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Automotive Properties REIT Reports Financial Results for Second Quarter of 2020

August 13, 2020 By NewsWire Tagged With: TSX:APR.UN

̶  The REIT also announced the acquisition of a development property in Laval, Quebec  ̶ TORONTO, Aug. 13, 2020 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (“Automotive Properties REIT” or the “REIT”) today announced its financial results for the three-month (“Q2 2020”) and six-month periods ended June 30, 2020. “The combination of a… [Read More]

CAPREIT Expands Presence in Strong Halifax Market

August 13, 2020 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Aug. 13, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has purchased a brand new 88-suite apartment property in the West Bedford neighbourhood of Halifax, Nova Scotia. CAPREIT paid $22.4 million for the property, financed by CAPREIT’s cash and cash equivalents invested in short-term investments…. [Read More]

Northview Apartment REIT Provides Transaction and COVID-19 Updates, Announces Q2 2020 Financial Results

August 13, 2020 By Globenewswire Tagged With: TSX:NVU.UN

CALGARY, Alberta, Aug. 13, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview” or the “REIT”) (NVU.UN – TSX), today provided Transaction and coronavirus (“COVID-19”) updates, and disclosed financial results for the three and six months ended June 30, 2020. Todd Cook, President and CEO, commented, “Our top priority continues to be supporting… [Read More]

Boardwalk REIT Reports Second Quarter Funds From Operations Per Unit Growth of 4.4% (10.3% Excluding Retirement Costs)

August 13, 2020 By NewsWire Tagged With: TSX:BEI.UN

SUMMARY HIGHLIGHTS FOR THE THREE AND SIX-MONTH PERIODS ENDED JUNE 30, 2020 CONTINUED STRONG PERFORMANCE FOR THE 3 MONTH PERIOD ENDED JUNE 30, 2020 Funds From Operations (FFO) of $0.71 per Trust Unit; an increase of 4.4% Excluding retirement costs, FFO of $0.75 per Trust Unit, an increase of 10.3% 3.1% same-property revenue growth 6.4% same-property… [Read More]

Imperial Equities Suspends Dividends

August 13, 2020 By NewsWire Tagged With: TSX VENTURE:IEI

EDMONTON, AB, Aug. 13, 2020 /CNW/ – Imperial Equities Inc. today announced it has suspended its dividends for the Third and Fourth Quarters of 2020.  “This was a difficult decision for our Board of Directors,” said Sine Chadi, CEO of Imperial Equities. “When we brought back dividends in Q1 2020, we saw it as a long-term move… [Read More]

Updated: Inovalis Real Estate Investment Trust Announces the Release Date for Q2 2020 Financial Results and Conference Call

August 13, 2020 By NewsWire Tagged With: TSX:INO.UN

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 13, 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… [Read More]

StorageVault Reports 2020 Second Quarter Results and Increases Dividend

August 13, 2020 By Globenewswire Tagged With: TSX-V:SVI

TORONTO, Aug. 13, 2020 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX-V) reported the Corporation’s 2020 second quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “Despite the impacts of COVID-19, we achieved 3% year over year increases in same store revenue and NOI.  Our results were muted due… [Read More]

MCAN Mortgage Corporation Announces Q2 2020 Results and Declares Q3 2020 Dividend

August 12, 2020 By NewsWire Tagged With: TSX:MKP

TORONTO, Aug. 12, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) reported solid net income of $7.8 million ($0.32 earnings per share) for the second quarter ended June 30, 2020. For the same period in the prior year, net income was $8.9 million ($0.37 earnings per share). For the six months ended… [Read More]

Firm Capital Property Trust Firm Capital Property Trust Announces Solid Second Quarter Results

August 12, 2020 By NewsWire Tagged With: TSX VENTURE:FCD.UN

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

August 12, 2020 By NewsWire Tagged With: TSX:PRV.UN

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

August 12, 2020 By NewsWire Tagged With: TSX:IVQ, TSX:IVQ.U

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

August 12, 2020 By NewsWire Tagged With: TSX:HOM.U, TSX:HOM.UN

– 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]

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