WINNIPEG, Manitoba–(BUSINESS WIRE)–You’ve decided to take the plunge and streamline your operations with a CMMS – congratulations! Before you just install and instruct your team to start using it, now is the time to plan and plan diligently.

Implemented correctly, a CMMS can provide a single source of the asset management and health, reduce operational costs, increase customer satisfaction, meet regulations and become a center of the maintenance execution management.

Implemented poorly without proper buy-in and roll-out plans can turn your entire team off the idea of using software. Usage will be sporadic and complaints will be constant. Getting the team onboard again will most likely prove to be the biggest challenge and ultimate failure.

We’ve compiled the top steps to ensure your CMMS is implemented correctly with the highest chance of success.

1. Implementation Team
   When creating your implementation team be sure it is cross-functional, identify your champions and assign an owner.
2. Workflow and SOPs
   
   Document your existing workflows and be sure to question the whitespace in between the activities to determine if they are necessary. Once you know what you do and how you do it, then you can start adapting workflows to the CMMS.
3. Data Standardization
   This is the time to assess, validate and clean your data – before you upload it to your CMMS. Create a vocabulary, maintenance codes, job statuses and other standards you want to measure in the future.
4. Plan
   Have your team utilize your process documentation to start building the steps required.
5. System Configuration
   Now it’s time to configure the CMMS to receive data. That involves configuring forms, fields, dropdowns, refining flows and testing, testing, testing.
6. Training
   Adapt your training to the recipient so they can clearly see the value of making this change.
7. Launch
   Look at your stages of the project and launch it with the same approach.

These steps are a broad overview to success in your implementation. Follow them for each of your milestones, continue to assess and revise your processes and be open and receptive to feedback and suggestions from your team.

If you’re interested in a CMMS that’s designed to meet the maintenance demands of modern companies, start with Maxpanda. Let’s get some work done, together.

Contacts

Media:

Steve Kyriakidis

Email: steve@maxpanda.com
Phone: 1-424-272-6675

TORONTO–(BUSINESS WIRE)–Inovalis Real Estate Investment Trust (TSX: INO.UN) (“Inovalis REIT”) today announced that it has entered the Spanish real estate market with the purchase of two connected office buildings in Alcobendas, north of Madrid. The high-quality, modern office buildings, with approximately 118,400 SF of leasable space, are fully let to two blue-chip tenants from the aeronautical sector.

The leases are in line with market standards, including an annual indexation of rents to cover inflation and the full recovery of operating expenses. Current rents are lower than market levels, however the Inovalis S.A., the manager of the REIT, expects to align the rents with other competing assets over time, by improving the certifications and the cosmetic aspects of the asset at minor cost, offering tenants more services and a better experience in the building.

The property is part of the Arroyo de la Vega market, an established office area strategically located a short distance from downtown Madrid and the Madrid Barajas International Airport. It is near the A-1 highway, a major roadway that connects many corporate headquarters with Madrid. The building includes 250 parking spaces, modern and flexible space with state-of-the art equipment and great synergy for both tenants. It was built in 2001 and was recently refurbished.

Inovalis S.A. has been actively pursuing assets in the Spanish market since 2017 and now manages 10 assets in 5 cities, totalling $205 million of assets under management.

“We are thrilled to have closed our first transaction in Spain and our second acquisition of the year,” said Khalil Hankach, Chief Investment Officer of Inovalis REIT. “It is a result of Inovalis S.A.’s deep understanding and proven track record in asset management in this important and competitive market, where we have successfully negotiated leases, managed projects and executed a range of value-enhancing measures. Our asset management team builds long-term trusting relationships with tenants with a focus on enhancing the quality of our buildings and optimising tenants’ office experience. The REIT will pursue its growth strategy in the Spanish real estate market and portfolio enhancement through our innovative and hands-on asset management.”

The Transaction

Inovalis acquired the property from MERLIN Properties. It led the acquisition and sourced the financing conducted by Targobank.

Inovalis S.A. is a French fund manager with 25 years’ experience with all asset classes and with expertise in all principal fields of real estate. Capitalizing on its experience, Inovalis S.A. has the ambition to continue its expansion in the main real estate markets of Spain and to continue to focus on improving its properties to meet international environmental standards and certifications and on the quality of its servicing to tenants.

Investing in Spain

Inovalis REIT’s decision to invest in Spain is driven by its confidence in the strengths of the market, with a balanced risk/reward ratio, a positive outlook and potential for growth. The country’s economy is based on solid fundamentals, being central to Europe and throughout the world (with strong cultural and economic ties to South America). Under the EU’s long-term budget, coupled with NextGenerationEU, Spain is expected to receive up to $192 billion to be invested until 2026.

The Spanish Real Estate Market

Spain’s real estate market is well-developed with significant depth: office stock of more than 140 million SF for Madrid and almost 75 million SF for Barcelona. International investors were involved in approximately 80% of all real estate transactions in the country in 2021, and the market is supported by national, European and international financial institutions. Market liquidity continues to grow as both Madrid and Barcelona are now in the top 10 of investment projections in Europe for 2022. Spain is also attracting more businesses to its cities: Madrid has the fifth highest start-up density across Europe and Barcelona is well-regarded for its digital and innovative talent.

