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Dream Office REIT Announces Voting Results of Annual Meeting of Unitholders

June 8, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX:D.UN) announced that, at its annual meeting of unitholders held today, all of the nominees for election as trustees of Dream Office REIT (the “REIT”) referred to in its management information circular for the meeting were elected. Votes cast on this matter were as follows:

Nominee

Votes For

% Votes

For

Votes

Withheld

% Votes

Withheld

Amar Bhalla

34,402,547

95.36

1,674,442

4.64

Donald Charter

34,925,234

96.81

1,151,755

3.19

Michael Cooper

34,963,158

96.91

1,113,831

3.09

P. Jane Gavan

34,204,477

94.81

1,872,512

5.19

Dr. Kellie Leitch

35,564,562

98.58

512,427

1.42

Karine MacIndoe

35,805,193

99.25

271,796

0.75

Qi Tang

35,816,800

99.28

260,189

0.72

At the meeting, PricewaterhouseCoopers LLP was appointed auditor of the REIT and the REIT’s subsidiaries, and the trustees of the REIT were authorized to fix the remuneration of the auditor.

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

Dream Unlimited Corp. Announces Voting Results of Annual Meeting of Shareholders

June 8, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM UNLIMITED CORP. (“Dream” or the “Company”) (TSX: DRM) announced that, at its annual meeting of shareholders held today, all of the nominees for election of directors of Dream referred to in its management information circular for the meeting were elected. Votes cast on this matter were as follows:

Nominee

Votes For

% Votes For

Votes

Withheld

% Votes

Withheld

Michael Cooper

188,783,931

99.75

465,965

0.25

James Eaton

189,157,867

99.95

92,029

0.05

Joanne Ferstman

188,603,816

99.66

646,080

0.34

Richard Gateman

188,752,046

99.74

497,850

0.26

Jane Gavan

188,554,094

99.63

695,802

0.37

Duncan Jackman

180,361,056

95.30

8,888,840

4.70

Jennifer Lee Koss

189,049,924

99.89

199,972

0.11

Vincenza Sera

187,493,676

99.07

1,756,220

0.93

At the meeting, PricewaterhouseCoopers LLP was appointed as the auditor of Dream, and the directors of Dream were authorized to fix the remuneration of the auditor.

Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the U.S., and has an established and successful asset management business, inclusive of $16 billion of assets under management across four Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We also develop land and residential assets in Western Canada. Dream expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities. For more information please visit: www.dream.ca.

Contacts

Dream Unlimited Corp.

Deb Starkman

Chief Financial Officer

(416) 365-4124

dstarkman@dream.ca

Kim Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

Dream Impact Trust Announces Voting Results of Annual Meeting of Unitholders

June 8, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) announced that, at its annual meeting of unitholders held today, all of the nominees for election as trustees of Dream Impact Trust (the “Trust”) referred to in its management information circular for the meeting (the “Circular”) were elected. Votes cast on this matter were as follows:

Nominee

   

Votes For

 

 

% Votes

For

 

 

Votes

Withheld

 

 

% Votes

Withheld

Pauline Alimchandani

   

24,942,969

 

 

91.02

 

 

2,459,413

 

 

8.98

Amar Bhalla

   

26,410,323

 

 

96.38

 

 

992,059

 

 

3.62

Dr. Catherine Brownstein

   

27,294,251

 

 

99.61

 

 

108,131

 

 

0.39

Robert Goodall

   

26,511,065

 

 

96.75

 

 

891,317

 

 

3.25

Karine MacIndoe

   

27,315,175

 

 

99.68

 

 

87,207

 

 

0.32

At the meeting, PricewaterhouseCoopers LLP was appointed as the auditor of the Trust, Dream Impact Master LP and the Trust’s subsidiaries, and the trustees of the Trust were authorized to fix the remuneration of the auditor.

Dream Impact 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 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

Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kim Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

Primaris REIT Announces Distribution for June 2022

June 8, 2022 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 $0.0667 per unit for the month of June, 2022, representing $0.80 per unit on an annualized basis. The distribution will be payable on July 15, 2022 to unitholders of record on June 30, 2022.

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 11.3 million square feet and is valued at approximately $3.3 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

TSX: PMZ.UN

www.primarisreit.com  www.sedar.com

Columbia Care Operationalizes Second Cultivation Facility in New Jersey and Expands Adult Use Hours at Both Garden State Cannabist Locations

June 8, 2022 By Business Wire

The Second Cultivation and Production Facility in Vineland Adds Approximately 270,000 Square Feet of Cultivation and Production Capacity and Will Triple Available Canopy in Phase One

Recent Approvals Also Allow for Use of Post-Harvest Automation Equipment to More Efficiently Meet the Growing Adult Use and Medical Demand

NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and providers of cannabis products in the U.S., announced today it has started operations in its new, approximately 270,000-square-foot cultivation and production facility in New Jersey, begun using post-harvest automation equipment, and expanded its adult use shopping hours at both of its Cannabist locations in Deptford and Vineland to the maximum number of hours allotted by the New Jersey Cannabis Regulatory Commission (CRC).

The Company received approval from the New Jersey CRC to commence operations at its second cultivation and production facility on May 25, 2022, along with the approval to begin using post-harvest automation equipment. The introduction of this equipment will reduce the “harvest to shelf” time for products, making it easier to meet the rapidly-growing patient and customer demand.

