CDE unifies project data, workflows, BIM models, and asset information in one trusted environment—creating the foundation for AI agents to amplify the reach of construction teams

• Procore is the solution to fragmented data, helping ensure information integrity from approved design to handover
• Connects the full project lifecycle in one trusted environment with a single source of truth across BIM, Documents, Quality, and Assets
• Transforms BIM into a live execution workspace via BIM Model Manager, streaming models of any size directly to mobile devices to connect real-time project data with 3D coordination
• Leverages Procore AI with embedded Datagrid capabilities to turn project data into an actionable foundation, powering agentic AI coworkers that can help automate construction workflows and execute work directly within the platform

LONDON & CARPINTERIA, Calif.–(BUSINESS WIRE)–Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced the launch of its connected Common Data Environment (CDE)—a purpose-built CDE from the ground up on a single platform to unify and verify project data from approved design to handover, capturing evidence in the flow of work to help keep the digital record aligned with site reality. This trusted data foundation allows agentic AI to act across the full construction lifecycle.

In an industry where fragmented information continues to slow decision-making and contribute to costly delays, connected data is increasingly defining top-performing organizations. New research from Dodge Construction Network* found firms with optimized data practices achieve up to 23% higher productivity, manage 27.8% greater construction volume using the same resources, and reduce project delays by more than six days. Those firms also report up to 40% stronger overall performance, highlighting why a trusted data foundation is becoming essential for AI adoption, operational efficiency, and ultimately, better project execution.

Procore’s connected CDE directly addresses this challenge—transforming document storage into an active governance environment that connects the approved design to site execution across the full project lifecycle—all powered by AI. For European teams operating under ISO 19650 and the Building Safety Act, this connected record helps provide the defensible audit trail required to meet compliance obligations at every stage.

“While construction has made significant progress in digitizing workflows, many organizations still operate across disconnected systems and siloed project data,” said Lee Miles, General Manager, Europe, Middle East and Africa (EMEA) at Procore. “The challenge is no longer simply moving from paper to digital, but ensuring information flows consistently across teams, processes and the full project lifecycle. As regulatory expectations rise, projects become more complex, and firms adopt AI, connected data is becoming a competitive advantage. Organizations are moving beyond simple document storage and toward trusted and connected information environments that help improve performance today and enable agentic AI to operate with confidence.”

Creating the Trusted Environment Required for Agentic AI

Procore’s CDE creates the foundation for AI to move beyond surfacing information and toward executing work.

The expanded Procore AI experience embeds Datagrid directly into Procore, introducing agentic AI coworkers designed to automate construction workflows and take action within the platform. Built to help eliminate administrative friction rather than replace professional judgment, this approach accelerates execution while project teams retain control, accountability, and final decision-making authority. These AI capabilities can reason across project context, understand relationships between workflows and data, and support execution in complex construction environments.

“We’re on track to reduce construction administration work with respect to RFI creation, response, and submittal review by 50%,” said Alain Waha, Chief Technology Officer of Buro Happold. “By embedding AI directly into project workflows, teams can spend less time navigating information and more time advancing the work.”

By connecting AI to structured project datasets—including BIM models, drawings, specifications, RFIs, submittals, and field activity—Procore AI gains a deeper understanding of both spatial and operational context. This enables teams to turn fragmented project information into immediate, actionable insights.

The Procore AI experience with Datagrid intelligence embedded directly into the platform can surface answers already contained within project records before new RFIs are created, identify discrepancies between approved designs and field execution, and accelerate issue resolution by connecting related workflows, documents, and historical project context. Tasks that previously required hours of manual searching and coordination can be completed in minutes, with transparent source attribution.

Unlike horizontal AI tools, Procore AI is purpose-built for construction and grounded in verified project data. When teams encounter coordination challenges, project risks, or emerging safety concerns, Procore AI does more than retrieve information—it helps identify root causes earlier, recommend next actions, and reduce the downstream impacts that drive delays, rework, and cost overruns.

Procore will be showcasing its new CDE and Procore AI offering at Digital Construction Week (stand D200) in London, June 3-4.

Market Availability

Developed specifically for European market requirements, Procore’s CDE will initially launch in the UK and Ireland before expanding across EMEA.

Procore has established a localized UK Data Zone, with a dedicated EU Data Zone planned for launch in fall 2026. The platform supports key industry standards, including ISO 19650 and the Building Safety Act–with Cyber Essentials certification targeted for year end.