The Spanish market offers relatively high yields, low capital values and rents compared to other markets in major European cities. It also offers attractive opportunities in established and mature locations difficult to source elsewhere in Europe when assessing comparable risk and yields. In Inovalis’ experience, short term value creation is also possible by converting properties into prime assets within their micro locations and with a minimal capital effort by improving the ESG compliance of the properties, their visibility and identity.

All currency amounts have been converted to Canadian dollars ($) using an exchange rate of $1.37 per Euro.

Forward-Looking Statements

Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “intend”, “may”, “will”, ”project”, “should”, “believe”, “confident”, “plan” and “intends” and similar expressions are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specifically, forward-looking information in this news release includes, but is not limited to, statements made in relation to: the acquisition of a new asset in Madrid and the REIT’s corporate objectives. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events, performance, or achievements of the REIT to differ materially from those anticipated or implied by such forward-looking information. The REIT believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct. In particular there can be no assurance that: the REIT will achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking information included in this news release are not guarantees of future performance, and such forward-looking information should not be unduly relied upon. More information about the risks and uncertainties affecting the REIT’s business and the businesses of its royalty partners can be found in the “Risk Factors” section of its Annual Information Form and in its most recent Management’s Discussion and Analysis, copies of each of which are available under the REIT’s profile on SEDAR at www.sedar.com. All of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the REIT. The forward-looking information included in this news release is presented as of the date of this news release and the REIT assumes no obligation to publicly update or revise such information to reflect new events or circumstances, except as may be required by applicable law.

About Inovalis REIT

Inovalis REIT is a real estate investment trust listed on the Toronto Stock Exchange. It was founded in 2013 by Inovalis S.A. and invests in office properties in primary markets of France, Germany and Spain. It holds 14 assets representing $643 million of assets under management. Inovalis REIT acquires real estate properties indirectly via CanCorpEurope, an Alternative Investment Fund authorized by the CSSF in Luxemburg, and managed by INOVALIS S.A.

About Inovalis Group

Inovalis S.A. is a French Alternative Investment fund manager, authorized by the French Securities and Markets Authority (AMF) under AIFM laws. Inovalis S.A. and its subsidiaries (Advenis S.A., Advenis REIM) invest in and manage Real Estate Investment Trusts such as Inovalis REIT, open ended funds (SCPI) with stable real estate focus such as Eurovalys (for Germany) and Elialys (Southern Europe), Private Thematic Funds raised with Inovalis partners to invest in defined real estate strategies and direct Co-investments on specific assets.

Inovalis Group (www.inovalis.com), founded in 1998 by Inovalis SA, is an established pan European real estate investment player with $10 billion of assets under management and with offices in all the world’s major financial and economic centers in Paris, Luxembourg, Madrid, Frankfurt, Toronto and Dubai. The group is comprised of 300 professionals, providing Advisory, Fund, Asset and Property Management services in Real Estate as well as Wealth Management services.

Contacts

David Giraud, Chief Executive Officer
Inovalis Real Estate Investment Trust

+33 1 5643 3323

david.giraud@inovalis.com

Khalil Hankach, Chief Financial Officer
Inovalis Real Estate Investment Trust

+33 1 5643 3313

khalil.hankach@inovalis.com

IWBI joins forces with smart building market leaders to introduce new rating, which launches to strong demand and early commitments from Cyclone Energy Group, Delos, Edge Technologies, Environmental Charter School, Ernst & Young (EY), Ethos, GreenJump Sustainability, Honeywell, International Commerce Centre (ICC), Laguna, Nucleus Office Park, StrongLED Smart Lighting, View Inc. and WELL Living Lab China

SCOTTSDALE, Ariz. & NEW YORK–(BUSINESS WIRE)–The International WELL Building Institute (IWBI) today announced the launch of the WELL Performance Rating, a new rating that recognizes building owners and operators for achieving excellence in healthy building performance aimed to enhance the well-being and experience of the people inside. The announcement was made during the opening session of the WELL Summit, with IWBI leading partner organizations driving a movement for people-first places forward through application of WELL at scale.

Developed in collaboration with a host of industry leaders in smart building technologies and with input from IWBI Performance Advisory, WELL Performance Testing Organizations (PTOs) and WELL Enterprise Providers (EPs), the rating provides a roadmap for organizations to demonstrate excellence in occupant experience and building performance across key indoor environmental quality (IEQ) indicators related to air quality, water quality, thermal comfort, acoustics and lighting.

“The WELL Performance Rating puts us on an accelerated path to make buildings smarter for human health, unlocking the use of new technologies and more intelligent approaches to improve and enhance well-being and performance,” said Rachel Hodgdon, President and CEO, IWBI. “Thanks to the contributions of our collaborators from across the globe, the rating will connect building performance with the experience of the people inside, allowing organizations to make actionable what was once invisible through data and occupant insights.”

Through the achievement of the rating, organizations can garner intelligence to drive better business performance and strengthen organizational culture through the use of sensor networks, onsite tests and surveys that assess employee perceptions of their health, well-being and performance while in the building.

