WATERLOO, Ontario & MELBOURNE, Australia–(BUSINESS WIRE)–REA Group (“REA”) today announced that it has agreed to acquire 61.5% of Planitar Inc., the maker of iGUIDE (“iGUIDE”). Based in Ontario, Canada, iGUIDE is a proprietary camera and software platform that uses advanced AI capabilities to identify property features and produce immersive 3D virtual tours, precise floor plans and reliable property measurement data.

iGUIDE’s proprietary PLANIX camera systems combine advanced LiDAR and 360° imagery to efficiently and accurately map property interiors and exteriors, converting physical spaces into digital ones. It is the market leader in Canada with 25% of all homes sold in the country in 2025 featuring an iGUIDE¹. The affordable PLANIX R1 camera enables rapid capture and fast data processing while the iGUIDE platform offers the unique functionality to edit 3D tours after they are captured. iGUIDE is used by real estate photographers and agents in over 50 countries globally.

By combining floor plans with high-quality visual data, iGUIDE offers consumers an intuitive and immersive way to digitally explore built environments. Once a digital twin of a property is created, users gain access to interactive floor plans and detailed imagery, enabling them to take custom measurements and virtually walk through the space. This enhances their understanding of the property’s layout and dimensions, supporting more informed decision making.

The proposed acquisition complements REA’s consumer strategy, which is focused on delivering highly personalised, immersive and engaging property experiences for the more than 12 million Australians who use realestate.com.au every month². Last year, REA launched its AI-driven next generation listing initiative to transform listings from a static advertisement to a dynamic real-time representation of a property. Consumers are now spending more time on listings and engaging more deeply³.

REA Group Chief Executive Officer, Owen Wilson, said the company continues to invest in new technology to accelerate its strategy and evolve its market leading consumer products.

“I’m delighted to welcome the iGUIDE team into REA and look forward to introducing iGUIDE’s leading 3D tour and floor plan technology to the Australian market,” he said.

“This type of spatial mapping technology instils confidence and helps property seekers make more informed decisions while also providing agents and vendors a way to differentiate their property to secure the best outcome. While approximately less than five percent of listings currently feature a 3D tour⁴, we expect this to grow as advances in technology support higher quality and more accessible solutions, like iGUIDE.

“Interactive content and video will become the standard for property marketing in the coming years and already we’re seeing the positive impacts more immersive experiences are delivering for property seekers and real estate professionals. iGUIDE’s interactive floor plans and 3D tours are a natural extension for realestate.com.au and this proposed acquisition allows us to build on the video capabilities we have today, driving increased consumer engagement and delivering highly qualified leads to customers,” Mr Wilson added.

iGUIDE currently operates throughout North America and partners closely with resellers globally. As part of the transaction, iGUIDE will establish on-the-ground sales and operations in Australia later this year, providing greater support to existing and new customers in the Australian market.

iGUIDE co-founder and Chief Executive Officer, Alexander Likholyot, who will transition to a Strategic Advisor and Director role following completion, commented: “It was clear after we started discussions last year, REA was the right fit for our business and we’re delighted to be joining the Group. REA is a company with a shared vision for accurate property data and information excellence, helping property seekers and industry professionals make the most informed property decisions.”

The iGUIDE management team will be led by incoming Chief Executive Officer, Jarrad Morden, and will continue to operate under its current structure and brand.

“This is an exciting milestone for iGUIDE and an opportunity to expand our reach with the support of a global leader in digital property experiences. I’m looking forward to working with REA’s world-class team to unlock new capabilities and establish a strong presence in the Australian market,” Mr Morden said.

The proposed transaction is subject to certain conditions and is expected to complete shortly. Planitar’s financial advisor for the transaction was TD Securities Inc. and its legal advisor was Pulse Law, LLC.

To learn more about iGUIDE visit www.goiguide.com.

About REA Group Ltd (www.rea-group.com): REA Group Ltd ACN 068 349 066 (ASX:REA) (“REA Group”) is a multinational digital advertising business specialising in property. REA Group operates Australia’s leading residential and commercial property websites – realestate.com.au and realcommercial.com.au – as well as the leading website dedicated to share property, Flatmates.com.au and property research website, property.com.au. REA Group owns Mortgage Choice Pty Ltd, an Australian mortgage broking franchise group, PropTrack Pty Ltd, a leading provider of property data services, Campaign Agent Pty Ltd, Australia’s leading provider in vendor paid advertising finance solutions for the Australian real estate market and Realtair Pty Limited, a digital platform providing end-to-end technology solutions for the real estate transaction process. In Australia, REA Group holds strategic investments in Simpology Pty Ltd, a leading provider of mortgage application and e-lodgement solutions for the broking and lending industries, Arealytics, a provider of commercial real estate information and technology in Australia and Athena Home Loans, a leading digital non-bank lender and one of Australia’s fastest growing fintechs. Internationally, REA Group holds a controlling interest in REA India Pte. Ltd. operator of Housing.com. REA Group also holds a 20% shareholding in Move, Inc., operator of realtor.com in the US and a minority investment in Easiloan, a technology platform for end-to-end digital processing of home loans in India.

