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Procore’s Annual ROI Report Reveals Significant Customer Benefits Surrounding Sustainability, Safety, and the Labor Shortage in Construction

March 30, 2022 By Business Wire

CARPINTERIA, Calif.–(BUSINESS WIRE)–Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today released the results of its 2022 Customer Return On Invest (ROI) report. The report explores how the Procore platform is helping customers tackle the most daunting challenges in the industry, including sustainability, safety and the labor shortage by analyzing responses from 2,600+ customers across North and South America, Asia and Europe.


Key takeaways include:

  • Building Scalable Businesses: Customer respondents state that using Procore enables their project teams to manage 48 percent more construction volume per person, on average.
  • Reduced Rework: 75 percent of respondents agree Procore has helped reduce the amount of rework.
  • Improved Efficiency: Customer respondents reported saving an average of 15 days on the overall schedule on a typical project.
  • Safer Jobsites: 79 percent of customer respondents that use Quality and Safety agree Procore has improved their company’s safety programs.

Rising material costs and supply chain issues, labor shortages, slimming margins, continued project delays, increasing carbon emissions due to rework and waste and the need for more sustainable solutions are just a few obstacles the industry is facing and will continue to face in the years to come.

“We are proud to partner with the construction industry to help them do what they do best; build, maintain and power the places where we live, learn, work and play,” said Tooey Courtemanche, Founder & CEO of Procore. “Each year, our annual ROI report helps industry leaders and construction professionals gain insights into how their peers are leveraging construction tech to grow their businesses. This annual survey and report is one of the many avenues through which we get continuous feedback and work to improve the lives of everyone in our industry through our offerings.”

Key takeaways and supporting customer responses can be found below:

Building Scalable Businesses: Customer respondents believe using Procore enables their project teams to manage on average 48 percent more construction volume per person.

“If we didn’t have Procore, we wouldn’t be able to handle the many projects we have in our pipeline. Procore removes the tedious time-wasters like filling out reports and spreadsheets, giving us time to do other things, like going after more work.” – Marc Vicano, Project Manager, Vicano, General Contractor, Canada

Reduced Rework: 75 percent of customer respondents agree Procore has helped reduce the amount of rework taking place on their projects which leads to less carbon waste, more efficiency and delivering more projects on-time and on-budget.

“Implementing Procore has streamlined five systems into one central platform. We have gained new levels of automation and 100 percent visibility into projects, which lets us focus on enhancing our quality and compliance. Our next phase of implementation will see us introduce our subcontractors into Procore for better efficiency and productivity outcomes.” – Sebastian Jonsson, Director, Greenway, Specialty Contractor, New Zealand

Improved Efficiency: Customer respondents reported saving an average of 15 days on the overall schedule on a typical project.

“Procore saves me at least two hours every week. In the past, I’d spend the first two hours of my day truing-up items in the different systems. Now, all that’s taken care of for me in a few clicks. We’re talking about a total of 30 seconds.” – Gabriel Gutierrez, Financial Controller, Dolan Concrete, Specialty Contractor, United States

Safer Jobsites: 79 percent of customer respondents that use Quality and Safety agree Procore has improved their company’s safety program.

“With Procore, all health and safety issues or areas for improvement are rectified quicker and faster. Communication on health and safety issues has improved which makes sites safer and makes me happy.” – Kamil Kotowski, Head of Health and Safety, Kenham, General Contractor, United Kingdom

Procore’s sole focus is construction, from preconstruction to closeout, the Procore platform is purpose-built and developed to meet the needs of the construction industry. Continually recognized with top honors by leading user review sites such as G2, the Procore platform helps customers produce more value, deliver better project outcomes, and develop stronger, safer, and more productive teams.

To discover the tools that are driving results for construction leaders across the globe, download the Procore 2022 ROI Report today.

About Procore

Procore is a leading global provider of construction management software. Over one million projects and more than $1 trillion USD in construction volume have run on Procore’s platform. Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore’s App Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices in the United States, Canada and around the globe. Learn more at Procore.com.

PROCORE-IR

Contacts

Media Contact
Andee Brooker

press@procore.com

Investor Contact
Matthew Puljiz

ir@procore.com

Kontrol Technologies Enters College and University Student Housing Market with First SmartSuite® Technology Installation

March 29, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities through IoT, Cloud and SaaS technology, has entered the college and university student housing market with the first installation of its SmartSuite® technology.

