You can sign up for additional subscriptions at any time. CT REIT is an unincorporated, closedend real estate investment trust established - on July 15, 2013 pursuant to a declaration of trust under, and governed by, the laws of the Province of Ontario, as amended NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. The table below summarizes the new investments and anticipated completion dates: Third party acquisition of a Canadian Tire Gas+ gas bar, Existing Canadian Tire store and Canadian Tire Gas+ gas bar, Expansion of an existing Canadian Tire store, Development of a new Canadian Tire store, Mark's, Canadian Tire Gas+ gas bar and ancillary retail, Redevelopment of an existing enclosed mall including the on-site replacement of a Canadian Tire store, Update on Previously Announced Investments. 4Diluted units determined in accordance with IFRS includes restricted and deferred units issued under various plans and the effect of assuming that all of the Class C LP Units will be settled with Class B LP Units. The Company acquires and owns income producing commercial properties, including retail centers and distribution centers. Same store NOI and same property NOI for the quarter increased $1.4 million or 1.7% and $1.6 million or 2.0%, respectively, primarily due to the contractual rent escalations built into the property leases, recovery of capital expenditures and intensifications completed in 2018 and 2017, partially offset by the impact of changes in tenancies at 11 Dufferin Place SE and 25 Dufferin Place SE, Calgary, Alberta. All rights reserved. "In addition, in … 1Non-GAAP measure. You must click the link in the email to activate your subscription. To view CT REIT’s distribution history on this website, click here. CT REIT will conduct a conference call to discuss information included in this news release and related matters at 8:00 a.m. Net Income – Net income was $79.1 million for the third quarter, up 12.2% over the prior year, primarily due to increased NOI resulting from investment activity and an increase in the fair market value adjustment on investment properties, partially offset by an increase in net interest and other financing charges. The retail properties, distribution centres and mixed-use commercial property contain approximately 28.0 million square feet of gross leasable area. Artis REIT. We thank Louis for his significant contributions to the REIT's inception and successful track record and are delighted to have Lesley on the team," added Silver. Declared distributions will be paid on or about the 15th day of each month to Unitholders and Class B LP Unitholders of record at the close of business on the last business day of the … /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./. Refer to Non-GAAP section 10.0 in the Q3 2018 Management's Discussion & Analysis, which is available on SEDAR at www.sedar.com and at www.ctreit.com. The REIT’s balance sheet is strong providing CT REIT with the financial flexibility to fund future growth. The investments are, in the aggregate, expected to earn a weighted average cap rate of 8.1% when completed and represent approximately 238,000 square feet of incremental gross leasable area ("GLA"). At September 30, 2018, CTC represented 94.5% of total GLA and 92.7% of annualized base minimum rent. Readers are cautioned that such information may not be appropriate for other purposes. Louis will continue as SVP, Finance until his retirement at the end of this year. Refer to section 7.0 of the MD&A. Additional information about CT REIT has been filed electronically with various securities regulators in Canada through SEDAR and is available at www.sedar.com and at www.ctreit.com. This document contains forward-looking information that reflects management's current expectations related to matters such as future financial performance and operating results of CT REIT. "As per our earlier announcement, Lesley Gibson joined the REIT on October 9, 2018 and has been appointed CFO effective November 12, 2018 replacing Louis Forbes. All references to such websites are inactive textual references and are for information only. Industrial REITs own and manage industrial facilities and rent space in those properties to tenants. CT REIT invested $50 million in the third quarter of 2018 which included the acquisition of development lands in Val-d'Or, Quebec, from a third party, for the expansion of an existing Canadian Tire store. Refer to section 7.0 of the MD&A. After submitting your information, you will receive an email. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. The distribution rate is established by the Board. TORONTO, Nov. 5, 2018 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) today reported its consolidated financial results for the third quarter ended September 30, 2018. Its current payout yields 5.1% annually and Artis’ FFO payout rate was … /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./. Currency in CAD. Last Day of Trading on a "cum" Basis. What We Learned About Australian Dairy Nutritionals Group's (ASX:AHF) CEO Pay, Discover new investment ideas by accessing unbiased, in-depth investment research, Toronto - Toronto Real Time Price. Distribution History CT REIT is committed to providing Unitholders with reliable, durable and growing monthly distributions. The conference call will be available simultaneously and in its entirety to all interested investors and the news media by dialing 416-340-2218 or 1-800-478-9326 or through a webcast at https://www.ctreit.com/English/news-and-events/events-and-webcasts/default.aspx, and will be available through replay for 12 months. CT REIT is funding these investments through the issuance of Class B LP Units