TORONTO, Aug. 12, 2020 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV: FCD.UN) is pleased to report today its financial results for the three and six months ended June 30, 2020. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 76 commercial properties with a total GLA of 4,244,595 square feet (2,350,625 square feet on an… [Read More]
PROREIT Announces Second Quarter 2020 Results
Property revenue of $17.2 million, 26.9% increase from Q2 2019 Net operating income1 of $9.8 million, 15.7% increase from Q2 2019 Net loss and comprehensive loss of $2.8 million AFFO1 of $5.2 million, 7.6% increase from Q2 2019 Successful renewal of 76% of leases maturing in 2020 to date Occupancy rate firm at 98.1% Secured… [Read More]
Invesque Inc. Reports Second Quarter 2020 Results and Upcoming Transition of Property Management of Medical Office Portfolio to Jones Lang LaSalle
TORONTO, Aug. 12, 2020 /CNW/ – Invesque Inc. (TSX: IVQ.U and IVQ) (the “Company” or “Invesque”) today announced its results for the three and six months ended June 30, 2020. The Company also announced the upcoming transition of property management and leasing services for the Company’s medical office buildings (“MOB”) portfolio to Jones Lang LaSalle (“JLL”). MOB… [Read More]
BSR REIT Announces Strong Q2 2020 Financial Results
– Collections remain strong and portfolio repositioning continues – LITTLE ROCK, Ark. and TORONTO, Aug. 12, 2020 /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 six months ended June 30, 2020 (“Q2 2020” and “H1 2020”, respectively). All comparisons… [Read More]
Inovalis Real Estate Investment Trust Announces Financial Results for the Second Quarter of 2020
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 12, 2020 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today reported financial results for the quarter ended June 30, 2020. Inovalis REIT is in a stable and advantageous position following the COVID-19 crisis of Q2, 2020. … [Read More]
H&R REIT Announces Second Quarter 2020 Results and COVID-19 Update
TORONTO, Aug. 12, 2020 /CNW/ – H&R Real Estate Investment Trust (“H&R” or “the REIT”) (TSX: HR.UN) announces its financial results for the three and six months ended June 30, 2020. Tom Hofstedter, President & CEO of H&R REIT said “In these exceptional circumstances, we are pleased to report operating and financial results that reflect… [Read More]
Terra Firma Capital Corporation Reports Second Quarter 2020 Financial Results
All amounts are stated in United States dollars unless otherwise indicated. TORONTO, Aug. 12, 2020 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the âCompanyâ), a real estate finance company, today released its financial results for the three and six-month periods ended June 30, 2020. Q2 2020 Financial Highlights: Total Investments(1)… [Read More]
Melcor Developments announces second quarter results, declares quarterly dividend of $0.08 per share
EDMONTON, Alberta, Aug. 11, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the second quarter and six months ended June 30, 2020. Revenue was down 5% to $39.05 million compared to Q2-2019. Year to date revenue was down 4% to $72.82 million… [Read More]
CAPREIT Reports Continued Growth and Strong Operating Performance in Second Quarter of 2020
TORONTO, Aug. 11, 2020 (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 six months ended June 30, 2020. HIGHLIGHTS: Three Months Ended Six Months Ended June 30, June 30, 2020 2019(5) 2020 … [Read More]
Firm Capital American Realty Partners Trust Reports Solid Second Quarter, Trust Name Change, 91% Rent Collections, New Trustee and Increased Current Nav of $9.55 Per Trust Unit
TORONTO, Aug. 11, 2020 /CNW/ – Firm Capital American Realty Partners Trust (“the “Trust“), (TSXV: FCA.U) (TSXV: FCA.UN) is pleased to report its financial results for the three and six months ended June 30, 2020 as well as other various trust matters: TRUST NAME CHANGE:To more reflect the investment activities of the Trust and its… [Read More]
Summit Industrial Income REIT Reports Continued Strong Performance in Second Quarter 2020
TORONTO, Aug. 11, 2020 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced solid operating and financial performance for the three and six months ended June 30, 2020. Highlights: Revenues increased by 35.9% in second quarter and 36.8% year-to-date on portfolio growth, high stable occupancies and rent increases. Occupancy strong at… [Read More]
Minto Apartment REIT Reports Second Quarter 2020 Financial Results and Announces Distribution Increase
â Board of Trustees approves 3.4% increase to monthly distribution, reflecting strong AFFO1 growth and conservative AFFO1 payout ratio â OTTAWA, ON, Aug. 11, 2020 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced its financial results for the second quarter (“Q2 2020”) and six months ended June 30, 2020. The… [Read More]
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