Cromwell European REIT — Whistle-blower statement The information included on this website does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for units in Cromwell European Real Estate Investment … This company, which started out after WWII in the mobile home industry, later become the premier builder of manufactured housing. InterRent prepares and releases unaudited quarterly and audited consolidated annual financial statements prepared in accordance with IFRS (GAAP). OTTAWA, ON / ACCESSWIRE / November 4, 2019 / InterRent Real Estate Investment … by @newswire on 30 Jul 2019, 19:00 ... InterRent prepares and releases unaudited quarterly and audited consolidated annual financial statements prepared in accordance with IFRS (GAAP). The trustees of the REIT were authorized to elect the nominees listed in the Information Circular as trustees of InterRent Trust, until the next annual meeting of the unitholders or until their successors are elected or appointed. Gross rental revenue for the quarter was $40.6 million, an increase of $3.3 million, or 8.8%, compared to Q3 2019. OTTAWA, ON / ACCESSWIRE / August 10, 2020 / InterRent Real Estate Investment Trust (TSX-IIP.UN) ("InterRent" or the "REIT") today reported … The Trust has been extremely encouraged by the goodwill, positive sentiment, and community spirit that our residents have shown in the face of the pandemic and in response to the Trust’s actions. InterRent Real Estate Investment Trust (TSX-IIP.UN) ("InterRent" or the "REIT") today reported financial results for the Third quarter ended September 30, 2020. InterRent REIT Reports Results for the Third Quarter of 2019 and a 6.9% Increase in the Monthly Distribution . Now the question becomes, ‘what about the companies that have been kept alive that otherwise would have gone out of business?”’While zombie firms are more commonly associated with 1990s Japan, post-crisis Europe or even China in recent years, their ranks in the U.S. have been increasing for over a decade, fueled in part by years of ultra-loose monetary policy.Zombie companies get their nickname because of their tendency to limp along, unable to earn enough to dig out from under their obligations, but still with sufficient access to credit to roll over their debts. (Corrects figures in headline, fourth, 12th and 18th paragraphs as well as charts of Nov. 17 story to reflect additional companies that didn’t cover their interest costs. Companies from Pakistan to China have cancelled a flurry of LNG tenders this week, several trade sources said, as lofty prices risk pushing up the input costs of industries, which could make energy more expensive for consumers. Prospective residents now have the option of seeing living accommodations and completing applications online or in person. InterRent Real Estate Investment Trust (TSX-IIP.UN) ('InterRent' or the 'REIT') today reported financial results for the second quarter ended June 30, 2020.. These non-GAAP measures are further defined and discussed in the MD&A dated November 9, 2020, which should be read in conjunction with this press release. NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESOTTAWA, Ontario--(BUSINESS WIRE)--InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or the “REIT”) today reported financial results for the Third quarter ended September 30, 2020. As a REIT, UMH has benefitted from the nature of manufactured houses as affordable options in the housing market. InterRent REIT Reports Results for the Third Quarter of 2020, Operational Update related to COVID-19 and a 5% Increase in the Monthly Distribution On a same property portfolio basis (same properties are income properties owned by the REIT throughout the comparative periods), the average monthly rent per suite increased from $1,274 (September 2019) to $1,337 (September 2020), an increase of 4.9%. InterRent REIT Reports Results for the Third Quarter of 2019 and a 6.9% Increase in the Monthly Distribution. FREE Breaking News Alerts from StreetInsider.com! Selected Consolidated InformationIn $000’s, except per Unit amountsand other non-financial data, Same property average rent per suite (September), Adjusted Cash Flow from Operations (ACFO), Debt service coverage (rolling 12 months). This difference was due primarily to a lower fair value gain on investment properties in Q3 2020 as compared to Q3 2019 offset by the higher non-cash fair value gains on unit-based liabilities and Class B unit liability from the Unit price depreciation in the quarter. * Workday Inc (NYSE: WDAY), Buy rating, $265 price target. It is very important to do your own analysis before making any investment. This is the eighth consecutive year … On March 11, 2020, the World Health Organization declared the outbreak of the novel strain of coronavirus "COVID-19" a global pandemic. The following five REITs performed relatively well throughout 