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SmartCentres Real Estate Investment Trust Announces $500 Million Series AC and Series AD Senior Unsecured Debenture Issues

October 20, 2025 By Business Wire

Not for Distribution in the United States or Over United States Wire Services

TORONTO–(BUSINESS WIRE)–$SRU.UN #CapitalMarkets–SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that it has priced an offering of $250 million aggregate principal amount of 3.599% Series AC senior unsecured debentures and $250 million aggregate principal amount of 4.318% Series AD senior unsecured debentures on an agency basis. The Series AC debentures will mature on June 12, 2029 and the Series AD debentures will mature on June 12, 2032. The debentures are being offered by a syndicate of agents with Scotiabank, CIBC Capital Markets, Desjardins Securities, RBC Capital Markets and TD Securities as joint bookrunners, and National Bank Financial, Mizuho Securities, BMO Capital Markets and Beacon as co-managers. The two offerings are expected to close on or about November 12, 2025. Morningstar DBRS has provided SmartCentres with a provisional credit rating of BBB with a stable trend relating to the debentures.


SmartCentres intends to use the net proceeds of the offering to refinance existing debt, including the repayment of its $350 million Series X senior unsecured debentures due December 16, 2025, the repayment of its revolving credit line and certain mortgages and for general corporate purposes.

This offering is being made by way of a private placement to certain accredited investors in each of the provinces and territories of Canada.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities in any jurisdiction. The debentures being offered have not been and will not be registered under the U.S. Securities Act of 1933 and state securities laws. Accordingly, the debentures may not be offered or sold to U.S. persons except pursuant to applicable exemptions from registration requirements.

About SmartCentres

SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 197 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets consisting of income producing value-oriented retail, purpose-built rental, first-class office and self-storage properties. SmartCentres owns 35.6 million square feet of leasable space with 98.6% in place and committed occupancy, on 3,500 acres of owned land across Canada.

For more information, please visit www.smartcentres.com.

Certain statements in this Press Release are “forward-looking statements” that reflect management’s expectations regarding the Trust’s future growth, results of operations, performance and business prospects and opportunities. More specifically, certain statements including, but not limited to, statements related to the anticipated use of proceeds of the offering and the date the offering is expected to close, and statements that contain words such as “could”, “should”, “can”, “anticipate”, “expect”, “believe”, “will”, “may” and similar expressions and statements relating to matters that are not historical facts, constitute “forward-looking statements”. These forward-looking statements are presented for the purpose of assisting the Trust’s Unitholders and financial analysts in understanding the Trust’s operating environment and may not be appropriate for other purposes. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management.

However, such forward-looking statements involve significant risks and uncertainties. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including risks associated with potential acquisitions not being completed or not being completed on the contemplated terms, public health crises, real property ownership and development, debt and equity financing for development, interest and financing costs, construction and development risks, and the ability to obtain commercial and municipal consents for development. These risks and others are more fully discussed under the heading “Risks and Uncertainties” and elsewhere in SmartCentres’ most recent Management’s Discussion and Analysis, as well as under the heading “Risk Factors” in SmartCentres’ most recent annual information form. Although the forward-looking statements contained in this Press Release are based on what management believes to be reasonable assumptions, SmartCentres cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. These forward-looking statements are made as at the date of this Press Release and SmartCentres assumes no obligation to update or revise them to reflect new events or circumstances unless otherwise required by applicable securities legislation.

Material factors or assumptions that were applied in drawing a conclusion or making an estimate set out in the forward-looking information may include, but are not limited to: a stable retail environment; a continuing trend toward land use intensification, including residential development in urban markets and continued growth along transportation nodes; access to equity and debt capital markets to fund, at acceptable costs, future capital requirements and to enable our refinancing of debts as they mature; that requisite consents for development will be obtained in the ordinary course, construction and permitting costs consistent with the past year and recent inflation trends.

Contacts

Mitchell Goldhar

Executive Chairman and CEO

(905) 326-6400 ext. 7674

mgoldhar@smartcentres.com

Peter Slan

Chief Financial Officer

(905) 326-6400 ext. 7571

pslan@smartcentres.com

SmartStop Self Storage REIT Announces the Date of Its Third Quarter 2025 Earnings Release, Conference Call and Webcast

October 17, 2025 By Business Wire

LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced that it will release its financial results for the third quarter ended September 30, 2025, after market close on November 5, 2025.


