Loblaw to spin real estate into REIT, stock soars

TORONTO (Reuters) - Loblaw Companies Ltd , Canada's largest grocer, said on Thursday it plans to create a real estate investment trust to hold most of its property assets, sending its stock and that of its parent, George Weston Ltd , surging higher. The company said it plans to spin off real estate worth more than C$7 billion ($7.05 billion) into the REIT and will sell units of the trust through ...

Loblaws will spin off real estate into $7B trust - CBC.ca

CBC.caLoblaws will spin off real estate into $7B trustCBC.caLoblaw Companies Ltd. plans to create one of the largest real estate investment trusts in Canada to unlock value for shareholders. The grocery chain operator says it plans to contribute a significant portion of its real estate assets with a current ...Loblaw to create Real Estate Investment TrustGlobal TorontoLoblaw to Create One of the Largest Real Estate Investment Trusts in CanadaPR Newswire (press release)Loblaw plans to create one of Canada's largest real-estate investment trusts680 NewsReuters -Financial Advisor Magazine -San Francisco Chronicleall 47 news articles »

Loblaw to Create Real Estate Investment Trust

Loblaw Cos. Ltd. has revealed that it will create a real estate investment trust (REIT) – one of the largest in Canada -- to acquire a considerable portion of the Brampton, Ontario-based grocer's real estate assets and sell units of the trust through an initial public offering (IPO).

NorthWest Healthcare Properties Real Estate Investment Trust Announces ... - MENAFN.COM

NorthWest Healthcare Properties Real Estate Investment Trust Announces ...MENAFN.COMTORONTO, Dec. 6, 2012, 2012 (Menafn - Canada NewsWire via COMTEX) --NorthWest Healthcare Properties Real Estate Investment Trust (the "REIT") announced today that the Trustees of the REIT have declared a distribution of 0.06667 per unit for the ...UBS note lifts REITS, bankers see cliff resolutionMarketWatchAviva, UBS Moving Toward 'Responsible Property Investment'Environmental Leaderall 10 news articles »

NorthWest Healthcare Properties Real Estate Investment Trust Announces November Distribution

Loblaws will spin off real estate into $7B trust

Loblaw Companies Ltd. plans to create one of the largest real estate investment trusts in Canada to unlock value for shareholders.

Loblaw to Create One of the Largest Real Estate Investment Trusts in Canada

BRAMPTON, ON, Dec. 6, 2012 /CNW/ - Loblaw Companies Limited (TSX: L) ("Loblaw" or the "Company") today announced its intention to create a Real Estate Investment Trust ("REIT") ...

Liberty Property Trust Prices $300 Million Of 3.375% Senior Notes Due 2023 - PR Newswire (press release)

Liberty Property Trust Prices $300 Million Of 3.375% Senior Notes Due 2023PR Newswire (press release)Liberty Property Trust is a leader in commercial real estate, serving customers in the United States and United Kingdom, through the development, acquisition, ownership and management of superior office and industrial properties. Liberty's 78 million ...and more »

Investors Real Estate Trust Declares Regular Quarterly Common Share Distribution, and Declares Series A and Series B ...

MINOT, N.D. -- Investors Real Estate Trust announced today that its Board of Trustees has declared a regular quarterly distribution of $0.1300 per share/unit payable on January 15, 2013 to common shareholders ...

Investors Real Estate Trust to Transfer Listing to the New York Stock Exchange - GlobeNewswire (press release)

Investors Real Estate Trust to Transfer Listing to the New York Stock ExchangeGlobeNewswire (press release)5, 2012 (GLOBE NEWSWIRE) -- Investors Real Estate Trust (Nasdaq:IRET) (Nasdaq:IRETP) (NYSE:IRET PRB) announced today that it plans to transfer the listing of its common shares of beneficial interest, no par value per share (the "Common Shares") and ...INVESTORS REAL ESTATE TRUST : Declares Regular Quarterly Common ...4-tradersall 13 news articles »

Investors Real Estate Trust to Transfer Listing to the New York Stock Exchange

MINOT, N.D. -- Investors Real Estate Trust (NYSE:IRET PRB) announced today that it plans to transfer the listing of its common shares of beneficial interest, no par value per share (the "Common Shares") ...

