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Tricon Capital Group Announces Strong Q4 and Year-End Results Driven by Growth in AUM and Investment Income

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ TORONTO, Feb. 22, 2017 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”, TSX: TCN), a principal investor and asset manager focused on the residential real estate industry, today announced its consolidated financial results for the three and twelve months… [Read More]

Temple Hotels Inc. Reports 2016 Financial Results

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MISSISSAUGA, ON, Feb. 22, 2017 /CNW/ – Temple Hotels Inc. (“Temple” or the “Company”) (TSX: TPH) today reported its financial results for the year ended December 31, 2016. The following comments in regard to the financial position and operating results of Temple should be read in conjunction with Management’s Discussion & Analysis and the financial statements… [Read More]

Allied Announces Change of Auditor

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TORONTO, ONTARIO–(Marketwired – Feb. 22, 2017) – Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today the appointment of Deloitte LLP (“Deloitte”) as its auditor effective February 22, 2017. Following the recommendation of the Audit Committee, Allied’s Board of Trustees accepted the resignation of BDO Canada LLP (“BDO Canada”) and approved the appointment of Deloitte. In accordance… [Read More]

Allied Announces Fourth-Quarter and Year-End Results

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TORONTO, ONTARIO–(Marketwired – Feb. 22, 2017) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced results for its fourth quarter and year ended December 31, 2016. “Our strategy is to profit from the ongoing intensification of Canada’s major cities by operating, consolidating and developing distinctive urban workspace,” said Michael Emory, President & CEO…. [Read More]

Crombie Reit reports fourth quarter and fiscal 2016 results

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NEW GLASGOW, NS, Feb. 22, 2017 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX:CRR.UN) is pleased to report its financial results for the three months and year ended December 31, 2016. Fourth quarter 2016 Highlights (In thousands of CAD dollars, except per unit amounts and as otherwise noted). Funds From Operations (“FFO”): FFO, as adjusted,… [Read More]

Automotive Properties REIT Fourth Quarter 2016 Financial Results Release Date, Conference Call and Webcast

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TORONTO, Feb. 22, 2017 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) will release its 2016 fourth quarter and year-end financial results after market close on Monday, March 20, 2017.  Milton Lamb, Chief Executive Officer, and Andrew Kalra, Chief Financial Officer, will host a conference call for analysts and investors on Tuesday,… [Read More]

Summit Industrial Income REIT Announces Solid Growth & Strong Performance in 2016

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TORONTO, Feb. 21, 2017 /CNW/ – Summit Industrial Income REIT (“Summit II” or the “REIT”) (TSX: SMU.UN) announced today solid growth and strong operating performance for the three months and year ended December 31, 2016. 2016 Highlights: Acquired seven income-producing properties totaling 763,898 sq. ft. for $80.9 million at average cap rate of 7.05%. Entered… [Read More]

Dream Industrial REIT Reports Stable 2016 Financial Results

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TORONTO, ONTARIO–(Marketwired – Feb. 21, 2017) – This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release DREAM INDUSTRIAL REIT (TSX:DIR.UN) today announced its financial results for the three months and year ended December 31, 2016…. [Read More]

InterRent REIT Results for the Fourth Quarter and 2016 Results

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OTTAWA, ONTARIO–(Marketwired – Feb. 21, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES InterRent Real Estate Investment Trust (TSX:IIP.UN) (“InterRent” or the “REIT“) today reported financial results for the fourth quarter and year ended December 31, 2016. Highlights Gross rental revenue for the year increased by… [Read More]

CAPREIT Changes Time of Year End 2016 Results Conference Call

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TORONTO, ONTARIO–(Marketwired – Feb. 21, 2017) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it has changed the time for its year-end 2016 investor conference call. CAPREIT will issue its financial results for the year ended December 31, 2016 after markets close on: Monday, February 27, 2017 A conference call hosted… [Read More]

Killam Apartment REIT Announces $70 Million Public Offering of Trust Units

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HALIFAX, NOVA SCOTIA–(Marketwired – Feb. 21, 2017) – NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Killam Apartment REIT (“Killam”) (TSX:KMP.UN) is pleased to announce that it has reached an agreement with a syndicate of underwriters led by RBC Capital Markets to issue to the public, subject… [Read More]

Clarocity Corporation Announces Amended Debt Facility

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CALGARY, Feb. 21, 2017 /CNW/ -Clarocity Corporation (TSXV: CLY) (the “Company” or “Clarocity“) today announced that it has amended the previously announced (see August 31, 2016, September 22, 2016 and January 23, 2017 press releases) debt facility (“Facility“) provided by StableView Asset Management (“StableView“).  The initial $4,000,000 Facility has been drawn down and the Company… [Read More]