Management will host a conference call and webcast to discuss the results on November 6, 2025, at 1:00 p.m. Eastern Standard Time. During the call, company officers will review operating performance, discuss recent events, and conduct a question-and-answer session. The question-and-answer portion will be limited to registered financial analysts. All other participants will have a listen-only capability.

Webcast Details:

A live webcast of the call will be available on the Investor Relations section of the Company’s website at investors.smartstopselfstorage.com. To access the live webcast, participants are encouraged to visit the site at least 15 minutes before the scheduled start time in order to register, download and install any necessary software. A replay of the webcast will be available on the Company’s website following the live event.

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

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA) is a self-managed REIT with a fully integrated operations team of more than 1,000 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs, and through its indirect subsidiary Argus Professional Storage Management offers third party management services in the U.S. and Canada. As of October 15, 2025, SmartStop has an owned or managed portfolio of over 460 operating properties in 34 states, the District of Columbia, and Canada, comprising over 270,000 units and 35 million rentable square feet. SmartStop and its affiliates own or manage 49 operating self-storage properties across four provinces in Canada, which total approximately 42,200 units and 4.3 million rentable square feet.

Contacts

David Corak
Senior VP of Corporate Finance & Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Slate Grocery REIT Announces Distribution for the Month of October 2025

October 16, 2025 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 October 2025 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 November 17, 2025, to unitholders of record as of the close of business on October 31, 2025.

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

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants are expected to 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 investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. 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, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

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 Grocery REIT to Release Third Quarter 2025 Financial Results

October 15, 2025 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 third quarter 2025 financial results before market hours on Thursday, November 6, 2025. Senior management will host a live conference call at 9:00 am ET on Thursday, November 6, 2025, to discuss the results and ongoing business initiatives of the REIT.


Conference Call Details

The conference call can be accessed by dialing (289) 514-5100 or 1 (800) 717-1738. Additionally, the conference call will be available via simultaneous audio found at https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=0FF9C23A-B74C-4E8A-9E8A-7B825D41E0D8&LangLocaleID=1033. A replay will be accessible until November 20, 2025, via the REIT’s website or by dialing (289) 819-1325 or 1 (888) 660-6264 (access code 71103#) 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. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants are expected to 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 investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. 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, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

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

Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending September 30, 2025

October 14, 2025 By Business Wire

CALGARY, Alberta–(BUSINESS WIRE)–Mainstreet Equity Corp. (TSX: MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.04 per Common Share of Mainstreet for the quarter ending September 30, 2025. The dividend is payable on October 31, 2025 to shareholders of record at the close of business on October 17, 2025.


Mainstreet designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of the Income Tax Act (Canada). This notice meets the requirements of the Income Tax Act (Canada). Please contact your tax advisor if you have any questions with regards to the designation of the eligible dividend.

About Mainstreet Equity Corp.

Mainstreet Equity Corp. (“Mainstreet”) is a Calgary-based real estate operating company, traded on the Toronto Stock Exchange (TSX: MEQ). Mainstreet is a top provider of high-quality, affordable multi-family rental units in western Canada, covering BC, AB, SK, and MB, with year-to-date holdings of over 18,700 units. The company’s long-term value is anchored by a counter-cyclical strategy to aggressively acquire undervalued units at distressed prices, using low-cost capital. Once acquired, Mainstreet rapidly stabilizes the assets to minimize cycle times and boost net operating income. The company employs a 100% organic, non-dilutive growth model, leveraging its robust liquidity position. As at Q3 2025, Mainstreet’s assets were valued at over CDN $3.6 billion based on IFRS value.

