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Brookfield Property Partners Reports Second Quarter 2019 Results

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All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, Aug. 02, 2019 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPR; TSX: BPY.UN) (“BPY”) today announced financial results for the quarter ended June 30, 2019.  “In the second quarter, we achieved earnings growth of 6% and were active in monetizing… [Read More]

ViveRE Communities Provides Business Update

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HALIFAX, Aug. 1, 2019 /CNW/ – ViveRE Communities Inc. (TSXV: VCOM) (“ViveRE” or the “Company“) provides the following business update. ViveRE’s plan to acquire recently built or refurbished, highly leased multi-residential properties in bedroom communities across Canada continues to advance. The Company aims to satisfy the needs of the newly emerging 55+ resident. The demographic that… [Read More]

Melcor Developments announces second quarter results, declares quarterly dividend of $0.12 per share

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EDMONTON, Alberta, Aug. 01, 2019 (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, 2019. Revenue was down 4% to $41.09 million compared to Q2-2018. Year to date revenue was $75.97 million, down 13% compared… [Read More]

Invesque Inc. Closes on Previously Announced Acquisition of Commonwealth Senior Living and 17 of its Communities

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TORONTO, Aug. 1, 2019 /CNW/ – Invesque Inc. (TSX: IVQ.U) (“Invesque” or the “Company”) announced the closing of the previously announced acquisition of Commonwealth Senior Living, LLC (“Commonwealth“) and 17 private pay senior living communities comprising 1,205 units with 1,469 beds (together the “Initial Tranche“). The aggregate purchase price for the Initial Tranche was approximately US$285.4 million…. [Read More]

CAPREIT Acquires 942 Suites In The Netherlands

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TORONTO, Aug. 01, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has acquired a portfolio of 18 modern, high-quality residential rental properties totaling 942 residential suites well located in seven urban growth markets in the Netherlands. Approximately 91% of the properties have been constructed since 1970…. [Read More]

American Hotel Income Properties completes US$4.2 million of renovations at the Embassy Suites Phoenix Tempe

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VANCOUVER, Aug. 1, 2019 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“, the “Company“) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) is pleased to announce that it has completed approximately US$4.2 million of renovations at the Embassy Suites By Hilton Phoenix Tempe (Phoenix, AZ). “We are very pleased with this renovation project, as it was… [Read More]

Artis Real Estate Investment Trust Releases Second Quarter Results and Provides Update on New Initiatives

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WINNIPEG, Aug. 1, 2019 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or the “REIT”) issued its financial results and achievements for the three and six months ended June 30, 2019, and provided an update on its new initiatives announced on November 1, 2018, (the “New Initiatives”).  The second quarter results in this press… [Read More]

Colliers Bolsters Occupier Services Team With New Global Leader

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TORONTO, Aug. 01, 2019 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International Group Inc. (NASDAQ and TSX: CIGI) today announced the appointment of Scott Nelson to CEO, Occupier Services | Global, effective immediately. In this new role, Scott will focus on driving greater consistency and enabling better service… [Read More]

Granite Announces 2019 Second Quarter Results

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TORONTO, July 31, 2019 /CNW/ – Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN; NYSE: GRP.U) (“Granite” or the “Trust”) announced today its combined results for the three and six month periods ended June 30, 2019. HIGHLIGHTS Highlights for the three month period ended June 30, 2019, including events subsequent to the quarter, are set out… [Read More]

CT REIT Reports Strong Second Quarter 2019 Results

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Announces key conditional agreements and a commitment to increase its ownership in Canada Square mixed-use complex to 50% Delivers 3.3% growth in AFFO per unit for the second quarter TORONTO, July 31, 2019 /CNW/ – CT Real Estate Investment Trust (CT REIT) (TSX: CRT.UN) today reported its consolidated financial results for the second quarter ended June… [Read More]

First Capital Realty Announces Second Quarter 2019 Results

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TORONTO, July 31, 2019 /CNW/ – First Capital Realty Inc. (“First Capital Realty” or the “Company”) (TSX: FCR), one of the largest owners, developers and operators of necessity-based real estate located in Canada’s most densely populated urban centres, announced today financial results for the three and six months ended June 30, 2019. SELECTED FINANCIAL INFORMATION (unaudited) Three… [Read More]

Morguard Real Estate Investment Trust Announces 2019 Second Quarter Results

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MISSISSAUGA, ON, July 31, 2019 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today is pleased to announce its financial results for the three and six month periods ended June 30, 2019.  These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”). FOR THE PERIODS ENDED JUNE 30 Three… [Read More]