“After ten years of navigating the ever-evolving cannabis industry in various markets, we have so many lessons learned and have been able to bring those to bear in how we approach New Jersey, knowing how it will serve as a model for those east coast states transitioning to adult use in the near term. We are proud of how we managed to scale alongside the demand in the last month and are thrilled to be able to serve more patients, customers, and wholesale partners with our newest cultivation facility and equipment,” said Nicholas Vita, CEO, Columbia Care. “As always, we owe a debt of gratitude to the CRC as well as local officials and our communities for their support in our efforts to make New Jersey one of the strongest cannabis markets in the world and a beacon for the industry.”

Both Cannabist locations began adult use sales on April 21 as one of the first seven operators to receive initial approval in the state and have continued to expand their hours. Each dispensary will continue to have medical-only hours, along with medical-only parking spots, pick-up lines and dedicated phone lines to ensure that patient access remains unaffected. Adult use customers will now find an even broader range of edibles, flowers, pre-rolls and vapes as more products are approved through the state’s third-party testing requirement. The menus also include an expanding brand selection, including Columbia Care brands Seed & Strain and Triple Seven, with more planned, pending regulatory approval.

In addition to the new 270,000-square-foot cultivation, manufacturing and processing facility, the Company also operates a 50,000-square-foot facility, also located in Vineland. The Company has a third retail location in development in New Jersey, which is expected to open later in 2022.

For more information on Cannabist locations, hours and menu availability in New Jersey, visit gocannabist.com/newjersey. For more information on Columbia Care, visit col-care.com.

About Columbia Care

Columbia Care is one of the largest and most experienced cultivators, manufacturers and providers of cannabis products and related services, with licenses in 18 U.S. jurisdictions and the EU. Columbia Care operates 131 facilities including 99 dispensaries and 32 cultivation and manufacturing facilities, including those under development. Columbia Care is one of the original multi-state providers of medical cannabis in the U.S. and now delivers industry-leading products and services to both the medical and adult-use markets. In 2021, the company launched Cannabist, its new retail brand, creating a national dispensary network that leverages proprietary technology platforms. The company offers products spanning flower, edibles, oils and tablets, and manufactures popular brands including Seed & Strain, Triple Seven, gLeaf, Classix, Press, Amber and Platinum Label CBD. For more information on Columbia Care, please visit www.col-care.com.

Caution Concerning Forward-Looking Statements

This press release contains certain statements that constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws and reflect the Company’s current expectations regarding future events. Forward-looking statements or information contained in this release include, but are not limited to, statements or information with respect to the Company’s ability to execute on retail, wholesale, brand and product initiatives in New Jersey. These forward-looking statements or information, which although considered reasonable by the Company, may prove to be incorrect and are subject to known and unknown risks and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from those expressed or implied by any forward-looking information. These risks, uncertainties and other factors include, among others, favorable operating and economic conditions; obtaining and maintaining all required licenses and permits; favorable production levels and sustainable costs from the Company’s operations; and the level of demand for cannabis products, including the Company’s products sold by third parties. In addition, securityholders should review the risk factors discussed under “Risk Factors” in Columbia Care’s Form 10 dated May 9, 2022, filed with the applicable securities regulatory authorities and described from time to time in documents filed by the Company with Canadian and U.S. securities regulatory authorities.

Contacts

Investor Contact
Lee Ann Evans

Capital Markets

ir@col-care.com

Media Contact
Lindsay Wilson

Communications

+1.978.662.2038

media@col-care.com

U.S. Mayors Double Down on Healthy Buildings to Support Healthier, More Resilient Cities

June 7, 2022 By Business Wire

Miami Mayor and U.S. Conference of Mayors President Francis Suarez rallies the nation’s mayors to step on healthy buildings by embracing WELL as a key solution for advancing healthier cities.

RENO, Nev.–(BUSINESS WIRE)–Today, as part of a renewed commitment to public health and national resilience, the nation’s mayors passed a major resolution to advance healthy buildings as a key strategy to support community preparedness and foster healthier, stronger cities. The policy resolution, adopted this morning by the U.S. Conference of Mayors (USCM) and its membership of over 1,400 cities at the conclusion of its 90th annual meeting in Reno, also encourages communities to lead by example across their municipal buildings by using the International WELL Building Institute’s WELL Health-Safety Rating.

“In Miami, and in cities across the country, we are looking much closer at the outsized role buildings play in keeping us safe and healthy,” said Mayor Francis Suarez, City of Miami and USCM President, who led the resolution along with co-sponsoring Mayors Steve Adler (Austin, TX), Todd Gloria (San Diego, CA) and Corey Woods (Tempe, AZ). “In fact, we spend roughly 90 percent of our time indoors, which underscores how important it is that our buildings are better positioned to protect and enhance human health.”

The resolution, titled “Advancing Healthy Buildings to Support Community and National Preparedness and Resilience,” urges cities to leverage available federal funding from the American Rescue Plan Act (ARPA) and the Bipartisan Infrastructure Law (BIL) to help spur local action across public building portfolios.