*Dodge-Procore Research Methodology

The ‘Quantifying The Value Of Construction Management Software’ study was conducted in 2025 to investigate the return on investment that clients and contractors experience from their use of construction management software. An online survey was used to gather the responses of contractors and clients on whether they experienced 62 specific benefits from their use of the software. Nearly half (45%) of the 62 benefits included a follow-up question on quantifiable outcomes or more detailed findings.

The survey was fielded by Dodge Construction Network. Procore also invited its users to participate. The findings include users of 11 different brands of construction management software. 688 responses were received from construction management software users in the United Kingdom and Ireland.

About Procore

Procore Technologies, Inc. (NYSE: PCOR) is a leading technology partner for every stage of construction. Built for the industry, Procore’s unified technology platform drives efficiency and mitigates risk through AI & data-driven insights and decision making. Over three million projects have run on Procore across 150+ countries. For more information, visit https://www.procore.com/.

Contacts

Media Contact

press@procore.com

LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Trust VI, Inc. (“SST VI” or the “Company”), a publicly registered non-listed real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), in partnership with SmartCentres (TSX: SRU.UN), is pleased to announce the opening of its second self-storage facility in the Greater Montréal Area.

Located at 5500 Rue Notre-Dame Ouest in Montréal, Québec, the facility occupies a highly visible corner site approximately three miles from downtown Montréal, with convenient access to Autoroute 15 and Route 136. Positioned along a major urban corridor with approximately 100,000 vehicles passing daily, the property serves a dense and growing trade area characterized by strong urban demographics, a high concentration of rental households, and long-term demand drivers within a three-mile radius.

The Class A, five-story facility offers approximately 124,000 net rentable square feet and approximately 1,450 climate-controlled storage units. Purpose-built to deliver a modern customer experience, the facility features three elevators and premium amenities designed to meet the evolving needs of residential and commercial customers alike.

Strategically located within Montréal’s urban core, the facility is positioned to serve a broad and diverse customer base spanning high-density residential communities, established rental markets, and growing mixed-use neighborhoods across the city. The facility is well-positioned to serve surrounding communities, including Saint-Henri, Little Burgundy, Griffintown, Pointe-Saint-Charles, Ville-Émard, Verdun, West Island, Westmount and Downtown Montréal.

“We are excited to further expand our presence in Montréal with the opening of our second facility in the market,” said H. Michael Schwartz, President and CEO of SST VI. “This facility represents more than simply adding another location. It immediately strengthens our market presence and advances our strategy of building in high-demand urban markets. Montréal continues to demonstrate attractive long-term fundamentals driven by density, strong demographics, and barriers to new supply. As we continue to grow across North America, we remain focused on creating high-quality assets and delivering a secure, convenient and customer-focused storage experience in the communities we serve.”

About Strategic Storage Trust VI, Inc. (SST VI):

SST VI is a public non-traded REIT that elected to qualify as a REIT for federal income tax purposes. SST VI’s primary investment strategy is to invest in income-producing and growth self-storage facilities and related self-storage real estate investments in the United States and Canada. As of May 28, 2026, SST VI owned 25 operating self-storage properties of which 13 are located in seven states (Arizona, Delaware, Florida, Nevada, Oregon, Pennsylvania and Washington) comprising approximately 9,015 units and 1,079,395 rentable square feet (including parking) and 12 properties located in three Canadian provinces (Alberta, British Columbia and Ontario) comprising approximately 11,185 units and 1,158,015 rentable square feet (including parking) in addition to joint venture interests in five operational properties in two Canadian provinces (Ontario and Québec) and one wholly owned development property in Florida.

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 1,000 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 and, through its Managed Platform, offers third-party management services in the U.S. and Canada. As of May 28, 2026, SmartStop has an owned or managed portfolio of approximately 460 operating properties in 35 states, Washington, D.C., and Canada, comprising over 270,000 units and more than 35 million rentable square feet. SmartStop and its affiliates own or manage 51 operating self-storage properties across four provinces in Canada, which total approximately 45,000 units and 4.5 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

Investor Relations Contact:
David Corak

Senior VP of Corporate Finance and Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Media Relations Contact:
Spotlight Marketing Communications

949-427-1391

Julie@spotlightmarcom.com

The recognition underscores consistent trust across Cintas’ business

CINCINNATI–(BUSINESS WIRE)–Cintas Corporation (Nasdaq: CTAS) is proud to have earned a spot on Newsweek’s Most Trustworthy Companies in America 2026 list.

“Trust is foundational to how we operate at Cintas and to the relationships we build with our customers, employee‑partners and shareholders,” said Todd Schneider, President and CEO of Cintas. “Being recognized by Newsweek as one of America’s Most Trustworthy Companies is meaningful because it reflects the consistent way our teams show up every day to deliver on our commitments and care for the people and businesses we serve.”

