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Crombie REIT Announces Second Quarter 2019 Results

August 7, 2019 By NewsWire Tagged With: TSX:CRR.UN

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]

Genesis Reports 2019 Second Quarter Results

August 7, 2019 By NewsWire Tagged With: TSX:GDC

CALGARY, Aug. 7, 2019­ /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months (“Q2”) and six months (“YTD”) ended June 30, 2019. Genesis is a land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), holding and developing a significant portfolio… [Read More]

MCAN Mortgage Corporation Announces Second Quarter Results for 2019

August 7, 2019 By NewsWire Tagged With: TSX:MKP

TORONTO, Aug. 7, 2019 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) reported net income of $8.9 million ($0.37 per share) for the second quarter ended June 30, 2019, a decrease of 20% from $11.1 million ($0.47 per share) in the second quarter of 2018.  In the second quarter of 2019, we… [Read More]

Summit Industrial Income REIT Announces Strong Performance in Second Quarter 2019

August 7, 2019 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, Aug. 7, 2019 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today very strong operating and financial performance for the three and six months ended June 30, 2019. Six Months 2019 Highlights: Revenues up 60.5% on portfolio growth, high stable occupancies and rent increases. Industrial occupancy strong at 99.5%… [Read More]

Tricon Delivers Strong Q2 2019 Results Driven by Record Operating Metrics at Core Rental Business

August 7, 2019 By NewsWire Tagged With: TSX:TCN

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Aug. 7, 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 six months… [Read More]

Consolidated HCI Holdings Corporation Announces its 2019 Third Quarter Results

August 7, 2019 By NewsWire Tagged With: TSX VENTURE:CXA.H

CONCORD, ON, Aug. 7, 2019 /CNW/ – Consolidated HCI Holdings Corporation today announced its fiscal 2019 third quarter results. 3 months ended June 30 9 months ended June 30 2019 2018 2019 2018 ($000’s except earnings per share)  Revenue $- $22 $5 $59 Net loss for the period $(63) $(74) $(297) $(278) Loss per share… [Read More]

True North Commercial REIT Reports Q2 2019 Results

August 7, 2019 By NewsWire Tagged With: TSX:TNT.UN

25% growth in revenue and NOI backed by high quality tenants /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Aug. 7, 2019 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today announced its financial results for the three and six months ended June 30, 2019. Highlights and Key… [Read More]

Invesque Announces August 2019 Dividend

August 7, 2019 By NewsWire Tagged With: TSX:IVQ.U

/NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 7, 2019 /CNW/ – Invesque Inc. (TSX: IVQ.U) announced today a cash dividend in the amount of US$0.06139 per common share for the period from August 1, 2019 to August 30, 2019. The dividend will be payable on September… [Read More]

PROREIT Announces Agreements to Acquire a Group of 5 Industrial, 1 Office and 1 Mixed-use Industrial Properties for an Aggregate Purchase Price of $97.8 Million Concurrent with a $50 Million Bought Deal Public Offering of Trust Units

August 7, 2019 By NewsWire Tagged With: TSX VENTURE:PRV.UN

/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITEDSTATES NEWS OR WIRE SERVICES./ 7 institutional quality assets comprising total GLA of 696,000 square feet Represents PROREIT’s continued growth as a high quality diversified REIT increasing the portfolio to 4.4 million square feet of GLA and $625 million of Gross Book Value1 pro forma… [Read More]

Morguard Corporation Announces 2019 Second Quarter Results and Regular Eligible Dividend

August 7, 2019 By NewsWire Tagged With: TSX:MRC

MISSISSAUGA, ON, Aug. 7, 2019 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three and six months ended June 30, 2019. Reporting Highlights Total revenue increased by $13.7 million, or 4.7%, to $301.4 million for the three months ended June 30, 2019, compared to $287.7 million for… [Read More]

Mach Announces Roadshow Events Regarding its $14.00 Per Share Offer to Purchase Class B Voting Shares of Transat

August 7, 2019 By NewsWire Tagged With: TSX:TRZ

The roadshow events will allow brokers, intermediaries and other market participants holding Class B Voting Shares of Transat A.T Inc. to attend information sessions during which Mach will explain the Offer and related matters: Montréal: August 7, 12 and 13, 2019; Québec City: August 7 and 12, 2019 Toronto: August 8 and 12, 2019; Calgary:… [Read More]

Holloway Lodging Corp. Announces Sale of Two Hotels in Nova Scotia

August 6, 2019 By NewsWire Tagged With: TSX:HLC

/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Aug. 6, 2019 /CNW/ – Holloway Lodging Corporation (TSX: HLC) (TSX: HLC.DB) (“Holloway”) is pleased to announce that it has sold the Travelodge® hotel in Sydney, NS and its leasehold interest in the Super 8® hotel located in Truro, NS…. [Read More]

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