REIT REPORT

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


Boardwalk REIT Announces Second Quarter 2018 Financial Results

By Tagged With:

Q2, 2018 FFO per unit of $0.60, an 11.1% increase from the same period a year ago. Revenue recovery leading to NOI growth Q2 Same Property Rental Revenue increased 3.7% Q2 Same Property NOI increased 8.8% Q2 Operating Margin increased to 54.5% Suite and common area investment accelerating revenue growth Strategic targeting of suite renovations… [Read More]

Eclipse Residential Mortgage Investment Corporation Announces Second Quarter Results

By Tagged With:

TORONTO, Aug. 10, 2018 (GLOBE NEWSWIRE) — (TSX: ERM)  Eclipse Residential Mortgage Investment Corporation (“Eclipse” or the “Corporation”) has filed its 2018 second quarter financial statements and management’s discussion and analysis and these documents may be found on www.sedar.com or at www.bromptongroup.com.  Key highlights for the second quarter of 2018 include:

Brookfield Real Estate Services Inc. Reports Second Quarter Results and Monthly Dividend

By Tagged With:

TORONTO, Aug. 10, 2018 /CNW/ – Brookfield Real Estate Services Inc. (TSX: BRE) (the “Company”), a leading provider of services to residential real estate brokers and their REALTORS®1 today announced its second quarter financial results and the approval of a monthly dividend to holders of the Company’s restricted voting shares. HIGHLIGHTS Softer real estate markets contributed… [Read More]

MCAN Mortgage Corporation Announces Second Quarter Results and 24% Increase in Net Income

By Tagged With:

Stock market symbol TSX: MKP TORONTO, Aug. 9, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $11.1 million ($0.47 per share) for the second quarter ended June 30, 2018, up 24% from $8.9 million ($0.39 per share) in the second quarter of 2017.  Highlights Financial Performance Q2 2018… [Read More]

American Hotel Income Properties REIT LP Reports Second Quarter 2018 Results

By Tagged With: ,

Revenue increased 29.5% from Q2 2017, Net Income grew to $8.9 million EBITDA increased 34.5% from year-ago period RevPAR grew 9.5% from Q2 2017 Renovations at two larger hotels are nearly complete (All numbers are in U.S. dollars unless otherwise indicated) VANCOUVER, Aug. 9, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“, the “Company“)… [Read More]

Chartwell Announces Second Quarter 2018 Results

By Tagged With:

MISSISSAUGA, ON, Aug. 9, 2018 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the second quarter ended June 30, 2018. Q2 2018 Highlights Funds from operations (“FFO”) up 16.9% Same property adjusted net operating income (“NOI”) up 8.2% Same property occupancy of 91.2% “Our teams delivered strong results in the… [Read More]

American Hotel Income Properties REIT LP completes $5.2 million renovation at the Embassy Suites DFW South (Irving, TX)

By Tagged With:

VANCOUVER, Aug. 9, 2018 /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$5.2 million of renovations at its Embassy Suites DFW South, near the Dallas/Fort Worth airport in Irving, Texas.  Key aspects of this renovation project included… [Read More]

Inovalis Real Estate Investment Trust Reports Financial Results for the Second Quarter of 2018

By Tagged With:

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 9, 2018 /CNW/ – Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN)  today reported its financial results for the second quarter of 2018. HIGHLIGHTS Inovalis REIT (“Inovalis REIT”, or the “REIT” or “we”) is a Canadian TSX-listed REIT… [Read More]

Holloway Lodging Corporation Reports Q2 2018 Results, Declares Quarterly Dividend and Announces Normal Course Issuer Bid

By Tagged With:

/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Aug. 9, 2018 /CNW/ – Holloway Lodging Corporation (TSX: HLC) (TSX: HLC.DB) (TSX: HLC.DB.A) (“Holloway”) today announced financial results for the three and six months ended June 30, 2018.  All amounts are presented in thousands of Canadian dollars, except earnings per share… [Read More]

Plaza Retail REIT Announces its Second Quarter 2018 Results

By Tagged With:

FREDERICTON, Aug. 9, 2018 /CNW/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced its results for the three and six months ended June 30, 2018. Michael Zakuta, President and CEO said, “We continue to deliver solid and sustainable results.  We are unafraid of doing the right thing for our portfolio and our… [Read More]

Genworth MI Canada Inc. Comments on OSFI’s Guideline Related to Mortgage Insurer Capital Adequacy Test

By Tagged With:

TORONTO, Aug. 9, 2018 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) comments on the guideline entitled: “Mortgage Insurer Capital Adequacy Test” (“MICAT”) released earlier today by the Office of the Superintendent of Financial Institutions (“OSFI”). The new guideline consolidates OSFI’s current capital requirements for mortgage insurers into a single document, incorporating elements… [Read More]