“Once again, mayors are out in front, adopting timely and significant policy that helps blaze a trail for people-first places in cities across the country,” said IWBI’s President and CEO Rachel Hodgdon. “We commend Mayor Suarez for his leadership, and the entire U.S. Conference of Mayors, for adopting this resolution and doubling down on WELL and its health and well-being strategies as a bedrock for driving healthier cities.”

Last week, Miami became the first city in the country to achieve the WELL Health-Safety Rating across a portfolio of city buildings. To help inspire fellow mayors, Mayor Suarez has urged other cities to follow suit and take similar action to lead on healthy buildings.

“By embracing WELL for our public buildings, we are stepping up — we’re walking the walk. I’m proud that this portfolio of city buildings, including our City Hall, is being recognized by IWBI, the world’s leading authority on healthy buildings,” said Mayor Suarez upon achieving the milestone. “I hope other cities will replicate what Miami is doing to advance WELL buildings, so we can deliver the benefits of healthy buildings to communities everywhere.”

In addition to the resolution, the USCM 90th Annual Meeting, which hosted hundreds of mayors in Reno, kicked off its Friday opening plenary with an armchair conversation between Mayor Suarez and IWBI Founder Paul Scialla, focusing on how cities can lead on WELL to achieve their healthy building goals.

“We’re looking forward to highlighting Miami – named the healthiest city in the country – and its achievement of the WELL Health-Safety Rating across municipal buildings, as a blueprint for other mayors to follow,” said Scialla, during the plenary session in Reno. “Mayors across the country are already leading. As they continue to use WELL to demonstrate that public buildings are safer, healthier and have the right protocols in place, other sectors will take note and follow their lead.”

Increasingly, local leaders are utilizing WELL to support health and well-being in their cities, including:

  • Miami, FL became the first in the country to achieve the WELL Health-Safety Rating across a portfolio of municipal buildings;
  • Austin, TX was one of the first cities in the country to achieve WELL Gold certification for one of its signature city buildings, the Permitting and Development Center;
  • Aspen, CO was one of the first cities in the country to achieve WELL Silver certification in its City Hall and policy department;
  • Chicago, IL was one of the first cities to reference WELL as a pathway to meet requirements in its local sustainable building policy; and
  • Columbia, SC has a portfolio of municipal buildings enrolled in the WELL Health-Safety Rating.

These city achievements reflect the USCM healthy buildings resolution, which, as noted, also aligns with concerted efforts being made to advance community preparedness. For example, it states:

“As the country moves forward and works to fortify against COVID-19 and future threats, cities and businesses alike are now embracing preparedness plans that support health and well-being in buildings to maximize prevention and minimize risk, including the adoption of healthy building tools like the WELL Health-Safety Rating for Facility Operations and Management, an evidence-based, third-party verified rating focusing on operational policies, cleaning protocols, and design strategies.”

WELL is now being adopted in 110 countries in 35,000 locations totaling 3.5 billion square feet of all space types. It is the leading global framework for scaling health across buildings, organizations and communities. Developed over 10 years and backed by the latest scientific research, WELL outlines key building-level interventions and organizational strategies across 10 categories: Air, Water, Nourishment, Light, Movement, Thermal Comfort, Sound, Materials, Mind and Community.

The U.S. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. Each year, during its annual conference, USCM approves a range of policy resolutions. These policy positions adopted collectively represent the views of the nation’s mayors and are distributed to the President of the United States and Congress.

About the International WELL Building Institute

The International WELL Building Institute (IWBI) is a public benefit corporation and the world’s leading organization focused on deploying people-first places to advance a global culture of health. IWBI mobilizes its community through the administration of the WELL Building Standard (WELL) and the WELL Health-Safety Rating, management of the WELL AP credential, the pursuit of applicable research, the development of educational resources, and advocacy for policies that promote health and well-being everywhere. More information on WELL can be found here.

International WELL Building Institute pbc is a wholly owned subsidiary of Delos Living LLC. International WELL Building Institute, IWBI, the WELL Building Standard, WELL v2, WELL Certified, WELL AP, WELL Portfolio, WELL Portfolio Score, The WELL Conference, We Are WELL, the WELL Community Standard, WELL Health-Safety Rating, WELL Health-Safety Rated, WELL Health-Equity, WELL Performance Rated, WELL Performance Rating, WELL and others, and their related logos are trademarks or certification marks of International WELL Building Institute pbc in the United States and other countries.

Contacts

Media: media@wellcertified.com

Cintas Canada Opens Polls for the 2022 Canada’s Best Restroom Contest

June 7, 2022 By Business Wire

The public can vote for the five finalists now through July 8

MISSISSAUGA, Ont.–(BUSINESS WIRE)–Cintas Canada, Ltd. invites the public to vote for their favourite washroom for the 2022 Canada’s Best Restroom contest. The public can vote multiple times now through July 8, 2022 at bestrestroom.com/Canada. The winner will receive $2,500 in facility services from Cintas to help maintain their award-winning washrooms.

The Canada’s Best Restroom contest highlights businesses that have invested in developing and maintaining exceptional washrooms. “We’re proud to recognize these five finalists for investing in clean and memorable washrooms,” said Candice Raynsford, Marketing Manager, Cintas Canada. “The public can show their support for these businesses by voting in the contest.”

