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Bullboard - Stock Discussion Forum Mainstreet Equity Corp MEQYF


Primary Symbol: T.MEQ

Mainstreet Equity Corp. is a Canada-based real estate company. The Company is focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings in Western Canada. It owns and manages properties in six Canadian markets: British Columbia (including Vancouver Lower Mainland, Vancouver Island, Okanagan and Northern BC), Calgary (including the City of... see more

TSX:MEQ - Post Discussion

Mainstreet Equity Corp > Year End 2021 Results
View:
Post by Betteryear2 on Dec 07, 2021 7:32am

Year End 2021 Results

CALGARY, AB, Dec. 7, 2021 /CNW/ - Mainstreet continued to see highly positive results in Q4 2021, achieving double-digit growth across all key metrics, including a 14% increase in funds from operations ("FFO"), a 12% rise in net operating income ("NOI"), and a 10% increase in rental revenues compared with Q4 last year.

We also posted remarkable results on an annual basis, achieving 9% growth in FFO, 7% growth in rental revenues, and a 5% increase in NOI. 

https://mainst.biz/

https://www.newswire.ca/en/releases/archive/December2021/07/c8379.html

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Mainstreet Equity Corp