The new exhibit opens June 23 and celebrates the rich heritage of Hastings Street

VANCOUVER, British Columbia–(BUSINESS WIRE)–Chinatown Storytelling Centre, an initiative by the Vancouver Chinatown Foundation, is opening a new exhibit titled Neighbours: From Pender to Hastings. The exhibit coincides with the opening of the Foundation’s innovative community housing development Bob & Michael’s Place (formerly known as 58 West Hastings), and celebrates the rich heritage of Hastings Street and its close ties to Chinatown. The exhibit will be held in the lobby of the Chinatown Storytelling Centre from June 23, 2024 to March 2025.

Neighbours: From Pender to Hastings features inspiring stories and rare archival photographs showcasing the unique intercultural relationships and resilient community spirit that once thrived between Pender and Hastings Streets. Iconic businesses such as Woodwards, Army & Navy, M. Furuya Company, Odeon Hastings Theatre, and Wosk’s will be highlighted, along with their role in welcoming their “Chinese friends.”

“The exhibit is a celebration of the launch of Bob & Michael’s Place. We wanted an exhibit that situated this project within the rich history of the neighbourhood, with a particular focus on the community’s resilient spirit and diversity,” said Carol Lee, Chair of the Vancouver Chinatown Foundation. “The goal of the exhibit is to shine a light on the important cultural legacy of Hastings Street and to envision its bright future, especially with the opening of Bob & Michael’s Place as a transformative moment for the neighbourhood.”

Visitors will get an exclusive look at Bob & Michael’s Place, which provides 231 new affordable housing units and brings together multiple levels of government support, including BC Housing, Canada Mortgage and Housing Corporation and the City of Vancouver. It will also house the Lily Lee Community Health Centre, a 50,000-square-foot integrated health centre operated by Vancouver Coastal Health (VCH) that will provide critical resources and accessible health care to support the unique needs of Chinatown and DTES residents.

The exhibit will also feature celebrated Vancouver artist Stan Douglas’ Every Building on 100 West Hastings. Douglas photographed each building on the 100 block of West Hastings Street and composited the individual prints to merge the perspectives into one monumental panorama. The piece retains the memory of the vibrant and diverse neighbourhood surrounding Bob & Michael’s Place, informing the artist’s decision to donate this work to the Vancouver Chinatown Foundation’s 58WH Art Project to support the groundbreaking housing project.

Neighbours: From Pender to Hastings is lovingly supported by Lily Lee and Yoshi Karasawa, the wives of Bob & Michael.

For more information on Neighbours: From Pender to Hastings, visit www.chinatownstorytellingcentre.org

About Vancouver Chinatown Foundation:

The Vancouver Chinatown Foundation is a registered charity dedicated to the revitalization of Chinatown, one of Canada’s most iconic neighbourhoods. The Foundation aims to build resilient and inclusive communities by promoting the well-being of those in need while preserving Chinatown’s irreplaceable cultural heritage. Learn more at chinatownfoundation.org.

About the Chinatown Storytelling Centre:

The Chinatown Storytelling Centre, a project of the Vancouver Chinatown Foundation, celebrates the power of stories in building community and understanding. Through storytelling, the Centre honours the sacrifices made by previous generations and encourages intergenerational dialogue to inspire resolve in current and future challenges.

Call for Exhibit Sponsorship:

The Chinatown Storytelling Centre is seeking a presenting sponsor for this unique exhibition. For a contribution of $35,000, the sponsor will receive name/logo recognition on the exhibit wall and all marketing materials, as well as a few minutes to provide remarks at the opening event.

Media Assets

Folder here.

Contacts

Media
Emily Larman

Talk Shop Media

emily.larman@talkshopmedia.com

Survey Also Finds Increasing Adoption of Generative AI Among Real Estate Agents

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX, “Real”), the fastest-growing, publicly traded real estate brokerage, today released results from its May 2024 Agent Survey. The survey indicates agents’ continued optimism despite a predicted decline in North American home sale transactions during the month of May.

