EDMONTON, Alberta, May 02, 2023 (GLOBE NEWSWIRE) — Melcor REIT (TSX: MR.UN) today announced results for the first quarter ended March 31, 2023. Revenue was stable in the quarter at $18.99 million and net operating income was down 3% at $11.52 million. Occupancy currently sits at 88%, up 0.3% compared to year-end and we have retained… [Read More]
Colliers Reports First Quarter Results
Growth in high value recurring revenues improves balance and resilience First quarter operating highlights: Three months ended March 31 (in millions of US$, except EPS) 2023 2022 Revenues $ 965.9 $ 1,000.9 Adjusted EBITDA (note 1) 104.6 … [Read More]
Colliers adds top-tier engineering firm
Acquisition strengthens Colliers Engineering & Design in Australia TORONTO and SYDNEY, Australia, May 02, 2023 (GLOBE NEWSWIRE) — Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that Colliers Engineering & Design Australia (“CED”) has acquired Craig & Rhodes Pty Limited (“Craig & Rhodes”), a leading multi-discipline engineering, design and… [Read More]
Halmont Properties Corporation Year End Results
TORONTO, April 28, 2023 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that net income to shareholders for the year ended December 31, 2022, was $9.57 million as compared to net income of $7.10 million for the year ended December 31, 2021. (millions, except per share amounts) Year Ended… [Read More]
Colliers announces $250 million increase to Credit Facility
TORONTO, April 28, 2023 (GLOBE NEWSWIRE) — Colliers International Group Inc. (TSX and NASDAQ: CIGI) (“Colliers”) announced today that it has increased the total commitments under its unsecured multi-currency revolving credit facility maturing May 2027 (the “Credit Facility”) by US$250 million, resulting in total borrowing capacity of US$1.75 billion. The cost of borrowing, maturity date,… [Read More]
Melcor REIT announces election of trustees – CORRECTION
EDMONTON, Alberta, April 27, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today announced the results of its annual general meeting, held today. A total of 17,372,521 units were voted in person or by proxy, representing 59.72% of the outstanding units as of the record date. Unitholders approved all… [Read More]
Melcor announces election of directors
EDMONTON, Alberta, April 26, 2023 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, announced the results of its annual general meeting (AGM), held today. A total of 25,484,340 shares were voted in person or by proxy, representing 81.55% of the outstanding shares as of the record… [Read More]
Melcor REIT announces election of trustees
EDMONTON, Alberta, April 26, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (Melcor REIT – TSX: MR.UN) today announced the results of its annual general meeting, held today. A total of 17,372,521 units were voted in person or by proxy, representing 59.72% of the outstanding units as of the record date. Unitholders approved all… [Read More]
StorageVault Reports 2023 First Quarter Results and Increases Dividend
TORONTO, April 26, 2023 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2023 first quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “In Q1 2023, we reduced our variable rate debt exposure to only 3.41% and achieved a same store NOI growth of 6.3%. For… [Read More]
Allied Announces First-Quarter Results
TORONTO, April 26, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for the three months ended March 31, 2023. “Despite continuing macroeconomic uncertainty, our operating income was up 14.5% in the first quarter, in large part because of development completions and contribution from last year’s portfolio acquisition,” said… [Read More]
FirstService Reports Very Strong First Quarter Results
Robust Organic Top-Line Growth Drives Profitability Operating highlights: Three months ended March 31 2023 2022 Revenues (millions) $ 1,018.4 $ 834.6 Adjusted EBITDA (millions) (note 1) 82.1 62.3 Adjusted EPS (note 2) 0.85 … [Read More]
Terra Firma Capital Corporation Reports Fourth Quarter & Full Year 2022 Financial Results
All amounts are stated in United States dollars unless otherwise indicated. TORONTO, April 25, 2023 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company“), a real estate finance company, today announced its financial results for the three months and year ended December 31, 2022. Full Year 2022 Financial Highlights: Total… [Read More]
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