TORONTO–(BUSINESS WIRE)–#ChoiceProperties–Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it will be reporting third quarter 2025 results on Wednesday, November 5, 2025, after-market hours.

Management will host a conference call the next day on Thursday, November 6, 2025 at 9:00 AM (ET) with a simultaneous audio webcast. To access via teleconference please dial 1 (888) 330-2454 or 1 (240) 789-2714 and enter the event passcode: 4788974. The link to the audio webcast will be available on www.choicereit.ca/events-webcasts.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through places where people thrive.

We are more than a national owner, operator and developer of high-quality commercial and residential real estate. We believe in creating spaces that enhance how our tenants and communities come together to live, work, and connect. This includes our industry leadership in integrating environmental, social and economic sustainability practices into all aspects of our business. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedarplus.ca.

Contacts

For more information:

Erin Johnston

Chief Financial Officer

Choice Properties REIT

(647) 294-8724

Erin.Johnston@choicereit.ca

DEERFIELD BEACH, Fla.–(BUSINESS WIRE)–#FutureOfSecurity–Prosegur is proud to announce its inclusion on TIME magazine’s prestigious World’s Best Companies of 2025 list, published in partnership with Statista. This annual ranking celebrates organizations that excel across three key dimensions: employee satisfaction, revenue growth, and sustainability performance.

Prosegur’s recognition places it among a select group of companies worldwide that are setting the standard for excellence in business and corporate responsibility. This marks the second consecutive year that Prosegur has appeared on the list, with its position rising to #584 this year. The company’s rise reflects its strong financial performance, ongoing commitment to innovation, and focus on talent and sustainability.

Commitment to Excellence

“Being named one of the world’s best companies is a powerful acknowledgment of the dedication and passion our teams bring to work every single day,” said Daren Lopez, Group CEO of Prosegur Security. “At Prosegur, we are driven by a clear mission: to protect what matters most while creating meaningful opportunities for our people and delivering value for our clients. This recognition reinforces that our strategy is resonating not only with our stakeholders but also on the global stage.”

Driving Positive Impact Worldwide

• Empowering employees: Prosegur continues to invest in its people through robust training programs, career development opportunities, and a culture rooted in safety, respect, and inclusion.
• Fostering sustainable growth: The company has achieved strong, consistent revenue growth while expanding its global footprint and driving operational innovation.
• Leading with responsibility: Prosegur has embedded sustainability and transparency into its operations, enhancing reporting practices and implementing initiatives that reduce environmental impact and support local communities.

Meet Our Team at GSX

Prosegur will be showcasing its latest security innovations at GSX 2025 in New Orleans. Visit us at Booth #1754 next week to meet our team and learn more about how we’re redefining the future of security.

A Shared Achievement

This recognition reflects the combined efforts of Prosegur’s teams around the world who are working to create safer environments, stronger communities, and a more sustainable future. The company remains committed to advancing this mission as it continues to grow and innovate.

About Prosegur Security USA

Founded in 1976, Prosegur is a global leader in security delivering cutting-edge technology and customized guarding solutions that meet the evolving needs of businesses across various industries. Prosegur provides innovative security services that integrate human expertise with advanced technology for optimal protection.

Prosegur’s innovative solutions, trusted professionals, and operational excellence has established the company as a global market leader in the security services industry. Prosegur is publicly listed on the Spanish stock exchange and generated over $5 billion in revenue in 2024. With approximately 175,000 employees, Prosegur continues to build trusted partnerships with clients while setting new standards for security solutions across the globe.

For more information about Prosegur and its tailored security solutions for the U.S. market, please visit www.prosegur.us.

Contacts

Media contact:
Rya Manners, Vice President of Marketing – North America

Email: rya.manners@prosegur.com

LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced the pricing of a Canadian Maple Bond offering (priced on September 19, 2025). SmartStop’s affiliated operating partnership, SmartStop OP, L.P., will issue CAD $200 million of series B senior unsecured notes due September 24, 2030 (the “Notes”). The Notes bear interest at a rate of approximately 3.888% per annum, payable in cash in equal semi-annual installments, commencing on March 24, 2026. The Notes are rated BBB (Stable) by Morningstar DBRS.

