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Dream Impact Trust Announces April 2022 Monthly Distribution

April 21, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream MPCT” or the “Trust”) today announced its April 2022 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The April distribution will be payable on May 13, 2022 to unitholders of record as at April 29, 2022.

About Dream Impact Trust

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

Contacts

DREAM IMPACT TRUST

Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kimberly Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

Dream Industrial REIT Announces April 2022 Monthly Distribution

April 21, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its April 2022 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The April distribution will be payable on May 13, 2022 to unitholders of record as at April 29, 2022.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2021, Dream Industrial REIT owns, manages and operates a portfolio of 239 industrial assets (351 buildings) comprising approximately 43 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to continue to grow and upgrade the quality of its portfolio which primarily consists of distribution and urban logistics properties and to provide attractive overall returns to its unitholders. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

DREAM INDUSTRIAL REIT

Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov

Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

Dream Industrial REIT Q1 2022 Financial Results Release Date, Webcast and Conference Call

April 20, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (DIR.UN – TSX) will be releasing its financial results for the quarter ended March 31, 2022, on Tuesday, May 3, 2022.

Senior management will be hosting a conference call to discuss the financial results.

Conference call:

Date:

 

Wednesday, May 4, 2022 at 11:00 a.m. (ET)

Dial:

 

For Canada please dial: 1-866-455-3403

 

 

For International please dial: 647-484-8332

Passcode:

 

29629219#

A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Industrial REIT’s website at www.dreamindustrialreit.ca and click on Calendar of Events in the News and Events section.

Webcast:

To access the conference call via webcast, please go to Dream Industrial REIT’s website at www.dreamindustrialreit.ca and click on Calendar of Events in the News and Events section. The webcast will be archived for 90 days.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at December 31, 2021, Dream Industrial REIT owns, manages and operates a portfolio of 239 industrial assets (351 buildings) comprising approximately 43 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to continue to grow and upgrade the quality of its portfolio which primarily consists of distribution and urban logistics properties and to provide attractive overall returns to its unitholders. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

DREAM INDUSTRIAL REIT

Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov

Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

Lakeview Community Partners Celebrate Launch of Discovery Centre, Welcoming the Public to Explore Canada’s Most Sustainable Waterfront Community

April 20, 2022 By Business Wire

A milestone achievement, the Discovery Centre serves as an architectural landmark for the local community and future homeowners to discover and engage with Lakeview Village

MISSISSAUGA, Ontario–(BUSINESS WIRE)–Lakeview Community Partners Limited (LCPL), the developers behind Lakeview Village, a vibrant mixed-use waterfront community being built on a 177-acre brownfield site along Mississauga’s waterfront, celebrated the launch of the Discovery Centre on April 7, 2022, with its doors officially opening to the public on April 18, 2022. The first completed building on the Lakeview Village site, the Discovery Centre is a local architectural landmark that will be used as a community destination, sales centre and hub for local artists, events and exhibitions.


Designed by Q4 Architects with interior by II BY IV Design, the Discovery Centre’s modern, open and contemporary feel beautifully captures the intersection of meaningful community connection and sustainable development, reflecting the guiding principles behind Lakeview Village.

“We are incredibly excited to officially open the doors to the Discovery Centre and welcome visitors to come and experience the scale of the Lakeview Village project and the vision behind its master plan,” said Fabio Mazzocco, President of Argo Development Corporation and Lakeview Community Partners. “Throughout the Discovery Centre, we have thoughtfully incorporated the defining elements that characterize Lakeview Village – sustainability, modern architecture, the arts, culture and open gathering space – all driven by the powerful influence of re-establishing a connection to the waterfront.”

A PLACE OF CONNECTION AND DISCOVERY

The Discovery Centre, which has been meaningfully built with the community in mind, will serve as an immersive and interactive central gathering place for visitors to discover all aspects behind the Lakeview Village project, from design, public art and construction to technology and sustainability. Each of these characteristics have been thoughtfully incorporated through forward-thinking design elements which emphasize a connection to nature and the site’s natural heritage.

A place of connection and discovery, the Discovery Centre is also a gateway to the larger Lakeview Village site – a network of walkable trails and cycling routes, a new recreational field, a seasonal art trail featuring commissioned works by local artists and stunning waterfront views.

