TORONTO, Aug. 10, 2017 /CNW/ – H&R Real Estate Investment Trust (“H&R”) and H&R Finance Trust (collectively, “the Trusts”) (TSX: HR.UN; HR.DB.D and HR.DB.H) today announced their combined financial results for the three and six months ended June 30, 2017. Financial Highlights H&R continued its strategy of redeploying capital by selling certain investment properties between… [Read More]
Clarocity Corporation Approves Issuance of Shares in Lieu of Debt Payment
CALGARY, Aug. 10, 2017 /CNW/ – Clarocity Corporation (TSXV:CLY; OTCQB:CLRYF) (the “Company” or “Clarocity“) today announced that it has agreed to issue 1,360,000 common shares to StableView Asset Management Inc. (“StableView“) in payment of outstanding debt arising from past services performed in the amount of $149,600. The deemed issue price per share is $0.11, being… [Read More]
Brookfield Asset Management Reports Second Quarter 2017 Results
BROOKFIELD, NEWS–(Marketwired – Aug. 10, 2017) – Brookfield Asset Management Inc. (NYSE:BAM)(TSX:BAM.A)(EURONEXT:BAMA), a leading global alternative asset manager, today announced financial results for the quarter ended June 30, 2017. Bruce Flatt, CEO of Brookfield, stated that, “Institutional interest in real assets remains strong, and we expect this trend to continue for the foreseeable future. During… [Read More]
Melcor Developments announces second quarter results, declares quarterly dividend of $0.13
EDMONTON, AB–(Marketwired – August 09, 2017) – Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the quarter ended June 30, 2017. Revenue was $46.96 million in the quarter, up 12% over Q2-2016. Revenue for the first half of the year was $85.52 million, up 18%.
Northview Apartment REIT Reports Q2 2017 Financial Results, Same Door NOI Growth of 3.9%, Improved Leverage and Fair Value Gain of $92 Million
CALGARY, ALBERTA–(Marketwired – Aug. 9, 2017) – Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN), today announced financial results for the three and six months ended June 30, 2017. Todd Cook, President and CEO commented, “The continued strong performance in our Ontario and Northern Canada markets and improvements in a number of Western Canada markets… [Read More]
Crombie REIT Reports Second Quarter 2017 Results
NEW GLASGOW, NS, Aug. 9, 2017 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to report its financial results for the three and six months ended June 30, 2017. Second quarter 2017 Highlights (In thousands of CAD dollars, except per unit amounts and as otherwise noted). Funds From Operations (“FFO”): FFO… [Read More]
Consolidated HCI Holdings Corporation Announces its 2017 Third Quarter Results
WOODBRIDGE, ON, Aug. 9, 2017 /CNW/ – Consolidated HCI Holdings Corporation today announced its fiscal 2017 third quarter results. 3 months ended June 30 9 months ended June 30 2017 2016 2017 2016 ($000’s except earnings per share) Revenue $264 $335 $943 $910 Net earnings for the period $1,705 $ 37 $2,181 $279 Earnings per share… [Read More]
Summit Industrial Income REIT Announces Strong Growth in Second Quarter 2017
TORONTO, Aug. 9, 2017 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today strong growth and solid operating performance for the three and six months ended June 30, 2017. Highlights: Monthly cash distributions increased 2.4% to $0.043 per unit, $0.516 annualized. Completed successful $69.0 million bought-deal equity offering on June… [Read More]
Tricon Capital Group Announces Q2 2017 Results
Strong Operational Performance Across all Business Verticals, Silver Bay Integration on Track /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Aug. 9, 2017 /CNW/ – Tricon Capital Group Inc. (TSX: TCN), a principal investor and asset manager focused on the residential real estate industry, today announced its consolidated financial… [Read More]
Summit Industrial Income REIT to Acquire GTA Industrial Property
TORONTO, Aug. 9, 2017 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived conditions and will acquire a 116,818 square foot light industrial property well located in Oakville, Ontario. The property, constructed in 2002 and expanded in 2010, is a modern Class A logistics facility located close… [Read More]
Lanesborough REIT reports 2017 second quarter results
WINNIPEG, Aug. 9, 2017 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) today reported its operating results for the quarter ended June 30, 2017. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with Management’s Discussion & Analysis and the financial statements for… [Read More]
Morguard Corporation Announces 2017 Second Quarter Results and Regular Eligible Dividend
MISSISSAUGA, ON, Aug. 9, 2017 /CNW/ – Morguard Corporation (“Morguard” or the “Company”) (TSX:MRC) today announced its financial results for the three and six months ended June 30, 2017. Second Quarter Reporting Highlights: Total revenue increased by $48.0 million to $275.7 million for the three months ended June 30, 2017, compared to $227.7 million for the… [Read More]
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