TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that each of the trustee nominees listed in the management information circular of Primaris dated April 1, 2024 (the “Circular”) were elected as trustees of the Trust at the annual general meeting of unitholders held May 2, 2024 (the “Meeting”). Voting results for the individual trustees of the Trust are as follows:

	Number of Units Voted For	Percentage of Units Voted For		Number of Units Withheld for Voting	Percentage of Units Withheld from Voting
Avtar Bains	68,348,296	99.83	%	117,717	0.17	%
Anne Fitzgerald	67,198,138	98.15	%	1,267,793	1.85	%
Louis Forbes	67,534,041	98.64	%	931,890	1.36	%
Timothy Pire	67,594,041	98.73	%	871,972	1.27	%
Alex Avery	68,405,572	99.91	%	60,441	0.09	%
Deborah Weinswig	67,851,645	99.10	%	614,286	0.90	%

In addition, Primaris is pleased to announce that a non-binding advisory resolution on the Trust’s approach to executive compensation, as set out in the Circular, was approved by 98.04% of the votes and the resolution to re-appoint KPMG LLP as the auditors of the Trust for the ensuing year and authorizing the trustees to fix the remuneration to be paid to the auditors was approved by 99.91% of the votes.

As well, Primaris is pleased to announce the appointment of Mr. Pire to the Investment Committee of the Board to replace Mr. Sullivan who did not stand for re-election at the Meeting. As a result of the appointment, every member of a committee of the Board is now independent.

About Primaris Real Estate Investment Trust

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

For more information: TSX: PMZ.UN www.primarisreit.com www.sedarplus.ca

Contacts

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Claire Mahaney

VP, Investor Relations & ESG

647-949-3093

cmahaney@primarisreit.com

Timothy Pire

Chair of the Board

chair@primarisreit.com

MUNICH & ATLANTA–(BUSINESS WIRE)–#SAMBA—TÜV SÜD announces the acquisition of the Sustainable Investment Group, LLC (SIG) and Green Building Education Systems, LLC (GBES). The international provider for testing and certification further expands its services and market presence in the field of sustainable buildings. SIG and GBES are based in Atlanta, USA.

TÜV SÜD is one of the leading service providers for Testing, Inspection and Certification (TIC) worldwide. In the Real Estate and Infrastructure Division, the company offers comprehensive services for the entire life cycle of real estate. In recent years, TÜV SÜD has continuously expanded its services for sustainable buildings. With the strategic acquisition of the Sustainable Investment Group (SIG) and Green Building Education Systems (GBES), TÜV SÜD completes its range of services for sustainability certifications according to international standards and also strengthens its presence in the important US market.

SIG and GBES offer services and training for sustainable real estate in new and existing buildings, focusing the internationally recognized LEED standard. Together, the two companies have around 50 employees. SIG is a leading provider of sustainability solutions for the entire real estate industry. These include consulting services for sustainability standards such as LEED or BREEAM, ESG reporting and sustainable finance consulting. GBES is a leading provider of online training for exam prep and continuing education in the green building sector, with a focus on courses for the LEED standard and other recognized standards such as WELL or Fitwel.

“The strategic acquisition of SIG and GBES enables us to offer our customers the best services in line with all global and many local sustainability standards and also to further our role in educating the building industry. This is a pivotal step towards establishing a global green building association with a far-reaching network of auditors,” said Joachim Birnthaler, CEO of TÜV SÜD’s Real Estate and Infrastructure Division.

“With the integration of SIG and GBES, we are expanding our sustainability services for the US market in a targeted way. This will help us to better support our customers in achieving their sustainability goals and meeting regulatory requirements,” said Dr. Fabian Schober, CEO of TÜV SÜD America.

“Our integration with TÜV SÜD is not just about growing bigger, it´s about growing better. We will continue to innovate and expand our impact in the sustainability sector, driven by our dedication to our customers and our values,” said Charlie Cichetti, CEO of SIG and GBES.

For more information on TÜV SÜD’s real estate services, visit www.tuvsud.com/real-estate.

