TORONTO, July 31, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its second quarter ended June 30, 2019. âWe propelled strong internal and external growth in the first half of 2019,â said Michael Emory, President & CEO. âPercentage growth in same-asset NOI, FFO per unit and AFFO… [Read More]
Allied to Fund Westbank’s Urban Workspace Project at 720 Beatty Street in Vancouver
TORONTO, July 31, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (âAlliedâ) (TSX:AP.UN) announced today that it has agreed to fund Westbankâs urban workspace project at 720 Beatty Street in Vancouver (the âPropertyâ). âProviding this funding to Westbank will enable us to generate an accretive return from the outset,â said Michael Emory, President… [Read More]
NorthWest Healthcare Properties REIT Announces Successful Completion of Previously Announced Bought Deal Equity Offering and Full Exercise of Over-Allotment Option for Gross Proceeds of Approximately $172.6 Million
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TSX: NWH.UN TORONTO, July 31, 2019 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (“NorthWest” or the “REIT”) is pleased to announce today that it has completed its previously announced public offering (the “Offering”) of 14,628,000 trust units… [Read More]
PROREIT Announces Date for Release of Second Quarter 2019 Results and Conference Call
MONTREAL, July 31, 2019 /CNW Telbec/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) will release its 2019 second quarter financial results on Tuesday, August 13, 2019, after markets close. Mr. James W. Beckerleg, President and Chief Executive Officer, and Mr. Gordon G. Lawlor, Executive Vice President and CFO, will host a conference call… [Read More]
InterRent REIT Reports Results for the Second Quarter of 2019
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ OTTAWA, July 30, 2019 /CNW/ – InterRent Real Estate Investment Trust (TSX: IIP.UN) (“InterRent” or the “REIT“) today reported financial results for the second quarter ended June 30, 2019. Highlights Operating revenues for the quarter increased by $3.8 million, or 12.4%,… [Read More]
Genworth MI Canada Inc. Announces Common Dividend in the Third Quarter of 2019
TORONTO, July 30, 2019 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company“) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.51 per common share for the second quarter of 2019. This dividend will be paid on August 28th, 2019 to shareholders of record at the… [Read More]
Genworth MI Canada Inc. Reports Second Quarter 2019 Results Including Net Operating Income of $120 Million
Net Income: $110 million Down 5% Y/Y Up 13% Q/Q Net Operating Income: $120 million Up 2% Y/Y Up 1% Q/Q Fully Diluted Operating EPS: $1.38 Up 5% Y/Y Up 2% Q/Q Transactional Premiums Written: $187 million Up 12% Y/Y Up 86% Q/Q Total Premiums Written: $195 million Up 14% Y/Y Up 85% Q/Q Premiums… [Read More]
Melcor REIT announces second quarter 2019 results
Highlights Rental revenue remained stable over Q2-2018 at $17.47 million; $35.42 million year to date Net operating income grew 3% over Q2-2018 at $11.38 million; 1% to $22.39 million year to date Adjusted funds from operations (AFFO) declined 4% to $4.78 million or $0.17 per unit in the quarter; down 5% to $9.39 million or… [Read More]
Morguard North American Residential REIT Announces 2019 Second Quarter Results
MISSISSAUGA, ON, July 30, 2019 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the three and six months ended June 30, 2019. Highlights The REIT is reporting second quarter performance of: Net operating income (“NOI”) of $39.0 million for the three months ended June 30, 2019, an… [Read More]
Colliers International Reports Second Quarter Results
Momentum continues with solid internal revenue growth and overall operating performance Operating highlights: Three months ended Six months ended June 30 June 30 (in millions of US$, except EPS) 2019 2018 2019 2018 … [Read More]
American Hotel Income Properties REIT LP Announces Agreement to Sell its Economy Lodging Portfolio of 45 Hotels for US$215.5 Million
AHIP has agreed to sell its Economy Lodging portfolio of 45 hotel properties for a total sale price of US$215.5 million The sale price represents an attractive selling capitalization rate of approximately 8.2%, based on trailing 12-months net operating income, after management fees and FF&E reserve Post sale of the Economy Lodging Portfolio, AHIP’s portfolio… [Read More]
Kinaxis to Break Ground on New Headquarters
Tech firm moving to new Kanata West home to accommodate double-digit growth OTTAWA, July 29, 2019 /CNW/ – Kinaxis® Inc. (TSX: KXS), the leader in empowering people to make confident supply chain decisions, is building a new headquarters to accommodate its growing workforce and global expansion. The office will be based in the burgeoning Kanata West Business… [Read More]
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