BNET Industries

Last Fiscal Year Sales:$102.4M
  • Public
  • CA
Dow Jones Description

Northern Property Real Estate Income Trust (NPREIT) is an open-end real estate investment trust that invests in a portfolio of mainly residential income-producing properties. The REIT is the largest residential landlord in the Northwest Territories, Nunavut and the Province of Newfoundland & Labrador where many multi-family units are leased to government and corporations. The REIT is also a significant residential landlord in the strong economic areas of northern Alberta and British Columbia. NPREIT owns and leases back to independent operators, the buildings and lands associated with a portfolio of seniors' long term care and independent-living facilities. The Trust also owns commercial buildings and furnished executive suites in its main markets. NPR units trade on the Toronto Stock Exchange under the symbol NPR.UN.

President & CEO
B. James Britton
Number of Employees 280
Contact Information

6131 6th Street Southeast Suite 110

Calgary, Alberta T2H 1L9

www.npreit.com

(403) 531-0720

NAICS Code Educational Support Services: 611710

Recent Events

  • Northern Property earns $6.82-million in third quarter

    11/13/09 - Financial Announcement - View Story

  • Northern Property announces timing of third quarter earnings

    9/18/09 - Financial Announcement - View Story

  • BRIEF-Raymond James upgrades CAP REIT to outperform

    8/27/09 - Bond / Stock Rating - View Story

  • Northern Property REIT to pay 12.33-cent July dividend

    7/15/09 - Stock Split / Dividend - View Story

  • Northern Property announces timing of second quarter earnings

    6/22/09 - Financial Announcement - View Story

News & Analysis

networking and npr - All News and Analysis

Decision Makers

Name (plus bio) Position
B. James Britton President & CEO
Debra Boyle CFO
Todd Cook Chief Financial Officer
Alan Vaughan Vice President, Business Dev
Richard Anda Vice President, Operations
Kenn Harper Founder

Board of Directors

Name (plus bio) Position
B. James Britton Board of Directors
C Donald Wilson Board of Directors
Dennis G Patterson Board of Directors
Dennis J. Hoffman Board of Directors
Douglas H. Mitchell Board of Directors
John C Charles Board of Directors
Kabir Jivraj Board of Directors

Organization Position Status
Northern Property Real Estate Investment Trust President & CEO Current

Organization Position Status
Northern Property Real Estate Investment Trust CFO Current

Todd Cook was Chief Financial Officer of Calgary based TGS North American REIT which was purchased by a subsidiary of The Great-West Life Assurance Company in June, 2006. He possesses a Bachelor of Administration from the University of Regina and received his Chartered Accountant designation in 1993. Mr.Cook was Vice President, Finance of Northern Property REIT from November 2006 until May 1, 2007 when he was appointed as Chief Financial Officer.

Organization Position Status
Northern Property Real Estate Investment Trust Chief Financial Officer Current
Northern Property Real Estate Investment Trust Vice President, Finance Former

Alan Vaughan joined Northern Property REIT in the fall of 2002. He has more than 20 years experience in government and business across northern Canada. Mr. Vaughan leads NP REIT's program of acquiring existing property and developing new facilities.

Organization Position Status
Northern Property Real Estate Investment Trust Vice President, Business Dev Current

Organization Position Status
Northern Property Real Estate Investment Trust Vice President, Operations Current
Northern Property Real Estate Investment Trust Asset Manager Current
Reit Corp Current

Organization Position Status
Northern Property Real Estate Investment Trust Founder Current
Northern Property Real Estate Investment Trust Board of Directors Current

Organization Position Status
Northern Property Real Estate Investment Trust Board of Directors Current
Northern Property Real Estate Investment Trust President and Chief Executive Officer Former
Northwest Territories Power Corporation Vice Chair Former

C. Donald Wilson is a founding shareholder of Urbco. Mr. Wilson is a former President of Engineered Homes Ltd. and Vice President of Genstar. Mr. Wilson is a past president of the Housing and Urban Development Association of Canada.

Organization Position Status
Northern Property Real Estate Investment Trust Board of Directors Current

Dennis G. Patterson was Premier of the Northwest Territories from 1987 to 1991. He has served as a Director of the Northwest Territories Law Foundation and as Chair of the Northwest Territories and Nunavut Legal Services Board until 2000. Since 2001, Mr. Patterson has acted as a private consultant. He is a member of the Law Society of Nunavut.

Organization Position Status
Northern Property Real Estate Investment Trust Board of Directors Current

Dennis J. Hoffman retired as office managing partner and member of the Canadian Leadership Group from PricewaterhouseCoopers LLP in July of 2005 after more than 35 years in public practice. Mr. Hoffman is an Alberta Institute lecturer, member of the Institute of Corporate Directors (ICD), and a task force member of the Petroleum Accountants Society. Mr. Hoffman graduated from the University of Saskatchewan with a BComm and a BSc, and is a member of the Canadian and Alberta Institutes of Chartered Accountants.

Organization Position Status
Icd, Inc. Current
Northern Property Real Estate Investment Trust Board of Directors Current
University of Saskatchewan Bsc Former

Organization Position Status
Borden Ladner Gervais Llp. Regional Managing Partner Current
EPCOR Utilities, Inc. Director Current
Borden Ladner Gervais Llp. Co-Chairman Current
Northern Property Real Estate Investment Trust Board of Directors Current
EPCOR Utilities, Inc. Director Current
Colorado College Bachelor of Arts in Business Administration Former
University of British Columbia Bachelor of Law Former

Organization Position Status
Prism Medical Ltd. Managing Director Current
Northern Property Real Estate Investment Trust Board of Directors Current
Prism Medical Ltd. Director Current
Prism Medical Ltd. Director & Vice-Chairman Current
Northern Property Real Estate Investment Trust Director and Vice Chairman Former
Queen's University Degree In Mathematics and Statistics Former

Dr. Kabir Jivraj is a Founding Director of AgeCare Investments Ltd. He has been a clinical professor at the University of Calgary, Faculty of Medicine, since July 2001 and has taught undergraduate and graduate students at U of C since 1988. Previously, Dr. Jivraj was the Senior Vice-President and Chief Medical Officer of the Calgary Health Region and the Vice Dean of the Faculty of Medicine. Dr. Jivraj served as the President of the Alberta Medical Association in 1996/1997 and also served as the Honorary Treasurer of the Canadian Medical Association. Currently, he is the Chair of the Board of the United Way of Calgary and Area, Chair of Focus Humanitarian Assistance Canada, a member of the Board of the Calgary Health Trust and a member of Siemens Canada Limited Health Care Advisory Council.

Organization Position Status
Northern Property Real Estate Investment Trust Board of Directors Current

Executive News

  • Northern Property REIT to pay 12.33-cent July dividend

    Stockwatch - 7/15/09 - View Story

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