Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last C$3.88 CAD
Change Today -0.08 / -2.02%
Volume 39.7K
As of 3:59 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

partners real estate investm (PAR-U) Snapshot

Open
C$3.98
Previous Close
C$3.96
Day High
C$3.98
Day Low
C$3.85
52 Week High
07/28/14 - C$5.27
52 Week Low
03/20/15 - C$3.36
Market Cap
105.7M
Average Volume 10 Days
25.0K
EPS TTM
C$-1.03
Shares Outstanding
27.2M
EX-Date
04/28/15
P/E TM
--
Dividend
C$0.25
Dividend Yield
8.05%
Current Stock Chart for PARTNERS REAL ESTATE INVESTM (PAR-U)

Related News

No related news articles were found.

partners real estate investm (PAR-U) Related Businessweek News

No Related Businessweek News Found

partners real estate investm (PAR-U) Details

Partners Real Estate Investment Trust is an open-ended real estate investment trust. The firm invests in the real estate markets of Canada. It focuses on acquiring a portfolio of retail and mixed-use retail real estate properties from primary and secondary markets. The firm was formerly known as Charter Real Estate Investment Trust. Partners Real Estate Investment Trust was founded in 2005, and is based in Calgary, Canada.

18 Employees
Last Reported Date: 03/26/15
Founded in 2005

partners real estate investm (PAR-U) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

partners real estate investm (PAR-U) Key Developments

Partners Real Estate Investment Trust Announces Distribution Payable on May 15, 2015

Partners Real Estate Investment Trust announced a $0.02083 per Unit distribution for April 2015. The distribution will be paid on May 15, 2015 to unitholders of record as at April 30, 2015.

Partners Real Estate Investment Trust Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Partners Real Estate Investment Trust reported earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenues from income producing properties of $14,935,452 against $14,774,322 a year ago. Net loss was $3,011,691 or $0.11 per basic share against $9,184,881 or $0.36 per basic share a year ago. This decrease was primarily due to lower fair value losses year-over-year. FFO was $1,091,535 or $0.05 per unit against $2,400,027 or $0.09 per unit a year ago. This decrease was due a $0.5 million one-time mortgage penalty cost incurred by the early repayment of a second mortgage that was undergoing a refinancing, the $0.6 million loss of income from the sale of three Ontario properties in September 2014, and $0.3 million in increased general and administrative expenses. AFFO was $1,274,371 or $0.05 per unit against $3,034,378 or $0.12 per unit a year ago. This decrease was primarily due to lower fair value losses year-over-year. For the full year, the company reported revenues from income producing properties of $59,821,021 against $56,567,180 a year ago. Net loss was $27,083,600 or $1.03 per basic share against net income of $4,195,221 or $0.16 per basic share a year ago. This decrease was primarily the result of two non-operational matters, an increase in fair value losses of $23.7 million and an increase to other corporate transaction costs of $5.5 million. FFO was $9,539,662 or $0.36 per unit against $12,546,438 or $0.48 per unit a year ago. This decrease was primarily due to a $0.7 million receivable provision, $1.0 million in increased general and administrative expenses, and increased financing costs as a result of a higher average loan balance outstanding during the year. AFFO was $9,818,612 or $0.37 per unit against $12,958,348 or $0.50 per unit a year ago. This decrease was primarily the result of two non-operational matters, an increase in fair value losses of $23.7 million and an increase to other corporate transaction costs of $5.5 million. As at December 31, 2014, the REIT's net asset value was $5.65 per unit, a decrease of $1.46 per unit when compared to its level at December 31, 2013. This decrease is mainly as a result of $28.3 million or $1.07 per unit in property fair value write-downs and $8.8 million or $0.33 per unit in other transactions costs.

Partners Real Estate Investment Trust Announces Distribution Payable on April 15, 2015

Partners Real Estate Investment Trust announced a $0.02083 per Unit distribution for March 2015. The distribution will be paid on April 15, 2015 to unitholders of record as at March 31, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PAR-U:CN C$3.88 CAD -0.08

PAR-U Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for PAR-U.
View Industry Companies
 

Industry Analysis

PAR-U

Industry Average

Valuation PAR-U Industry Range
No financial data is available for PAR-U.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PARTNERS REAL ESTATE INVESTM, please visit www.partnersreit.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.