CONCORD, Ontario–(BUSINESS WIRE)–It’s becoming more important every day, and this year’s deep dive into Canada’s sustainable property technology industry outlines where value meets values in the 2023 Sustainable Protech Canada Report.

This year’s Report, contains a comprehensive list of Canadian Sustainable Proptech startups, a Market Map of Canada’s Sustainable Proptech ecosystem, survey insights, analysis of current Proptech trends and interviews with Jon Love from Kingsett Capital, Jon Ramscar from CBRE, and Sanders Lazier from Carbonhound, and other leading industry experts. There’s even an overview of the growing array of products from the Canadian banks who lend to companies that take sustainable mandates seriously and integrate them into their building projects.

The push to decarbonize buildings continues. Governments around the world are enacting regulations to both incentivize buildings to become more efficient and penalize those that don’t comply. That means there are significant opportunities for innovators who can create new technology, products and services for the industry.

Sustainable Proptech is a Canadian company created as a central hub to help the industry navigate through the fast and ever-changing technology landscape and make an important contribution to ESG and Real Estate in Canada.

Today’s launch event also introduced some of Canada’s most exciting technologies, and interviews with industry leaders about trends that are driving sustainable innovation in the country.

Venturon, Founder/Managing Partner and Sustainable Proptech Co-Founder, Deena Pantalone, said, “It’s in the air everywhere these days. And I don’t just mean smoke from wildfires. People are talking about climate, health and sustainability. We know that time isn’t on our side. That’s why our clear mission is to accelerate the achievement of sustainability goals through bridging the worlds of technology and real estate with sustainability experts, tech entrepreneurs, investors, and fresh thinkers.”

Venturon, Principal/Director of Operations and Sustainable Proptech Co-Founder Joanna Creed, adds, “New innovations come when innovators and thought leaders interact and share ideas.

This Report brings together a wealth of information, with usable data and important connections designed to help push the boundaries of Sustainable Proptech here in Canada.

A final word from Deena Pantalone, “Global Real Estate Leaders are pivoting rapidly towards adoption of innovation as we move towards our 2030 Netzero goals. Change is essential. It can also be very profitable for those who lead the way.”

For more information on Venturon, visit www.venturon.com.

To receive the Sustainable PropTech Canada Report 2023, visit www.sustainableproptech.com.

ABOUT SUSTAINABLE PROPTECH

We are Sustainable PropTech, a meeting of minds where you can learn, connect, collaborate, and create the next generation of PropTech. Our community of innovators, forward-thinking individuals and thought leaders represent a full spectrum of organizations with commitments to strong ESG criteria.

We connect the built world of real estate with sustainability experts, tech entrepreneurs, investors, and fresh thinkers with the clear mission of accelerating the achievement of sustainability goals. Our platform helps innovators and thought leaders interact and share ideas that can create new innovations and real change.

Contacts

Media Contact or to arrange an interview:
Lianne McOuat

McOuat Partnership

lianne@partnership.ca
416 953 0380

TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that the Board of Trustees has declared a distribution for the month of July 2023 of C$0.01 per trust unit of the REIT, representing $0.12 per trust unit of the REIT on an annualized basis.

The distribution will be payable on August 15, 2023 to unitholders of record as of the close of business on July 31, 2023.

About Slate Office REIT (TSX: SOT.UN)

Slate Office REIT is a global owner and operator of high-quality workplace real estate. The REIT owns interests in and operates a portfolio of strategic and well-located real estate assets in North America and Europe. The majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. 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.

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.

SOT-Dist

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

DUBLIN–(BUSINESS WIRE)–The “Global Smart Lighting Market Outlook, 2028” report has been added to ResearchAndMarkets.com’s offering.

The market is anticipated to cross USD 45 Billion market size by 2028, increasing from USD 15.67 Billion in 2022. The market is projected to grow with 20.02% CAGR by 2023-28.

In recent years, the market for smart lighting has experienced significant growth, owing primarily to ongoing and upcoming smart city projects in developing economies, improved acceptance of standard protocols for lighting control systems, and the introduction of new features such as data analytics and API event generation.

These factors will drive market growth through the projected period’s conclusion. Furthermore, the increase in demand for IoT-enabled lighting fixtures and smart lighting solutions, as well as the increasing use of LED lights and luminaires in outdoor lighting, will boost smart lighting demand in the near future.