“We continue to seek to expand into new market verticals such as the growing student housing market,” said Paul Ghezzi, CEO of Kontrol Technologies. “Our SmartSuite® technology is designed to provide building automation and in-suite control over heating, cooling and ventilation through a unified, cloud-based solution. By consolidating the management of each suite and building to one platform, our products are designed to enable our customers across various sectors to drive energy savings and reduce emissions to improve the performance of their buildings.”

How SmartSuite® Technology Operates

Designed for the commercial, multi-residential and hospitality building sectors and driven by the move to smart buildings and smart cities, the SmartSuite® thermostat and cloud technology is designed to deliver energy savings, corresponding GHG emission reductions and a unified platform to manage all suites and buildings from the cloud.

The SmartSuite® capabilities include:

  • Real-time energy management and conversation
  • Data management, analytics and trending analysis
  • Multiple user interfaces
  • Integrated with window and door sensors
  • Ability to communicate with utilities for demand response

The first SmartSuite® installation is for a student housing REIT which operates across Canada and manages and develops purpose-built rental housing for the university and college student housing market.

According to Cushman & Wakefield, total university-owned (on-campus) and privately-owned (off-campus) housing provide about 145,000 beds in these markets, which represents about 15% of total full-time students. Of this total, about 45,000 beds are located in privately-owned, off-campus student residences.1

According to the National Multi-Family Housing Association Council (NMHC), there are 8.6 million student beds in the U.S., which will grow to 9.2 million by 2031.2

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com

Facebook | Twitter | LinkedIn

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking information contained in this press releases includes, but is not limited to, the following: potential benefits of the Company’s products for its customers and potential customers; the growth of the student housing market; the future success of any of Kontrol’s products; and customer demand relating to energy management.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company; that future products of the Company can be installed as planned; that technology will be as effective as anticipated; that existing relationships and contracts entered into by the Company will continue on the same or similar terms, or at all; that the anticipated performance of the installation of and energy saving and emission reduction relating to the SmartSuite will go as planned for the college and university student market; and that demand will continue for energy management products and for the Company’s products in particular.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that the Company’s technologies will not prove as effective as expected; that customers and potential customers will not be as accepting of the Company’s product and service offerings as expected and/or that demand for such products and services will not continue; that Kontrol SmartSuite will not be replicated in the future; that the markets the Company participates in will not expand as currently anticipated; and that the Company will not maintain its existing relationships or contracts on the same terms or at all.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

1 https://www.cushmanwakefield.com/en/canada/insights/canadian-student-housing-outlook
2 www.nmhc.org/news/press-release/2021/student-housing-demand-will-remain-strong-but-will-be-more-diverse-and-focused-on-affordability/

Contacts

Kontrol Technologies Corp.
Paul Ghezzi

CEO

info@kontrolcorp.com
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8

Tel: (905) 766.0400

Investor Relations:

Brooks Hamilton

MZ Group – MZ North America

KNRLF@mzgroup.us
Tel: +1 (949) 546.6326

Wells Fargo Statement on PAVE Task Force Action Plan

March 28, 2022 By Business Wire

SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE:WFC) today issued the following statement regarding the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) Action Plan issued Wednesday.

“Wells Fargo welcomes the release of the PAVE Action Plan and commends the Task Force’s work,” said Mike Weinbach, head of Wells Fargo Consumer Lending. “Homeownership is a pillar of wealth building, and ensuring the credibility of property appraisals and valuations is of critical importance to our customers and communities. Wells Fargo has reviewed the report and has initiatives underway that support its recommendations, such as our apprenticeship program to expand the pipeline of diverse appraisers. Wells Fargo is pleased to assist in socializing and implementing the recommended initiatives to eliminate discrimination in the appraisal process and improve valuation accuracy.”

“Wells Fargo is focused on addressing inequalities across the housing sector,” said Mike Weinbach. “Kristy Fercho, head of Wells Fargo Home Lending and chair of the Project REACh Affordable Homeownership Workstream, and I look forward to socializing the Action Plan and engaging with the findings and recommendations both individually and through our engagement with industry collaborations like OCC Project REACh.”

