MISSISSAUGA, ON, May 5, 2016 /CNW/ – Morguard Corporation (TSX: MRC) today announced that Dominion Bond Rating Services (DBRS) confirmed its Issuer Rating of BBB (low) with a Stable trend. The renewed rating remains consistent with the initial DBRS rating in September 2013. In its report, which reflects the credit quality of debt that ranks… [Read More]
Firm Capital Property Trust Announces First Quarter Results
TORONTO, May 5, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its financial results for the three months ended March 31, 2016. FIRST QUARTER HIGHLIGHTS Including a gain on sale generated from the sale of two properties from the Centre Ice Retail Portfolio, three months ended March… [Read More]
Artis Releases First Quarter Results: FFO Payout Ratio Improves to 71.1%
WINNIPEG, May 5, 2016 /CNW/ – Today Artis Real Estate Investment Trust (“Artis” or the “REIT”) issued its financial results and achievements for the three months ended March 31, 2016. All amounts are in thousands of Canadian dollars and are inclusive of Artis’ ownership in investments in joint ventures on a proportionate share basis, unless otherwise noted…. [Read More]
Dream Office REIT Reports First Quarter Results and Solid Progress on Three-Year Plan
TORONTO, ONTARIO–(Marketwired – May 5, 2016) – DREAM OFFICE REIT (TSX:D.UN) or (the “Trust” or “we”) today announced its financial results for the three months ended March 31, 2016 and provided an update to its three-year strategic plan (the “Plan”). PLAN UPDATE On February 18, 2016, we announced our Plan to reduce the discount between… [Read More]
Cominar Pursues its Capital Optimization Strategy
QUÃBEC, May 5, 2016 /CNW Telbec/ – Cominar Real Estate Investment Trust (“Cominar” or the “REIT”)(TSX: CUF.UN) announced today its results for the first quarter of fiscal 2016. Highlights for the Quarter Ended March 31, 2016 Increased cash flows provided by operating activities of 27.9% Disposition of income properties for $71.7M Repurchase of units under the NCIB… [Read More]
Granite Announces 2016 First Quarter Results
TORONTO, May 4, 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 month period ended March 31, 2016. HIGHLIGHTS Highlights for the three month period ended March 31, 2016, including events subsequent to the quarter, are set out below: Funds from operations… [Read More]
Dream Global REIT Announces Voting Results for Election of Trustees
TORONTO, ONTARIO–(Marketwired – May 4, 2016) – DREAM GLOBAL REIT (TSX:DRG.UN) announced that, at its annual general meeting held today, all of the nominees for election as trustees of Dream Global REIT referred to in its management information circular for the meeting were elected by acclamation. If a ballot vote had been taken, based solely… [Read More]
Starlight U.S. Multi-Family Core Funds announce appointment of Martin Liddell as Chief Financial Officer
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, May 4, 2016 /CNW/ – Starlight U.S. Multi-Family Core Fund (TSX.V: UMF.A, UMF.U), Starlight U.S. Multi-Family (No. 2) Core Fund (TSXV: SUD.A / SUD.U), Starlight U.S. Multi-Family (No. 3) Core Fund (TSXV: SUS.A / SUS.U) and Starlight U.S. Multi-Family (No…. [Read More]
True North Commercial REIT announces strong first quarter 2016 financial results
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ REIT reports record-setting quarterly revenue and year-over-year increases to NOI and AFFO of 8% and 7%, respectively TORONTO, May 4, 2016 /CNW/ – True North Commercial Real Estate Investment Trust (TSX: TNT.UN) (the “REIT”) today announced strong financial results for the first quarter ended March 31,… [Read More]
Campar Capital Corporation announces appointment of Director
TORONTO, May 4, 2016 /CNW/ – Campar Capital Corporation (the “Corporation“) (TSXV: CHK.P), a capital pool company is pleased to announced that the Corporation has appointed Mr. Martin Liddell to the Board of Directors. Mr. Liddell currently serves as the Chief Financial Officer of the Corporation and brings significant senior management experience in finance, strategic… [Read More]
Zaio Corporation Announces ZDS Private Placement Subscription and Early Termination of ZDS Warrants
CALGARY, May 4, 2016 /CNW/ – Zaio Corporation (TSXV: ZAO) (the “Company” or “Zaio”) today announces that it has closed the previously announced private placement with Zone Data System, LLC (“ZDS”). ZDS subscribed for 451,520 common shares of Zaio at CAD $0.11 per share for gross proceeds of CAD $49,667, following the previously announced surrender and… [Read More]
Crombie REIT reports first quarter results
NEW GLASGOW, NS, May 4, 2016 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX:CRR.UN) is pleased to report its financial results for the three months ended March 31, 2016. First quarter 2016 Highlights (In thousands of CAD dollars, except per unit amounts and as otherwise noted). Portfolio fair value of $4.1 billion. Funds From Operations… [Read More]
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