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Firm Capital Property Trust Reports Highest NOI Since Inception and +4% Distribution Increase

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TORONTO, Nov. 07, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report today its financial results for the three and nine months ended September 30, 2019 along with its seventh distribution increase in seven years. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 73 commercial properties with a… [Read More]

Chartwell Announces Third Quarter 2019 Results

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MISSISSAUGA, ON, Nov. 7, 2019 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the third quarter ended September 30, 2019. Highlights Same property adjusted net operating income (“NOI”) (1) increased by 1.7% in Q3 2019 and 2019 YTD Funds from operations (“FFO”) (1) per unit of $0.25 and $0.68 in Q3… [Read More]

Northview Apartment REIT Announces Q3 2019 Financial Results, Multi-Family Same Door NOI Growth of 4.4%, Fair Value Gains of $122 Million and Reduced Leverage

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CALGARY, Alberta, Nov. 07, 2019 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (NVU.UN – TSX), today announced financial results for the three and nine months ended September 30, 2019. HIGHLIGHTS Same door NOI increase of 3.4%, including a 4.4% increase for the multi-family business segment, with increases in all regions in the… [Read More]

Crombie REIT Announces Third Quarter 2019 Results

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Third Quarter Summary(In thousands of CAD dollars, except per unit amounts and as otherwise noted) Operating income of $30,049 Property revenue of $97,346 Same-asset property cash NOI growth of 3.3% Debt to gross book value – fair value basis improved to 48.9% Renewals of 627,000 square feet at rents 4.7% above expiring rates Strong committed occupancy… [Read More]

Genesis Reports 2019 Third Quarter Results

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CALGARY, Nov. 6, 2019­ /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months (“Q3”) and nine months (“YTD”) ended September 30, 2019. Genesis is a land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), holding and developing a significant… [Read More]

Partners Announces Results for the Third Quarter of 2019

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BARRIE, Ontario, Nov. 06, 2019 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (the “REIT,” or “Partners”) (TSX: PAR.UN) today announced its results for the three month period ended September 30, 2019 (the “third quarter”). THIRD QUARTER 2019 HIGHLIGHTS Comprehensive income of $0.3 million, an increase to income of $1.3 million when compared to the… [Read More]

True North Commercial REIT Reports Q3 2019 Results

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Successful equity raise of $80.5M and completion of two early lease renewals with the Ontario and British Columbia Provincial Governments /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Nov. 6, 2019 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today announced its financial results for the three… [Read More]

Tricon Reports Strong Growth in FFO per Share and Third-Party AUM in Q3 2019

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES/ TORONTO, Nov. 6, 2019  /CNW/ – Tricon Capital Group Inc. (TSX: TCN) (“Tricon” or the “Company”), a residential real estate company primarily focused on rental housing in North America, announced today its consolidated financial results for the three and nine months… [Read More]

Dream Alternatives Reports Third Quarter Results and Solid Execution on Its Strategic Plan

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This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. TORONTO, Nov. 06, 2019 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) (“Dream Alternatives”, “we” or the “Trust”) today reported its financial results for… [Read More]

Choice Properties Real Estate Investment Trust Reports Results for the Third Quarter of 2019

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TORONTO, Nov. 6, 2019 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) today announced its consolidated financial results for the third quarter ended September 30, 2019. The 2019 Third Quarter Report to Unitholders is available in the Investor Relations section of the Trust’s website at www.choicereit.ca, and has been… [Read More]

Melcor Developments announces third quarter results, declares quarterly dividend of $0.12 per share

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EDMONTON, Alberta, Nov. 06, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third quarter and nine months ended September 30, 2019. Revenue was down 10% to $53.95 million compared to Q3-2018. Year to date revenue was $129.92 million, down 12% compared… [Read More]