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Inovalis Real Estate Investment Trust T.INO.UN

Alternate Symbol(s):  IVREF

Inovalis Real Estate Investment Trust is a Canada-based real estate investment trust. The Company is formed for the purpose of acquiring and owning office properties primarily located in France, Germany and Spain. It holds approximately 13 assets. Its France properties include Sabliere, Baldi, Delizy, Gaia, Metropolitain and Arcueil. Its Germany properties include Trio, Kosching, Neu Isenburg, Stuttgart, Bad Homburg and Duisburg. Its Spain property is Delgado. It acquires (indirectly) real estate properties via CanCorPEurope, authorized Alternative Investment Fund (AIF) and managed by INOVALIS S.A.


TSX:INO.UN - Post by User

Post by northcoaston Mar 21, 2018 8:38am
78 Views
Post# 27751800

q4 earnings

q4 earnings

Inovalis Real Estate Investment Trust (INO.UN-T) reported fourth-quarter rental income of $6.4-million versus $6.7-million a year earlier.

Earnings came in at $13.7-million up from $3-million a year ago. Funds from operations were $5.4-million or 21 cents per unit versus $4.3-million or 19 cents a year earlier. Analysts were expecting FFO to be 22 cents in the most recent quarter.

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