Significant impact of COVID-19 experienced during the second quarter, as total revenues were $27.3 million and NOI was $4.3 million All 79 hotels are open with occupancy continuing to increase during the quarter Average occupancy during Q2 2020 was 34.7%; average occupancy in July was 55.3%, which produced positive cash flow for the month RevPAR… [Read More]
Bridgemarq Real Estate Services Reports Second Quarter Results and Monthly Dividend
TORONTO, Aug. 7, 2020 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq” or the “Company”) (TSX: BRE) announced today its second quarter consolidated financial results and the approval of a monthly dividend to holders of the Company’s restricted voting shares. HIGHLIGHTS Revenue in the second quarter was $11.4 million compared to $11.8 million for the same… [Read More]
Cominar Announces 2020 Second Quarter Results and Update on COVID-19 Impact
QUÃBEC CITY, Aug. 7, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announces its results for the quarter ended June 30, 2020. 2020 SECOND QUARTER – HIGHLIGHTS FFO1 per unit of $0.19, materially impacted by COVID-19 when compared to $0.26 for the same period in 2019 Same property NOI1 decrease… [Read More]
Chartwell Announces Second Quarter 2020 Results
MISSISSAUGA, ON, Aug. 6, 2020 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the second quarter ended June 30, 2020. Highlights Maintaining strong financial position with August 6, 2020, liquidity (1) of $408.8 million, including $82.8 million of cash and cash equivalents. As leasing activities resume, occupancy declines slowing down… [Read More]
Artis Real Estate Investment Trust Releases Second Quarter Results and Provides Business Update on the Impact of COVID-19
WINNIPEG, MB, Aug. 6, 2020 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or the “REIT”) issued its financial results and achievements for the three and six months ended June 30, 2020, and provided an update on the impact of the COVID-19 pandemic and the new initiatives announced on November 1, 2018 (the “New Initiatives”). … [Read More]
Plaza Retail REIT Announces Second Quarter 2020 Results
FREDERICTON, NB, Aug. 6, 2020 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced its financial results for the three and six months ended June 30, 2020. “Despite the impact caused by the COVID-19 pandemic, our portfolio which is dominated by essential needs tenants and open-air properties, has proven to be resilient… [Read More]
Melcor REIT announces second quarter 2020 results and declares monthly distribution of $0.03 per trust unit
Highlights Rental revenue was up 4% over Q2-2019 at $18.10 million; up 6% at $37.39 million year to date Net operating income grew 3% over Q2-2019 at $11.74 million; up 6% at $23.70 million year to date Adjusted cash flow from operations (ACFO) was down 1% to $4.74 million or $0.16 per unit over Q2-2019, and… [Read More]
Inovalis Real Estate Investment Trust Announces the Release Date for Q2 2020 Financial Results and Conference Call
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 6, 2020 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) will be releasing its financial results for the quarter ended June 30, 2020, on Wednesday, August 12, 2020. Senior management will be hosting a conference call to… [Read More]
Colliers International Reports Second Quarter Results
Investment Management, Outsourcing & Advisory demonstrate resilience, diversification Operating highlights: Three months ended Six months ended June 30 June 30 (in millions of US$, except EPS) 2020 2019 2020 2019 Revenues $ 550.2 $… [Read More]
Brookfield Property Partners Reports Second Quarter 2020 Results
All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 06, 2020 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPYU; TSX: BPY.UN) (âBPYâ) today announced financial results for the quarter ended June 30, 2020. âThe second quarter of 2020 brought unprecedented challenges to the commercial real estate industry, in… [Read More]
SmartCentres Real Estate Investment Trust Releases Second Quarter Results for 2020
TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX: SRU.UN) is pleased to report its financial and operating results for the second quarter ended June 30, 2020. âNotwithstanding short-term data points, our locations have not changed, the highways and transit to them have not changed, the visibility of… [Read More]
WPT Industrial REIT Announces Second Quarter 2020 Results and Provides Operational Update
TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the âREITâ) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three and six months ended June 30, 2020. All dollar amounts are stated in U.S. funds. Highlights for the three months ended June 30, 2020: Collected 99.5% of billed rent… [Read More]
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