SmartStop intends to use the net proceeds from the offering to repay outstanding indebtedness, fund acquisitions and for general corporate purposes. The closing of the offering is expected to occur on September 24, 2025, subject to the satisfaction of customary closing conditions.

The Notes will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws in the United States and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws. The Notes were offered exclusively to persons resident in a Canadian province through a syndicate of agents on a private placement basis. The Notes will not be sold to investors outside of Canada.

This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Notes in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA) is a self-managed REIT with a fully integrated operations team of more than 600 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs. As of September 22, 2025, SmartStop has an owned or managed portfolio of 236 operating properties in 23 states, the District of Columbia, and Canada, comprising approximately 170,500 units and 19.1 million rentable square feet. SmartStop and its affiliates own or manage 49 operating self-storage properties in Canada, which total approximately 41,800 units and 4.2 million rentable square feet.

Contacts

David Corak
Senior VP of Corporate Finance and Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Expanded platform signals confidence in global debt business and will focus on direct lending opportunities across high conviction sectors

VANCOUVER, British Columbia–(BUSINESS WIRE)–QuadReal Property Group (QuadReal), a global real estate investment, development and operating company has expanded its commercial real estate debt platform in the UK and Ireland. Over the next three to five years, QuadReal intends to commit over £2.5bn, signalling the firm’s conviction to the UK and Ireland, with an eye to further expansion into other European markets. QuadReal will have direct control over all decision making.

The expanded platform, focused solely on direct lending, follows the success of QuadReal’s North American debt business, which currently manages over £7.5bn in investments and is expected to exceed £8bn by the end of 2025. The expansion will leverage the experience and connections of QuadReal’s established London office and global team as well as QuadReal’s strong relationships with both US and Canadian-based institutional sponsors who are active across the UK and Europe.

“Platform expansion in the UK and Europe is a natural next step for QuadReal’s debt strategy and will build off the successes of our team in North America,” said Jonathan Dubois-Philips, President, International Real Estate. “Expanding our lending capabilities in the UK and European markets provides us with the opportunity to further diversify our portfolio and gain exposure to the attractive risk-adjusted returns these markets have to offer.”

“In alignment with QuadReal’s high conviction investment strategy and global experience, the expanded platform will focus on key sectors including multifamily, student housing, data centres, industrial and self storage,” said Prashant Raj, Managing Director, Debt Investments. “The initial commitment strategy is centred on the UK and Ireland, and will expand more broadly in Europe, with a focus on construction, transitional and stabilised loans, filling a current gap in the lending market.”

QuadReal’s investment strategy, global experience and local market expertise have established it as one of the top 20 real estate investors globally. Since 2021, QuadReal’s debt team has completed over 165 deals concentrated on high conviction sectors. By the end of 2029, it aims to shift 10% to 20% of its overall debt portfolio exposure to the UK and Europe.

About QuadReal Property Group

QuadReal Property Group is a global real estate investment, development, and operating company headquartered in Vancouver, British Columbia. Its assets under management are CAD $94 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly through operating platforms in which it holds an ownership interest and via programmatic partnerships.

QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.

QuadReal: Excellence lives here.

www.quadreal.com

FAQs

Why is QuadReal expanding its platform in the UK and Europe?

Since 2021, QuadReal’s global debt business has grown significantly and in North America, the team has completed over 165 deals in high conviction sectors. Expanding its lending capabilities in the UK and European markets provides QuadReal with the opportunity to diversify our global debt portfolio and gain exposure to attractive risk adjusted returns.

What areas will the team initially be focused on?

The platform will focus on direct lending in the multifamily, student housing, industrial and self storage sectors with a focus on construction, transitional and stabilised loans. Over the next five years, QuadReal intends to commit over £2.5bn in the UK and Ireland and will explore expanding the platform into other European markets in the future.

How much UK and European exposure is QuadReal planning for the global platform?

By 2029, QuadReal aims to have 10% to 20% of its overall debt portfolio exposure in the UK and Europe.

How does this relate to QuadReal’s global investment strategy?

The sectors and markets where we lend are in direct alignment with our global investment strategy. QuadReal has high conviction in multifamily, student housing, industrial and self storage and focuses on investment opportunities in markets with favourable demand drivers.

