TORONTO, ONTARIO–(Marketwired – Nov. 3, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) – RioCan’s HIGHLIGHTS for the three and nine months ended September 30, 2016: Operating Income grew by 9.2% for the three months ended September 30, 2016 (“Third Quarter”) to $178 million from $163 million for the quarter ended September 30, 2015;… [Read More]
Cominar Accelerates Its Debt Reduction
QUÃBEC, Nov. 3, 2016 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”) (TSX: CUF.UN) announced today its results for the third quarter of fiscal 2016. Highlights for the Quarter Ended September 30, 2016 Offering of units for $200 million Re-instatement of distribution reinvestment plan “The offering of units for $200 million that… [Read More]
Granite Announces 2016 Third Quarter Results and Increases Distribution
TORONTO, Nov. 2, 2016 /CNW/ – Granite Real Estate Investment Trust and Granite REIT Inc. (TSX: GRT.UN; NYSE: GRP.U) (“Granite” or the “Trust”) today announced their combined results for the three and nine month periods ended September 30, 2016, and an increase to Granite’s targeted annualized distribution, to $2.60 from $2.40 per stapled unit, to be effective upon… [Read More]
Smart Real Estate Investment Trust Releases Third Quarter Results for 2016
TORONTO, ONTARIO–(Marketwired – Nov. 2, 2016) – Smart Real Estate Investment Trust (“SmartREIT” or “the Trust”) (TSX:SRU.UN) is pleased to report positive results for the third quarter ended September 30, 2016. Highlights for the quarter ended September 30, 2016: The Trust improved its occupancy to 98.3% in the quarter (from 98.2% in the second quarter)… [Read More]
Partners Announces Results for the Third Quarter of 2016
TORONTO, ONTARIO–(Marketwired – Nov. 2, 2016) – Partners Real Estate Investment Trust (the “REIT” or “Partners”) (TSX:PAR.UN) today announced its results for the three month period ended September 30, 2016 (the “third quarter”). THIRD QUARTER 2016 HIGHLIGHTS Net income of $3.3 million, an improvement of $2.9 million when compared to the third quarter of 2015…. [Read More]
Morguard Real Estate Investment Trust Announces 2016 Third Quarter Results
MISSISSAUGA, ON, Nov. 2, 2016 /CNW/ – Morguard Real Estate Investment Trust (“the Trust”) (TSX: MRT.UN) today is pleased to announce its financial results for the three months and nine months ended September 30, 2016 (“Q3”). These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”). The Trust’s fully diluted funds from operations… [Read More]
Firm Capital Property Trust announces 4.8% increase in monthly distributions, revised November and December 2016 cash distributions and acquisition of a Moncton retail property
TORONTO, Nov. 1, 2016 /CNW/ – Firm Capital Property Trust (the “Trust“) (TSXV: FCD.UN) announced today that its Board of Trustees has approved a 4.8% increase in its monthly distributions to $0.036666 per unit from $0.035 per unit. On an annualized basis this equates to anticipated distributions of $0.44 per unit up from $0.42 per… [Read More]
Killam Apartment REIT Announces Q3-2016 Results, Including 3.0% Same Property NOI Growth, $0.24 in FFO Per Unit, Improved Leverage and the Completion of Its Newest Development Project
HALIFAX, NOVA SCOTIA–(Marketwired – Nov. 1, 2016) – Killam Apartment REIT (TSX:KMP.UN) (“Killam”) is pleased to report its Q3-2016 results, including diluted funds from operations (“FFO”) per unit of $0.24, consistent with $0.24 in Q3-2015. “We made meaningful progress on our strategic priorities during the quarter” noted Philip Fraser, President and CEO. “We achieved net… [Read More]
CT REIT Announces Distribution Increase and Reports Strong Third Quarter Results
CT REIT increases annual distribution by 3.0% beginning January 2017 Announces five new investments totalling $74 million 9.4% increase in AFFO per unit TORONTO, Nov. 1, 2016 /CNW/ – CT Real Estate Investment Trust (“CT REIT”) (TSX: CRT.UN) today reported its consolidated financial results for the third quarter ended September 30, 2016. “Our growth strategy… [Read More]
Morguard North American Residential REIT Announces 2016 Third Quarter Results and an Increase to Monthly Cash Distributions
MISSISSAUGA, ON, Nov. 1, 2016 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the three and nine months ended September 30, 2016. Third Quarter Highlights The Board of Trustees has also announced it will increase the REIT’s annual cash distribution by $0.04 per Unit (6.7%). The increase… [Read More]
Allied Announces Third-Quarter Results With Continuing Growth in NAV per Unit and Intensification Potential
TORONTO, ONTARIO–(Marketwired – Nov. 1, 2016) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced results for its third quarter ended September 30, 2016. “In many respects, 2016 has been a better year than expected,” said Michael Emory, President & CEO. “Our operating environment has remained supportive, and our rental and development portfolios… [Read More]
Mosaic Capital Corporation Announces Overnight-Marketed Public Offering of Convertible Unsecured Senior Subordinated Debentures
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. CALGARY, Nov. 1, 2016 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.PR.A) announced today that it has filed a preliminary prospectus supplement (the “Prospectus Supplement“)… [Read More]
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