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Primaris REIT Announces Distribution for February 2023

February 8, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris REIT”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0683 per unit for the month of February, 2023, representing $0.82 per unit on an annualized basis. The distribution will be payable on March 15, 2023 to unitholders of record on February 28, 2023.

About Primaris REIT

Primaris REIT is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in dominant enclosed shopping centres in growing markets. The portfolio totals 10.9 million square feet and is valued at approximately $3.2 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris REIT is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

Contacts

For more information:
Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Tim Pire

Chair of the Board of Trustees

chair@primarisreit.com

TSX: PMZ.UN

www.primarisreit.com

The Pro Preferred Brand of Pneumatic Nailers, Metabo-HPT Canada Proudly Presents the Cordless MultiVolt System of Power Tools Where Versatility Is Key

February 8, 2023 By Business Wire

MISSISSAUGA, Ontario–(BUSINESS WIRE)–#DurabilityFirst–The Pro Preferred Brand of Pneumatic Nailers, Metabo HPT, proudly presents the expansion of the MultiVolt System that finally gives users the added versatility they want in cordless tools! Go with 18V cordless tools and nailers for everyday trade applications using a lightweight 18V battery OR double the runtime and go longer with the universally compatible 18V/36V MultiVolt battery. Go for the most power with Metabo HPT’s 36V cordless tools and nailers. Amp up with the MultiVolt battery or attach the unique AC Adapter (ET36A) for all day runtime in 36V tools, saving battery life, for even more versatility. Whatever way a user wants to go, Metabo HPT is there with one simple system that unites 18V and 36V tools with the long lasting and powerful MultiVolt battery that powers everything cordless. It’s backed by Metabo HPT’s ongoing Lifetime Lithium-Ion tool body warranty* and 2-year Lithium-Ion battery warranty.

The MultiVolt System is available nationwide at Lowe’s, Rona, Reno Depot and select independent dealers. Also available online are more specialty tool options including a Rebar Cutter/Bender, the Industry’s First Cordless Plunge Router, the Industry’s Only 36V Metal Connector Nailer and Duplex Nailer, a Deep Cut Band Saw, 10” Cordless Jobsite Table Saw and much more for professional users.

“It’s amazing to see the evolution of our game changing MultiVolt System that delivers innovation that really matters to the PRO on the jobsite,” said Joe Leffler, CEO, Metabo HPT. “With this full cordless lineup and more versatile tools coming – expect nothing but incredible innovation with durability at its core with this one system that gives end users multiple ways to GO!”

Starting February 7th – February 21st, 2023, Canadians can participate in Metabo HPT’s GO Team Green super-soft t-shirt giveaway. Just visit your local Lowe’s or Réno-Dépôt, find the Metabo HPT cordless tool display, take a selfie in front of the display. If you use Instagram, post the selfie on your page (page must be set to PUBLIC so we can find you), use #GOmetaboHPT and tag @metabohpt_canada. Or on Facebook – post the selfie in the comments section of the Metabo HPT Canada t-shirt giveaway post. That’s it! A Metabo HPT Canada representative will reach out to you on social media for your size and shipping information**. Offer valid in Canada only, while supplies last.

*Some exceptions apply- see full warranty

**Privacy Policy Please allow 8-10 weeks for processing.

Contacts

Matthew Huizenga
Metabo-HPT Canada
519 802 2820
matthewh@metabo-hpt.com

Kontrol Technologies Operating Subsidiary CEM Specialties Inc. selected by New USA Customer for Multiple Integration Projects; Enters New Growth Market for Emission Monitoring

February 7, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), operating subsidiary CEM Specialties Inc. (CEMSI) has been selected by a new USA Customer (the “Customer”) to design and integrate specialized emission technology in order to monitor Ethylene oxide in real-time. The Customer provides advanced emission technology solutions globally.

Entry into New Emission Monitoring Market

CEMSI won the opportunity based on its expertise in the regulated emission monitoring market as well as its ability to integrate highly complex emission systems which include real-time monitoring.

