REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada


Sentinel Storage announces event with the BC Lions celebrating the grand opening of a new Vancouver location

By Tagged With:

Attendees have the opportunity to have their photograph taken with the Grey Cup and to win tickets to the 111th Grey Cup in Vancouver TORONTO, May 01, 2024 (GLOBE NEWSWIRE) — Sentinel Storage is excited to announce the grand opening of its latest store located at 3333 Bridgeway Street, centrally positioned near the PNE grounds… [Read More]

CIB to provide $70 million financing to CAPREIT to retrofit 60 multi-residential buildings

By Tagged With:

Approximately 14,000 suites to undergo energy efficient and carbon reduction measures Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX: CAR.UN) to lead large-scale upgrades focused on enhanced energy conservation and carbon reductions. Approximately 60 multi-unit residential buildings across Canada will undergo retrofitting. Projects expected to result in a significant reduction of carbon emissions annually…. [Read More]

Flagship Communities Real Estate Investment Trust Releases 2023 ESG Report

By Tagged With: ,

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, May 01, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today published its fourth Environmental, Social and Governance (“ESG”) Report (the “Report”). The Report showcases the REIT’s ongoing commitments to resident well-being,… [Read More]

Allied Announces First-Quarter Results

By Tagged With:

TORONTO, April 30, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for the three months ended March 31, 2024. Results In the first quarter, Allied’s operating income from continuing operations was $78 million, up 2% from the comparable quarter last year. Allied’s net loss and comprehensive loss was… [Read More]

Halmont Properties Corporation Year End Results

By Tagged With:

TORONTO, April 29, 2024 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that net income for the year ended December 31, 2023, was $18.49 million as compared to $10.67 million for the year ended December 31, 2022. (millions, except per share amount) Year Ended   December 31, 2023  … [Read More]

Firm Capital Apartment REIT Reports Q4/2023 and 2023 Results and Provides Strategic Review Update

By Tagged With: ,

All figures in $USD unless otherwise noted. TORONTO, April 26, 2024 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (“the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the year ended December 31, 2023 as well as provide an update regarding the previously announced Strategic Review: EARNINGS For… [Read More]

StorageVault Reports 2024 First Quarter Results and Increases Dividend

By Tagged With:

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2024 first quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “Our national strategically located portfolio achieved same store NOI growth of 5.2%, AFFO growth of 6.6% per common share, while maintaining over 90%… [Read More]

FirstService Reports First Quarter Results

By Tagged With:

Double-Digit Revenue Growth Across Both Divisions Operating highlights:     Three months     ended March 31     2024   2023               Revenues (millions) $ 1,158.0   $ 1,018.4 Adjusted EBITDA (millions) (note 1)   83.4     82.1 Adjusted EPS (note 2)   0.67     0.85… [Read More]

Report on Financial Results for the Year Ended December 31, 2023

By Tagged With:

TORONTO, April 23, 2024 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the year ended December 31, 2023 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND STRATEGY… [Read More]

Timbercreek Financial Declares April 2024 Dividend

By Tagged With:

TORONTO, April 23, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on May 15, 2024 to holders of Common Shares of record on April 30, 2024. The Company… [Read More]