Contacts

Bryn.Woodward@fticonsulting.com
07929 383 297

TORONTO–(BUSINESS WIRE)–DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U and TSX: DRR.UN) (“Dream Residential REIT” or the “REIT”) today announced its September 2025 monthly distribution in the amount of US$0.035 per unit (US$0.42 annualized). The September distribution will be payable on October 15, 2025 to unitholders of record as at September 30, 2025.

About Dream Residential REIT

Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns a portfolio of garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.

Contacts

Dream Residential REIT

Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Derrick Lau

Chief Financial Officer

(416) 365-2364

dlau@dream.ca

Scott Schoeman

Chief Operating Officer

(303) 519-3020

sschoeman@dream.ca

 

 

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release.

TORONTO–(BUSINESS WIRE)–Dream Impact Trust (TSX: MPCT.UN) (“Dream Impact” or the “Trust”), announced today that Dream Impact and the beneficial holders of the Trust’s 5.50% convertible unsecured subordinated debentures due July 31, 2026 (the “Debentures”) have reached an agreement to extend and amend certain terms of the Debentures. All of the Debentures are beneficially owned by certain controlled affiliates of Fairfax Financial Holdings Limited (collectively, “Fairfax”).

Dream Impact and Fairfax have agreed to extend the maturity date of the Debentures from July 31, 2026 to July 31, 2031. In addition, the interest rate of the Debentures will change from 5.50% to 6.50% and the conversion price of the Debentures will be adjusted to $2.75 per unit. Under the amended terms of the Debentures, the Trust will have the right at its sole option to satisfy any conversion request in cash in lieu of delivering units of the Trust that would otherwise be issuable on conversion of the Debentures.

“We are extremely pleased to announce the extension of the Debentures as this was a significant debt maturity for the Trust in 2026, and the new cash settlement option on a conversion reduces potential dilution down the road,” said Meaghan Peloso, Chief Financial Officer of Dream Impact. “This is one step among many that we have completed, and we will continue to provide updates as we make progress on advancing our strategic initiatives.”

The amendments to the Debentures will be subject to the approval of a majority of the votes cast at a special meeting of unitholders of the Trust as well as the approval of the Toronto Stock Exchange and other customary closing conditions for transactions of this nature. Dream Unlimited Corp., which holds 6,852,681 units of the Trust representing 37% of the Trust’s issued and outstanding units, has agreed to vote in favour of the amendments to the Debentures. The special meeting of unitholders of the Trust is expected to be held in the fall of this year.

Further information regarding the amendments to the Debentures will be included in the Trust’s management information circular which will be mailed to unitholders of the Trust. A copy of the agreement relating to the amendments to the Debentures and the management information circular will be available on and under the Trust’s profile on www.sedarplus.ca following their filing by the Trust.

The amendments to the Debentures will also require the consent of holders of not less than 66⅔% of the principal amount of all of the outstanding Debentures. Fairfax has agreed to consent to the amendments to the Debentures. As a result, the Trust anticipates that it will obtain the requisite approval of the Debenture holders.

The amendments to the Debentures are expected to be effective in late 2025 or early 2026, subject to the satisfaction of the conditions to the amendments.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in Canada, the United States or any other jurisdiction.

Management Changes

The Trust is pleased to announce the appointment of Derrick Lau as Chief Financial Officer of the Trust effective September 19, 2025. In his new role, Mr. Lau will oversee all financial aspects of the Trust as it continues to execute on its strategic objectives. Mr. Lau currently serves as the Chief Financial Officer of Dream Residential Real Estate Investment Trust (“DRR”), spearheading the overall financial management of DRR since its initial public offering in 2022. Mr. Lau has over 15 years of experience in the real estate industry and has been with Dream, the Trust’s asset manager, for the last 10 years in increasingly senior finance and strategy roles.

With Mr. Lau’s appointment, Ms. Meaghan Peloso will continue to provide strategic support to the Trust through her role as Chief Financial Officer of Dream, Dream Impact’s asset manager. “Over the past six years, since joining the Trust’s management team, Meaghan has done an outstanding job in leading the financial planning and reporting function of the Trust through a more challenging economic backdrop for real estate,” said Amar Bhalla, Chair of Dream Impact. “I would like to thank Meaghan for her dedication over the years, and we are also pleased to welcome Derrick to the team.”

About Dream Impact Trust

Dream Impact is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities. For more information, please visit: www.dreamimpacttrust.ca.

Forward Looking Information

This press release may contain forward-looking information within the meaning of applicable securities legislation. Such forward-looking information includes, but is not limited to, information and statements concerning the proposed amendments to the Debentures and the terms thereof, the anticipated timing for the amendments and the related meeting of the Trust’s unitholders, and the anticipated receipt of consents by the debentureholders to the amendments. There can be no assurance that the amendments to the Debentures will be completed or that they will be completed on the terms and conditions contemplated in this release. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans”, or “continue”, or similar expressions suggesting future outcomes or events. Forward looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond our control that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, the risk of adverse global market, economic and political conditions and health crises; risks inherent in the real estate industry; risks relating to investment in development projects; impact investing strategy risk; risks relating to geographic concentration; risks inherent in investments in real estate, mortgages and other loans and developments; credit risk and counterparty risk; competition risks; environmental and climate change risks; risks relating to access to capital; interest rate risk; the risk of changes in governmental laws and regulations; tax risks; foreign exchange risk; acquisitions risk; and leasing risks. Our objectives and forward looking statements are based on certain assumptions with respect to each of our markets, including that the general economy remains stable; that no unforeseen changes in the legislative and operating framework for our business will occur; that we will meet our future objectives, priorities and growth targets; that we receive the licenses, permits or approvals necessary in connection with our projects; that we will have access to adequate capital to fund our future projects, plans and any potential acquisitions; that we are able to identify high quality investment opportunities and find suitable partners with which to enter into joint ventures or partnerships; that we do not incur any material environmental liabilities; interest rates remain stable; there will not be a material change in foreign exchange rates; conditions within the real estate market remain consistent; and competition for and availability of acquisitions remains consistent with the current climate. All forward-looking information in this press release speaks as of the date of this press release. Dream Impact does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise except as required by law. Additional information about these assumptions and risks and uncertainties is contained in Dream Impact’s filings with securities regulators, including its latest annual information form and MD&A. These filings are also available at Dream Impact’s website at www.dreamimpacttrust.ca.

Contacts

For further information, please contact:

Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kim Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

Ontario–(BUSINESS WIRE)–Axis Insurance Managers Inc. is pleased to announce the appointment of Kevan Thompson as National Senior Vice President of the Construction, Contractors & Real Estate (CCRE) practice group. Kevan will lead Axis’s national CCRE practice, guiding strategy and delivery of specialized risk management, insurance, and performance security solutions to clients across Canada’s construction industry.

With more than two decades of experience, Kevan brings deep knowledge in construction risk management across project-specific insurance programs, contract review and modeling, contract surety, and subcontractor default insurance (SDI). He has held senior leadership roles throughout his career and is recognized for helping clients manage complex risks, strengthen their competitive position, and achieve lasting growth.

Axis Insurance is an award-winning brokerage offering comprehensive risk management and insurance services to local, national, and international clients. Since 1928, Axis has grown into a leading national brokerage with over 400 dedicated professionals who specialize in assessing business and personal risks, delivering solutions to mitigate, reduce, or transfer them. Axis is committed to creating tailored strategies that empower clients to embrace risk as a pathway to growth and resilience.

As a full-service brokerage, Axis specializes in commercial insurance, personal insurance, life, employee benefits, and wealth advisory services. Axis’s success stems from strategic acquisitions and organic growth, supported by 16 specialized practice groups. This collaborative approach enables the firm to deliver innovative solutions, anticipating industry shifts and adapting to evolving client needs.

Axis’s strong corporate culture encourages employee ownership, drives shared success, and fosters top performance. The company’s mission centers on transforming risk into opportunity, empowering clients to navigate uncertainty confidently and purposefully.

Contacts

Media Inquiries
Bella Bothamley

Manager, Marketing

Axis Insurance

bella.bothamley@axisinsurance.ca