Caution Regarding Forward-Looking Information

This press release contains certain forward-looking statements, including, but not limited to, statements relating to the payment of the dividend, and can generally be identified by the use of words such as “may”, “will”, “could”, “should”, “would”, “likely”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “plan”, “objective” and “continue” and words and expressions of similar import. Although Mainstreet believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from expectations include but are not limited to: general business and economic conditions; cost and timing of the development of existing properties; availability of capital to fund property stabilization programs; risks associated with the real estate industry, including labour availability and costs, costs of renovation, fluctuations in vacancy rates, rent control, fluctuations in utility and energy costs, credit risk of tenants, fluctuations in interest rates and availability of capital; changes in laws and regulations; legal and regulatory proceedings; and the ability to execute strategic plans. Mainstreet does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this document, whether as a result of new information, future events or otherwise, except as required by law.

Contacts

For further information: Bob Dhillon, Founder, President & CEO

D: +1 (403) 215-6063

Executive Assistant: +1 (403) 215-6070

100, 305 10 Avenue SE, Calgary, AB T2G 0W2 Canada

TSX: MEQ

https://www.mainst.biz/
https://www.sedarplus.ca

Primaris REIT Reschedules Financial Results Webcast and Conference Call

October 13, 2025 By Business Wire

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) will be releasing its financial results for the quarter ended September 30, 2025, on Wednesday, October 29, 2025, after the market closes. Senior leadership will be hosting a conference call and webcast presentation on October 30, 2025.


Conference Call and Webcast:

Date:

Thursday, October 30, 2025, at 9:00 a.m. (ET)

Dial:

1-833-950-0062

Passcode:

071896

Link:

Please go to the Investor Relations section on Primaris’ website or click here.

The call will be accessible for replay until November 6, 2025, by dialing 1-866-813-9403 with access code 121909, or on the Investor Relations section of the website.

About Primaris Real Estate Investment Trust

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The proforma portfolio totals 15.6 million square feet, valued at approximately $5.4 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris 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.

For more information:

TSX: PMZ.UN

www.primarisreit.com

www.sedarplus.ca

 

Contacts

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Claire Mahaney

VP, Investor Relations & ESG

647-949-3093

cmahaney@primarisreit.com

Timothy Pire

Chair of the Board

chair@primarisreit.com

Cintas Celebrates Bear Head Lake State Park as 2025 America’s Best Restroom®

October 10, 2025 By Business Wire

The Minnesota state park was awarded $2,500 in Cintas products and services

CINCINNATI–(BUSINESS WIRE)–Cintas Corporation (Nasdaq: CTAS) is excited to name Bear Head Lake State Park in Minnesota as the 2025 America’s Best Restroom® contest winner. As this year’s winner, Bear Head Lake State Park’s restrooms earned a prize package that includes a Cintas UltraClean® restroom cleaning service, $2,500 in Cintas products and services for restroom cleaning or facility management and an honored place in America’s Best Restroom Hall of Fame.




The restroom and shower building at the state park provides more than just function; it offers thoughtful design in a stunning setting. With a fully accessible layout that meets all ADA guidelines, this facility ensures comfort for all visitors. The exterior dishwashing sinks are a camper-friendly touch, providing a convenient space to clean up without trekking back to a waterless site.

“We are thrilled to receive the 2025 Best Restroom Award,” said Jody Popesh, Park Supervisor at Bear Head Lake State Park. “People don’t always think about restrooms when they’re planning a state park trip, but restrooms play an important role in providing comfort, accessibility and a positive overall experience. This award affirms the Minnesota Department of Natural Resources’ commitment to creating welcoming spaces for all visitors, down to the smallest details.”

In its 24th year, the America’s Best Restroom contest celebrates businesses that develop and maintain innovative, hygienic restroom facilities. The state park was among nine finalists selected based on cleanliness, visual appearance, innovation, functionality and unique design elements. The public had the opportunity to vote for the following nine finalists (in alphabetical order) between August 8 and August 15 at bestrestroom.com:

  • City of Fruita (Fruita, Colorado)
  • Footprints (Lawrence, Kansas)
  • Little America Hotel (Salt Lake City, Utah)
  • Moderne Bar (Orlando, Florida)
  • The Rooftop at Pier 17 (New York, New York)
  • Rosebrook Lodge (Bretton Woods, New Hampshire)
  • Tatsu (Dallas, Texas)
  • Tecolote Shores (San Diego, California)

“We’re proud to recognize Bear Head Lake State Park as this year’s America’s Best Restroom,” said John Rudy, Senior Director of Marketing at Cintas. “By prioritizing thoughtful design and attention to detail, Bear Head Lake State Park transformed a basic necessity into a welcoming, accessible and memorable part of the visitor journey. In addition to enhancing the entire park experience, the restrooms raise expectations for public spaces everywhere.”