The evaluation took into consideration trust from customers, investors and employee-partners. To compile the list, researchers analyzed surveys from 25,000 U.S. residents who rated companies they were familiar with across three dimensions of trust. Next, researchers conducted a social listening analysis across various media segments to determine companies’ public sentiment.

In the past year, Cintas has received two trust‑focused recognitions from Newsweek, reflecting sustained confidence from customers, employee‑partners and investors. Recent wins include:

• Most Trustworthy Companies in America 2025
• World’s Most Trustworthy Companies 2025

About Cintas Corporation

Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers’ facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor’s 500 Index and Nasdaq-100 Index.

Contacts

Cintas Media Contact:
Michelle Goret, Cintas Vice President of Corporate Affairs | media@cintas.com, 513-972-4155

  The Ownright Operators Report Finds That Economic Uncertainty, Not Interest Rates or Affordability, Is the Defining Force Behind Buyer and Seller Hesitation in Canada’s Housing Market

TORONTO–(BUSINESS WIRE)–A new report from Ownright, Ontario’s trusted company for closing real estate transactions, finds that Canada’s housing market is defined by hesitation as buyers and sellers delay decisions amid economic uncertainty.

The Ownright Operators Report, based on responses from more than 1,000 real estate professionals across Canada, examines how economic uncertainty is impacting deal activity and how the real estate industry is adapting to consumer sentiment.

The findings show a clear shift away from the fast-moving, pandemic-era market:

• 67% of professionals say clients are more risk-averse than they were pre-2022
• 40% cite broader economic uncertainty — such as recession fears — as the primary driver of hesitation, compared to employment or income stability (17%) and interest rates (15%)
• Nearly one in four professionals (23%) say U.S. political or economic instability frequently impacts transactions, while 69% say it plays a role at least occasionally

“During the pandemic, people felt pressure to move quickly because they were worried prices would keep rising or rates would change overnight. That urgency is gone,” says Joel Fox, co-founder and COO of Ownright. “Even as prices decrease in some markets, buyers are taking more time, asking more questions, and trying to understand where the economy is headed before making a major financial decision. Uncertainty itself has become a market force.”

How are real estate professionals advising clients in today’s market?

In an uncertain market, the safest advice is also the most telling: stability over upside.

41% recommend fixed-rate mortgages, compared to 30% who would recommend variable rates, indicating a preference for stability in an uncertain environment.

Looking ahead, sentiment on the market remains mixed. 43% of professionals say they are confident the market will rebound in the next 12 months, while 25% are pessimistic and 28% remain neutral, highlighting the industry’s fragmented perception.

The divide in outlook reflects just how much the real estate landscape has changed: in a market where confidence used to be a given, nearly half the industry is hedging its bets. Until there’s a clearer signal on the economy, these fractures are likely to persist.

What’s causing failed transactions in 2026?

Closing deals is becoming more complex for real estate professionals, with 34% saying financing failure is the leading cause of collapsed transactions.

Both behavioural and financial factors are slowing down timelines: client indecision is the top cause of transaction delays (38%), followed by financing and mortgage approvals (28%). More broadly, 38% say more deals are collapsing due to financing issues compared to two years ago.

The combination of indecision and financing challenges is a compounding problem. When buyers wait longer to commit, conditions change and financing windows close, turning hesitation into a deal risk of its own.

The hidden pressures facing Canadian real estate professionals

Beyond market conditions, real estate professionals point to increasing operational strain in their work.

More than half (56%) of professionals say compliance or administrative demands reduce the time they can spend with clients. However, these pressures are impacting day-to-day operations more than earnings, with only 10% reporting lost income as a result.

The findings do point to concerns about long-term sustainability in the industry: 30% say they have considered leaving the industry due to regulatory or administrative burdens.

Losing nearly a third of the industry to burnout shows a structural problem. As transactions become more complex and client demands increase, the administrative load that hasn’t kept pace with modern tools impacts capacity.

How AI is impacting real estate

In response to these pressures, professionals are increasingly turning to new tools.

Six in 10 (60%) say they are using or testing AI-enabled tools, reflecting strong interest in the technology across the industry. However, 28% believe the real estate transaction system is outdated, suggesting that while there’s an openness to tech adoption, it has not yet translated into widespread structural change.

Adoption is outpacing transformation. Professionals are reaching for new tools, but the underlying infrastructure of how deals get done has been slow to follow. The technology is there — the question is whether the industry is ready to build around it.

