Inovalis Real Estate Investment Trust Announces Financial Results for the First Quarter of 2021 apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Canada’s real estate operators call for improvements to national rent support program on behalf of businesses
June 28, 2021 14:30 ET | Source: REALPAC REALPAC Toronto, Ontario, CANADA
Toronto, Canada, June 28, 2021 (GLOBE NEWSWIRE) Canada’s commercial real estate industry, represented by REALPAC, BOMA and NAIOP, is calling on the Government of Canada to enhance the Canada Emergency Rent Subsidy (CERS) program. The industry, which combined with residential real estate, is the largest contributor to Canada’s economy by GDP, suggests a series of changes it believes are essential for the Canadian business community’s reopening.
The commercial real estate industry across Canada appreciates the federal government’s efforts to support businesses during these challenging times. Tenants and landlords welcomed moves to improve the Canada Emergency Commercial Rent Assistance (CECRA) program with the subsequent CERS program. H
Morguard Real Estate Investment Trust Announces 2021 First Quarter Results
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MISSISSAUGA, ON, April 28, 2021 /CNW/ - Morguard Real Estate Investment Trust ( the Trust ) (TSX: MRT.UN) today is pleased to announce its 2021 First Quarter Results. These results have been prepared in accordance with International Financial Reporting Standards ( IFRS ).
Three Months Ended March 31,
In thousands of dollars, except per-unit amounts
2021
$60,970
(14,449)
Net income/(loss) – basic
$0.23
$0.23
CONSOLIDATED OPERATING HIGHLIGHTS FOR THE THREE MONTH PERIOD ENDED MARCH 31, 2021
Revenue from real estate properties includes contracted rent from tenants along with recoveries of property expenses (including property taxes).
The following is an analysis of revenue from real estate properties by segment: