Net Income: $95 million Down 3% Y/Y Down 13% Q/Q Net Operating Income: $117 million Down 1% Y/Y Up 4% Q/Q Fully Diluted Operating EPS: $1.35 Flat Y/Y Up 4% Q/Q Transactional Premiums Written: $110 million Up 10% Y/Y Down 38% Q/Q Total Premiums Written: $114 million Up 8% Y/Y Down 38% Q/Q Premiums Earned:… [Read More]
MCAN Mortgage Corporation to Report First Quarter 2020 Results
TORONTO, May 5, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: MKP) will report its financial results for the three months ended March 31, 2020 before the market opens on May 12, 2020. Annual General Meeting of Shareholders MCAN invites all shareholders to participate in its Annual General Meeting on Tuesday,… [Read More]
True North Commercial REIT Reports Q1 2020 Results
Strong Start to 2020 with 42% Increase in NOI and Key 10 Year Lease Renewal with Federal Government of Canada for 272,705 square feet Provides Update on COVID-19 /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, May 5, 2020 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”)… [Read More]
First Capital REIT Announces First Quarter 2020 Results
TORONTO, May 5, 2020 /CNW/ – First Capital Real Estate Investment Trust (“First Capital” or the “Trust”) (TSX: FCR.UN), one of Canada’s leading developers, owners and operators of mixed-use urban real estate in Canada’s most densely populated neighbourhoods, announced today financial results for the three months ended March 31, 2020. SELECTED FINANCIAL INFORMATION (unaudited) Three months ended… [Read More]
Genesis Reports 2020 First Quarter Results
CALGARY, May 5, 2020 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months ended March 31, 2020 (“Q1 2020”). Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), owning and developing a portfolio of well-located,… [Read More]
Morguard Corporation Announces 2020 First Quarter Results, Regular Eligible Dividend and Provides Operational Update Related to COVID-19
MISSISSAUGA, ON, May 5, 2020 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three months ended March 31, 2020, including a brief operational and liquidity update as we continue to focus on managing through the COVID-19 pandemic. Reporting Highlights Total revenue increased by $2.8 million, or 1.0% to… [Read More]
Colliers proptech companies deliver innovative, value-added commercial real estate solutions
TORONTO, May 05, 2020 (GLOBE NEWSWIRE) — Colliers International (NASDAQ and TSX: CIGI) is working with its Class of 2018 and 2019 proptech companies to deliver virtual tools that help our people and clients navigate the impacts of COVID-19. The enhanced solutions leverage technologies such as artificial intelligence, augmented and virtual reality, data analytics, machine… [Read More]
Artis Real Estate Investment Trust Announces Conclusion of Strategic Review Process
WINNIPEG, May 5, 2020 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (the “REIT” or “Artis”) announced today that its Board of Trustees (“Board”) has concluded the previously announced strategic review by a special committee of independent members of the Board (the “Special Committee”). Following a thorough and rigorous process and after receiving input… [Read More]
RioCan Announces First Quarter Results For 2020
TORONTO, May 05, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) announced today its financial results for the three months ended March 31, 2020 (âFirst Quarterâ). âFor the first quarter of 2020, RioCan delivered not only strong 3.0% same property NOI growth for our commercial portfolio but also strong… [Read More]
CT REIT Announces First Quarter 2020 Results and COVID-19 Business Update
Delivers 3.7% growth in AFFO per unit for the first quarter 96.5% of tenants fulfilled their May 1st rental obligations $315 million of liquidity available TORONTO, May 4, 2020 /CNW/ – CT Real Estate Investment Trust (“CT REIT” or “the REIT”) (TSX: CRT.UN) today reported its consolidated financial results for the first quarter ending March 31, 2020…. [Read More]
Cominar Announces the Redemption of its 4.941% Series 4 Debentures
QUÃBEC CITY, May 4, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT“) (TSX: CUF.UN) announced today that it has issued a notice of redemption to the holders of its 4.941% Series 4 Debentures due July 27, 2020 (the “Debentures“). As set out in the notice of redemption, Cominar intends to redeem the… [Read More]
Cominar Announces Closing of the Offering of its 5.95% Series 12 Senior Unsecured Debentures Due May 5, 2025 in the Principal Amount of $150 Million
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ QUÃBEC CITY, May 4, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar“) (TSX: CUF.UN) announced today that it has closed the previously-announced offering of its 5.95% Series 12 senior unsecured debentures in the principal amount of $150 million (the “Debentures“)…. [Read More]
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