About Ownright

Ownright is Ontario’s trusted law service for real estate transactions, designed to simplify home transactions through seamless automation, expert legal guidance, and a client-first approach. With thousands of transactions completed and over $1 billion in total transaction value, Ownright is the trusted legal partner for homebuyers, sellers, and real estate professionals across Ontario.

About the Ownright Operators Report

The Ownright Operators Report is a bi-annual poll of real estate professionals across Canada, designed to capture how transactions are unfolding on the ground—from buyer behaviour and financing challenges to administrative complexity and technology adoption.

Methodology

This survey was conducted by Ownright, Ontario’s trusted law service for real estate transactions, between March 27, 2026 and April 29, 2026. The results are based on responses from 1,015 real estate professionals across Canada (excluding Quebec), including sales representatives, brokerage managers/administrators, and brokerage owners.

Contacts

MEDIA CONTACT
Jessica Galang

Senior Account Executive

jessica@categorycomms.com

New locations in Calgary, Laval and Richmond, offer consumers a more immersive retail experience

MISSISSAUGA, Ontario–(BUSINESS WIRE)–Samsung Canada today announced the continued expansion of its national retail footprint with the upcoming openings of three new Samsung Experience Stores located at CF Market Mall in Calgary, CF Carrefour Laval in Laval Quebec and CF Richmond Centre in Richmond, British Columbia. The expansion marks the latest phase of Samsung Canada’s evolving retail strategy, focused on deepening in-person connections with consumers across Canada.

The new locations will open in three of the country’s top-performing shopping centres. According to ICSC’s 2024 Canadian Mall Property Performance rankings¹, CF Richmond Centre ranks as the fourth most productive mall in Canada, CF Carrefour Laval ranks tenth nationally and first in Quebec, and CF Market Mall ranks fourteenth nationally.

As Canadians increasingly look for hands-on ways to explore AI-powered and connected technologies, Samsung continues to invest in physical retail spaces that combine product discovery and personalized service.

“As technology becomes more intelligent, connected, and integrated into everyday life, consumers are increasingly looking for ways to experience these innovations firsthand,” said Krista Collinson, Head of Direct-to-Consumer Division, Samsung Electronics Canada. “These new locations reflect our continued investment in Canada and our belief that physical retail plays an important role in helping consumers discover the full potential of AI-powered technology.”

The three new stores build on Samsung Canada’s growing national retail network, which currently includes flagship Samsung Experience Store locations at Yorkdale Shopping Centre, Sherway Gardens, Montreal Eaton Centre, Scarborough Town Centre, Metropolis at Metrotown, and Square One Shopping Centre. The CF Market Mall location will also mark Samsung’s first Samsung Experience Store in Alberta, further expanding the company’s presence in Western Canada.

Each new location was strategically selected, based on where consumers are shopping, browsing and engaging in, high-performing shopping environments, with premium brands that reflect Samsung’s premium brand positioning.

Visitors to the new Samsung Experience Stores will be able to explore Samsung’s latest Galaxy AI features, mobile devices, wearables, tablets, PCs, and connected technologies.

Customers will also have access to Samsung Care+ services, on-site technical support, device troubleshooting, and convenient shopping options including buy online, pick up in-store capabilities and extended aisle access to Samsung products.

Additional details, including opening dates and grand opening celebrations for each location, will be announced in the coming months.

About Samsung Electronics Canada Inc.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, digital signage, smartphones, wearables, tablets, home appliances and network systems, as well as memory, system LSI and foundry. Samsung is also advancing medical imaging technologies, HVAC solutions and robotics, while creating innovative automotive and audio products through Harman. With its SmartThings ecosystem, open collaboration with partners, and integration of AI across its portfolio, Samsung delivers a seamless and intelligent connected experience.

¹ This data is based on participating companies and does not represent all shopping centres, regional malls and super-regional malls in Canada. The participants include: BentallGreenOak, Cadillac Fairview, Ivanhoé Cambridge/JLL, Morguard Corporation, Oxford Properties Group, Primaris, Cushman & Wakefield, Colliers, Salthill Capital, Westcliff, Nicola Institutional Realty Advisors, QuadReal Property Group. © 2025 by ICSC, 1251 Avenue of the Americas, New York, NY 10020.

Contacts

juan.guerrero@edelman.com
416 875 71 73

TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), today confirmed that the Board of Trustees has established a special committee of independent trustees (the “Special Committee”) in response to an unsolicited proposal (the “Proposal”) received from affiliates of Slate Asset Management, the external manager of the REIT (the “Manager”).