THE BUILDING

The first floor is dedicated to builder exhibitions, creating a digitally immersive sales experience that unites the Phase 1 Builders, Branthaven, Caivan, Greenpark Group, DECO, Opus Homes, and Tridel to showcase prospective homeowners a diverse range of offerings, complete with floral installations, a wrap-around living green wall and anchored by a large, scaled model of Lakeview Village, one of Canada’s largest, most interactive and dynamic model developments.

On the second floor, visitors can take in scenic views of the waterfront, the green roof, living green walls and digital murals via the large screens in the lobby. An outdoor courtyard serves as additional space for community gatherings, musical events and art exhibitions hosted by Lakeview Village’s resident artists.

INNOVATION: FROM AN INDUSTRIAL PAST TO A SUSTAINABLE FUTURE

Sustainability, innovation and environmental stewardship are at the core of Lakeview Village. Designed with these principles in mind, the Discovery Centre brings nature indoors through a number of features to encourage authentic, meaningful connections to the environment and future Lakeview Village community:

  • Green Roof: A thriving ecosystem of over 1500 native plants from 30 different species, the roof is made of 100% recycled materials and provides a refuge and habitat for birds, bees, and butterflies while enhancing biodiversity, stormwater management, and acting as a seed orchard for future green roof projects.
  • Living Wall: A wrap-around green wall featuring a diverse ecosystem with over 20 different plant species augments the building’s interior, drawing on the tenets of biophilic design while improving air quality increasing humidity, to provide a more comfortable indoor environment.
  • 4 Sisters: Reflecting the site’s transformation, the centre reimagines the land’s former occupant, a coal-burning powerplant known as the ‘Four Sisters Smokestacks,” as four large windows, drawing light into the space during the day and framing the building at night.
  • Sage Glass: Advanced glass technology used to optimize daylight, manage heat and reduce energy consumption while maintaining panoramic views of the surrounding area, the glass, doors and railings have also been glazed with bird-friendly film to mitigate day and nighttime collisions while making the building less dangerous to migratory birds.

A HOME FOR ARTS AND CULTURE

As part of LCPL’s vision and commitment to transforming Mississauga’s waterfront, the developers launched a partnership with Artscape Atelier in 2020 and have commissioned a variety of public art to animate the site throughout the construction phase while creating opportunities for artists to meaningfully participate in community-building.

In addition to existing artwork across the development site, the Discovery Centre features an array of new, interactive work by local contemporary artists:

  • “Composition for Wind” is a 25-foot, kinetic cloud sculpture created by Brad Hindson and Michael Simon of Studio F Minus that explores the multifaceted relationship between humans and the natural world, integrating themes of connection, collaboration, and transformation.
  • “A Walk in Nature” is an interior, aerial floral installation by Natalie Schiabel, inspired by the complex ecosystems and native flora and mosses in Mississauga.
  • A digital, rotating exhibit in the lobby features a collection of artworks by four artists:

    • “Le Jardin de Tous” Everyone’s Garden, Jacqueline Mak
    • “Niña’s Lake Forest” by Soon Cho
    • “Here and Now” by Meaghan Ogilvie
    • “Our Neighbour – the waters of Lake Ontario” by Erin FitzGibbon

“The completion of the Discovery Centre marks the culmination of years of incredible, collaborative work and visionary planning, and reveals what’s in store for Lakeview Village,” said Brian Sutherland, Vice-President of Development, Argo Development Corporation and development lead for Lakeview Village. “Together, we are bringing Canada’s most transformative waterfront community to the shores of Lake Ontario, and we are honoured to invite you all to come and experience it.”

To learn more about the Discovery Centre, visit: https://mylakeviewvillage.com/discovery-centre

To learn more about Lakeview Village and how it is redefining the development of smart cities in Canada, visit the website: www.mylakeviewvillage.com

About Lakeview Community Partners Limited

Lakeview Community Partners Limited is a partnership of community builders that includes TACC Construction Limited, Greenpark Group, CCI Development Group, Branthaven and Argo Development Corporation. The partnership represents an unprecedented collaboration dedicated to transforming Mississauga’s waterfront through the development of Lakeview Village, a sustainable mixed-use community and all-season destination on the former site of the Lakeview Generating Station, a decommissioned coal-fired power plant. This transformative 177-acre revitalization project will revolutionize the way people live, visit and experience the waterfront through its thoughtful design and curated collection of housing, retail, office and recreational programming. For more information, visit www.mylakeviewvillage.com.

