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 Platinum Group Real Estate Team, a highly successful team serving the Mid-Atlantic region, is joining its growing network of agents. The team’s addition brings Real to over 8,000 agents serving the U.S. and Canada.

Platinum Group was founded by Karen Cooper and Vicky Noufal and has closed more than $1 billion in real estate transactions since it was founded in 2015. With nearly 40 years of combined real estate experience serving Virginia, Maryland and Washington, D.C., Cooper and Noufal sought to build a team that emphasized the strengths of more experienced agents. The team’s 26 agents average over nine years in the industry and successfully closed approximately $250 million in real estate transactions within the last year.

Made up almost exclusively of women, supporting women’s growth is one of the team’s most foundational values. Cooper is the Founder and Chief Executive Officer of Empowering Women in Real Estate^®, a community of over 31,000 women nationwide, and the host of Empowering Women in Real Estate^® – The Podcast.

“We are so happy to welcome Karen, Vicky and the entire Platinum Group to Real, which now boasts a community of more than 8,000 agents who share our vision of reimagining the residential transaction experience,” said Real Chairman and Chief Executive Officer Tamir Poleg. “Since the start of the year, we’ve increased our agent base more than 108 percent, and we are excited to continue our growth in 2023.”

On joining Real, Cooper said, “The real estate industry is shifting. Today’s agents work so hard to serve their clients and communities, but many find it difficult to plan for their financial futures. Real’s compensation model rewards all agents—not solely the most elite producers. Real offers something that’s accessible to everyone, and that’s what we wanted to provide for our team.”

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 8,000 agents. Additional information can be found on its website at www.onereal.com.

Contacts

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

TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that it proposes to amend the terms of its 5.25% convertible unsecured subordinated debentures due February 28, 2023 (the “Debentures”) to: (i) increase the interest rate from 5.25% to 9.00%, effective February 28, 2023, (ii) decrease the conversion price from $10.53 per REIT unit to $5.50 per REIT unit, (iii) extend the maturity date 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 shall 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 (collectively, the “Amendments”).

The REIT is soliciting consents and proxies from the holders of the Debentures (the “Debentureholders”), to pass an extraordinary resolution to approve the Amendments (the “Extraordinary Resolution”). If Debentureholders representing not less than 66 2/3% of the principal amount of the Debentures deliver valid consents and proxies voting FOR the approval of the Extraordinary Resolution by January 26, 2023 (the “Consent Solicitation”), the Extraordinary Resolution will be passed and no meeting of Debentureholders will be held.

If the Consent Solicitation condition is not met, the REIT will hold a meeting of the Debentureholders (the “Meeting”) on January 27, 2023 to approve the Extraordinary Resolution. Approval of the Extraordinary Resolution at the Meeting requires not less than 66 2/3% of the principal amount of the Debentures, present or represented by proxy at the Meeting to vote in favour of the Extraordinary Resolution. The quorum for the Meeting requires at least 25% of the principal amount of the outstanding Debentures to be present at the Meeting, in person or by proxy. Should a Meeting be held and a Debentureholder wish to attend the Meeting or appoint a proxy to attend the Meeting, the Debentureholder should immediately contact Kingsdale Advisors, the Solicitation Agent, to obtain the proxy appointment instructions.

Despite the deadlines described above, if the REIT receives the required level of approval for the Amendments by consent or vote, and a supplemental indenture to implement the Amendments is signed, Debentureholders as at the Record Date (as defined below) who responded favourably to the Extraordinary Resolution by providing both a valid consent and proxy in favour of the Extraordinary Resolution, in each case, before 5:00 p.m. (Eastern time) on January 20, 2023 (the “Consent Fee Deadline”), will be eligible to receive a fee (the “Consent Fee”). The Consent Fee will be payment of $5.00 for each $1,000 principal amount of Debentures. Debentureholders who do not respond to the foregoing by the Consent Fee Deadline will not receive payment of the Consent Fee even though the indenture will be binding on them if it becomes effective.

The REIT will mail and/or otherwise deliver a management information circular and consent solicitation statement and related proxy and consent solicitation materials (the “Debentureholder Materials”) to the holders of the Debentures in connection with each of the Consent Solicitation and the Meeting. The REIT will issue a further press release when these materials become available on SEDAR at www.sedar.com.