Recognizing the many world-class experts and leading companies involved, such as Carrier, Honeywell, Johnson Controls, Panasonic, Schneider Electric, SGS and Trane Technologies, Hodgdon added, “The creation of this rating has been a deeply collaborative effort. The top players in the industry united around a common set of performance thresholds for healthy buildings and best practices for continuous monitoring through the installation of sensor networks to advance human health and experience.”

Leaders from Cyclone Energy Group, Delos, EY, Honeywell, StrongLED Smart Lighting, View and WELL Living Lab China joined Hodgdon on stage at the WELL Summit to celebrate the launch and to signal their commitments to be among the first to pursue the WELL Performance Rating. “I am excited to stand with organizations on the leading edge of this work, who see the importance of creating people-first places for everyone, everywhere,” Hodgdon said.

Demonstrating a commitment to optimizing the health of the people inside the buildings, the following organizations have enrolled in the WELL Performance Rating:

• Cyclone Energy Group
• Delos
• Environmental Charter School (ECS)
• Edge Technologies
• Ernst & Young (EY)
• Ethos Engineering
• GreenJump Sustainability
• Honeywell
• International Commerce Centre (ICC)
• Laguna
• Nucleus Office Park
• StrongLED Smart Lighting
• View Inc.
• WELL Living Lab Beijing

Organizations currently enrolled in the WELL Performance Rating span all industries and building types, signaling the rating’s substantial impact across sectors. Here’s what they’re saying:

“Building performance extends beyond material resources, energy, and water efficiency. People’s health and well-being are core to our mission and was the driver behind achieving the WELL Health Safety Rating for Cyclone Energy Group’s Chicago Office in September 2021. The newly released WELL Performance Rating aligns with Cyclone’s airPLAN service which enables our team and occupants to continuously monitor key metrics of indoor air quality,” said Sumayyah Theron, Director of Sustainability, Cyclone Energy Group. “Cyclone leverages the real-time data to help manage the balance between energy efficiency and a comfortable and healthy space. We’re glad to be on the leading edge with IWBI in pioneering places that leverage technology for people, extending this to our clients for greater benefits all around.”

“Edge knows it’s possible to activate people-centricity on a holistic and a personal level. The WELL Performance Rating enables us to leverage technology to gather insights on the built environment in order to make adjustments that unleash human potential,” said Thomas Ummels, Chief Development Officer, Edge Technologies. “We are proud to continue our WELL journey with IWBI in enrolling for the WELL Performance Rating, making buildings better for people.”

“As an industry leader in mechanical and electrical consultancy in Ireland and across Europe EMEA, Ethos Engineering is dedicated to advancing our knowledge of the effect of the built environment and its impact on human health and well-being,” said Greg Hayden, CEO, Ethos Engineering. “That’s why we are delighted to be an early participant in the new WELL Performance Rating process, adopting it for our Head Office in Dublin, which is on track to become one of the first in Europe to achieve this standard of building performance and analysis.”

“Environmental Charter School (ECS) began as a group of inspired parents and community leaders and bloomed into a system of learning,” said Jon McCann, Chief Executive Officer, Environmental Charter School. “As we support young learners and future leaders, we understand how the environment where they learn impacts their well-being. With the WELL Performance Rating, ECS can help our students by using information about where they’re learning, to help impact how they live.”

“At EY, we thrive in helping our clients create optimized experiences. With the roadmap the WELL Performance Rating provides, there is enhanced building intelligence through actionable visibility of the levers that adjust our environments,” said Jade Dauser, Corporate Real Estate and Technology Services Leader, EY. “This can improve the well-being of visitors and tenants alike. With IWBI’s WELL Performance Rating, EY can use real-time data to make impactful changes.”

“GreenJump Sustainability is committed to creating healthy, sustainable living environments and lifestyles, enhancing employee well-being through the WELL Performance Rating with smart building features and objectivity,” said Tzung-Han Ho, CEO, GreenJump Sustainability. “We are proud to join IWBI in using this rating to better inform our actions.”

“Based on research we’ve conducted, people want viable evidence that the buildings they use every day for work, school or care are healthier and use technology that helps to foster their well-being,” said Manish Sharma, vice president and general manager of sustainable buildings, Honeywell Building Technologies. “We look forward to implementing the WELL Performance Rating at our new corporate headquarters in Charlotte, N.C., where our priority is to deliver an unmatched occupant experience to support the well-being of our employees and guests while also being conscious of our environmental impact.”

“Sun Hung Kai Properties is fully committed to providing its customers and tenants with the best services. Health and well-being have become even more important nowadays. The WELL Performance Rating will help us improve our building performance and maintain the International Commerce Centre (ICC) as one of the best business locations in the world for our tenants,” said Lo King-Wai, General Manager, Sun Hung Kai Real Estate Agency, ICC.

“Measured performance is what attracted Laguna to WELL in the first place. Not just the promise of better, healthier buildings, but the ability to track various settings and understand the impact that different strategies have on people’s lives,” said André Marin, Director of Incorporation, Laguna. “That’s very important to us, and it’s the reason we are excited about prototyping the WELL Performance Rating at Galeria Laguna, our new experiential design space and showroom.”