“This new Customer represents our entry into a growing new market for the real-time monitoring and measurement of Ethylene oxide,” says Paul Ghezzi. “Our business growth in the regulated emissions market continues and we will seek to advance further opportunities with this new Customer.”

Ethylene Oxide Emissions

The ability to monitor and quantify Ethylene oxide (EtO or EO) is central to eliminating sources and reducing long-term exposure to this hazardous air pollutant. Ambient air monitoring systems for Ethylene oxide continuously and automatically monitors and quantifies low, ambient levels of EtO. It is ideal for use in community monitoring stations and at industrial fence-lines.

According to the Environmental Protection Agency (EPA) Ethylene oxide is a flammable, colorless gas used to make other chemicals that are used in making a range of products, including antifreeze, textiles, plastics, detergents, and adhesives. Ethylene oxide also is used to sterilize equipment and plastic devices that cannot be sterilized by steam, such as medical equipment. EPA is committed to reducing risks from ethylene oxide. www.epa.gov

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com

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

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking information contained in this press releases includes, but is not limited to, the following: future ambient air monitoring solutions to be offered by Kontrol for its potential customers; future goal of monetizing carbon credits; the anticipated timing of the initial design and integration of specialized emission technology in order to monitor ethylene oxide in real-time; and any energy savings that the Company’s technology will provide for the Customer; the future success of any of Kontrol’s products; and customer demand relating to energy management.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company; that future emission technology solutions can be conducted as planned; that technology will be as effective as anticipated; that existing relationships and contracts entered into by the Company will continue on the same or similar terms, or at all; that the ability to monitor and quantify Ethylene oxide (EtO or EO) for the Customer will go as planned; and that demand will continue for energy management products and for the Company’s products in particular.

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

Contacts

Kontrol Technologies Corp.
Paul Ghezzi

CEO

info@kontrolcorp.com
601 Rowntree Dairy Road, Unit B

Vaughan, ON L4L 5T8

Tel: (905) 766.0400

SWTCH Energy and AutoGrid Partner to Integrate Multi-Tenant EV Chargers into Demand Response Programs

February 7, 2023 By Business Wire

This partnership marks the first demand response program in North America to incorporate EV chargers in multi-unit residential buildings

TORONTO–(BUSINESS WIRE)–SWTCH Energy, a company specializing in electric vehicle (EV) charging solutions for multi-tenant properties, and AutoGrid, the industry’s leading virtual power plant (VPP) and distributed energy resources management system (DERMS) provider, today announced a partnership to integrate 250 EV chargers in multi-tenant properties into an active demand response program with a Canadian utility. This partnership marks the first time that a North American utility will incorporate multi-unit residential building chargers into its demand response programs.


AutoGrid’s AI-powered Flex™ platform can process data from millions of energy assets simultaneously and subsequently forecast demand patterns, helping utilities automate distributed energy management. By tapping into this cutting-edge technology, SWTCH EV chargers that participate in AutoGrid’s demand response programs will be adjusted remotely for brief periods, helping manage demand on the electrical grid.

“In partnership with AutoGrid, we are committed to introducing and scaling innovative solutions with outsized impacts on grid reliability and efficiency,” said SWTCH CEO and Co-Founder Carter Li. “North American energy infrastructure is coming under tremendous pressure, making the introduction of turnkey, efficiency-boosting measures more important than ever. With AutoGrid’s proven experience as a leading DERMS provider, we look forward to a successful launch in Canada and a rapid expansion across North America.”

“By supporting EV adoption in multi-family properties, AutoGrid’s partnership with SWTCH taps an important source of capacity for the grid, but also expands access for consumers across the socioeconomic spectrum to participate in accelerating the energy transition,” said Amit Narayan, AutoGrid Founder and CEO. “We are excited to be part of this important milestone in striving for energy equity and climate action.”