About iGUIDE (www.goiguide.com): Founded in 2013 in Kitchener, Ontario, Canada, Planitar Inc. is the maker of iGUIDE, a proprietary camera and software platform for capturing and delivering immersive 3D virtual tours and extensive property data. iGUIDE is the most efficient system to map interior spaces and features accurate floor plans, measurements and reliable property square footage. By integrating floor plans and visual data, iGUIDE provides an intuitive and practical way to navigate and explore built environments digitally.

1	Planitar Internal Data – iGUIDE Processing Volume vs. Canadian Homes Sold (2025 YTD, August 2025).
2	Ipsos iris Online Audience Measurement Service, Jul 2024 – Jun 2025 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au, Audience (000’s).
3	REA Internal Data – App only, Oct 2024 – Jun 2025 vs Oct 23 – Jun 2024. Increase in the conversion rate of media view interactions that result in viewing all listing media, applicable to Premiere+ buy listings only.
4	REA Internal Data – residential buy and rent listings.

 

Contacts

For more information: 

Skylar Lawrence-LeBel 

VP, Marketing & Customer Experience, Planitar Inc. 

Mobile +1 647 455 0585 

Email skylar@planitar.com  

Family-owned building supplier strengthens window and door offerings in Sacramento region

PETALUMA, Calif.–(BUSINESS WIRE)–Golden State Lumber + Showroom announces the acquisition of The Window and Door Shop-Sacramento, a respected window and door showroom serving the Sacramento region since 2009. It will officially open as a Golden State Lumber + Showroom location on Oct. 1, 2025.

Since July 2009, The Window and Door Shop-Sacramento co-founders Warren and Gaby Sizemore have built strong relationships with homeowners, contractors, architects, and industry professionals through their attention to detail and commitment to honest, friendly service. This reputation for excellence aligns perfectly with Golden State’s dedication to offering exceptional products and superior customer service.

“This acquisition strengthens our commitment to the window and door category and expands our presence in the Sacramento region,” said Golden State Lumber + Showroom CEO Jessica Scerri. “It also reflects our ongoing investment in quality, service, and long-term partnerships—values that are deeply shared between our two companies.”

By expanding Golden State’s footprint in the Sacramento area, the 71-year-old family-owned company reinforces the company’s commitment to serving Northern California’s construction and remodeling professionals. The Window and Door Shop-Sacramento’s product offerings include exceptional brands including Marvin, Western Window Systems, Milgard, Weather Shield, and TruStile.

About Golden State Lumber + Showroom

Founded in 1954, Golden State Lumber + Showroom is Northern California’s premier provider of commercial and residential building materials, serving the San Francisco Bay Area with ten locations including lumberyards and product showrooms. With one of the region’s largest on-ground inventory and transport fleets, the company offers same/next-day jobsite delivery. Professional builders, architects, and contractors have relied on Golden State’s extensive product selection, from lumber and building materials to custom millwork and designer windows and doors. The company’s commitment to excellence combines top brands with expert staff trained in the latest building trends. Learn more at www.goldenstatelumber.com.

Contacts

Media contact: socialmedia@goldenstatelumber.com

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

TORONTO–(BUSINESS WIRE)–Dream Industrial REIT (TSX: DIR.UN) (the “Trust”) announced today that it has renewed its existing universal base shelf prospectus, by filing and obtaining a receipt for a final base shelf prospectus (the “Shelf Prospectus”). The Shelf Prospectus is valid for a 25-month period, during which time the Trust may offer and issue, from time to time, units, subscription receipts and debt securities, which may include debt securities convertible into or exchangeable for units of the Trust, or any combination thereof. The previous base shelf prospectus of the Trust is scheduled to expire on October 6, 2025.