The concept of smart houses has become a reality as a result of modern technical breakthroughs likes as Bluetooth, IoT, and cloud computing. With smart home features being adopted in more and more common households, there is a growing need for smart LED lighting systems that can be connected to other electrical devices and controlled remotely.

Smart lighting systems driven by LED lights are also projected to provide attractive potential for LED applications in commercial and industrial settings. In today’s lighting market, the smart lighting system is one of the most modern lighting technologies and energy management systems.

Every luminaire in the smart lighting system has sensors and automatic control functions that monitor and react to occupancy, pre-selected light levels, and changes in ambient daylight levels. One of the important characteristics that include reducing energy usage and boosting controls factor in conformity with consumers’ expectations is automated sensing functionality.

As a result, smart lighting systems are extremely efficient, intelligent, and quickly reconfigurable to react to changes in the environment or the needs of users. Whatever the application, the smart lighting system may provide automated energy savings as well as exceptional flexibility to improve the user experience. Smart lights are made up of multiple networked components, including lighting fixtures that collect data about their surroundings and allow users to control or alter equipment based on their needs.

Furthermore, technological breakthroughs that enable the simple integration of functionalities such as environmental sensing and voice control in lighting systems have broadened and diversified the spectrum of smart lighting applications.

Recent Developments

• In February 2023, the world leader in lighting, Signify, provided connected lighting systems, smart poles, and LED street lighting to the industrial parks in Huanggang City, Hubei Province, China. With the help of this massive smart pole project, the province will be able to reduce energy use and emissions while also modernizing the city’s infrastructure.
• In February 2023, Honeywell Carbon Capture Technology to be used by ExxonMobil.
• In February 2023, Signify helped the German municipality of Eichenzell become a future-proof smart city through intelligent street lighting. Its BrightSites solution brings fast, wireless broadband connectivity to the city, allowing Eichenzell to cater to next-generation IoT applications and future 5G densification. Signify installed LED lighting, which is managed by the Interact City System. Eichenzell can continuously monitor and manage all lights from a single dashboard.
• In January 2023, Savant Company GE Lighting announced the expansion of its smart home ecosystem, Cync. Cync unveiled its entire Dynamic Effects entertainment lineup, which includes 16 million colors, pre-set and custom light shows, on-device music syncing, and other features. In addition, following a successful launch last year, Cync has expanded its Wafer light fixture line.
• In February 2023, Signify supplied LED street lighting, intelligent poles, and a connected lighting system to the industrial parks in Huanggang City in Hubei Province, China. The city opted for Signify’s BrightSites smart poles, Philips LED streetlights, and Interact connected lighting system. This combination provides high-quality, energy-efficient LED lighting and two-way communication on a cloud-based platform.
• January 2023 – Lutron plans to provide new solutions and upgrade existing products that enable AV professionals to offer high-quality, future-ready lighting control while allowing clients to achieve their interior design dreams, removing the need to choose between aesthetics and experience.

Competitive Landscape

Competitive Dashboard

• Business Strategies Adopted by Key Players
• Key Players Market Share Insights and Analysis, 2022
• Key Players Market Positioning Matrix
• Porter’s Five Forces

Company Profiles

• Signify N.V.
• Honeywell International Inc.
• Panasonic Holdings Corporation
• Legrand S.A.
• Osram Licht Ag
• Eaton Corporation Plc
• ABB Ltd
• Hubbell Incorporated
• General Electric Company
• Wipro Enterprise Ltd
• Zumtobel Group AG
• Everlight Electronics Co, Ltd
• Itron Inc.
• Opple Lighting Co. Limited
• Lumileds Holding B.V.
• Seoul Semiconductor
• Dialight Plc
• Havells India Limited
• Acuity Brand Inc.
• NVC Lighting Technology Corporation

Considered in this report

• Geography: North America
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Countries covered in the report:

• United States
• Canada
• Mexico

By Offerings:

• Hardware
• Software
• Services

By Application:

• Indoor
• Outdoor

By Indoor:

• Commercial
• Residential
• Industrial
• Others

By Price Range:

• Highways & Roadways
• Architectural Lighting
• Light for public places

For more information about this report visit https://www.researchandmarkets.com/r/np0xp5

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

TORONTO–(BUSINESS WIRE)–Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, invites you to participate in its live conference call with senior management to discuss the Company’s financial results for the second quarter of 2023. The call will take place on Wednesday, August 9^th at 11 a.m. ET.

