Encumbrance

RioCan Reports Fourth Quarter and Year End 2023 Results - FFO per Unit Growth Enables Annualized Distributions Increase of 2.8% to $1.11 Per Unit

Retrieved on: 
Wednesday, February 14, 2024
Commercial Building & Real Estate, Construction & Property, REIT, Well, FFO, CMHC, Gatineau, Greater Toronto Area, Tenant, NOI, Q3, Focus, Trust, Housing Corporation, Encumbrance, NLA, Commercial property

Rental income has commenced in 2023 and is expected to ramp up over the course of 2024.

Key Points: 
  • Rental income has commenced in 2023 and is expected to ramp up over the course of 2024.
  • Towns 2 townhouse units were completed and sold in the quarter, generating a $4.8 million inventory gain.
  • As cost of financing conditions persist, RioCan does not intend to commence new physical construction of mixed-use properties in 2024.
  • Subsequent to year end, RioCan further reduced its interest in the project to 25.0% by selling an additional 12.5% interest.

AnaCredit Validation Checks – Version 1.8

Retrieved on: 
Sunday, January 28, 2024
Sale, Commitment, Logic, Record, Default, Central bank, Date, MFI, AnaCredit, Validation, Probability, Instrument, Inception, Encumbrance, Collection, Part Two, DOES, NCB, Element, Section 4, T-3, NOT, Accounting, Creditor, Language, ECB, Fahd of Saudi Arabia, Classification, LEI, Completeness, Table, NCBS, Definition, FVC, European Central Bank, Protection, Ultimate, Section, Data collection, ID, Data, Data set, Commission, Interest, Communication, Next, Prudential, GAAP, OJ, Head, Boilermaker
Key Points: 

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RioCan Reports Third Quarter 2023 Results - Strong Core Business and Development Deliveries

Retrieved on: 
Thursday, November 2, 2023
Commercial Building & Real Estate, Construction & Property, REIT, Well, Video news release, The Well, Economics, Sephora, Greater Toronto Area, NLA, Trust, GFA, Lululemon Athletica, RioCan Real Estate Investment Trust, Encumbrance, NOI, Commercial property, Security (finance), Bloor Street

For the full year, we expect to complete 630,200 square feet of GFA of development.

Key Points: 
  • For the full year, we expect to complete 630,200 square feet of GFA of development.
  • We expect these development completions to contribute $25.5 million of stabilized NOI that will ramp up over the course of 2023 and 2024.
  • Subsequent to quarter end, RioCan sold an additional 2.1% interest reducing its interest to 37.5% in the underlying 11YV project.
  • The proportion of floating rate debt increased when compared to last quarter mainly due to the timing of refinancing and hedging activities.

EQS-News: Deutsche Konsum REIT-AG closes financial year 2021/2022 with stable development

Retrieved on: 
Sunday, January 22, 2023
Annual report, Encumbrance, ISIN, DKR, FFO, Financial Oversight and Management Board for Puerto Rico, EPRA, ECB, Investment, Maintenance, EUR, Webcast, Annual, Holding company, Real estate, Renting, Film

The Company's rental income increased by 7% in the 2021/2022 financial year compared to the previous year, from EUR 69.7 million to EUR 74.4 million.

Key Points: 
  • The Company's rental income increased by 7% in the 2021/2022 financial year compared to the previous year, from EUR 69.7 million to EUR 74.4 million.
  • The increase in rents was counteracted by the rent disposals of the properties sold in the financial year.
  • FFO forecast for the 2022/2023 financial year again between EUR 40 million and EUR 44 million.
  • Rolf Elgeti, CEO of Deutsche Konsum REIT-AG:
    "Despite the difficult overall environment, DKR's defensive business model again proved to be very robust in the past financial year 2021/2022.

Nigeria State and Markets Report 2022: Market Thought Leadership, Business Innovation and Growth Strategies, and Non market Focused Enterprise Strategies - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 8, 2022
Public Policy, Government, Other Professional Services, Professional Services, State, Local, Tamil Nadu State Agricultural Marketing Board, Friends, Separatism, Food, Transport, Banditry, Congestion, Pressure, IPOB, Government, Nigerian naira, Travel, Solution, Growth, Farmer, Electricity, Face, Review, ISWAP, Waste management, Compliance, Movement, CBN, Learning, Encumbrance, Family, Market, Renewable energy, Medical device, Bank

On the innovation strategy end, the focus is on delivering product insights and improvements, as well as solid business transformation solutions.

Key Points: 
  • On the innovation strategy end, the focus is on delivering product insights and improvements, as well as solid business transformation solutions.
  • These perspectives to appreciating government policies and regulations comprise market entry regulations, credit market regulations, labour market regulations, regulatory burdens, and government effectiveness.
  • The first summarizes the impact of government policies and regulations on the performance of product markets in Nigeria in 2021.
  • The government needs to put more effective mechanisms for enforcing compliance with the minimum wage on the labour market side.