Demand response is a technology-enabled conservation system for electric power supply; it involves shifting or shedding electricity during peak demand periods. Demand response works in two ways: price-based programs, which use price signals and tariffs to incentivize consumers to use less electricity, and incentive-based programs that pay consumers directly. As utilities pledge to cut carbon emissions, the global demand response market is expected to grow by $1.07 billion between 2020 and 2025, led by North America.

While this type of demand response program is gaining traction throughout the single-family home category, multi-tenant building assets remain an untapped resource. The partnership between SWTCH and AutoGrid sets a precedent for DERMS providers and utilities across the continent at a time when the need for energy resilience is more dire than ever.

About SWTCH Energy Inc.

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

About AutoGrid

AutoGrid accelerates the transition to renewable energy in order to combat the climate crisis. Our AI-driven software makes distributed energy resources smarter, enabling prediction, optimization, and real-time control of energy assets, including electric vehicles, batteries, roof-top solar, utility-scale wind, storage, and more. With over a decade of pioneering experience across the globe, AutoGrid offers fleet owners, energy-as-a-service companies, renewable project developers, utilities, and electricity retailers a scalable solution that enables them to build, own, operate, and participate in Virtual Power Plants. The AutoGrid Flex™ platform manages over 6,000 MW of VPPs in 17 countries. For more information, please visit: https://www.auto-grid.com/

Contacts

Media
Isabelle Hawkes

Antenna for SWTCH Energy

SWTCH@antennagroup.com

John Perry

VP, Marketing & Communications

AutoGrid

media@auto-grid.com

The Barron Team Joins The Real Brokerage in San Diego; Agent Network Surpasses 9,000 Across the U.S. and Canada

February 6, 2023 By Business Wire

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, today announced that The Barron Team, led by Emma Barron Lefkowitz and Brian Tague, has joined the company from Compass, Inc. The team’s addition brings the company’s agent count to more than 9,000.

Ranked in the top 1% of the 29,000 agents serving San Diego County, the 15-member team was Compass’ No. 1 producing team in the region for four consecutive years. The team closed more than 150 real estate transactions valued at more than $200 million in 2022. Since joining Real earlier this month, the team has signed seven new listings and has brought an additional eight transactions to escrow.

“Emma and Brian are two of the most respected agents in Southern California. They are true professionals and culture-carriers and their addition will fuel immense growth opportunities for The Real Brokerage,” said Sharran Srivatsaa, President of The Real Brokerage. “We couldn’t be more excited to welcome them and the rest of the Barron team to the Real family.”

With nearly two decades of experience, Lefkowitz founded Barron Real Estate Group with her mother, long-time real estate broker Janice Barron, in 2014. Together, they ran a team of 20+ agents and sold over 800 homes totaling nearly $1 billion. After focusing in the foreclosure and short-sale market for a number of years, they became a household name in their local markets of Scripps Ranch and Auberge at Del Sur. The Barron Real Estate Group was acquired by Compass in 2018 at which time Lefkowitz and Tague partnered to form The Barron Team. For the past four years, the team has ranked in the top 10 in all of San Diego County, and Lefkowitz was named Realtor of the Year in 2022.

“The real estate industry is rapidly changing and agents deserve a brokerage that is investing in the technology and resources that allow us to best serve our clients. The Real Brokerage is that brokerage,” said Lefkowitz.

A former naval officer, Tague began his real estate career at the Barron Real Estate Group in 2016. Over the past six years, he has developed systems and strategies to help the team become the most organized and successful agents in San Diego.

“The culture of teamwork and collaboration at The Real Brokerage is unparalleled and will enable our team to bring a new level of service to our clients. We are excited to be a part of a growing organization that puts its agents first,” said Tague.

Forward-Looking Information

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

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. 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.

About Real

The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 45 states, D.C., and three Canadian provinces with over 9,000 agents. Additional information can be found on its website at www.onereal.com.

Contacts

Investor inquiries:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Director, Communications

elisabeth@therealbrokerage.com
201.564.4221

Strategic Storage Trust VI, Inc. Acquires First Storage Facility in Edmonton, Alberta, Canada

February 1, 2023 By Business Wire

LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 50,000 square foot self-storage facility in Edmonton, Alberta, Canada with approximately 490 units. This is SST VI’s first acquisition of a Canadian facility outside Ontario, Canada.

