NEW GLASGOW, NS, Dec. 12, 2019 /CNW/ – Special Distribution Crombie REIT announced today that its Board of Trustees has declared a special distribution of $0.56 per unit. The distribution will be payable in units ($0.46 per unit) and cash ($0.10 per unit) to all Unitholders of record as at December 31, 2019. The distribution… [Read More]

NEW GLASGOW, NS, Nov. 19, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from November 1, 2019, to and including November 30, 2019. The distribution will be payable on December 13, 2019, to unitholders of record as at November 30, 2019…. [Read More]

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]

NEW GLASGOW, NS, Oct. 22, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from October 1, 2019, to and including October 31, 2019. The distribution will be payable on November 15, 2019, to unitholders of record as at October 31, 2019…. [Read More]

NEW GLASGOW, NS, Oct. 8, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) announced that on October 7th, 2019 it has completed the previously announced sale of an 89% non-managing interest in a 15-property portfolio (the “Partial Disposition” or “Transaction”) to an affiliate of Oak Street Real Estate Capital, LLC (“Oak Street”). This… [Read More]

NEW GLASGOW, NS, Oct. 2, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) will hold a conference call on Thursday, November 7, 2019, beginning at 09:00 a.m. (EST) during which senior management will discuss Crombie’s financial results for the third quarter ended September 30, 2019. The financial results will be released on… [Read More]

NEW GLASGOW, NS, Sept. 16, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from September 1, 2019, to and including September 30, 2019. The distribution will be payable on October 15, 2019, to unitholders of record as at September 30, 2019. About… [Read More]

NEW GLASGOW, NS, Aug. 20, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from August 1, 2019, to and including August 31, 2019. The distribution will be payable on September 13, 2019, to unitholders of record as at August 31, 2019. About… [Read More]

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ NEW GLASGOW, NS, Aug. 12, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN), announced today that it entered into an agreement to issue $200 million aggregate principal amount of Series F Senior Unsecured Notes maturing August 26, 2026 (the… [Read More]

NEW GLASGOW, NS, Aug. 7, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to announce that four of the world’s leading retail brands will join Avalon Mall as part of the current redevelopment project, which will improve the shopping experience and enhance Avalon Mall’s position as the dominant retail shopping… [Read More]

Second Quarter Summary(In thousands of CAD dollars, except per unit amounts and as otherwise noted) Operating income of $39,449 Property revenue of $99,332 Same-asset property cash NOI growth of 3.2% Debt to gross book value – fair value basis improved to 49.2%; lowest level over past four quarters Solid renewal growth over expiring rates of… [Read More]

NEW GLASGOW, NS, July 22, 2019 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from July 1, 2019, to and including July 31, 2019. The distribution will be payable on August 15, 2019, to unitholders of record as at July 31, 2019. About… [Read More]