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Public Storage Canadian Properties Releases 3Q Results
"Public Storage Canadian Properties released operating results for the third quarter ended Sept. 30, 2009 and distributions to be paid on Dec. 31, 2009.
November 6, 2009
1 Min Read
Public Storage Canadian Properties released operating results for the third quarter ended Sept. 30, 2009 and distributions to be paid on Dec. 31, 2009. Some highlights:
Net income of the Partnership was $1.5 million for the three months ended Sept. 30, 2009 compared to $2.1 million for the same period in 2008.
Net income of the Partnership was $4.7 million for the nine months ended Sept. 30, 2009 compared to $5.7 million for the same period in 2008.
The Partnership owns and derives substantially all its income from 27 self-storage facilities in Alberta, British Columbia, Ontario and Quebec. The Partnership also owns parcels of land in Oakville, Ontario; Orleans, Ontario; and Richmond Hill, Ontario, for future self-storage development.
Source: Earth Times,Public Storage Canadian Properties Announces Third Quarter 2009 Operating Results and Distributions
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