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 $0.2583 per stapled unit for the month of September 2022. The distribution will be paid by Granite on Friday, October 14, 2022 to stapled unitholders of record at the close of trading on Thursday, September 29, 2022. The stapled units will begin trading on an ex-dividend basis at the opening of trading on Wednesday, September 28, 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 September 29, 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 139 investment properties representing approximately 57.5 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

Andrea Sanelli

Associate Director, Legal & Investor Services

647-925-7504

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

OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of September 2022 is $0.0285 per Trust unit, equal to $0.3420 per Trust unit on an annualized basis. Payment will be made on or about October 17, 2022, to unitholders of record on September 30, 2022.

About InterRent

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

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

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

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

Contacts

For further information:
Investor Relations

investorinfo@interrentreit.com
www.interrentreit.com

Multi-faceted Marketer to Grow Real Estate Technology Brand

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (“Real” or the “Company”) (NASDAQ: REAX) (TSX: REAX), an international, technology-powered real estate brokerage, today announced that Dre Madden will join its executive team as Chief Marketing Officer.

Madden will be responsible for driving brand awareness, increasing corporate visibility and implementing a strategic roadmap to scale the company’s agent base. As a proven growth marketer, she will help expand Real’s national and international footprint and increase demand generation through corporate events, field marketing and content strategy. Additionally, as Chief Marketing Officer, she will be instrumental in showcasing the company’s industry-leading technology and launching future innovations in the marketplace.

“I began my career in the startup space, so I could see right away that what CEO Tamir Poleg and the team have built is special,” said Real Chief Marketing Officer Dre Madden. “The company’s technology platform, competitive agent offerings and strong collaborative culture puts Real in an optimal position to take its marketing to the next level.”

Madden is a multi-faceted marketing leader with more than 20 years of digital and brand experience. In addition to building growth-driven functions at StubHub, OpenTable and Rodan + Fields, Madden most recently served as Chief Marketing Officer for luxury-focused, technology-driven startups in Silicon Valley. She holds a master’s degree in business administration with a marketing concentration from Santa Clara University and a bachelor’s degree with high honors from the University of California at Santa Barbara.

“We’re excited to have Dre join our executive team and look forward to partnering with her to grow our brand,” said Chairman and Chief Executive Officer Tamir Poleg. “Her skills and experience align perfectly with where we are as an organization, and her insights will be invaluable as we continue to grow.”

About Real

The Real Brokerage Inc. (NASDAQ: REAX) (TSX: 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 homebuyers and sellers. The company was founded in 2014 and serves 44 states, D.C., and two Canadian provinces with over 6,000 agents. Additional information can be found on its website at www.onereal.com.

Forward-Looking Information

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

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. 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

For additional information:

Elisabeth Warrick

Director, Communications

elisabeth@therealbrokerage.com
201.564.4221

Investors, for more information:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

MONTREAL & WINNIPEG, Manitoba–(BUSINESS WIRE)–#BringingMoretotheParty—Arctic Glacier, LLC, a leading provider of premium ice products and related services, announces the grand opening of a state-of-the-art, high-capacity production facility in Dorval, QC. As Canada’s leading manufacturer of packaged ice, the new production facility represents a $5.3 million (CAD) investment and enables the ice company to expand service throughout the province of Quebec and eastern Ontario.

“We are very excited to open our newest facility in Quebec and honored to continue our legacy of supporting the province’s businesses. Investments in innovation is foundational to Arctic Glacier and is just one of the ways we continuously create value for our customers, our employees, and the communities where we operate,” said Richard Wyckoff, President, and CEO of Arctic Glacier.

The ice company has deep, long-standing partnerships with hundreds of Quebec locally owned and family operated businesses. “We selected Dorval for our new facility to maximize our service throughout the province and to advantageously nurture our partnerships with the province’s locally owned distributors and ice companies,” said Jeremy Spencer, Regional President of Arctic Glacier for Canada.

