+ Apr. 11/2012; Vancouver Real Estate Forum info/register
+ Apr. 25 & 26; CI Energy Group Tight Oil Conference, Calgary info
+ May 10/2012; Edmonton Real Estate Forum info/register + June 5/2012; Calgary Leasing Conference info/register + June 19; sustainabuild conference, Calgary TELUS Convention Centreinfo/register
SAVE THE DATE / corporate meetings
+ Apr. 19; CalgaryAirport Authority, Annual Public Meeting, Calgary
+ April 24; Canadian National Railway Corp, AGM of Shareholders, Halifax
+ April 25; Encana Corporation, Annual Meeting of Shareholders, Calgary
+ April 25; Nexen Inc., Annual General Meeting, Calgary
+ May 3; Manulife Financial Corporation, Toronto
+ May 11; Enerplus Corporation, Annual & Special Meeting of Shareholders, Calgary
+ May 17; Canadian Pacific, Annual Meeting of Shareholders, Calgary
+ May 23; First Capital Realty Inc., Annual Shareholders Meeting, Toronto
+ The Macquarie Group is looking to raise $2 billion for a fund to invest in infrastructure in the United States and Canada
+ Stonebridge Financial Corporation closed $150 million infrastructure debt fund in conjunction with PPP Canada Inc. and PBI Actuarial Consultants Ltd.
+ Alberta Electric System Operator predicts $13.5 billion system upgrades will be needed between now and 2022 to supply sufficient power to the grid based on increased oilsands and other industrial demand
GOLF QUOTE / JOKE
“Golf, like the measles, should be caught young, for, if postponed to riper years, the results may be serious.” – P.G. Wodehouse
“Golf is like a love affair. If you don’t take it seriously, it’s no fun; if you do take it seriously, it breaks your heart.” – Arthur Daley
+ Encana Corp. secured $380 million from partners (Exaro Energy III LLC) to JV development of Jonah liquids-rich gas field in Wyoming
+ Instagram, a mobile photo enhancement service, to be acquired by Facebook for $1 billion
+ Marathon Oil Corporation agreed to sell all of its Alaska assets to Hilcorp Alaska LLC for an undisclosed sum
NEWS REVIEW Apr. 4 - 9
+ Cadillac Fairview announced it will commence construction on its first phase, 850,000 sq. ft. office tower in its City Centre project in Eau Claire which will later contain retail, condos and hotel segments; office tower to be completed by March 2016
+ Cairn Energy agreed to acquired Agora Oil & Gas for $450 million
+ Canadian National Railway has begun selling serviced industrial land at its CalgaryLogisticsPark in Conrich
+ Enbridge’s Northern Gateway pipeline facing significant legal challenges despite federal government measures to speed the approval process; primary issue is legal/court challenges by environmental groups and first nations’ claims
+ Fiera Properties Limited & Roycom Inc. to partner in new real estate investment mgmt. firm
+ Flint Energy Services Ltd. got shareholder, security holder and court approval for takeover by URS Canada Holdings Ltd.
+ Kohlberg Kravis Roberts & Co. L.P. agreed to acquire $306 million in Barnett Shale and ArkomaBasin properties from WPX Energy
+ MackenzieValley pipeline partners have put the $16.2 billion project on hold due to slumping natural gas prices
+ Pershing Square Capital Management LP filed proxy circular proposing board and management change at Canadian Pacific Railway Limited
+ Royal LePage Real Estate Services is re-launching its Commercial brand across Canada
+ SilverBirch Energy Corporation closed its takeover/acquisition by Teck Resources Limited
+ SilverWillow Energy Corporation began operations
+ Adira Energy Ltd. is on the market to raise $15 million in new equity
+ Albion Petroleum Ltd. closed $499,905 in new equity
+ H & R REIT closed $175 million senior unsecured debt financing
+ Morguard REIT is on the market to raise $75 million of new equity by IPO
+ Stealth Energy Inc. closed $2 million in new equity
+ Stetson Oil & Gas Ltd. is on the market to raise $3 million in new equity
+ Timbercreek Global Real Estate Fund is on the market to raise $64.5 million in new equity
+ Tourmaline Oil Corp. closed $40,377,600 in flow through equity
QUOTES
“The greater danger for most of use lies not in setting our aim too high and falling short, but in setting our aim too low, and achieving our mark.” – Michelangelo
“The significance of a man is not what he attains, but rather what he longs to attain.” – Kahlil Gibran