Founded in 1866 as a steam boiler inspection association, the TÜV SÜD Group has evolved into a global enterprise. More than 26,000 employees work at over 1.000 locations in about 50 countries to continually improve technology, systems and expertise. They contribute significantly to making technical innovations such as Industry 4.0, autonomous driving and renewable energy safe and reliable. tuvsud.com

Contacts

Media Relations:

Dr Thomas Oberst

Office +49 89 5791-2372

Mobile +49 160 3602385

E-Mail thomas.oberst@tuvsud.com
Internet tuvsud.com/newsroom 

https://www.tuvsud.com/en/press-and-media

TÜV SÜD AG

Corporate Communications

Westendstr. 199

80686 Munich, Germany

TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that each of the trustee nominees listed in the management information circular of the REIT dated March 19, 2024 were elected as trustees of the REIT at its annual meeting of the holders (“Unitholders”) of class A units, class I units, class U units and special voting units of the REIT held on May 1, 2024 (the “AGM”). Voting results for the individual trustees are as follows:

Name of Nominee		Voted For	%	Voted Withheld	%
Colum Bastable		15,240,245	93.92	986,841	6.08
Christopher Chee		15,213,953	93.76	1,013,133	6.24
Patrick Flatley		15,219,196	93.79	1,007,890	6.21
Marc Rouleau		12,185,672	75.50	3,953,942	24.50
Andrea Stephen		15,246,013	93.95	981,073	6.05
Mary Vitug		15,240,707	93.92	986,379	6.08
Blair Welch		15,192,189	93.62	1,034,897	6.38
Brady Welch		15,198,435	93.66	1,028,651	6.34

The resolution to re-appoint Deloitte LLP as the auditors of the REIT for the ensuing year and to authorize the trustees to fix the remuneration to be paid by the auditors was approved by 79.76% of the votes.

Final results on all matters voted upon at the AGM will be filed with the Canadian securities regulatory authorities and will be available on the REIT’s SEDAR profile at www.sedar.com.

Q1 2024 Earnings Call Transcript and Investor Update

Slate Grocery REIT’s Q1 2024 earnings call transcript and investor update are now available on the REIT’s website and can be accessed by visiting the following links:

• Slate Grocery REIT – Q1 2024 earnings call transcript
• Slate Grocery REIT – Q1 2024 investor update

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 approximately U.S. $2.4 billion of 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 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.

About Slate Asset Management
Slate Asset Management is a global alternative investment platform. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform focuses on four areas of real assets, including real estate equity, real estate credit, real estate securities, and infrastructure. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

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.

SGR-FR

Contacts

For Further Information

Investor Relations

+1 416 644 4264

ir@slateam.com

With $665 million in 2023 home sales, Village Premier Collection joins under Real’s Private Label Program

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced that Village Premier Collection, the nation’s largest minority and woman-owned independent brokerage, has joined the company under its recently launched Private Label program. Based in Atlanta, Village Premier brings $665 million in annual home sales across six states and the District of Columbia.

An accomplished entrepreneur, coach, speaker, author and U.S. Air Force veteran, Cheri Benjamin began her real estate career in 2000. She was hired as Village Premier’s first agent in 2013, and ultimately acquired the brokerage in 2019. Under her leadership the brokerage has grown rapidly over the past five years. Real’s Private Label program offers independent brokerages like Village Premier the ability to benefit from Real’s tech-first, entrepreneur-centric platform while maintaining and continuing to invest in their own brand.

“I’ve known and admired Cheri for many years, and I couldn’t be more excited that she sees the value of aligning Village Premier with Real. Her values and business approach mesh seamlessly with Real so this couldn’t be a better fit,” Real President Sharran Srivatsaa said. “The Private Label program was designed for brokerages like Village Premier Collection that have built successful businesses on their own, but that will benefit from the resources of a larger platform. I’m excited to welcome Village Premier to Real and look forward to a long and beneficial partnership.”

Since Benjamin’s acquisition just prior to the pandemic, Village Premier has grown from three offices with 67 agents serving the Atlanta area to become the nation’s largest minority and woman-owned independent brokerage. Today, its nearly 500 agents serve the District of Columbia, Florida, Maryland, North Carolina, South Carolina, Virginia and Washington state.

“At Village Premier, our priority has been to build a community where every agent feels safe and is connected by a shared vision. We believe in reaching down and pulling someone up, and that’s in complete alignment with how Real has built its business. It’s a culture that accepts differences, rewards collaboration over competition and where agents are given the ability to build profitable careers,” Benjamin said.

Benjamin began as an agent in 2006. Her insights and expertise on the real estate industry have garnered national and local recognition.