Last year, Maverik – Adventure’s First Stop took home the top prize for its commitment to cleanliness and comfort, with sparkling fixtures, spacious stalls and fresh amenities that make each pit stop along your adventure a pleasant experience.

For more information about the America’s Best Restroom contest, contact Christina Alvarez at calvarez@mulberrymc.com or 708-908-0898.

About Cintas Corporation:

Cintas Corporation helps more than one million 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, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor’s 500 Index and Nasdaq-100 Index.

Contacts

Cintas Media Contact:
Michelle Goret, Cintas Vice President of Corporate Affairs | media@cintas.com, 513-972-4155

Primaris REIT Announces Financial Results Release Date, Webcast, Conference Call, and Distribution for October 2025

October 9, 2025 By Business Wire

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) will be releasing its financial results for the quarter ended September 30, 2025, on Wednesday, October 29, 2025, after the market closes. Senior leadership will be hosting a conference call and webcast presentation on October 30, 2025.


Conference Call and Webcast:

Date:

 

Thursday, October 30, 2025, at 10:00 a.m. (ET)

Dial:

 

1-833-950-0062

Passcode:

 

071896

Link:

 

Please go to the Investor Relations section on Primaris’ website or click here. 

The call will be accessible for replay until November 6, 2025, by dialing 1-866-813-9403 with access code 121909, or on the Investor Relations section of the website.

October 2025 Distribution

Primaris also announces that its Board of Trustees has declared a distribution of $0.0717 per unit for the month of October 2025, representing $0.86 per unit on an annualized basis. The distribution will be payable on November 17, 2025 to unitholders of record on October 31, 2025.

About Primaris Real Estate Investment Trust

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The proforma portfolio totals 15.6 million square feet, valued at approximately $5.4 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris 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.

For more information:    TSX: PMZ.UN    www.primarisreit.com    www.sedarplus.ca

Contacts

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Claire Mahaney

VP, Investor Relations & ESG

647-949-3093

cmahaney@primarisreit.com

Timothy Pire

Chair of the Board

chair@primarisreit.com

Skanska Announces Leadership Promotions in its US Building Operations: Jenny Chandler Graham Named EVP – Chief Strategy Officer; Tieg Murray Rustam Appointed VP – Market Strategy and Creative Services

October 8, 2025 By Business Wire

 


NEW YORK–(BUSINESS WIRE)–Skanska, a leading global development and construction firm, today announced two promotions in its U.S. building operations. Effective immediately, Jenny Chandler Graham has been promoted to Executive Vice President – Chief Strategy Officer (CSO), and Tieg Murray Rustam to Vice President – Market Strategy and Creative Services, both with Skanska USA Building.

As CSO, Graham will lead the business unit’s long-term strategic planning, drive internal alignment, and deepen engagement with customers and partners. She will oversee the 120-person Strategy team which includes Marketing, Business Development, Data and Analytics, and Emerging Technology. She will report directly to Clay Haden, President & CEO, Skanska USA Building, and join the business’ Senior Leadership Team.

A 20-year veteran of Skanska, Graham started her career as a marketing intern and has since held a series of increasingly significant leadership roles, most recently serving as Vice President – Market Strategy and Creative Services. Deeply committed to innovation and enterprise growth, Graham’s strategic thinking and initiatives have strengthened the business’ market differentiation, established and evolved new market approaches, and enhanced collaboration across the business, in the U.S., and around the world.

A Tennessee native, Graham holds a B.S. in Business from the University of Tennessee at Martin. She succeeds Anita Nelson, who recently assumed executive oversight of Skanska Advanced Technology (SAT), in addition to Skanska Integrated Solutions (SIS).

Succeeding Graham, Tieg Murray Rustam has been promoted to Vice President – Market Strategy and Creative Services. In her new role, Rustam will focus on growing market share in core sectors, lead strategic planning to strengthen market positioning, and oversee the creative services teams—graphic design, technical writing, and advanced visualization. She will report directly to Graham.