“While affordability challenges persist, it is promising to see our Agent Optimism Index remain in positive territory, reflecting agents’ confidence in the future,” said Tamir Poleg, Chairman and CEO of Real. “Real is committed to equipping our agents with advanced technology, comprehensive resources and a collaborative culture to thrive in any market condition.”

“As one of the first real estate technology companies to deploy a proprietary artificial intelligence (AI) layer for agents, we are excited that over 80% of agents are actively using AI to power their businesses or planning to learn,” remarked Sharran Srivatsaa, President of Real. “We will continue to lead the industry with cutting-edge technology solutions to make our agents’ lives easier and to deliver differentiated value to their clients.”

Key Findings:

• Agent Optimism Index Declines but Remains Positive: At the end of May 2024, agents were asked, “Compared to one month ago, are you more optimistic or pessimistic about the outlook for your primary market over the next 12 months?” Among the respondents, 39% felt more optimistic and an additional 9% felt significantly more optimistic, outweighing the 16% who felt more pessimistic and 3% who felt significantly more so.

  The average response resulted in a weighted index reading of 59.0 on a 0-100 scale, with scores above 50 reflecting a positive outlook. This compares to 63.6 in April, indicating a month-over-month decline in optimism. The decline was more pronounced in the U.S. (down 4.9 points to 57.9) than in Canada (down 2.5 points to 68.9).
  

• Sellers Losing Negotiating Power as More Agents View Market Dynamics in Balance: When asked “Would you consider your primary market to be a buyer’s market, seller’s market or balanced market?”, approximately half (49%) of agents noted sellers have the upper hand, a 12 point month-over-month decline from the April survey. One third (33%) of agents viewed their markets as balanced, with neither buyers nor sellers having an advantage, up from 23% of agents in April. Approximately 18% of agents believed buyers hold the upper hand in their markets, up from 16% in April.

• Total North American Home Sale Industry Transactions Expected to Decline Year-over-Year in May: Agents were asked, “In your primary market, how would you describe the number of transactions closed in May 2024 compared to May 2023?” The average response resulted in a weighted index reading of 45.7 on a 0-100 scale, suggesting an aggregate decline in industry transactions across the U.S. and Canada in May 2024 compared to May 2023. The U.S. home sales market saw a decrease, offset by an increase in Canada. May’s index reading of 45.7 compares to April’s 49.9 level, and marked the lowest monthly index reading so far in 2024.
  • U.S. Agents Notice a Pullback in Transactions During May: Agents observed a decline in the total number of U.S. home sale transactions in May 2024 compared to May 2023, as May’s U.S. index reading of 44.8 declined from 50.2 in April.

  • Canada Activity Rebounded in May: Agents in Canada signaled modest year-over-year growth in their respective regions, with the overall Canadian weighted index rebounding to 54.4 in May from 46.4 in April.
    

• Affordability Challenges More Impactful than Inventory Constraints: The majority of agents surveyed (59%) cited affordability/mortgage rates as the biggest challenge for prospective home buyers, followed by a lack of inventory (25%), economic uncertainty (8%) and buyer competition (6%). Notably, May marked the lowest month for “Inventory” as a percent of responses so far this year, and the highest month for “Affordability”.

• Majority of Agents Expect Home Prices to Continue to Rise Over the Next 12 Months: Over half (58%) of agents expect home prices to rise over the next 12 months, compared to 28% who expect home prices to remain stable, and 14% who expect home prices to decline.
  

• Half of Agents Using Generative Artificial Intelligence (AI) With Advertising the Most Common Use Case: Approximately 50% of agents reported using generative AI in their daily business activities, compared to 18% who do not use AI, and 31% who do not utilize AI but would like to learn. Among those who currently use generative AI tools, the most common use case is writing text copy for listings and advertisements (86%), followed by the creation of marketing assets (70%), technical support (34%), responding to client inquiries (31%), managing client relationships via customer relationship management systems (30%), and analyzing real estate market trends (22%). Notably, only 9% of agents currently use AI to aid in pricing strategies and predictive analytics, suggesting an opportunity to develop more AI-powered real estate pricing tools.