The Special Committee has a broad mandate to consider and evaluate a broad range of strategic alternatives, including, but not limited to, a sale of the REIT. At this point, the Special Committee has determined to initiate a formal process to solicit proposals from third parties.

“The Committee recognizes that the value of the underlying portfolio may not be fully reflected in the public markets, and as such, we are evaluating various alternatives ranging from initiatives under the status quo, to a whole company sale,” said Marc Rouleau, Chair of the Special Committee. “We are focused on finding a path that maximizes value for all unitholders”, said Andrea Stephen, Chair of the Board.

The Special Committee has retained Evercore as its exclusive financial advisor and Fasken Martineau DuMoulin LLP and Sidley Austin LLP as its independent legal counsel. The Special Committee has also engaged Raider Hill Advisors, L.L.C. as its exclusive special real estate advisor.

No unitholder action is required at this time. There can be no assurance that the Special Committee’s process will result in any transaction or other strategic outcome.

The Special Committee does not intend to provide further comment regarding the status of the Special Committee’s process unless and until it determines that further disclosure is appropriate or required in accordance with applicable securities laws.

About Slate Grocery REIT (TSX: SGR.U / SGR.UN)

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants are expected to provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

Contacts

For Further Information

Media:
Riyaz Lalani/Dan Gagnier

Gagnier Communications

Slate@gagnierfc.com

TORONTO–(BUSINESS WIRE)–Granite Real Estate Investment Trust (TSX: GRT.UN) (“Granite REIT” or “Granite”) today announced the acceptance by the Toronto Stock Exchange (the “TSX”) of Granite’s Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”). Pursuant to the NCIB, Granite proposes to purchase through the facilities of the TSX and any alternative trading system in Canada, from time to time over the next 12 months, if considered advisable, up to an aggregate of 6,038,313 of Granite REIT’s issued and outstanding units (the “Units”), being approximately 10% of Granite REIT’s public float of Units as of May 20, 2026. Pursuant to a previous notice of intention to conduct a NCIB, under which Granite REIT sought and received approval from the TSX to purchase up to 6,060,162 Units for the period of May 26, 2025 to May 25, 2026, Granite REIT has purchased, as of May 20, 2026, 237,536 Units on the open market at a weighted average purchase price of $69.2167 per Unit. As of May 20, 2026, Granite REIT had 60,713,130 Units issued and outstanding and a public float of 60,383,131 Units.

The NCIB will commence on May 26, 2026 and will conclude on the earlier of the date on which purchases under the bid have been completed and May 25, 2027. Daily purchases made by Granite through the TSX may not exceed 25,625 Units, being 25% of the average daily trading volume of 102,501 Units on the TSX for the six-month period ended April 30, 2026. These daily maximums are subject to certain exceptions prescribed by the TSX, including the “block purchase exemption”.

Granite REIT intends to enter into an automatic securities purchase plan with a broker as of the date on which the NCIB commences in order to facilitate repurchases of the Units under the NCIB during Granite REIT’s scheduled blackout periods. Under the automatic securities purchase plan, Granite REIT’s broker may repurchase Units under the NCIB in accordance with any advance instructions that Granite REIT may elect to deliver, including without limitation repurchases made at times when Granite REIT would ordinarily not be permitted to repurchase Units due to regulatory restrictions or self-imposed blackout periods. Purchases will be made by Granite REIT’s broker based upon the parameters under the NCIB and the terms of the parties’ written agreement.

The Board of Trustees of Granite REIT believe that the potential purchases at prices below Granite REIT’s view of intrinsic value are in the best interests of Granite REIT and are a desirable use of Granite REIT’s liquidity. All Units that are purchased under the NCIB will be cancelled.

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 145 investment properties representing approximately 61.5 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’ Systems for Electronic Data Analysis and Retrieval+ (SEDAR+) which can be accessed at www.sedarplus.ca. 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.