Introduced in January 2024, Real’s Private Label and ProTeams programs make it easy for independent brokerages and teams to join the company. Through Private Label, Real’s white label program, independent brokerages are able to maintain their own brand, while reaping the benefits associated with being a part of Real. ProTeams, which is available to all teams, leverages Real’s proprietary transaction management platform to provide the flexibility to customize team members’ caps, splits and fees down to the individual team member level, allowing them to maintain their current structure.

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 throughout the U.S. and Canada, Real supports more than 17,000 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 success of Real’s programs that are available to agents and Real’s ability to continue to attract agents.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. 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, economic and industry downturns, the success of Real’s programs and Real’s ability to attract new agents and retain current agents. 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:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

For media inquiries:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced the opening of its shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the first quarter ended March 31, 2024. Real will hold the call at 8:00 a.m. ET on Tuesday, May 7, 2024.

Beginning today, any shareholder is invited to submit and upvote questions to management. To submit questions ahead of the conference call, please visit the Say portal at the link here. Shareholders using brokers that are integrated with Say can also participate directly through their investing app or broker’s website.

The Q&A platform will remain open through Monday, May 6, 2024 at 8:00 a.m. ET.

An audio-only webcast of the call may be accessed from the Investor Relations section of the company’s website at https://investors.onereal.com/ or by registering at the link here. A replay of the webcast will be available for one year.

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 more than 17,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses. Additional information can be found on its website at www.onereal.com.

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 at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to Real’s first quarter 2024 earnings call, the release of the financial results and the business and strategic plans of Real.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. 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, economic and industry downturns and Real’s ability to attract new agents and retain current agents. 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:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

For media inquiries:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

Annual event introduces inaugural Excelerate Finance Hackathon, new Vena Certification program via Vena Academy, the Venny Awards program and more to celebrate and empower finance innovators

TORONTO–(BUSINESS WIRE)–Vena, the Complete Planning platform loved by finance and trusted by business, today announced that tickets for Excelerate Finance 2024, the premier annual conference for finance, operations and business leaders, have sold out. The event will be held on May 15–16, 2024 in Nashville, Tennessee with a free live stream available for the global community of finance and operations professionals.

With a focus on learning, training and finance-led innovation, Excelerate Finance will provide unprecedented access to the latest skills, best practices, methodologies and cutting-edge technologies—from automation to generative AI—transforming the strategic office of finance with increased productivity, operational efficiency, accelerated insights and strategic potential. Attendees will get to learn from strategies, success stories and eureka moments shared by finance visionaries at leading organizations, as well as discover how to harness the latest Vena innovations and advancements in Microsoft 365 tools and capabilities for Complete Planning use cases with hands-on learning labs.

At the event, Vena will introduce the new Vena Certification program with on-site professional development sessions available for conference attendees. The program will also launch on demand via Vena Academy, the ultimate venue for always on, self-serve training across FP&A, Microsoft for finance and Vena Complete Planning. In addition, Vena will provide an exclusive first look at Vena Copilot for FP&A, a Complete Planning generative AI copilot purpose-built for FP&A teams and the organizations they support, as well as other game-changing product announcements.

Also on the agenda will be the inaugural Excelerate Finance Hackathon, along with the first-ever Venny Awards program celebrating visionaries who are shaping the future of strategic finance for their organizations across various industries.

“We’re going full force with our most immersive experience yet, and are excited to be back in person alongside our community of finance, operations professionals, business leaders, partners, industry experts and sponsors to continue supporting the evolution of the strategic office of finance with programs and events that help propel personal, professional and business growth,” said Allison Munro, Chief Marketing & Ecosystem Officer at Vena. “Over the course of the conference, the strategic office of finance will be elevated to new heights with deep dives and previews of technology innovations paving the way for a new generation of finance— including Vena Copilot for FP&A. Those joining us in person will have a chance to participate in the Vena Academy learning sessions while those who join the live stream will have access to exclusive content in partnership with the Financial Modeling World Cup.”

Joining Vena for this year’s landmark event are sponsors Microsoft, ProLytics, Delbridge, Marcum, RVNA Tech, ScaleNorth and Citrin Cooperman.

For more information on Excelerate Finance 2024 or to register for the free virtual experience, please visit www.exceleratesummit.com.

About Vena

Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,700 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com.