Only holders of record of the Debentures as of 5:00 p.m. ET on December 21, 2022 (the “Record Date”) are eligible to receive notice of the Meeting, and receive the Debentureholder Materials with respect to the Extraordinary Resolution.

Kingsdale Advisors is acting as the Solicitation Agent and Tabulation Agent for the Consent Solicitation. Debentureholders may contact Kingsdale Advisors regarding: (i) questions concerning the terms of the Consent Solicitation, (ii) assistance with completing proxy and consent solicitation materials, or (iii) requests of additional copies of the Debentureholder Materials at: 1-800-775-1986 or by email at corpaction@kingsdaleadvisors.com.

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

LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 132,000 square foot self storage facility in Cambridge, Ontario, Canada with approximately 930 interior climate-controlled units and approximately 320 RV and parking spaces.

The property is located at 111 Savage Drive in Cambridge and was converted to self storage from 2019 through 2022 and is the largest self storage facility within the trade area. It is conveniently located just minutes from the Alison, Galt, East Galt, Fiddlesticks, Greenway-Chaplin, and Christopher-Champlain neighborhoods. Numerous new residential developments of more than 5,000 units are planned within a 10-minute drive of the property.

“This property is well-situated to provide the growing communities of Cambridge with a modern, spacious self storage facility while also driving the potential for stockholder value,” said H. Michael Schwartz, CEO and President of SST VI. “We are pleased to add this top-quality property to our SST VI portfolio and expand SST VI’s footprint in Canada.”

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

SST VI is a Maryland corporation that qualifies 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 December 20, 2022, 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); two properties with approximately 2,155 units and 354,850 rentable square feet (including parking) in the Greater Toronto Area; 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 December 20, 2022, SmartStop has an owned or managed portfolio of 178 operating properties in 22 states and Ontario, Canada, comprising approximately 123,800 units and 14.1 million rentable square feet. SmartStop and its affiliates own or manage 22 operating self storage properties in the Greater Toronto Area, which total approximately 19,800 units and 1.9 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

Projects Will Add 600 Megawatt-Hours of Storage Capacity to Origis Solar Sites

MIAMI & LAKE MARY, Fla.–(BUSINESS WIRE)–#BESS–Origis Energy, one of America’s largest solar and energy storage developers, has contracted Mitsubishi Power Americas to deliver three utility-scale battery energy storage system (BESS) projects totaling 150 megawatts / 600 megawatt hours. The projects will be co-located with three Origis Energy photovoltaic solar facilities in the Southeast United States to reduce curtailment of excess solar generation which will enable greater efficiency and higher capacity of the sites.

Origis will use the Mitsubishi Power Emerald storage solution for the three projects, successively coming online over the next two years. Origis has pioneered large-scale solar in the Southeast, working with leading utilities, municipalities and electric cooperatives to deploy over 1.5 gigawatts of operational and contracted projects in the region. The company’s U.S. total for operational and contracted solar and BESS projects are over 4 GWs. Energy storage enables Origis to add grid services to renewable energy generation. Consequently, Origis has 2.3 gigawatt hours (GWh) of BESS projects contracted or in negotiation with 13.7 GWh currently being developed.

“Storage of renewably generated power is an increasingly important grid asset,” said Kenneth Kim, Vice President, Engineering & Strategy Planning, Origis Energy. “By adding the BESS solution to these facilities, we increase the value of the asset, adding enhanced grid solutions to clean, cost-effective solar power. We thank Mitsubishi Power for their collaboration on these projects, creating long-term benefits for our customers.”

The BESS projects will employ Mitsubishi Power’s Emerald Integrated Plant Controller – an Energy Management System (EMS) and Supervisory Control and Data Acquisition (SCADA) system – that instructs the BESS when to charge and deploy, monitors status, sends alarms and alerts and enables long-term data storage.

“The Emerald storage solution technology we’re delivering for Origis follows rigorous NERC CIP and IEC 62443 Security Development Lifecycle Process policy and processes aligned to industry best practices,” said Alejandro Schnakofsky, Vice President of Global Strategy, Energy Storage Solutions, Mitsubishi Power Americas. “It is imperative in everything we do to protect energy systems and operators with the strongest level of cybersecurity possible.”