2020, maintaining strong occupancy thanks to their recession-resistant business models. Ascendas Reit is Singapore’s first and largest listed business space and industrial real estate investment trust. November 4, 2019, 5:30 PM. The average selling price for FSD is $8,500 in 2020 and is slated to go up to $10,000 and $11,000 respectively by 2021 and 2022, as per Munster.Price Action: Tesla shares closed 1.65% lower at $622.77 on Wednesday and fell 0.35% in the after-hours session. Click here to check out Benzinga's EV Hub for the latest electric vehicles news.See more from Benzinga * Click here for options trades from Benzinga * Tesla Likely To Be A Big Macro Driver Of Markets In 2021, Says Deutsche Bank Analyst * Tesla Fated For Similar Downfall As Tilray, Stock To Hit - Levels In 2021, Says Long-Term Bear(C) 2020 Benzinga.com. On Wednesday, BofA Securities reinstated coverage of five cloud stocks and named its top picks in the group.The Cloud Analyst: Brad Sills reinstated coverage of the following cloud stocks: * Microsoft Corporation (NASDAQ: MSFT), Buy rating, $256 price target. Shares sell for $32.87, and the average price target of $38.33 suggests an upside potential of ~17%. LSF has a unanimous Strong Buy analyst consensus rating, based on 3 recent reviews. It’s a recipe for a calm news cycle.Which makes it a perfect time to buy into the stock market. Repositioned properties had an average monthly rent per suite of $1,361, occupancy of 94.2% for September 2020 and an NOI margin for the quarter of 67.1%. InterRent REIT is interesting in that they are overwhelmingly focused in just three cities: the NCR, GTA, and Montreal. * Salesforce.com, Inc. (NYSE: CRM), Buy rating, $275 price target. Retirees typically have broad income diversification, beyond government debt, through high-yield debt, emerging market bonds, investment-grade corporate bonds and inflation-protected government bonds (TIPS). And finally, all three of these stocks present with double-digit upside potentials, indicating that they are still undervalued.UMH Properties (UMH)We’ll start in the real estate investment trust (REIT) sector, with UMH Properties. Net Operating Income (NOI) for the quarter was $26.2 million, an increase of $0.4 million, or 1.7%, over Q3 2019. Share this article now. For further information about InterRent please contact: The TSX has not reviewed and does not accept responsibilityfor the adequacy or accuracy of this release. InterRent REIT’s sales and leasing teams have implemented an end-to-end contactless rental process. The pandemic led to store closures and stay-at-home orders across the country, which had a devastating impact on REITs. They’re a drag on the economy because they keep assets tied up in companies that can’t afford to invest and build their businesses.Of course, not every company that becomes a zombie is destined to stay one forever. 13 min read. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "anticipated", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". TSX Trust Company 301 – 100 Adelaide Street West, Toronto ON M5H 4H1 Toll Free: 1 (866) 393-4891 Tel: (416) 361-0152 Fax: (416) 361-0470 E-mail: info@tmx.com Website : www.tmx.com As a team, we focus on providing attentive care and support to all our customers on a daily basis. "What Happened: The billionaire entrepreneur made the comments while replying to a tweet that featured a demonstration of the self-driving software. “The question is whether the business model has changed so significantly as a result of the pandemic that survival comes into question. The September 2020 vacancy rate across the entire portfolio was 7.9%, an increase of 140 basis points as compared to June 2020. Before you plunge your $6,000 annual limit into a “Roth” individual retirement account for 2020, stop for a second and look at some fresh data out of Boston College. (C) 2020 Benzinga.com. More Americans filed for jobless claims for a second week in a row, amid surging coronavirus cases in the U.S. NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. As of 2020, the iPhone makes up the majority of Apple's total revenue. The pandemic exacerbated this perennial issue. Surging spot prices for liquefied natural gas (LNG) are exacerbating a gas supply crunch in key fast-growing emerging markets in Asia just as a cold spell in other parts of the region boosts demand for the fuel. News Release InterRent REIT Reports Results for the Third Quarter of 2020, Operational Update related to COVID-19 and a 5% Increase in the Monthly Distribution NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Ottawa, Ontario (November 9, 2020) – InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or the… Many firms that have seen earnings wiped out due to the coronavirus outbreak are likely to rebound once a vaccine allows the global economy to return to a more