FORWARD LOOKING INFORMATION

This press release may contain statements that, to the extent they are not recitations of historical fact, constitute “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding Granite REIT’s future distributions, Unit repurchases, plans, goals, strategies, intentions, beliefs, estimates, costs, objectives, economic performance, expectations, or foresight or the assumptions underlying any of the foregoing. Words such as ‘‘may’’, ‘‘would’’, ‘‘could’’, ‘‘will’’, ‘‘likely’’, ‘‘expect’’, ‘‘anticipate’’, ‘‘believe’’, ‘‘intend’’, ‘‘plan’’, ‘‘forecast’’, ‘‘project’’, ‘‘estimate’’, “seek”, “objective” and similar expressions are used to identify forward-looking information. Forward-looking information should not be read as guarantees of future Unit repurchases, events, performance or results and will not necessarily be accurate indications of whether or the times at or by which such future Unit repurchases, events or performance will be achieved. Undue reliance should not be placed on such statements. Forward-looking information is based on information available at the time and/or management’s good faith assumptions and analyses made in light of its perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances, and are subject to known and unknown risks, uncertainties and other unpredictable factors, many of which are beyond Granite REIT’s control, that could cause actual events or results to differ materially from such forward-looking information. Important factors that could cause such differences include, but are not limited to, the risks set forth under “Risks and Uncertainties” in Granite’s Management’s Discussion and Analysis for the quarter ended March 31, 2026 filed on May 6, 2026 and in the annual information form of Granite REIT dated February 25, 2026 (the “Annual Information Form”). The “Risk Factors” section of the Annual Information Form also contains information about the material factors or assumptions underlying such forward-looking information. Forward-looking information speaks only as of the date the statements and information were made and unless otherwise required by applicable securities laws, Granite REIT expressly disclaims any intention and undertakes no obligation to update or revise any forward-looking information contained in this press release to reflect subsequent information, events or circumstances or otherwise.

Contacts

Teresa Neto, Chief Financial Officer

647-925-7560

Andrea Sanelli, Senior Director, Legal & Investor Services

647-925-7504

TORONTO–(BUSINESS WIRE)–$SRU.UN #CapitalMarkets–SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of May 2026 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on June 15, 2026 to unitholders of record as at May 29, 2026.

About SmartCentres

SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 200 strategically located properties in communities across the country. SmartCentres has approximately $12.3 billion in assets consisting of income producing value-oriented retail, purpose-built rental, first-class office and self-storage properties. SmartCentres owns 35.5 million square feet of leasable space with 97.6% in place and committed occupancy, on 3,500 acres of owned land across Canada.

Contacts

For more information, visit www.smartcentres.com or please contact:

Mitchell Goldhar

Executive Chairman and CEO

(905) 326-6400 ext. 7674

mgoldhar@smartcentres.com

Peter Slan

Chief Financial Officer

(905) 326-6400 ext. 7571

pslan@smartcentres.com

TORONTO–(BUSINESS WIRE)–$KNR #buildings—Kontrol Technologies Corp. (CBOE.CA:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol Technologies” or “Kontrol” or “Company”) announces its results for the three months ended March 31, 2026. A complete set of the Financial Statements and Management’s Discussion & Analysis have been filed on SEDAR (www.sedarplus.ca).

First Quarter 2026 Highlights

• Revenues for the three months ended March 31, 2026 were $1.3 million, compared to $1.5 million for the same quarter in the prior year.
• Gross margin for the three months ended March 31, 2026 was 58%, compared to 54% for the same quarter in the prior year.
• Adjusted EBITDA for the three months ended March 31, 2026 was negative $(133,363) compared to $(228,521) for the same quarter in the prior year.
• Net loss for the three months ended March 31, 2026 was $432,617 compared to net loss of $1.1 million for the same quarter in the prior year. Q1 2026 net loss includes unrealized loss on revaluation of marketable securities.
• As at March 31, 2026 the Company’s aggregate cash and marketable securities balance was $7.6 million.
• As at March 31, 2026 the Company had no outstanding interest-bearing bank debt.

Q1 2026 Financial Summary

Financial Results		Three months ended
(Unaudited)		March 31, 2026		March 31, 2025
Revenue		$1,296,862		$1,493,383
Gross profit		$749,956		$807,804
Net loss		$(432,617)		$(1,145,833)
Basic and diluted EPS		$(0.01)		$(0.02)
Add/Deduct for Adjusted EBITDA:
Amortization and depreciation		$190,558		$156,052
Net finance income		$(23,776)		$(30,208)
Revaluation of marketable securities		$132,472		$742,995
Share based compensation		–		$48,473
Adjusted EBITDA		$(133,363)		$(228,521)

Adjusted EBITDA is a non-International Financial Reporting Standards (“IFRS”) measure used by management that is not defined by IFRS. Adjusted EBITDA does not have a standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other issuers. Management believes that Adjusted EBITDA provides meaningful and useful financial information as these measures demonstrate the operating performance of the business excluding non-cash charges.

“Adjusted EBITDA” is calculated as net income or loss before interest, income taxes, amortization, and depreciation, share based compensation, acquisition related expenses, listing expense, gain or loss on sale of assets, revaluation and impairment of assets.