Nominees for this year’s contest were judged on five criteria: cleanliness, visual appeal, innovation, functionality and unique design elements. The five finalists include:

  1. Majesty and Friends (Edmonton, Alberta): Majesty and Friends’ motto is “FUN, FUN, FUN,” so their washroom needed to offer the happiest vibes. The bright mural was inspired by the happiest treat on earth – ice cream. The flooring is Atra Flooring from Liverpool, and the sprinkles are made by Urban Walls. Their building at Manchester square is the biggest Instagrammable spot in Edmonton. Pink toilet paper and a cherry brush? Yes, please! With sprinkles!

  2. Niton Junction Petro-Canada (Niton Junction, Alberta): The Niton Junction Petro-Canada washrooms are clean and well-stocked. Inside this charming facility you will find completely touchless sanitary sinks and crystal lights giving an elegant, yet relaxed feel. The washroom stalls are fully enclosed, and each is decorated with a different decorative floor-to-ceiling wall tile and modern light fixtures.

  3. Toronto Zoo – African Rainforest Washroom (Toronto, ON): The Toronto Zoo returns to the competition in hopes of taking the throne and furthering their mission of connecting people, animals and conservation science to fight extinction. The new washrooms in the Toronto Zoo’s African Rainforest pavilion offer guests the opportunity to imagine themselves under the leafy canopy of the African Rainforest, home to the Western lowland gorilla. Door handles resemble a gorilla’s leafy diet and overhead lighting peeks through a canopy of acrylic foliage cut-outs to set the scene and illuminate the wood-finish stalls beneath. Each all-in-one handwashing unit is uniquely designed with conservation and technology in mind and features a hands-free faucet, soap dispenser and hand dryer: just one of the accessibility features in this facility. Colourful landscape murals, a snake-inspired mosaic and the unique floor design were inspired by the rainforests of Africa and are accentuated by fine details like high-gloss accents, representing the humidity of the region, and the iconic gorilla silhouette depicted in the privacy screens brings guests closer to nature. The designers hoped to encourage the appreciation of our natural world, provide an excellent experience for guests, and leave them with the desire to realize the Zoo’s vision of a world where wildlife and wild spaces thrive.

  4. Versante Hotel (Richmond, B.C.): Situated in Richmond, the Versante is a luxury boutique hotel that features a showstopping washroom. Decked out in gold accented accessories, the unisex washroom includes private, fully enclosed stalls behind glossy black doors. The walls are lined with black, marble tile. Vibrant-coloured Chinese lanterns hang above ceramic pedestal sinks with gold faucets. The large oval washroom was designed to offer guests a drama filled Instagram moment.

  5. Rollick Co. (Black Diamond, Alberta): This washroom was created as the ‘best room in the house’ of this local skateboard, bike and fishing shop, with the intention of it being a conversation-starter and great place for a selfie. Painted from top to bottom by a local graffiti and tattoo artist, Garrett Eagles, the full-colour graffiti pays homage to skate culture, connection to place and the offerings of the shop. A frog pulling a jump off the skate ramp, a fish with legs riding a bike, a Sasquatch on a stand-up paddle board, a UFO, a large earth worm (fishing bait) and an ice fishing hole painted on the ground complete the escape. A large gold antique mirror dominates one wall, and an XOXO wooden shelf is filled with extra toilet paper. This washroom is a fun surprise and delight for any who pop into the shop for a bike tune-up, advice on where to hike or fish, or an e-bike or standup paddle board rental.

For contest updates, fun facts and washroom trivia, “Like” Canada’s Best Restroom on Facebook at www.Facebook.com/CanadasBestRestroom.

For more information about the Canada’s Best Restroom contest or to receive a copy of the contest rules, contact Christina Alvarez at calvarez@mulberrymc.com or 708-908-0898.

About Cintas Canada, Ltd.

Cintas Canada Ltd, with headquarters in Mississauga, Ontario is a subsidiary of Cintas Corporation. Cintas helps more than 55,000 Canadian businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers’ facilities and employees clean, safe and looking their best. With offerings including uniforms, mats, mops, restroom supplies, first aid and safety products and training, Cintas helps customers get Ready for the Workday®. The company is also the creator of the Cintas Total Clean ProgramTM — a first-of-its-kind service that includes scheduled delivery of essential cleaning supplies, hygienically clean laundering, and sanitizing and disinfecting products and services. Cintas is a publicly held company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of the Standard & Poor’s 500 Index.

Contacts

Christina Alvarez

Mulberry Marketing Communications

708-908-0898

calvarez@mulberrymc.com

Schneider Electric Sweeps Design Prizes This Awards Season

June 3, 2022 By Business Wire

  • Products from across Schneider Electric’s portfolio are recognized for design-lead innovation, precise and user-focused ergonomics in 2022’s biggest design awards
  • Schneider Electric receives an impressive seven IF Design Awards
  • Schneider Electric receives three prestigious Red Dot Awards

MISSISSAUGA, Ontario–(BUSINESS WIRE)–Schneider Electric, the leader in the digital transformation of energy management and automation is celebrating success and recognition at the world’s most celebrated design awards this year.

The company’s product design and engineering teams continue to apply decades of experience in making homes and buildings safe, sustainable, efficient, and sophisticated – by providing the smart, connected, and intuitive design solutions that are continuing to attract the attention of some of the world’s top awards juries.

These esteemed design awards acknowledge and reward the exceptional, innovative design concept and functionality of Schneider Electric products and their role in empowering our society to make the most of our energy and resources for a climate-positive world.

