Earnings
February 16, 2018 - TRP
New! TransCanada Corp. 2017 Year End & Price Target Update .....
February 15, 2018 - CHE.UN
New! Chemtrade Logistics Income Fund - 2017 Earnings & Price Target Update .....
February 14, 2018 - AW.UN
A&W Revenue Royalties Income Fund Year End Earnings Update .....
February 13, 2018 - BCE
BCE Inc. 2017 Year End Earnings Update .....
February 10, 2018 - ARX
Arc Resources - 2017 Earnings & Price Target Update .....
February 8, 2018 - T
Telus Corp 2017 Earnings & Price Target Update .....
February 8, 2018 - JE
Just Energy Group Inc. Fiscal Q3-2018 Update .....
February 6, 2018 - CRT.UN
CT Real Estate Investment Trust - Price Target Update .....
Recommendation Changes
CHE.UN, JE, CRT.UN, CGX, KEG.UN, more...

Crombie REIT - Earnings & Price Target Update

This is only a sample of the article, please login to view the entire article

Crombie is an open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. Crombie currently owns a portfolio of 281 income-producing properties across Canada, comprising approximately 19.1 million square feet with a strategy to own, operate and develop a portfolio of high quality grocery and drug store anchored shopping centres, freestanding stores and mixed use developments primarily in Canada's top urban and suburban markets.

Crombie REIT currently owns a portfolio of 281 properties as of Mar-31-2017, (284, Mar-31-2016, 251 properties, Dec-31-2014-256) retail, mixed use and office properties across Canada, comprising approximately 19M sq. ft. with a strategy to own and operate a portfolio of high quality grocery and drug store anchored shopping centres and freestanding stores primarily in Canada's top 36 markets. Annual minimum rent by province consists of: Atlantic Canada 38%; Central Canada 24%; and the balance from Western Canada.

Empire Company Ltd (EMP.A) formed Crombie REIT to hold their retail shopping centre properties in an IPO in Mar-2006, comprised of 44 properties. They have since grown to 281 properties (19.1M sq. ft), almost all purchased from Empire Company Ltd. Sobeys headquarters in Stellarton, Nova Scotia is a wholly-owned subsidiary of Empire Company Limited (TSX: EMP.A), Sobeys owns or franchises more than 1,500 stores in all 10 provinces under retail banners that include Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton's Drug Stores as well as more than 350 retail fuel locations. Empire Company Limited (EMP.A) holds a 41.5% interest as of Mar-31-2017 unchanged from 41.5% at Jun-30-2016.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
February 17, 2018
New! Coverage Universe - Weekly Price Changes Feb 9-16,2018
February 14, 2018
New! Just Energy Group Inc. - New Convertible Debenture
February 12, 2018
New! Manulife Financial Corp. 4.7% Rate Reset Preferred Share New Issue
February 9, 2018
Coverage Universe - Weekly Price Change Feb 2-9, 2018
February 2, 2018
Coverage Universe - Weekly Price Change Jan 26-Feb 2, 2018
January 26, 2018
Coverage Universe - Weekly Price Change Jan 19-29, 2018
January 24, 2018
Morguard N.A. REIT - New Convertible Debenture
January 22, 2018
Atlantic Power Corporation - New Convertible Debenture