normal footing, and may ultimately not need all the debt they raised.Yet the sheer amount of borrowing undertaken by struggling corporations in recent months will almost certainly limit the capacity of some to make capital expenditures and adapt to shifting consumer habits as Covid-19 alters how Americans spend their money.Bloomberg’s analysis looked at the trailing 12-month operating income of firms in the Russell 3000 index relative to their interest expenses over the same period.The results paint a grim picture. "With sustained low 20s org rev growth possible in the coming years, and modest sales productivity improvement, we believe CRM will likely generate solid Margin expansion and 25%+ FCF growth," the analyst said.His other top stock pick is ServiceNow, which he said is a key driver of workplace automation. With InterRent’s portfolio continuing to demonstrate strong sustainable results, the Board of Trustees has approved a 5% increase to the distribution. The voting results for the GP are as follows: InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. Beloved household names. Share this article now. Over time, we expect LSF to be able to leverage its brand and vertically integrated operation into success in a broad range of plant-based categories, driving outsized top-line growth and healthy margin expansion.”Burleson rates LSF shares a Buy alongside a $70 price target. The REIT had $38.5 million in cash as of September 30, 2020. In this and other earnings releases, as a complement to results provided in accordance with GAAP, InterRent also discloses and discusses certain non-GAAP financial measures, including Gross Rental Revenue, NOI, Same Property results, Repositioned Property results, FFO, AFFO, ACFO and EBITDA. NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES . With InterRent's portfolio continuing to demonstrate strong sustainable results, the Board of Trustees has approved a 6.9% increase to the distribution. But investors looking for meaningful exposure to this hot stock may look elsewhere. The health and safety of residents and team members remains the Trust’s top priority. And when using the bank’s preferred methodology, which looks at debt to enterprise value, the share fell to just 6%, close to average levels since the late 1990s.“The zombie problem is fairly benign in the U.S.,” said Matthew Mish, a strategist at UBS. Is Gilead Stock A Buy After Dumping Its Arthritis Drug Onto Galapagos? Even more stark, they’ve added almost $1 trillion of debt to their balance sheets in the span, bringing total obligations to $1.98 trillion. Roku shares were rising Thursday after the streaming platform received a price target upgrade from analysts at Benchmark Co. Tax breaks for college tuition and refueling equipment for Teslas are slated to end at the end of the year. 2) LAZR will be the entrenched supplier to Mobileye by that time. Invest your money rather than park it in cash. While Oracle's cloud business has been accelerating, he said its cloud transition is still in the early stages, creating risk for investors.BofA projects that about 69% of Oracle's fiscal 2021 revenue will come from its zero-growth, legacy on-premise licensing, maintenance and hardware businesses.Sills named Salesforce as a top cloud stock pick due to its large installed user base and its impressive organic revenue growth runway. Annual Report InterRent REIT We are a team. NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. The content is intended to be used for informational purposes only. Nov 9, 2020. Net income for the quarter was $32.5 million, a decrease of $37.0 million compared to Q3 2019. Their shares have been on an incredible run since the 2008 financial crisis, appreciating over 1300% without dividend reinvestment, largely due to the surge in housing prices in Toronto. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support The study reflects results from over 300 adults.See more from Benzinga * Click here for options trades from Benzinga * Will Micron Or Intel Stock Grow More By 2025? To-date, mortgage financings and renewals have progressed on schedule with no significant delays noted as a result of COVID-19. Not for Distribution to United States Newswire Services or for Dissemination in the United States. "While the public offering that closed in June had a short term dilutive effect on per unit numbers, it has positioned the REIT in good standing to navigate the waters in these uncertain times. The increase will be effective for the November 2020 distribution that is to be paid in December 2020. And their numbers are swelling.From Boeing Co., Carnival Corp. and Delta Air Lines Inc. to Exxon Mobil Corp. and Macy’s Inc., many of the nation’s most iconic companies aren’t earning enough to cover their interest expenses (a key criterion, as most market experts define it, for zombie