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 $0.40625 per unit,… [Read More]
RioCan Real Estate Investment Trust Announces Renewal of Normal Course Issuer Bid
TORONTO, Nov. 03, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that the Toronto Stock Exchange has approved its notice of intention to make a normal course issuer bid for a portion of its trust units (“Units”) as appropriate opportunities arise from time to time. RioCan’s normal course issuer bid… [Read More]
Colliers Reports Third Quarter Results
Growing recurring revenues and broader diversification bring more resilience Third quarter operating highlights: Three months ended Nine months ended September 30 September 30 (in millions of US$, except EPS) 2022 2021 2022 2021 … [Read More]
Allied Announces Closing of Newly Completed Urban Office Component of Place Gare Viger in Montréal
This news release constitutes a “designated news release” for the purposes of Allied’s prospectus supplement dated November 12, 2021, to its short form base shelf prospectus dated June 2, 2021, as amended on November 11, 2021. TORONTO, Oct. 31, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it… [Read More]
StorageVault Reports 2022 Third Quarter Results and Increases Dividend
TORONTO, Oct. 27, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2022 third quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “We continue to benefit from strong dynamics resulting in an 11.2% same store NOI growth and AFFO per share growth of 22.6% –… [Read More]
Allied Announces Third-Quarter Results
TORONTO, Oct. 26, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its third quarter ended September 30, 2022. “Allied’s third-quarter operations were encouraging, especially in the context of growing macro-economic uncertainty,” said Michael Emory, President & CEO. “Average in-place net rent per occupied square foot in our… [Read More]
FirstService Reports Third Quarter 2022 Results
Revenue Growth Remains Strong and Broad-Based Operating highlights: Three months ended Nine months ended September 30 September 30 2022 2021 2022 2021 Revenues (millions) $ 960.5 $ 849.4 … [Read More]
SmartCentres Declares Distribution for October 2022
TORONTO, Oct. 25, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of October 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on November… [Read More]
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