Rustam’s nearly 19-year career at Skanska is marked by strategic clarity, collaboration, and a deep care for people. Most recently, as Senior Director – Market Strategy, Rustam led growth planning across several core market sectors including higher education, K-12, Science + Technology, mission critical, and healthcare. Her leadership has been vital to developing key components of the business plan and to fostering national and global relationships. Rustam holds a B.A. in English from the Pennsylvania State University.

“Jenny and Tieg exemplify the kind of leadership that drives Skanska forward—strategic, collaborative, and deeply committed to our people and our purpose,” said Haden. “Jenny’s vision and enterprise-wide impact have helped shape our future, and Tieg’s ability to connect strategy with execution makes her the perfect leader to continue that momentum. I look forward to seeing how they’ll elevate our business in the years ahead.”

About Skanska

Skanska uses knowledge & foresight to shape the way people live, work, and connect. More than 135 years in the making, we’re one of the world’s largest construction and project development companies. With operations in select markets throughout the Nordics, Europe and the United States, global revenue totaled $16.8 billion in 2024. Skanska in the U.S. operates 28 offices across the country, with its headquarters in New York City. In 2024, the U.S. construction sector generated $8.2 billion in revenue, and the U.S. development sector’s net investments in commercial projects totaled $224 million. Together with our customers and the collective expertise of our 6,300 teammates in the U.S. and 26,300 globally, we create innovative and sustainable solutions that support healthy living beyond our lifetime.

Contacts

Media Contacts:

Mia Walton, mia.walton@skanska.com, Skanska USA

Peggy Cook, peggy.cook@skanska.com, Skanska USA

RioCan Real Estate Investment Trust Announces Investor Day and Third Quarter 2025 Earnings Release, Conference Call and Webcast

October 7, 2025 By Business Wire

TORONTO–(BUSINESS WIRE)–RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) announces Investor Day and Q3 2025 Earnings Release Details.


Investor Day

RioCan will host an Investor Day in Toronto, Ontario on Tuesday, November 18, 2025, at 9:00 AM ET. President and Chief Executive Officer, Jonathan Gitlin, and members of RioCan’s leadership team will discuss RioCan’s current operations, strategy, and outlook. Presentations and the subsequent Q&A period are expected to conclude at approximately 12:00 PM ET.

A live video webcast will be available on RioCan’s website: Events and Presentations. Please use the following link to pre-register for the webcast: Pre-registration link. A replay and related presentation materials will be available on the RioCan website following the event.

Third Quarter 2025 Earnings Release

RioCan is scheduled to release its financial and operational results for the three and nine months ended September 30, 2025, after the market closes on Thursday, November 6, 2025.

Interested parties are invited to participate in a conference call with management on Friday, November 7, 2025, at 10:00 AM ET. To access the conference call, click on the following link to register at least ten minutes prior to the scheduled start of the call: Pre-registration link. Participants who pre-register prior to the call will receive an email with dial-in credentials including login passcode and PIN to gain immediate access to the live call. Those who are unable to pre-register may dial-in for operator assistance by calling 1-833-950-0062 and entering the access code: 465290.

A live webcast will also be available in listen-only mode. To access the simultaneous webcast, go to the following link on RioCan’s website: Events and Presentations and click on the link for the webcast.

If you cannot participate in the live mode, a replay will be available for one week following the date of the live conference call. To access the replay, please dial 1-866-813-9403 followed by the access code: 279846.

About RioCan

RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based and mixed-use properties in densely populated communities. As at June 30, 2025, our portfolio is comprised of 178 properties with an aggregate net leasable area of approximately 32 million square feet (at RioCan’s interest). To learn more about us, please visit www.riocan.com.

