Q1 2020 revenue of $354.9 million â an increase $49.5 million, or 16.3%, over Q1 2019. Q1 2020 Adjusted EBITDA1 of $20.0 million â an increase of $2.1 million, or 11.7%, over Q1 2019. Q1 2020 net income of $4.3 million or $0.20 per share compared with $1.5 million or $0.07 per share in the… [Read More]
Plaza Retail REIT Announces First Quarter 2020 Results
FREDERICTON, May 7, 2020 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced its financial results for the three months ended March 31, 2020. “We are pleased with the results of the current quarter. Plaza is benefiting from our strong development performance in 2019 where 228,000 square feet was completed and 115,000… [Read More]
Inovalis Real Estate Investment Trust Announces the Sale of the Rueil Property Located in Rueil Malmaison Paris on a Forward Plan Basis to a Joint-Venture Partnership Between SEDCO and Inovalis SA
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, May 7, 2020 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT“) (TSX: INO.UN) announced today the Rueil property (“Rueil” or “Property”), located in the Rueil Malmaison business district in Paris, has been disposed of on a forward sale basis to… [Read More]
Morguard Real Estate Investment Trust Announces Voting Results from the 2020 Annual Meeting of Unitholders
MISSISSAUGA, ON, May 7, 2020 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today announced the results of matters voted on at its annual unitholders’ meeting held on May 6, 2020 (the “Meeting”), which included the election of trustees of the Trust, all of the nominees listed in its management information circular… [Read More]
Morguard North American Residential Real Estate Investment Trust Announces Voting Results from the 2020 Annual Meeting of Unitholders
MISSISSAUGA, ON, May 7, 2020 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “REIT”) (TSX: MRG.UN) today announced the results of matters voted on at its annual unitholders’ meeting held on May 6, 2020 (the “Meeting”), which included the election of trustees of the REIT, all of the nominees listed in its… [Read More]
Morguard Corporation Announces Voting Results from the 2020 Annual Meeting of Shareholders
MISSISSAUGA, ON, May 7, 2020 /CNW/ – Morguard Corporation (“the Corporation”) (TSX: MRC) today announced the results of matters voted on at its annual shareholders’ meeting held on May 6, 2020 (the “Meeting”), which included the election of directors of the Corporation, all of the nominees listed in its management information circular dated March 12, 2020. … [Read More]
ADL Ventures Inc. postpones filing of first quarter financial statements and MD&A due to Covid-19
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./ TORONTO, May 7, 2020 /CNW/ – ADL Ventures Inc. (TSX-V: AVI) (“ADL” or the “Corporation“) has postponed filing its first quarter financial statements and management’s discussion and… [Read More]
Cominar Announces 2020 First Quarter Results
QUÃBEC CITY, May 7, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) is pleased to announce its results for the first quarter ended March 31, 2020. 2020 FIRST QUARTER â HIGHLIGHTS FFO(1) per unit (excluding penalties on mortgage repayments before maturity) was $0.27 compared to $0.26 in Q1 2019…. [Read More]
CT Real Estate Investment Trust Announces Election of Trustees
TORONTO, May 6, 2020 /CNW/ – CT Real Estate Investment Trust (the “Trust”) (TSX: CRT.UN) announced today that each of the eight trustee nominees listed in the Trust’s Management Information Circular dated March 12, 2020 were elected as trustees of the Trust at its Annual Virtual Meeting of Unitholders (the “Meeting”) held on May 5,… [Read More]
Chartwell Provides an Overview of its LTC Operations
MISSISSAUGA, ON, May 6, 2020 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) today issued the following statement from its CEO, Vlad Volodarski: “With only 23 Ontario long term care (“LTC”) residences within our portfolio of over 200 residences across four provinces in Canada, Chartwell is predominately a retirement company. However, Chartwell fundamentally believes that… [Read More]
Crombie REIT Announces First Quarter 2020 Results and COVID-19 Update
First Quarter Summary(In thousands of CAD dollars, except per unit amounts and as otherwise noted) Operating income of $21,324 Property revenue of $102,252 Debt to gross book value (net of cash) – fair value of 48.8% Available liquidity of $449,898 Unencumbered asset pool of $1,479,211 Completed $100,012 equity raise at $16 per unit Repaid $157,630… [Read More]
Killam Apartment REIT Announces Strong Q1-2020 Operating Performance and Financial Results, and Covid-19 Operational Update
HALIFAX, May 6, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) (“Killam”) today reported its results for the three months ended March 31, 2020. “We are pleased to report strong operating and financial results for the first quarter of 2020” noted Philip Fraser, President and CEO. “Starting late in Q1, the COVID-19 pandemic began in Canada… [Read More]
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