“I appreciate the work of the PAVE Task Force and am pleased to see the Action Plan highlight early progress being made, particularly work underway in OCC Project REACh,” said Kristy Fercho. “Fair property valuations are critical to sustainably growing minority household wealth through homeownership, which is the central focus of the Project REACh Affordable Homeownership Workstream.”

Launched in May 2021, a subgroup of the Affordable Homeownership effort was formed to examine the role racial bias has on homeownership, identify the role of lenders, and identify specific actions lenders, nonprofits, and policymakers can take to address bias in the appraisal process.

“I am proud of the progress our REACh appraisal subgroup is making and look forward to the Action Plan being incorporated into our work,” added Fercho.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is the leading middle market banking provider in the U.S. We provide a diversified set of banking, investment, and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 37 on Fortune’s 2021 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo.

News Release Category: WF-CF

Contacts

Government Relations and Public Policy
Robert Sumner, (202) 941-4717

Robert.Sumner@WellsFargo.com

Kontrol Technologies to Report Fiscal Year End 2021 Financial Results

March 28, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol Technologies” or “Kontrol” or “Company“) a leader in smart buildings and cities through IoT, Cloud and SaaS technology will report its Fiscal Year End 2021 financial results, for the period ended December 31st, 2021, on March 31st, 2022 (the “filing date”). A complete set of the Financial Statements and Management’s Discussion & Analysis will also be filed on SEDAR (www.sedar.com) on the filing date.

A call to discuss the financial results has been scheduled for Thursday, March 31st, 2022, at 8:30AM (Eastern). The event will be hosted by Paul Ghezzi, CEO and Claudio Del Vasto, CFO, of Kontrol Technologies Corp. We kindly request all participants to please connect at least 5 minutes prior to the event start time.

Event Details:

Title:

Kontrol Technologies Reports Fiscal Year End 2021 Financial Results

Event Date and Time:

March 31st, 2022 @ 8:30 AM Eastern

Event Duration:

45 Minutes

Audience URL:

https://produceredition.webcasts.com/starthere.jsp?ei=1538935&tp_key=f81690368f

Call- in Numbers:

Confirmation #: 19376558

Local: 416-764-8609 (Toronto)

North American Toll Free: 888-390-0605

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company’s product and service offering as expected; and government and regulatory factors impacting the energy conservation industry.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

Contacts

Kontrol Technologies Corp.
Paul Ghezzi

CEO

info@kontrolcorp.com
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8

Tel: (905) 766.0400

Investor Relations:

Brooks Hamilton

MZ Group – MZ North America

KNRLF@mzgroup.us
Tel: +1 (949) 546.6326

H.I.G. Realty Provides a £76 million Mezzanine Financing Backed by a Central London 5 Star Hotel Portfolio

March 24, 2022 By Business Wire

LONDON–(BUSINESS WIRE)–#BuckinghamGate–H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with $48 billion of equity capital under management, announced today that an affiliate has provided mezzanine financing to Shiva Hotels, backed by a portfolio of prime hotel assets in London, including The Guardsman, Buckingham Gate and Middle Eight Covent Garden.

Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty in London, commented: “We believe that London’s 5 star sector will emerge as a winner coming out of the pandemic and that our flexible investing approach across the capital structure has allowed H.I.G. to become a partner of choice for property companies and developers”.

Chris Zlatarev, Principal at H.I.G. Europe Realty, added: “We are delighted to partner with Shiva Hotels and have structured tailor-made financing to support the company’s growth. H.I.G. worked with Shiva Hotels and the senior lenders on a financing solution adapted to current market conditions, allowing the company to focus on implementing its business plan”.

About H.I.G. Capital

H.I.G. is a leading global alternative assets investment firm with $48 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Rio de Janeiro, São Paulo and Bogotá, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach:

  1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
  2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
  3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
  4. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.

Contacts

Riccardo Dallolio

Managing Director

rdallolio@higrealty.com

Core Development Group Appoints Daniel Ger as Executive Vice President of Development, Multi-Residential

March 23, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–#appointmentrelease–Toronto-based real estate development company, Core Development Group (Core), recently announced the appointment of Daniel Ger to the position of Executive Vice President (EVP) of Development, Multi-Residential.