“Health and well-being are prime considerations for Nucleus Office Parks. Nucleus Office Parks is committed to implementing meaningful and measurable building performance and tangible strategies across our portfolio to enhance the quality of life of our customers, partners and employees,” said Quaiser Parvez, CEO Nucleus Office Parks. “The newly launched WELL Performance Rating from IWBI is a gold standard and will help us continuously monitor and improve the ongoing performance of our buildings. We at Nucleus Office Parks are excited to partner with IWBI at the launch of the WELL Performance Rating and create new benchmarks in health and wellness in the built out and operating environment in India.”

“StrongLED Smart Lighting is committed to developing the most technologically advanced lighting products, including intelligent sensors and control systems, through scientific research. Leveraging the WELL Performance Rating is our response to WELL’s human-centered, healthy building concept, and we pledge to provide the highest quality indoor lighting environment,” said Lawrence Lin, CEO, StrongLED Smart Lighting (Cayman) Co., Ltd. “Putting people’s well-being and experience first is our commitment to IWBI, and our unremitting goal to achieve.”

“Our mission at View is to create delightful human environments by transforming buildings to improve human health,” Chief Business Officer of View, Rahul Bammi. “We are excited to use our own smart building technology to achieve the WELL Performance Rating at our headquarters and promote the health and well-being of our employees.”

The WELL Performance Rating consists of features drawn from the WELL Building Standard (WELL) along with new strategies and features that call for specific leadership thresholds, and can be earned as a standalone designation or a milestone toward a single-building certification or enterprise commitment. IWBI first announced plans for developing the new rating system in July 2021, tapping the expertise of a global network of advisors as well as a diverse group of organizational and industry leaders, including Aircuity, BSI, Carrier, CETEC, Cognian Technologies, Honeywell, Johnson Controls, Kaiterra, LeGrand, Lennox International, Panasonic, Schneider Electric, SGS, Thornton Tomasetti, Trane Technologies and WSP.

Since 2021, IWBI has engaged stakeholders in a series of sessions to further the integrity and use of the rating, including educating individuals on how the rating works and what to prepare for. In March, IWBI’s Governance Council, the leadership body tasked with upholding the integrity of WELL through rigorous standard development criteria, ratified the rating in a unanimous vote. The Governance Council includes public health icons such as Dr. Risa Lavizzo-Mourey of the University of Pennsylvania and former President and CEO of the Robert Wood Johnson Foundation; the 17th U.S. Surgeon General, Dr. Richard Carmona; and Nancy Roman, President and CEO of Partnership for a Healthier America.

About the International WELL Building Institute

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

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

Contacts

Media:

Yan Tai
media@wellcertified.com

Global Brokerage Gives People a Chance to Win a Custom Pet-Sized Version of Their Home

IRVINE, Calif.–(BUSINESS WIRE)–Berkshire Hathaway HomeServices, a global residential real estate brokerage franchise network, has announced the launch of the Berkshire Hathaway HomeServices Pawfect Home Sweepstakes, where individuals can enter for a chance to win a custom-built, pint-sized replica of their own home for their loyal companion.

“Pets are what make a house a home and we all know when considering a property there’s no denying pets call the shots much more than we give them credit for,” said Christy Budnick, CEO of Berkshire Hathaway HomeServices. “We are excited to provide an opportunity to give pets something that’s better than treats or toys: a custom-built, pet-sized pet house.”

To enter the sweepstakes, consumers can visit www.BHHSpawfecthome.com between April 11, 2022, at 12:00 p.m. Eastern Time (“ET”) U.S. and June 6, 2022, at 11:59 p.m. ET U.S. Limit 1 base entry per person per day. See Official Rules eligibility requirements, prize description and limitations.

Five Grand Prize winners will receive a custom-made pet home. The sweepstakes is available in the United States, Canada and Mexico on April 11 followed by the United Kingdom, Portugal, Greece and Spain which launches on April 25. The Berkshire Hathaway HomeServices Pawfect Home Sweepstakes is a Pawfect opportunity for all four-legged friends (or if your pet’s a snake, no-legged friend) to have a home that’s Pawfect.

Real Estate Forever Agents care about their clients and their pets. Pets are part of the family. From first time homebuyers to high-end residential markets to middle-market communities, our pets are there for us through it all.

For more information or to enter the sweepstakes visit: www.BHHSpawfecthome.com

About Berkshire Hathaway HomeServices

Berkshire Hathaway HomeServices is a global residential real estate brokerage franchise network with more than 50,000 real estate professionals and nearly 1,500 offices across 12 countries including, the U.S., Canada, Mexico, Europe, the Middle East, The Bahamas, and India. In 2021, the Berkshire Hathaway HomeServices global network represented more than $179.9 billion (USD) in real estate sales volume. The network, among the few organizations entrusted to use the world-renowned Berkshire Hathaway name, brings to the real estate market a definitive mark of trust, integrity, stability, and longevity.

Contacts

Chelsea Freeman

PR & Communications

+1 949 241 5239

chelseafreeman@hsfranchise.com

TORONTO–(BUSINESS WIRE)–Inovalis Real Estate Investment Trust (TSX: INO.UN) (“Inovalis REIT”) today announced it has completed the purchase of the “Gaïa” office property in Nanterre, a suburb of Paris which is in the immediate vicinity of the La Défense district. The ninth property in the REIT’s Paris portfolio, the Gaïa is a 5-floor, 118,400 SF building built in 2014, and was acquired from GA Smart Building and Paref, who co-developed the property.