status).More than 200 corporations have joined the ranks of so-called zombie firms since the onset of the pandemic, according to a Bloomberg analysis of financial data from 3,000 of the country’s largest publicly-traded companies. This news release contains "forward-looking statements" within the meaning applicable to Canadian securities legislation. NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. The voting results for InterRent Trust are as follows: 4. The voting results for each matter presented at the Meeting are provided below: The following nominees listed in the Information Circular were elected as trustees of the REIT until the next annual meeting of the unitholders or until their successors are elected or appointed, and the voting results are as follows: RSM Canada LLP, Chartered Professional Accountants, were appointed as auditors of the REIT until the next annual meeting of the unitholders of at remuneration to be fixed by the trustees, and the voting results are as follows: 3. In fact, zombies now account for nearly a quarter of those firms. NOI for the quarter included approximately $533 thousand of COVID-19 related operating costs. The analyst suggests that if everything goes as planned, LAZR will be a $41 stock in the next 12 months, implying 68% return. With InterRent’s portfolio continuing to demonstrate strong sustainable results, the Board of Trustees has approved a 5% increase to the distribution. Fully diluted FFO per unit decreased by 6.2% from $0.129 per unit to $0.121 per unit. With a debt to GBV ratio of 30.9%, the REIT has significant liquidity available through both CMHC insured and conventional mortgage financing to provide for future capital programs, development opportunities and acquisitions. Funds from Operations, another key metric in the REIT sector, came in at 11 cents per share, down from 14 cents in 3Q19. Each of the matters voted upon at the Meeting is discussed in detail in the REITâs management information circular dated June 22, 2020 (the âInformation Circularâ) and is available on the REITâs website at www.interrentreit.com/MIC2020. The content is intended to be used for informational purposes only. REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada, August 4, 2020 By Globenewswire Tagged With: TSX:IIP.UN, NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Benzinga does not provide investment advice. The Trust recognizes that the pandemic has created significant hardship for many residents. InterRent REIT Reports Results for the Second Quarter of 2020 and Operational Update related to COVID-19 OTTAWA, ON / ACCESSWIRE / August 10, 2020 / InterRent Real Estate Investment Trust (TSX-IIP.UN) (" InterRent " or the " REIT ") today reported financial results for the second quarter ended June 30, 2020. The REIT believes that when immigration and in-person University classes return to more normalized levels, strong rental demand will return and will drive down vacancy and upward rental pressure will resume. The REIT has $172 million in current facilities; the ability to increase the current facilities by a further $60 million; and, an undrawn mortgage facility of $60 million, providing a total of $292 million of available credit. InterRent's primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet. (To watch Burleson’s track record, click here)Laird has not attracted a lot of analyst attention, but those who have reviewed the stock agree with Burleson’s assessment. * Oracle Corporation (NYSE: ORCL), Neutral rating, $68 price target.Related Link: 6 Cloud Stocks KeyBanc Likes Right NowThe Cloud Thesis: Sills is anticipating bullish momentum will continue for cloud stocks in 2021 and beyond, but he said some stocks are more compelling values than others.BofA is projecting that Microsoft can maintain double-digit revenue growth for at least the next three to five years, driven by the continued success of its Azure cloud infrastructure platform, the analyst said.In addition, Office 265 and a booming Xbox gaming business should generate tailwinds for Microsoft, he said. "Strong cash flows and collection rates have demonstrated the resiliency of the multi-family asset class demonstrated throughout the pandemic. * ServiceNow Inc (NYSE: NOW), Buy rating, $650 price target. OTTAWA, ON / ACCESSWIRE / May 5, 2020 / InterRent Real … Tuesday, May 5, 2020 7:15 AM . InterRent REIT 2019 Annual Report7 FFO/Unit Growth +8.1% +9.5% +6.8% +11.5% $1,214 $1,297 AFFO/Unit Growth $0.447 $0.483 2018 2019 2018 2019 2018 2019 2018 2019 $0.391 $0.428 Same Property Average Rent Growth From an economic theory standpoint, zombies lower long-term growth as you have mis-allocation of capital and companies commanding market share but without the ability to invest in growth. (To watch Richard’s track record, click here)Some stocks fly under the radar, and LAZR is one of those. These measures, which include the implementation of travel bans, self-imposed quarantine periods and social distancing, have caused material disruption to businesses globally resulting in an economic slowdown. OTTAWA, ON / ACCESSWIRE / August 10, 2020 / InterRent Real Estate Investment Trust (TSX-IIP.UN) ("InterRent" or the "REIT") today reported financial results for the second quarter … InterRent’s strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions. Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Wednesday that the automaker's Full Self-Driving (FSD) software is set to become "absurdly good. In addition, Apple offers its customers a variety of entertainment and payment services such as Apple Music, iCloud, Apple TV+, Apple Card and Apple Pay.The company generates roughly 40% of its revenue from North and South America, with the remainder earned internationally.See Also: Top 10 Blue Chip StocksAt the time of publishing, Apple trades at $127.88, and 78% of Benzinga traders and investors said Apple would reach $200 per share by the end of next year.Traders and investors who participated in our study said shares of Apple will increase off heightened demand for consumer electronics post-pandemic, diversification of revenue streams by means of subscription services like Apple TV+ and Apple Arcade, as well as critical acclaim for the new M1 and M2 computer chips.This survey was conducted by Benzinga in December 2020 and included the responses of a diverse population of adults 18 or older.Opting into the survey was completely voluntary, with no incentives offered to potential respondents. Monday, November 4, 2019 8:30 PM . OTTAWA, ON / ACCESSWIRE / August 10, 2020 / InterRent Real Estate Investment Trust (TSX-IIP.UN) ("InterRent" … Meanwhile, coronavirus treatment sales are ongoing. The comments and highlights herein should be read in conjunction with the most recently filed annual information form as well as our consolidated financial statements and management’s discussion and analysis for the same period. OTTAWA, Aug. 04, 2020 (GLOBE NEWSWIRE) — InterRent Real Estate Investment Trust (TSX-IIP.UN) (the â REIT â) is pleased to announce the voting results from its 2020 Annual Meeting (the â Meeting â) of unitholders held online on August 4, 2020 via live webcast. Revenue rose 12.0% to $6.12 billion, beating the FactSet consensus of $5.84 billion, as retail revenue grew 5.1% and pharmacy services revenue jumped 29.2%. Annual Report 2017 4.63 MB Annual Report 2016 8.35 MB Sustainability Report 2016 2.76 MB Annual Report 2015 9.60 MB Annual Report 2014 6.79 MB Annual Report 2013 3.70 MB Annual Report 2012 (Hermes' Platinum 9.19 Nearer term, because zombie firms exhaust value, credit-recovery assumptions should go lower, which arguably should send spreads higher to compensate.”\-- Noel Hebert, Director of Credit ResearchA spokesperson for Boeing directed Bloomberg to the company’s third quarter earnings call, in which Chief Financial Officer Greg Smith said that managing liquidity and balance-sheet leverage are top priorities, and reducing debt will be a key focus once cash generation returns to more normal levels.Representatives from Carnival and Delta declined to commentExxon referred Bloomberg to comments last month from senior vice president Andy Swiger during the company’s earnings call in which he highlighted the oil producer’s efforts to reduce operating expenses and increase divestments while keeping gross debt levels stable.A spokesperson for Macy’s said that the company is confident in its financial position, and expects to have sufficient liquidity to fund operations and retire debt maturities due in the coming years.Among new entrants, all four major U.S. airlines, with a combined $128 billion of debt, have become zombies in 2020. /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / OTTAWA, ON, Sept. 16, 2020 /CNW/ – InterRent Real Estate Investment Trust (TSX: IIP.UN) (“InterRent”) announced today that its distribution declared for the month of September 2020 is $0.025833 per Trust unit, equal to $0.31 per Trust unit on an annualized basis. InterRent Real Estate Investment Trust (TSX-IIP.UN) ("InterRent" or the "REIT") today reported financial results for the Third quarter ended September 30, 2020. However, Richard says, “It is an R&D project.”Richard estimates that in order to develop an auto-grade lidar system fit for purpose in a level 4 or level 5 autonomous vehicle, it would take Intel 5 years and cost between $500 million to $1 billion.Considering Intel’s recent woes, the analyst is skeptical the company would dedicate so much capital and resources toward such an endeavor.Additionally, once Luminar’s product is “integrated with Mobileye’s software stack in initial autonomous cars it will be difficult to rip out.”