Mitsubishi Power has more than 2.5 GWh of utility-scale BESS projects in various stages of deployment globally that increase renewable efficiency, capacity, and flexibility.

About Origis Energy

Origis Energy is bringing clean and cost effective solar and energy storage solutions within reach for utility, commercial and industrial as well as public sector clients. The Origis team has worked to ensure the interests of all stakeholders are upheld in 170 projects worldwide totaling more than 5 GW to date of developed solar and energy storage capacity. Headquartered in Miami, FL, Origis Energy delivers excellence in solar and energy storage development, financing, engineering, procurement and construction (EPC) and operations, maintenance and asset management for investors and clean energy consumers in the US. Visit us at www.OrigisEnergy.com.

About Mitsubishi Power Americas, Inc.

Mitsubishi Power Americas, Inc. (Mitsubishi Power) headquartered in Lake Mary, Florida, employs more than 2,300 power generation, energy storage, and digital solutions experts and professionals. Our employees are focused on empowering customers to affordably and reliably combat climate change while also advancing human prosperity throughout North, Central, and South America. Mitsubishi Power’s power generation solutions include gas, steam, and aero-derivative turbines; power trains and power islands; geothermal systems; PV solar project development; environmental controls; and services. Energy storage solutions include green hydrogen, battery energy storage systems, and services. Mitsubishi Power also offers intelligent solutions that use artificial intelligence to enable autonomous operation of power plants. Mitsubishi Power is a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI). Headquartered in Tokyo, Japan, MHI is one of the world’s leading heavy machinery manufacturers with engineering and manufacturing businesses spanning energy, infrastructure, transport, aerospace, and defense. For more information, visit the Mitsubishi Power Americas website and follow us on LinkedIn.

Contacts

Glenna Wiseman

Origis Energy

+1 408-478-2570

Glenna.Wiseman@OrigisEnergy.com

Christa Reichhardt

Mitsubishi Power

+1 407-484-5599

Christa.Reichhardt@amermhi.com

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded, select-service hotels, today announced that it has increased commitments under its senior unsecured revolving credit facility by $45 million with the addition of Royal Bank of Canada as a top tier lender.

With this incremental commitment, Chatham’s unsecured revolving credit facility increases to $260 million. Combined with its new $90 million term loan, Chatham received commitments of $350 million that replace Chatham’s previous $250 million senior unsecured credit facility that was scheduled to mature in 2023. Inclusive of extension options, the revolving credit facility and term loan mature in October 2027. Chatham has up to six months to borrow funds under the unsecured term loan and intends to fully draw the $90 million within that time frame to repay maturing secured debt. There are currently no borrowings outstanding on either facility.

“We are excited to add another great financial institution to our outstanding group of participating lenders, further solidifying our financial position for the next five years and providing even more flexibility to manage our maturing debt over the next couple of years and capacity to acquire hotels,” highlighted Jeremy Wegner, Chatham’s chief financial officer.

About Chatham Lodging Trust

Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust focused primarily on investing in upscale extended-stay hotels and premium-branded, select-service hotels. The company owns 39 hotels totaling 5,914 rooms/suites in 16 states and the District of Columbia. Additional information about Chatham may be found at chathamlodgingtrust.com.

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 about Chatham Lodging Trust, including those statements regarding acquisitions, capital expenditures, future operating results and the timing and composition of revenues, among others, and statements containing words such as “expects,” “believes” or “will,” which indicate that those statements are forward-looking. Except for historical information, the matters discussed in this press release are forward-looking statements that are subject to certain risks and uncertainties that could cause the actual results or performance to differ materially from those discussed in such statements. Additional risks are discussed in the company’s filings with the Securities and Exchange Commission.

Contacts

Dennis Craven (Company)

Chief Operating Officer

(561) 227-1386

One of North America’s largest non-bank commercial real estate financiers announces restructuring

MIAMI & PALM BEACH, Fla.–(BUSINESS WIRE)–Trez Capital recently announced the restructuring of its Florida office, beginning with ending its joint-venture partnership in the market and closing its Palm Beach office. Capitalizing on the firm’s solid 25-year-history in Canada and across the United States, Trez Capital is opening a new Florida office in the metro Miami area with new regional leadership. Under the continued direction of Trez Capital’s Global Head of Origination, John Hutchinson, the firm will continue building upon its existing market relationships, servicing borrowers, real estate owners and brokers in the Southeastern United States.

