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Crombie REIT Announces May 2021 Monthly Distribution

Crombie REIT Announces May 2021 Monthly Distribution
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NEW GLASGOW, NS, May 14, 2021 /CNW/ - Crombie Real Estate Investment Trust ( Crombie ) (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from May 1, 2021, to and including May 31, 2021.
The distribution will be payable on June 15, 2021, to unitholders of record as at May 31, 2021.
About Crombie REIT
Crombie Real Estate Investment Trust ( Crombie ) invests in quality real estate that enhances local communities and is adaptable to long-term growth. As one of the country s leading national retail property landlords, Crombie s portfolio includes grocery-anchored retail, shopping centres, retail-related industrial, and mixed-use developments in Canada s top urban and suburban markets. Crombie is an unincorporated, open-ended real estate investment trust established under, and governed by, the laws of the Province of Onta ....

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Baystreet.ca - Alphamin, CIBC, Chartwell at 52-Week Highs on News

Alphamin, CIBC, Chartwell at 52-Week Highs on News
Alphamin Resources Corp. (V.AFM) hit a new 52-week high of 68 cents on Friday. Alphamin announced Record Q1 EBITDA of $36,5m , at a tin price of $23,083/t (Current: ~$29,000/t.
Canadian Imperial Bank of Commerce (T.CM) hit a new 52-week high of $130.79 on Friday. CIBC has outperformed much of the Canadian banking sector due to the resilience of its underlying business. A cost-to-income ratio of 54.9% in Q1 2021 reflects improvement in its operational efficiency.The economic recovery and a strong capital markets outlook should drive further growth in near-term earnings.
Chartwell Retirement Residences (T.CSH.UN) hit a new 52-week high of $12.97 on Friday. Chartwell announces that Institutional Shareholder Services Inc. (“ISS”), an independent proxy advisory firm that provides voting recommendations to shareholders, has issued a positive review of the Company s key resolutions relating to their upcomi ....

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Wednesday's analyst upgrades and downgrades - The Globe and Mail

Wednesday's analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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Loblaw to spin off property portfolio in real estate trust

Units of the REIT would then be sold in an initial public offering expected to be completed in mid-2013, subject to regulatory approvals.
However, it is our intention to retain a significant majority interest in the REIT - over 80 per cent, Loblaw chief financial officer Sarah Davis told a conference call with analysts.
While we expect to generate funds from the IPO, it is anticipated that the long-term source of capital and the structural advantage of the REIT are the real benefits, Davis added.
Details on pricing and the number of units to be offered in the IPO were not disclosed. Those details typically are determined after a preliminary prospectus is issued and underwriters gauge investor interest. ....

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Crombie REIT Fiscal 2020 Annual General and Special Meeting and Q1 Fiscal 2021 Conference Call

Crombie REIT Fiscal 2020 Annual General and Special Meeting and Q1 Fiscal 2021 Conference Call
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NEW GLASGOW, NS, April 9, 2021 /CNW/ - Crombie Real Estate Investment Trust ( Crombie ) (TSX: CRR.UN) will hold its virtual Annual General and Special Meeting of Unitholders on Thursday, May 6, 2021. The virtual meeting is scheduled to begin at 10:00 a.m. (EDT).
Non-objecting non-registered (or beneficial) holders and proxy appointees have the opportunity to attend the Meeting, ask questions and vote, all in real time, provided they are connected to the internet and comply with all of the requirements set out in the Circular. Objecting non-registered (or beneficial) shareholders who have not duly appointed themselves as proxyholder will be able to attend the Meeting as guests, but guests will not be able to vote or ask questions at the Meeting. The Circular can be accessed on Crombie s website at www.crombier ....

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