In his role as EVP, Ger will be responsible for managing the company’s multi-unit residential portfolio from concept to completion. He will oversee the firm’s planning and development department, internal and external sales and marketing teams and ensure smooth execution from the acquisition to closing stages of all projects.

“I am very pleased to welcome Daniel to the company. Daniel is a seasoned professional with exceptional leadership and development skills and I am confident he will add immense value to Core in his role overseeing the firm’s growing multi-unit residential portfolio,” said Bryan Nykoliation, President of Core Development Group.

Ger has over 15 years of experience in the real estate development sector, spanning across an array of asset types. The majority of his career was spent developing a portfolio of seniors housing communities across Ontario. Most recently, Ger was Chief Development Officer (CDO) of Options for Homes, Canada’s largest affordable housing developer. As CDO, Ger was responsible for the development of over 2,000 residential units across Ontario, ranging from complex urban infill developments to green-field master planned communities.

Ger received his M.B.A. with honours from the University of Guelph. He is a mentor with the Urban Land Institute, a member of the City of Brampton’s Housing Advisory Committee and is a guest lecturer at the University of Guelph and Schulich School of Business.

About Core Development Group

Core Development Group is a Toronto-based real estate development company that actively sources, develops and manages a wide range of residential real estate projects. The company takes a holistic approach to development and offers a comprehensive range of development and project management services to their clients and partners. Core’s wholly-owned subsidiary, Avanew, focuses on acquiring and developing both urban and suburban rental assets to address the growing demand for more affordable residential living alternatives throughout Ontario. For more information, visit: coredevelopment.ca.

Contacts

Rachel Rogers
Public Relations Specialist
McOuat Partnership

Cell: 416-984-5524

rachel@partnership.ca

Saint-Gobain to Install Heat Recovery Technology at its Gypsum Plant in Vancouver, British Columbia, Reducing Carbon Dioxide Emissions and Energy Consumption

March 23, 2022 By Business Wire

VANCOUVER, British Columbia–(BUSINESS WIRE)–Saint-Gobain, through its building products subsidiary CertainTeed Canada Inc., will invest approximately $4 Million CAD to install heat recovery technology at its gypsum wallboard plant in Vancouver, reducing the plant’s carbon dioxide emissions by 10% and improving the energy efficiency of the facility.


The investment comes only months after Saint-Gobain announced its new global Grow and Impact strategy, which includes plans to reduce the company’s energy consumption and emissions. CertainTeed’s project in Vancouver was selected to receive a $1.4 Million CAD shared investment from the CleanBC Industry Fund program, which provides government funding for cleaner technologies that reduce emissions in industry.

Gypsum wallboard is made from a gypsum slurry that is poured and dries between two sheets of paper. During one step in this process, the wallboard passes through a large heated dryer that helps solidify the wallboard and remove moisture from the product.

In Vancouver, Saint-Gobain will install a large heat exchanger on its industrial dryer. The heat exchanger will capture and recycle some of the warm air emitted from the dryer, allowing the plant to maintain the dryer’s temperature while consuming less energy and ultimately reducing the facility’s carbon dioxide emissions.

“We know that part of being a good business is being a good neighbor – and we will continue to strive to lead our industry towards a more sustainable future,” said Richard Juggery, CEO of CertainTeed Canada. “This project will help our company maximize our positive impact, for our customers and the communities where we do business, while minimizing our environmental footprint. We thank the CleanBC program for its support, and look forward to many more years of sustainable, state-of-the-art manufacturing in Vancouver.”

CertainTeed’s plant in Vancouver is the only gypsum wallboard manufacturing facility in British Columbia. The site began operations in 1975 and today is home to approximately 80 employees.

The heat recovery project in Vancouver follows several other recent actions taken by the company to solidify its commitment towards sustainability:

  • Earlier this month, Saint-Gobain announced that through its virtual Power Purchase Agreement with the Blooming Grove Wind Farm in McLean County, Illinois, and additional renewables contracting, the company received renewable energy certificates that effectively reduced approximately 33% of its CO2 emissions from electricity usage in 2021 in the United States and Canada.
  • In February, the company invested $32 Million to upgrade equipment at its insulation plant in Chowchilla, California, reducing the facility’s carbon footprint by more than 4,000 metric tons per year.
  • In January, Saint-Gobain North America donated a zero energy ready house in Canton, Ohio, made with more than 20 of its own products, to Habitat for Humanity.