Contacts

Jonathan Paul

Vice President, Content Marketing

jpaul@venacorp.com

Guided by its Green Finance Framework, company secures financing led by Wells Fargo to fund at least eight new and existing data center sites

DENVER–(BUSINESS WIRE)–Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced it has secured a $3 billion green loan from a bank syndicate led by structuring bank Wells Fargo Securities, LLC and joint bookrunners TD Securities, Truist Securities, Inc. and Scotiabank to fund the ongoing development of its North America data center platform.

The financing is a revolving credit facility with an initial collateral pool of eight leased and greenfield sites in both new and existing markets totaling nearly 1.4GW of IT capacity. Compared to typical project-specific construction loans, this model enables faster time-to-market for Vantage and its customers. Additionally, the loan affords Vantage the ability to add more North American assets to this credit facility in the future. Currently, Vantage’s North America platform includes 12 campuses across the United States and Canada.

“For the past several years, Vantage has prioritized innovative funding avenues to support our rapid expansion, and this revolving multi-asset development financing is no exception,” said Christophe Strauven, senior vice president, capital markets at Vantage. “We are dedicated to meeting our customers where they need us most. Our decision to pursue a flexible revolving credit facility allows us to access capital quickly and, therefore, begin development much earlier than project-specific loans, enabling Vantage to meet the ambitious timelines our customers require for critical IT capacity across North America.”

“Vantage would like to express our gratitude to our financing partners and the strategic long-term relationships we have with them,” said Sharif Metwalli, chief financial officer at Vantage. “We appreciate their backing, which underpins our ability to develop the digital infrastructure to support the next generation of technology, from cloud transformation to artificial intelligence (AI).”

This new financing, Vantage’s fifth green loan, was secured under the company’s Green Finance Framework and upholds its holistic approach to environmental, social and governance (ESG) principles. Dedicated to the sustainable development, delivery and operation of its data center facilities, Vantage leverages its green loans to support the research and development of next generation sustainable features in areas such as energy efficiency, water management and pollution prevention and works to operate in alignment with its own and customers’ carbon reduction goals.

So far this year, Vantage has announced a total of nearly $10 billion in financing to drive the company’s continuing global growth. In addition to today’s announcement, the company also announced a $6.4 billion equity investment led by DigitalBridge and Silver Lake in January, followed by a $64 million loan to support the development of Vantage’s first campus in Taiwan in March.

To learn more about the company’s expanding global portfolio, visit https://vantage-dc.com/data-center-locations/.

About Vantage Data Centers

Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

For more information, visit https://www.vantage-dc.com.

Contacts

Mark Freeman

Vantage Data Centers

mfreeman@vantage-dc.com
+1-202-680-4243

Robin Bectel

REQ for Vantage Data Centers

vdc@req.co
+1-202-936-6335

SINGAPORE–(BUSINESS WIRE)–Accacia, a decarbonisation platform focusing on the Real Estate and Infrastructure sectors, has closed a US$6.5m pre-Series A round led by Illuminate Financial – a specialist VC firm focused on enterprise fintech companies building solutions for the financial services industry with offices in New York, London and Singapore. Southeast Asia based AC Ventures also participated in this round, alongside continued support from early backers Accel and B Capital.

Real estate and construction activity contribute to about 40 percent of global Greenhouse Gas (GHG) emissions. The sector lacks robust tools to measure climate risks and define decarbonisation pathways. Founded in 2022 by INSEAD alumni Annu Talreja and co-founders Piyush Chitkara and Jagmohan Garg, Accacia offers an AI-enabled SAAS platform that helps real estate asset managers, owners and developers track their emissions, and design their decarbonisation journey.

“This funding comes at a crucial juncture as the Securities & Exchange Commission (SEC) and Singapore Exchange (SGX) have announced regulations on carbon emissions’ reporting, underscoring the urgent need for comprehensive and real-time climate risk data. We have already deployed our solution to over 25m sqft of real estate and are poised to leverage this opportunity and scale globally,” said Annu Talreja, Founder and CEO at Accacia.

Illuminate Financial, with its extensive network of financial services’ industry LPs, has a unique perspective of this evolution where climate risk is becoming a must-have metric for investors. “Measuring and managing climate risks has become imperative for large financial institutions especially on real estate which is one of the most significant and most affected asset classes in their portfolio. With Annu’s background and industry experience in real estate, we felt Accacia is the right fit to take on a leading position in the global real estate decarbonization market and are pleased to partner with the Accacia team,” said Rezso Szabo, Partner at Illuminate Financial.