“This acquisition is in keeping with our strategy of investing in core European markets where we have considerable experience and knowledge,” said Khalil Hankach, Managing Director of Inovalis S.A. and Chief Investment Officer of Inovalis REIT. “We were delighted to source this high-quality, accretive and creditworthy asset, which has a good mix of tenants in a strategic office area close to one of Europe’s leading business districts. It is in keeping with our core+ strategy, which will see us continue to invest in mature and consolidated markets, and in assets that generate a predictable cash flow.”

The Gaïa has many compelling features, including a spacious and modern lobby, bright office spaces and elevated private terraces offering unique views of the Mont Valérien. The property also offers several quality services, such as a restaurant with an outdoor terrace, meeting rooms, a common lounge area, and co-working spaces. The Gaïa has received dual High Environmental Quality (HQE) and BBC Effinergie (Low-energy Building) certifications and is equipped with an Active Computer Performance Management system, which support high-performance energy efficiency levels (2.32 kwh/SF/year).

The Gaïa Tenants benefit from Gross Rent levels which are highly competitive, due to low and controlled operating costs, allowing the Landlord to maximize net rents, while neighboring assets seeking higher or similar Gross Rent levels fail to offer most of the services that the Gaïa provides. Tenant leases include annual increases indexed to inflation, with no caps, and the full recovery of operating expenses.

Adjacent to the new Eco-quartier des bergères to be completed in 2025, the Gaïa benefits from a qualitative and dynamic environment that will be further enhanced by the completion of the large-scale renovation programme for the Parc Sud, supported by the city and the region.

Reinstatement of Dividend Reinvestment Plan

Inovalis REIT also announced that the Board of Trustees of the REIT approved the reinstatement of the Dividend Reinvestment Plan (“DRIP”), commencing effective with the April distribution for Unitholders of record on April 29, 2022 Unitholders that were enrolled in the DRIP at the time of its suspension and have not subsequently withdrawn will automatically resume participation in the DRIP.

The DRIP allows eligible holders of units to reinvest their cash dividends paid in respect of their units in additional units, which, at the REIT’s election, will be issued from treasury or purchased on the open market. If the REIT elects to issue units from treasury, such units will be purchased under the DRIP at a 3% discount to the volume weighted average of the closing price for the units on the TSX for the five trading days immediately preceding the relevant dividend payment date. The REIT may, from time to time, in its sole discretion, change or eliminate the discount applicable to units issued from treasury.

To be eligible to participate in the DRIP, holders of units must be resident in Canada. Participation in the DRIP does not relieve unitholders of any liability for taxes that may be payable in respect of dividends that are reinvested in new units under the DRIP. Unitholders should consult their tax advisors concerning the tax implications of their participation in the DRIP having regard to their particular circumstances.

The full text of the DRIP is available under the “Investor Relations” section of the REIT’s website located at https://www.inovalisreit.com. Eligible beneficial unitholders who wish to participate in the DRIP should contact their investment advisor, bank or brokerage firm to enroll in the DRIP.

Unitholders should carefully read the complete text of the DRIP before making any decisions regarding participation in the DRIP.

Forward Looking Statements

Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “intend”, “may”, “will”, ”project”, “should”, “believe”, “confident”, “plan” and “intends” and similar expressions are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specifically, forward-looking information in this news release includes, but is not limited to, statements made in relation to: the acquisition of a new asset in Paris, the reinstatement of the DRIP and the terms of the DRIP and the REIT’s corporate objectives. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events, performance, or achievements of the REIT to differ materially from those anticipated or implied by such forward-looking information. The REIT believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct. In particular there can be no assurance that: the REIT will keep the DRIP in place or the REIT will achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking information included in this news release are not guarantees of future performance, and such forward-looking information should not be unduly relied upon. More information about the risks and uncertainties affecting the REIT’s business and the businesses of its royalty partners can be found in the “Risk Factors” section of its Annual Information Form and in its most recent Management’s Discussion and Analysis, copies of each of which are available under the REIT’s profile on SEDAR at www.sedar.com. All of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the REIT. The forward-looking information included in this news release is presented as of the date of this news release and the REIT assumes no obligation to publicly update or revise such information to reflect new events or circumstances, except as may be required by applicable law.

Contacts

David Giraud, Chief Executive Officer Khalil Hankach, Chief Financial Officer
Inovalis Real Estate Investment Trust Inovalis Real Estate Investment Trust

Tel: +33 1 5643 3323 Tel:+33 1 5643 3313

david.giraud@inovalis.com khalil.hankach@inovalis.com

CARPINTERIA, Calif.–(BUSINESS WIRE)–Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced a new integration with Building Transparency, a nonprofit organization with the mission to enable broad and swift action to address the construction industry’s role in climate change. The integration enables Procore users to leverage the Embodied Carbon in Construction Calculator (EC3) in an effort to drive sustainability across the global construction industry.

