Brookfield Canada reports 4Q results

TORONTO (AP) _ Brookfield Canada Office Properties (BOXC) on Monday reported a key measure of profitability in its fourth quarter.

The real estate investment trust, based in Toronto, said it had funds from operations of $8.2 million, or 31 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $13.5 million, or 51 cents per share.

The real estate investment trust, based in Toronto, posted revenue of $102.4 million in the period.

For the year, the company reported funds from operations of $118.5 million. Revenue was reported as $394.5 million.

The company's shares have risen 19 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $23.42, an increase of 36 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BOXC at https://www.zacks.com/ap/BOXC

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Keywords: Brookfield Canada Office Properties, Earnings Report