Brookfield Canada Office Properties (BOXC) Reports Q2 FFO of $0.43

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Brookfield Canada Office Properties Reports Second Quarter 2016 Results

July 25, 2016 5:00 PM EDT

TORONTO, ON -- (Marketwired) -- 07/25/16 -- 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 June 30, 2016 was $45.8 million or $0.49 per unit, compared to $83.6 million or $0.90 per unit during the same period in 2015.

Revaluation gain for the three months ended June 30, 2016 was $5.9 million, compared to a revaluation gain of $47.2 million during the same period in 2015. The current value of $34.05 per unit represents an increase over the $33.89... More