Archive for July, 2008

RioCan Real Estate Investment Trust Announces Second Quarter Results – FOXBusiness

July 31st, 2008 by Admin

RioCan Real Estate Investment Trust Announces Second Quarter Results
FOXBusiness - Jul 28, 2008
FFO is a widely accepted supplemental measure of a Canadian real estate investment trust's performance and should not be construed as an alternative to net
UPDATE 1-Canada property firm RioCan returns to profit Reuters
RioCan reports $44.9-million profit, after last year's loss ReportonBusiness.com
all 84 news articles

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Mirvac Freezes Mortgage Funds on $227 Million Impaired Loans (Bloomberg.com)

July 31st, 2008 by Admin

Aug. 1 (Bloomberg) — Mirvac Group , an Australian real estate investment trust, stopped redemptions for three mortgage funds holding more than A$243 million ($227 million), as investors seek to pull out of property assets amid the global credit crisis.

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Morguard REIT Q2 profit slumps – Quick Facts (Nasdaq)

July 31st, 2008 by Admin

(RTTNews) – Morguard Real Estate Investment Trust (MRT_U.TO) reported second quarter net income of C$14.4 million or $0.24 per diluted unit compared to $32.7 million or C$0.55 per unit in the prior year quarter.

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Morguard Real Estate Investment Trust reports Q2 profit of $14.4 million (Canadian Business)

July 31st, 2008 by Admin

MISSISSAUGA, Ont. – Morguard Real Estate Investment Trust (TSX: MRT.UN) reported a second-quarter profit of $14.4 million, down from a year ago when the trust earned $32.7 million.

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Morguard Real Estate Investment Trust Announces Q2 2008 Results (CNW Group via Yahoo! Finance)

July 31st, 2008 by Admin

Morguard Real Estate Investment Trust today announced its financial results for the three and six-month periods ended June 30, 2008.

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Mirvac Freezes Mortgage Funds on Impaired Loans, Review Says (Bloomberg.com)

July 31st, 2008 by Admin

Aug. 1 (Bloomberg) — Mirvac Group , an Australian real estate investment trust, has stopped redemptions and halted new applications for three mortgage funds holding more than A$240 million ($226 million), the Australian Financial Review reported.

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National Retail’s 2Q FFO jumps 16 percent (AP via Yahoo! Finance)

July 31st, 2008 by Admin

Real estate investment trust National Retail Properties Inc. said Thursday its second quarter funds from operations jumped 16 percent, helped by a boost in revenue from rental income and higher interest from real estate transactions.

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Global Real Estate Investment Trusts: An Essential Resource for Top-level Data and Analysis (Business Wire via Yahoo! Finance)

July 31st, 2008 by Admin

DUBLIN, Ireland—-Research and Markets has announced the addition of the “Global Real Estate Investment Trusts” report to their offering.

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RioCan Real Estate Investment Trust acquires Ottawa Property – Quick Facts (Nasdaq)

July 31st, 2008 by Admin

(RTTNews) – RioCan Real Estate Investment Trust (REI-UN.TO) announced that it has acquired 1650-1660 Carling Avenue, in Ottawa, Ontario from Canadian Tire Real Estate Limited for a acquisition price of $40 million and capitalization rate of 6.4%.

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RioCan Real Estate Investment Trust Announces Acquisition of Ottawa Property (Marketwire via Yahoo! Finance)

July 31st, 2008 by Admin

RioCan Real Estate Investment Trust today announced the acquisition of 1650-1660 Carling Avenue, in Ottawa, Ontario from Canadian Tire Real Estate Limited for a purchase price of $40 million and capitalization rate of 6.4%.

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