An infographic including key survey takeaways can be found on Real’s investor relations website or by following the link here.

About the Survey

The Real Brokerage May 2024 Agent Survey included responses from over 400 real estate agents across the United States and Canada and was launched in the last week of May 2024. Responses to questions regarding transaction growth and agent optimism were calibrated on a 0-100 point index scale, with readings above 50 indicating an improving trend, whereas readings below 50 indicate a declining trend. Responses are meant to capture industry-level information and are not meant to serve as an indication of Real’s company-specific growth trends. Additionally, given the smaller sample size, there can be greater variability in Canada index results on a month-to-month basis.

About Real

Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence in all 50 states throughout the U.S. and Canada, Real supports over 19,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses.

Forward-Looking Information

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

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 and economic and industry downturns. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Contacts

Investor inquiries, please contact:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

press@therealbrokerage.com
201.564.4221

DALLAS–(BUSINESS WIRE)–AECOM (NYSE:ACM), the world’s trusted infrastructure consulting firm, today announced it will serve as Lead Designer for the Washington State Department of Transportation’s (WSDOT) SR 520 Portage Bay Bridge and Roanoke Lid Project, as part of a design-build team led by Skanska. The project calls for replacing the existing Portage Bay Bridge and creating a landscaped lidded segment in Seattle’s North Capitol Hill neighborhood. Once complete, commuters across Lake Washington and through the SR 520 corridor will have access to new ramps, seismically resilient structures and improved connections to transit, local streets, and local and regional shared-use trails.

“We are excited to continue building on our decades-long relationship with the WSDOT, supporting the critical infrastructure needs of one of the Puget Sound region’s busiest highway corridors,” said Matt Crane, chief executive of AECOM’s U.S. West region. “Our industry-leading experience spans every type of highway and bridge project, including several of the world’s largest design-build projects. AECOM is committed to support the program’s goal of creating safer travel and improving mobility, aligning with our core mission of delivering a better world.”

In this role, AECOM will oversee the technical design of two new parallel bridges – one for eastbound traffic and the other for westbound – that replace the 1960s-era Portage Bay Bridge with a seismically stronger structure. The project also will build a landscaped lid over SR 520 between 10th Avenue East and Delmar Drive East and improve regional mobility by completing the SR 520 Program’s transit & HOV enhancements between Redmond and Seattle.

“This vital project will not only improve mobility along one of Washington State’s most congested routes but support new, vibrant public spaces thanks to its innovative lid design,” said Mark Southwell, chief executive of AECOM’s global Transportation business. “Our team will leverage their integrated expertise across the built environment to meet the project’s holistic objectives, supporting both improved mobility and a connected, livable local community.”

The eastbound bridge will extend the regional bicycle and pedestrian SR 520 Trail across Portage Bay, connecting to the city of Seattle’s non-motorized trail network. Construction of the landscaped lid over the highway will create nearly three-acres of recreational open space and reconnect communities that were severed by the original construction of SR 520.

About AECOM

AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $14.4 billion in fiscal year 2023. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

Forward-Looking Statements

All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; potential government shutdowns or other funding circumstances that may cause governmental agencies to modify, curtail or terminate our contracts; losses under fixed-price contracts; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs, geopolitical events, and conflicts; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; managing pension costs; AECOM Capital real estate development projects; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and result in any future proceeds owed to us as part of the transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.

Contacts

Media Contact:

Brendan Ranson-Walsh

Senior Vice President, Global Communications

1.213.996.2367

Brendan.Ranson-Walsh@aecom.com

Investor Contact:

Will Gabrielski

Senior Vice President, Finance, Treasurer

1.213.593.8208

William.Gabrielski@aecom.com

Company’s deep expertise in supporting cross-border transactions combined with parent company’s U.S. offerings can help facilitate and close most complex and ambitious deals

OAKVILLE, Ontario–(BUSINESS WIRE)–FCT, the leading national service provider in real estate technology and title insurance, today announced it has broadened its capabilities to help facilitate and close cross-border real estate transactions to include multi-location deals valued over $1 billion.

