TORONTO, Aug. 3, 2016 /CNW/ – First Capital Realty Inc. (“First Capital Realty”) (TSX: FCR), one of Canada’s largest owners, developers and managers of grocery anchored, retail-focused urban properties, announced today financial results for the three and six months ended June 30, 2016. SELECTED FINANCIAL INFORMATION (unaudited) Three months ended June 30 Six months ended June 30… [Read More]
Allied Announces Strategic Toronto Acquisitions for $101 Million
TORONTO, ONTARIO–(Marketwired – Aug. 3, 2016) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has entered into agreements to acquire the following properties in Toronto (the “Properties”) for $101 million: ADDRESS TOTAL OFFICE RETAIL PARKING GLA GLA GLA SPACES 461 King Street West 81,091 43,771 37,320 35 642 King Street… [Read More]
Allied Announces Second-Quarter Results with Continuing Leasing Momentum and Renewed Acquisition Momentum
TORONTO, ONTARIO–(Marketwired – Aug. 3, 2016) – Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced results for its second quarter ended June 30, 2016. “Our rental and development portfolios met expectations in the first half,” said Michael Emory, President & CEO. “I expect this to continue through the remainder of the year. Our… [Read More]
Morguard Real Estate Investment Trust Announces 2016 Second Quarter Results
MISSISSAUGA, ON, Aug. 3, 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 six months ended June 30, 2016 (“Q2”). These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”). The Trust’s fully diluted FFO for… [Read More]
Crombie REIT reports second quarter fiscal 2016 results
NEW GLASGOW, NS, Aug. 3, 2016 /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, 2016. Second quarter 2016 Highlights (In thousands of CAD dollars, except per unit amounts and as otherwise noted). Portfolio fair value of $4.7 billion…. [Read More]
Canadian Apartment Properties Real Estate Investment Trust Announces Closing of $165 MM Equity Financing
TORONTO, ONTARIO–(Marketwired – Aug. 3, 2016) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that it has closed its previously announced issue and sale of 5,126,000 units for $32.20 per unit for aggregate gross proceeds of $165,057,200, which… [Read More]
Genworth MI Canada Inc. Announces Common Dividend in the Third Quarter 2016
TORONTO, Aug. 2, 2016 /CNW/ – The Board of Directors of Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.42 per common share for the third quarter of 2016. This dividend will be paid on August 26, 2016, to shareholders of record at the… [Read More]
Genworth MI Canada Inc. Reports Second Quarter 2016 Results Including Net Operating Income of $99 Million
Premiums Written: $249 million, up 21% Y/YPremiums Earned: $158 million, up 3% Q/QLoss Ratio: 21%, down 3 points Q/QNet Operating Income: $99 million, up 8% Q/QFully Diluted Operating EPS: $1.07, up 8% Q/Q TORONTO, Aug. 2, 2016 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) today reported second quarter 2016 net income of… [Read More]
Morguard North American Residential REIT Announces 2016 Second Quarter Results
MISSISSAUGA, ON, Aug. 2, 2016 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the three and six months ended June 30, 2016. Second Quarter Highlights The REIT is reporting performance of: Adjusted net operating income (“Adjusted NOI”) of $28.2 million for the three months ended June 30,… [Read More]
CT REIT Announces Strong Second Quarter Results
CT REIT announces five new investments totalling $24 million 5.5% increase in AFFO per unit TORONTO, Aug. 2, 2016 /CNW/ – CT Real Estate Investment Trust (“CT REIT”) (TSX: CRT.UN) today reported its consolidated financial results for the second quarter ended June 30, 2016. “In the second quarter, we closed on properties adding 1.1 million… [Read More]
SmartREIT Announces PWC as Lead Tenant in Its New Class-A Office Tower at Vaughan Metropolitan Centre
TORONTO, ONTARIO–(Marketwired – Aug. 2, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar today announced plans for a new Class-A office tower in the Vaughan Metropolitan Centre (“VMC”) with professional services firm PwC Canada as the lead tenant. VMC is the new downtown of Vaughan at Highway 400 and Highway 7, a… [Read More]
Mosaic Capital Corporation Enters into Agreement to Acquire Mackow Industries
CALGARY, Aug. 2, 2016 /CNW/ – Mosaic Capital Corporation (“Mosaic“) (TSX-V Symbols: M and M.PR.A) is pleased to announce that it has entered into an agreement to acquire an 80% interest in the business being carried on by Mackow Industries (“Mackow”). The remaining 20% will be retained by key management of Mackow. Founded in 1985… [Read More]
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