/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Nov. 11, 2020 /CNW/ – Tricon Residential Inc. (TSX: TCN) (“Tricon” or the “Company”), a rental housing company focused on serving the middle-market demographic in North America, announced today its consolidated financial results for the three and nine months ended… [Read More]
Invesque Inc. Reports Third Quarter 2020 Results, Amendment to Corporate Credit Facility and New Framework for Symphony Relationship
TORONTO, Nov. 11, 2020 /CNW/ – Invesque Inc. (TSX: IVQ.U) (TSX: IVQ) (the “Company” or “Invesque”) today announced its results for the three and nine months ended September 30, 2020. The Company is also pleased to announce the amendment of Invesque’s corporate credit facility and provide an update on the Company’s relationship with Symphony Care Network… [Read More]
PROREIT Announces Third Quarter 2020 Results
Property revenue of $17.3 million, 30.7% increase from Q3 2019 Net operating income1 of $10.4 million, 22.0% increase from Q3 2019 Net loss and comprehensive loss of $0.7 million AFFO1 of $5.9 million, 15.6% increase from Q3 2019 AFFO payout ratio1 of 76.8%, 30.8% improvement from Q3 2019 Successful renewal of 92.5% of leases maturing in… [Read More]
Fronsac Announces Public Offering of Units, Private Placement of Convertible Debentures and Agreement to Acquire 5 Grocery Store Properties in Québec, Nova Scotia and Ontario
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ MONTREAL, Nov. 10, 2020 /CNW Telbec/ – (TSXV: FRO.UN) Fronsac Real Estate Investment Trust (the “REIT” or “Fronsac“) is pleased to announce that it has agreed to acquire five grocery store properties leased to affiliated brands of Loblaws⢠located in Beauport,… [Read More]
Melcor Developments announces third quarter results, declares quarterly dividend of $0.08 per share
EDMONTON, Alberta, Nov. 10, 2020 (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, 2020. Revenue was up 35% to $73.05 million compared to Q3-2019. Year to date revenue was up 12% to $145.87 million… [Read More]
BSR REIT Announces Strong Q3 2020 Financial Results
– Same Community NOI increased 4.9% in the quarter – LITTLE ROCK, Ark. and TORONTO, Nov. 10, 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 nine months ended September 30, 2020 (“Q3 2020” and “YTD 2020”, respectively). All comparisons in… [Read More]
Minto Apartment REIT Reports Third Quarter 2020 Financial Results
â Solid growth in rental revenue and NOI1 despite lower demand for furnished suites â OTTAWA, ON, Nov. 10, 2020 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced its financial results for the third quarter (“Q3 2020”) and nine months ended September 30, 2020. The Condensed Consolidated Interim Financial Statements… [Read More]
Summit Industrial Income REIT – Announces C$170 Million Bought Deal Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) — Summit Industrial Income REIT (âSummitâ or the âREITâ) (TSX: SMU.UN) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (collectively, the “Underwriters“) to sell,… [Read More]
BSR REIT Announces the Sale of Six Noncore Properties for $130 Million
LITTLE ROCK, Ark. and TORONTO, Nov. 10, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U) (TMX: HOM.UN) announced today that it has sold six noncore properties, comprising 1,483 apartment units, as part of the REIT’s portfolio enhancement growth strategy and capital recycling program. The REIT received total gross proceeds of $130… [Read More]
RESAAS Announces Blimp Homes as Lead Generation Partner
VANCOUVER, BC, Nov. 10, 2020 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce it has signed a Strategic Alliance Agreement with Blimp Homes (Blimp). Blimp is a collaboration solution provider for both consumers and professionals servicing the real estate industry. Blimp provides an… [Read More]
BTB Demonstrates the Resiliency of its Portfolio and Operating Strategy for a Second Consecutive Quarter
MONTRÃAL, Nov. 10, 2020 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) releases today its financial results for the third quarter ended September 30th, 2020 compared to the third quarter of 2019 and announces the following highlights and information: HIGHLIGHTS OF THE THIRD QUARTER ENDED, SEPTEMBER 30th, 2020 Increase in… [Read More]
American Hotel Income Properties REIT LP Reports Third Quarter 2020 Results
All hotels currently open, with Q3 2020 occupancy of 57.1%, representing a 22.4 percentage point increase over Q2 2020 occupancy of 34.7% One of the few U.S. hotel REITs reporting positive FFO and cash flow during the third quarter AHIP’s hotels outperformed their competitive sets with a RevPAR Index of 122.6 during Q3 Total revenues… [Read More]
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