The expanded capabilities build on FCT’s 20-year history of supporting cross-border transactions and increasing collaboration with First American Title Insurance Company, the largest subsidiary of FCT’s U.S.-based parent company First American Financial Corporation. The firms’ joint capabilities can help clients navigate the complexities of closing even the largest real estate transactions across international jurisdictions.

“Given our deep expertise in closing and insuring large, complex commercial real estate transactions in Canada and First American Title’s U.S. capabilities, FCT is uniquely positioned to help facilitate and close the most intricate and ambitious transactions,” said Michael LeBlanc, CEO at FCT. “Our team’s unwavering dedication to providing top-tier service empowers our customers to navigate multifaceted international transactions with confidence.”

For example, FCT and First American Title provided transaction support and title insurance for a $1.3 billion, multi-location cross-border industrial real estate purchase by a U.S. entity.

“FCT’s local, Canadian experts provide an advantage to our customers when they’re looking at a cross-border transaction, helping deliver smooth closings,” said Joe Ghilardi, president of First American Title’s National Commercial Services division. “Given we’re sister organizations under the same parent company, our customers also benefit from the natural synergies and added efficiency we’re able to bring to their cross-border deals.”

To learn more about FCT’s commercial real estate practice, please visit: https://fct.ca/legal-professionals/commercial-title-insurance-realtor/.

About FCT

Based in Oakville, Ontario, FCT has over 1,200 employees across the country. FCT provides industry-leading title insurance, default solutions and other real estate-related products and services to approximately 450 lenders, 43,000 legal professionals and 5,000 recovery professionals, as well as real estate agents, mortgage brokers and builders, nationwide.

The Great Place to Work® Institute has named FCT one of Canada’s Best Workplaces for nine consecutive years (2015-2023) and certified FCT as a Great Place to Work. In 2023, FCT’s parent company, First American Financial Corporation, was named one of the 100 Best Companies to Work For and one of the Best Workplaces for Women™ by Great Place to Work® and Fortune magazine, each for the eighth consecutive year respectively. For more information on FCT, please visit the company website at www.fct.ca.

Contacts

Jacquie Alford

Senior Communications Manager

905.483.4568

jaalford@fct.ca

TORONTO–(BUSINESS WIRE)–Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of June 2024. The distribution will be paid by Granite on Monday, July 15, 2024 to stapled unitholders of record at the close of trading on Friday, June 28, 2024.

Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of June 28, 2024, pursuant to United States Treasury Regulation Section 1.1446-4.

ABOUT GRANITE

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 143 investment properties representing approximately 63.3 million square feet of leasable area.

OTHER INFORMATION

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

Contacts

Teresa Neto

Chief Financial Officer

647-925-7560

or

Andrea Sanelli

Associate Director, Legal & Investor Services

647-925-7504

TORONTO–(BUSINESS WIRE)–RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.25 cents per unit for the month of June. The distribution will be payable on July 8, 2024, to unitholders of record as at June 28, 2024.

About RioCan

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at March 31, 2024, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan’s interest) including office, residential rental and nine development properties. To learn more about us, please visit www.riocan.com.