Arctic Glacier’s new Dorval facility will double the ice company’s previous facility’s production capacity and increase their storage capacity by 500%. During peak season, the new facility will employee 40 people and offer additional employment and business opportunities throughout the province. The new, fully automated facility came online in July and is currently scaling up to full capacity.

ABOUT ARCTIC GLACIER

Arctic Glacier is a North American provider of premium ice products and services. For over 140 years the company has been Bringing More to the Party!™ by perfecting the ice making and DSD (delivery) process to provide the purest, most high-quality ice products. Annually, the company produces and delivers over 2.5 billion pounds of premium ice to supermarkets, mass merchants, c-stores, dollar stores, gas stations, liquors stores, as well as many other commercial and industrial businesses. From its headquarters in Philadelphia, PA and 52 production facilities and 60 warehouses and distribution centers across the United States and Canada, Arctic Glacier services over 75,000 customers.

Learn how Arctic Glacier is Bringing More to the Party!^TM at arcticglacier.com.

Contacts

Media:
Natalie Fischer, VP Marketing

Arctic Glacier, LLC

nfischer@arcticglacier.com
470-530-0805

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

TORONTO–(BUSINESS WIRE)–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 September, 2022 of $0.061667 per trust unit, representing $0.74 per trust unit on an annualized basis, payable on October 17, 2022 to Unitholders of record at the close of business on September 30, 2022.

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.sedar.com.

Contacts

Mario Barrafato

Chief Financial Officer

Choice Properties REIT

(416) 628-7872

Mario.Barrafato@choicereit.ca

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 the Board of Trustees has declared a distribution for the month of September 2022 of U.S.$0.072 per class U unit of the REIT (“Class U Units”), or U.S.$0.864 on an annualized basis.

Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election.

Holders of class A units of the REIT (“Class A Units”) will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT (“Class I Units”) will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units (“Exchangeable Units”) will receive a distribution of U.S.$0.072 per unit.

If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution.

Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on October 17, 2022 to unitholders of record as of the close of business on September 30, 2022.

About Slate Grocery REIT (TSX: SGR.U / SGR.UN)

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans,” “expects,” “does not expect,” “scheduled,” “estimates,” “intends,” “anticipates,” “does not anticipate,” “projects,” “believes,” or variations of such words and phrases or statements to the effect that certain actions, events or results “may,” “will,” “could,” “would,” “might,” “occur,” “be achieved,” or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SGR-Dist

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that the Board of Trustees has declared a distribution for the month of September 2022 of C$0.0333 per trust unit of the REIT, representing $0.40 per unit of the REIT on an annualized basis.

The distribution will be payable on October 17, 2022 to unitholders of record as of the close of business on September 30, 2022.

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. A majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.

About Slate Asset Management 

Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements 

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SOT-Dist

Contacts

Investor Relations

+1 416 644 4264

ir@slateam.com

BURLINGTON, Mass.–(BUSINESS WIRE)–#Artificialintelligence—LoadSpring Solutions, Inc., the enterprise market leader in project platform solutions, has accepted a strategic majority interest investment from Blattner Technologies. Blattner Technologies is on a mission to be the leading provider of Predictive Transformation^TM services and tools in the data analytics, artificial intelligence, and machine learning industries.

LoadSpring’s partnership with Blattner Technologies aligns with our industry focus on digital transformation and advancing data usability, analytics, machine learning, and artificial intelligence. Blattner’s focus on AI and predictive technologies will help lead to our customers’ next generation of advancement.

“Today’s investment announcement will enable LoadSpring to rapidly expand its vision of driving the project controls industry to a future where it aspires to be. This new partnership, including the additional board membership, will accelerate our platform development and AI/analytics technology innovation to enable faster geographic and industry expansion, truly unlocking LoadSpring’s potential. Together, our expertise in providing global cloud solutions for project-based organizations and our new partner’s expertise in building companies will provide next-generation solutions for our customers,” states Eric Leighton, President and CEO of LoadSpring Solutions, Inc.