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

167,000 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.

Contacts

David Rosen

Saint-Gobain Corporate Communications

Media@saint-gobain.com

Dream Impact Trust Announces March 2022 Monthly Distribution

March 23, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream MPCT” or the “Trust”) today announced its March 2022 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The March distribution will be payable on April 14, 2022 to unitholders of record as at March 31, 2022.

Dream Impact is an open-ended trust dedicated to impact investing. Impact investing is the intention of creating measurable positive, social and environmental change in our communities and for our stakeholders, while generating attractive financial returns. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and investment holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of the Trust 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; balance growth and stability of the portfolio, increasing cash flow, unitholders’ equity and NAV over time; leverage access to an experienced management team and strong partnerships in order to generate attractive returns for investors; provide investors with a portfolio of high-quality real estate development opportunities, concentrated in core geographic markets; and provide predictable cash distributions to unitholders on a tax-efficient basis. 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 March 2022 Monthly Distribution

March 23, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its March 2022 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The March distribution will be payable on April 14, 2022 to unitholders of record as at March 31, 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

Kontrol Technologies to Present at the Maxim Group 2022 Virtual Growth Conference

March 22, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart building technology, today announced that management will present at the Maxim Group 2022 Virtual Growth Conference taking place on Monday, March 28th through Wednesday, March 30th, 2022.

Paul Ghezzi, CEO of Kontrol Technologies, is scheduled to present as follows:

Maxim Group 2022 Virtual Growth Conference

Date:
Monday, March 28th, 2022

Time: 9:00 a.m. ET

Registration: Virtual Presentation

The presentation will be available on M-Vest using the link above through 5:30 p.m. ET on Wednesday, March 30th. Registration is required for conference participation. Please follow the link above or reach out to your Maxim Group representative for more information.

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com

Facebook | Twitter | LinkedIn

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that those technologies will not prove as effective as expected; those customers and potential customers will not be as accepting of the Company’s product and service offering as expected; and government and regulatory factors impacting the energy conservation industry.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

Contacts

Kontrol Technologies Corp.
Paul Ghezzi

CEO

info@kontrolcorp.com
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8

Tel: (905) 766.0400

Investor Relations:

Brooks Hamilton

MZ Group – MZ North America

KNRLF@mzgroup.us
Tel: +1 (949) 546.6326

Inovalis Real Estate Investment Trust Announces Distributions for March, April and May, 2022

March 22, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) announced today that its Board of Trustees has declared the REIT’s monthly cash distribution for the months of March, April and May, 2022 as per the following schedule:

Month

Record Date

Distribution Date

Distribution Amount

March, 2022

March 31, 2022

April 18, 2022

$0.06875

April, 2022

April 29, 2022

May 16, 2022

$0.06875

May, 2022

May 31, 2022

June 15, 2022

$0.06875

ABOUT INOVALIS REAL ESTATE INVESTMENT TRUST

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT’s investment criteria.

Contacts

David Giraud, Chief Executive Officer
Inovalis Real Estate Investment Trust

Tel: +33 1 5643 3323

david.giraud@inovalis.com

Khalil Hankach, Chief Financial Officer
Inovalis Real Estate Investment Trust

Tel:+33 1 5643 3313

khalil.hankach@inovalis.com

Inovalis Real Estate Investment Trust to Release Fourth-Quarter Financial Results

March 21, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) announced today that Q4 2022 financial results will be released on Tuesday, March 22, 2022, after the markets close.

ABOUT INOVALIS REAL ESTATE INVESTMENT TRUST

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT’s investment criteria.

Contacts

David Giraud, Chief Executive Officer
Inovalis Real Estate Investment Trust

Tel: +33 1 5643 3323

david.giraud@inovalis.com

Khalil Hankach, Chief Financial Officer
Inovalis Real Estate Investment Trust

Tel:+33 1 5643 3313

khalil.hankach@inovalis.com

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