Contacts

Investor Relations Inquiries

Email: ir@riocan.com

Media Inquiries

Email: media@riocan.com

REA Group to Acquire Leading 3D Tour and Interactive Floor Plan Technology iGUIDE

October 6, 2025 By Business Wire

WATERLOO, Ontario & MELBOURNE, Australia–(BUSINESS WIRE)–REA Group (“REA”) today announced that it has agreed to acquire 61.5% of Planitar Inc., the maker of iGUIDE (“iGUIDE”). Based in Ontario, Canada, iGUIDE is a proprietary camera and software platform that uses advanced AI capabilities to identify property features and produce immersive 3D virtual tours, precise floor plans and reliable property measurement data.




iGUIDE’s proprietary PLANIX camera systems combine advanced LiDAR and 360° imagery to efficiently and accurately map property interiors and exteriors, converting physical spaces into digital ones. It is the market leader in Canada with 25% of all homes sold in the country in 2025 featuring an iGUIDE1. The affordable PLANIX R1 camera enables rapid capture and fast data processing while the iGUIDE platform offers the unique functionality to edit 3D tours after they are captured. iGUIDE is used by real estate photographers and agents in over 50 countries globally.

By combining floor plans with high-quality visual data, iGUIDE offers consumers an intuitive and immersive way to digitally explore built environments. Once a digital twin of a property is created, users gain access to interactive floor plans and detailed imagery, enabling them to take custom measurements and virtually walk through the space. This enhances their understanding of the property’s layout and dimensions, supporting more informed decision making.

The proposed acquisition complements REA’s consumer strategy, which is focused on delivering highly personalised, immersive and engaging property experiences for the more than 12 million Australians who use realestate.com.au every month2. Last year, REA launched its AI-driven next generation listing initiative to transform listings from a static advertisement to a dynamic real-time representation of a property. Consumers are now spending more time on listings and engaging more deeply3.

REA Group Chief Executive Officer, Owen Wilson, said the company continues to invest in new technology to accelerate its strategy and evolve its market leading consumer products.

“I’m delighted to welcome the iGUIDE team into REA and look forward to introducing iGUIDE’s leading 3D tour and floor plan technology to the Australian market,” he said.

“This type of spatial mapping technology instils confidence and helps property seekers make more informed decisions while also providing agents and vendors a way to differentiate their property to secure the best outcome. While approximately less than five percent of listings currently feature a 3D tour4, we expect this to grow as advances in technology support higher quality and more accessible solutions, like iGUIDE.

“Interactive content and video will become the standard for property marketing in the coming years and already we’re seeing the positive impacts more immersive experiences are delivering for property seekers and real estate professionals. iGUIDE’s interactive floor plans and 3D tours are a natural extension for realestate.com.au and this proposed acquisition allows us to build on the video capabilities we have today, driving increased consumer engagement and delivering highly qualified leads to customers,” Mr Wilson added.

iGUIDE currently operates throughout North America and partners closely with resellers globally. As part of the transaction, iGUIDE will establish on-the-ground sales and operations in Australia later this year, providing greater support to existing and new customers in the Australian market.

iGUIDE co-founder and Chief Executive Officer, Alexander Likholyot, who will transition to a Strategic Advisor and Director role following completion, commented: “It was clear after we started discussions last year, REA was the right fit for our business and we’re delighted to be joining the Group. REA is a company with a shared vision for accurate property data and information excellence, helping property seekers and industry professionals make the most informed property decisions.”

The iGUIDE management team will be led by incoming Chief Executive Officer, Jarrad Morden, and will continue to operate under its current structure and brand.

“This is an exciting milestone for iGUIDE and an opportunity to expand our reach with the support of a global leader in digital property experiences. I’m looking forward to working with REA’s world-class team to unlock new capabilities and establish a strong presence in the Australian market,” Mr Morden said.

The proposed transaction is subject to certain conditions and is expected to complete shortly. Planitar’s financial advisor for the transaction was TD Securities Inc. and its legal advisor was Pulse Law, LLC.

To learn more about iGUIDE visit www.goiguide.com.