Blattner Technologies’ CEO Russ Blattner says, “LoadSpring has the resources and tools to complement the list of companies Blattner Technologies is acquiring in our mission to build a predictive transformation model that takes our customers from the basics of data management and analytics to operationalizing AI/ML and true predictive analytics throughout an organization.”

LoadSpring’s global office locations and executive management teams will remain in place, with Eric Leighton continuing in his leadership role as President and CEO. Blattner Technologies representatives Russ Blattner and John Leschorn, along with Terrance Berland, co-founder of Unicorn & Lion, LLC, will join the LoadSpring Board of Directors, providing operational and technology vision to drive customer solutions into the future.

“This investment combines secure technology infrastructure and next-generation tools and analytics to create a truly distinctive solution offering for customers. This is an industry trend that will continue as organizations better understand the power of controlling and mining their data and look for partners that can bring them complete solutions, not just pieces,” says Terrance Berland, a member of the Forbes Technology Council.

About Blattner Technologies

Nashville, TN Blattner Technologies – Building on a 115-year legacy of innovation by the Blattner family of companies, Blattner Technologies is on a mission to be the leading provider of Predictive Transformation^TM services and tools in the data analytics, artificial intelligence, and machine learning industries.

About LoadSpring

Founded in 1999, LoadSpring is a global project management provider obsessed with offering advanced managed cloud services. LoadSpring delivers expert project management and control solutions, fast data and business intelligence access, and hundreds of best-of-breed project-based applications. Data safety is assured through SOC 2 Type II security certification, providing an impenetrable cloud environment. LoadSpring customers and partners get higher productivity and ROI through our proprietary project platform while reducing the burden on their IT departments.

For more information, contact Stacey Witt at switt@loadspring.com

Contacts

Stacey Witt, LoadSpring Solutions

(949)-584-5773

Following successful pilot program and cross-country deployment, BrainBox AI to reduce Sleep Country CO2 emissions equivalent to the emissions of nearly 4 million kms driven by the average car

MONTREAL–(BUSINESS WIRE)–#ai—BrainBox AI, a pioneer in autonomous artificial intelligence for the commercial real estate sector, today announced that Sleep Country Canada Holdings Inc. (“Sleep Country”), Canada’s leading specialty sleep retailer, has installed BrainBox AI’s groundbreaking artificial intelligence technology in 214 stores which represents close to 80% of its total footprint and 1.1 million square feet of retail space across Canada.

The agreement with BrainBox AI aligns with Sleep Country’s goal to be net zero by 2040, laid out in its inaugural ESG report released earlier this year. BrainBox AI is well-suited to help multi-site retailers like Sleep Country with their environmental goals using predictive and self-adapting autonomous AI to optimize the largest energy hogs in buildings – HVAC (heating, ventilation, and air conditioning) systems. The rapidly deployed technology produces significant reductions in energy consumption and carbon footprint, while increasing occupant comfort and HVAC equipment service life.

“We are thrilled to partner with BrainBox AI in our efforts to become net zero by 2040 and, more broadly, play our part in battling our planet’s climate crisis,” shares Stewart Schaefer, President and CEO, Sleep Country. “Sleep Country is committed to making a positive impact on both our customers, partners, and the world through our corporate ESG initiatives, and the implementation of this ground-breaking AI technology will help us achieve our near and long-term sustainability goals.”

Preceding the rollout across Sleep Country’s real estate portfolio, BrainBox AI completed a four-store pilot project, designed to explore the energy and GHG emission reductions that the technology could offer the retailer. With the pilot covering approximately 20,000 sq. ft. of store space and rooftop unit-based HVAC systems, Sleep Country saw an annualized 15% reduction in electricity use from its HVAC equipment, a 19% reduction in HVAC gas consumption, and a 15 tCO2 reduction in carbon equivalency. After the accomplishments of the pilot were clear, Sleep Country and BrainBox AI came together to formalize their relationship. The replication of these results across the 214 locations will provide Sleep Country with significant utility savings and a yearly CO2 emissions equivalent to the emissions of close to four million kilometres driven by the average car.