Jones Lang LaSalle Income Property Trust Announces Acquisition of Remaining Interest in 111 Sutter Street

Jones Lang LaSalle Income Property Trust, Inc. – a non-listed, daily valuation, perpetual life real estate investment trust – today announced the acquisition of the remaining interest in the entity owning 111 Sutter Street.

KingSett-led group seeks to buy Canada's Primaris real estate trust for $4.4B - Washington Post

CTV NewsKingSett-led group seeks to buy Canada's Primaris real estate trust for $4.4BWashington PostTORONTO — An investment group led by KingSett Capital and several Canadian pension funds is proposing a $4.4 billion takeover of Primaris Retail Real Estate Investment Trust, one of Canada's largest shopping mall operators. In a related transaction, ...KingSett seeks to buy Primaris real-estate trust for $4.4BCTV NewsKingSett consortium offers to buy Primaris REIT for $4.4B, sell chunk to RioCanCanadianBusiness.comKingSett Capital leads hostile $4.4B bid for PrimarisThe Deal Pipelineall 164 news articles »

THE LINK REAL ESTATE INVESTMENT TRUST : ?Distribution Reinvestment ... - 4-traders

THE LINK REAL ESTATE INVESTMENT TRUST : ?Distribution Reinvestment ...4-tradersIf you have sold or transferred all your units of The Link Real Estate Investment Trust, you should at once hand this circular, together with the relevant Election Form or Entitlement Advice (if applicable), to the purchaser or transferee, or to the ...and more »

First Industrial Realty Trust Announces Preferred Stock Dividends - PR Newswire (press release)

First Industrial Realty Trust Announces Preferred Stock DividendsPR Newswire (press release)4, 2012 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading owner and operator of industrial real estate and provider of supply chain solutions, announced that its board of directors declared a dividend of $0.45313 per depositary ...and more »

Inland American Real Estate Trust, Inc. to Host Third Quarter 2012 Earnings Call and Webcast

Inland American Real Estate Trust, Inc. will host an earnings call and webcast to discuss its third quarter and year-to-date 2012 results on Wednesday, December 19, 2012 at 2:00 p.m.

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST : December 4 ... - 4-traders

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST : December 4 ...4-tradersALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST ANNOUNCES CLOSING OF PUBLIC EQUITY OFFERING Toronto, December 4, 2012 -- Allied Properties REIT (TSX:AP.UN) announced today that it has closed its previously announced offering of ...

Boardwalk Real Estate Investment Trust Dividend Yield Pushes Past 3% - Forbes

Boardwalk Real Estate Investment Trust Dividend Yield Pushes Past 3%Forbes+ Comment now. In trading on Monday, shares of Boardwalk Real Estate Investment Trust (Toronto: BEI-UN) were yielding above the 3% mark based on its monthly dividend (annualized to $1.92), with the stock changing hands as low as $63.62 on the day.Wheeler Real Estate Investment Trust, Inc. Announces Initial Cash Dividend of ...iStockAnalystall 13 news articles »

Washington Trust Provides $2.3 Million Commercial Real Estate Financing

Washington Trust, one of the region's top banks, recently provided $2,345,000 commercial real estate financing to Kleban Newington, LLC for the purchase of a 10,478 square foot ret

Investors Real Estate Trust (IRET) Passes Through 6% Yield Mark - Forbes

Investors Real Estate Trust (IRET) Passes Through 6% Yield MarkForbesLooking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of Investors Real Estate Trust (NASD: IRET) were yielding above the 6% mark based on its quarterly dividend (annualized to $0.52), with the stock changing ...and more »

Austin Davis CRE Program

Thursday, December 6, 2012