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Kontrol Technologies Announces First Quarter 2026 Financial Results

May 18, 2026 By Business Wire

TORONTO–(BUSINESS WIRE)–$KNR #buildings—Kontrol Technologies Corp. (CBOE.CA:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol Technologies” or “Kontrol” or “Company”) announces its results for the three months ended March 31, 2026. A complete set of the Financial Statements and Management’s Discussion & Analysis have been filed on SEDAR (www.sedarplus.ca).


First Quarter 2026 Highlights

  • Revenues for the three months ended March 31, 2026 were $1.3 million, compared to $1.5 million for the same quarter in the prior year.
  • Gross margin for the three months ended March 31, 2026 was 58%, compared to 54% for the same quarter in the prior year.
  • Adjusted EBITDA for the three months ended March 31, 2026 was negative $(133,363) compared to $(228,521) for the same quarter in the prior year.
  • Net loss for the three months ended March 31, 2026 was $432,617 compared to net loss of $1.1 million for the same quarter in the prior year. Q1 2026 net loss includes unrealized loss on revaluation of marketable securities.
  • As at March 31, 2026 the Company’s aggregate cash and marketable securities balance was $7.6 million.
  • As at March 31, 2026 the Company had no outstanding interest-bearing bank debt.

Q1 2026 Financial Summary

Financial Results

Three months ended

(Unaudited)

March 31, 2026

March 31, 2025

Revenue

$1,296,862

$1,493,383

Gross profit

$749,956

$807,804

Net loss

$(432,617)

$(1,145,833)

 

 

 

Basic and diluted EPS

$(0.01)

$(0.02)

 

 

 

Add/Deduct for Adjusted EBITDA:

 

 

Amortization and depreciation

$190,558

$156,052

Net finance income

$(23,776)

$(30,208)

Revaluation of marketable securities

$132,472

$742,995

Share based compensation

–

$48,473

Adjusted EBITDA

$(133,363)

$(228,521)

Adjusted EBITDA is a non-International Financial Reporting Standards (“IFRS”) measure used by management that is not defined by IFRS. Adjusted EBITDA does not have a standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other issuers. Management believes that Adjusted EBITDA provides meaningful and useful financial information as these measures demonstrate the operating performance of the business excluding non-cash charges.

“Adjusted EBITDA” is calculated as net income or loss before interest, income taxes, amortization, and depreciation, share based compensation, acquisition related expenses, listing expense, gain or loss on sale of assets, revaluation and impairment of assets.

Readers are cautioned that Adjusted EBITDA should not be construed as an alternative to net income as determined under IFRS; nor as an indicator of financial performance as determined by IFRS; nor a calculation of cash flow from operating activities as determined under IFRS; nor as a measure of liquidity and cash flow under IFRS. The Company’s method of calculating Adjusted EBITDA may differ from methods used by other companies and, accordingly, the Company’s Adjusted EBITDA may not be comparable to similar measures used by any other company.

Kontrol Technologies Corp.

Kontrol Technologies Corp. is a leader in smart buildings and energy efficiency solutions. Through a combination of technology-driven services and strategic acquisitions, Kontrol delivers integrated solutions that reduce energy consumption, lower carbon emissions, and enhance building performance for commercial and residential properties across Canada. Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

Neither CIRO nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company’s product and service offering as expected; and government and regulatory factors impacting the energy conservation industry.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

Contacts

Paul Ghezzi, Chief Executive Officer

Kontrol Technologies Corp.

www.kontrolcorp.com
(905) 766.0400

Allied Announces May 2026 Distribution

May 15, 2026 By Globenewswire Tagged With: TSX:AP.UN

TORONTO, May 15, 2026 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.06 per unit for the month of May 2026, representing $0.72 per unit on an annualized basis. The distribution will be payable on June 15, 2026, to unitholders of record as… [Read More]

