TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX Venture: âUFCâ) (âUrbanfundâ or, the âCompanyâ), announced today that the Company, along with Westdale Construction Limited (âWestdaleâ), has completed the previously-announced acquisition of the 110 unit The Manors Luxury Apartment portfolio located in Dartmouth, Nova Scotia. An… [Read More]
RESAAS Announces First-to-Market Online Ordering & Home Delivery of COVID-19 Rapid Tests
VANCOUVER, BC, Nov. 12, 2020 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), a technology platform for the real estate industry, is pleased to announce it has launched online ordering of COVID-19 Rapid Tests. Instant online ordering available to RESAAS agents located in the United States. Next-day express shipping available. Tests are priced between… [Read More]
StorageVault Reports 2020 Third Quarter Results and Increases Dividend
TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (âStorageVaultâ or the âCorporationâ) (SVI-TSX-V) reported the Corporationâs 2020 third quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: âOur results continue to show the resiliency of our business â we achieved 3% year over year increase in same store revenue and… [Read More]
WPT Industrial REIT Announces Third Quarter 2020 Results
TORONTO, Nov. 11, 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 nine months ended September 30, 2020. All dollar amounts are stated in U.S. funds. Highlights for the three months ended September 30, 2020: Collected 99.6% of billed rent… [Read More]
SmartCentres Real Estate Investment Trust Releases Third Quarter Results for 2020
Focused on Growth Transit City Condominium Closings Contribute to 13.1% Increase in FFO (12.3% Growth in FFO per Unit) with Continued Growth of FFO Expected in Q4 Mixed-use Intensification Program Increasing with Construction on Transit City Condominiums, High-rise Residential Rentals at SmartVMC and Laval, Retirement Homes, Self-Storage Projects and Recently Received Approval to Permit an… [Read More]
Tricon Delivers Strong Results in Q3 2020 as Single-Family Rental Demand Soars
/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]
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]
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]
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