09:54 AM EST - Inovalis Real Estate Investment Trust : Reported its financial results for the year ended December 31, 2015. The company reported 17.8% year-over-year growth in IFRS book equity per unit of which 9.8% comes from the addition of high quality properties and the cap rate compression in France and in Germany. Funds from operations (FFO) for the year ended December 31, 2015 of $15,154 or $0.87 per unit (fully diluted), with a FFO payout ratio of 95.2%, compared to $0.83 per unit and payout ratio of 97.0% for the same period in 2014, reflecting a 2.6% year-on-year increase. Adjusted funds from operations (AFFO) for the year ended December 31, 2015 of $17,190 or $0.98 per unit (fully diluted), with an AFFO payout ratio of 83.9%, compared to $0.92 per unit and payout ratio of 89.4% for the same period in 2014, reflecting a 6.6% year-on-year increase. Inovalis Real Estate Investment Trust
units T.INO.UN are trading up $0.03 at $9.89.
