* Q2 FFO C$0.25 vs C$0.14 year-ago
* Rev triples to C$32.9 mln
* Occupancy rises to 96 pct (Follows alerts)
Aug 9 (Reuters) - Canada’s TransGlobe Apartment Real Estate Investment Trust’s TGA_u.TO second-quarter funds from operations (FFO) nearly tripled, helped by contribution from acquisitions and higher occupancy.
TransGlobe Apartment reported FFO of C$11 million ($11.1 million), or 25 Canadian cents per unit, in the April-June quarter, compared with C$4.2 million, or 14 Canadian cents per unit.
Total revenue nearly tripled to C$32.9 million. Overall portfolio occupancy in the quarter was 96 percent, up from 94.9 percent in the same period last year.
The Ontario-based company’s shares were up about 3 percent at C$10.39 on Tuesday afternoon on the Toronto Stock Exchange.
$1 = 0.993 Canadian Dollars Reporting by Amruta Sabnis in Bangalore; Editing by Maju Samuel