Located at 10820 119th Street NW, the property was converted from a warehouse to self storage in 2021-2022. It features more than 460 interior climate-controlled units and serves the North Glenora, Inglewood, Prince Rupert, Central McDougall and Westmount neighborhoods. In addition to strong population density and household income demographics, there are eight post-secondary institutions within a ten-minute drive of the property.

“Expansion is one of SST VI’s keys to growth, and Edmonton presents a new frontier for our portfolio to flourish,” said H. Michael Schwartz, CEO and President of SST VI. “We are excited to bring our proven success in the Greater Toronto Area to this dynamic market and be a part of Edmonton’s thriving business community.”

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

SST VI is a Maryland corporation that elected to qualify as a REIT for federal income tax purposes. SST VI’s primary investment strategy is to invest in income-producing and growth self storage facilities and related self storage real estate investments in the United States and Canada. As of January 31, 2023, SST VI has a portfolio of 13 operating properties in the United States comprising approximately 8,660 units and 1,005,000 rentable square feet (including parking); four properties with approximately 3,900 units and 552,700 rentable square feet (including parking) in Canada; and joint venture interests in two development properties in Toronto, Ontario.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 450 self storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs. As of January 31, 2023, SmartStop has an owned or managed portfolio of 181 operating properties in 22 states and Canada, comprising approximately 124,800 units and 14.1 million rentable square feet. SmartStop and its affiliates own or manage 24 operating self-storage properties in Canada, which total approximately 20,400 units and 2.1 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Strategic Storage Trust VI, Inc. Acquires Storage Facility in Toronto, Ontario, Canada

February 1, 2023 By Business Wire

LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 104,750 square foot self-storage facility in Toronto, Ontario, Canada with approximately 1,020 interior climate-controlled units and approximately 275 parking spaces on nearly five acres of land.

Located at 1450 Don Mills Road, the property was converted from an office building to self storage in 2020. It is easily accessible from the Don Valley Parkway and Highway 401 and serves the York Mills, Don Mills and Parkwoods neighborhoods. There are more than a dozen new residential developments in construction or planning within two miles of the property.

“The area’s favorable demand dynamics, including high population growth, density and household income, are expected to provide a strong customer base and stable revenue stream for the long term,” said H. Michael Schwartz, CEO and President of SST VI. “This acquisition significantly increases our presence in Toronto and strengthens our position in the market.”

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

SST VI is a Maryland corporation that elected to qualify as a REIT for federal income tax purposes. SST VI’s primary investment strategy is to invest in income-producing and growth self storage facilities and related self storage real estate investments in the United States and Canada. As of January 31, 2023, SST VI has a portfolio of 13 operating properties in the United States comprising approximately 8,660 units and 1,005,000 rentable square feet (including parking); four properties with approximately 3,900 units and 552,700 rentable square feet (including parking) in Canada; and joint venture interests in two development properties in Toronto, Ontario.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 450 self storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs. As of January 31, 2023, SmartStop has an owned or managed portfolio of 181 operating properties in 22 states and Canada, comprising approximately 124,800 units and 14.1 million rentable square feet. SmartStop and its affiliates own or manage 24 operating self storage properties in Canada, which total approximately 20,400 units and 2.1 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Right Lane Industries Announces Agreement to Acquire the Rear Discharge Mixer Businesses of McNeilus and London Machinery Inc. from Oshkosh Corporation

February 1, 2023 By Business Wire

DODGE CENTER, Minn. & LONDON, Ontario–(BUSINESS WIRE)–Right Lane Industries (“Right Lane”) announced today that it has entered into a purchase agreement to acquire London Machinery, Inc. and the Rear Discharge Mixer business of McNeilus Truck and Manufacturing, Inc. (collectively, “RDM” or the “Business”) from Oshkosh Corporation. The acquisition, which is expected to close near the end of February, includes all rear discharge concrete mixer operations of the seller, including the iconic Bridgemaster brand, but does not include any of the McNeilus-branded refuse or front discharge mixer product lines.