Contacts

Media Inquiries:
Kaiser & Partners, on behalf of Lakeview Community Partners Limited

Lauren Bech-Hansen

416-278-5685

lauren.bechhansen@kaiserpartners.com

Sonder Holdings Inc. Announces Elimination of Single-Use Plastic Amenities in Guest Units Worldwide

April 20, 2022 By Business Wire

Tech-enabled hospitality provider to phase out single-use plastic amenities by EOY 2022

SAN FRANCISCO–(BUSINESS WIRE)–Sonder Holdings Inc. (Nasdaq: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, is eliminating single-use plastic amenities in all of its guest-facing units no later than Dec. 31, 2022.

Sonder expects this commitment will eliminate approximately 1.6 million single-use plastic amenity items (~6,700 kg) annually in its North American operations alone by making supply chain changes, sourcing exclusively from suppliers with sustainable packaging. Guest amenity items that will be eliminated or shifted to more sustainable or reusable sources include bottled water, disposable cups, toiletry bottles, packaged coffee, packaged foods/drinks/condiments, straws, and stirrers.

“We’re implementing this responsible business practice early to proactively keep our environmental impact low. Removing single-use plastic amenities in all guest units across our global portfolio aligns with our mission to revolutionize hospitality and deliver what the modern traveler demands. It also makes good business sense, driving long-term efficiencies and savings for our operations,” said Francis Davidson, Co-Founder and Chief Executive Officer of Sonder. “We’ve carefully selected amenities that provide the same quality to our guests with less waste.”

Sonder is rolling out luxurious toiletries by Davines, a certified B Corp luxury beauty brand in Parma, Italy that strives to place social and environmental sustainability at the core of its ethos. Shower gel, shampoo, and conditioner will be provided in wall-mounted, refillable dispensers, while soap bars and body lotion will be provided in paper and aluminum packaging, free from single-use plastic. The amenities are from Davines’ Essential Haircare DEDE range, formulated with red celery extract from a Slow Food Presidium farm in Italy to safeguard biodiversity and are exclusive to Sonder in the hospitality space.

For coffee packets, Sonder worked with its existing gourmet coffee supplier Metropolis Coffee Company to develop home compostable and BPI certified packaging. The new coffee pods are tailored to Sonder’s requirements to eliminate both single-use plastic and metal foil, and where ground coffee is provided, it is in compostable bags. In addition, Metropolis has a commitment to sustainability and community support, with every bag of coffee being traceable back to the farm from which it came.

Sonder’s elimination of single-use plastic amenities in all of its guest-facing units by the end of 2022 is part of its wider sustainability commitments under the company’s People, Place & Planet framework, including commitments to optimize energy consumption.

About Sonder

Sonder (NASDAQ: SOND) is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all.

To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram.

Download the Sonder app on Apple or Google Play.

Contacts

Media:

Fiona Story

press@sonder.com

Chemtrade Launches Process to Sell Vancouver Real Estate Through a Sale-Leaseback Transaction

April 20, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Chemtrade Logistics Income Fund (TSX: CHE.UN) announced plans to actively pursue the sale of land at its North Vancouver, BC site through a sale-leaseback structure. The portion of the company’s North Vancouver operating facility that Chemtrade is offering for sale includes approximately 40 acres (16 hectares) of industrial zoned and rail served land. The remaining portion of the site is currently leased from the Vancouver Fraser Port Authority. Chemtrade plans to continue to operate its North Vancouver facility following the completion of the proposed sale-leaseback arrangement.

Chemtrade has launched a formal process to evaluate options for this transaction and cannot guarantee that any transaction will take place, nor provide guidance on the interest in or likelihood of any sale. Chemtrade will not issue any further updates until material terms of an agreement are reached or the process is terminated.

Scott Rook, President and CEO said, “We are excited about the financial flexibility that this opportunity could create for Chemtrade. The anticipated proceeds of the transaction could provide significant liquidity for investments in organic growth while also helping to reduce debt.”

RBC Capital Markets Real Estate Group and Colliers International will be assisting in the marketing and sale effort. For additional information about the property sale please contact the representatives below.

About Chemtrade

Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world. Chemtrade is one of North America’s largest suppliers of sulphuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, sodium hydrosulphite and phosphorus pentasulphide. Chemtrade is a leading regional supplier of sulphur, chlor-alkali products, liquid sulphur dioxide, and zinc oxide. Additionally, Chemtrade provides industrial services such as processing by-products and waste streams.