Trez Capital is one of North America’s largest non-bank commercial mortgage lenders and equity solution providers. With its new office restructuring of the firm’s Southeastern U.S. origination business led by Hutchinson, Trez Capital will continue to expand its Florida market footprint. In 2010, Trez Capital officially opened its first U.S. office in Dallas with Hutchinson at the helm to focus on the central region and the Southwest. He helped establish the origination team’s relationships cross-country, extending to the Southeast. Hutchinson and his high-performing team have built a solid network of borrowers and investors and are continuing the firm’s expansion in the region.

“Florida and the Southeast remain an incredibly important part of Trez Capital’s business. We have established solid roots in the region and will continue our expansion by investing in our people, reinforcing our ‘boots-on-the-ground’ strategic approach and dedication to our investors,” said Hutchinson. “Our ability to leverage our team’s local market knowledge and varied experience no matter the geographic location has yielded trusted, well-established relationships throughout the country. I am excited about what the future holds for the Florida market and continuing what we do best – delivering results for investors and borrowers.”

Hutchinson and his team of originators have delivered an extensive track record of consistent returns based on providing innovative financing for residential and commercial properties in major high-growth regions across the country. The firm has continued to expand its geographic reach since opening Trez Capital’s first U.S. office a little over a decade ago. Outside of the firm’s Canada offices in Vancouver, Toronto and Montreal, Trez Capital has offices across North America including Dallas, Los Angeles, New York and Seattle while moving its Palm Beach office to Miami.

Today, Trez Capital manages over $5.3 billion in assets under management, has originated over 1,700 loans totaling more than $16.5 billion funded since its inception, with nearly 200 employees.

About Trez Capital

Founded in 1997, Trez Capital is a diversified real estate investment firm and preeminent provider of commercial real estate debt and equity financing solutions in Canada and the United States. Trez Capital offers private and institutional investors strategies to invest in a variety of opportunistic, fully secured mortgage investment funds, syndications, and joint-ventures; and provides property developers with quick approvals on flexible short- to mid-term financing.

With offices across North America, Trez Corporate Group has over $5.3* billion CAD in assets under management and has funded over 1,700 transactions totaling more than $16.5 billion CAD since inception. For more information, visit www.trezcapital.com. (*Trez Corporate Group AUM includes assets held by all Trez-related entities as well as $2.9 billion Manager AUM (Trez Capital Fund Management Limited Partnership)).

Contacts

Leah Williams, Dala Communications for Trez Capital

972-931-7576, ext. 351

Leah@DalaCommunications.com

TORONTO–(BUSINESS WIRE)–Lafarge Canada has been consistently advancing in their journey to Net-Zero and today, the largest provider of sustainable and innovative building solutions in Canada, is proud to announce the full transformation of the Brookfield Cement Plant’s cement production in Nova Scotia to a greener portfolio. From now on, the site’s production of general use cement (GU) ends and will shift to reduced carbon portland limestone cement – branded as OneCem – the company’s eco-efficient alternative. Brookfield is Lafarge’s third cement plant to be converted in 2022 and the first Atlantic Market plant to convert – the others being the Bath Cement Plant (ON) in June and the Richmond Cement Plant (BC) earlier this year, in March.

OneCem is a sustainable product that presents up to 10% lower CO2 emissions while providing the same performance and durability. “We have been steadily moving the needle forward when it comes to cement decarbonization and we will continue to honour our commitment in progressing our greener portfolio in Eastern Canada over the coming years. For us at Lafarge Canada, sustainability and profitability go together – our main goal is to keep partnering with our customers to advance sustainable construction and, at the same time, provide innovative world-class products,” commented Andrew Stewart, Vice President, Cement, Lafarge Canada (East).

According to Robert Cumming, Head of Sustainability & Public Affairs, Lafarge Canada (East), “Over the last four years, we avoided more than 140,000 tonnes of CO2 by converting GU cement to OneCem in our plants across Canada – the equivalent to taking 42,891 cars off the road, which would have consumed 59,640,854 liters of gasoline. With the recent cement production conversion of the Brookfield Plant, the Bath Plant in June, and Richmond Plant in March, these numbers will continue to grow.”