and/or Class C LP Units to Canadian Tire Corporation, Limited ("CTC"), cash and/or draws on its credit facility or any combination thereof. CT REIT is the REIT that houses a majority of Canadian Tire’s locations. Forward-looking information is based on reasonable assumptions, estimates, analyses, beliefs and opinions of management made in light of its experience and perception of prospects and opportunities, current conditions and expected trends, as well as other factors that management believes to be relevant and reasonable at the date such information is provided. Its portfolio is comprised of over 325 properties totaling approximately 26 million square feet of GLA, consisting primarily of retail properties located across Canada. The trust recently announced a 3% distribution increase in November. CT Real Estate Investment Trust Declares Distribution for the Period of December 1, 2020 to December 31, 2020 December 10, 2020 CT REIT Announces Offering of $150M 2.371% Series G Senior Unsecured Debentures due January 6, 2031 and Redemption of $150M 2.159% Series C Senior Unsecured … Net Operating Income (NOI)* – In the third quarter, NOI increased $5.9 million or 7.3% over the same period last year, primarily from investment activity completed in 2018 and 2017. Although the forward-looking information contained in this press release is based on information, assumptions and beliefs which are reasonable and complete, this information is necessarily subject to a number of factors that could cause actual results to differ materially from management's expectations and plans as set forth in such forward-looking information. To receive notifications via email, enter your email address and select at least one subscription below. *NOI, FFO, AFFO and ACFO are non-GAAP measures. CT Real Estate Investment Trust (TSX:CRT.UN) is an unincorporated, closed end real estate investment trust formed to own income producing commercial properties primarily located in Canada. /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./. ... Distribution/ Unit DRIP Bonus Unit Price; Jan 2020: Jan 31, 2020: Feb 18, 2020: $0.061667: n / a: Feb 2020: Feb … After submitting your information, you will receive an email. © 2020 Verizon Media. By its very nature forward-looking information requires us to make assumptions and is subject to inherent risks and uncertainties, which give rise to the possibility that the REIT's assumptions, estimates, analyses, beliefs and opinions may not be correct and that the REIT's expectations and plans will not be achieved. SOURCE CT Real Estate Investment Trust (CT REIT). Distributions – Distributions in the quarter amounted to $0.182 per unit, 4.0% higher than the same period in 2017 due to the increase in the annual rate of distributions effective with the first distribution paid in 2018. CT Real Estate Investment Trust provides real estate services. 5Refers to retail, mixed-use commercial and distribution centre properties and excludes properties under development. 24 August 2020 (Monday) Distribution Payment Date "In addition, in 2019, we will insource much of our third party property management activities and are investing in the requisite systems and resources. Yes, CT REIT pays cash distributions. Subscribe to Premium to view Fair Value for CRT-UN.TO. Stocks To Buy - Why Is This Metal Taking Off? For more information, visit www.ctreit.com. CT Real Estate Investment Trust Declares Distribution for the Period of December 1, 2020 to December 31, 2020 /NOT FOR DISTRIBUTION TO U. Adjusted Funds from Operations (AFFO)* – AFFO for the third quarter amounted to $51.9 million or $0.241 per unit (diluted non-GAAP), which was $3.0 million (6.1%) or $0.012 per unit (5.2%) higher than the same period in 2017 primarily due to the impact of NOI variances, partially offset by higher interest expense. All statements other than statements of historical facts included in this document may constitute forward–looking information, including but not limited to, statements concerning the REIT's insourcing of some of its third party property management activities and the expected timing and effects thereof, its ability to complete any of the investments in acquisitions and property intensifications under the headings "New Investment Activity" and "Update on Previously Announced Development Activity", the timing and terms of any such investments and the benefits expected to result from such investments and other statements concerning developments, intensifications, results, performance, achievements, prospects or opportunities for CT REIT. Artis Real Estate Investment Trust (TSX:AX.UN) owns a diversified portfolio of office, retail, and industrial properties in Canada and the United States.. Adjusted Cash Flow From Operations (ACFO)* – ACFO for the third quarter amounted to $55.2 million, $6.8 million or 14.1% higher than the same period in 2017, primarily due to the impact of NOI variances, partially offset by higher interest expense. Distributions are paid on or about the 15th day of each month to Unitholders of record at the close of business on the last business day of the immediately preceding month. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. CT Real Estate Investment Trust Declares Distribution for the Period of December 1, 2020 to December 31, 2020 December 10, 2020 CT REIT Announces Offering of $150M 2.371% Series G Senior Unsecured Debentures due January 6, 2031 and Redemption of $150M 2.159% Series C Senior Unsecured Debentures due June 1, … Artis REIT is focused on producing a stable and growing stream of cash distributions for Unitholders from the ownership and management of high quality retail, commercial, and industrial properties in primary and growing secondary markets in western Canada. 