The Trust has also renewed its at-the-market equity program (the “ATM Program”) today, which was previously set to expire on October 6, 2025, allowing the Trust to issue up to $250,000,000 of units (the “Units”) from treasury to the public from time to time, at its discretion. The Trust intends to use the net proceeds from the ATM Program, if any, for future property acquisitions, development and redevelopment opportunities, repayment of indebtedness and for general trust purposes.

In connection with the renewal of the ATM Program, the Trust has entered into an equity distribution agreement dated September 29, 2025 (the “Equity Distribution Agreement”) with TD Securities Inc., RBC Capital Markets and Scotia Capital Inc. Any Units sold in the ATM Program will be distributed through the Toronto Stock Exchange or any other permitted marketplace. The volume and timing of distributions under the ATM Program, if any, will be determined at the Trust’s sole discretion. The ATM Program will be effective until October 29, 2027 unless terminated prior to such date by the Trust or otherwise in accordance with the terms of the Equity Distribution Agreement.

As any Units sold in the ATM Program will be distributed at the market prices prevailing at the time of the sale, prices may vary among purchasers during the period of the distribution. Distributions of the Units through the ATM Program will be made pursuant to the terms of the Equity Distribution Agreement. In connection with the renewal of the ATM Program, the Trust has filed a prospectus supplement dated September 29, 2025 (the “Prospectus Supplement”) to the Shelf Prospectus. The Prospectus Supplement and the Equity Distribution Agreement are available on SEDAR+ at www.sedarplus.ca under the Trust’s profile.

This news release does not constitute an offer to sell securities, nor is it a solicitation of an offer to buy securities, in any jurisdiction in which such offer or solicitation is unlawful. This news release is not an offer of securities for sale in the United States (“U.S.”). The securities being offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and accordingly are not being offered for sale and may not be offered, sold or delivered, directly or indirectly within the U.S., its possessions and other areas subject to its jurisdiction or to, or for the account or for the benefit of a U.S. person, except pursuant to an exemption from the registration requirements of that Act.

About Dream Industrial Real Estate Investment Trust

Dream Industrial REIT is an owner, manager and operator of a global portfolio of well-located, diversified industrial properties. As at June 30, 2025, the Trust has an interest in and manages a portfolio which comprises 338 industrial assets (550 buildings) totalling approximately 72.9 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. The Trust’s objective is to deliver strong total returns to its unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by its high-quality portfolio and an investment grade balance sheet. Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. For more information, please visit www.dreamindustrialreit.ca.

Forward looking information

This news release may contain forward-looking information within the meaning of applicable securities legislation. Forward looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans”, or “continue”, or similar expressions suggesting future outcomes or events. Some of the specific forward-looking information in this news release may include, among other things, the Trust’s intended use of the net proceeds from the ATM Program and the Trust’s objectives. 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 the Trust’s control, which 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, general and local economic and business conditions; employment levels; mortgage and interest rates and regulations; inflation; risks related to a potential economic slowdown in certain of the jurisdictions in which the Trust operates and the effect inflation and any such economic slowdown may have on market conditions and lease rates; risks that the Trust’s operations may be affected by adverse global market, economic and political conditions and other events beyond our control, including risks related to the imposition of duties, tariffs and other trade restrictions and their impacts; uncertainties around the timing and amount of future financings; uncertainties surrounding public health crises and epidemics; geopolitical events, including disputes between nations, war and international sanctions; the financial condition of tenants; leasing risks, including those associated with the ability to lease vacant space; rental rates and the strength of rental rate growth on future leasing; and interest and currency rate fluctuations. 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, including that future market and economic conditions will occur as expected and that geopolitical events, including disputes between nations or the imposition of duties, tariffs, quotas, embargoes or other trade restrictions (including any retaliation to such measures), will not disrupt global economies; inflation and interest rates will not materially increase beyond current market expectations; conditions within the real estate market remain consistent; competition for acquisitions remains consistent with the current climate; and the capital markets continue to provide ready access to equity and/or debt. All forward-looking information in this news release speaks as of the date of this news release. The Trust 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 the Trust’s filings with securities regulators, including its latest annual information form and MD&A. These filings are also available at the Trust’s website at www.dreamindustrialreit.ca.

Contacts

Dream Industrial Real Estate Investment Trust

Alexander Sannikov

President & Chief Executive Officer

(416) 365-4106

asannikov@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

 

 

Recent and anticipated openings in Johannesburg, Kuala Lumpur, Los Cabos, Tokyo and more mark a milestone year for Hyatt’s most iconic luxury brand, underscored by its belief that “Luxury is Personal”

CHICAGO–(BUSINESS WIRE)–Hyatt Hotels Corporation (NYSE:H) announces that the Park Hyatt brand’s commitment to personalized luxury is reflected not only in its philosophy to provide service at the highest standard, but also in the brand’s thoughtful approach to entering desirable locations across the globe.