Caution Regarding Forward-Looking Statements

Certain statements contained in this news release constitute forward-looking statements within the meaning of certain securities laws, including the Securities Act (Ontario). Forward-looking statements can be generally identified by the use of words such as “anticipate,” “continue,” “estimate,” “expect,” “expected,” “intend,” “may,” “will,” “project,” “plan,” “should,” “believe” and similar expressions. Specifically, forward-looking statements in this news release include statements respecting certain future expectations about: Chemtrade’s ability to sell its North Vancouver, BC property; its intention to lease back the land and to continue to operate its facility; the anticipated proceeds and any financial flexibility, liquidity, debt reduction or investment in organic growth that they may create. Forward-looking statements in this news release describe the expectations of the Fund and its subsidiaries as of the date hereof. These statements are based on assumptions and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the “RISK FACTORS” section of the Fund’s latest Annual Information Form and the “RISKS AND UNCERTAINTIES” section of the Fund’s most recent Management’s Discussion & Analysis.

Although the Fund believes the expectations reflected in these forward-looking statements and the assumptions upon which they are based are reasonable, no assurance can be given that actual results will be consistent with such forward-looking statements, and they should not be unduly relied upon.

Except as required by law, the Fund does not undertake to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement.

Contacts

For further corporate information:

Rohit Bhardwaj

Chief Financial Officer

Tel: (416) 496-4177

Ryan Paull

Business Development Manager

Tel: (973) 515-1831

For further information on the real estate opportunity:

Stuart Morrison: Stuart.Morrison@colliers.com

Jason Cottle: Jason.Cottle@rbccm.com

Tricon Announces Date for First Quarter 2022 Results Conference Call

April 19, 2022 By Business Wire

 

TORONTO–(BUSINESS WIRE)–Tricon Residential Inc. (“Tricon” or the “Company”) (NYSE: TCN; TSX: TCN), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, invites you to participate in its live conference call with senior management to discuss the Company’s financial results for the first quarter of 2022. The call will take place on Wednesday, May 11 th at 11 a.m. ET.

Tricon’s financial statements and management’s discussion and analysis for the first quarter of 2022 will be released prior to the call and will be made available on the Company’s website, on the Canadian Securities Administrators’ website at www.sedar.com and on the U.S. Securities and Exchange Commission website at www.sec.gov.

To access the call, please dial (888) 550-5422 or (646) 960-0676 (Conference ID #3699415). The conference call will be available via webcast on the Tricon Residential Investor Relations website at www.triconresidential.com. A replay of the call will be available from 2pm ET on May 11th, 2022, until midnight ET, on June 11th, 2022. To access the replay, call (800) 770- 2030 or (647) 362- 9199, followed by Conference ID #3699415.

About Tricon Residential Inc.

Tricon Residential is an owner and operator of a growing portfolio of approximately 37,000 single-family rental homes and multi-family rental apartments in the United States and Canada with a primary focus on the U.S. Sun Belt. Our commitment to enriching the lives of our residents and local communities underpins Tricon’s culture and business philosophy. We strive to continuously improve the resident experience through our technology-enabled operating platform and innovative approach to rental housing. At Tricon Residential, we imagine a world where housing unlocks life’s potential. For more information, visit www.triconresidential.com.

Contacts

Investors:
Wissam Francis

EVP & Chief Financial Officer

Tel: 416-323-2484

Email: wfrancis@triconresidential.com

Wojtek Nowak

Managing Director, Capital Markets

Tel: 416-925-2409

Email: wnowak@triconresidential.com

Slate Grocery REIT Announces Distribution for the Month of April 2022

April 19, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declared a distribution for the month of April 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 May 16, 2022 to unitholders of record as of the close of business on April 29, 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. $1.9 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

Slate Office REIT Announces Distribution for the Month of April 2022

April 19, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that the Board of Trustees has declared a distribution for the month of April 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 May 16, 2022 to unitholders of record as of the close of business on April 29, 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

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

Alwington Communities Becomes the Largest Condominium Corporation Management Company in Southeastern Ontario

April 19, 2022 By Business Wire

KINGSTON, Ontario–(BUSINESS WIRE)–Alwington Communities has become the largest condominium corporation management company in Southeastern Ontario. Alwington’s recent acquisition of River City Property Management Company in Brockville adds an additional 70 rental units and 17 condominium corporations to Alwington’s rapidly expanding portfolio.

“Alwington’s incredible growth over the last few years is a testament to our exemplary employees across Ontario who provide consistent, high-quality service at every step,” said Alwington Communities’ President, Michael Trendota. “As we continue to grow, we are thrilled to be strengthening our presence in the Brockville and Cornwall community and are excited to welcome an incredible roster of talented individuals to our team,” he added.

