINESS WIRE)--Dream Unlimited Corp. (TSX: DRM) (“Dream”, “the Company” or “we”) today announced its financial results for the three and twelve months ended December 31, 2025 (“fourth quarter”).
“Looking back, 2025 was a very good year for the Company,” said Michael Cooper, Chief Responsible Officer. “Despite modest timing delays, with the Edmonton joint venture announced in the fourth quarter Western Canada had another very strong year of earnings. We started construction on 480 multi-family units and roughly 100,000 sf of retail in two of our Western Canada communities, which will be held for the long-term as part of our income property division. Our asset management business continues to generate steady income, and we solidified another...
|
|
|
|
|
24.02.26 - 13:27
|
Allied Announces Renewal Of Normal Course Issuer Bid (GlobeNewswire EN)
|
|
|
TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced that it has received approval from the Toronto Stock Exchange (“TSX”) for a normal course issuer bid (“NCIB”) which will enable it to purchase up to 18,215,302 of its 183,955,983 issued and outstanding units (“Units”) as at February 18, 2026, representing approximately 10% of its public float of 182,153,029 Units as at that date. The primary purpose of the NCIB is to purchase Units to fulfil Allied's commitments to employees under its restricted unit plan and other employee programs. Allied may also purchase Units for cancellation from time to time, depending on the market price of the Units and other factors....
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|