In 2025, Hyatt commemorates the 45th anniversary of Park Hyatt—an iconic brand that has helped redefine luxury hospitality since the debut of Park Hyatt Chicago in 1980. The first global Park Hyatt marketing campaign in over five years, Luxury is Personal, showcases the brand’s articulation of intuitive service and intentional enrichment. Through a subtle symphony of refined details, each Park Hyatt stay experience is composed to enrich the way our guests stay with us. From scent, to space, to service, the campaign captures the quiet resonance and seamless sensory harmony that occurs when each detail is orchestrated with care and attuned to the individual.

The Park Hyatt brand’s recent and continued remarkable growth across Europe, Africa, Asia Pacific, and Americas regions promises to expand the brand’s enduring dedication to refined design principles, gracious service, and culinary excellence resonant to each destination. As the brand continues to evolve alongside the expectations of today’s discerning global travelers, these strategic openings will create new opportunities for exploration with Park Hyatt hotels serving as havens where understated luxury and exceptional service create a deeply personal experience.

The newest and upcoming openings of Park Hyatt hotels in iconic destinations include:

• EAME
  • Park Hyatt Marrakech (opened July 1, 2024): Park Hyatt Marrakech stands apart from other luxury hotels in the market through a distinctly modern and stylish take on Arab-Berber heritage. The hotel’s 130 residentially inspired guestrooms and suites are among the most spacious in Marrakech, and promise privacy and tranquility, with Moroccan touches throughout.
  • Park Hyatt London River Thames (opened October 8, 2024): Marking the debut of the Park Hyatt brand in the United Kingdom, Park Hyatt London River Thames is located in the South West London district of Nine Elms, boasting unparalleled views of London’s skyline. The hotel offers 203 guestrooms, in a prime location that allows guests to fulfill their diverse desires for culture, exploration and creativity – just a short walk from Battersea Power Station.
  • Park Hyatt Johannesburg (opened July 1, 2025): Set within the vibrant Rosebank district, celebrated for its cultural richness and urban vitality – with 31 elegantly appointed guestrooms and suites, Park Hyatt Johannesburg offers a refined, residential-style experience where thoughtful design, immersive art, and warm hospitality come together in perfect balance.
  • Park Hyatt Taormina (expected to open in 2027): A cliffside retreat on Sicily’s eastern coast, this property will offer sweeping views of the Ionian Sea and Mount Etna, luxurious suites with private terraces, and a serene blend of modern elegance and timeless Italian charm. Just steps from Taormina’s historic center, guests will be able to unwind with locally inspired cuisine, a world-class spa and access to the region’s rich cultural and natural beauty.
• ASPAC
  • Park Hyatt Kuala Lumpur (opened August 7, 2025): With 252 guestrooms and suites located between levels 75 and 114 of the iconic Merdeka 118 – the tallest skyscraper in Asia Pacific, the hotel provides discerning travelers a refined home in the sky with unparalleled views of the Malaysian capital’s skyline.
  • Park Hyatt Tokyo (expected to resume operations in December 2025): An elegant oasis of space and calm, Park Hyatt Tokyo hotel is the ideal luxury destination in Tokyo where guests can enjoy a 360-degree view of the bustling city and Mount Fuji. Following a comprehensive property-wide refinement since May 2024, the hotel will unveil newly designed guestrooms and suites, restored public spaces, event venues and enhanced dining destinations, including Girandole by Alain Ducasse in collaboration with Ducasse Paris Group founded by the celebrated Michelin-starred chef and entrepreneur, Alain Ducasse.
  • Park Hyatt Phu Quoc (expected to open Q2, 2026): Nestled on the island’s southwest tip, this property will seamlessly harmonize traditional Vietnamese architecture with pristine nature. Park Hyatt Phu Quoc will allow guests to indulge in the exquisite convergence of contemporary art and timeless craftsmanship, creating unforgettable moments for all ages on the pearl island.
• Americas
  • Park Hyatt Los Cabos at Cabo del Sol (expected to open late 2025): A luxurious coastal sanctuary spread across two miles of the Baja California Sur coastline in the exclusive Cabos del Sol community will boast 163 uniquely designed guestrooms and suites, a 59,000-square-foot wellness complex – one of the region’s largest – including a yoga studio, lap pool and personalized wellness treatments rooted in the destination.
  • Park Hyatt Cancun (expected to open in 2026): Will offer beachfront access, immersive and rare culinary, bar and lounge experiences, and world-renowned architecture and design.
  • Park Hyatt Mexico City (expected to open in 2026): Will feature 155 luxury guestrooms and 23 branded residences located on the upscale Campos Elíseos Street in the heart of the Polanco neighborhood, overlooking Mexico City’s iconic Chapultepec Park.
  • Park Hyatt Vancouver (expected to open in 2026): Now operating as Hyatt Vancouver Downtown Alberni until a multi-million-dollar redesign, Park Hyatt Vancouver will rise high above the skyline in the tallest building in Vancouver. The hotel will also offer 119 beautifully outfitted guestrooms, serene wellness amenities, and a dining experience that promises to redefine elevated hospitality in one of Canada’s most captivating destinations.

