Annual Reports

NVD produces an audited Annual Report to unit holders and a management-prepared Semi-Annual report to unit holders. As the partnership has more than 85 unitholders, it presents its financial reports in the same format one would expect from public companies. Provided here are the annual and semi annual reports for the past few years
  • 2015 Annual Report

    Despite the tough economy, Northern Vision Development performed well in 2015. The Partnership focused on margin improvement in the Hotel Division and vacancy reduction in its Real Estate Division.

  • 2015 Semi-Annual Report

    The report for the six month period ending June 30, 2015 illustrates strong performance for the Hotels Division and a strong overall first half of the year relative to previous performance. Both Hotel and Rental Divisions posted improved results.

  • 2014 Annual Report

    During 2014 the Partnership focused on the completion of NVD Place and the full integration of Hotels it acquired in 2013.

  • 2014 Semi-Annual Report

    Stronger performance in the back half of 2014 will likely begin in the process of returning NVDLP to its traditional levels of income and cashflow performance.

  • 2013 – Annual Report

    During 2013 the Partnership focused on the leasing and sales efforts required to address vacancies in recently completed developments, the acquisition and integration of new hotels and the development of its signature NVD Place project.

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