Contacts

RioCan Contact
Kim Lee

Vice President, Investor Relations

(416) 646-8326

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its June 2024 monthly distribution of 8.333 cents ($1.00 annualized) per REIT Unit, Series A (“REIT A Units”). The June distribution will be payable on July 15, 2024 to unitholders of record as at June 28, 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

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its June 2024 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The June distribution will be payable on July 15, 2024 to unitholders of record as at June 28, 2024.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at March 31, 2024, Dream Industrial REIT owns, manages and operates a portfolio of 330 industrial assets (550 buildings) comprising approximately 71.8 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to deliver strong total returns to its unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by its high-quality portfolio and an investment grade balance sheet. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

For further information, please contact:

DREAM INDUSTRIAL REIT

Alexander Sannikov

President and Chief Executive Officer

(416) 365-4106

asannikov@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Brooke Laizure, Owner of Whirlwind Roofing & Construction earns top honor

HERNDON, Va.–(BUSINESS WIRE)–$becn #Ambition2025—Beacon (Nasdaq: BECN) announced today that Brooke Laizure, Owner of Whirlwind Roofing & Construction (Whirlwind) in Bixby, Oklahoma, is the winner of the 2024 North American Female Roofing Professional of the Year campaign, which highlights women in the roofing industry across the U.S. and Canada. Whirlwind specializes in residential roofing replacement, repair and restoration and is proudly family-owned and operated.

Brooke is a founding member of the National Women in Roofing (NWIR) and chairs the NWIR Oklahoma Council, which she co-founded in 2019. Through NWIR, she is involved in Build My Future, a one-day construction career day for high school students in Tulsa and Oklahoma City, Oklahoma, offering them hands-on exhibits from organizations in the skilled trades. She also supports Women Accessing Non-Traditional Trades and is a member of the American Indian Chamber of Commerce. She has served as an Oklahoma Roofing Contractors Association (ORCA) board member and is passionate about her own education, earning Xactimate Level 3 Certification. Whirlwind is also a Fortified™ Home designated roofing company.

“We launched this campaign to recognize females in roofing four years ago and were thrilled with the nearly 3,000 entries we received this year highlighting women throughout North America who are dedicated to their career, the industry, and their communities,” said Jennifer Lewis, Beacon’s Vice President, Communications & Corporate Social Responsibility. “It’s a privilege to acknowledge Brooke for her exceptional work ethic and commitment to empowering women. Her impressive achievements and dedication to uplifting other women led to her recognition as North American Female Roofing Professional of the Year.”

“I am incredibly grateful and humbled to accept this award from Beacon Building Products and thankful for the support I have received from my family, friends, and peers,” said Laizure. “Being named the North American Female Roofing Professional of the Year goes beyond personal accomplishment; it’s a celebration of empowerment in an industry where women continue to break barriers and redefine what it means to be a professional roofing contractor. I hope my story inspires other women to pursue their passions and make a difference in the industry.”

From March 8^th through April 10^th, Beacon solicited nominations of outstanding female roofing professionals. Beacon opened voting to the public from May 15^th through June 5^th. The other top four finalists were:

• Millie Hindes – Watergate Roofing, Indianapolis, Indiana
• Sarah Lechowich – True North Roofing, Cottage Grove, Minnesota
• Tomie Kay Morse – Morse Home Improvement, Dagsboro, Delaware
• Melanie Knox – Restoration Builders, Round Rock, Texas

Honorable Mentions went to:

• Stephanie Baird, Bliss Roofing, Happy Valley, Oregon
• Tori Bobbs, Poseidon Roofing, LLC, Fort Myers, Florida
• Gina Farese, Marcor Construction, West Babylon, New York
• Heather Hitchcock, Royal Roofing, Deer Park, Texas
• Stacy Lytton, Horch Roofing, Warren, Maine
• Katelyn Reynolds, Property Masters, Pendleton, Indiana
• Madelyn Smith, House Works of America, Columbia, South Carolina
• Sarah Wilis, WxTite, Greensboro, North Carolina

To learn more about Beacon’s annual Female Roofing Professional of the Year program, the finalists, and the program rules, visit: go.becn.com/femaleroofpro.