About REA Group Ltd (www.rea-group.com): REA Group Ltd ACN 068 349 066 (ASX:REA) (“REA Group”) is a multinational digital advertising business specialising in property. REA Group operates Australia’s leading residential and commercial property websites – realestate.com.au and realcommercial.com.au – as well as the leading website dedicated to share property, Flatmates.com.au and property research website, property.com.au. REA Group owns Mortgage Choice Pty Ltd, an Australian mortgage broking franchise group, PropTrack Pty Ltd, a leading provider of property data services, Campaign Agent Pty Ltd, Australia’s leading provider in vendor paid advertising finance solutions for the Australian real estate market and Realtair Pty Limited, a digital platform providing end-to-end technology solutions for the real estate transaction process. In Australia, REA Group holds strategic investments in Simpology Pty Ltd, a leading provider of mortgage application and e-lodgement solutions for the broking and lending industries, Arealytics, a provider of commercial real estate information and technology in Australia and Athena Home Loans, a leading digital non-bank lender and one of Australia’s fastest growing fintechs. Internationally, REA Group holds a controlling interest in REA India Pte. Ltd. operator of Housing.com. REA Group also holds a 20% shareholding in Move, Inc., operator of realtor.com in the US and a minority investment in Easiloan, a technology platform for end-to-end digital processing of home loans in India.

About iGUIDE (www.goiguide.com): Founded in 2013 in Kitchener, Ontario, Canada, Planitar Inc. is the maker of iGUIDE, a proprietary camera and software platform for capturing and delivering immersive 3D virtual tours and extensive property data. iGUIDE is the most efficient system to map interior spaces and features accurate floor plans, measurements and reliable property square footage. By integrating floor plans and visual data, iGUIDE provides an intuitive and practical way to navigate and explore built environments digitally.

1

Planitar Internal Data – iGUIDE Processing Volume vs. Canadian Homes Sold (2025 YTD, August 2025).

2

Ipsos iris Online Audience Measurement Service, Jul 2024 – Jun 2025 (average), P14+, PC/laptop/smartphone/tablets, text only, Homes and Property Category, Brand Group, Realestate.com.au, Audience (000’s).

3

REA Internal Data – App only, Oct 2024 – Jun 2025 vs Oct 23 – Jun 2024. Increase in the conversion rate of media view interactions that result in viewing all listing media, applicable to Premiere+ buy listings only.

4

REA Internal Data – residential buy and rent listings.

 

Contacts

For more information: 

Skylar Lawrence-LeBel 

VP, Marketing & Customer Experience, Planitar Inc. 

Mobile +1 647 455 0585 

Email skylar@planitar.com  

Golden State Lumber + Showroom Acquires The Window and Door Shop-Sacramento

October 3, 2025 By Business Wire

Family-owned building supplier strengthens window and door offerings in Sacramento region


PETALUMA, Calif.–(BUSINESS WIRE)–Golden State Lumber + Showroom announces the acquisition of The Window and Door Shop-Sacramento, a respected window and door showroom serving the Sacramento region since 2009. It will officially open as a Golden State Lumber + Showroom location on Oct. 1, 2025.

Since July 2009, The Window and Door Shop-Sacramento co-founders Warren and Gaby Sizemore have built strong relationships with homeowners, contractors, architects, and industry professionals through their attention to detail and commitment to honest, friendly service. This reputation for excellence aligns perfectly with Golden State’s dedication to offering exceptional products and superior customer service.

“This acquisition strengthens our commitment to the window and door category and expands our presence in the Sacramento region,” said Golden State Lumber + Showroom CEO Jessica Scerri. “It also reflects our ongoing investment in quality, service, and long-term partnerships—values that are deeply shared between our two companies.”

By expanding Golden State’s footprint in the Sacramento area, the 71-year-old family-owned company reinforces the company’s commitment to serving Northern California’s construction and remodeling professionals. The Window and Door Shop-Sacramento’s product offerings include exceptional brands including Marvin, Western Window Systems, Milgard, Weather Shield, and TruStile.

About Golden State Lumber + Showroom

Founded in 1954, Golden State Lumber + Showroom is Northern California’s premier provider of commercial and residential building materials, serving the San Francisco Bay Area with ten locations including lumberyards and product showrooms. With one of the region’s largest on-ground inventory and transport fleets, the company offers same/next-day jobsite delivery. Professional builders, architects, and contractors have relied on Golden State’s extensive product selection, from lumber and building materials to custom millwork and designer windows and doors. The company’s commitment to excellence combines top brands with expert staff trained in the latest building trends. Learn more at www.goldenstatelumber.com.

Contacts

Media contact: socialmedia@goldenstatelumber.com

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