Brookfield Canada Office Properties (BOXC) Reports Q2 FFO of $0.30/Share

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Brookfield Canada Office Properties Reports Second Quarter 2015 Results

July 20, 2015 5:00 PM EDT

TORONTO, ON -- (Marketwired) -- 07/20/15 -- Brookfield Canada Office Properties (TSX: BOX.UN) (NYSE: BOXC), a Canadian REIT (Real Estate Investment Trust), today announced that net income for the three months ended June 30, 2015 was $83.6 million or $0.90 per unit, compared to $39.2 million or $0.42 per unit during the same period in 2014. Included in net income for the three months ended June 30, 2015 was a fair value gain of $47.2 million, compared to $1.0 million during the same period in 2014. The current IFRS value increased to $34.10 per unit from $33.19 per unit at the end of... More