EDMONTON, ALBERTA–(Marketwired – Feb. 23, 2015) – Melcor Real Estate Investment Trust (TSX:MR.UN) will be releasing its financial results for the fourth quarter of 2014 by Tuesday, March 3 at 7:00 am ET. Management will host a conference call at 11:00 am ET (9:00 am MT) that morning. Interested parties are invited to join management… [Read More]
MCAN Mortgage Corporation Reports Fourth Quarter Earnings and 2014 Annual Results
Stock market symbol TSX: MKP TORONTO, Feb. 23, 2015 /CNW/ – MCAN Mortgage Corporation’s (“MCAN”, the “Company” or “we”) net income for the fourth quarter of 2014 was $7.1 million, compared to $13.0 million (on a restated basis for our change in income tax accounting noted below) in 2013. Earnings per share were $0.34, down from… [Read More]
Regal Lifestyle Communities Inc. Announces Results for the Quarter and Year ended December 31, 2014
TORONTO, Feb. 20, 2015 /CNW/ – Regal Lifestyle Communities Inc. (“Regal”) (TSX:RLC) announced today results for the quarter and year ended December 31, 2014. Q4 2014 Highlights: The acquisition of nine homes in 2014 resulted in significantly higher revenue, net operating income (“NOI”) and adjusted funds from operations (“AFFO”) by 61.3%, 59.9% and 50.5%, over the… [Read More]
Pure Industrial Real Estate Trust Announces Successful Acquisition of an Interest in a US$57 Million Portfolio
VANCOUVER, Feb. 20, 2015 /CNW/ – Pure Industrial Real Estate Trust (“PIRET”) (TSX: AAR.UN) today announced that it has successfully acquired a 51% interest in three properties located in North Carolina (the “Portfolio”), as referred to in its news release of February 9, 2015. The Portfolio was acquired for US$57 million, representing a going-in cap… [Read More]
Zaio Achieves Record Pro Forma Monthly Unit Volumes in January 2015
-All units report significant volume increase in all sectors of core valuation services- CALGARY, Feb. 20, 2015 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”), Valuation Vision LLC (“Valuation Vision”) and Axis Appraisal Management Solutions (“Axis”) (collectively the “Pro forma company”) processed record unit volumes and generated over US$3 million in revenue (unaudited)… [Read More]
Dream Office REIT Reports Strong Leasing Activity and 2014 Year-End Results
TORONTO, ONTARIO–(Marketwired – Feb. 19, 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 OFFICE REIT (TSX:D.UN) today announced its financial results for the three and twelve months ended December 31, 2014…. [Read More]
Summit Industrial Income REIT Completes Acquisition of Interest in Montreal Portfolio and Secures Attractive Financing
TORONTO, Feb. 19, 2015 Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed its previously-announced acquisition of a 50% interest in a portfolio of six light industrial properties in Montreal, adding 326,409 square feet to its portfolio for a purchase price of approximately $39.4 million. The acquisition was… [Read More]
Boardwalk REIT Announces Solid Fourth Quarter and Fiscal 2014 Financial Results: FFO per unit up 6.3% and 5.0% for the three and twelve months ended December 31, 2014, respectively. Boardwalk reiterates its 2015 financial guidance and confirms its regular monthly per unit distribution for the months of February, March, and April 2015 of $2.04 on an annualized basis.
CALGARY, Feb. 19, 2015 /CNW/ – Boardwalk Real Estate Investment Trust (“BEI.UN” – TSX) Boardwalk Real Estate Investment Trust (“Boardwalk”, “Boardwalk REIT” or the “Trust”) today announced solid financial results for the fourth quarter and fiscal year of 2014. Funds From Operations (FFO) for the fourth quarter totaled $43.7 million, or $0.84 per Trust Unit on… [Read More]
Morguard Real Estate Investment Trust Announces 2014 Annual Results
TSX: MRT.UN MISSISSAUGA, ON, Feb. 19, 2015 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today is pleased to announce its 2014 annual financial results. These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”). Highlights Funds from operations (“FFO”) for the year ended December 31, 2014 was $106.5… [Read More]
Inovalis Real Estate Investment Trust Announces February 2015 Distribution
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Feb. 19, 2015 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT“) (TSX: INO.UN) announced today that its Board of Trustees has declared the REIT’s monthly cash distribution of CDN$0.06875 per unit for the period from February 1, 2015 to… [Read More]
InterRent REIT Closes $75 Million Bought Deal Financing
OTTAWA, ONTARIO–(Marketwired – Feb. 19, 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 the closing of its previously announced public offering of 11,719,000 trust units (the “Units“) from treasury (the “Offering“), at a price of $6.40 per… [Read More]
Northwest International Healthcare Properties REIT announces February 2015 distribution
TSX-V: MOB.UN TORONTO, Feb. 18, 2015 /CNW/ – NorthWest International Healthcare Properties REIT (the “REIT”) announced today that it has declared a distribution of $0.018333 per trust unit (TSX-V: MOB.UN) for the month of February 2015. Based on the closing price of the REIT’s trust unit as of today of $2.00 per unit, this distribution represents… [Read More]