TORONTO, Feb. 26, 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 months and year ended December 31, 2019. HIGHLIGHTS: For the Year Ended December 31, 2019 2018 Portfolio Performance Overall portfolio occupancy (1) 98.2… [Read More]
MCAN Mortgage Corporation Announces Changes to Board of Directors
TORONTO, Feb. 26, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) announced today that Ian Sutherland will step down as Chair of the Board (the “Chair”), however will remain on the Board of Directors (the “Board”) to facilitate Board renewal and transition. Ian has held the position of Chair since… [Read More]
MCAN Mortgage Corporation Announces Fourth Quarter and 2019 Results and Increase to Quarterly Dividend
TORONTO, Feb. 26, 2020 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) (TSX: “MKP”) reported net income of $10.6 million ($0.44 per share) for the fourth quarter ended December 31, 2019, an increase of 197% from $3.5 million ($0.15 per share) in the fourth quarter of 2018. In the fourth quarter of 2019, we… [Read More]
Tricon Reports Strong Q4 2019 Results Driven by 35% Growth in FFO
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Feb. 26, 2020 /CNW/ – Tricon Capital Group Inc. (TSX: TCN) (“Tricon” or the “Company”), a residential real estate company primarily focused on rental housing in North America, announced today its consolidated financial results for the year ended December 31, 2019…. [Read More]
Crombie REIT Announces Fourth Quarter 2019 Results
Fourth Quarter Summary(In thousands of CAD dollars, except per unit amounts and as otherwise noted) Operating income of $44,149 Property revenue of $96,823 Same-asset property cash NOI growth of 3.0% Debt to gross book value – fair value basis of 48.9% Renewals of 699,000 square feet at rents 3.9% above expiring rates Record year end… [Read More]
PROREIT announces date for release of 2019 fiscal year and 2019 fourth quarter results and conference call
MONTREAL, Feb. 26, 2020 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) will release its 2019 fiscal year and fourth quarter financial results on Wednesday, March 25, 2020, after markets close. Mr. James W. Beckerleg, President and Chief Executive Officer, and Mr. Gordon G. Lawlor, Executive Vice President and CFO, will host… [Read More]
European Residential REIT Announces Year End 2019 Results
TORONTO, Feb. 25, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX-V: ERE.UN) announced today its results for the year ended December 31, 2019. ERES was formed on March 29, 2019 following a takeover by European Commercial Real Estate Investment Trust (“ECREIT”), however for accounting purposes the acquisition has… [Read More]
Consolidated HCI Holdings Corporation Announces its 2020 First Quarter Results
VAUGHAN, ON, Feb. 25, 2020 /CNW/ – Consolidated HCI Holdings Corporation today announced its fiscal 2020 first quarter results. 3 months ended December 31 2019 2018 ($000’s except earnings per share) Revenue $ – $3 Net loss for the period $ 63 $ 116 Loss per share $ 0.003 $ 0.005 Consolidated HCI Holdings Corporation… [Read More]
Northview Apartment REIT Announces 2019 Financial Results, Including Multi-Family Same Door NOI Growth of 3.6% and Fair Value Gains of $179 Million
CALGARY, Alberta, Feb. 25, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (NVU.UN â TSX), today announced financial results for the three months and year ended December 31, 2019. HIGHLIGHTS Diluted FFO per unit of $2.05 for the year ended December 31, 2019, compared to $2.11 for the same period of 2018,… [Read More]
Dream Unlimited Corp. Announces Increase to Quarterly Class A Subordinate Voting Share and Class B Common Share Dividend
TORONTO, Feb. 25, 2020 (GLOBE NEWSWIRE) — DREAM UNLIMITED CORP. (TSX:DRM) announced today that its board of directors has approved an increase to the annual dividend from $0.10 to $0.12 per Class A Subordinate Voting Share and Class B Common Share. The increase will be effective with the dividend payable to shareholders on March 31,… [Read More]
Plaza Retail REIT Announces Strong 2019 Year End Results
FREDERICTON, Feb. 25, 2020 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced its financial results for the three months and year ended December 31, 2019. While retail head winds continue, committed occupancy has remained strong at 96.3%, and Plaza has had one of its best years. Excluding lease buyouts and other… [Read More]
Avalon Mall announces new retailers and store expansions as part of $112 million redevelopment
NEW GLASGOW, NS, Feb. 25, 2020 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to announce that a number of exciting international and national brands will open at Avalon Mall in 2020, and several existing retailers will expand their mall presence. SportChek, Tommy Hilfiger, Skechers, Bikini Village, and Michael Hill will open… [Read More]
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