Tricon’s financial statements and management’s discussion and analysis for the second quarter of 2023 will be released prior to the call and will be made available on the Company’s website, on the U.S. Securities and Exchange Commission website at www.sec.gov and on the Canadian Securities Administrators’ website at www.sedar.com. The Company will also release supplementary information which will be available on the Tricon Residential Investor Relations website at www.triconresidential.com.

To access the call, please dial (888) 550-5422 or (646) 960-0676 (Conference ID #3699415). The conference call will be available via webcast on the Tricon Residential Investor Relations website at www.triconresidential.com. A replay of the call will be available from 2pm ET on August 9^th, 2023, until midnight ET, on September 9^th, 2023. To access the replay, call (800) 770- 2030 or (647) 362- 9199, followed by Conference ID #3699415.

About Tricon Residential Inc.

Tricon Residential Inc. (NYSE: TCN, TSX: TCN) is an owner and operator of a growing portfolio of approximately 37,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life’s potential. For more information, visit www.triconresidential.com.

Contacts

For further information, please contact:

Wissam Francis

EVP & Chief Financial Officer

Email: IR@triconresidential.com

Wojtek Nowak

Managing Director, Capital Markets

TORONTO–(BUSINESS WIRE)–Messagepoint Inc. announced today that it has signed Newbold Advisors as a referral partner for its customer communications management (CCM) solution. Newbold Advisors provides business, technology and staffing consulting and professional services to the mortgage servicing sector and will introduce Messagepoint to clients looking to improve borrower communications operations and experiences.

“Messagepoint provides a powerful solution for addressing the key issues relating to inefficiency, slow change cycles and outdated borrower communications for mortgage servicers today,” said Newbold partner Michael Wade. “The ability to accelerate time to market, improve the quality of communications and centrally manage content for all channels from one intelligent content hub is a game changer for mortgage servicing organizations.”

Many mortgage servicers are challenged by long authoring and change cycles for critical borrower correspondence due to existing constraints with legacy platforms, as well as a heavy reliance on IT and third-party service providers to code content changes. These communications are also subject to strict regulatory requirements, which add acute time pressures and operational complexity, particularly for large mortgage servicing teams that manage loans involving multiple states and mortgage origination clients. By modernizing communications systems to move away from code-intensive solutions, both servicers and their print partners can reduce costs and accelerate processes.

With its patented variation management capabilities, Messagepoint’s cloud-native, AI-powered CCM solution makes it easy for business teams to manage borrower communication variations that incorporate regional or brand differences. In addition, by empowering business teams with no-code approaches to authoring, updating and managing content directly, mortgage servicers can significantly reduce their reliance on IT and third-party service providers. This reduces time to market for new or updated communications from weeks down to hours, enabling teams to adapt quickly to regulatory or market changes.

“Messagepoint’s unique focus on content gives mortgage servicers a more intelligent way to manage their borrower communications, resulting in rapid and significant improvements in operational efficiency, speed and the quality of communications,” said Steve Biancaniello, founder and CEO of Messagepoint.

Messagepoint’s intelligent SaaS-based content hub is used by leading financial services, insurance, healthcare and service organizations to create and manage highly personalized customer communications for print and digital channels. Messagepoint is recognized as a leader in the customer communications space by industry analysts and has been awarded three patents for its AI-powered platform. The organization recently announced the addition of generative AI capabilities to its platform, enhancing the Assisted Authoring capabilities in Messagepoint to offer suggested content rewrites to address content issues related to sentiment, reading levels and brand alignment.

For more information, contact Messagepoint at info@messagepoint.com.

About Messagepoint

Messagepoint is a leading provider of customer communications management software. Only Messagepoint harnesses AI-powered Content Intelligence to automate and simplify the process of migrating, optimizing, authoring and managing complex customer communications for non-technical (business) users. Customers rely on its award-winning platform to consistently deliver exceptional, highly personalized customer communications across all platforms and channels. For more information, visit www.messagepoint.com.

About Newbold

Newbold Advisors, LLC is a national consulting and professional services company serving institutional clients in the private sector.

The firm’s mission is to deploy qualified mortgage lending professionals at competitive rates to achieve tangible results. Our goal is to earn every client’s trust by delivering results with integrity. For more information, visit https://newboldadvisors.com/mortgage/.