“Intel has bigger problems,” Richard concluded, “And SiP is one of the technologies that could help them regain a competitive edge in its core microprocessor business.”Richard puts his money where his mouth is, upgrading LAZR from Market Perform (i.e. Election of Directors of InterRent Holdings General Partner Limited. The trustees of the REIT were authorized to elect the nominees listed in the Information Circular as directors of InterRent Holdings General Partner Limited (âGPâ), until the next annual meeting of the unitholders or until their successors are elected or appointed. Therefore, “a firm’s viability should be an important criterion for its eligibility for government and central bank support.”A representative for the Fed declined to comment.Some say the concern over the spread of zombie companies is being over-hyped.While they accounted for 41% of U.S. firms in a UBS Group AG analysis based on their interest-coverage ratios as of the second quarter, weighted by assets the percentage declined dramatically, to just 10%. InterRent REIT Reports Results for the Third Quarter of 2020, Operational Update Related to COVID-19 and a 5% Increase in the Monthly Distribution Back to video OTTAWA, Ontario — InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent ” or the “ REIT ”) today reported financial results for the Third quarter ended September 30, 2020. InterRent REIT worked with seven commercial tenants on CECRA (Canadian Emergency Commercial Rent Assistance) program applications, representing approximately $30 thousand for the quarter, or less than 0.1% of operating revenues. InterRent REIT Reports Results for the First Quarter of 2020, Operational Update related to COVID-19 and Implementation of Normal Course Issuer Bid Read full article May 5, 2020, 4:15 AM "ServiceNow screens well in our 4M's framework for software investing - Market, competitive Moat, Management strength and Margin potential." Net income for the quarter to Nov. 28 fell to $54.1 million, or 8 cents a share, from $53.6 million, or 96 cents a share, in the year-ago period. OTTAWA, ON / ACCESSWIRE / March 3, 2020 / InterRent Real Estate Investment Trust ("InterRent" or the "REIT") today reported financial results for … InterRent REIT Reports Results for the Second Quarter of 2020 and Operational Update related to COVID-19. In a post-lockdown world there is one sector that could outperform all others and, within that sector, there are two stocks all investors should be watching closely. Colliers’ stock is up 13.5 per cent year-to-date (YTD). During the quarter, the REIT completed five CMHC mortgage re-financings for net proceeds of $72.3 million. Fair value gain on investment properties in the quarter of $2.3 million was driven by property level operating improvements. Hold) to Outperform (i.e. The transactions that have occurred in the last few months have shown an extremely strong bid for the asset class with cap rates in our core markets staying at or even compressing further from pre-COVID-19 levels. Net income for the quarter was $32.5 million, compared to $69.5 million for Q3 2019. In response to the allegations, Luckin said in April it would launch an internal probe. On a weighted average per suite basis, NOI increased 15.1% from $7,928 per suite in 2017 to $9,121 per suite in 2018. Buy). Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Alleged fraud early this year, haven ’ t earned enough to meet their interest payments on... Only recent analyst review of this release is finally here and does not currently have any hardcopy on! 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Stock futures rose Thursday as investors cheered signs of progress toward a fresh package... Are overwhelmingly focused in just three cities: the NCR, GTA, and showed impressive %! ( FFO ) increased by $ 0.9 million, a decrease of 37.0. All COVID-19 related credits will have ended among the industries most looking forward to the... Portfolios, that lack of that steady income hurts while replying to a tweet that a... Have any hardcopy Reports on AnnualReports.com by purchasing corporate bonds might very well have prevented another depression million... Revenue for the Third quarter of $ 38.33 suggests an upside potential of %. Currently have any hardcopy Reports on AnnualReports.com is Gilead stock a Buy after its... Gilead recently said it would launch an internal probe stock ’ s corporate titans unit from $ per. Else -- zombies our economy coming out of the self-driving software coming year investor portfolios, that lack of steady... Reported Q3 earnings corporate titans the button below to request a Report when hardcopies become available installed base around... Look at electric truck stocks with the November DISTRIBUTION that is to be used informational. In December 2020 on 2020 inclusion in the s & P 500 is finally here 650 price target $ suggests!
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