WINNIPEG, Nov.10, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) today reported its operating results for the quarter ended September 30, 2015. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with Management’s Discussion & Analysis and the financial statements for the quarter… [Read More]
Summit Industrial Income REIT Announces Solid Performance in Third Quarter 2015
TORONTO, Nov. 10, 2015 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today strong growth and solid operating performance for the three and nine months ended September 30, 2015. 2015 Highlights: Acquired interests in 11 properties totaling 850,646 sq. ft. for $79.0 million. Sold 75% interest in two properties for… [Read More]
Automotive Properties REIT Reports Financial Results for Period Ended September 30, 2015
TORONTO, Nov. 9, 2015 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) today announced its financial results for the period from June 1, 2015 (the REIT’s date of formation) to September 30, 2015. The REIT completed its initial public offering (“IPO”) and commenced trading on the Toronto Stock Exchange on July… [Read More]
Firm Capital Mortgage Investment Corporation announces Q3/2015 results
TSX Symbol FC TORONTO, Nov. 9, 2015 /CNW/ – Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC) today released its financial statements for the three and nine months ended September30, 2015. PROFIT & RETURN ON EQUITYIncome and profit (“Profit”) for the three months ended September 30, 2015 increased by 5% to $5,056,752 as compared to… [Read More]
CT REIT Announces a Distribution Increase and Strong Third Quarter Results
CT REIT increases annual distribution by 2.56% beginning January 2016 Announces seven new investments totaling $88 million TORONTO, Nov. 9, 2015 /CNW/ – CT Real Estate Investment Trust (CT REIT), (TSX: CRT.UN) today reported its consolidated financial results for the third quarter ended September 30, 2015. “Our growth strategy continues to contribute to our strong operating… [Read More]
Crombie REIT reports third quarter results
NEW GLASGOW, NS, Nov. 9, 2015 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX:CRR.UN) is pleased to report its financial results for the three and nine months ended September 30, 2015. Third Quarter 2015 Highlights (In thousands of CAD dollars, except per unit amounts and as otherwise noted). Portfolio fair value of $4.0 billion. Funds… [Read More]
Genworth MI Canada Inc. Considering Debenture Offering
/THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR TRANSMITTEDIN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE OR NEWS SERVICES./ TORONTO, Nov. 6, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) announced today that it is considering a debenture offering pursuant to its base shelf prospectus. The Company will provide… [Read More]
Zaio Announces Termination of Axis Merger
CALGARY, Nov. 6, 2015 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”) announced today that its Board of Directors has determined that the previously announced merger with Axis Appraisal Management (Axis) is not in the best interest of Zaio shareholders at this time, and as a result, the transaction will not be closed…. [Read More]
Kingsway Arms Retirement Residences Inc. Announces Reverse Takeover Transaction
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Nov. 6, 2015 /CNW/ – Kingsway Arms Retirement Residences Inc. (“Kingsway” or the “Company“) (TSX.V: KWA) today announced a reverse takeover transaction (the “Reverse Takeover“). Pursuant to a binding commitment letter dated November 5, 2015 (the “Commitment Letter“), the Company… [Read More]
MCAN Mortgage Corporation Reports 48% Increase in Third Quarter Net Income and Increase in Quarterly Dividend
Stock market symbol TSX: MKP TORONTO, Nov. 5, 2015 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported strong third quarter 2015 earnings today. Q3 2015 Operating Results Net income for the third quarter of 2015 was $7.2 million, up 48% from $4.9 million in the prior year, while earnings per share increased… [Read More]
Firm Capital Property Trust announces another solid quarter of earnings and portfolio growth
TORONTO, Nov. 5, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its consolidated interim financial results for the three months and nine months ended September 30, 2015. THIRD QUARTER HIGHLIGHTS Three Months Ended September 30, 2015 FFO and AFFO of $1.2 million and $1.1 million is a 12%… [Read More]
Artis Releases Third Quarter Results: Reports Strong FFO Per Unit Growth of 11.4% Payout Ratio Improves to 71.1%
WINNIPEG, Nov. 5, 2015 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or “the REIT”) issued its financial results and achievements for the three and nine months ended September 30, 2015. All amounts are in thousands of Canadian dollars, unless otherwise noted. “Our third quarter results, supported by our diversified portfolio and strong management… [Read More]
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