IF Design Award-winning products that can produce and manage energy, adapt it to your lifestyle, keep you feeling safe and give you an opportunity to contribute to sustainable living

Recognized by 132 high-profile design experts from over 20 countries for designing products that have the greatest innovative power, Schneider Electric received seven prestigious IF Design Awards across several categories, including Hardware and Building, Industry/Tools and Interface for Digital Media.

The winning products of 2022 IF design award are the Wiser DC Smoke alarm, The SpaceLogic Controller Series, New Ovalis wiring device, The EvoPact medium voltage circuit breaker, The Facility Expert for Small Business Advisor, The Jueshi surge Protective Device, and Clipsal Max9 circuit protection.

  • The Wiser Smoke Alarm is designed to safeguard human lives from the potential risk of household fires. It can be easily integrated and wirelessly connected with Wiser smart home system. Clever design features such as the hidden LED lighting and the oversized button contribute to a minimalist look and an easy-to-use product.
  • The SpaceLogic Controller Series an important part of the EcoStruxure Building Operation, which offers customers the opportunity to perform better energy management and analysis and whose compact design and function integration reduces installation volume and cost.
  • The New Ovalis range of affordable wiring devices, designed to bring aesthetic appeal, connectivity and ergonomics to customers as well as easy installation for electricians.

Frederic Beuvry, SVP of Industrial Design and Ergonomics at Schneider Electric said:

“While quality and reliability are trademarks of Schneider Electric’s products and solutions, design is the unique element that enhances our customer’s experience. Our intuitive design creates an environment that builds a connection with our products and solutions and enables them to achieve their maximum potential. Through our unique design process, we build end-to-end experiences that are truly valuable to our customers and inspire them to contribute to sustainable living and reshape their business with our innovative and efficient solutions.”

Three Red Dot design awards from product to design, including Smart Home devices and home energy products.

With the design of its products being recognized as sophisticated, ergonomic, and user-friendly, the company has also received three notable accolades at the Red Dot Awards 2022.

The winning products include, once again, Wiser Smoke Alarm and SEMC-I Surge Protection Device and Putuo MT – Motor Mechanism – an electric motor that can remotely or manually operate molded case circuit breakers. Its new large slide design impresses with its user-friendliness and efficiency and allows users to easily switch between automatic and manual modes.

Professor Dr. Peter Zec, founder and CEO of Red Dot said:

“In this year of the competition, I have been particularly struck by the exceptional creativity shown by the award-winning products, including a range of solutions from Schneider Electric. It is really impressive and praiseworthy that there are still designs out there that can surprise us with their form and functionality. This makes it clear that design cannot be restricted or brought to a standstill by unfavorable circumstances. On the contrary: more and more new ideas and creations emerge, and futuristic techniques are developed. The fact that the quality of these products equals their level of innovation makes them well-deserved winners in the Red Dot Award: Product Design 2022.”

About the iF Design award

Since 1954, the iF DESIGN AWARD has been recognized as an arbiter of quality for excellent design. The iF Design brand is renowned worldwide for outstanding design services, and the iF DESIGN AWARD is one of the most important design prizes in the world. It honors design achievements in all disciplines: product, packaging, communication and service design, architecture and interior architecture as well as professional concept, user experience (UX) and user interface (UI). All award-winning entries are featured on www.ifdesign.com.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, endpoint to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

https://www.se.com/ca/en/

Discover Life Is On Follow us on: Twitter, Facebook, LinkedIn, YouTube, Instagram, Blog

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights

Contacts

Media Relations – Edelman on behalf of Schneider Electric, Juan Pablo Guerrero, Phone: +1 416 875 7173, Email: juan.guerrero@edelman.com

EPR Properties Announces $142 Million Acquisition of the Village Vacances Valcartier and Calypso Properties

June 3, 2022 By Business Wire

($179 Million CAD)

KANSAS CITY, Mo.–(BUSINESS WIRE)–EPR Properties (NYSE:EPR) today announced that it is acquiring the Village Vacances Valcartier resort and hotel in Quebec City, Quebec, and the Calypso Waterpark in Ottawa, Ontario for aggregate consideration of approximately $142 million USD (approximately $179 million CAD) using cash on hand. Simultaneous with the acquisition, the Company is leasing these properties to Premier Parks pursuant to a long-term triple net lease.

The Village Vacances Valcartier is an iconic four-season resort covering approximately 225 acres and offering indoor and outdoor water park attractions and winter activities, such as tubing and sledding, over 600 campground sites and a variety of food and beverage options. The resort also includes The Hotel Valcartier, a four-star modern hotel with 153 rooms, the famous Hotel de Glace (ice hotel) which offers guests a truly unique winter experience and the Aroma Spa.

Calypso Waterpark is the largest themed waterpark in Canada covering approximately 350 acres, with 35 water slides, two lazy rivers and home to the largest wave pool in the country.

“We are delighted to announce the acquisition of two of the top performing attractions in Canada. These acquisitions demonstrate the value of our years of experience and long-standing relationships in experiential real estate,” commented Gregory Silvers, Chairman and CEO of EPR Properties. “Consistent with our stated strategy, we are ramping up our investment spending as our pipeline of experiential real estate opportunities continues to grow.”