Contacts

Patricia Kilgore

Sterling Kilgore

630-567-9379

pkilgore@sterlingkilgore.com

The new funding will boost the global scale of CarbonCure’s carbon removal technologies across the concrete industry & expand its supply of high quality carbon credits.

HALIFAX, Nova Scotia–(BUSINESS WIRE)–#CarbonCure–CarbonCure Technologies, the global leader in carbon removal technologies for the concrete industry, today announces a major investment led by Blue Earth Capital, part of a broader collaborative investment round totaling more than $80 million USD.

The new funding also includes strong and substantial support from existing shareholders, including Breakthrough Energy Ventures, Taronga Ventures, Amazon’s Climate Pledge Fund, Microsoft Climate Innovation Fund and 2150. New strategic investors include BH3 Growth Equity (BH3) and Samsung Ventures (Corporate VC fund backed by Samsung C&T). In addition to their financial backing, these firms are force multipliers of sustainability and innovation, with direct involvement in new product development and acting as market demand catalysts.

With 750 systems sold across more than 30 countries, this investment will support CarbonCure in achieving its growth plans and accelerating its product roadmap.

“The financial backing of this special syndicate of investors is an exciting endorsement of CarbonCure as a go-to solution for low embodied carbon concrete, a leader in carbon removal technologies and a provider of the highest quality carbon credits in the voluntary carbon market,” said CarbonCure Chair and CEO Robert Niven.

Blue Earth Capital is a mission-driven, global investment firm. It is an advocate for sustainability through its growth investments, supporting companies that have the potential to deliver measurable impact alongside attractive financial returns. Via its Climate Growth Strategy, Blue Earth Capital provides equity capital to help businesses scale, focusing on companies that offer products and services to facilitate the global energy transition as well as decarbonising key economic sectors including large scale production and consumption.

“Blue Earth Capital seeks to address pressing environmental and social challenges globally. To achieve this and as part of our Climate Growth Strategy, we look to support promising technologies and companies enabling the redesign or supplementation of major industrial processes by using lower carbon-intensive materials and/or enabling raw materials to be reused. CarbonCure’s technologies achieve both, on the one hand enabling concrete production with less carbon-intensive cement and on the other creating less solid waste and using less fresh water. Solutions like these are urgently needed to help meet global climate goals,” said Kayode Akinola, Head of Private Equity at Blue Earth Capital.

CarbonCure’s technologies have already been used to produce nearly five million truckloads of lower carbon concrete, saving about 290,000 metric tons of carbon dioxide, equivalent to taking 64,000 gas-powered cars off the road for a year.

About CarbonCure

CarbonCure Technologies, a fast-growing carbon dioxide removal tech company, has developed easy-to-adopt solutions that enable concrete producers to use captured carbon dioxide to produce reliable, low carbon concrete mixes and achieve market differentiation amid surging demand for greener building materials among architects, engineers, owners and developers. With hundreds of CarbonCure systems operating around the world, roughly five million truckloads of this concrete have supplied a broad spectrum of sustainable construction projects. CarbonCure’s cutting-edge research and innovation have garnered global recognition and prestigious titles, most notably Carbon XPRIZE Grand Prize Winner, 2022 CNBC Disruptor 50 List Company and Cleantech 100 Hall of Fame Company. CarbonCure’s investors also include Amazon, BDC Capital, Breakthrough Energy Ventures, Carbon Direct, GreenSoil Investments, Microsoft Climate Innovation Fund, Mitsubishi Corporation, Pangaea, 2150 and Taronga Group.

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 sustainable 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.

Contacts

Media:
CarbonCure Technologies
Mike Carter-Conneen

Sr. Director of Corporate Communications

media@carboncure.com

Blue Earth Capital
Kekst CNC

Blueearthcapital@kekstcnc.com

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 it will be releasing its second quarter 2023 financial results before market hours on Thursday, August 3, 2023. Senior management will host a live conference call at 9:00 am ET on Thursday, August 3, 2023 to discuss the results and ongoing business initiatives of the REIT.

Conference Call Details

The conference call can be accessed by dialing (416) 764-8658 or 1 (888) 886-7786. Additionally, the conference call will be available via simultaneous audio found at https://viavid.webcasts.com/starthere.jsp?ei=1621799&tp_key=1eb4041786. A replay will be accessible until August 17, 2023 via the REIT’s website or by dialing (416) 764-8692 or 1 (877) 674-7070 (access code 831208#) approximately two hours after the live event.