3Diluted units used in calculating non-GAAP measures include restricted and deferred units issued under various plans and exclude the effect of assuming that all of the Class C LP Units will be settled with Class B LP Units. 2Total units means Units and Class B LP Units outstanding. RioCan Real Estate Investment Trust Announces December 2020 Distribution Globe Newswire 12/15 07:00 ET RioCan Real Estate Investment Trust Completes Green Bond Offering $500 Million of 5.5-Year Series AD Senior Unsecured Debentures at an Annual Coupon Rate of 1.974% You are leaving the Choice Properties’ REIT website. /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES ./ TORONTO , March 13, 2020 /CNW/ - CT Real Estate Investment Trust ("CT REIT") announced today that the trustees of CT REIT have declared a distribution for the period of March 1, 2020 to March 31, … ET on November 6, 2018. TORONTO, Jan. 13, 2017 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of January 1, 2017 … CT REIT Announces Offering of $150M 2.371% Series G Senior Unsecured Debentures due January 6, 2031 and Redemption of $150M 2.159% Series C Senior Unsecured Debentures due June 1, 2021 /NOT FOR DISTRIBUTION TO U. "On the fifth anniversary of CT REIT's IPO, I am delighted to announce another quarter of strong operating results, our fifth … This press release should be read in conjunction with CT REIT's MD&A for the period ended September 30, 2018 ("the Q3 MD&A") and Unaudited Condensed Consolidated Financial Statements and Notes for the period ended September 30, 2018, which are available on SEDAR at www.sedar.com and at www.ctreit.com. CT REIT, 2180 Yonge St. Toronto, Ontario, M4P 2V8, © CT REIT • 2180 Yonge St. Toronto, ON M4P 2V8, CT REIT Increases Distribution; Reports Strong Third Quarter 2018 Results, Funds from operations per unit (diluted, non-GAAP), Adjusted funds from operations per unit (diluted, non-GAAP), Weighted average number of units outstanding, http://files.newswire.ca/665/CT_REIT_Q3_Results.pdf, https://www.ctreit.com/English/news-and-events/events-and-webcasts/default.aspx, Increases annual distribution by 4%, beginning January 2019, Delivers 5.2% growth in AFFO per unit over the same period last year, Announces six new investments, totalling $72 million. This reflects the growth of our business and will drive improved productivity and efficiency. Distribution Period: 1 July to 20 October 2020: Distribution Rate: 1 July to 30 September 2020: 2.00 cents 1 October to 20 October 2020: 0.56 cents Total: 2.56 cents Taxable: 2.06 cents Tax-exempt: 0.50 cents Industrial REITs play an important part in e-commerce and are helping to meet the rapid delivery demand. We continue to have a high degree of confidence in our low risk business model and our prospects for the future.". These acquisitions contributed a total of $4.3 million to NOI growth. Today, CT REIT announced six new investments, which will require an estimated total investment of $72 million. Latest Distribution Details & Timetable of Champion REIT About Us About Us Corporate History, Profile and Milestones Trust Strategy and Structure About the Manager Board of Directors Senior Management Corporate … "On the fifth anniversary of CT REIT's IPO, I am delighted to announce another quarter of strong operating results, our fifth consecutive annual distribution increase, and an attractive pipeline of investments that will contribute to our future growth," said Ken Silver, President and CEO, CT REIT. The table below provides activity updates on two previously announced investments, the timing of which have advanced: (in thousands of Canadian dollars, except unit, per unit and square footage amounts), Funds from operations per unit (diluted, non-GAAP) 1,2,3, Adjusted funds from operations per unit (diluted, non-GAAP) 1,2,3, Weighted average number of units outstanding 2. At the end of the second-quarter, the debt-to-gross book value stood at 42 per cent. CT REIT does not undertake to update any forward-looking information, whether written or oral, that may be made from time to time by it or on its behalf, to reflect new information, future events or otherwise, except as is required by applicable securities laws. Mining is big business, Here are a few things that you should know before adding mining stocks to your port.... /NOT FOR DISTRIBUTION TO U. Occupancy – At September 30, 2018, CT REIT's portfolio occupancy rate remained unchanged from the prior quarter at 98.7%. CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of December 1, 2020 to December 31, 2020 of $0.06693 per trust unit, payable January 15, 2021 to unitholders of record on December 31, 2020. Information in this press release is a select summary of results. To receive notifications via email, enter your email address and select at least one subscription below. This investment involves a high degree of risk. CT REIT and Granite REIT enjoy the best occupancy rate while Tricon Residential Inc. is the most leveraged. 21 August 2020 (Friday) Books Closure Date. To view a PDF version of CT REIT's 2018 third quarter results please see: http://files.newswire.ca/665/CT_REIT_Q3_Results.pdf. Funds from Operations (FFO)* – FFO for the third quarter amounted to $62.2 million or $0.289 per unit (diluted non-GAAP), which was $2.5 million (4.2%) or $0.01 per unit (3.6%) higher than the same period in 2017 due to the impact of NOI variances, partially offset by higher interest expense. Forward-looking statements are provided for the purposes of providing information about CT REIT's future outlook and anticipated events or results. 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