About EPR Properties

EPR Properties (NYSE: EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues which create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money. We have $6.5 billion in total investments across 44 states. We adhere to rigorous underwriting and investing criteria centered on key industry, property and tenant level cash flow standards. We believe our focused approach provides a competitive advantage and the potential for stable and attractive returns. Further information is available at www.eprkc.com.

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS

With the exception of historical information, certain statements contained or incorporated by reference herein may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The forward-looking statements presented herein, if any, are based on the Company’s current expectations. Forward-looking statements involve numerous risks and uncertainties, and you should not rely on them as predictions of actual events. There is no assurance the events or circumstances reflected in the forward-looking statements will occur. You can identify forward-looking statements by use of words such as “will be,” “intend,” “continue,” “believe,” “may,” “expect,” “hope,” “anticipate,” “goal,” “forecast,” “pipeline,” “estimates,” “offers,” “plans,” “would” or other similar expressions or other comparable terms or discussions of strategy, plans or intentions contained or incorporated by reference herein. Forward-looking statements necessarily are dependent on assumptions, data or methods that may be incorrect or imprecise. These forward-looking statements represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Many of the factors that will determine these items are beyond our ability to control or predict. For further discussion of these factors see “Item 1A. Risk Factors” in our most recent Annual Report on Form 10-K and, to the extent applicable, our Quarterly Reports on Form 10-Q.

For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date hereof or the date of any document incorporated by reference herein. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Except as required by law, we do not undertake any obligation to release publicly any revisions to our forward-looking statements to reflect events or circumstances after the date hereof.

Contacts

EPR Properties

Brian Moriarty, (816) 472-1700

www.eprkc.com

Newmont Completes Acquisition of Properties to Support Land Use Planning in Tahltan Territory

June 3, 2022 By Business Wire

Acquisition Intended to Protect and Conserve Lands Near Iskut

DENVER–(BUSINESS WIRE)–Newmont Corporation (NYSE:NEM, TSX:NGT) is announcing that it has closed a transaction with Skeena Resources Limited to acquire certain properties located in Tahltan Territory in northwestern British Columbia.

Newmont will work in collaboration with the Tahltan Nation, the Iskut community and the British Columbia government to make available portions of the acquired properties to support the land use planning objectives of the Tahltan Nation and the Iskut community.

“We are committed to sustainable resource development and developing a world class mining jurisdiction while protecting and conserving lands that are important to the Tahltan Nation and the Iskut community,” said Newmont President and CEO Tom Palmer. “The mining claims around Iskut are not being purchased for development or their mineral potential, but in an effort to address concerns raised through our engagement with the Tahltan Nation.”

In 2021, Newmont acquired the Saddle North deposit through the acquisition of GT Gold Corporation. At the time of acquisition, the Company recognized and continues to acknowledge the need for Tahltan consent to advance the project.

About Newmont

Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont’s sustainability strategy and initiatives, visit our annual Sustainability Report at www.newmont.com.

Cautionary Statement

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. Forward-looking statements may include expectations regarding the results of collaboration and land use planning with Tahltan, the Iskut community and the government in the future. Expectations of future events are based upon certain assumptions, which may prove to be incorrect, and remain subject to risks, which could cause actual results to differ materially. For a discussion of risks and other factors that might impact future looking statements, see the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the U.S. Securities and Exchange Commission (the “SEC”), under the headings “Forward- Looking Statements” and “Risk Factors”, available on the SEC website or www.newmont.com.

Contacts

Media Contact

Courtney Boone

303.837.5159

courtney.boone@newmont.com

Investor Contact

Daniel Horton

303.837.5468

daniel.horton@newmont.com

Stelco Closes Sale of its Hamilton Lands

June 2, 2022 By Business Wire

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

Transaction highlights include:

  • Gross proceeds of $518 million received by Stelco Inc.
  • Leaseback of land underlying Stelco’s value-added steel finishing operations on favourable terms for 35 years, with renewal options for five further 20-year terms
  • Allows for redevelopment of lands that have been idled since 2010 by major Ontario commercial and industrial real estate company
  • Further demonstrates Stelco’s commitment to realizing significant value from underutilized assets

HAMILTON, Ontario–(BUSINESS WIRE)–Stelco Holdings Inc. (TSX: STLC) (“Stelco” or the “Company”) announced today that its wholly-owned subsidiary, Stelco Inc., has successfully closed a sale-leaseback transaction with an affiliate of Slate Asset Management (“Slate”). Stelco Inc. has sold the entirety of its interest in the approximately 800-acre parcel of land it occupies on the shores of Hamilton Harbour in Hamilton, Ontario to Slate for gross consideration of $518 million. In conjunction with the sale, Stelco Inc. has entered into a long-term lease arrangement for certain portions of the lands to continue its cokemaking and value-added steel finishing operations at its Hamilton Works site in Hamilton, Ontario.

Under the lease arrangements, Stelco will lease back portions of the lands on which it conducts its cold-rolling, galvanizing and other finishing operations under a 35-year lease, with renewal options for five additional 20-year terms. In addition, Stelco has entered into leases in respect of its Hamilton Works coke battery operations and its headquarters building and has the option to lease newly constructed office space at the Hamilton Works site on the expiry of the headquarters lease. The rental rates in respect of the leases are at market rates. The leases are ‘triple-net’ leases whereby Stelco is responsible for all operating, occupancy and maintenance costs and expenses in respect of the leased premises. Upon expiration of the respective leases, Stelco is required to vacate and demolish the buildings on the premises.