The River City transaction closed on March 15, 2022. The newly acquired company will continue to operate under the River City Property Management name for the foreseeable future. For more information about Alwington Communities, please visit alwington.com

ABOUT ALWINGTON COMMUNITIES

Founded and headquartered in Kingston, Ontario in 2015, Alwington Communities operates throughout the Province of Ontario. The firm maintains offices in Kingston and Brockville, with satellite offices in Oshawa and Guelph. In 2022, Alwington became the largest condominium management firm in Southeastern Ontario, managing 48 condominium corporations and over 2,800 units. Alwington Communities is a Keilty Realty company. For more information, visit alwington.com

Contacts

Media:

Carol King
Senior Account Executive
McOuat Partnership

Cell: 905-903-9059

carol@partnership.ca

Metrie Closes Acquisition of EL & EL Wood Products Corp.; Expands Footprint in California and Its National Distribution Coverage

April 19, 2022 By Business Wire

VANCOUVER, British Columbia–(BUSINESS WIRE)–Metrie®, North America’s largest manufacturer and distributor of millwork solutions, today completed its acquisition of EL & EL Wood Products Corp (“EL & EL”), the premier two-step distributor of moulding, millwork, and door products across the Southwest US.

“We are excited to complete the acquisition and formally welcome the EL & EL team into the Metrie family. We are better, together,” commented Kent Bowie, President & CEO, Metrie. “We share the same close-knit, people-first culture, and laser focus on customer experience. This, combined with our strong operational capabilities in manufacturing and distribution, positions us well for continued growth in the millwork industry.”

“We want our existing customers, suppliers, and other stakeholders in the Southwest to know that this transaction will not change our customer excellence mindset. To showcase that continuity of service, for the foreseeable future the Southwest business will carry both the Metrie and EL & EL names,” continued Mr. Bowie.

The Metrie EL & EL business in the Southwest will continue to be managed by Lincoln Orellana, Regional Director, California, who has been part of the EL & EL leadership for 9 years. He commented, “I am excited about what the two teams can achieve in supporting our customers and continuing to lead the Southwest market in service, product range, and reliability. I am sure I speak on behalf of close to 400 colleagues when I say we are better, together; and proud to be Metrie EL & EL.”

“We now have a strong presence in every strategic market in Canada and the US; and we are still growing. For family-owned businesses seeking financial and ownership optionality in a consolidating market, like EL & EL Wood Products, Metrie can be a friendly partner of choice,” concluded Mr. Bowie.

Advisors:

Fort Capital Partners acted as exclusive financial advisor and Stoel Rives LLP acted as legal counsel for Metrie.

Fifth Third Securities acted as exclusive financial advisor and Best Best & Krieger LLP acted as legal counsel for EL & EL Wood Products.

About Metrie®:

For nearly 100 years, Metrie has helped people transform their homes with high quality millwork products. The Metrie story began in 1926 as a small, family-owned and -operated business in Vancouver, B.C. Since then, Metrie’s commitment to innovative design and fine craftsmanship has helped the company expand operations to include six solid wood and MDF manufacturing facilities, plus 26 distribution centers in the U.S. and Canada. Metrie has grown over the last nine decades to become the largest MDF moulding manufacturer in North America. For more information, please visit www.Metrie.com or visit us on social media: LinkedIn, Facebook, Instagram, Twitter, Pinterest, YouTube and Houzz.

Contacts

Jonathan Anthony, Director, Corp. Communications | Jonathan.Anthony@metrie.com | 604-374-3240

 

Slate Grocery REIT to Release First Quarter 2022 Results

April 15, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it will be releasing its first quarter 2022 results before market hours on Tuesday, May 10, 2022. Senior management will host a live conference call at 9:00 am ET on Tuesday, May 10, 2022 to discuss the results and ongoing business initiatives of the REIT.

Conference Call Details

The conference call can be accessed by dialing (647) 427-2311 or 1 (866) 521-4909. Additionally, the conference call will be available via simultaneous audio found at https://www.snwebcastcenter.com/webcast/slate/2022/0510. A replay will be accessible until May 24, 2022 via the REIT’s website or by dialing (416) 621-4642 or 1 (800) 585-8367 (access code 8270244) approximately two hours after the live event.

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. $1.9 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-FR

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

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