“We are excited to take our plant to the next level of decarbonization. Our teams on the ground have been successfully showcasing our company’s values of passion, collaboration, and grit, and we couldn’t be prouder. This is a very important milestone in our Net-Zero journey in Nova Scotia and in Canada as a whole,” affirmed Travis Smith, Plant Manager, Brookfield Cement Plant.

The portland limestone cement, OneCem, contributes to lowering the industry’s carbon footprint not only during the manufacturing process – while cement may be as little as 11% of a concrete mix, it can account for more than 80% of all energy required to produce concrete. Across Canada, Lafarge has produced over 6 million metric tonnes of OneCem since 2011, and users can be confident in its performance while reducing the carbon footprint in the built environment and community.

Quick Facts

• Over the last four years, Lafarge Canada saved more than 140,000 tonnes of CO2 by converting GU cement to OneCem in our plants across Ontario, Quebec, and Nova Scotia – the equivalent to taking 42,891 cars off the road, which would have consumed 59,640,854 liters of gasoline. With the recent conversion of the Bath Plant’s GU production to OneCem, these numbers will continue to grow.
• While cement typically represents only 11% of a concrete mix, it can account for more than 80% of all energy required to produce concrete.
• Across Canada, Lafarge has produced over 6 million metric tonnes of OneCem since 2011, and users can be confident in its performance whilst reducing the carbon footprint in the built environment and community.

Associated links

https://onecemcement.com/
https://www.lafarge.ca/en
Greenhouse Gas Equivalencies Calculator | Natural Resources Canada

About Lafarge Canada Inc.

Lafarge is Canada’s largest provider of sustainable and innovative building solutions including Aggregates, Cement, Ready Mix and Precast Concrete, Asphalt and Paving, and Road and Civil Construction. With over 6,900 employees and 400 sites across the country, we provide green products to build the infrastructure and communities where Canadians live and work.

As a member of Holcim Group, our purpose is to build progress for people and the planet.

Contacts

For media inquiries:

Anna Salomao

anna.salomao@lafarge.com

TORONTO–(BUSINESS WIRE)–DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U) (“Dream Residential REIT” or the “REIT”) today announced its December 2022 monthly distribution in the amount of US$0.035 per unit (US$0.42 annualized). The December distribution will be payable on January 13, 2023 to unitholders of record as at December 30, 2022.

About Dream Residential REIT

Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns an initial portfolio of 16 garden-style multi-residential properties, consisting of 3,432 units primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.

Contacts

For further information:

Dream Residential REIT
P. Jane Gavan
Chief Executive Officer

(416) 365-6572

jgavan@dream.ca

Derrick Lau
Chief Financial Officer

(416) 365-2364

dlau@dream.ca

Scott Schoeman
Chief Operating Officer

(303) 519-3020

sschoeman@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact” or the “Trust”) today announced its December 2022 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The December distribution will be payable on January 13, 2023 to unitholders of record as at December 30, 2022.

About Dream Impact Trust

Dream Impact Trust is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and investing holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; while generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca.

Contacts

DREAM IMPACT TRUST
Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kimberly Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its December 2022 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The December distribution will be payable on January 13, 2023 to unitholders of record as at December 30, 2022.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at September 30, 2022, Dream Industrial REIT owns, manages and operates a portfolio of 258 industrial totaling approximately 46.5 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to continue to grow and upgrade the quality of its portfolio which primarily consists of distribution and urban logistics properties and to provide attractive overall returns to its unitholders. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

DREAM INDUSTRIAL REIT

Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov

Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its December 2022 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The December distribution will be payable on January 13, 2023 to unitholders of record as at December 30, 2022.

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)–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 $0.2667 per stapled unit for the month of December 2022. The distribution will be paid by Granite on Tuesday, January 17, 2023 to stapled unitholders of record at the close of trading on Friday, December 30, 2022. The stapled units will begin trading on an ex-dividend basis at the opening of trading on Thursday, December 29, 2022 on the Toronto Stock Exchange and on the New York Stock Exchange.

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 December 30, 2022, 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 141 investment properties representing approximately 58.8 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 Document Analysis and Retrieval (SEDAR) which can be accessed at www.sedar.com 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