“At BrainBox AI, we are passionate about working to make buildings smarter, greener, and more efficient. The opportunity to install our technology throughout the retail footprint of one of Canada’s top multi-site retailers is truly exciting for our team,” says Jean-Simon Venne, Chief Technology Officer and Co-founder, BrainBox AI. “As a Canadian company ourselves, helping reduce the carbon footprint in our home market is important to us. But climate change is a global issue, and we look forward to working with major brands around the world to help them achieve their environmental and energy goals.”

BrainBox AI’s solution empowers commercial and retail space owners alike to dramatically reduce their buildings’ energy spend and carbon emissions, moving them one step closer to achieving their net zero carbon goals. To learn more, visit www.brainboxai.com.

About BrainBox AI

Founded in 2017, BrainBox AI was created to address the dilemma currently facing the built environment, its energy consumption and significant contribution to climate change. As innovators of the global energy transition, BrainBox AI’s game-changing HVAC technology leverages AI to make buildings smarter, greener, and more efficient. Working together with our trusted global partners, BrainBox AI supports real estate clients in various sectors, including office buildings, hotels, commercial retail, grocery stores, airports, and more.

Headquartered in Montreal, Canada, a global AI hub, our workforce of over 150 employees, bring with them talent from all sectors with the common thread of being in business to heal our planet. BrainBox AI works in collaboration with research partners including the US Department of Energy’s National Renewable Energy Laboratory (NREL), the Institute for Data Valorization (IVADO) as well as educational institutions including Montreal’s Institute for Learning Algorithms (MILA) and McGill University. For more information visit: www.brainboxai.com

About Sleep Country

Sleep Country is Canada’s leading specialty sleep retailer with a national retail store network and multiple robust eCommerce platforms. The Company has 287 corporate-owned stores and 20 warehouses across Canada and operates under retail banners: “Sleep Country Canada”, with omnichannel operations in Canada excluding Québec; “Dormez-vous” with omnichannel operations in Québec; “Endy”, Canada’s leading direct-to-consumer online sleep solutions retailer; and recently acquired “Hush”, one of Canada’s fastest-growing digital retailers. Sleep Country is a purpose-led organization dedicated to transforming lives by awakening Canadians to the power of sleep and is committed to building a company culture of inclusion and diversity where differences are embraced and valued. The Company meaningfully and positively supports its environment and the communities where it operates through its comprehensive mattress and foundation recycling program that keeps mattresses out of landfills, as well as its bed donation program that contributes new and gently used mattresses and foundations to Canadian charities to help families and children in need get a good night’s sleep. For more information about the Company visit https://www.sleepcountry.ca

Contacts

For BrainBox AI
Rebecca Bender

Montieth & Company

rbender@montiethco.com

For Sleep Country
Sandy Indig

sandy.indig@sleepcountry.ca
289-748-0206, x22356

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (“Real” or the “Company”) (NASDAQ: REAX) (TSX: REAX), an international, technology-powered real estate brokerage, announced today that Chief Executive Officer Tamir Poleg will be presenting at the Singular Research Autumn Equinox Webinar on Wednesday, September 14, 2022 at 10:00am PT (1:00pm ET)

Real’s remarks will be broadcast live and can be accessed by interested parties at the link below and through Real’s website, www.onereal.com, in the “Investors” section.

Date: September 14, 2022

Time: 10:00am PT / 1:00pm ET

Webcast link: https://register.gotowebinar.com/register/1381208031168741136

About Real

The Real Brokerage Inc. (NASDAQ: REAX) (TSX: 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 homebuyers and sellers. The company was founded in 2014 and serves 44 states, D.C., and two Canadian provinces with over 6,000 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

Annual industry report reveals 28% jump in solicitation volumes, surpassing pre-pandemic numbers, while procurement teams implement sustainable sourcing practices and more efficient spending

KITCHENER, Ontario–(BUSINESS WIRE)–#citygov–Bonfire Interactive Ltd. (“Bonfire”), a subsidiary of GTY Technology Holdings Inc. (“GTY”) and a leader in strategic sourcing and eProcurement software, today announced the release of its annual State of Public Sourcing Report. The benchmarking study sheds light on new and emerging trends in public sector procurement in 2022.

