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Melcor REIT suspends distribution, begins strategic review

RENX Staff Commercial REITs Alberta 1 day ago

Melcor REIT (MR.UN-T) has announced the commencement of a strategic review process and the suspension of its monthly distributions.

Slate unveils new details for 805-acre Hamilton Steelport

Steve McLean Commercial Slate Ontario 1 day ago

Slate Asset Management has submitted an application for a draft plan of subdivision for its 805.8-acre Steelport industrial park, which is expected to deliver up to 12 million square feet of leasable space along the Hamilton waterfront.

Skyline buys 100% interest in 2 new Montreal industrial builds

Don Wilcox Commercial Transactions Greater Montreal 2 days ago

A partnership between Skyline Industrial REIT and Montreal-based developer Rosefellow continues to produce results for the Guelph-based trust, which has acquired sole ownership of two more joint industrial development sites in the Montreal area.    

Editor's Pick

Dream Impact Trust taking steps to improve liquidity

Dream Impact Trust’s (MPCT-UN-T) developments continue to make good progress, but the trust is suspending its monthly distribution to retain an additional $11 million annually amid concerns about liquidity, its portfolio manager said.

Steve McLean Residential Investment National Feb. 14 2024

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