Brookfield Canada Office Properties (BOXC) Reports Q3 FFO of 27c

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Brookfield Canada Office Properties Reports Third Quarter 2015 Results

October 19, 2015 5:00 PM EDT

TORONTO, ON -- (Marketwired) -- 10/19/15 -- Brookfield Canada Office Properties (TSX: BOX.UN) (NYSE: BOXC) (the "Trust"), a Canadian REIT (Real Estate Investment Trust), today announced that net income for the three months ended September 30, 2015 was $50.3 million or $0.54 per unit, compared to $9.0 million or $0.10 per unit during the same period in 2014. Included in net income for the three months ended September 30, 2015 was a fair value gain of $17.4 million, compared to a fair value loss of $28.4 million during the same period in 2014. The current IFRS value increased to $34.34... More