EDMONTON, Alberta, Aug. 11, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2022. Revenue was down 4% to $104.35 million year-to-date and down 22% in the quarter as a result of the cyclical nature… [Read More]
Timbercreek Financial Announces 2022 Second Quarter Results
TORONTO, Aug. 11, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and six months ended June 30, 2022 (“Q2 2022”). Q2 2022 Highlights1 Q2 2022 results reflect healthy funding volumes and lower repayments. The Company executed on net new mortgage fundings of $150.8 million,… [Read More]
ERES Announces Appointment of Jenny Chou as Chief Financial Officer
TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES”) and Canadian Apartment Properties Real Estate Investment Trust (TSX: CAR.UN, “CAPREIT”) are pleased to announce the appointment of Ms. Jenny Chou as Chief Financial Officer, replacing Mr. Stephen Co, effective August 11, 2022. Ms. Chou has been with CAPREIT since… [Read More]
CAPREIT Announces Appointment of Chief Financial Officer
TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) is pleased to announce the appointment of Stephen Co as Chief Financial Officer, effective August 11, 2022. Mr. Co has been with CAPREIT since 2011 and was appointed Interim Chief Financial Officer, effective April 1, 2022. Prior to his… [Read More]
CAPREIT Reports Continued Growth & Strong Operating Performance in Second Quarter of 2022
TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continued growth and strong operating and financial results for the three and six months ended June 30, 2022. Management will host a conference call to discuss the financial results on Thursday, August 11, 2022 at 9:00… [Read More]
RioCan Announces Second Quarter 2022 Results – Portfolio Quality Delivers Continued Growth
Net income of $78.5 million and FFO per unit 1 of $0.43 1.5 million sq. ft. of new and renewed leases with renewal leasing spread of 11.2% and blended spread of 10.5% TORONTO, Aug. 08, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced today its financial results… [Read More]
Northview Fund Announces Q2 2022 Financial Results, Occupancy and AMR Gains With NOI Growth of 3.6%
Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Aug. 04, 2022 (GLOBE NEWSWIRE) — Northview Fund (“Northview” or the “Fund”) (NHF.UN – TSX), today announced financial results for the three and six months ended June 30, 2022. All amounts in this news release are in thousands of… [Read More]
StorageVault partners with Pickups app to offer on-demand last mile delivery
TORONTO, Aug. 04, 2022 (GLOBE NEWSWIRE) — The last-mile delivery space is continuously evolving and FlexSpace Logistics, a StorageVault (SVI-TSX) brand, is proud to be at the forefront of that evolution. FlexSpace has entered into a partnership with Pickups, investing in Canada’s most innovative on-demand last-mile delivery platform. By incorporating Pickup’s disruptive technology, FlexSpace will… [Read More]
European Residential REIT Exceeding Expectations with Second Quarter 2022 Results
TORONTO, Aug. 03, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three and six months ended June 30, 2022. ERES’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three and six months ended June 30,… [Read More]
CAPREIT Announces Strategic Disposition of East York Property and Acquisition of Two High-Quality New-Build Properties
TORONTO, Aug. 03, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has entered into an agreement to dispose of a property located in East York, Ontario. The property, which was built in 1974, is comprised of 253 residential units and will be sold for consideration of… [Read More]
Colliers Reports Strong Second Quarter Results
Investment Management continues to scale, further increasing recurring earnings Second quarter operating highlights: Three months ended Six months ended June 30 June 30 (in millions of US$, except EPS) 2022 2021 2022 2021 … [Read More]
Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units
All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 02, 2022 (GLOBE NEWSWIRE) — Brookfield Property Partners (“BPY” or the “Partnership”) announced today that the Board of Directors has declared quarterly distributions on the Partnership’s Class A Nasdaq-listed BPYPP, BPYPO, BPYPN and BPYPM (TSX: BPYP.PR.A) preferred units of $0.40625 per unit,… [Read More]
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