REIT REPORT

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


MCAN Mortgage Corporation Announces Third Quarter Results and 11% Increase in Net Income

By Tagged With:

Stock market symbol TSX: MKP TORONTO, Nov. 8, 2018 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) announced net income of $11.0 million ($0.47 per share) for the third quarter ended September 30, 2018, up 11% from $9.9 million ($0.42 per share) in the third quarter of 2017.  Highlights Financial Performance Q3 2018 Return… [Read More]

True North Commercial REIT Reports Q3 2018 Results

By Tagged With:

$57.5M Equity Raise, High Quality Acquisitions in Strategic Urban Marketsand Year-over-Year Revenue and NOI Increases of Over 50% /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Nov. 8, 2018 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today announced its financial results for the three and nine… [Read More]

Chartwell Announces Third Quarter 2018 Results

By Tagged With:

MISSISSAUGA, ON, Nov. 8, 2018 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today its results for the three and nine months ended September 30, 2018. Q3 2018 Highlights Funds from operations (“FFO”) up 5.6% Same property adjusted net operating income (“NOI”) up 1.6% Same property occupancy 91.5% “Our teams delivered solid results in the… [Read More]

Morguard Corporation Announces 2018 Third Quarter Results and Regular Eligible Dividend

By Tagged With:

MISSISSAUGA, ON, Nov. 8, 2018 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three and nine months ended September 30, 2018. Reporting Highlights Total revenue increased by $14.4 million to $294.0 million, or 5.2% for the three months ended September 30, 2018, compared to $279.6 million for the same… [Read More]

Holloway Lodging Corporation reports Q3 2018 results and declares quarterly dividend

By Tagged With:

/NOT FOR DISTRIBUTION ON U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, Nov. 8, 2018 /CNW/ – Holloway Lodging Corporation (TSX: HLC) (TSX: HLC.DB) (TSX: HLC.DB.A) (“Holloway”) today announced financial results for the three and nine months ended September 30, 2018.  All amounts are presented in thousands of Canadian dollars, except earnings per… [Read More]

Great-West Lifeco appoints Paul Finkbeiner as newly-created Executive Vice-President, Global Head of Real Estate

By Tagged With:

TSX:GWO All figures are expressed in Canadian dollars, except as noted. WINNIPEG, Nov. 8, 2018 /CNW/ – Great-West Lifeco Inc. today announced that Paul Finkbeiner, President, GWL Realty Advisors Inc. (GWLRA), has been appointed Executive Vice-President, Global Head of Real Estate for Great-West Lifeco. The appointment is effective immediately. In this newly-created role, Mr. Finkbeiner will… [Read More]

Parkit Announces Rights Offering

By Tagged With:

/NOT FOR DISTRIBUTION IN THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Nov. 7, 2018 /CNW/ – Parkit Enterprise Inc. (TSXV: PKT; OTCQX: PKTEF) (the “Company” or “Parkit”) is pleased to announce that it will be conducting an offering of rights (each, a “Right”) for gross proceeds of up to $5,000,000… [Read More]

True North Commercial Real Estate Investment Trust Closes Acquisition of High Quality Office Property in Burnaby, British Columbia

By Tagged With:

/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, Nov. 7, 2018 /CNW/ – True North Commercial Real Estate Investment Trust  (TSX:TNT.UN) (the “REIT“) is pleased to announce it has closed the previously announced acquisition of a 90,550 square foot high quality office property located at 9200 Glenlyon Parkway, Burnaby, British Columbia (the “Burnaby… [Read More]

Crombie REIT Announces Third Quarter 2018 Results

By Tagged With:

NEW GLASGOW, NS, Nov. 7, 2018 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) today announced results for its third quarter ended September 30, 2018. Management will host a conference call to discuss the results at 12:30pm (ET), November 8, 2018. “Crombie’s fundamentals remain strong with record occupancy, solid same asset NOI growth and robust AFFO… [Read More]

Choice Properties Real Estate Investment Trust Reports Results for the Third Quarter of 2018

By Tagged With:

TORONTO, Nov. 7, 2018 /CNW/ – Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) today announced its consolidated financial results for the third quarter ended September 30, 2018.  The Trust’s Quarterly Report will be available in the Investor Relations section of the Trust’s website at www.choicereit.ca, filed with SEDAR and available at… [Read More]