Based on an analysis of anonymized data from the Bonfire eProcurement platform, consisting of tens of thousands of projects from more than 400 North American public sector organizations, the report found a 28% jump in public sector solicitation volumes, ahead of where it was before the start of the pandemic in 2020, reflecting an influx of federal funding for new infrastructure projects.

Additional Highlights from the 2022 Report:

• Agencies prioritized vendor diversity more than ever before. Among agencies, 33% of transportation agencies, 20% of higher education institutions, and 11% of K-12 institutions are tracking vendor diversity status and creating more opportunities for small and disadvantaged business enterprises to participate in government projects.

• eProcurement logins and users are on the rise. More procurement teams are adopting digital solutions to centralize all sourcing processes and information.

• eProcurement saved agencies an average of $269K (or 9.5%) per RFP. Agencies that use eProcurement are driving more value for the communities they serve than ever before.

This year’s report, titled “Procurement Saves the Day Again,” highlights the key “superpowers” procurement teams are honing to confront new challenges and leverage opportunities to better serve their constituents.

With project volumes increasing significantly over 2021, the data reveals how public procurement teams are setting new priorities, strategies, and goals in the context of current events, including COVID-19 recovery efforts, a recent influx of federal infrastructure funding, and challenges related to the mass labor market disruption known as the Great Resignation.

“The insights from our new report show project volumes continuing on the upward trend we observed in 2021 and, in fact, surpassing pre-pandemic numbers,” said Bonfire CEO Omar Salaymeh. “We’ve seen firsthand how procurement teams are driving these impressive gains through the power of procurement technology, better collaboration, project cost savings, and a heightened focus on social procurement practices. It’s clear that procurement will continue to prove its value as a strategic partner well into the future, regardless of what comes next.”

Download the full 2022 State of Public Sourcing Report for free on the Bonfire website.

About Bonfire Interactive Inc.

Bonfire Interactive Inc. (“Bonfire”) is a business unit of GTY Technology Holdings Inc. and a leader in strategic sourcing and procurement software. Bonfire empowers organizations to find the right vendors and make the right purchasing decisions with ease and confidence. With tools to support the entire vendor lifecycle (sourcing, contract management, and vendor performance), Bonfire goes beyond traditional mechanics of standard procurement suites to make complex decision-making easy. The combination of flexible technology and world-class customer service makes Bonfire the solution of choice for both public and private sector organizations. Bonfire is an award-winning solution recognized by industry-leading outlets including Gartner, GovTech, Spend Matters, Best in SaaS, and the International Business Awards.

GTY Technology Holdings Inc.

GTY Technology (GTY) brings leading cloud software together to deliver modern solutions for state and local governments, education institutions and healthcare organizations. More than 1,750 agencies across North America leverage GTY solutions to deliver better outcomes for their constituents by improving the way they engage stakeholders and manage their resources. Built for the public sector, the intuitive suite of solutions support the policy, regulation and compliance requirements unique to the public sector. Public Administrative solutions for budgeting (Questica and Sherpa), grants management (eCivis) and procurement (Bonfire) are designed to digitize complex workflows with an intuitive toolset that improves collaboration, transparency and impact. Civic Engagement solutions for payments (CityBase) and permits (OpenCounter) deliver efficiencies while improving citizen access and satisfaction. To learn more about the GTY platform and the positive impact it has on the people and communities it serves visit: www.gtytechnology.com.