CAPREIT Announces May 2026 Distribution

May 15, 2026 By Globenewswire Tagged With: TSX:CAR.UN

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, May 15, 2026 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its May 2026 monthly distribution in the amount of $0.12916 per Unit (or $1.55 on an annualized basis). The May 2026 distribution… [Read More]

Flagship Communities Real Estate Investment Trust Announces May 2026 Cash Distribution

May 15, 2026 By Globenewswire Tagged With: TSX:MHC.U, TSX:MHC.UN

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, May 15, 2026 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX:MHC.U) (TSX:MHC.UN) today announced a cash distribution of US$0.0545 per REIT unit for the month of May 2026, representing US$0.654 per REIT unit on an annualized… [Read More]

Strategic Storage Trust VI, Inc. Recognized as Top Performer Among Lifecycle REITs in Recent Stanger Industry Performance Data

May 15, 2026 By Business Wire

LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), announced that it was recognized by Robert A. Stanger & Co., Inc. (“Stanger”) as the top performing Lifecycle REIT over a three-year period as of March 31, 2026. SST VI achieved a total return of approximately 13.0% as published in the Q1 2026 Non-Listed REIT edition of the Stanger Report.


“We are proud of the continued growth and performance of our platform and the value we strive to deliver to our stockholders through a disciplined investment and operational strategy,” said H. Michael Schwartz, President and CEO of SST VI. “We believe this recognition reflects the strength and resilience of the self-storage sector, the quality of our portfolio and the dedication of our team across the organization. During the pandemic-era boom, when much of the sector was characterized by aggressive development assumptions and compressed valuations, we focused on strategically positioning our portfolio — targeting underserved growth markets in the U.S. and expanding into Canada through our sponsor’s platform. Being recognized as a top performer among Lifecycle REITs reinforces our long-term approach to building a high-quality platform focused on operational excellence and sustained value creation for investors.”

Robert A. Stanger & Co., Inc. (“Stanger”) tracks the performance of non-traded REITs, including publicly registered and private placement Net Asset Value (“NAV”) REITs and Lifecycle REITs, through its quarterly total return indices and performance rankings. The information included in this press release is based on industry data published by Stanger and reported by AltsWire in May 2026. For more information, visit Robert A. Stanger & Co., Inc. (https://www.rastanger.com/).

About Strategic Storage Trust VI, Inc. (SST VI):

SST VI is a public non-traded REIT that elected to qualify as a REIT for federal income tax purposes. SST VI’s primary investment strategy is to invest in income-producing and growth self-storage facilities and related self-storage real estate investments in the United States and Canada. As of May 14, 2026, SST VI has a portfolio of 13 operating properties in the United States comprising approximately 9,015 units and 1,079,395 rentable square feet (including parking); 12 properties with approximately 11,185 units and 1,158,015 rentable square feet (including parking) in Canada, joint venture interests in four operational and one development property in two Canadian provinces (Ontario and Québec) and one wholly owned development property in Florida.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA) is a self-managed REIT with a fully integrated operations team of more than 1,000 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary, SmartStop REIT Advisors, LLC, also sponsors other self-storage programs and, through its Managed Platform, offers third-party management services in the U.S. and Canada. As of May 14, 2026, SmartStop has an owned or managed portfolio of nearly 460 operating properties in 35 states, Washington, D.C., and Canada, comprising over 270,000 units and more than 35 million rentable square feet. SmartStop and its affiliates own or manage 50 operating self-storage properties across four provinces in Canada, which total approximately 43,400 units and 4.3 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak

Senior VP of Corporate Finance and Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Media Relations Contact:
Spotlight Marketing Communications

949-427-1391

Julie@spotlightmarcom.com

Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of May, 2026

May 15, 2026 By Business Wire

Not for distribution to U.S. News Wire Services or dissemination in the United States.


TORONTO–(BUSINESS WIRE)–#ChoiceProperties–Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of May, 2026 of $0.065 per trust unit, representing $0.78 per trust unit on an annualized basis, payable on June 15, 2026 to Unitholders of record at the close of business on May 29, 2026.

