HALIFAX, Aug. 9, 2019 /CNW/ – Clarke Inc. (TSX: CKI) (“Clarke”) and Holloway Lodging Corporation (TSX: HLC, HLC.DB) (“Holloway”) are pleased to announce that they have entered into an arrangement agreement (the “Arrangement Agreement”) pursuant to which Clarke has agreed to acquire all of the common shares of Holloway (the “Holloway Shares”) that it does… [Read More]
Bridgemarq Real Estate Services Reports Second Quarter Results and Monthly Dividend
TORONTO, Aug. 9, 2019 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq”) (TSX: BRE) announced today its second quarter financial results and the approval of a monthly dividend to holders of the Company’s restricted voting shares. HIGHLIGHTS The Company’s network of REALTORS® (the “Network”) increased to 19,046, up from 18,780 as at June 30, 2018. Net… [Read More]
R&R REIT Announces US$52.0 Million Portfolio Acquisition
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, Aug. 8, 2019 /CNW/ – R&R Real Estate Investment Trust (the “REIT”) (TSXV: RRR.UN) today announced that it has, through certain of its subsidiaries, entered into an agreement to purchase eight properties (the “Acquisition Properties”) for an aggregate purchase… [Read More]
NorthWest Healthcare Properties Real Estate Investment Trust Releases Strong Second Quarter 2019 Results
TORONTO, Aug. 8, 2019 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT”) (TSX: NWH.UN), Canada’s leading global diversified healthcare real estate investment trust, today announced its results for the three months ended June 30, 2019. Commenting on the activity, Paul Dalla Lana, CEO of the REIT, said: “Q2 was another active quarter… [Read More]
Pure Multi-Family REIT LP Announces Release of Second Quarter Financial Results
VANCOUVER, Aug. 8, 2019 /CNW/ – Pure Multi-Family REIT LP (“Pure Multi-Family”) (TSX: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) is pleased to announce the release of its financial results for the three and six months ended June 30, 2019. The results, consisting of Pure Multi-Family’s condensed consolidated interim financial statements for the three and six months… [Read More]
Chartwell Announces Second Quarter 2019 Results
MISSISSAUGA, ON, Aug. 8, 2019 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the second quarter ended June 30, 2019. Highlights Same property adjusted net operating income (“NOI”) (1) declined 0.9% in Q2 2019, primarily due to timing of expenses as well as occupancy pressures in certain markets. For 2019 YTD,… [Read More]
Northview Apartment REIT Announces Q2 2019 Financial Results, Ontario Same Door NOI Growth of 11.8% and Strong Revenue Growth Across the Portfolio
CALGARY, Alberta, Aug. 08, 2019 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (NVU.UN â TSX), today announced financial results for the three months and six months ended June 30, 2019. HIGHLIGHTS Same door NOI increase of 2.9%, including a 3.3% increase for the multi-family business segment in the second quarter of 2019… [Read More]
Morguard North American Residential REIT announces $100 million offering of trust units
TSX SYMBOL: MRG.UN /NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Aug. 8, 2019 /CNW/ – Morguard North American Residential Real Estate Investment Trust (“Morguard NAR REIT” or the “REIT”) (TSX: MRG.UN), announced today that it has entered into an agreement with a syndicate of underwriters, co-led by RBC Capital… [Read More]
SmartCentres Real Estate Investment Trust Releases Second Quarter Results for 2019
Distribution Increase Continued steady growth of ACFO and FFO and poised for substantial FFO growth in 2020 Outstanding acceptance by purchasers of Transit City Condo Towers 4 and 5 Both SmartCentres Place Office Towers 100% leased TORONTO, Aug. 08, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) is… [Read More]
American Hotel Income Properties REIT LP Reports Second Quarter 2019 Results
Total Portfolio Average Daily Rate (“ADR”) grew 0.7% from comparable quarter Excluding hotels under renovation, Premium Branded hotels achieved 1.0% growth in RevPAR, 3.0% growth in revenue and 2.7% growth in Net Operating Income Q2 2019 FFO of $0.23 per diluted unit; Q2 2019 AFFO of $0.21 per diluted unit AHIP announced sale of its… [Read More]
Plaza Retail REIT Announces its Second Quarter 2019 Results
FREDERICTON, Aug. 8, 2019 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced its financial results for the three and six months ended June 30, 2019. Michael Zakuta, President and CEO said, “We made significant progress with our development and redevelopment projects, including the conversion of two former Sears stores into up-to-date… [Read More]
Cominar announces 2019 second quarter results, continued improvement in organic growth and new strategic initiatives
QUÃBEC CITY, Aug. 8, 2019 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) is pleased to announce its results for the second quarter ended June 30, 2019. 2019 SECOND QUARTER â HIGHLIGHTS 2.2% growth in same property net operating income Increase in our SPNOI guidance to 1.5% – 2.5% from… [Read More]
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