HALIFAX, March 12, 2015 /CNW/ – Killam Properties Inc. (TSX: KMP) is pleased to announce that its board of directors has declared a dividend pursuant to Killam’s monthly dividend policy. The dividend of $0.05 per common share will be paid on April 15, 2015 to shareholders of record on March 31, 2015. Killam Properties Inc. offers… [Read More]
InnVest REIT Reports Fourth Quarter Results
Setting the Stage for Growth Through Organic Improvement and Acquisitions TORONTO, ONTARIO–(Marketwired – March 12, 2015) – InnVest Real Estate Investment Trust (“InnVest” or the “REIT”) (TSX:INN.UN), today announced financial results for the three months and year ended December 31, 2014. “The year 2014 was truly a transformational year for InnVest, highlighted by the internalization… [Read More]
Brookfield Residential Receives Final Court Order Approving Going Private Transaction
CALGARY, ALBERTA–(Marketwired – March 12, 2015) – Brookfield Residential Properties Inc. (“Brookfield Residential“) (TSX:BRP) (NYSE:BRP) announced today it has received the final order of the Ontario Superior Court of Justice (Commercial List) approving the plan of arrangement pursuant to which 1927726 Ontario Inc., a wholly owned subsidiary of Brookfield Asset Management Inc., acquired all of… [Read More]
Empire Company Reports Fiscal 2015 Third Quarter Results
STELLARTON, NS, March 12, 2015 /CNW/ – Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) today announced financial results for its third quarter ended January 31, 2015. In the third quarter, the Company recorded adjusted net earnings from continuing operations, net of non-controlling interest, of $120.3 million ($1.30 per diluted share) compared to $86.2… [Read More]
Edgefront Real Estate Investment Trust announces continued strong operating metrics
CALGARY, March 11, 2015 /CNW/ – Edgefront Real Estate Investment Trust (the “REIT”) (TSXV: ED.UN) announced today its results for the year ended December 31, 2014, engagement of an investor relations firm, and the March 2015 Distribution. 2014 Highlights REIT’s rental revenues derived from stable, industry leading tenants with strong earnings Conservative AFFO payout Ratio… [Read More]
Tricon Capital Group Announces Solid Fourth Quarter and 2014 Year End Results
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, March 11, 2015 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX: TCN), an asset manager and principal investor focused on the residential real estate industry in North America, announced its consolidated financial results for the fourth quarter and… [Read More]
Holloway Lodging Corporation reports strong 2014 year end results and declares quarterly dividend
/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, March 11, 2015 /CNW/ – Holloway Lodging Corporation (“Holloway”) (TSX: HLC HLC.DB HLC.DB.A) today announced financial results for the year ended December 31, 2014. All amounts are in Canadian dollars unless otherwise indicated. Readers should refer to Holloway’s consolidated financial… [Read More]
Northern Property REIT reports fourth quarter and fiscal year 2014 financial results 2014 FFO per unit increases 5.3% from 2013
CALGARY, March 11, 2015 /CNW/ – Northern Property Real Estate Investment Trust (the “REIT” or “NPR”) (NPR.UN â TSX) today announced financial results for the three months and year ended December 31, 2014. NPR reported fourth quarter funds from operations (“FFO”) per Trust Unit of $0.60, an increase of 7.1% from $0.56 in the fourth… [Read More]
Tricon Capital Group Announces Solid Fourth Quarter and 2014 Year End Results
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, March 11, 2015 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX: TCN), an asset manager and principal investor focused on the residential real estate industry in North America, announced its consolidated financial results for the fourth quarter and… [Read More]
Melcor Developments Announces 2014 Results, Declares Quarterly Dividend of $0.15
EDMONTON, ALBERTA–(Marketwired – March 11, 2015) – Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, today reported results for the fourth quarter and year ended December 31, 2014. Revenue grew 3% to a record $313.01 million in 2014 compared to $303.74 million in 2013. Strong residential market demand in Alberta… [Read More]
True North Commercial Real Estate Investment Trust Announces Accretive Acquisition
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, March 11, 2015 /CNW/ – True North Commercial Real Estate Investment Trust (the “REIT”) (TSX: TNT.UN) today announced that it has agreed to acquire 845 Prospect Street located in Fredericton, New Brunswick (the “Property”) for approximately $5.9 million. The addition of the Property to… [Read More]
True North Commercial REIT announces fourth quarter and full year 2014 results
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ Year characterized by successful execution of growth strategy TORONTO, March 11, 2015 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today announced its financial results for the fourth quarter and year ended December 31, 2014. Fourth Quarter Highlights Completed transformative and accretive… [Read More]