“While real estate is one of the single largest contributors to GHG emissions, it is also a very hard-to-decarbonize sector given the complexity of value chain emissions (construction vs operations) and the variety of asset uses. Given our deep interest in climate, we were confident that the sector demanded a custom solution designed for nuances of the real estate sector and loved what Accacia has built,” said Helen Wong, Managing Partner at AC Ventures.

Decarbonisation of real estate is one the biggest opportunities today – a staggering US$18 trillion of investment is required over the next decade to get the real estate industry to net zero. Accacia’s tech platform integrates with existing Property Management, Energy Management and Procurement systems to automate real-time data capturing and tracking, making it the quickest and most affordable solution for real estate companies on their path to net zero. The Real Estate industry has recently become the focus for climate solutions with several large VC funds raising dedicated capital to decarbonise buildings.

For more information about Accacia, please proceed here.

About Accacia

Accacia is an AI-enabled SAAS platform that provides Real Estate Developers, Asset Managers and Financial Institutions the key metrics and decisions they need to decarbonize their portfolio. The platform allows customers to measure and benchmark the Transitional Risks on their portfolios, while the AI-enabled recommendation engine suggests decarbonization strategies at the asset and portfolio level.

About Illuminate Financial

Illuminate Financial is a thesis-driven venture capital firm investing in enterprise fintech companies building solutions for the financial services industry. With offices in London, New York, and Singapore, Illuminate’s deep networks and trusted partnerships with major financial institutions for the past decade provide real insight into what the industry needs and helps their portfolio companies achieve their full potential.

About AC Ventures

AC Ventures (ACV) is a top venture capital firm that invests in tech-enabled businesses focused on Indonesia and Southeast Asia, with over US$500 million in assets under management. The firm empowers entrepreneurs with more than capital by combining operational experience, industry knowledge, deep local networks, and resources. ACV’s team has invested in over 120 regional tech companies since 2012. With a team of more than 35 professionals led by Adrian Li, Michael Soerijadji, Helen Wong, and Pandu Sjahrir, it has offices in Jakarta and Singapore.

About Accel

Accel is a leading venture capital firm that invests in people and their companies from the earliest days through all phases of private company growth. Atlassian, Braintree, Cloudera, CrowdStrike, DJI, Dropbox, Dropcam, Etsy, Facebook, Flipkart, FreshWorks, Jet, Qualtrics, Slack, Spotify, Supercell, UiPath and Vox Media are among the companies the firm has backed over the past 35 years.

About B Capital

B Capital invests globally in extraordinary founders and businesses shaping the future through technology. With more than $6 billion in assets under management and dedicated stage-based funds, the firm focuses on seed to early- and late-stage venture growth investments, primarily in the technology, healthcare and climate sectors. Founded in 2025, B Capital has an integrated, global team across nine locations in the U.S. and Asia. The firm’s value-add platform, together with the consulting expertise of its strategic partner, The Boston Consulting Group, provides entrepreneurs with the tools and resources to scale quickly and efficiently, expand into new markets and build market-leading businesses. For more information, click here.

Contacts

Media Contact Information
Prosek Partners on behalf of Accacia

kkzhemanovska@prosek.com

TORONTO–(BUSINESS WIRE)–DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U and TSX: DRR.UN) (“Dream Residential REIT” or the “REIT”) today announced its April 2024 monthly distribution in the amount of US$0.035 per unit (US$0.42 annualized). The April distribution will be payable on May 15, 2024 to unitholders of record as at April 30, 2024.

About Dream Residential REIT

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

Contacts

Dream Residential REIT


Brian Pauls
Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Derrick Lau
Chief Financial Officer

(416) 365-2364

dlau@dream.ca

Scott Schoeman
Chief Operating Officer

(303) 519-3020

sschoeman@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its April 2024 monthly distribution of 8.333 cents ($1.00 annualized) per REIT Unit, Series A (“REIT A Units”). The April distribution will be payable on May 15, 2024 to unitholders of record as at April 30, 2024.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

EV charging solutions provider achieves 10x year-over-year growth of its charging network and secures funding to further scale charger deployments in multifamily and commercial buildings across North America

TORONTO & BAAR-ZUG, Switzerland–(BUSINESS WIRE)–SWTCH Energy (“SWTCH”), a company pioneering electric vehicle (EV) charging solutions for multi-tenant buildings across North America, today announced that it raised $27.2 million in Series B funding. The round was led by Blue Earth Capital (“BlueEarth”), the specialist global impact investor, on behalf of its investment vehicles with participation from Alantra’s Energy Transition Fund, Klima. Additional Series B investors include Active Impact Investments and GIGA Investments Corp. This new funding will enable SWTCH to accelerate charging in multi-tenant buildings, following a tenfold increase in the company’s charging network since its Series A, and advance its innovative EV charging and integrated energy management solutions for real estate customers.

