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Skyline Announces Improving Operational Results for Q1 2021

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Q1 2021 net operating income (“NOI”) from hotels and resorts was $8.3 million compared to $7.5 million in Q1 2020, an increase of 10%; Q1 2021 funds from operations (“FFO”) was $3.3, or $0.20 per share, a 21% increase over Q1 2020 FFO of $2.7, or $0.17 per share; Q1 2021 revenue from Skyline’s hotels… [Read More]

Amber Court Assisted Living Introduces a Lifestyle Change that Emphasizes Nutritional Well-being

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The new partnership with Morrison Living will offer residents customizable culinary experiences and a person-centered approach to nutrition and wellness LONG ISLAND, N.Y., May 14, 2021 (GLOBE NEWSWIRE) — This partnership aims to provide Amber Court residents and guests, at the Smithtown and Westbury locations, with restaurant-style dining marked by high-quality sustainable ingredients made fresh… [Read More]

Nexus REIT Waives Purchase Conditions to Acquire $44.8MM of Industrial Properties

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TORONTO and MONTREAL, May 13, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today that it has waived conditions to acquire $44.8MM of industrial properties that it had previously announced entering into conditional contracts to acquire. The REIT has completed due diligence and waived conditions to acquire 3 single-tenant… [Read More]

Nexus REIT Announces Q1 2021 Results

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TORONTO and MONTREAL, May 13, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today its results for the quarter ended March 31, 2021. Highlights Occupancy of 94% at March 31, 2021 increased from 93% at December 31, 2020 and remained consistent as compared to Q1 2020. Rent collections continue… [Read More]

WPT Industrial REIT Announces First Quarter 2021 Results

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Expanded private capital partnership, reduced leverage, strong operating and cash flow results TORONTO, May 13, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three months ended March 31, 2021. All dollar amounts are stated in U.S. funds. Highlights: Created a new… [Read More]

CAPREIT Reports Continued Growth and Strong Operating Performance in First Quarter of 2021

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TORONTO, May 13, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three months ended March 31, 2021. HIGHLIGHTS: For the Three Months Ended March 31, 2021   2020 (5)   Portfolio Performance     Overall portfolio occupancy (1) 97.3… [Read More]

Allied Announces Conference Call to Discuss First-Quarter Financial Results

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TORONTO, March 18, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”)(TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday, April 29, 2021, to discuss financial results for the quarter ended March 31, 2021. The financial results will be released on Wednesday, April 28, 2021, after… [Read More]

FPI Nexus annonce ses résultats pour l’exercice et le quatrième trimestre 2020

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MONTRÉAL et TORONTO, 17 mars 2021 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSX : NXR.UN) a annoncé aujourd’hui ses résultats pour l’exercice et le quatrième trimestre clos le 31 décembre 2020. Faits saillants Le taux d’occupation de 93% au 31 décembre 2020 est demeuré constant par rapport au T3… [Read More]

CORRECTION — Melcor Developments announces results for 2020 and increases dividend by 25% to $0.10 per share

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EDMONTON, Alberta, March 17, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), is issuing a correction to the 2020 results announced earlier this afternoon under the same headline. In the Return to Shareholders section of our earlier press release, we reported incorrect dates. The correct dates are a payable date of March 31, 2021… [Read More]

Melcor Developments announces results for 2020 and increases dividend by 25% to $0.10 per share

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EDMONTON, Alberta, March 17, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year ended December 31, 2020. Revenue increased by 9% to $226.82 million in 2020 compared to $207.97… [Read More]