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Comment & Analysis

Thursday November 5, 05:54 PM
BRIEF-Crombie REIT Q3 results

Nov 5 (Reuters) - Crombie Real Estate Investment Trust:

* Q3 FFO per share per unit $0.15

* Q3 adjusted FFO per share per unit $(0.01)

* Says occupancy for the properties was 94.2% at September 30, 2009

* Reit - property revenue for the quarter ended September 30, 2009

remained virtually unchanged at $51.0 million

* Says purchase price in respect of the eight properties is about $62.0 million

* Says same-asset NOI for the third quarter of 2009 of $32.4 million

* Reit - agreed to acquire a portfolio of eight retail properties from

subsidiaries of Empire Company Limited

* Says signed a commitment letter for a $37 million mortgage financing

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

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