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]
Artis Releases Second Quarter Results: Reports Strong FFO per Unit Growth of 11.4%, Payout Ratio Improves to 73.0%
WINNIPEG, Aug. 6, 2015 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or “the REIT”) issued its financial results and achievements for the three and six month periods ended June 30, 2015. All amounts are in thousands of Canadian dollars, unless otherwise noted. “Our second quarter results demonstrate the stability of our portfolio and… [Read More]
American Hotel Income Properties REIT LP completes portfolio acquisition of three Marriott-branded, select-service hotels in Florida for US$30.8 Million
VANCOUVER, Aug. 6, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the completion of its previously announced acquisition of a portfolio of three Marriott-branded, select-service hotel properties (the “Acquisition Properties“) for an aggregate purchase price of US$30.8 million excluding approximately US$3.2 million for brand-mandated property improvement plans… [Read More]
H&R REIT Reports an Increase of 4% in FFO Per Unit for the Second Quarter ended June 30, 2015
TORONTO, Aug. 6, 2015 /CNW/ – H&R Real Estate Investment Trust (“H&R REIT” or the “REIT”) and H&R Finance Trust (collectively, “H&R”) (TSX: HR.UN; HR.DB.D; HR.DB.E and HR.DB.H) today announced its financial results for the three and six months ended June 30, 2015. Summary of Significant 2015 Activity During the 18 months ended June 30,… [Read More]
Cominar announces redemption of Series D Debentures
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ QUÃBEC CITY, Aug. 6, 2015 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar“) (TSX: CUF.UN) has exercised today its right to redeem its Series D 6.5% convertible unsecured subordinated debentures maturing on September 30, 2016 (the “Series D Debentures“) in accordance with the… [Read More]
Cominar Remains Focused
QUÃBEC, August 6, 2015 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today its results for the second quarter of fiscal year 2015. Highlights for the Quarter Ended June 30, 2015 Increased net operating income of 26.2% Closing of a public offering of debentures for $300.0 M Subsequent… [Read More]
Dream Global REIT Completes 600,000 Square Feet of Leasing Including a Major Renewal With Deutsche Post as German Office Market Continues Strong Performance
TORONTO, ONTARIO–(Marketwired – Aug. 5, 2015) – Editors Note: There is a photo associated with this press release. DREAM GLOBAL REIT (TSX:DRG.UN) today reported its financial results for the quarter ended June 30, 2015. Dream Global REIT’s management team will be holding a conference call tomorrow, August 6, 2015 at 2:00 p.m. (ET). Q2 2015… [Read More]
Killam Properties Inc. Announces Strong Q2-2015 Results, Including 16.7% Growth in FFO Per Share, and $16.7 Million in Acquisitions
HALIFAX, NOVA SCOTIA–(Marketwired – Aug. 5, 2015) – Killam Properties Inc. (“Killam” or the “Company”) (TSX:KMP) announced its financial and operating results for the second quarter ended June 30, 2015. Q2 Highlights Generated funds from operations (“FFO”) per share (diluted) of $0.21, a 16.7% increase from $0.18 in Q2-2014. Earned adjusted funds from operations (“AFFO”)… [Read More]