SWTCH is meeting the massive demand for multifamily EV charging as EV sales hit an inflection point and governments amend building codes and zoning ordinances to require properties to be EV-ready. SWTCH’s turnkey EV charging solutions tackle the main deployment challenges for new and aging multifamily buildings from upfront costs and limited electrical capacity to charger reliability. The company’s energy management solution, SWTCH Control™, for example, provides unmatched visibility into building electrical loads and available capacity for EV charging. It allows building owners to install and manage 10 times more EV chargers with existing electrical infrastructure, future-proofing properties while avoiding costly upgrades.

With this raise, SWTCH is leveraging machine learning and artificial intelligence to advance SWTCH Control and its other market-leading EV charging solutions. The company is also expanding integrations with industry-leading software solutions to create a seamless experience for both property managers and tenants who drive EVs.

“Today, a third of Americans live in multifamily buildings, largely without home charging access. As right-to-charge laws and energy efficiency mandates continue to gain traction, SWTCH is in a unique position to help real estate customers close this gap,” says SWTCH CEO Carter Li. “We’re always looking for ways to push our solutions forward to make EV charging a no-brainer. With this new capital, we will scale our EV charging solutions to ensure no building, and no driver, is left behind in the EV future.”

“As a mission-driven, global investment firm with a strategy of scaling companies addressing climate change, Blue Earth Capital is proud to invest in SWTCH’s work to expand EV charging access,” says Kayode Akinola, Head of Private Equity at Blue Earth Capital. “We’re pleased to see SWTCH’s innovative deployments and technological leadership to date, and are excited to partner with the company to support their pivotal growth stage. Electrification and supporting the energy transition is a key investment theme for our climate growth strategy, and an important component of this is the continued expansion of EV infrastructure. The multifamily space served by SWTCH offers a valuable market opportunity to grow our clean energy economy.”

“We think the multifamily housing market in North America is under-served with EV charging infrastructure. SWTCH’s capital efficient, building integrated model is the best we have seen in this space. We are proud to support SWTCH’s expansion, so it can make EV charging a better experience for drivers and property managers,” says Manuel Alamillo, Partner at Alantra’s Energy Transition Fund, Klima.

Notes to editors

About SWTCH Energy

Headquartered in Toronto, Ontario, with offices in Brooklyn and Boston, SWTCH is pioneering EV charging solutions for multifamily, commercial, and workplace properties across North America. SWTCH leverages the latest technology available to help building owners and operators deploy EV charging by tapping into their existing grid infrastructure. Through constant innovation and an extensive partnership network, SWTCH provides the most profitable and unique business model for multi-tenant buildings to stay competitive. For more information, visit www.swtchenergy.com.

About Blue Earth Capital

Blue Earth Capital is a global, independent, specialist impact investor, headquartered in Switzerland, with operations in New York, London, and Konstanz. Blue Earth Capital seeks to address the world’s most pressing social and environmental challenges by delivering measurable impact alongside aiming for attractive and market-rate financial returns. The company operates dedicated private equity, private credit, and fund solutions. Blue Earth Capital is owned by the Blue Earth Foundation, a Stiftung (charity/trust) registered in Switzerland that focuses on deep impact to support initiatives and business ventures to help deliver a more equitable and sustainable future.

About Alantra and Klima Energy Transition Fund
Alantra is an independent global mid-market financial services firm providing investment banking, asset management, and private capital services. In Alternative Asset Management, Alantra offers its clients unique access to a wide range of investment strategies in five highly specialized asset management classes (private equity, active funds, private debt, energy, and venture capital). As of 31 December 2023, assets under management from consolidated and strategic businesses stood at €15.6bn.

