CALGARY, July 14, 2015 /CNW/ - Northern Property Real Estate Investment Trust (NPR.UN) will release its second quarter earnings on August 6, 2015, to be followed by a conference call on August 7, 2015, at 12:00 p.m. Mountain Time, 2:00 p.m. Eastern Time. Participating on the call will be Mr. Todd Cook (Chair), President and Chief Executive Officer, and Mr. Robert Palmer, Chief Financial Officer.
Investors and analysts are invited to participate in the call by calling 1-888-231-8191 or 647-427-7450. You will be required to provide the Conference Call Operator with the Conference ID 81814001 prior to being admitted to the call. A recorded playback of the call will be available from August 7, 2015 to August 14, 2015 by calling 416-849-0833 or 1-855-859-2056, passcode 81814001. The recording will also be available on our website on August 10, 2015.
NPR is primarily a multi-family residential real estate investor, providing a broad spectrum of rental accommodations in Canadian secondary markets. NPR focuses on communities with strong economic fundamentals where capitalization rates are generally higher and competition is somewhat restrained. NPR's residential portfolio is comprised of a multi-family segment: apartments, town homes and single family rental units; and execusuites and hotel where the rental period ranges from a few days to several months. NPR also has a portfolio of commercial buildings focused on government tenancies and quality corporate tenants predominantly located in the Northwest Territories, Nunavut and Newfoundland and Labrador. Geographically, NPR operates in Alberta, British Columbia, Newfoundland and Labrador, the Northwest Territories, Nunavut, Quebec and Saskatchewan. The value of NPR's real estate at March 31, 2015, was $1.7 billion with 11,066 residential units and 1,171,000 square feet of commercial space. NPR is traded on the TSX under the ticker symbol: NPR.UN.
SOURCE Northern Property Real Estate Investment Trust
For further information: please contact Mr. Todd Cook, President and Chief Executive Officer, or Mr. Robert Palmer, Chief Financial Officer, (403) 531-0720.