TORONTO, Nov. 10, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and nine months ended September 30, 2021 (“Q3 2021”) and changes to its Board of Directors. Q3 2021 Highlights Funded $176.8 million on new and existing mortgages versus repayments of $235.6 million, ending… [Read More]
RioCan's Third Quarter Results Driven by Robust Portfolio Fundamentals
Net income of $137.6 million and FFO of $0.40 per unit Committed occupancy increased to 96.4% and blended leasing spread was 7.5% Capital recycling gains momentum with $880.5 million in of dispositions for 2021 High GRESB 2021 assessment scores earn top ranks, including 5 Star rating TORONTO, Nov. 09, 2021 (GLOBE NEWSWIRE) — RioCan Real… [Read More]
Melcor Developments announces third quarter results, declares quarterly dividend of $0.12 per share, and announces CEO succession plan
EDMONTON, Alberta, Nov. 09, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third quarter and nine months ended September 30, 2021. Company year-to-date revenue was up 13% to $165.03 million compared to 2020. Community Development division revenue increased 30% over the same… [Read More]
Crombie REIT Announces Third Quarter 2021 Results
Commitment to long-term strategy driving positive operating and financial results NEW GLASGOW, NS, Nov. 9, 2021 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced results for its third quarter ended September 30, 2021. Management will host a conference call to discuss the results at 12:00 p.m. (EST), November 10, 2021. “Crombie’s steadfast… [Read More]
Plaza Retail REIT Announces Third Quarter 2021 Results
FREDERICTON, NB, Nov. 9, 2021 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced its financial results for the three and nine months ended September 30, 2021. “We are very pleased with our solid performance,” said Michael Zakuta, President and CEO. “Our portfolio of open-air centres focused on essential needs retail continues… [Read More]
CAPREIT Reports Continued Growth and Strong Operating Performance in Third Quarter of 2021
TORONTO, Nov. 09, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today continuing strong operating and financial results for the three and nine months ended September 30, 2021. HIGHLIGHTS: Three Months Ended Nine Months Ended September 30, September 30, 2021 2020 2021 2020 (5) Portfolio… [Read More]
Minto Apartment REIT Reports 2021 Third Quarter Financial Results and Announces Distribution Increase
â 4.4% distribution increase reflects positive business outlook â OTTAWA, ON, Nov. 9, 2021 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced its financial results for the third quarter (“Q3 2021”) and nine months ended September 30, 2021. The Condensed Consolidated Interim Financial Statements and Management’s Discussion and Analysis… [Read More]
American Hotel Income Properties REIT LP Reports Third Quarter 2021 Results
Revenues increased to $68.4 million compared to $63.6 million in Q2 2021 Q3 ADR of $118.49 matched Q3 2019 levels, Occupancy of 68.8% & RevPAR of $81.50 Q3 2021 diluted FFO per unit of $0.321; or $0.16 per unit excluding non-recurring items New distribution policy adopted; reinstating monthly distributions in March 2022 at an annual… [Read More]
BSR REIT Announces Superior Q3 2021 Financial Results
â NAV increases 41% over the prior year â LITTLE ROCK, AR and TORONTO, ON, Nov. 9, 2021 /CNW/ – BSR Real Estate Investment Trust (“BSR”, or the “REIT”) (TSX: HOM.U) (TSX: HOM.UN) today announced its financial results for the three and nine months ended September 30, 2021 (“Q3 2021” and “YTD 2021”, respectively). All comparisons… [Read More]
Tricon Reports Record Earnings and SFR Acquisition Pace in Q3 2021
TORONTO, Nov. 9, 2021 /CNW/ – Tricon Residential Inc. (NYSE: TCN) (TSX: TCN) (“Tricon” or the “Company”), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, announced today its consolidated financial results for the three and nine months ended September 30, 2021. The Company also provided an… [Read More]
PROREIT Completes Acquisition of 16 Industrial Properties in Atlantic Canada and Winnipeg for $163.2 Million
MONTRÃAL, Nov. 9, 2021 /CNW Telbec/ – PRO Real Estate Investment Trust (TSX: PRV.UN) (“PROREIT” or the “REIT”) today announced the completion of its previously announced acquisition of a 100% interest in 15 industrial properties located in Atlantic Canada and one industrial property in Winnipeg, Manitoba, for an aggregate purchase price of $163.2 million (excluding… [Read More]
Bridgemarq Real Estate Services Reports Third Quarter Results and Monthly Dividend
TORONTO, Nov. 9, 2021 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq” or the “Company”) (TSX: BRE) today announced its third quarter consolidated financial results and the approval of a monthly dividend to holders of the Company’s restricted voting shares. HIGHLIGHTS Revenue in the third quarter was $12.4 million, an increase of 16% over the… [Read More]
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