REIT REPORT

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CAPREIT Reports Continued Growth & Strong Operating Performance in Second Quarter of 2022

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TORONTO, Aug. 10, 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 six months ended June 30, 2022. Management will host a conference call to discuss the financial results on Thursday, August 11, 2022 at 9:00… [Read More]

Northview Fund Announces Q2 2022 Financial Results, Occupancy and AMR Gains With NOI Growth of 3.6%

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Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Aug. 04, 2022 (GLOBE NEWSWIRE) — Northview Fund (“Northview” or the “Fund”) (NHF.UN – TSX), today announced financial results for the three and six months ended June 30, 2022. All amounts in this news release are in thousands of… [Read More]

StorageVault partners with Pickups app to offer on-demand last mile delivery

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TORONTO, Aug. 04, 2022 (GLOBE NEWSWIRE) — The last-mile delivery space is continuously evolving and FlexSpace Logistics, a StorageVault (SVI-TSX) brand, is proud to be at the forefront of that evolution. FlexSpace has entered into a partnership with Pickups, investing in Canada’s most innovative on-demand last-mile delivery platform. By incorporating Pickup’s disruptive technology, FlexSpace will… [Read More]

European Residential REIT Exceeding Expectations with Second Quarter 2022 Results

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TORONTO, Aug. 03, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three and six months ended June 30, 2022. ERES’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three and six months ended June 30,… [Read More]

CAPREIT Announces Strategic Disposition of East York Property and Acquisition of Two High-Quality New-Build Properties

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TORONTO, Aug. 03, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has entered into an agreement to dispose of a property located in East York, Ontario. The property, which was built in 1974, is comprised of 253 residential units and will be sold for consideration of… [Read More]

Colliers Reports Strong Second Quarter Results

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Investment Management continues to scale, further increasing recurring earnings Second quarter operating highlights:   Three months ended   Six months ended   June 30   June 30 (in millions of US$, except EPS)   2022     2021     2022     2021                      … [Read More]

Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units

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All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 02, 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]

Colliers acquires leading Australian engineering services firm

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Colliers Engineering & Design expands capabilities internationally TORONTO and SYDNEY, Australia, Aug. 02, 2022 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today it has acquired a controlling interest in PEAKURBAN Pty Limited (“PEAKURBAN”), one of the fastest growing engineering companies in Australia. The PEAKURBAN senior leadership… [Read More]

Allied Announces Second-Quarter Results

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TORONTO, July 27, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its second quarter ended June 30, 2022. “Allied’s second-quarter operations were strong. Average in-place net rent per occupied square foot rose to $25.29, up 4.1% from the comparable quarter last year and 0.6% from the prior… [Read More]

StorageVault Reports 2022 Second Quarter Results and Increases Dividend

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TORONTO, July 27, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2022 second quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “Our continuing attention to and execution on the fundamentals of our business has resulted in another excellent quarter with same store NOI growth… [Read More]