About Beacon

Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of building products, including roofing materials and complementary products, such as waterproofing. The company operates over 560 branches throughout all 50 states in the U.S. and 7 provinces in Canada. Beacon serves an extensive base of nearly 100,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT®, and has a proprietary digital account management suite which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit www.beacon-canada.com

Contacts

INVESTOR CONTACT
Binit Sanghvi

VP, Capital Markets & Treasurer

Binit.Sanghvi@becn.com
972-369-8005

MEDIA CONTACT
Jennifer Lewis

VP, Communications and CSR

Jennifer.Lewis@becn.com
571-752-1048

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

TORONTO–(BUSINESS WIRE)–#valueforgenerations–Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of June, 2024 of $0.063333 per trust unit, representing $0.76 per trust unit on an annualized basis, payable on July 15, 2024 to Unitholders of record at the close of business on June 28, 2024.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

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

Contacts

Mario Barrafato

Chief Financial Officer

Choice Properties REIT

(416) 628-7872

Mario.Barrafato@choicereit.ca

Reflects $2.8 billion upsize in capital raise to support global hyperscalers in meeting unprecedented cloud and AI demand

Total of $11 billion raised over past nine months to drive $30 billion in data center development

DENVER, & BOCA RATON, Fla., & MENLO PARK, Calif.–(BUSINESS WIRE)–Vantage Data Centers, a leading global provider of hyperscale data center campuses, has completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), the leading global alternative asset manager dedicated to investing in digital infrastructure, and Silver Lake, the global leader in technology investing.

The capital raise was significantly oversubscribed and upsized by $2.8 billion with participation from multiple global investors, bringing the completed investment to $9.2 billion. Together with the €1.5 billion investment by Australian Super announced in September 2023, aggregate new investment in Vantage over the past nine months totals approximately $11 billion, of which more than $7 billion is primary equity. Primary proceeds will be used to fund Vantage’s growth across North America and EMEA, accelerating and extending the company’s strategic capabilities to partner with global hyperscalers in meeting unprecedented cloud and AI demand.

Vantage has grown in recent years to own or control more than 25 sites in North America and EMEA totaling over three gigawatts of expected capacity. As part of the company’s investment plan, the new funding is expected to accelerate further growth by driving an estimated $30 billion of additional development, extending Vantage’s track record of bringing market leading capacity and innovative solutions to customers around the world. In connection with the investment, Vantage will continue its development of next-generation data centers, including energy-efficient and sustainable designs purpose-built for AI and large-scale cloud deployments.

“It’s exciting to experience such strong investor demand to fuel our unprecedented growth across North America and EMEA,” said Sureel Choksi, president and CEO of Vantage. “The confidence that DigitalBridge, Silver Lake and other investors have in Vantage and our ability to execute, as evidenced by an investment round that was significantly oversubscribed, is a testament to our team’s track record of delivering for our customers. This new funding from the world’s leading digital infrastructure and technology investors, along with numerous co-investors, is a game changer that uniquely positions Vantage to capitalize on the incredible AI and cloud opportunity in front of us.”

“DigitalBridge is excited to continue its support of Vantage, a proven infrastructure partner for the world’s top cloud and technology platforms,” said Jon Mauck, senior managing director at DigitalBridge, who leads the company’s data center investment strategy. “This investment allows Vantage to further accelerate the development of next generation infrastructure to support the continued adoption of cloud and AI technologies.”

“Our conviction in Vantage’s leadership in developing and delivering next generation capacity for the world’s most significant hyperscalers has never been greater, and we are thrilled to be joined by an elite group of investors in this important partnership,” said Greg Mondre, co-CEO and managing partner, and Lee Wittlinger, managing director, of Silver Lake.

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.

About DigitalBridge Group, Inc.

DigitalBridge Group, Inc. (NYSE: DBRG) is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells and edge infrastructure, the DigitalBridge team manages $80 billion of infrastructure assets on behalf of its limited partners and shareholders. Headquartered in Boca Raton, DigitalBridge has key offices in New York, Los Angeles, London, Luxembourg and Singapore.

For more information, visit https://www.digitalbridge.com.

About Silver Lake

Silver Lake is a global technology investment firm with approximately $103 billion in combined assets under management and committed capital and a team of professionals based in North America, Europe and Asia. Silver Lake’s portfolio companies collectively generate nearly $248 billion of revenue annually and employ approximately 506,000 people globally.

