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Morguard Real Estate Investment Trust Announces 2021 First Quarter Results


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: ....

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TWC Enterprises Limited Increases Ownership Position in Automotive Properties REIT


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KING CITY, Ontario, March 08, 2021 (GLOBE NEWSWIRE) TWC Enterprises Limited ( TWC ) today announced that, it has acquired beneficial ownership of, or control or direction over 819,600 trust units (
Units ) of Automotive Properties Real Estate Investment Trust (
REIT ) (TSX:APR), through the facilities of the Toronto Stock Exchange and alternative Canadian trading systems between November 19, 2020 and March 5, 2021 at a weighted average price of $10.83 per Unit. The Units acquired by TWC represent 2.17% of the issued and outstanding Units of the REIT (the Acquisition ).
Prior to the Acquisition, TWC beneficially owned, or had control or direction over 6,057,457 Units and K. Rai Sahi has 10,000 Units, together representing 16.10% of the issued and outstanding Units of REIT. Following the Acquisition, TWC and K. Rai Sahi have beneficial ownership of, or control or direction over, 6,887,057 Units of REIT, representing 18.27% of the issued and outstanding ....

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