TORONTO, Nov. 14, 2022 (GLOBE NEWSWIRE) — Parkit Enterprise Inc. (“Parkit” or the “Corporation”) (TSXV: PKT), today reported the Corporation’s third quarter 2022 results. Steve Scott, Chair of Parkit, commented: “To date, Parkit continues its leasing momentum with significant renewals and maintains its focus on operations with improving margins. The Company continues to build the… [Read More]
Five Major Residential Rental REITs launch ForAffordable.ca
A window into how Canada’s five largest publicly traded residential rental REITs operate and their ideas to address the housing supply and affordability crisis in Canada OTTAWA, Nov. 14, 2022 (GLOBE NEWSWIRE) — Canada’s five (5) largest residential rental real estate investments trusts (REITs) announce the launch of ForAffordable.ca, a new website from Canadian rental… [Read More]
SmartCentres Real Estate Investment Trust Releases Third Quarter Results for 2022
Operational Shopping centre leasing activity continues to improve with occupancy levels, inclusive of committed deals, increasing to 98.1% in Q3 2022, representing a 50 basis point increase from Q2 2022 Same Properties NOI inclusive of ECL(1) increased by $3.9 million or 3.1% in Q3 2022 as compared to the same period in 2021. Same Properties… [Read More]
Northview Fund Announces Q3 2022 Financial Results, Including Strong Occupancy Gains and NOI Growth of 2.4%
Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Nov. 10, 2022 (GLOBE NEWSWIRE) — Northview Fund (“Northview” or the “Fund”) (NHF.UN – TSX), today announced financial results for the three and nine months ended September 30, 2022. All amounts in this news release are in thousands of… [Read More]
Timbercreek Financial Announces 2022 Third Quarter Results
TORONTO, Nov. 10, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and nine months ended September 30, 2022 (“Q3 2022”). Q3 2022 Highlights1 Q3 2022 results reflect a healthy and stable portfolio with lower turnover. Net new mortgage fundings were $54.2 million and advances… [Read More]
CAPREIT Announces Appointment of New Board of Trustee Members and Resignation of Trustee
TORONTO, Nov. 09, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) is pleased to announce that Mr. Gervais Levasseur and Mr. Ken Silver have joined CAPREIT’s Board of Trustees (the “Board”) effective November 14, 2022. CAPREIT also announced that Poonam Puri has stepped down from the Board, effective as of… [Read More]
CAPREIT Reports Third Quarter 2022 Results
TORONTO, Nov. 08, 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 nine months ended September 30, 2022. Management will host a conference call to discuss the financial results on Wednesday, November 9, 2022 at 9:00… [Read More]
Melcor Developments announces third quarter results, declares quarterly dividend of $0.15 per share
EDMONTON, Alberta, Nov. 08, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third quarter ended September 30, 2022. Revenue was stable at $165.49 million year-to-date and up 9% at $61.14 million in the quarter as a result of the cyclical nature of the… [Read More]
European Residential REIT Demonstrates Operational Strength in Third Quarter of 2022
TORONTO, Nov. 07, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three and nine months ended September 30, 2022. ERES’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three and nine months ended September 30,… [Read More]
RioCan Announces Third Quarter 2022 Results – Evolving Portfolio Continues to Provide Enduring Quality, Delivering Growth on All Fronts
1.4 million sq. ft. of new and renewed leases with new leasing spread of 15.9% and blended spread of 7.9% TORONTO, Nov. 03, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced today its financial results for the three and nine months ended September 30, 2022 (the “Third Quarter”)…. [Read More]
Melcor REIT announces third quarter 2022 results
EDMONTON, Alberta, Nov. 03, 2022 (GLOBE NEWSWIRE) — Melcor REIT (TSX: MR.UN) today announced results for the third quarter ended September 30, 2022. Revenue was stable in the quarter and year-to-date. Net operating income was down 3% in the quarter at $11.61 million due to the timing of operating expenses and inflated costs including utilities like… [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, Nov. 03, 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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