̶ The REIT also announced the acquisition of a development property in Laval, Quebec ̶ TORONTO, Aug. 13, 2020 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (“Automotive Properties REIT” or the “REIT”) today announced its financial results for the three-month (“Q2 2020”) and six-month periods ended June 30, 2020. “The combination of a… [Read More]
Boardwalk REIT Reports Second Quarter Funds From Operations Per Unit Growth of 4.4% (10.3% Excluding Retirement Costs)
SUMMARY HIGHLIGHTS FOR THE THREE AND SIX-MONTH PERIODS ENDED JUNE 30, 2020 CONTINUED STRONG PERFORMANCE FOR THE 3 MONTH PERIOD ENDED JUNE 30, 2020 Funds From Operations (FFO) of $0.71 per Trust Unit; an increase of 4.4% Excluding retirement costs, FFO of $0.75 per Trust Unit, an increase of 10.3% 3.1% same-property revenue growth 6.4% same-property… [Read More]
Imperial Equities Suspends Dividends
EDMONTON, AB, Aug. 13, 2020 /CNW/ – Imperial Equities Inc. today announced it has suspended its dividends for the Third and Fourth Quarters of 2020. “This was a difficult decision for our Board of Directors,” said Sine Chadi, CEO of Imperial Equities. “When we brought back dividends in Q1 2020, we saw it as a long-term move… [Read More]
Updated: Inovalis Real Estate Investment Trust Announces the Release Date for Q2 2020 Financial Results and Conference Call
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 13, 2020 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) will be releasing its financial results for the quarter ended June 30, 2020, on Wednesday, August 12, 2020. Senior management will be hosting a conference call… [Read More]
MCAN Mortgage Corporation Announces Q2 2020 Results and Declares Q3 2020 Dividend
TORONTO, Aug. 12, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) reported solid net income of $7.8 million ($0.32 earnings per share) for the second quarter ended June 30, 2020. For the same period in the prior year, net income was $8.9 million ($0.37 earnings per share). For the six months ended… [Read More]
Firm Capital Property Trust Firm Capital Property Trust Announces Solid Second Quarter Results
TORONTO, Aug. 12, 2020 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV: FCD.UN) is pleased to report today its financial results for the three and six months ended June 30, 2020. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 76 commercial properties with a total GLA of 4,244,595 square feet (2,350,625 square feet on an… [Read More]
PROREIT Announces Second Quarter 2020 Results
Property revenue of $17.2 million, 26.9% increase from Q2 2019 Net operating income1 of $9.8 million, 15.7% increase from Q2 2019 Net loss and comprehensive loss of $2.8 million AFFO1 of $5.2 million, 7.6% increase from Q2 2019 Successful renewal of 76% of leases maturing in 2020 to date Occupancy rate firm at 98.1% Secured… [Read More]
BSR REIT Announces Strong Q2 2020 Financial Results
– Collections remain strong and portfolio repositioning continues – LITTLE ROCK, Ark. and TORONTO, Aug. 12, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR“, or the “REIT”) “) (TSX: HOM.U) (TSX: HOM.UN) today announced its financial results for the three and six months ended June 30, 2020 (“Q2 2020” and “H1 2020”, respectively). All comparisons… [Read More]
Invesque Inc. Reports Second Quarter 2020 Results and Upcoming Transition of Property Management of Medical Office Portfolio to Jones Lang LaSalle
TORONTO, Aug. 12, 2020 /CNW/ – Invesque Inc. (TSX: IVQ.U and IVQ) (the “Company” or “Invesque”) today announced its results for the three and six months ended June 30, 2020. The Company also announced the upcoming transition of property management and leasing services for the Company’s medical office buildings (“MOB”) portfolio to Jones Lang LaSalle (“JLL”). MOB… [Read More]
Inovalis Real Estate Investment Trust Announces Financial Results for the Second Quarter of 2020
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 12, 2020 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today reported financial results for the quarter ended June 30, 2020. Inovalis REIT is in a stable and advantageous position following the COVID-19 crisis of Q2, 2020. … [Read More]
H&R REIT Announces Second Quarter 2020 Results and COVID-19 Update
TORONTO, Aug. 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 six months ended June 30, 2020. Tom Hofstedter, President & CEO of H&R REIT said “In these exceptional circumstances, we are pleased to report operating and financial results that reflect… [Read More]
Firm Capital American Realty Partners Trust Reports Solid Second Quarter, Trust Name Change, 91% Rent Collections, New Trustee and Increased Current Nav of $9.55 Per Trust Unit
TORONTO, Aug. 11, 2020 /CNW/ – Firm Capital American Realty Partners Trust (“the “Trust“), (TSXV: FCA.U) (TSXV: FCA.UN) is pleased to report its financial results for the three and six months ended June 30, 2020 as well as other various trust matters: TRUST NAME CHANGE:To more reflect the investment activities of the Trust and its… [Read More]
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