Readers are cautioned that Adjusted EBITDA should not be construed as an alternative to net income as determined under IFRS; nor as an indicator of financial performance as determined by IFRS; nor a calculation of cash flow from operating activities as determined under IFRS; nor as a measure of liquidity and cash flow under IFRS. The Company’s method of calculating Adjusted EBITDA may differ from methods used by other companies and, accordingly, the Company’s Adjusted EBITDA may not be comparable to similar measures used by any other company.

Kontrol Technologies Corp.

Kontrol Technologies Corp. is a leader in smart buildings and energy efficiency solutions. Through a combination of technology-driven services and strategic acquisitions, Kontrol delivers integrated solutions that reduce energy consumption, lower carbon emissions, and enhance building performance for commercial and residential properties across Canada. Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

Neither CIRO nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company’s product and service offering as expected; and government and regulatory factors impacting the energy conservation industry.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

Contacts

Paul Ghezzi, Chief Executive Officer

Kontrol Technologies Corp.

www.kontrolcorp.com
(905) 766.0400

LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), announced that it was recognized by Robert A. Stanger & Co., Inc. (“Stanger”) as the top performing Lifecycle REIT over a three-year period as of March 31, 2026. SST VI achieved a total return of approximately 13.0% as published in the Q1 2026 Non-Listed REIT edition of the Stanger Report.

“We are proud of the continued growth and performance of our platform and the value we strive to deliver to our stockholders through a disciplined investment and operational strategy,” said H. Michael Schwartz, President and CEO of SST VI. “We believe this recognition reflects the strength and resilience of the self-storage sector, the quality of our portfolio and the dedication of our team across the organization. During the pandemic-era boom, when much of the sector was characterized by aggressive development assumptions and compressed valuations, we focused on strategically positioning our portfolio — targeting underserved growth markets in the U.S. and expanding into Canada through our sponsor’s platform. Being recognized as a top performer among Lifecycle REITs reinforces our long-term approach to building a high-quality platform focused on operational excellence and sustained value creation for investors.”

Robert A. Stanger & Co., Inc. (“Stanger”) tracks the performance of non-traded REITs, including publicly registered and private placement Net Asset Value (“NAV”) REITs and Lifecycle REITs, through its quarterly total return indices and performance rankings. The information included in this press release is based on industry data published by Stanger and reported by AltsWire in May 2026. For more information, visit Robert A. Stanger & Co., Inc. (https://www.rastanger.com/).

About Strategic Storage Trust VI, Inc. (SST VI):

SST VI is a public non-traded REIT that elected to qualify as a REIT for federal income tax purposes. SST VI’s primary investment strategy is to invest in income-producing and growth self-storage facilities and related self-storage real estate investments in the United States and Canada. As of May 14, 2026, SST VI has a portfolio of 13 operating properties in the United States comprising approximately 9,015 units and 1,079,395 rentable square feet (including parking); 12 properties with approximately 11,185 units and 1,158,015 rentable square feet (including parking) in Canada, joint venture interests in four operational and one development property in two Canadian provinces (Ontario and Québec) and one wholly owned development property in Florida.

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 1,000 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 and, through its Managed Platform, offers third-party management services in the U.S. and Canada. As of May 14, 2026, SmartStop has an owned or managed portfolio of nearly 460 operating properties in 35 states, Washington, D.C., and Canada, comprising over 270,000 units and more than 35 million rentable square feet. SmartStop and its affiliates own or manage 50 operating self-storage properties across four provinces in Canada, which total approximately 43,400 units and 4.3 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

Media Relations Contact:
Spotlight Marketing Communications

949-427-1391

Julie@spotlightmarcom.com

Not for distribution to U.S. News Wire Services or dissemination in the United States.

TORONTO–(BUSINESS WIRE)–#ChoiceProperties–Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of May, 2026 of $0.065 per trust unit, representing $0.78 per trust unit on an annualized basis, payable on June 15, 2026 to Unitholders of record at the close of business on May 29, 2026.

About Choice Properties Real Estate Investment Trust

Choice Properties is Canada’s largest real estate investment trust, guided by a clear purpose: to create places where people thrive. This is how we build enduring value. As a national owner, operator, and developer of high-quality commercial and residential real estate, we go beyond managing assets. We create places that strengthen how tenants and communities live, work, and connect. Our platform is built on industry leadership in sustainability, community engagement, and social impact, embedded across how we operate, build, and grow. As a trusted steward of capital, we are committed to disciplined execution, long-term value creation, and responsible growth. Everything we do is guided by our core values of 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 further information:

Erin Johnston

Chief Financial Officer

Choice Properties REIT

(647) 294-8724

Erin.Johnston@choicereit.ca

Survey shows most agents rely on relationships over paid marketing to generate new business

MIAMI–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a leading real estate technology platform redefining the industry through innovation and culture, today released results from its April 2026 Agent Survey. The findings reinforce a consistent trend seen across prior Real surveys: repeat clients and referrals remain the dominant lead source for most agents, ahead of paid and digital lead generation channels.