For more information, visit https://www.silverlake.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and may cause actual results to differ significantly from those expressed in any forward-looking statement. Factors that might cause such a difference include the impact of AI and related technologies on the demand for and development of digital infrastructure, plans for capital deployment by Vantage, and other risks and uncertainties, including those detailed in DigitalBridge’s Annual Report on Form 10-K for the year ended December 31, 2023, Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, and its other reports filed from time to time with the U.S. Securities and Exchange Commission. All forward-looking statements reflect DigitalBridge’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. DigitalBridge cautions investors not to unduly rely on any forward-looking statements. The forward-looking statements speak only as of the date of this press release. DigitalBridge is under no duty to update any of these forward-looking statements after the date of this press release, nor to conform prior statements to actual results or revised expectations, and DigitalBridge does not intend to do so.

Contacts

Mark Freeman

Vantage Data Centers

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

Robin Bectel

REQ for Vantage Data Centers

vdc@req.co
+1-703-244-2242

Jon Keehner / Sarah Salky

Joele Frank, Wilkinson Brimmer Katcher for DigitalBridge

dbrg-jf@joelefrank.com
+1-212-355-4449

Jennifer Stroud

Edelman Smithfield for Silver Lake

jennifer.stroud@edelmansmithfield.com
+1-646-565-1792

Based on employee feedback, LP ranks among top workplaces for company culture and employee engagement

NASHVILLE, Tenn.–(BUSINESS WIRE)–LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced that it has been recognized for the third consecutive year as a winner of the Top Workplaces of Middle Tennessee Award by The Tennessean, the state’s largest newspaper and a member of the USA Today Network.

“At LP, we are dedicated to cultivating an engaged, diverse and talented workforce because our greatest strength is our people,” said LP Chair and CEO Brad Southern. “Being recognized as one of the Top Workplaces in Middle Tennessee is particularly meaningful because it is based entirely on employee feedback, reflecting our team members’ true opinions of LP. I am thankful for their dedication and passion for our mission, as they consistently learn, grow and innovate.”

The Top Workplaces Award is determined by employee feedback collected through a confidential survey conducted by Energage for The Tennessean. This survey assesses the employee experience across various dimensions, such as feeling respected and supported, opportunities for growth, and empowerment to perform their roles.

LP’s scores, reflecting employee motivation, commitment to staying with the company, and willingness to recruit others, surpassed the industry average for engagement. LP excelled in the following categories:

• Execution — LP operates efficiently
• Values — LP upholds strong values
• Opinions Valued — Managers care about employees’ opinions and concerns

LP cultivates a strong company culture by investing in team member development programs, offering competitive compensation and benefits packages, ensuring a safe and inclusive work environment, and engaging in community outreach.

“Earning a Top Workplaces Award is a badge of honor for companies, especially because it comes authentically from their employees,” said Energage CEO Eric Rubino. “In today’s market, leaders must ensure that they’re allowing employees to have a voice and be heard. That’s paramount. Top workplaces do this, and it pays dividends.”

To see the full list of 2024 Top Workplaces winners, visit The Tennessean.

About LP Building Solutions

As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP’s extensive portfolio of innovative and dependable products includes Siding Solutions (LP^® SmartSide^® Trim & Siding, LP^® SmartSide^® ExpertFinish^® Trim & Siding, LP BuilderSeries^® Lap Siding and LP^® Outdoor Building Solutions™), LP^® Structural Solutions (LP^® TechShield^® Radiant Barrier, LP WeatherLogic^® Air & Water Barrier, LP Legacy^® Premium Sub-Flooring, LP^® FlameBlock^® Fire-Rated Sheathing, LP NovaCore^® Thermal Insulated Sheathing and LP^® TopNotch^® 350 Durable Sub-Flooring) and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 22 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.

Contacts

615-986-5886

Media.Relations@lpcorp.com