About GI Partners

Founded in 2001, GI Partners is a private investment firm with over 130 employees and offices in San Francisco, New York, Chicago, Greenwich, Scottsdale, and Dallas. The firm has assets under management totaling $35 billion and invests on behalf of leading institutional investors around the world through its private equity, real estate, and data infrastructure strategies. The private equity team invests primarily in companies in the healthcare, IT infrastructure, services, and software sectors. The real estate team focuses primarily on technology and life sciences properties as well as other specialized types of real estate. The data infrastructure team invests primarily in hard asset infrastructure businesses underpinning the digital economy. For more information, please visit www.gipartners.com.

Contacts

Media:

Kate Nesbitt

Alloy Communications for GTY Technology

alloy@ecivis.com
240-630-2653

DUBLIN–(BUSINESS WIRE)–The “HVAC Pump Market By Product Type, By End-User, By Pump Type: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering.

The HVAC pumps market size was valued at $31,560.5 million in 2021, and is projected to reach $55,457.0 million by 2031, registering a CAGR of 5.7% from 2022 to 2031.

Heating, ventilating, and air conditioning (HVAC) systems are increasingly being used to maximize energy in residential and business infrastructures. Exponential increase in population combined with the construction of new business centers such as offices, factories, warehouses, sports complexes, hospitality, and healthcare has prompted the deployment of compact and energy-efficient heating and cooling systems. These building mechanical systems improve thermal comfort while also improving air quality, thus driving the growth of the global HVAC market.

The global HVAC pump market is expected to develop due to rapid urbanization and green building construction. The most frequent type of pump utilized in these systems for water circulation operations is a centrifugal pump. The main characteristics that make it a favorite choice in commercial and domestic businesses are cost-effectiveness, easy maintenance, and enhanced safety. HVAC pumps are commonly used to keep the flow rate and distribution systems in the HVAC unit and helps in running smoothly.

Market income will be bolstered by rising sustainability trends toward energy saving. HVAC systems account for over 30% of the energy consumed by commercial buildings. The use of 3D printing and computer modelling in HVAC pump manufacturing has resulted in tremendous growth potential for market players across the sector.

HVAC pumps can be found in nearly every sort of manufacturing facility, including textiles, chemicals, automotive, food processing, and forest products. For instance, in September 2021, Carrier China, a subsidiary of Carrier Global, teamed up with Huadian Corporation to provide centrifugal chillers for the Guangzhou Wanbo Central Energy Station in China.

The global HVAC market is segmented into pump type, product type, end user, and region. On the basis of pump type, the market is fragmented into booster pumps, circulating pumps, centrifugal pumps. By product type, it is divided into multi-stage and single stage. Depending on end user, it is segregated into industrial, residential, and commercial. Region wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Key Benefits For Stakeholders

• The report provides an extensive analysis of the current and emerging market HVAC pumps market trends and dynamics.
• In-depth HVAC pump market analysis is conducted by constructing market estimations for key market segments between 2022 and 2031.
• Extensive analysis of the HVAC pump market share is conducted by following key product positioning and monitoring of top competitors within the market framework.
• A comprehensive analysis of all the regions is provided to determine the prevailing HVAC pump market opportunity.
• The HVAC pumps market forecast from 2022 to 2031 is included in the report.
• The key players with in HVAC pumps market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the HVAC pumps industry.

Key Market Segments

By Product Type

• Single stage
• Multi-stage

By End-User

• Industrial
• Residential
• Commercial

By Pump Type

• Booster pumps
• Circulating pumps
• Centrifugal pumps

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• Italy
• U.K.
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Rest Of Asia Pacific
• LAMEA
• Latin America
• Middle East
• Africa

Key Market Players

• Bard Manufacturing Company Inc.
• KSB SE & Co
• Kirloskar Brothers Limited
• AURORA GmbH & Co. KG
• Armstrong Air
• WILO SE CNP Pumps India Pvt. Ltd
• Torishima Pump Mfg. Co., Ltd.
• Patterson Pump Company
• C.R.I. Pumps Private Limited
• Pentair Plc.

For more information about this report visit https://www.researchandmarkets.com/r/1b4h8z

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