Highlights Creation of a national platform for both NPR and True North unitholders with significant scale and portfolio diversification NPR to be renamed Northview Apartment Real Estate Investment Trust and listed on the TSX under the proposed symbol NVU.UN Northview portfolio to consist of approximately 25,000 residential suites across Canada The transactions have received unanimous… [Read More]
Northern Property REIT to Create $3 Billion National Multi-Family REIT Through Acquisition of True North Apartment REIT and $535MM Multi-Family Portfolio from Starlight Investments Ltd.
Highlights – Creation of a national platform for both NPR and True North unitholders with significant scale and portfolio diversification – NPR to be renamed Northview Apartment Real Estate Investment Trust and listed on the TSX under the proposed symbol NVU.UN – Northview portfolio to consist of approximately 25,000 residential suites across Canada – The… [Read More]
InnVest REIT Reports Continuing Solid Progress in Second Quarter 2015
Same-Hotel Results Strengthen, Renewed Focus on Growth TORONTO, Aug. 10, 2015 /CNW/ – InnVest Real Estate Investment Trust (“InnVest” or the “REIT”); (TSX:INN.UN) today announced financial results for the three and six months ended June 30, 2015. SECOND QUARTER 2015 HIGHLIGHTS: Same-hotel RevPAR up 4.0% through a combination of rate and occupancy gains; Same-hotel GOP… [Read More]
/R E P E A T — BTB will announce its 2015 second quarter financial results on Monday August 10, 2015/
MONTRÃAL, July 13, 2015 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“) announced today that it will release its financial results for the second quarter 2015, on Monday, August 10, 2015, after closing of the markets. On Tuesday August 11, 2015, at 10:00 a.m. (ET) management will hold a conference call to present BTB’s financial… [Read More]
Automotive Properties REIT Completes Debt Strategy
TORONTO, Aug. 7, 2015 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (“Automotive Properties REIT” or the “REIT”) announced today pursuant to the debt strategy outlined in the REIT’s IPO Prospectus, the REIT has completed the interest rate hedging program related to the existing Credit Facilities. The REIT’s total Credit Facilities of $193.8 million… [Read More]
First Capital Realty Issues Its Fifth Corporate Responsibility and Sustainability (CRS) Report
TORONTO, Aug. 7, 2015 /CNW/ – First Capital Realty Inc. (TSX:FCR) (the “Company”), Canada’s leading owner, developer and manager of grocery anchored urban properties, announced today the release of the Company’s fifth Corporate Responsibility and Sustainability (CRS) Report that complies with the Global Reporting Initiative⢠(GRIâ¢) Sustainability Reporting Guidelines. First Capital Realty’s 2014 CRS Report… [Read More]
Melcor REIT Announces Second Quarter 2015 Results
EDMONTON, ALBERTA–(Marketwired – Aug. 7, 2015) – Highlights Execution of our growth strategy over the past twelve months increased our portfolio GLA by 49% over Q2-2014. This contributed to growth in certain key metrics over the comparative period Rental Revenue of $16.32 million for growth of 47% over Q2-2014 Net rental income of $9.88 million… [Read More]
Slate Office REIT Reports Strong Second Quarter 2015 Results and Announces the Appointment of John O’Bryan as Chair of the Board of Trustees
Highlights for the Quarter Completed over 184,000 square feet of leasing transactions Core – FFO per unit increased 5% compared to three months ended in the prior year Rental rates for new leases increased 15.2% above building in-place rent Rental rates for renewed leases increased 21.9% over expiring rents Completion of the $430 million Fortis… [Read More]
Firm Capital Property Trust Announces Solid Quarterly Results
TORONTO, Aug. 6, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its consolidated interim financial results for the three months and six months ended June 30, 2015. SECOND QUARTER HIGHLIGHTS Three Months Ended June 30, 2015 FFO and AFFO of $1.1 million and $0.98 million is a… [Read More]
Smart Real Estate Investment Trust Releases Second Quarter 2015 Results and Announces Distribution Increase
TORONTO, ONTARIO–(Marketwired – Aug. 6, 2015) – Smart Real Estate Investment Trust (“SmartREIT” or “the Trust”) (TSX:SRU.UN) is pleased to report strong results for the second quarter ended June 30, 2015. Highlights for the quarter: On May 28, 2015, SmartREIT completed a transformative transaction involving a very significant portfolio of real estate and the SmartCentres’… [Read More]
Dream Office REIT Reports Solid Second Quarter 2015 Results and Robust Leasing Activity
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. TORONTO, ONTARIO–(Marketwired – Aug. 6, 2015) – DREAM OFFICE REIT (TSX:D.UN) or (the “REIT” or the “Trust”) today announced its financial results for the three and… [Read More]
Northern Property REIT reports record FFO for the second quarter of 2015
FFO per unit increases 4.9% from 2014 CALGARY, Aug. 6, 2015 /CNW/ – Northern Property Real Estate Investment Trust (the “REIT” or “NPR”) (NPR.UN â TSX) today announced financial results for the three and six months ended June 30, 2015. NPR reported second quarter 2015 funds from operations (“FFO”) per Trust Unit of $0.64, an increase… [Read More]