TORONTO, May 12, 2016 /CNW/ – InnVest Real Estate Investment Trust (“InnVest” or the “REIT”); (TSX:INN.UN) announced today its operating and financial results for the three months ended March 31, 2016. The first quarter is historically the REIT’s lowest earnings period and is not indicative of annual results. FIRST QUARTER 2016 HIGHLIGHTS: Completed acquisition of Ottawa… [Read More]
Lanesborough REIT announces intention to extend and amend Series G debentures and reduction in revolving loan facility interest rate
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ WINNIPEG, May 12, 2016 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today its intention to extend and amend its issued and outstanding 9.50% Series G Redeemable Subordinated Secured Debentures due June 30, 2018 (the “Debentures”). In particular, LREIT… [Read More]
Summit Industrial Income REIT announces results of voting for trustees at annual general meeting of unitholders
TORONTO, May 11, 2016 /CNW/ – Summit Industrial Income REIT (the “REIT“) (TSX:SMU.UN) is pleased to announce the results of the vote on trustees at its May 11, 2016 annual general unitholders’ meeting. Each of the nominee trustees listed in the REIT’s management information circular dated March 31, 2016 was elected as a trustee of… [Read More]
MCAN Mortgage Corporation reports 81% increase in first quarter earnings
Stock market symbol TSX: MKP TORONTO, May 11, 2016 /CNW/ – MCAN Mortgage Corporation (“MCAN”, the “Company” or “we”) reported strong earnings today for the first quarter of 2016. Highlights Net Income Net income was $7.8 million in Q1 2016, an increase of $3.5 million (81%) from $4.3 million in Q1 2015 due to a 79%… [Read More]
CAPREIT Further Diversifies Portfolio with Purchase of High Quality Townhome and MHC Properties
TORONTO, ONTARIO–(Marketwired – May 11, 2016) – Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a residential townhome property in Mississauga, Ontario and a fully-occupied Manufactured Housing Community (“MHC”) in Fort St. John, British Columbia. The townhome property contains 50 three bedroom units and five… [Read More]
Tricon Capital Group Announces Strong Q1 2016 Results
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./ Acquisitions Across All Verticals Lead to 26% Growth in AUM TORONTO, May 11, 2016 /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… [Read More]
Lanesborough REIT Reports 2016 First Quarter Results
WINNIPEG, May 11, 2016 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) today reported its operating results for the quarter ended March 31, 2016. 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]
Plaza Retail REIT Announces Solid Results for the Three Months Ended March 31, 2016
– NOI growth from developments/redevelopments/acquisitions drives AFFO growth of 4.6% FREDERICTON, May 11, 2016 /CNW Telbec/ – Plaza Retail REIT (TSX: PLZ.UN) (“Plaza” or the “REIT”) today announced solid financial results for the three months ended March 31, 2016. Michael Zakuta, President and CEO said, “We are pleased with our financial results for the three months… [Read More]
H&R REIT Announces First Quarter 2016 Results
TORONTO, May 11, 2016 /CNW/ – H&R Real Estate Investment Trust (“H&R REIT” or the “REIT”) and H&R Finance Trust (collectively, “H&R”) (TSX: HR.UN; HR.DB.D; HR.DB.E and HR.DB.H) today announced its financial results for the three months ended March 31, 2016. Financial Highlights 3 months ended March 31 2016 2015 Rentals from investment properties (millions)… [Read More]
MINT Income Fund Announces Normal Course Issuer Bid
CALGARY, May 11, 2016 /CNW/ – MINT Income Fund announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”) for its units through the facilities of the TSX. This NCIB will commence on May 16, 2016 and will terminate on… [Read More]
RioCan Real Estate Investment Trust Donates $25,000 to Support Relief Efforts in Fort McMurray
TORONTO, ONTARIO–(Marketwired – May 11, 2016) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) has committed $25,000 to the Canadian Red Cross to support the immediate needs of the Fort McMurray community. “As a proud member of the community, our hearts go out to all those affected,” said Edward Sonshine, Chief Executive Officer of RioCan…. [Read More]
Terra Firma Capital Corporation Reports Results for the Three Months Ended March 31, 2016
– Increased Total Assets by 66% Year Over Year – Grew Revenue 7% Year Over Year TORONTO, ONTARIO–(Marketwired – May 11, 2016) – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES All amounts are stated in Canadian dollars Terra Firma Capital Corporation (TSX VENTURE:TII) (“Terra Firma” or the “Company“),… [Read More]
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