For more information, visit www.ctreit.com. CT REIT Announces First Quarter 2020 Results and COVID-19 Business Update Canada NewsWire TORONTO, May 4, 2020 * Delivers 3.7% growth in AFFO per unit for the first quarter * ⦠Forward-looking statements are provided for the purposes of providing information about CT REIT's future outlook and anticipated events or results. Information contained in or otherwise accessible through the websites referenced in this press release (other than CT REIT's profile on SEDAR at www.sedar.com) does not form part of this press release and is not incorporated by reference into this press release. Subsequent to the quarter, CT REIT completed the acquisition of a property consisting of two single tenant buildings leased to Mark's and Tim Hortons from a third party in Yellowknife, Northwest Territories. Tpf Equity Reit Operating Partnership LP is located in Hartford, CT, United States and is part of the Investment Firms Industry. Net Income – Net income was $74.7 million for the quarter, up 0.6% over the prior year, primarily due to increased NOI resulting from investment activity, partially offset by a smaller adjustment in the fair market value adjustment on investment properties and an increase in net interest and other financing charges. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. After submitting your information, you will receive an email. CT REIT today announced two new investments, which will require an estimated total of $19 million to complete. 1 Non-GAAP measure. Although the forward-looking information contained in this press release is based on information, assumptions and beliefs which are reasonable in the opinion of management 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. CT REIT delivered a notice of redemption to CTC for the Series -15 Class C LP Units, 10 which allows for the series to either be redeemed or reset at CTCâs discretion. TORONTO, Oct. 20, 2020 /CNW/ - Subversive Real Estate Acquisition REIT LP (the "REIT LP") (NEO: SVX.U) (NEO: SVX.RT.U) (OTCBB: SBVRF) today announced that it ⦠Forward-Looking StatementsThis press release contains forward-looking statements and information that reflects management's current expectations related to matters such as future financial performance, operating results and the effect of the COVID-19 pandemic on CT REIT's business and operations and the REIT's tenants' respective businesses and operations, including the operations of Canadian Tire stores, and discussions between the REIT and its tenants with respect to future rent obligations. The investments are, in the aggregate, expected to earn a weighted average cap rate of 6.57% when completed and represent approximately 120,000 square feet of incremental gross leasable area ("GLA"). Refer to section 10.0 of the MD&A for further information. CT REIT, 2180 Yonge St. Toronto, Ontario, M4P 2V8, © CT REIT • 2180 Yonge St. Toronto, ON M4P 2V8, CT REIT Reports Strong Second Quarter 2018 Results, (in thousands of Canadian dollars, except unit, per unit and square, 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/1307/CT_REIT_Q2.pdf, https://www.ctreit.com/English/news-and-events/events-and-webcasts/default.aspx, Delivers 4.3% growth in AFFO per unit over the same period last year, Announces four new investments, totalling $24 million. Same store NOI was $92.8 million, which was $(0.7) million or (0.8)% lower when compared to the prior year, and same property NOI was $93.5 million for the quarter which was the same as the prior year, primarily due to increased revenue derived from contractual rent escalations, offset by pandemic-related impacts. New Investment ActivityDuring the third quarter, CT REIT completed the vend-in of a Canadian Tire store and Canadian Tire Gas+ gas bar in Napanee, Ontario, from Canadian Tire Corporation, Limited ("CTC"). It is possible that the REIT's assumptions, estimates, analyses, beliefs and opinions are not correct, and that the REIT's expectations and plans will not be achieved. 5 Refers to retail, mixed-use commercial and industrial properties and excludes Properties Under Development. 1Non-GAAP measure. Real estate investment trust (REIT) är en associationsform med särreglerad beskattning som finns i ett stort antal länder. CT REIT, 2180 Yonge St. Toronto, Ontario, M4P 2V8. Search our database of over 100 million company and executive profiles. CT REIT is funding these investments through any combination of 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. Nareit ® is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. American Hotel Income Properties REIT LP ("AHIP", or the "Company") (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) announced today its financial results ⦠CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) and certain subsidiaries of Canadian Tire Corporation, Limited (collectively, "Canadian Tire", "CTC" or the "Company") (TSX: CTC) (TSX: CTC.A) announced today that they have closed the previously announced public offering of 21,115,000 Units of CT REIT ("Units") at a price of $12.55 per Unit (the "Offering"). 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