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 daily 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 targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. 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.

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

TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that it will be releasing its second quarter 2023 financial results before market hours on Wednesday, August 2, 2023. Senior management will host a live conference call at 9:00 a.m. ET on Wednesday, August 2, 2023 to discuss the results and ongoing business initiatives of the REIT.

Conference Call Details

The conference call can be accessed by dialing (416) 764-8658 or 1 (888) 886-7786. Additionally, the conference call will be available via simultaneous audio found at https://viavid.webcasts.com/starthere.jsp?ei=1621797&tp_key=4b589f6cf7. A replay will be accessible until August 16, 2023 via the REIT’s website or by dialing (416) 764-8692 or 1 (877) 674-7070 (access code 951017#) approximately two hours after the live event.

About Slate Office REIT (TSX: SOT.UN)

Slate Office REIT is a global owner and operator of high-quality workplace real estate. The REIT owns interests in and operates a portfolio of strategic and well-located real estate assets in North America and Europe. The majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. 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.

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.

SOT-FR

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

TORONTO–(BUSINESS WIRE)–Cleanster.com, a Canadian-owned company, is thrilled to announce the official launch of its innovative cleaning service platform in Toronto. Inspired by the successful Uber model, Cleanster.com has adapted the concept to cater specifically to the cleaning industry, providing a seamless and convenient solution for property owners, homeowners, and short-term rentals.

With a population of over 2.8 million, Toronto faces various cleaning challenges, and Cleanster is poised to address them head-on. The user-friendly Cleanster app empowers users to effortlessly book professional cleaners for their homes or offices. By simply selecting a date, users can receive an estimated cost for their cleaning services. Cleanster.com offers custom on-call cleaning services in Greater Toronto, serving areas such as Old Toronto, East York, Etobicoke, North York, Scarborough, and York.

Local professional cleaners, insured, bonded, and compensated fairly, are prioritized by Cleanster to ensure quality and customer satisfaction.

Cleanster.com is revolutionizing the way you find cleaning services by offering a unique and personalized approach. Unlike other forms of cleaning services, Cleanster is your dedicated partner in connecting you with local, professional, insured, bonded, and fairly compensated cleaners. Our mission is to ensure unparalleled quality and customer satisfaction in every cleaning experience.

What sets Cleanster.com apart is our commitment to matching you with highly skilled and trustworthy cleaners who are dedicated to delivering exceptional service. Each cleaner in our network undergoes a vetting process, including background checks, to ensure your peace of mind.

Unlike traditional cleaning service platforms, Cleanster.com stands out as a trailblazer in convenience. Recognizing the importance of round-the-clock support, Cleanster provides access to customer assistance through SMS, email, and chat. Customers no longer need to worry about cancellations, hiring the wrong professional, or property damage with no recourse. Cleanster has revolutionized the cleaning industry by ensuring a hassle-free experience for all users.

Cleanster.com offers a comprehensive range of cleaning services for apartment buildings, short-term rentals, and home services on-demand. With a primary focus on quality service, accountability, and affordability, Cleanster is committed to meeting the diverse cleaning needs of its customers.

“We are excited to introduce Cleanster.com to Toronto on Moving Day, July 1st, 2023,” said Gloria Oppong, Co-founder & CEO of Cleanster.com. “We believe in creating a fresh start for Toronto’s sanitation and cleaning needs. With Cleanster, users can expect a new era of cleanliness, convenience, and peace of mind. Together, we’ll make Toronto shine like never before.”

To experience the magic of Cleanster.com and embark on a journey toward a cleaner, brighter future, visit their website at www.cleanster.com or reach out to their dedicated team today.

Contacts

Gloria Oppong

support@cleanster.com

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent” or “REIT”) announced today that in connection with its previously announced normal course issuer bid (“NCIB”) to purchase up to 13,582,032 trust units (“Units”), it entered into an automatic unit purchase plan (“AUPP”) with a designated broker. The AUPP is intended to allow for the purchase of Units under the NCIB at times when the REIT would ordinarily not be permitted to purchase shares due to regulatory restrictions and customary self-imposed blackout periods.