Reinforcing the Park Hyatt brand’s belief that luxury experiences are created through the subtly refined and thoughtful details that encompass a stay, the brand is unveiling a new global campaign, Luxury is Personal. Inspired by the idea that a symphony is built from distinct elements working seamlessly together, the campaign illustrates how every aspect of the Park Hyatt experience—from design, to art, cuisine, service, and more—is thoughtfully composed to enrich the way guests feel, move, and stay.

“The Park Hyatt campaign, Luxury is Personal, celebrates luxury not just as a grand performance, but as an intimate convergence of refined details that resonate long after the stay. This lasting vision for the brand to create spaces of personal luxury in the world’s most sought-after places is further emphasized through the many exciting properties we’ve introduced and look forward to welcoming to the brand soon,” said Katie Johnson, Vice President & Global Brand Leader, Luxury, Hyatt. “As we celebrate 45 years of Park Hyatt hotels, we are extremely proud of the personal touch we bring to servicing our guests and members and can’t wait to breathe new life into the brand as we head into our next chapter.”

Hyatt’s Luxury hotel portfolio has grown at a remarkable 146 percent since 2017, inviting guests to experience a curated assortment of brands that span cultural immersion, transformational wellbeing, residential modern elegance, and more. With brands like Park Hyatt which combines service with refined understated luxury, the culturally rich and environmentally conscious Alila, and the compilation of independent, one-of-a-kind luxury hotels in The Unbound Collection by Hyatt, Hyatt’s Luxury portfolio continues to see strong, sustained demand from guests and owners alike.

To learn more information, please visit www.hyatt.com.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Park Hyatt

The Park Hyatt brand’s legacy spans over 45 years of being the luxury choice for discerning global travelers, offering refined and exceptional accommodations in the world’s most desirable cities and resort destinations. Each property is thoughtfully designed to deliver residentially inspired elegance through architecture, housed world-class art, and curated immersive culinary experiences—all complemented by an intuitively personalized level of service. Guests enjoy carefully appointed rooms, acclaimed design, and signature restaurants led by award-winning chefs—creating experiences as personal as they are memorable. For more information, visit parkhyatt.com. Follow @ParkHyatt on Facebook, X and Instagram, and tag your moments with #LuxuryIsPersonal.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2025, the Company’s portfolio included more than 1,450 hotels and all-inclusive properties in 80 countries across six continents. The Company’s offering includes brands in the Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, The StandardX, Breathless Resorts & Spas®, JdV by Hyatt®, Bunkhouse® Hotels, and Me and All Hotels; the Inclusive Collection, including Zoëtry® Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets® Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Sunscape® Resorts & Spas, Alua Hotels & Resorts®, and Bahia Principe Hotels & Resorts; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®, Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®; and the Essentials Portfolio, including Caption by Hyatt®, Unscripted by Hyatt, Hyatt Place®, Hyatt House®, Hyatt Studios, Hyatt Select, and UrCove. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation Club®, Amstar® DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments, as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geopolitical conditions, including political or civil unrest or changes in trade policy; the impact of global tariff policies or regulations; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as hurricanes, earthquakes, tsunamis, tornadoes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; our ability to successfully achieve specified levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access the capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and our ability to successfully integrate completed acquisitions with existing operations or realize anticipated synergies; failure to successfully complete proposed transactions, including the failure to satisfy closing conditions or obtain required approvals; our ability to successfully complete dispositions of certain of our owned real estate assets within targeted timeframes and at expected values; our ability to maintain effective internal control over financial reporting and disclosure controls and procedures; declines in the value of our real estate assets; unforeseen terminations of our management and hotel services agreements or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating costs; foreign exchange rate fluctuations or currency restructurings; risks associated with the introduction of new brand concepts, including lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and manage the Unlimited Vacation Club paid membership program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; and violations of regulations or laws related to our franchising business and licensing businesses and our international operations; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Contacts