The London and McNeilus brands, with 171 years of combined heritage, will continue to serve the concrete industry under the leadership of industry veteran Bob Monchamp with the existing team remaining in place. The acquisition will be seamless for customers, who will continue to interface with their existing contacts at the Business to purchase the premier concrete mixers and OEM aftermarket parts and service. RDM will continue to manufacture new products out of London, Ontario, with an R&D and support facility in Dodge Center, MN, and provide aftermarket parts to customers globally.

“The RDM Business has distinguished itself in the concrete mixer industry as a leader in quality and product innovation, and we at Right Lane are excited to partner with the existing team to continue to build upon that legacy and to deliver enhanced value to our customers over time,” said Eric Mara, CEO of Right Lane.

Bob Monchamp, who will be named President upon the closing of the acquisition, commented, “Our industry leading brands will continue to serve the concrete industry under the new ownership of Right Lane. Our team is excited to continue to support customers and drive innovation in the rear discharge market. We see tremendous opportunities for the brands with a dedicated focus on the rear discharge mixer business.”

About Right Lane Industries

Right Lane Industries is a privately-held industrial holding company focused on acquiring manufacturing and industrial services businesses for a permanent holding period. RLI is controlled and majority-owned by its management team, which allows for nimble decision making, and a long-term orientation that is driven by a desire to build great businesses. Right Lane specializes in corporate carveouts and other non-traditional buyout transactions.

Contacts

For comments or questions, please contact:

Woody Cissel, VP Corporate Development

Email: wcissel@rightlaneindustries.com
Phone: 312-766-3368

www.rightlaneindustries.com

Westlake Royal Building Products™ Launches Interactive “Immersive” Experience

February 1, 2023 By Business Wire

HOUSTON–(BUSINESS WIRE)–Westlake Royal Building Products™ has introduced the Immersive Experience – an online 3D interactive program designed to showcase exterior products from all Westlake Royal brands. The Immersive Experience invites participants to explore product, color and texture options for enhancing the exteriors of three unique homes with different price points and six different color schemes per house.

Contractors, builders, architects and homeowners can discover the boundless array of materials and expressive color palettes available from Westlake Royal Building Products as they explore the Custom Home, Mid-Range Home and Multi-Home Builder designs. The program begins with an avatar introduction, providing an overview of each home and product selections where users can interact and select key hotspots to learn about product details and color options. Easily travel around the front and rear elevations of the home, engaging with different interactive features along the way.

“Immersive shows how our family of brands work together to meet any home demand,” said Steve Booz, vice president, marketing, Westlake Royal Building Products. “We developed this interactive program to inspire and educate people on how multiple surface changes work together to create boundless opportunities for customizing home exteriors with our vast array of products.”

Three Unique Home Designs

On the Custom Home exterior, the six schemes feature roofing from DaVinci® Roofscapes, TruExterior® Siding and Trim, Eldorado Stone® and Cultured Stone® sidewall treatments, Zuri® Premium Decking and Kindred® outdoor elements. The textures and colors amplify the designs and elevate the senses.

For the Mid-Range Home exterior, Unified Steel™ Stone Coated Roofing and Newpoint™ Concrete Roof Tile options are highlighted, plus Celect® Cellular Composite Siding and Trim and Cedar Renditions™ aluminum siding. Versetta Stone® sidewall treatments, Zuri decking, Kindred outdoor elements and Atlantic Premium Shutters® help transform the home with boundless designer options.

The Multi-Home Builder exterior features Newpoint™ Concrete Roof Tile, Foundry® and Royal® Estate™ siding, plus Versetta Stone sidewall treatment. Mid-America® shutters, Royal Trim and Kindred outdoor materials complete the home tour options.