Between 2015 and 2050 worldwide, two trillion square feet of buildings are expected to be built or renovated, and the World Green Building Council estimates that construction materials account for approximately 11 percent of global carbon emissions. In order to address Environmental, Social and Governance (ESG) and sustainable building practices, the EC3 tool is a free database that calculates the embodied carbon emissions associated with design and material procurement, ultimately helping specialty contractors, general contractors and owners reduce embodied carbon emissions in construction. The EC3 calculator was co-conceived and developed by Skanska and C Change Labs; it was jointly seed-funded by Skanska and Microsoft.

The EC3 integration provides Procore users the opportunity to reduce construction waste and rework, accounting for nearly $500 billion annually across the globe according to the 2018 FMI Report. By giving construction professionals the tools to benchmark and assess their carbon footprint, the tool actively helps companies realize their sustainability targets and reduce carbon emissions.

“We are thrilled to provide our customers around the globe access to the Embodied Carbon in Construction (EC3) tool,” said Tooey Courtemanche, Procore founder and CEO. “As a dedicated partner to the construction industry, it is our responsibility to support the growing need for sustainable building. Our partnership with Building Transparency and the new EC3 integration reinforces our vision of improving the lives of everyone in construction and the communities we serve.”

“Our partnership with Procore is a great step forward in educating our industry on the importance of reducing embodied carbon emissions and the tools already available to do so,” said Stacy Smedley, Executive Director of Building Transparency. “EC3 enables the industry to measure and understand the carbon footprint of their projects and set reduction targets to begin to address our collective impact on climate change.”

To learn more about how Procore is partnering with Building Transparency to support greener construction practices, register for Procore’s global Innovation Summit taking place April 19.

About Procore

Procore is a leading global provider of construction management software. Over 1 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 around the globe. Learn more at Procore.com.

PROCORE-IR

Contacts

Media Contact
Elizabeth Locke

press@procore.com

Investor Contact
Matthew Puljiz

ir@procore.com

TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or “the Company”), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Metaverse Group, has partnered with INHOUSE COMMERCIAL to develop a Metaverse NFT virtual copy of a commercial real estate asset for sale in Miami Beach.

“Our partnership with INHOUSE COMMERCIAL demonstrates new use cases between the Metaverse and physical real estate. We are pleased to continue pushing boundaries for Metaverse use cases,” commented Andrew Kiguel, Tokens.com CEO and Metaverse Group Executive Chair.

960 Alton Road is owned by Phillip Levine, former two-time mayor of Miami Beach. Metaverse Group will be using its in house virtual architectural services to develop the Metaverse replica of the Alton Road property, which is intended to be sold with the physical property.

“We are thrilled to partner with Metaverse Group to offer the first ever commercial real estate asset for sale with a replica in the Metaverse,” said Jared Robins of INHOUSE COMMERCIAL. “960 Alton Road is a fully furnished office building located in the heart of Miami Beach with substantial development potential. As companies look to open virtual offices in the Metaverse which cater to their remote employees, we believe having a real-life asset that mimics their virtual workplace will be beneficial and unique.”

“As Miami continues to become the center of the tech world, we are excited to partner with Metaverse Group to offer a replica of our 960 Alton Road asset in the Metaverse,” said Philip Levine, former Mayor of Miami Beach.

Brands or virtual landowners interested in partnering with Metaverse Group should contact Info@metaversegroup.com.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.

Visit Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

About Metaverse Group

The Metaverse Group is a vertically integrated NFT based Metaverse real estate company. The group, with its global headquarters in Decentraland’s CryptoValley, also owns an eight figure real estate portfolio across many leading virtual worlds. The company intends to continue to purchase, develop and rent out its portfolio of real estate assets. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.

For further information please visit https://metaversegroup.com.

INHOUSE COMMERCIAL

INHOUSE COMMERCIAL was founded with a focus to bring the best retail, hospitality, and experiences to South Florida through real estate brokerage and advisory. Specializing in retail leasing and investment sales, INHOUSE relies on market knowledge, local relationships, and consumer trends to deliver solutions. For more information, visit www.inhousecre.com.

960 ALTON ROAD

960 Alton Road is comprised of two buildings on a 31,350 square foot lot on a prime corner of Alton Road. On the corner of the parcel is a two-story stand-alone office building with prime frontage and visibility on Alton Road. The office space is fully furnished and in pristine condition. The second building is currently operating as a gym. The property has significant redevelopment potential as Miami Beach recently passed a city ordinance to increase maximum building height from 60 to 75 feet for predominantly office developments. A massing study of the potential development opportunity was recently completed by globally recognized Kobi Karp.

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO

Telephone: +1-647-578-7490

Email: contact@tokens.com

Jennifer Karkula, Head of Communications

Email: contact@tokens.com

Media Contact: Ryleigh Ebron – Talk Shop Media

Email: ryleigh@talkshopmedia.com

Alliance Expands AZEK’s FULL-CIRCLE PVC Recycling Program; Expected to Advance ESG and Recycling Goals

CHICAGO–(BUSINESS WIRE)–The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech^® decking, Versatex^® and AZEK^® Trim, and StruXure™ pergolas, today announced a PVC recycling alliance with DTG Recycle, the largest recycler of construction and demolition (C&D) waste in the Pacific Northwest. The alliance expands AZEK’s FULL-CIRCLE PVC Recycling program to now include the collection of PVC-based C&D debris.