Pursuant to the AUPP, InterRent has instructed the designated broker to make purchases under the NCIB in accordance with the terms of the AUPP. Such purchases will be determined by the designated broker at its sole discretion based on purchasing parameters set by InterRent in accordance with the rules of the Toronto Stock Exchange (“TSX”), applicable securities laws and the terms of the AUPP. The AUPP has been pre-cleared by the TSX and will be implemented today.

Outside of pre-determined blackout periods, Units may be purchased under the NCIB based on management’s discretion, in compliance with TSX rules and applicable securities laws. The NCIB commenced on May 23, 2023 and ends on May 22, 2024. All purchases made under the AUPP will be included in computing the number of Units purchased under the NCIB.

About InterRent

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

InterRent’s strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions.

InterRent’s primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Investor Relations

investorinfo@interrentreit.com
www.interrentreit.com

TORONTO–(BUSINESS WIRE)–Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”), an owner and operator of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, announced today that it has priced its 2023-SFR1 securitization transaction.

The transaction, involving the issuance and sale of 5 offered classes of fixed-rate certificates with a total face amount of $416.4 million, was priced at a weighted average yield of approximately 5.86% with a term to maturity of approximately 5 years. The transaction reflected strong demand, with subscriptions of 3.5x the offered amount and participation from 26 investors, including four new to Tricon. The transaction proceeds represent 57% of the value of the securitized portfolio which includes 2,116 single-family rental properties within the SFR JV-2 investment vehicle (“SFR JV-2”). The transaction is expected to close on or about July 11, 2023.

The 5.86% weighted average yield represents an attractive cost of financing that is in line with Tricon’s acquisition cap rates for single-family rental homes in the current market environment. The proceeds of the transaction will be used to repay floating rate debt that was temporarily used to fund acquisitions within SFR JV-2, thereby reducing the Company’s floating rate debt exposure by approximately 500 basis points to 21% of total debt from 26% in Q1/23¹.

The offering of certificates is being made through Morgan Stanley & Co. LLC as sole structuring agent, joint bookrunner, and co-lead manager, BofA Securities, Inc. as joint bookrunner and co-lead manager, Deutsche Bank Securities Inc. as joint bookrunner and co-lead manager, Mizuho Securities USA LLC as joint bookrunner and co-lead manager and RBC Capital Markets, LLC as joint bookrunner and co-lead manager. The various classes of offered certificates have been rated on a preliminary basis by Moody’s Investors Service and Kroll Bond Rating Agency.

About Tricon Residential Inc.

Tricon Residential Inc. (NYSE: TCN, TSX: TCN) is an owner and operator of a growing portfolio of approximately 37,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life’s potential. For more information, visit www.triconresidential.com.

* * * *

Certain statements contained in this news release are forward-looking statements and are provided for the purpose of presenting information about management’s current expectations and plans relating to the future. Readers are cautioned that such statements may not be appropriate for other purposes. These forward-looking statements include the anticipated completion and pricing of any securitization transaction, the availability or anticipated use of any surplus transaction proceeds, and the resultant impact on the Company’s debt profile. Such statements are subject to significant known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such statements and, accordingly, should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Factors that could cause actual results to differ include Tricon’s ability to execute the securitization transaction upon terms acceptable to the Company. Although management believes that it has a reasonable basis for the expectations reflected in these forward-looking statements, actual results may differ from those suggested by the forward-looking statements for various reasons including but not limited to the assumptions, risks and uncertainties described above. These forward-looking statements reflect current expectations of the Company as at the date of this news release and speak only as at the date of this news release. The Company does not undertake any obligation to publicly update or revise any forward-looking statements except as may be required by applicable law.

The certificates will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The certificates will be offered and sold in the United States in accordance with Rule 144A. This press release shall not constitute an offer to sell or the solicitation of any offer to buy nor shall there be any sale of the certificates in any jurisdiction in which such offer, solicitation or sale would be unlawful under the laws of such jurisdiction.

