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Timbercreek Financial Announces 2020 Second Quarter Results

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TORONTO, Aug. 07, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and six months ended June 30, 2020 (“Q2 2020”). Q2 2020 Highlights Lower new investment volume was offset by lower repayments and higher renewals resulting in quarterly growth of the mortgage portfolio to $1,210.3… [Read More]

Melcor REIT announces second quarter 2020 results and declares monthly distribution of $0.03 per trust unit

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Highlights Rental revenue was up 4% over Q2-2019 at $18.10 million; up 6% at $37.39 million year to date Net operating income grew 3% over Q2-2019 at $11.74 million; up 6% at $23.70 million year to date Adjusted cash flow from operations (ACFO) was down 1% to $4.74 million or $0.16 per unit over Q2-2019, and… [Read More]

Colliers International Reports Second Quarter Results

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Investment Management, Outsourcing & Advisory demonstrate resilience, diversification Operating highlights:    Three months ended   Six months ended    June 30   June 30 (in millions of US$, except EPS) 2020   2019   2020   2019                          Revenues $ 550.2     $… [Read More]

Brookfield Property Partners Reports Second Quarter 2020 Results

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All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 06, 2020 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPYU; TSX: BPY.UN) (“BPY”) today announced financial results for the quarter ended June 30, 2020. “The second quarter of 2020 brought unprecedented challenges to the commercial real estate industry, in… [Read More]

SmartCentres Real Estate Investment Trust Releases Second Quarter Results for 2020

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TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) is pleased to report its financial and operating results for the second quarter ended June 30, 2020. “Notwithstanding short-term data points, our locations have not changed, the highways and transit to them have not changed, the visibility of… [Read More]

WPT Industrial REIT Announces Second Quarter 2020 Results and Provides Operational Update

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TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three and six months ended June 30, 2020. All dollar amounts are stated in U.S. funds. Highlights for the three months ended June 30, 2020: Collected 99.5% of billed rent… [Read More]

InterRent Announces Voting Results from the 2020 Annual Meeting

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OTTAWA, Aug. 04, 2020 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (the “REIT”) is pleased to announce the voting results from its 2020 Annual Meeting (the “Meeting”) of unitholders held online on August 4, 2020 via live webcast…. [Read More]

SmartCentres Announces Time Change for 2020 Second Quarter Conference Call

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TORONTO, July 31, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that it will hold the conference call related to the release of its 2020 second quarter financial results on Thursday, August 6, 2020 at 3:30 p.m. (ET), rather than the previously announced 2:00 p.m. (ET). Investors are invited… [Read More]

ERES REIT Announces €20MM Multi-Residential Acquisition in The Netherlands

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TORONTO, July 31, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has entered into an agreement to acquire a multi-residential property located in the municipality of Renkum in the eastern Netherlands (the “Doorwerth Property”). The Doorwerth Property is a three-building, 8-floor multi-residential property that… [Read More]

SmartCentres 2020 Second Quarter Results and Conference Call

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TORONTO, July 30, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that it will issue its financial results for the three and six months ending June 30, 2020 on Wednesday, August 5, 2020. SmartCentres will hold a conference call on Thursday, August 6, 2020 at 2:00 p.m. (ET). Participating… [Read More]

Allied Announces Second-Quarter Results, Demonstrating Resilience

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TORONTO, July 29, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced results for its second quarter ended June 30, 2020. “The global pandemic posed a sudden and severe operational challenge for Allied,” said Michael Emory, President & CEO. “Our team responded effectively, and our properties and user-base have held… [Read More]

Allied Announces Appointment of Jennifer Tory to the Board

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TORONTO, July 29, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that Jennifer Tory has been appointed as a trustee of Allied (a “Trustee”) by the Trustees. She will hold office as a Trustee until the next annual meeting of unitholders or until her successor is elected or appointed…. [Read More]