PR Newswire
NEW GLASGOW, NS, April 16, 2025 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from April 1, 2025, to and including April 30, 2025.
The distribution will be payable on May 15, 2025, to Unitholders of record as at April 30, 2025.
About Crombie REIT
Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country's leading owners, operators, and developers of quality real estate assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at December 31, 2024, our portfolio contains 304 properties comprising approximately 19.1 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects. Learn more at www.crombie.ca
NEW GLASGOW, NS, April 4, 2025 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) will hold its Annual General Meeting ("AGM") of Unitholders on Thursday, May 8, 2025 at Cineplex Cinemas, 612 East River Road, New Glasgow, Nova Scotia. The meeting is scheduled to begin at 10:00 a.m. (EDT).
Webcast of AGM
The AGM will be broadcast via live audio webcast. The webcast may be accessed at www.crombie.ca. Time has been allotted at the end of the webcast for telephone questions.
NEW GLASGOW, NS, March 17, 2025 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from March 1, 2025, to and including March 31, 2025.
The distribution will be payable on April 15, 2025, to Unitholders of record as at March 31, 2025.
About Crombie REIT
Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country's leading owners, operators, and developers of quality real estate assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at December 31, 2024, our portfolio contains 304 properties comprising approximately 19.1 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects. Learn more at www.crombie.ca
Driving strong performance with the stability and growth of our necessity-based portfolio
NEW GLASGOW, NS, Feb. 19, 2025 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) today announced results for its fourth quarter and year ended December 31, 2024. Management will host a conference call to discuss the results at 10:00 a.m. (EST), February 20, 2025.
"Driven by a clear emphasis on operational excellence, we reached occupancy levels amongst the highest in our history, grew same-asset property cash NOI by 2.9%, and increased AFFO per unit by 6.9%," said Mark Holly, President and CEO. "Most importantly, we achieved these results while preserving the strength and flexibility of our balance sheet, positioning us to deliver consistent cash flow growth and create long-term value for our Unitholders."
NEW GLASGOW, NS, Feb. 14, 2025 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from February 1, 2025, to and including February 28, 2025.
The distribution will be payable on March 14, 2025, to Unitholders of record as at February 28, 2025.
About Crombie REIT
Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country's leading owners, operators, and developers of quality real estate assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at September 30, 2024, our portfolio contains 305 properties comprising approximately 19.3 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects. Learn more at www.crombie.ca
NEW GLASGOW, NS, Jan. 16, 2025 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from January 1, 2025, to and including January 31, 2025.
The distribution will be payable on February 14, 2025, to Unitholders of record as at January 31, 2025.
About Crombie REIT
Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country's leading owners, operators, and developers of quality real estate assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at September 30, 2024, our portfolio contains 305 properties comprising approximately 19.3 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects. Learn more at www.crombie.ca
NEW GLASGOW, NS, Jan. 6, 2025 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) will hold a conference call on Thursday, February 20, 2025, beginning at 10:00 a.m. (EST). Senior management will discuss Crombie's financial and operational results for the fourth quarter and year ended December 31, 2024. The financial and operational results will be released on Wednesday, February 19, 2025, after market close.
NEW GLASGOW, NS, Dec. 16, 2024 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from December 1, 2024, to and including December 31, 2024.
The distribution will be payable on January 15, 2025, to Unitholders of record as at December 31, 2024.
About Crombie REIT
Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country's leading owners, operators, and developers of quality real estate assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at September 30, 2024, our portfolio contains 305 properties comprising approximately 19.3 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects. Learn more at www.crombie.ca
NEW GLASGOW, NS, Nov. 18, 2024 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from November 1, 2024, to and including November 30, 2024.
The distribution will be payable on December 13, 2024, to Unitholders of record as at November 30, 2024.
About Crombie REIT
Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country's leading owners, operators, and developers of quality real estate assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at September 30, 2024, our portfolio contains 305 properties comprising approximately 19.3 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects. Learn more at www.crombie.ca
Advancing strategic initiatives to drive long-term growth
NEW GLASGOW, NS, Nov. 6, 2024 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) today announced results for its third quarter ended September 30, 2024. Management will host a conference call to discuss the results at 11:00 a.m. (EST), November 7, 2024.
"Crombie's performance demonstrates the resilience of our coast-to-coast, necessity-based portfolio, and our focus on our value creation strategy of delivering consistent healthy operational and financial results. In addition to adding two grocery retail locations and disposing of two non-core assets, we purchased the remaining 50% of Zephyr, our mixed-use rental residential asset in downtown Vancouver," said Mark Holly, President and CEO. "It is our solid foundation, including our strong financial condition and dedicated team, that allows us to seize opportunities and advance key priorities to create long-term sustainable growth for our Unitholders."
NEW GLASGOW, NS, Oct. 16, 2024 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) announced today that pursuant to the trust indenture governing its 4.80% Series E Senior Unsecured Notes due January 31, 2025 (the "Series E Notes"), it has issued a notice of redemption to the registered holders of its Series E Notes. The outstanding $175 million aggregate principal amount of these Notes will be redeemed in full on October 31, 2024 (the "Redemption Date").
NEW GLASGOW, NS, Oct. 16, 2024 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from October 1, 2024, to and including October 31, 2024.
The distribution will be payable on November 15, 2024, to Unitholders of record as at October 31, 2024.
About Crombie REIT
Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country's leading owners, operators, and developers of quality real estate assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at June 30, 2024, our portfolio contains 304 properties comprising approximately 19.3 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects. Learn more at www.crombie.ca
NEW GLASGOW, NS, Oct. 8, 2024 /CNW/ - Crombie Real Estate Investment Trust ("Crombie" or the "REIT") (TSX: CRR.UN), announced today that it entered into an agreement to issue $300 million aggregate principal amount of Series M Senior Unsecured Notes maturing January 15, 2032 (the "Series M Notes"). The Series M Notes will bear interest at a rate of 4.732% per annum and were offered at a price of $999.79 per $1,000.00 principal amount.
NEW GLASGOW, NS, Oct. 4, 2024 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) will hold a conference call on Thursday, November 7, 2024, beginning at 11:00 a.m. (EST). Senior management will discuss Crombie's financial and operational results for the third quarter ended September 30, 2024. The financial and operational results will be released on Wednesday, November 6, 2024, after market close.
NEW GLASGOW, NS, Sept. 30, 2024 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) announced today that it has entered into a binding agreement to acquire the remaining 50% of Zephyr, in Vancouver, British Columbia, from its partner, Westbank Corp., for an aggregate purchase price of $133 million. Through this acquisition, Crombie will now own 100% of the residential component, in addition to its existing full ownership of the ground floor grocery-anchored retail. The acquisition is scheduled to close in October 2024, subject to Competition Bureau approval.
NEW GLASGOW, NS, Sept. 16, 2024 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from September 1, 2024, to and including September 30, 2024.
The distribution will be payable on October 15, 2024, to Unitholders of record as at September 30, 2024.
About Crombie REIT
Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country's leading owners, operators, and developers of quality real estate assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at June 30, 2024, our portfolio contains 304 properties comprising approximately 19.3 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects. Learn more at www.crombie.ca
NEW GLASGOW, NS, Aug. 16, 2024 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from August 1, 2024, to and including August 31, 2024.
The distribution will be payable on September 13, 2024, to Unitholders of record as at August 31, 2024.
About Crombie REIT
Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country's leading owners, operators, and developers of quality real estate assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at June 30, 2024, our portfolio contains 304 properties comprising approximately 19.3 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects. Learn more at www.crombie.ca
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