Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Computing
Conference & Expo
November 2-4, 2009 NYC
Register Today and SAVE !..

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
Profitability still improving: BTB generates funds from operations greater than distributions

MONTREAL, Nov. 12, 2012 /CNW Telbec/ - BTB Real Estate Investment Trust (TSX: BTB.UN) ("BTB") releases today the financial results for the third quarter ended September 30, 2012, and the following highlights:

THIRD QUARTER 2012 HIGHLIGHTS

Increase of:

  • 4.5% in the average rate of expired and renewed leases
  • 168% in recurring net income and 29% on a unit basis
  • 207% in FFO and 60% on a unit basis
  • 180% in AFFO and 39% on a unit basis
  • 19.8% in net operating income
  • 15.0% in rental income
  • 0.2% in the occupancy rate

On September 24, 2012, acquisition of an additional 50% interest in Complexe Lebourgneuf Phase 2 for $12.1 million.
   

SUBSEQUENT EVENTS

In October 2012, BTB renegotiated and extended its acquisition line of credit of $12 million on more favourable terms.
   
On October 15, 2012, the Trust acquired an office building located in Ottawa, Ontario for a purchase price of $6.6 million. The 31,463-square-foot building is fully leased. The main tenants are TD Bank and the LCBO.  The acquisition of this property was financed by a new $4.3 million mortgage loan, at an interest rate of 3.25%, maturing in 2017.
   
On October 31, 2012, BTB refinanced properties subject to two mortgage loans totalling $41 million and bearing interest at 6.17% by securing a new $43 million loan, at an interest rate of 4.11%, maturing in 2017, on seven properties owned by the Trust. This new mortgage loan will generate annual interest savings of more than $0.8 million.
   
On November 1, 2012, the Trust acquired a 50% interest in two commercial retail and office buildings located in Gatineau, Québec, for $6.1 million. The total rentable area of these properties is 74,425 square feet and they are fully leased. The tenants are a restaurant of the "Houston" chain, a "L'Aubainerie" store and federal government offices.  This acquisition was financed by a new mortgage loan of $4.2 million at an interest rate of 3.18%, maturing in 2017.
   
On November 5, 2012, the Trust acquired an industrial building located in Ingersoll, Ontario for a purchase price of $10.3 million. This 200,000-square-foot property is fully leased to Hercules Tire & Rubber Company, a subsidiary of an American multinational.  As part of this transaction BTB assumed a $6.6 million mortgage loan, bearing interest at 6.14%, maturing in 2014.
   

"BTB continued its growth through accretive acquisitions resulting in a 20% increase of our net operating results compared to the same period last year.  Furthermore, BTB's team achieved a 4.5% increase in the average rate of lease renewals."

Management will hold a conference call on November 13, 2012 at 10:00 a.m. (ET) to discuss BTB's financial results and performance for the three-month period ended on September 30, 2012.

DATE :  Tuesday, November 13, 2012
   
TIME :  10:00 a.m. (Eastern Standard Time)
   
DIAL :  1-647-427-7450 (from Toronto and overseas) access code 65007728# 1-888-231-8191 (from North America) toll free, access code 65007728#. To ensure your participation, please dial in fifteen minutes prior to the start of the conference call.
   
REPLAY :  From 1:00 p.m. Tuesday November 13, 2012, until 11:59 p.m. November 20, 2012, dial 1-416-849-0833 conference ID number 65007728#, or dial toll free 1-855-859-2056 conference ID number 65007728#.
   

The media and all interested parties may attend the call in listening mode only.

Conference call operators will coordinate the question and answer period, and will instruct participants regarding the procedures for the call.

About BTB

BTB is a real estate investment trust and its objective is to provide unitholders with stable cash distributions from investments in a quality portfolio of office, industrial, commercial and retail properties predominantly located in the province of Québec. BTB is led by an experienced management team with in-depth experience in the real estate industry and a Board of Trustees focused on governance and sound business practices.

BTB offers a distribution reinvestment plan to unitholders where by the participants may elect to have their monthly cash distribution reinvested in additional units of BTB.

SOURCE BTB REAL ESTATE INVESTMENT TRUST

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

SOA World Latest Stories
I've been writing recently about the dimensions of Big Data in the IoT: urgency, importance, frequency, consequences, remedy, cost. You can find my stories on IoT Journal or at my personal website. The big item missing from this list is, of course, size. How big are individual messa...
Processes are not documented and reused by a set of individuals because they lead to failure. Like design patterns, they are documented and reused because they lead to success. They are all put together by very talented people who have successfully used them to develop software multip...
Many mid-market companies have invested significant time and resources to secure and back up their servers, client computers, data, and overall network infrastructure in what was the traditional client-server setup. Now, what were considered emerging technologies just a few years ago, ...
Vormetric on Tuesday announced that Rackspace Hosting has joined the Cloud Partner program, and will be offering encryption and key management services to customers via Vormetric's Transparent Encryption solution. Vormetric's Transparent Encryption combines the performance, flexibility...
I'm reading a McKinsey report from May 2013 that talks about 12 disruptive technologies, including cloud computing and the Internet of Things (IoT). I'll focus on the IoT here. The report estimates the IoT Internet to be worth between $2.7 and $6.2 trillion by the year 2025.(The world'...
up.time, from uptime software, monitors performance, availability and capacity across all servers, virtual machines, applications, IT services, and the network. Proactively find IT system performance issues before they happen, report on total capacity, easily identify troublemakers, tr...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE