WINNIPEG, Nov.10, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) today reported its operating results for the quarter ended September 30, 2015. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with Management’s Discussion & Analysis and the financial statements for the quarter… [Read More]
Melcor Developments Announces Third Quarter Results, Declares Quarterly Dividend of $0.15
EDMONTON, ALBERTA–(Marketwired – Nov. 10, 2015) – Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended September 30, 2015. Revenue for the quarter was $87.92 million compared to $93.48 million in Q3-2014. Year-to-date revenue decreased to $171.59 million from $191.56 million as a result… [Read More]
Summit Industrial Income REIT Announces Solid Performance in Third Quarter 2015
TORONTO, Nov. 10, 2015 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today strong growth and solid operating performance for the three and nine months ended September 30, 2015. 2015 Highlights: Acquired interests in 11 properties totaling 850,646 sq. ft. for $79.0 million. Sold 75% interest in two properties for… [Read More]
Automotive Properties REIT Reports Financial Results for Period Ended September 30, 2015
TORONTO, Nov. 9, 2015 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) today announced its financial results for the period from June 1, 2015 (the REIT’s date of formation) to September 30, 2015. The REIT completed its initial public offering (“IPO”) and commenced trading on the Toronto Stock Exchange on July… [Read More]
Firm Capital Mortgage Investment Corporation announces Q3/2015 results
TSX Symbol FC TORONTO, Nov. 9, 2015 /CNW/ – Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC) today released its financial statements for the three and nine months ended September30, 2015. PROFIT & RETURN ON EQUITYIncome and profit (“Profit”) for the three months ended September 30, 2015 increased by 5% to $5,056,752 as compared to… [Read More]
CT REIT Announces a Distribution Increase and Strong Third Quarter Results
CT REIT increases annual distribution by 2.56% beginning January 2016 Announces seven new investments totaling $88 million TORONTO, Nov. 9, 2015 /CNW/ – CT Real Estate Investment Trust (CT REIT), (TSX: CRT.UN) today reported its consolidated financial results for the third quarter ended September 30, 2015. “Our growth strategy continues to contribute to our strong operating… [Read More]
Dream Industrial REIT Reports 5.1% Growth in AFFO Per Unit And 1.2% Growth in Comparative Properties Net Operating Income
TORONTO, ONTARIO–(Marketwired – Nov. 9, 2015) – This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its financial results for the three and nine months ended September 30, 2015…. [Read More]
Crombie REIT reports third quarter results
NEW GLASGOW, NS, Nov. 9, 2015 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX:CRR.UN) is pleased to report its financial results for the three and nine months ended September 30, 2015. Third Quarter 2015 Highlights (In thousands of CAD dollars, except per unit amounts and as otherwise noted). Portfolio fair value of $4.0 billion. Funds… [Read More]
InterRent Announces $21 Million Acquisition in Burlington, Ontario
OTTAWA, ONTARIO–(Marketwired – Nov. 9, 2015) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent”) announced today that it has entered into an unconditional agreement to acquire two properties, totaling 123 suites, within the city of Burlington, Ontario. The two properties,… [Read More]
Melcor REIT Announces Third Quarter 2015 Results
EDMONTON, ALBERTA–(Marketwired – Nov. 9, 2015) – Highlights Execution of our growth strategy over the past twelve months increased our portfolio GLA by 49% over Q3-2014. This contributed to growth in certain key metrics over the comparative period. Rental Revenue of $15.94 million for growth of 44% over Q3-2014 Net rental income of $9.97 million… [Read More]
Melcor REIT Announces $15.25 Million Property Acquisition from Melcor Developments Ltd.
EDMONTON, ALBERTA–(Marketwired – Nov. 9, 2015) – Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today that its board of trustees has approved the acquisition of interests in two commercial properties (together, the “Acquisitions”) representing approximately 53,207 square feet of gross leasable area (“GLA”) for an aggregate cash purchase price of approximately $15.25 million… [Read More]
Genworth MI Canada Inc. Considering Debenture Offering
/THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR TRANSMITTEDIN OR INTO THE UNITED STATES OR OVER UNITED STATES WIRE OR NEWS SERVICES./ TORONTO, Nov. 6, 2015 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) announced today that it is considering a debenture offering pursuant to its base shelf prospectus. The Company will provide… [Read More]