REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada


BTB Announces its Distribution for the Month of March 2020

By Tagged With:

MONTRÉAL, March 9, 2020 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“) announced today that the monthly cash distribution for the month of March 2020 is $0.035 per unit, representing $0.42 per unit on an annualized basis. The cash distribution will be paid April 15, 2020 to unitholders of record on March… [Read More]

Timbercreek Financial Announces 2019 Fourth Quarter Results

By Tagged With:

TORONTO, March 06, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and year ended December 31, 2019 (“Q4 2019”). Q4 2019 Highlights Strong transaction activity, with approximately $387 million in new mortgage investments and advances on existing mortgage investments Maintained conservative portfolio risk position focused… [Read More]

MAPLEWOOD INTERNATIONAL REIT ANNOUNCES EXECUTION OF BINDING PURCHASE AND SALE AGREEMENT ON INVESTMENT PROPERTY

By Tagged With:

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FORDISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, March 06, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that following an extensive marketing process for the proposed sale of its sole investment property in the Netherlands (the “Property”), the… [Read More]

Genesis Reports 2019 Results

By Tagged With:

CALGARY, March 6, 2020 /CNW/ – Genesis Land Development Corp. (TSX: GDC) (the “Corporation” or “Genesis”) reported its financial and operating results for the three months (“Q4”) and year ended (“YE”) December 31, 2019. Genesis is an integrated land developer and residential home builder operating in the Calgary Metropolitan Area (“CMA”), owning and developing a portfolio… [Read More]

Bridgemarq Real Estate Services Reports Annual Results and Monthly Dividend

By Tagged With:

TORONTO, March 6, 2020 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq” or the “Company”) (TSX: BRE) a leading provider of services to residential real estate brokers and their REALTORS®1, today announced its 2019 annual and fourth quarter financial results and the approval of a monthly dividend to holders of the Company’s restricted voting shares…. [Read More]

Melcor REIT announces 2019 annual results

By Tagged With: ,

EDMONTON, Alberta, March 05, 2020 (GLOBE NEWSWIRE) — Annual Highlights Rental revenue of $71.16 million for growth of 1% over 2018. Net rental income of $42.39 million for growth of 1% over 2018. Adjusted cash flow from operations (ACFO) decreased 3% to $18.61 million or $0.66 per unit. Debt to Gross Book Value (GBV) ratio… [Read More]

RioCan Real Estate Investment Trust Announces Inaugural Green Bond Offering

By Tagged With:

Issuance of $350 million of 7-Year Series AC Senior Unsecured Debentures at an Annual Coupon Rate of 2.361% NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION TO THE UNITED STATES TORONTO, March 05, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX:  REI.UN ) today announced that it has… [Read More]

Morguard Real Estate Investment Trust Advises of Continued Discussions with Obsidian Energy

By Tagged With:

MISSISSAUGA, ON, March 5, 2020 /CNW/ – On February 27, 2020, Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) announced that it was in formal discussions with Obsidian Energy Ltd (“Obsidian”) regarding a potential lease amendment for its Penn West Plaza tenancy. These discussions continue and the Trust will advise when discussions are concluded. Penn West Plaza is… [Read More]

Cominar Announces 2019 Results, Further Progress on Transformation, Strengthening of Balance Sheet and Increase in Book Value per Unit

By Tagged With:

QUÉBEC CITY, March 5, 2020 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) is pleased to announce its results for the fourth quarter and fiscal year ended December 31, 2019. 2019 FOURTH QUARTER AND FULL YEAR – HIGHLIGHTS Net income per unit for 2019 was $2.54 compared to ($1.17) in… [Read More]

CAPREIT Continues to Modernize Property Portfolio

By Tagged With:

TORONTO, March 05, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has purchased a brand-new 16-storey apartment building containing 112 suites well-located in the Greater Montreal Area municipality of Brossard Quebec. CAPREIT paid $43.5 million for the property financed in cash from its Acquisition and Operating… [Read More]

NorthWest Healthcare Properties Real Estate Investment Trust Releases Strong Fourth Quarter and Full Year 2019 Results

By Tagged With:

TORONTO, March 4, 2020 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT”) (TSX: NWH.UN), Canada’s leading global diversified healthcare real estate investment trust, today announced its results for the three and twelve months ended December 31, 2019. Commenting on the activity, Paul Dalla Lana, CEO of the REIT, said: “2019 was another… [Read More]