TORONTO, May 12, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ), (TSXV: FCD.UN) is pleased to report its financial results for the three months ended March 31, 2020 as well as April and May rent collections. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 76 commercial properties with a total GLA of 4,244,242… [Read More]
Summit Industrial Income REIT Reports Solid Performance in First Quarter 2020
Steps Taken to Mitigate Impact of COVID-19 Pandemic TORONTO, May 12, 2020 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced solid operating and financial performance for the three months ended March 31, 2020. Highlights: Revenues increased by 37.7% on portfolio growth, high stable occupancies and rent increases. Occupancy strong at… [Read More]
Allied Announces Pricing and Upsizing of Offering of Series G Senior Unsecured Debentures
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, May 12, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(âAlliedâ) announced today that it has priced and upsized its previously announced offering, and has agreed to issue $300 million aggregate principal amount of series G senior… [Read More]
BSR REIT Reports Solid Q1 2020 Earnings, Continues Capital Recycling and Provides an Operating Update Related to COVID-19
LITTLE ROCK and TORONTO, May 12, 2020 /CNW/ – BSR Real Estate Investment Trust (“BSR“, or the “REIT”) (TSX: HOM.U and HOM.UN) today announced its financial results for the three months ended March 31, 2020 (“Q1 2020”). All comparisons in the following summary are to the corresponding period in the prior year. Results are presented… [Read More]
Allied Announces Launch of Offering of Series G Senior Unsecured Debentures
TORONTO, May 12, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(âAlliedâ) announced today that it has launched an offering of $200 million (minimum) aggregate principal amount of series G senior unsecured debentures (the âDebenturesâ). The Debentures are being offered on an agency basis by a syndicate of agents led by Scotia Capital… [Read More]
MCAN Mortgage Corporation Announces Q1 2020 Results
TORONTO, May 12, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) reported a net loss of $9.7 million ($0.40 loss per share) for the first quarter ended March 31, 2020, a decrease of 168% from net income of $14.3 million ($0.60 earnings per share) in the first quarter of 2019. In… [Read More]
European Residential REIT Announces First Quarter 2020 Results
TORONTO, May 11, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX-V: ERE.UN) announced today its results for the three months ended March 31, 2020. FIRST QUARTER 2020 HIGHLIGHTS NOI increased by 224% for the three months ended March 31, 2020 compared to the same period last year, primarily… [Read More]
Cominar CFO Departs to Pursue Another Opportunity
QUÃBEC CITY, May 11, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar”) (TSX: CUF.UN) announces that Heather C. Kirk has resigned as Executive Vice-President and Chief Financial Officer effective immediately to pursue another opportunity. Mrs. Kirk has agreed to remain available to ensure a proper transition. “On behalf of the management team and on… [Read More]
Summit Industrial Income REIT Announces Sale of interest in GTA Data Centre
TORONTO, May 11, 2020 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today it has sold its interest in its data centre in the Greater Toronto Area. The outstanding mezzanine loan related to the project, including accrued interest, was repaid on the closing of the transaction. The transaction will generate a… [Read More]
Bridgemarq Real Estate Services to Host Quarterly Conference Call Thursday, May 14, 2020 at 10:00 A.M. ET
TORONTO, May 8, 2020 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq”) (TSX: BRE) today announced that it will host a conference call on Thursday, May 14, 2020 at 10:00 A.M. ET to discuss its first quarter financial results. To access the call please dial in or connect via webcast as shown below: By phone: (888) 231-8191… [Read More]
Killam Apartment REIT Announces Voting Results from 2020 Annual Meeting of Unitholders
HALIFAX, May 8, 2020 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) (“Killam”) today announced the voting results of matters voted on at its annual meeting of unitholders (the “Meeting”), which was held in Halifax on May 7, 2020. The voting results of each of the matters considered at the Meeting are presented below. 1) Election of… [Read More]
Automotive Properties REIT Provides an Update on its COVID-19 Tenant Support
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, May 8, 2020 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) today provided a further update on the impact of the novel coronavirus (COVID-19) pandemic on its business. As previously announced, the business of the REIT’s tenants… [Read More]
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