TORONTO, May 17, 2013 /CNW/ - KEYreit (TSX: KRE.UN) ("KEYreit or "the REIT") today announced the completion of the offer to acquire the REIT by Plazacorp Retail Properties Ltd.

TORONTO, May 13, 2013 /CNW/ - KEYreit (TSX: KRE.UN) today reminds unitholders that Plazacorp's offer to acquire 100% of the issued and outstanding trust units (the "Units") of KEYreit for $8.35 per Unit in cash, subject to a maximum aggregate cash ...

"Since the time of our IPO in 2005, KEYreit has achieved a 6.63% total return on equity, a noted achievement versus the Dow Jones Industrial Average of 4.79% and TSX Composite Index of 1.82% over the same time period.

TORONTO, ONTARIO--(Marketwired - May 1, 2013) - MM Asset Management Inc. ("MMAM") announced that one fund it manages and advises, MMCAP International Inc. SPC ("MMCAP"), acquired 99,900 units ("Units") of KEYreit ("KEYreit") on April 17, 2013 ...

The acquisitions come as a result of the Montreal-based company buying KEYreit, which owned the Staples and Bed, Bath & Beyond brands in Canada.

During the quarter, the Company launched a friendly takeover of KEYreit (TSX: KRE.UN) and on April 4, 2013, the Company announced that it entered into a definitive agreement with KEYreit to increase its offer to acquire 100% of the units of KEYreit ...

Compared to 2012, FFO decreased to $3.1 million due to a reduction in net operating income arising from the sale of certain assets to FAM REIT on December 28, 2012 and higher one-time professional fees associated with the KEYreit transaction.

Prior to his employment at KEYreit, Mr. Zhao spent seven years in industry and with accounting firms where he held various senior positions.

FFO is a key REIT metric that adds amortization and depreciation expenses back into net income to get a better picture of cash flow.

FFO is a key REIT metric that adds amortization and depreciation expenses back into net income to get a better picture of cash flow.