Boundless Color Options

Coordinating the color palettes for the six schemes on each home required the special talents of Kate Smith, chief color maven at Sensational Color. Using the broad color offering available from each brand, Smith found palettes that harmonized across all products to create enticing schemes meeting the demands of today’s homeowners.

“There were boundless color options to select from within the Westlake brands,” said Smith. “According to the national and regional color trends I’ve researched, we came up with colors and styles that consumers currently find most desirable.

“These include contemporary dark primary colors like black, charcoal and gray. Then there’s a crisp, white modern farmhouse palette. We also relied on some classic color combinations plus timeless neutrals that shine on their own or can coordinate with the brick or stonework on the home designs.”

According to Smith, each Westlake brand had a broad color offering, making it easy to find palettes that harmonize across the products. “One of my favorites is the combination of the Newpoint Saxony Slate in Cheyenne on the Multi-Home Builder,” said Smith. “When paired with the Versetta Stone in Plum Creek, the roof and stonework together work beautifully to set off against the updated deep primary and door colors.”

“Another favorite is the DaVinci Province Slate in the European blend of colors on the Custom Home. When matched with the Eldorado Stone Ledge in Whitecap with the white, pale gray and black, it’s an elegant combination that any homeowner would love.”

Hands-On Resource

The Immersive site (www.WRBPimmersive.com) is the single-source inspirational site for building industry professionals to gain insights into the limitless array of products available from Westlake Royal Building Products.

“As you select different roof options with stone sidewalls and trim, you can quickly see how products enhance a home design,” said Booz. “We’re making boundless happen. With our wealth of building products that take every architectural style to the next level, the Immersive tool shows how we give visions dimension.”

The three home designs used in the Immersive Experience appeal to different needs of builders. The Custom and Mid-Range Homes were created by BSB Design out of Charlotte, North Carolina. The Multi-Home Builder design concept comes from Larry Garnett Designs out of Glen Rose, Texas.

About Westlake Royal Building Products

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

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

Contacts

Wendy Bruch

913-599-0766

wbruch@davinciroofscapes.com

Kontrol Technologies Selected by New City Customer for Net Zero Emission and Climate Action Platform

February 1, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities through IoT, Cloud and SaaS technology, has been selected by an Ontario based city (the “Customer”) to deliver a Net Zero Emission and Climate Action plan. Kontrol won the new Customer through a competitive bid process.

Continued Growth in the Public Sector

“We continue to execute on our growth in the public sector with another important win for our Net Zero Emission solutions,” says Paul Ghezzi, CEO of Kontrol Technologies. “Through a lengthy and detailed process, we were able to demonstrate our value proposition against much larger competitors.”

With hundreds of buildings under management, the Customer has a goal of advancing their target of net zero emissions by 2030. For industry competitive purposes the Customer will not be named.

“To accelerate decarbonization and net zero emissions, existing buildings will need to implement upgrades and improvements including energy efficiency upgrades and the generation and storage of carbon-free renewable energy,” continues Ghezzi.

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com.

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

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may,” “will,” “expect,” “likely,” “should,” “would,” “plan,” “anticipate,” “intend,” “potential,” “proposed,” “estimate,” “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking information contained in this press releases includes, but is not limited to, the following: future Carbon solutions to be offered by Kontrol for its potential customers; future goal of monetizing carbon credits; the anticipated timing of the initial design, feasibility, implementation, and potential carbon credit monetization of the Company’s Net Zero emissions solution; installation of and energy savings that the Company’s technology will provide for the Customer; the future success of any of Kontrol’s products; and customer demand relating to energy management.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company; that future Carbon solutions can be conducted as planned; that technology will be as effective as anticipated; that existing relationships and contracts entered into by the Company will continue on the same or similar terms, or at all; that the anticipated timing of implementing the Net Zero emissions solution and energy saving design for the Customer will go as planned; and that demand will continue for energy management products and for the Company’s products in particular.

