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BSR Real Estate Investment Trust Files Final Base Shelf Prospectus

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/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES./ LITTLE ROCK, AR and TORONTO, Nov. 8, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX:HOM.U and HOM.UN) announced today that it has filed and obtained a receipt for its final short form base shelf prospectus (the “Shelf… [Read More]

BSR REIT Announces Sale of Nine Noncore Assets for $119.2 Million

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LITTLE ROCK, AR and TORONTO, Nov. 8, 2019 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX:HOM.U and HOM.UN) announced today that it has sold nine noncore assets, comprising 1,423 apartment units, as part of the REIT’s portfolio enhancement and capital recycling strategy. The gross consideration of $119.2 million is in line with… [Read More]

Cominar Announces 2019 Third Quarter Results, Continued Improvement in Organic Growth and Meaningful Results from Strategic Plan

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QUÉBEC CITY, Nov. 8, 2019 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) is pleased to announce its results for the quarter ended September 30, 2019. 2019 THIRD QUARTER – HIGHLIGHTS FFO(1) per unit (excluding restructuring costs) was $0.29 unchanged from Q3 2018 3.8% growth in same property NOI(1)…. [Read More]

Cominar pursues the transformation of its management team

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QUÉBEC CITY, Nov. 8, 2019 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today its new and more efficient organizational structure, aligned with the dynamic needs of its markets. Bernard Poliquin is joining the team as Executive Vice President, Office and Chief Real Estate Operations Officer and will… [Read More]

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]