Brief: Mainstreet Equity Corp reports Q2 FFO c$0.67/shr

Mainstreet Equity

10/05/2016 12:15

May 10 (Reuters) - Mainstreet Equity Corp  MEQ.TO  
    * Mainstreet announces Q2 2016 earnings 
    * Q2 FFO per share c$0.67 
    * As part of our outlook, we see costs remaining low 
    * Qtrly NOI decreased 2 pct to $16 million , while falling 5 
pct to $15.1 million on a same asset basis 
    * Also expect to see substantial reductions in heating costs 
due to natural gas prices that remain among their lowest in 
recent years 
    * Remain conservative in our underwriting criteria in 
Alberta and Saskatchewan 
 
Source text for Eikon:  ID:nCNWMCL62a  
Further company coverage:  MEQ.TO  
 
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