Media Contact:
Patrice Henry

Patrice.Henry@Hyatt.com

HOUSTON–(BUSINESS WIRE)–Westlake Royal Building Products^™, a Westlake company (NYSE: WLK), has launched two new shake colors under its DaVinci^® Roofscapes brand: Timber Black and Blonde Cedar. Representing opposite ends of the color spectrum, each showcases the unique, natural variations of cedar that emerge depending on when, where and how it is harvested, opening a world of possibilities for nearly any home exterior.

“The latest additions to our Nature Crafted Collection highlight DaVinci’s dedication to creating roofing options that balance natural beauty with exceptional performance,” said Mark Pagel, general manager, DaVinci Roofscapes. “Timber Black and Blonde Cedar showcase the striking contrast and authenticity of real cedar, while delivering the durability and low-maintenance benefits homeowners expect from DaVinci.”

The new Timber Black color features deep grays and blacks reminiscent of the rich shades of freshly burning charcoal. Part of the Nature Crafted Collection, Timber Black combines a textured shake appearance with bold hues for the authentic feel of rustic black cedar trees found deep in the eastern forests of North America.

Warm and refined, the new Blonde Cedar color features distinct grain patterns that replicate the depth and light, airy coloring of sun-kissed cedar. The hue highlights a roof with a subtle luster of golden tones that add a comfortable, natural cedar distinction to lighten the mood of the entire home exterior.

Timber Black and Blonde Cedar are available in Select Shake, Single-Width Shake and Multi-Width Shake. DaVinci shake products are modeled from hand-split shake for natural, non-repeating beauty but without the ongoing maintenance, repairs and replacement needs of wood. The product’s unique composite construction outperforms natural cedar shake with a Class A Fire Rating, Class 4 Impact Rating and a 110-mph Straight-line Wind Rating. The tiles withstand winds up to 180 mph, meeting Coastal Florida’s performance for High Velocity Hurricane Zone (HVHZ) and Miami-Dade wind requirements when fastened properly.

Learn more at westlakeroyalbuildingproducts.com/roofing/davinci-roofscapes.

About DaVinci Roofscapes

Industry-leading DaVinci Roofscapes captures the authentic look of real cedar shake and natural slate in each of their composite roofing tiles. Made of virgin resins, UV and thermal stabilizer, plus a highly specialized fire retardant, each tile resists impact, fire and severe weather. They also defy insects, rotting, fading and splitting. Available in dozens of colors, the composite tiles are backed by a Lifetime Limited Material Warranty. DaVinci Roofscapes is a brand of Westlake Royal Building Products^™.

About Westlake Royal Building Products

Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Mouldings, Roofing, Stone, Windows and Outdoor Living. Westlake Royal Building Products manufactures high quality, low maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles, and accessories.

For more information, please visit WestlakeRoyalBuildingProducts.com. Follow us on LinkedIn and Instagram and “Like” us on Facebook.

Contacts

Media Contact:
Wendy Bruch

wbruch@davinciroofscapes.com
Director of Marketing | DaVinci Roofscapes

TORONTO–(BUSINESS WIRE)–Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) expects to announce its financial results for the third quarter ended September 30, 2025 after the close of markets on Wednesday, November 5, 2025.

Granite will hold a conference call and live audio webcast to discuss its financial results. The conference call will be chaired by Kevan Gorrie, President and Chief Executive Officer.

Conference Call:

Date:		Thursday, November 6, 2025 at 11:00 a.m. (ET)
Telephone:		North America (Toll-Free):		1-800-549-8228
		International (Toll):		1-289-819-1520
Conference ID/Passcode:		70287
Webcast:		To access the live audio webcast in listen-only mode, please visit https://events.q4inc.com/attendee/717195000 or https://granitereit.com/events

To hear a replay of the webcast, please visit https://granitereit.com/events. The replay will be available for 90 days.

ABOUT GRANITE

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 141 investment properties representing approximately 60.6 million square feet of leasable area.

OTHER INFORMATION

Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval+ (SEDAR+) which can be accessed at www.sedarplus.ca and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov. For further information, please see our website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Senior Director, Legal & Investor Services, at 647-925-7504.