As part of the alliance, PVC scrap and debris collected by DTG Recycle will be processed by Return Polymers, AZEK’s vertically integrated recycler, and then incorporated into one of AZEK’s many sustainable outdoor living product lines made with recycled PVC material, including TimberTech AZEK^® decking and AZEK and Versatex Trim.

“We are excited about what this C&D recycling alliance with DTG Recycle represents – a new recovery channel for PVC waste and scrap that might be otherwise destined for landfills,” said AZEK CEO Jesse Singh. “AZEK’s goal is to recycle one billion pounds of waste and scrap annually by the end of 2026. To achieve this ambition, and, ultimately, to advance and sustain a circular economy, it is imperative to find new solutions and new partners whose leadership, capabilities and sustainability goals match our own. We have found that and more in DTG Recycle.”

DTG Recycle will utilize its extensive collection and processing network to help AZEK and Return Polymers expand its FULL-CIRCLE PVC Recycling program beyond post-industrial producers. Items such as PVC siding, windows, fencing, and pipe that enter the C&D channel are typically destined for the landfill and are amongst one of the recycling industry’s most significant challenges.

“PVC has always challenged the C&D recycling community,” says Tom Vaughn, CEO of DTG Recycle. “This is a big win for the construction industry and communities throughout the Pacific Northwest, as this alliance both creates an open-loop recycling solution for otherwise landfill bound debris and helps further protect the local and regional environments for everyone to enjoy. We are honored that AZEK and Return Polymers chose us as their partner to offer this new sustainable end market to our region.”

“While the industrial PVC recycling market is more established, the larger C&D market remains largely untouched. It will require the special skills, expertise, and unique technologies developed by Return Polymers to lead the market into these uncharted waters. This, combined with the leadership and reputation of DTG Recycle, sets us on a path to scale more rapidly and expand our C&D PVC recycling program to other regions in the United States,” said David Foell, Founder of Return Polymers, a wholly owned subsidiary of AZEK.

For more information on AZEK’s FULL-CIRCLE PVC Recycling program, please visit azekco.com/about-us/full-circle-recycling-program/.

About The AZEK^® Company

The AZEK Company Inc. (NYSE: AZEK) is the industry-leading designer and manufacturer of beautiful, low maintenance and environmentally sustainable outdoor living products, including TimberTech^® decking and Versatex^® AZEK Trim^® and StruXure™ pergolas. Consistently recognized as the market leader in innovation, quality and aesthetics, products across AZEK’s portfolio are made from up to 100% recycled material and primarily replace wood on the outside of homes, providing a long-lasting, eco-friendly, and stylish solution to consumers. Leveraging the talents of its approximately 2,000 employees and the strength of relationships across its value chain, The AZEK Company is committed to accelerating the use of recycled material in the manufacturing of its innovative products, keeping millions of pounds of waste out of landfills each year, and revolutionizing the industry to create a more sustainable future. Headquartered in Chicago, Illinois, the company operates manufacturing facilities in Ohio, Pennsylvania, Georgia, and Minnesota, and recently announced a new facility will open in Boise, Idaho. For additional information, please visit azekco.com.

About DTG Recycle

DTG Recycle is the largest recycler of construction, demolition, industrial, and manufacturing waste in the Pacific Northwest. We strive for a zero-waste future by collecting, transporting, processing, and manufacturing waste into innovative end products from recovered materials. With a diversified collection and transportation fleet, we provide unique, convenient recycling methods and the industry’s best customer service. We are Customer Focused, Planet Obsessed. Learn more at dtgrecycle.com.

About Return Polymers

For 30 years, Return Polymers has been a leader in the development, implementation, and delivery of recycled PVC compound solutions. Acquired by The AZEK Company in 2020, Return Polymers serves clients in every PVC market segment and is proud to have unparalleled records in safety, product consistency, customer satisfaction, and environmental sustainability. Return Polymers is a leader in the recycling industry and was named 2019 Vinyl Recycler of the Year by the Vinyl Sustainability Council. To learn more, please visit returnpolymers.com/.

Cautionary Note Regarding Forward-Looking Statements

This release contains or refers to certain forward-looking statements within the meaning of the federal securities laws and subject to the “safe harbor” protections thereunder. Forward-looking statements are statements about future events and are based on our current expectations. These forward-looking statements may be identified by the words “believe,” “hope,” “expect,” “intend,” “will,” “target,” “anticipate,” “goal” and similar expressions. Projected financial information and performance, including our guidance and outlook, are forward-looking statements. Other forward-looking statements may include, without limitation, statements with respect to our future growth and goals, including environmental goals. The Company bases its forward-looking statements on information available to it on the date of this release and undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of changed circumstances, new information, future events, or otherwise, except as may otherwise be required by law. Actual future events could also differ materially due to numerous factors that involve substantial known and unknown risks and uncertainties including, among other things, the risks and uncertainties set forth under “Risk Factors” and elsewhere in the Company’s reports on Form 10-K and Form 10-Q and the other risks and uncertainties discussed in any subsequent reports that the Company files with the Securities and Exchange Commission from time to time. Although we have attempted to identify those material factors that could cause actual results or events to differ from those described in such forward-looking statements, there may be other factors that could cause actual results or events to differ from those anticipated, estimated or intended. Given these uncertainties, investors are cautioned not to place undue reliance on our forward-looking statements.