About Choice Properties Real Estate Investment Trust

Choice Properties is Canada’s largest real estate investment trust, guided by a clear purpose: to create places where people thrive. This is how we build enduring value. As a national owner, operator, and developer of high-quality commercial and residential real estate, we go beyond managing assets. We create places that strengthen how tenants and communities live, work, and connect. Our platform is built on industry leadership in sustainability, community engagement, and social impact, embedded across how we operate, build, and grow. As a trusted steward of capital, we are committed to disciplined execution, long-term value creation, and responsible growth. Everything we do is guided by our core values of Care, Ownership, Respect, and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedarplus.ca.

Contacts

For further information:

Erin Johnston

Chief Financial Officer

Choice Properties REIT

(647) 294-8724

Erin.Johnston@choicereit.ca

Real’s Monthly Agent Survey: Repeat Clients and Referrals Remain the Primary Driver of Agent Business

May 15, 2026 By Business Wire

Survey shows most agents rely on relationships over paid marketing to generate new business

MIAMI–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a leading real estate technology platform redefining the industry through innovation and culture, today released results from its April 2026 Agent Survey. The findings reinforce a consistent trend seen across prior Real surveys: repeat clients and referrals remain the dominant lead source for most agents, ahead of paid and digital lead generation channels.


Agents also reported a rebound in optimism following March’s decline, while transaction activity continued to stabilize modestly despite ongoing affordability challenges.

“Technology continues to change how agents market themselves, but real estate is still fundamentally a relationship business,” said Jason Cassity, Chief Growth Officer of Real. “Across multiple surveys, we continue to see referrals and repeat clients outperform nearly every other lead source, even as agents increase their use of digital marketing tools.”

Key Survey Findings: Market Trends and Insights

  • Agent Optimism Rebounds Following March Pullback: Real’s Agent Optimism Index, which measures agents’ 12-month forward outlook, increased to 64.0 in April from 62.0 in March. The index remains comfortably above the 50 threshold that signals a net positive outlook. Fifty-five percent (55%) of agents reported feeling more optimistic than the prior month, including 13% who described themselves as significantly more optimistic.
  • Transaction Activity Shows Modest Improvement: Real’s Transaction Growth Index, which tracks home sales activity reported by agents within their local markets, increased slightly to 50.6 in April from 50.3 in March. While 33% of agents reported fewer transactions compared to April 2025, another 33% saw a year-over-year increase, and 34% reported stable activity.

    Note: This index reflects agents’ perceptions of local market trends and is not indicative of Real’s company-specific transaction volume. Index scores are weighted on a 0-100 point scale, with scores above 50 indicating year-over-year growth and below 50 signaling a decline.
  • Buyer-Friendly Conditions Persist: Forty-one percent (41%) of agents said their local market favors buyers, largely consistent with 40% in March. Meanwhile, 26% reported seller-favorable conditions, while 33% described their market as balanced.
  • Affordability Remains the Biggest Challenge for Buyers: Affordability remained the top challenge for buyers in April, cited by 45% of agents, consistent with March. Economic uncertainty followed at 28%, while inventory concerns rose slightly to 17%.

Key Survey Findings: Lead Generation and Marketing Trends

  • Most Agents Continue to Operate with Lean Marketing Budgets: Despite the growing number of marketing tools and platforms available to agents, most respondents reported relatively modest marketing budgets for 2026. Seventy-five percent (75%) of agents said that they will spend less than $10,000 on marketing and lead generation this year, including 40% who plan to spend $2,500 or less.
  • Referrals and Repeat Clients Remain the Dominant Lead Source.