Stelco Executive Chairman and Chief Executive Officer Alan Kestenbaum said: “Stelco is thrilled to partner with Slate on this transaction. After reacquiring the lands in Hamilton, we have been working to unlock value and find the right partner to redevelop the lands upon which Stelco was founded. This is a great transaction for Stelco and its shareholders, and introduces a strong and experienced developer in Slate to further develop and grow our home city of Hamilton.” Kestenbaum continued, “We look forward to continuing to operate in the community that we have called home for over 100 years as it enjoys new growth opportunities.”

About Stelco

Stelco is a low cost, integrated and independent steelmaker with one of the newest and most technologically advanced integrated steelmaking facilities in North America. Stelco produces flat-rolled value-added steels, including premium-quality coated, cold-rolled and hot-rolled sheet products, as well as pig iron and metallurgical coke. With first-rate gauge, crown, and shape control, as well as uniform through-coil mechanical properties, our steel products are supplied to customers in the construction, automotive, energy, appliance, and pipe and tube industries across Canada and the United States as well as to a variety of steel service centres, which are distributors of steel products. At Stelco, we understand the importance of our business reflecting the communities we serve and are committed to diversity and inclusion as a core part of our workplace culture, in part, through active participation in the BlackNorth Initiative.

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 Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information may relate to our future outlook and anticipated events or results and may include information regarding our financial position, business strategy, growth strategy, budgets, operations, financial results, taxes, dividend policy, plans and objectives. Particularly, information regarding our expectations of future results, performance, achievements, prospects or opportunities is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “budget”, “scheduled”, “estimates”, “outlook”, “forecasts”, “projection”, “prospects”, “strategy”, “intends”, “anticipates”, “does not anticipate”, “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will”, “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates and projections regarding future events or circumstances. These statements include, without limitation, statements regarding our continued operations in the community.

Undue reliance should not be placed on forward-looking information. The forward-looking information in this press release is based on our opinions, estimates and assumptions in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we currently believe are appropriate and reasonable in the circumstances. Despite a careful process to prepare and review the forward-looking information, there can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Certain assumptions in respect of: the utilization of and access to our production capacity; capital expenditures associated with accessing such production capacity; the impact of COVID-19 on our business and the broader market in which we operate; the market’s ability to recover from COVID-19; upgrades to our facilities and equipment; our research and development activities associated with advanced steel grades; our ability to source raw materials and other inputs; our ability to supply to new customers and markets; our ability to effectively manage costs; our ability to attract and retain key personnel and skilled labour; our ability to obtain and maintain existing financing on acceptable terms; currency exchange and interest rates; the impact of competition; changes in laws, rules, and regulations, including international trade regulations; and growth in steel markets and industry trends are material factors made in preparing the forward-looking information and management’s expectations contained in this press release.

There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents our expectations as of the date of this news release and are subject to change after such date. Stelco disclaims any intention or obligation or undertaking to update publicly or revise any forward-looking statements, whether written or oral, whether as a result of new information, future events or otherwise, except as required by law.

Contacts

For Further Information

For investor enquiries: Paul D. Scherzer, Chief Financial Officer, (905) 577-4432, paul.scherzer@stelco.com

For media enquiries: Trevor Harris, Vice-President, Corporate Affairs, (905) 577-4447, trevor.harris@stelco.com

Saint-Gobain Reinforces its Leadership in Light and Sustainable Construction in North America by Signing a Definitive Agreement to Acquire Kaycan, Top Siding Player in Canada

June 1, 2022 By Business Wire

MALVERN, Pa.–(BUSINESS WIRE)–Saint-Gobain announces today that it has entered into a definitive agreement pursuant to which the Group will acquire Kaycan, Ltd., a family-owned manufacturer and distributor of exterior building materials in Canada and in the United States, for US$928 million (approximately €860 million) in cash.

With this acquisition, Saint-Gobain reinforces its worldwide leadership in light and sustainable construction by becoming the top siding player in Canada and enlarging its vinyl offer across the United States with complementary solutions including notably aluminum and engineered wood.

The price represents a multiple (before synergies) of approximately 11.2x Kaycan’s 2021-2022E1 EBITDA of US$83 million and a net acquisition price of approximately US$820 million, i.e. a multiple of approximately 8.0x EBITDA post run-rate synergies of US$30 million and after the planned divestiture of the small United States distribution arm of Kaycan (that accounts for c.US$70 million in stand-alone resell of Kaycan products to third parties and c.US$10 million in EBITDA, assumed to be sold at a similar pre-synergy multiple to a third party shortly after the finalization of the transaction), while keeping the locally well-established Canadian distribution.

This acquisition meets the Group’s strategic and financial criteria articulated during the Capital Markets Day of October 6, 2021:

  1. Strengthening the Group’s leadership in North America as well as enriching our offering in light and sustainable construction
  2. Value creation by year 3 following the closing of the transaction
  3. Maintaining a strong balance sheet and solid credit rating with a limited impact of +0.1x net debt to EBITDA with leverage staying within the target set (1.5 to 2.0x)

Closing of the transaction is subject to antitrust approvals and satisfaction of other customary closing conditions; it is expected to close by year-end 2022.