Contacts

Teresa Neto

Chief Financial Officer

647-925-7560

Andrea Sanelli

Senior Director, Legal & Investor Services

647-925-7504.

LADERA RANCH, Calif. & TUCSON, Ariz.–(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 a significant milestone in its growth strategy with the signing of a contribution agreement for Argus Professional Storage Management (“APSM”), the sixth largest (and second largest independent) self-storage third-party management company in the U.S., according to Inside Self Storage, to combine with SmartStop. Together, SmartStop and APSM will own or manage over 460 self-storage properties in North America. The transaction is expected to close in October 2025, subject to customary closing conditions.

“We are very excited to announce this strategic combination, which expedites SmartStop’s expansion into third-party management in a manner that we believe will be immediately accretive to SmartStop’s FFO as Adjusted,” said H. Michael Schwartz, Chairman and Chief Executive Officer of SmartStop. “Perhaps more importantly, we are doing so with an absolutely top-notch entrepreneurial partner managing a portfolio with sizeable geographic overlap to our existing portfolio. APSM has earned a strong reputation for integrity and performance within the self-storage industry, and we are proud to join our two great companies. By combining Argus’ presence in the property management space with our innovative technology-driven platform, we can provide storage owners with a differentiated offering that is both flexible and powerful. Likewise, we believe that our entrepreneurial roots make us a terrific partner for owners both in the U.S. and Canada.”

“This is a game-changing deal for the self-storage industry,” said Ben Vestal, Chief Executive Officer of APSM. “This merger will create a best-in-class operating and management platform. SmartStop’s entrepreneurial approach along with its robust technology will allow APSM to continue to provide its clients with the flexibility they value while tapping into an industry-leading platform. The two companies’ cultures are very similar, with an emphasis on putting the client’s investment goals and objectives first. This merger will create the first entrepreneurial-minded, industry leading operating platform in self-storage.”

SmartStop will continue to embrace APSM’s entrepreneurial and collaborative approach to third-party management designed to meet the needs of independent storage owners and will be expanding that offering to three distinct partnership options:

1. SmartStop – a traditional SmartStop-branded strategy,
2. SmartStop Legacy – an option in which partners maintain their existing brand, but operate on SmartStop’s website and the SmartStop Platform, and
3. Full Private Label – a fully white label solution that fully preserves the existing brand identity from top to bottom, while running on the SmartStop Platform.

This flexible model empowers storage entrepreneurs to engage with SmartStop on their own terms, while gaining the advantages of SmartStop’s industry-leading technology, that drives operational efficiency, dynamic pricing, and comprehensive marketing. Additionally, SmartStop will offer customized bridge lending opportunities, providing further flexibility and liquidity to its partners. SmartStop’s collaborative approach to third-party management emphasizes independence and flexibility, tailoring solutions to each partner’s goals.

Advisors:

BMO Capital Markets Corp. is acting as SmartStop’s exclusive financial advisor in connection with the transaction. Nelson Mullins Riley & Scarborough LLP is providing legal counsel to SmartStop, and Fennemore Craig, P.C. is providing legal counsel to APSM.

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 24, 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.

About Argus Professional Storage Management (APSM):

Argus Professional Storage Management (APSM) is the second largest exclusively third-party management company in the self-storage industry. APSM manages 227 stores across 26 states (as of September 24, 2025), encompassing approximately 16.6 million rental square feet, 102,000 units. APSM generates more than $150 million of revenue per year for its third-party management stores and annually completes more than $10 million in capital improvements for its clients. Founded in 2012, APSM is headquartered in Tucson, Arizona, with corporate offices in Phoenix, Arizona; Denver, Colorado; and Dallas, Texas.

Caution About Forward-Looking Statements

Certain of the matters discussed in this press release, other than historical facts, constitute forward-looking statements within the meaning of the federal securities laws, and we intend for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in such federal securities laws. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” or other similar words and expressions of the future or otherwise regarding the outlook for APSM’s, SmartStop’s or the combined company’s future businesses and financial performance and/or the performance of the self storage industry and economy in general (or the negative of such terms or other comparable terminology), or by discussions of strategy.

Such forward-looking statements include, but are not limited to, statements about the benefits of the proposed transaction between APSM and SmartStop, including future financial and operating results (including the anticipated impact of the proposed transaction on SmartStop’s FFO as adjusted), statements related to the expected timing of the completion of the proposed transaction, the combined company’s plans, objectives, expectations and intentions, and other statements that are not historical facts.