    • When asked which lead generation strategy delivers the best results for their business, 60% of agents identified referrals and repeat clients as their most effective source of business. Nearly 60% of agents also reported that at least half of their overall business comes from referrals and repeat clients.
    • By comparison, only 17% of agents identified social media as their most effective lead source, while just 8% pointed to online lead portals. Other lead generation strategies, including geofarming and pay-per-click advertising, typically accounted for 10% or less of business volume for most agents surveyed.
  • The findings are broadly consistent with prior Real surveys and suggest that, despite the growing number of digital marketing tools available to agents, referrals and repeat clients remain the primary drivers of new business across the industry.

A full summary of these results can be found on Real’s investor relations website at https://investors.onereal.com/.

About the Survey

The Real Brokerage April 2026 Agent Survey included responses from 569 real estate agents across the United States and Canada and was conducted between April 24, 2026 and May 6, 2026. Responses to questions regarding transaction growth and agent optimism were calibrated on a 0-100 point index scale, with readings above 50 indicating an improving trend, whereas readings below 50 indicate a declining trend. Responses are meant to capture industry-level information and are not meant to serve as an indication of Real’s company-specific growth trends. Additionally, given the smaller sample size, there can be greater variability in Canada index results on a month-to-month basis.

About Real

Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence in all 50 states throughout the U.S. and Canada, Real supports over 33,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses.

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding the residential real estate market in the U.S. and Canada.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to expectations regarding market conditions. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets and economic and industry downturns, and those risk factors discussed under the heading “Risk Factors” in the Company’s Annual Information Form dated March 4, 2026, and “Risks and Uncertainties” in the Company’s Quarterly Management’s Discussion and Analysis for the period ended March 31, 2026, copies of which are available under the Company’s SEDAR+ profile at www.sedarplus.ca. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Contacts

Investor inquiries, please contact:

Loren Irwin

Director, Investor Relations and Financial Reporting

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

press@therealbrokerage.com
201.564.4221

Colliers Announces Normal Course Issuer Bid

May 13, 2026 By Globenewswire Tagged With: TSX:CIGI

TORONTO, May 13, 2026 (GLOBE NEWSWIRE) —  Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (“Colliers”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice of its intention to make a normal course issuer bid (the “NCIB”) with respect to its outstanding subordinate voting shares (the “Subordinate Voting Shares”). The notice… [Read More]

Allied Announces Voting Results from the 2026 Annual Meeting of Unitholders

May 12, 2026 By Globenewswire Tagged With: TSX:AP.UN

TORONTO, May 12, 2026 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today the results of matters voted on at its annual meeting of the holders (the “Unitholders”) of units and special voting units of Allied (collectively, “Units”) held on May 12, 2026 (the “Meeting”). All of the nominees for election… [Read More]

Flagship Communities Real Estate Investment Trust Expands Presence in Ohio

May 12, 2026 By Globenewswire Tagged With: TSX:MHC.U, TSX:MHC.UN

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, May 12, 2026 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (TSX:MHC.U) (TSX:MHC.UN) (“Flagship” or the “REIT”) today announced it expanded its presence in northern Ohio with a strategic acquisition of a manufactured housing community (“MHC”) for total consideration of… [Read More]

Colliers to partner with specialist engineering and design firm

May 12, 2026 By Globenewswire Tagged With: TSX:CIGI

Expands aviation, mission critical, and federal expertise across the U.S. TORONTO and OKLAHOMA CITY, May 12, 2026 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), today announced that the U.S. division of its Engineering segment has entered into a definitive agreement to partner with Frankfurt-Short-Bruza Associates P.C. (“FSB”)…. [Read More]

Nexus Industrial REIT Announces First Quarter 2026 Financial Results

May 11, 2026 By Globenewswire Tagged With: TSX:NXR-UN.TO

Net Income of $32.2 million; NOI(1) growth of 5.4% to $33.8 million; Normalized AFFO payout ratio(1) of 96.6% TORONTO, May 11, 2026 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the first quarter ended March 31, 2026. “In the first quarter we advanced our journey as Canada’s industrial… [Read More]

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