STRATEGIC BENEFITS

Kaycan is a leading exterior building materials player with US$472 million in revenues – more than half in Canada and the remainder in the United States, 12 manufacturing plants (of which 9 in Canada) and employing around 1,300 people. It is the leading manufacturer of siding products in Canada which it sells thanks to its well-known and trusted brand via its dedicated distribution and strong channel coverage in big box retail, providing unparalleled customer reach across the country and with recycling services of post-consumption materials which can in turn be incorporated into the production process. Leveraging the highly efficient country organization of Saint-Gobain, this acquisition will complement the Group’s leadership in Canada (where Saint-Gobain achieved 2021 sales of around CAD$750 million across gypsum, insulation, ceilings and roofing) allowing it to broaden the light and sustainable construction solutions offered for the benefit of its Canadian customers. It will also allow Saint-Gobain to strengthen and expand its channel coverage and partnerships to reach new customers in the light commercial market.

The acquisition also enables Saint-Gobain to reinforce its activities in siding in the United States and will allow the Group to broaden its offer towards the growing markets of aluminum and engineered wood siding solutions, manufactured using a high degree of recycled materials.

VALUE CREATION & SYNERGIES

A value-creative transaction for Saint-Gobain’s shareholders with significant synergies. This acquisition will create value by year 3 following closing of the transaction. Saint-Gobain will finance the acquisition through cash on its balance sheet. Significant synergy opportunities are estimated at c. US$30 million by year 3 following the closing of the operation, including cost synergies of c. US$23 million which are expected to be captured through the reduction of SG&A, economies of scale in procurement, and manufacturing and logistics cost optimization.

Benoit Bazin, Chief Executive Officer of Saint-Gobain, commented:

“The acquisition of Kaycan is an excellent step for Saint-Gobain and I am very enthusiastic to warmly welcome the Kaycan teams into the Group. Not only does this acquisition allow us to strengthen our presence in siding both in Canada and in the United States, but it also allows us to broaden our offering into the exciting growth areas of aluminum and engineered wood siding, largely made with recycled materials and thus helping to drive the circular economy ecosystem in construction. It is perfectly aligned with the “Grow & Impact” strategy announced at our Capital Markets Day and reinforces our position in North America and as the worldwide leader in light and sustainable construction. It will create significant value for shareholders, enhance the profitable growth outlook of the Group, enrich our solutions for customers and provide attractive development opportunities for the Kaycan and Saint-Gobain teams.”

Lionel Dubrofsky, President of Kaycan, commented:

“Today marks the beginning of an exciting new chapter of Kaycan’s history. Ever since my family founded Kaycan in 1974, our team has been laser-focused on providing the best customer service possible throughout Canada and the United States, all while pushing the boundaries of imagination and innovation to expand our product portfolio over the past decades. Now we have the opportunity to join Saint-Gobain, a renowned leader in light and sustainable construction. We are filled with gratitude for our team’s hard work over the past 48 years, and we’re thrilled to see what comes next for our combined companies.”

The planned acquisition of Kaycan follows several other North American growth investments announced by Saint-Gobain in recent months:

  • In May, Saint-Gobain announced a $100 Million expansion of its CertainTeed roofing facility in Peachtree City, Georgia, more than doubling the site’s production capacity while also reducing its carbon dioxide emissions.
  • Also in May, the company announced a $28 Million investment in its ADFORS technical textile products facility in Dublin, Georgia, creating 400 jobs over the next two years.
  • In April, Saint-Gobain announced it was doubling the manufacturing footprint of its CertainTeed Architectural manufacturing site in Lakewood, Ohio by moving to a new, state-of-the-art location in nearby Strongsville, Ohio.
  • Also in April, Saint-Gobain announced a $118 Million expansion of its CertainTeed roofing plant in Oxford, North Carolina, adding an additional 225,000 square feet of manufacturing space to what was already one of the largest roofing shingle manufacturing sites in North America.
  • In February, the company invested $32 Million in its CertainTeed insulation manufacturing site in Chowchilla, California, increasing the location’s production capacity by 13% while also reducing its carbon footprint.
  • In December, Saint-Gobain announced its intent to purchase construction chemicals manufacturer GCP Applied Technologies for $2.3 Billion.

About CertainTeed

Through the responsible development of innovative and sustainable building products, CertainTeed, headquartered in Malvern, Pennsylvania, has helped shape the building products industry for more than 115 years. Founded in 1904 as General Roofing Manufacturing Company, the firm’s slogan “Quality Made Certain, Satisfaction Guaranteed,” inspired the name CertainTeed. Today, CertainTeed is a leading North American brand of exterior and interior building products, including roofing, siding, solar, fence, railing, trim, insulation, drywall and ceilings. www.certainteed.com.

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group’s commitment is guided by its purpose, “MAKING THE WORLD A BETTER HOME.”

€44.2 billion in sales in 2021

166,000 employees, located in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more details on Saint-Gobain, visit http://www.saint-gobain.com and follow us on Twitter @saintgobain.

1 2021-2022E = fiscal year starting August 1, 2021 and ending July 31st, 2022

Contacts

David Rosen

Saint-Gobain Corporate Communications

Media@saint-gobain.com

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