11:52 AM EST - InnVest Real Estate Investment Trust : announced financial results for the three months ended June 30, 2013. The company completed the sale of one non-core asset during the second quarter and announced the closing of an additional property on July 2, 2013. Year-to-date, InnVest has completed the sale of three properties for aggregate gross proceeds of $81.4 million. Revenue per available room on a same-hotel basis improved 1.8% benefiting from gains in occupancy and average daily rate. Second quarter performance was impacted by disruption caused by floods in Calgary in late June. Without this disruption it is estimated that the same-hotel RevPAR improvement would have been 2.9%. InnVest Real Estate Investment Trust
shares T.INN.UN are trading unchanged at $4.07.