Alantra’s Energy Transition fund, Klima, is a 210M€ late-stage VC fund. Alongside Enagas, as cornerstone investor, Klima is backed by relevant investors such as the European Investment Fund, Axis ICO and CPPI. Klima partners with companies located in Europe and North America that have high growth potential in sectors such as smart power grids and markets, energy storage and technologies.

Contacts

Media
SWTCH
Chelsea Nolan

Antenna Group for SWTCH

SWTCH@antennagroup.com

Blue Earth Capital
Kekst CNC

Simon Markebeck

+46 76 127 90 72

Blueearthcapital@kekstcnc.com

Amid rising demand for clean energy technologies, Auxilium adopts Elevated Signals’ manufacturing software to unlock the estimated $3.4 trillion in critical minerals trapped in mine tailings globally

VANCOUVER, British Columbia & TUCSON, Ariz.–(BUSINESS WIRE)–#CircularEconomy—Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company that offers advanced Manufacturing Resource Planning (MRP) software, announces the continued diversification of its client base into the growing waste-to-value and critical minerals recovery sectors, highlighted by a new partnership with Auxilium Technology Group (“Auxilium”).

Auxilium‘s unique valorization technology efficiently extracts critical minerals from mine tailings and repurposes the reclaimed tailings to manufacture eco-friendly construction materials.

Mining waste is one of the largest waste streams generated globally, with an estimated 100 billion tons or more produced annually. The value of precious, critical, and strategic metals in these tailings is thought to exceed $3.4 trillion worldwide, and demand for these minerals, including cobalt, copper, lithium, nickel, and several other rare earth elements, is expected to more than double by 2040.

“Waste-to-value manufacturing businesses like Auxilium play a key role in providing critical minerals needed for the transition to renewable energy, which presents a significant opportunity within the mining sector,” said Amar Singh, CEO and co-founder of Elevated Signals. “As the industry expands, it has become increasingly clear that these reclamation processes can be better optimized with precise real-time inventory tracking and data-driven analytics. This is something that rigid ERP systems, spreadsheets, and paper-based processes are not equipped to deliver, which is where our platform comes in.”

“Our operation’s needs are complex and constantly evolving. At every stage of production, we must consistently monitor and evaluate the presence and quality of various measurable characteristics in the materials processed in our inventory,” said Michael Goedecke, Auxilium’s Lead Metallurgical Technician. “Elevated Signals gives us a centralized, user-friendly interface that provides a complete and clear view of the live inventory, which has really helped us simplify and optimize our processes.”

Auxilium currently operates a pilot plant in Arizona and is on a rapid growth trajectory. Its modular technology can be used to remediate old mine sites and can also be utilized by operating mines without disrupting operations. The company sees significant opportunities to expand its operations into South America, the U.S., Africa, Australia, and beyond.

About Elevated Signals

Elevated Signals Inc. (“Elevated Signals”) offers modern manufacturing software designed for the complex operations of rapidly expanding manufacturing businesses eager to scale quickly. The company caters to a wide range of clients across various sectors, including controlled environment agriculture, natural health products, critical minerals recovery, and more. Its advanced Manufacturing Resource Planning (MRP) platform sets new standards for operational efficiency with its user-friendliness, flexibility, and complete traceability. The cloud-based solution acts as a unified source of truth for managing live inventory, providing easy access across the company from any location. It streamlines operations and cuts waste by automating real-time tracking, digitizing records and custom forms, and ensuring clear inventory visibility. By removing manual processes and breaking down data silos, Elevated Signals enables quicker and more informed decision-making, allowing businesses to prioritize profitability.

Learn more at https://www.elevatedsignals.com/join-us and follow Elevated Signals on LinkedIn, Instagram, and X at @ElevatedSignals.

About Auxilium

Auxilium Technology Group (“Auxilium”) provides solutions that maximize value from mining waste while minimizing the environmental impact of the mining industry. The company uniquely offers complete tailings repurposing solutions using proprietary technologies. These solutions prioritize environmentally friendly practices, focusing on efficient metal recovery, water treatment, green energy generation, and building material production. Among its products, the Entail solution stands out as a groundbreaking regenerative tailings management system, enabling mining companies to enhance operational value and significantly reduce waste. Entail fully valorizes the input tailings feed, recovers critical elements necessary for the energy transition, produces eco-friendly construction materials, and substantially reduces carbon emissions.

Contacts

Elevated Signals:
Media inquiries: Media@elevatedsignals.com
Sales or product inquiries: Sales@elevatedsignals.com