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

Contacts

Kontrol Technologies Corp.
Paul Ghezzi

CEO

info@kontrolcorp.com
601 Rowntree Dairy Road, Unit B

Vaughan, ON L4L 5T8

Tel: (905) 766.0400

Slate Office REIT Announces Results of Meeting of Holders of Its 5.25% Convertible Unsecured Subordinated Debentures

January 30, 2023 By Business Wire

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 holders (the “Debentureholders”) of its 5.25% convertible unsecured subordinated debentures, due February 28, 2023 (the “Debentures”), have adopted an extraordinary resolution (the “Extraordinary Resolution”) to approve the implementation of certain amendments to the terms of the Debentures (the “Amendments”) at a meeting of the Debentureholders held on January 27, 2023 (the “Meeting”).

The adoption of the Extraordinary Resolution was overwhelmingly supported by the Debentureholders at the Meeting, with the adoption being approved by holders of approximately 89% of the outstanding principal amount of the Debentures in attendance at the Meeting.

The Amendments approved by the Debentureholders at the Meeting will: (i) increase the interest rate of the Debentures from 5.25% to 9.00%, effective February 28, 2023; (ii) decrease the conversion price of the Debentures from $10.53 per trust unit of the REIT (each, a “Unit”) to $5.50 per Unit; (iii) extend the maturity date of the Debentures from February 28, 2023 to February 28, 2026; and (iv) provide that the Debentures are not redeemable prior to February 28, 2025 and, at any time after February 28, 2025, the REIT will be permitted to redeem the amended Debentures, in whole or in part at a price equal to the principal amount thereof plus accrued and unpaid interest to, but excluding, the date of the redemption. The Amendments are described in detail in the REIT’s consent and proxy solicitation statement dated December 29, 2022, and available on the REIT’s SEDAR profile at www.sedar.com.

The Amendments will be implemented by way of a supplemental indenture to be entered into by the REIT and TSX Trust Company, as trustee for the Debentures (the “Supplemental Indenture”), which is expected to occur prior to February 28, 2023. Once entered into, the Supplemental Indenture will be filed on SEDAR under the REIT’s profile at www.sedar.com in accordance with applicable securities laws.

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-SA

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

Slate Grocery REIT Announces Normal Course Issuer Bid

January 30, 2023 By Business Wire

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 has received approval from the Toronto Stock Exchange (the “TSX”) to commence a normal course issuer bid (the “NCIB”), effective as at the open of markets on February 1, 2023, to repurchase for cancellation up to 5,655,086 class U units of the REIT (the “Class U Units”) or approximately 10% of the public float of 56,550,865 Class U Units as of January 18, 2023.

As of January 18, 2023, 60,204,475 Class U Units were outstanding. The REIT may purchase Class U Units for cancellation over the 12-month period commencing February 1, 2023 and ending on January 31, 2024. Any purchases under the NCIB will be made through the facilities of the TSX and/or through other permitted means, including through one or more alternative Canadian trading systems, and in accordance with applicable regulatory requirements at the prevailing market price on the TSX or the applicable alternative Canadian trading system at the time of purchase or such other price as may be permitted by the TSX at the time of acquisition.

Subject to certain prescribed exemptions and any block purchase made in accordance with the rules of the TSX, the number of Class U Units that can be purchased pursuant to the NCIB is subject to a daily maximum of 22,736 Class U Units, or approximately 25% of the average daily trading volume during the period from July 1, 2022 to December 31, 2022 (being 90,947 Class U Units per day). The actual number of Class U Units which may be purchased (if any), and the timing of any such purchases, will be determined by the REIT. Any Class U Units purchased under the NCIB will be cancelled following purchase. The REIT intends to fund the purchases of Class U Units under its NCIB out of the general funds of the REIT.

Management believes it is prudent to have numerous capital allocation strategies available to it. Management may determine that using the NCIB to return capital to its unitholders at a particular time is in the best interest of the REIT, which will increase unitholder value, and that such purchases constitute a desirable use of the REIT’s funds.

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 US$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-Fin

Contacts

Investor Relations

+1 416 644 4264

ir@slateam.com

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