Agents also reported a rebound in optimism following March’s decline, while transaction activity continued to stabilize modestly despite ongoing affordability challenges.

“Technology continues to change how agents market themselves, but real estate is still fundamentally a relationship business,” said Jason Cassity, Chief Growth Officer of Real. “Across multiple surveys, we continue to see referrals and repeat clients outperform nearly every other lead source, even as agents increase their use of digital marketing tools.”

Key Survey Findings: Market Trends and Insights

• Agent Optimism Rebounds Following March Pullback: Real’s Agent Optimism Index, which measures agents’ 12-month forward outlook, increased to 64.0 in April from 62.0 in March. The index remains comfortably above the 50 threshold that signals a net positive outlook. Fifty-five percent (55%) of agents reported feeling more optimistic than the prior month, including 13% who described themselves as significantly more optimistic.
• Transaction Activity Shows Modest Improvement: Real’s Transaction Growth Index, which tracks home sales activity reported by agents within their local markets, increased slightly to 50.6 in April from 50.3 in March. While 33% of agents reported fewer transactions compared to April 2025, another 33% saw a year-over-year increase, and 34% reported stable activity.
  
  Note: This index reflects agents’ perceptions of local market trends and is not indicative of Real’s company-specific transaction volume. Index scores are weighted on a 0-100 point scale, with scores above 50 indicating year-over-year growth and below 50 signaling a decline.
• Buyer-Friendly Conditions Persist: Forty-one percent (41%) of agents said their local market favors buyers, largely consistent with 40% in March. Meanwhile, 26% reported seller-favorable conditions, while 33% described their market as balanced.
• Affordability Remains the Biggest Challenge for Buyers: Affordability remained the top challenge for buyers in April, cited by 45% of agents, consistent with March. Economic uncertainty followed at 28%, while inventory concerns rose slightly to 17%.

Key Survey Findings: Lead Generation and Marketing Trends

• Most Agents Continue to Operate with Lean Marketing Budgets: Despite the growing number of marketing tools and platforms available to agents, most respondents reported relatively modest marketing budgets for 2026. Seventy-five percent (75%) of agents said that they will spend less than $10,000 on marketing and lead generation this year, including 40% who plan to spend $2,500 or less.
• Referrals and Repeat Clients Remain the Dominant Lead Source.
  • When asked which lead generation strategy delivers the best results for their business, 60% of agents identified referrals and repeat clients as their most effective source of business. Nearly 60% of agents also reported that at least half of their overall business comes from referrals and repeat clients.
  • By comparison, only 17% of agents identified social media as their most effective lead source, while just 8% pointed to online lead portals. Other lead generation strategies, including geofarming and pay-per-click advertising, typically accounted for 10% or less of business volume for most agents surveyed.
• The findings are broadly consistent with prior Real surveys and suggest that, despite the growing number of digital marketing tools available to agents, referrals and repeat clients remain the primary drivers of new business across the industry.

A full summary of these results can be found on Real’s investor relations website at https://investors.onereal.com/.

About the Survey

The Real Brokerage April 2026 Agent Survey included responses from 569 real estate agents across the United States and Canada and was conducted between April 24, 2026 and May 6, 2026. Responses to questions regarding transaction growth and agent optimism were calibrated on a 0-100 point index scale, with readings above 50 indicating an improving trend, whereas readings below 50 indicate a declining trend. Responses are meant to capture industry-level information and are not meant to serve as an indication of Real’s company-specific growth trends. Additionally, given the smaller sample size, there can be greater variability in Canada index results on a month-to-month basis.

About Real

Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence in all 50 states throughout the U.S. and Canada, Real supports over 33,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses.

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding the residential real estate market in the U.S. and Canada.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to expectations regarding market conditions. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets and economic and industry downturns, and those risk factors discussed under the heading “Risk Factors” in the Company’s Annual Information Form dated March 4, 2026, and “Risks and Uncertainties” in the Company’s Quarterly Management’s Discussion and Analysis for the period ended March 31, 2026, copies of which are available under the Company’s SEDAR+ profile at www.sedarplus.ca. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Contacts

Investor inquiries, please contact:

Loren Irwin

Director, Investor Relations and Financial Reporting

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

press@therealbrokerage.com
201.564.4221