TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ), (TSXV: FCD.UN) is pleased to report today its financial results for the three and nine months ended September 30, 2020. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 76 commercial properties with a total GLA of 4,244,849 square feet (2,350,850 square… [Read More]
Park Lawn Corporation Releases Q3 2020 Results and Provides COVID-19 Update
TORONTO, Nov. 12, 2020 /CNW/ – Today, Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company“) announced its results for the third quarter (“Q3“) ended September 30, 2020. PLC had another strong quarter achieving double digit revenue, net earnings, Adjusted Net Earnings and Adjusted EBITDA growth which is summarized as follows: Selected Financial Information Three Months… [Read More]
H&R REIT Announces Third Quarter 2020 Results
TORONTO, Nov. 12, 2020 /CNW/ – H&R Real Estate Investment Trust (“H&R” or “the REIT”) (TSX: HR.UN) announces its financial results for the three and nine months ended September 30, 2020. BUSINESS UPDATE COVID-19 The COVID-19 pandemic has dramatically disrupted society and the economy and significantly impacted the commercial property industry. A strong focus on risk… [Read More]
Urbanfund Corp. Announces Closing of the Acquisition of a 20% Interest in a 110 Unit Residential Portfolio Located in Dartmouth, Nova Scotia
TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX Venture: âUFCâ) (âUrbanfundâ or, the âCompanyâ), announced today that the Company, along with Westdale Construction Limited (âWestdaleâ), has completed the previously-announced acquisition of the 110 unit The Manors Luxury Apartment portfolio located in Dartmouth, Nova Scotia. An… [Read More]
RESAAS Announces First-to-Market Online Ordering & Home Delivery of COVID-19 Rapid Tests
VANCOUVER, BC, Nov. 12, 2020 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce it has launched online ordering of COVID-19 Rapid Tests. Instant online ordering available to RESAAS agents located in the United States. Next-day express shipping available. Tests are priced between… [Read More]
StorageVault Reports 2020 Third Quarter Results and Increases Dividend
TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (âStorageVaultâ or the âCorporationâ) (SVI-TSX-V) reported the Corporationâs 2020 third quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: âOur results continue to show the resiliency of our business â we achieved 3% year over year increase in same store revenue and… [Read More]
WPT Industrial REIT Announces Third Quarter 2020 Results
TORONTO, Nov. 11, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the âREITâ) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three and nine months ended September 30, 2020. All dollar amounts are stated in U.S. funds. Highlights for the three months ended September 30, 2020: Collected 99.6% of billed rent… [Read More]
SmartCentres Real Estate Investment Trust Releases Third Quarter Results for 2020
Focused on Growth Transit City Condominium Closings Contribute to 13.1% Increase in FFO (12.3% Growth in FFO per Unit) with Continued Growth of FFO Expected in Q4 Mixed-use Intensification Program Increasing with Construction on Transit City Condominiums, High-rise Residential Rentals at SmartVMC and Laval, Retirement Homes, Self-Storage Projects and Recently Received Approval to Permit an… [Read More]
Tricon Delivers Strong Results in Q3 2020 as Single-Family Rental Demand Soars
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Nov. 11, 2020 /CNW/ – Tricon Residential Inc. (TSX: TCN) (“Tricon” or the “Company”), a rental housing company focused on serving the middle-market demographic in North America, announced today its consolidated financial results for the three and nine months ended… [Read More]
Invesque Inc. Reports Third Quarter 2020 Results, Amendment to Corporate Credit Facility and New Framework for Symphony Relationship
TORONTO, Nov. 11, 2020 /CNW/ – Invesque Inc. (TSX: IVQ.U) (TSX: IVQ) (the “Company” or “Invesque”) today announced its results for the three and nine months ended September 30, 2020. The Company is also pleased to announce the amendment of Invesque’s corporate credit facility and provide an update on the Company’s relationship with Symphony Care Network… [Read More]
PROREIT Announces Third Quarter 2020 Results
Property revenue of $17.3 million, 30.7% increase from Q3 2019 Net operating income1 of $10.4 million, 22.0% increase from Q3 2019 Net loss and comprehensive loss of $0.7 million AFFO1 of $5.9 million, 15.6% increase from Q3 2019 AFFO payout ratio1 of 76.8%, 30.8% improvement from Q3 2019 Successful renewal of 92.5% of leases maturing in… [Read More]
Fronsac Announces Public Offering of Units, Private Placement of Convertible Debentures and Agreement to Acquire 5 Grocery Store Properties in Québec, Nova Scotia and Ontario
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ MONTREAL, Nov. 10, 2020 /CNW Telbec/ – (TSXV: FRO.UN) Fronsac Real Estate Investment Trust (the “REIT” or “Fronsac“) is pleased to announce that it has agreed to acquire five grocery store properties leased to affiliated brands of Loblaws⢠located in Beauport,… [Read More]
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