1 Reflects Tricon’s proportionate debt balance.

 

Contacts

For further information:
Wissam Francis

EVP & Chief Financial Officer

Email: IR@triconresidential.com

Wojtek Nowak

Managing Director, Capital Markets

Company’s environmental, social and governance report highlights worldwide strategy to reduce carbon emissions across all scopes, encourage diversity and inclusion, and achieve “Vision Zero” as part of its environmental health and safety program

DENVER–(BUSINESS WIRE)–Vantage Data Centers, a leading global provider of hyperscale data center campuses, today released its second annual Environmental, Social and Governance (ESG) Report showcasing the company’s dedication to meet its high standards for environmental stewardship, social responsibility and ethical governance. Themed “A Global Vision. Locally Adapted.,” the report details Vantage’s progress and achievements towards its goals across the company’s 29 global data center campuses amid a period of rapid growth.

“In 2022, Vantage continued to build on its unprecedented global growth, all while remaining committed to our sustainability, inclusivity and safety goals,” said Chris Yetman, chief operating officer at Vantage Data Centers. “We have a singular global vision for responsibly developing our data center campuses around the globe, a vision that is flexible to adapt to the local communities in which we operate. We’re proud of the progress that we’ve achieved to date and look forward to sharing future results with our customers, investors, employees and all stakeholders.”

In 2021, Vantage used a third party to conduct a materiality assessment that surveyed customers, investors, employees, utility providers, community representatives and local governments about their top ESG priorities. The results of this assessment provided Vantage with the foundation that shaped the goals outlined in the ESG report.

Highlights of Vantage’s 2022 ESG report include:

Environmental Stewardship

• A holistic approach to sustainability: Tackling global environmental and resource challenges while maintaining growth is a complex task. Last year, Vantage broadened its sustainability program to focus on five strategic areas: greenhouse gas (GHG) emissions, energy, water, waste and community.
• Net zero operational carbon emissions by 2030: Vantage is committed to reaching net zero carbon emissions by 2030. In 2022, the company completed its first Scope 3 emissions screening, developed a roadmap with proposed interim reduction targets and continued to refine its data collection methodology. Vantage joined more than 375 companies in signing The Climate Pledge, another strategic step in its ongoing commitment to reduce its environmental impact.
• Leveraging cleaner diesel fuel: In 2022, Vantage made renewable diesel fuel a reality, moving from an exploratory assessment period to implementing Hydrotreated Vegetable Oil (HVO) at its Cardiff campus. Vantage’s use of HVO significantly reduces its greenhouse gas emissions, delivering measurable progress towards lessening its carbon footprint. The company is currently working to expand the use of this biofuel more broadly based on availability and costs per market.

Social Responsibility

• Diverse employee affinity groups: Vantage welcomed more than 385 new team members in 2022. The company strives to make employees feel valued and heard across the globe, evidenced by its growing list of affinity groups. In 2022, Vantage added the Black Employee Network, the Mental Health and Wellbeing Network, the Muslim Employee Association and the Working Parents and Caregivers Network, alongside its existing Women’s Leadership Forum, to offer communities where employees who share a common identity or interest can connect and find support.
• Fostering the next generation of leaders: Vantage introduced a new Mentor Program with support from its Justice, Equity, Diversity and Inclusion (JEDI) Council to enable senior leaders to mentor junior team members. In addition, the voluntary JEDI Council grew by 85%, serving as a testament to the importance of DE&I initiatives.
• Giving back: Vantage is dedicated to supporting the communities in which it operates. Throughout the year, Vantage and its employees engaged with its local communities through service events, donating financial support to earthquake relief for Syria and Turkey and partnering with AFCOM to offer an intern program.

Ethical Governance

• Proactive governance and risk protections: To gain a deeper understanding of the risks associated with vendors, Vantage launched a third-party risk management (TPRM) program. Coupled with Vantage’s Executive Risk Council (ERC), which meets quarterly to identify potential risks and opportunities across five key functions critical to its strategic business goals, Vantage is making risk assessment and management a global priority.
• Global public policy: With differing laws, regulations and policies impacting energy, sustainability, land ownership, zoning, design aesthetics and taxes, public policy is critical to ensure optimal business outcomes. Last year, Vantage established a new public policy team and company-wide steering committee to advance the company’s development goals and lead community engagements.
• Prioritizing safety: With nearly four times as many construction hours logged in 2022 compared to 2021, Vantage lowered its Total Recordable Incident Rate (TRIR) from .31 to .28. The company also doubled down on its commitment to safety, launching its Vision Zero program. The “zero” in Vision Zero is the quest for ultimate safety on the job: zero incidents.

For additional information about these key insights and more, download the full 2022 ESG report here.

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 http://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