Forward-looking statements are subject to known and unknown risks and uncertainties that could cause the actual results, performance or achievements of APSM, SmartStop or the combined company to differ materially from those projected or anticipated, including, without limitation: (1) the risk that the cost savings and synergies from the proposed transaction may not be fully realized or may take longer than anticipated to be realized, (2) disruption to APSM’s business and to SmartStop’s business as a result of the announcement and pendency of the proposed transaction, (3) the risk that the integration of APSM’s and SmartStop’s respective businesses and operations will be materially delayed or will be more costly or difficult than expected, including as a result of unexpected factors or events, (4) the amount of the costs, fees, expenses and charges related to the transaction, (5) reputational risk and the reaction of each company’s customers, suppliers, employees or other business partners to the proposed transaction, (6) the failure of the closing conditions in the contribution agreement to be satisfied, or any unexpected delay in closing the proposed transaction or the occurrence of any event, change or other circumstances that could give rise to the termination of the contribution agreement, (7) the dilution caused by the issuance of OP Units in the transaction, (8) the possibility that the proposed transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events, (9) risks related to management and oversight of the expanded business and operations of the combined company following the closing of the proposed transaction, (10) the possibility the combined company is subject to additional regulatory requirements as a result of the proposed transaction or expansion of the combined company’s business operations following the proposed transaction, including, without limitation, potential regulatory approval related to the sale of tenant insurance, (11) the outcome of any legal or regulatory proceedings or governmental inquiries or investigations that may be currently pending or later instituted against APSM, SmartStop or the combined company, and (12) general competitive, economic, political and market conditions and other factors that may affect future results of APSM and SmartStop.

All forward-looking statements are based upon our current expectations and various assumptions relating to APSM, SmartStop or the combined company. Our expectations, beliefs and projections are expressed in good faith, and we believe there is a reasonable basis for them, but there can be no assurance that management’s expectations, beliefs and projections will result or be achieved. In addition, many of the factors referenced above are beyond the ability of APSM, SmartStop or the combined company’s to control or predict. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release and are not intended to be a guarantee of our performance in future periods. We do not intend to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

For further information regarding risks and uncertainties associated with our business, and important factors that could cause our actual results to vary materially from those expressed or implied in such forward-looking statements, please refer to the factors listed and described under the captions “Cautionary Note Regarding Forward-Looking Statements” and the “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024, as supplemented by subsequent documents that we file from time to time with the SEC, including our Form 10-Qs and Form 8-Ks, copies of which may be obtained from our website at investors.smartstopselfstorage.com.

Contacts

David Corak
SVP of Corporate Finance and Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Jason Christley
Director, Marketing & Communications

Argus Professional Storage Management

jasonc@proselfstorage.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 that it has closed its previously announced CAD$200 million aggregate principal amount of Series B Senior Unsecured Notes, due September 24, 2030 (the “Notes”). The Notes were issued by SmartStop’s operating partnership, SmartStop OP, L.P. The Notes bear interest at a rate of approximately 3.888% per annum, payable in cash in equal semiannual installments commencing on March 24, 2026. The Notes are rated BBB mid with a Stable Outlook by Morningstar DBRS.

This Maple Bond marks SmartStop’s second senior unsecured Canadian bond offering, a testament to SmartStop’s long-standing and growing presence in the Canadian market with more than 15 years of experience in the GTA (“Greater Toronto Area”). SmartStop intends to use the net proceeds from the offering to repay outstanding indebtedness, fund acquisitions and for general corporate purposes.

“Coming back to the Maple Bond market is a representation of SmartStop’s ability to be opportunistic, raising capital at an attractive cost and reinforcing our position in this particular space,” said H. Michael Schwartz, Chairman and CEO of SmartStop. “With these bonds, we have completed our FX cash flow hedging strategy for the current portfolio, while further laddering out our debt maturities.”

The Notes were offered on an agency basis by a syndicate of agents that included BMO Capital Markets and National Bank Capital Markets who served as Bookrunners, and Scotia Capital Inc. and RBC Dominion Securities Inc. who served as co-managers. McMillan LLP served as SmartStop’s Canadian Counsel, Nelson Mullins Riley & Scarborough LLP served as Issuer’s United States Counsel, Venable LLP served as SmartStop’s Maryland counsel, and Davies Ward Phillips & Vineberg LLP served as Dealers’ Counsel.

The Notes have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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 25, 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. Additional information regarding SmartStop is available at www.smartstopselfstorage.com

Contacts

David Corak
Senior VP of Corporate Finance and Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

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