R.E.A. Holdings plc: Proposals re 7.5 per cent dollar notes 2022

Retrieved on: 
Tuesday, February 8, 2022
Encumbrance, Condition, MAR, Guy Butler, Intention, Company, Financial services, Sale, CPO, COVID-19, ATP, TBK, Financial Services and Markets Act 2000, United Kingdom, Treasury, Bank Mandiri, Security (finance), Online gambling, Bank, Cryptocurrency, Animal, Property management, Trustee, EU

The company announced in its trading update published on 25 January 2022 that, with the group's finances now on a firmer footing, the company expected shortly to seek the approval of the holders of its 7.5 per cent dollar notes 2022 (the "dollar notes") to extend the redemption date for the dollar notes by four years (the "proposal").

Key Points: 
  • The company announced in its trading update published on 25 January 2022 that, with the group's finances now on a firmer footing, the company expected shortly to seek the approval of the holders of its 7.5 per cent dollar notes 2022 (the "dollar notes") to extend the redemption date for the dollar notes by four years (the "proposal").
  • The directors are aware that the market in the dollar notes can be limited, and that not all noteholders may be willing to have the monies represented by their holdings of dollar notes tied up beyond 30 June 2022.
  • Services Limited ("REA Services") offers to purchase the unsold balance of the relevant notes for cash at par for settlement on 30 June 2022 (that is, the current due date for redemption of the dollar notes), again subject always to the provisions as regards the transfer of dollar notes included at Condition 3 attaching to the dollar notes.
  • REA Services intends to seek to re-sell, over time, any dollar notes acquired by it pursuant to the sale facility.

The EBA launches consultation on amendments to reporting on securitisation, asset encumbrance and G-SIIs

Retrieved on: 
Wednesday, June 23, 2021
Encumbrance, Intellectual property law, Articles

Among others, this consultation paper aims to enhance proportionality in the area of asset encumbrance reporting, as recommended by the EBAs Report on the Study on the Cost of compliance with supervisory reporting requirements (CoC report).

Key Points: 
  • Among others, this consultation paper aims to enhance proportionality in the area of asset encumbrance reporting, as recommended by the EBAs Report on the Study on the Cost of compliance with supervisory reporting requirements (CoC report).
  • Following the proposals for enhanced proportionality on asset encumbrance reporting, small and non-complex institutions will be exempted from the reporting of more granular data, as proposed in the CoC report.
  • Besides that, this consultation paper suggests changing the definition of the level of asset encumbrance.
  • Consultation process

    Comments to this consultation can be sent to the EBA by clicking on the "send your comments" button on the consultation page.

Cherre Collaborates with First American DataTree to Provide Comprehensive Property Information in Real Estate Data Platform

Retrieved on: 
Tuesday, October 6, 2020
Encumbrance, Intellectual property law, Mortgage loan, Articles, Business

NEW YORK, Oct. 6, 2020 /PRNewswire/ -- Cherre , the award-winning real estate data management platform, today announced a new agreement with First American DataTree, the leading national provider of property data and document images.

Key Points: 
  • NEW YORK, Oct. 6, 2020 /PRNewswire/ -- Cherre , the award-winning real estate data management platform, today announced a new agreement with First American DataTree, the leading national provider of property data and document images.
  • First American DataTree LLC , a part of the First American family of companies, provides comprehensive data solutions to real estate and mortgage-related businesses.
  • In addition to ownership, encumbrance and market information, Cherre customers can now discover real time property tax, HOA data and other valuable information not available in other property reports on the market.
  • Cherre seamlessly connects disparate real estate data into a single source of truth, empowering companies to instantly explore all their connected data.

Bankruptcy Court Judge Authorizes Chapter 11 Trustee for San Luis & Rio Grande Railroad, Inc. to Auction 100% of Membership Interest in Its Wholly-Owned Subsidiary Massachusetts Coastal Railroad, LLC

Retrieved on: 
Tuesday, May 19, 2020
Transport, Rail, Law, Property law, Common law, Bankruptcy, Economy, Stalking horse offer, Lien, Free and clear, Chapter 11, Title 11, United States Code, Encumbrance

The Membership Interest will be sold free and clear of all liens, claims, rights, interests, and encumbrances whatsoever.

Key Points: 
  • The Membership Interest will be sold free and clear of all liens, claims, rights, interests, and encumbrances whatsoever.
  • Mass Coastals assets and liabilities shall remain unaffected by the sale of the Membership Interest, as the successful bidder is essentially buying the stock of Mass Coastal.
  • The Trustee anticipates selling the Membership Interest in Mass Coastal pending approval of Bidding Procedures filed in the chapter 11 bankruptcy of San Luis & Rio Grande Railroad, Inc., United States Bankruptcy Court District of Colorado as case number 19-18905-TBM.
  • The Trustee and his professional advisors at DSI have received a Stalking Horse Bid for the Membership Interest from Coastal Rail, LLC.