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Melcor Developments announces second quarter results, declares quarterly dividend of $0.08 per share

August 12, 2020 By Globenewswire Tagged With: TSX:MRD

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

August 11, 2020 By Globenewswire Tagged With: TSX:CAR.UN

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

August 11, 2020 By NewsWire Tagged With: TSX VENTURE:FCA.U, TSX VENTURE:FCA.UN

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

August 11, 2020 By NewsWire Tagged With: TSX:SMU.UN

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

August 11, 2020 By NewsWire Tagged With: TSX:MI.UN

— Board of Trustees approves 3.4% increase to monthly distribution, reflecting strong AFFO1 growth and conservative AFFO1 payout ratio — 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]

Empire reaches important five-year labour agreement in Alberta

August 11, 2020 By NewsWire Tagged With: TSX:EMP.A

New agreement enables further capital investment in Safeway network and FreshCo expansion into the province of Alberta New collective bargaining agreement positions Empire on a level playing field to compete in the Alberta market One-time retroactive lump sum payment to teammates of approximately $15.6 million pre-tax ($0.04 per share) Framework in place to convert some… [Read More]

Trez Capital Senior Mortgage Investment Corporation Announces Normal Course Issuer Bid

August 11, 2020 By NewsWire Tagged With: TSX:TZS

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 11, 2020 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS)  (“Trez” or “the Company”) announced today that it has received approval from the Toronto Stock Exchange (“TSX”) to commence a normal course issuer bid (“NCIB”), which will… [Read More]

RioCan Realizes Density Value Through New Joint Venture Partnerships and Provides Update on RioCan Living Projects

August 11, 2020 By Globenewswire Tagged With: TSX:REI.UN

TORONTO, Aug. 11, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) announced today the sale of 50% interests in density primed for mixed-use residential development at two of its properties in Toronto and Ottawa. An ownership agreement was established with a new partner, Maplelands Development Inc. (“Maplelands”), marking its first Canadian venture…. [Read More]

Mainstreet Equity Corp. Releases Q3 2020 Results

August 11, 2020 By NewsWire Tagged With: TSX:MEQ

CALGARY, AB, Aug. 11, 2020 /CNW/ – The global pandemic continued to spread economic uncertainty in the third quarter of 2020. For Mainstreet, that meant shifting our priorities from financial performance toward furthering our social responsibility, in order to ensure the health and safety of our team and of our tenants. We viewed this strategy… [Read More]

Firm Capital American Realty Partners Trust Announces Voting Results at Annual and Special Meeting

August 10, 2020 By NewsWire Tagged With: TSX VENTURE:FCA.U, TSX VENTURE:FCA.UN

TORONTO, Aug. 10, 2020 /CNW/ – Firm Capital American Realty Partners Trust (the “Trust“), (TSXV : FCA.U) (TSXV: FCA.UN) is pleased to report that at the annual and special meeting (the “Meeting“) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust, as follows: Nominee Votes “For” % Votes “For”… [Read More]

Trez Capital Senior Mortgage Investment Corporation Announces 2020 Quarter Two Results

August 10, 2020 By NewsWire Tagged With: TSX:TZS

TORONTO, Aug. 10, 2020 /CNW/ – Trez Capital Senior Mortgage Investment Corporation (TSX: TZS) (the “Company”) today released its financial results for the quarter ended June 30, 2020. The financial statements and MD&A can be found at www.sedar.com or www.trezcapitalseniormic.com. Financial Highlights & Business Update On June 16, 2016 the shareholders of the Company approved the… [Read More]

European Residential REIT Announces Second Quarter 2020 Results

August 10, 2020 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, Aug. 10, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three and six months ended June 30, 2020. SECOND QUARTER 2020 HIGHLIGHTS As at June 30, 2020, the fair value of the REIT’s property portfolio increased to €1.36 billion, consisting… [Read More]

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