The webcast will be archived for 30 days. To access the conference call via webcast, please go to Dundee REIT's website at and click on the link for News & Events, then click on Calendar of Events. A taped replay of the call will be available for 30 days by dialling 64 or 1-86 and using passcode 279189#.
#5001 YONGE STREET CANADA REVENUE AGENCY FREE#
To access the call, please dial: 41 or toll free at 1-86 and using passcode 63895136#. Senior management will host a conference call to discuss the results tomorrow, Februat 2:00 p.m. Overall, our business has never been in better shape." "We have a portfolio of high quality assets that are producing consistent results and a strong, conservative balance sheet. "Dundee REIT is entering its tenth year better and stronger than ever," said Michael Cooper, Vice Chairman and CEO of Dundee REIT.
($000's except unit and per unit amounts)Īdjusted funds from operations ("AFFO") (4) Occupancy strong at 95.1% average in-place net rents 12% below estimated market rents Redeemed $126.5 million of convertible debentures, reducing debt level and interest costsĤ8% debt-to-gross book value 2.7 times interest coverage ratio 5.1 year average term to maturityĦ.3% increase in per unit funds from operations ("FFO") for the 12-month periodģ.4% increase in per unit adjusted funds from operations ("AFFO") for the 12-month periodĢ.6% growth in comparative properties net operating income ("NOI") for the 12-month period
This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release.ĭUNDEE REIT (TSX:D.UN) today announced its financial results for the three and twelve months ended December 31, 2012, posting gains in comparative property performance and adjusted funds from operations per unit.Ĥ cent increase to annualized distributionĬompleted $575.5 million sale of Industrial Portfolio and $104.8 million sale of other of non-core properties
0 kommentar(er)
