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]
Artis Real Estate Investment Trust Announces Rescheduled Conference Call to Discuss Q2-19 Results
WINNIPEG, July 25, 2019 /CNW/ – Artis Real Estate Investment Trust (TSX: AX.UN) (“Artis” or the “REIT”) announced today that it has rescheduled its conference call to discuss financial results for the quarter ended June 30, 2019, to Thursday, August 1, 2019, at 4:30 p.m. CT (5:30 p.m. ET) from the previously announced date of… [Read More]
BSR Recognized as a Best Place to Work for Third Straight Year
LITTLE ROCK, AR and TORONTO, July 25, 2019 /CNW/ – For the third consecutive year, BSR Real Estate Investment Trust (“BSR” or the “REIT”) (TSX: HOM.U and HOM.UN) has been named as one of the best places to work in the state of Arkansas by Arkansas Business and the Best Companies Group. The distinction was designed… [Read More]
Bridgemarq Real Estate Services to Host Quarterly Conference Call Friday, August 9, 2019 at 10:00 A.M. ET
TORONTO, July 25, 2019 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq”) (TSX: BRE) today announced that it will host a conference call on Friday, August 9, 2019 at 10:00 A.M. ET to discuss its second quarter financial results. To access the call please dial in or connect via webcast as shown below: By phone: (888)… [Read More]
Minto Apartment REIT Announces Unitholder Approval in Connection with Acquisition of High Park Village
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ OTTAWA, July 24, 2019 /CNW/ – Minto Apartment Real Estate Investment Trust (TSX: MI.UN) (the “REIT”) today announced that, in connection with its previously announced acquisition of a 40% interest in the High Park Village apartment complex in Toronto (the “Acquisition”) from Minto… [Read More]
Mosaic Capital Corporation Announces Second Quarter 2019 Earnings Release Date
CALGARY, July 24, 2019 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.DB) intends to release its second quarter 2019 financial results on Wednesday, August 14th, 2019, after market close. A conference call to discuss the results will be held on Thursday, August 15th, 2019 at 10:00 AM ET. All interested parties are invited to join… [Read More]
Timbercreek Financial Declares July 2019 Dividend and Will Release Second Quarter 2019 Financial Results on Wednesday August 7, 2019
TORONTO, July 24, 2019 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the âCompanyâ) is pleased to announce that its board of directors (the âBoardâ) has declared a monthly cash dividend of $0.0575 per common share (âCommon Shareâ) of the Company to be paid on August 15, 2019 to holders of Common Shares of record on… [Read More]
FirstService Reports Strong Second Quarter Results
Robust, Balanced Organic Growth Drives Double-Digit Revenue Increases Across Both FirstService Residential and FirstService Brands Operating highlights: Three months ended Six months ended June 30 June 30 2019 2018 2019 2018 … [Read More]
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