Contacts

Rachel Mihulka

1-402-980-9603

AZEKquestions@zenogroup.com

IRVING, Texas–(BUSINESS WIRE)–HighGround Restoration Group, INC., is pleased the to announce its new name and logo. The company was initially formed in February of 2020 with the platform acquisition of Dry Force LLC, a Texas based water restoration and reconstruction leader with locations in Dallas, Houston, Austin, and San Antonio. After a successful year in 2021 of adding five best-in-market brands to create a national platform, the company launched the HighGround brand in 2022. HighGround serves as the umbrella for the entire group while each individual company retains its brand equity in the market.

Ben Balsley, HighGround’s Chief Executive Officer, stated, “Our vision is to build a company where great brands thrive and elevate to next-level performance. We will do this by serving our employees, customers, and partners and creating opportunities to leverage national scale for local execution. I couldn’t be more excited about our brand teams and HighGround platform and the growth opportunities in front of us.”

In addition to its initial investment in Dry Force, HighGround has also partnered with the following restoration brands: Cleanup & Total Restoration (CTR), Power Dry, MoreFloods, Dririte, and Northeast Power Dry. These brands represent every region of the US and HighGround is actively seeking to add brands and partner with leaders that share its focus on service and growth. If you are interested in learning more or joining the HighGround family of brands, reach out at information@highgroundnow.com or visit www.highgroundnow.com.

About HighGround:

No one’s ever prepared for the chaos that comes with water, mold, fire, or smoke damage. And some contractors only make it worse. The property owner needs help from someone who knows what they’re doing – and who genuinely cares. And that’s why our family of brands come to work every day.

HighGround brands help customers who have suffered water or fire damage by providing 24/7/365 drying and clean up services coupled with reconstruction contracting, all while engaging with the customer’s insurance company to ensure seamless claims processing. Our brands have developed a robust referral program with residential and commercial partners by offering services such as hosted education and training, reporting and analytics, and competitive incentive compensation. This comprehensive approach allows HighGround to stay top of mind with these key referral relationships.

Contacts

Brian McNeal
Email: brian.mcneal@highground.com

TORONTO–(BUSINESS WIRE)–Armstrong Fluid Technology announced a bold initiative in 2018, to reduce greenhouse gas (GHG) emissions among its global customer base by 2 million tons, targeting completion by the year 2022.

The company recently announced that they had reached and surpassed that lofty goal. In the process they have also helped customers save 2.5 billion kWh of electricity usage, resulting in more than $300 million in cost savings. Achieving this goal is the equivalent of taking 600,000 cars off the road for a year, or off-setting the average annual CO2 emissions generated by 100,000 people.

“Since June 2018, when the initiative was first announced, Armstrong has worked collaboratively with our customers and partners to implement our innovative Design Envelope technology in building mechanical plants, worldwide. The application of this technology converts existing and new installations into ultra-efficient and sustainable systems,” said Todd Rief, Armstrong CEO.

“We have now boosted Design Envelope Technology with our innovative Active Performance Management architecture. This 3-layer architecture adds the power of Digital Twins, Edge and Cloud computing to intelligent Design Envelope equipment. The application of Active Performance Management brings performance resilience and transparency to system design and operations. This helps our partners and our customers extract carbon from every stage of the lifecycle of a building. They can design a much smaller plant with lower construction carbon footprint, and dramatically reduce their carbon emission from operations. All this while using predictive maintenance to preserve building performance without adding cost.

“At the same time, we recognize that the work in this area is not yet done. Buildings worldwide continue to be some of the biggest contributors of GHG. Through our core competencies of Fluid Flow, Energy Transfer, Demand Based Control and Digitalization, we aim to bring a step change to the performance of buildings through their entire lifecycle.”

To monitor the results, Armstrong launched a global validation effort in 2018 across a wide range of customer types and applications. The results were validated by Bureau Veritas, and made available as a set of case histories.

Contacts

Roger Halligan

H+A International, Inc.

312-332-4650 Ext. 22

rhalligan@h-a-intl.com

In addition to the preservation and creation of affordable units, and decarbonization plans, Dream has also unveiled new free resident programming.

TORONTO–(BUSINESS WIRE)–Dream Unlimited Corp. “Dream Unlimited” (TSX: DRM), Dream Impact Trust “Dream Impact” (TSX: MPCT.UN) and Dream Impact Fund, collectively referred to as “Dream”, today announced it successfully secured insured financing under Canada Mortgage and Housing Corporation’s (“CMHC”) new MLI Select insurance product through TD Bank. The $153 million insured loan through TD will finance Dream’s plans to preserve and increase the number of affordable units from 52 to 189 at the Residence at Weston apartment complex – representing 40 percent of all units. The affordable units will not exceed 30 per cent of Toronto’s median renter income. Dream will also decrease energy consumption by a minimum of 15 per cent and greenhouse gas emissions by a minimum of 25 per cent.

Through collaborative engagement, Dream supported CMHC as they designed this innovative multi-unit insurance product. Launched earlier this month, MLI Select uses a points-based system that offers increasing insurance incentives based on a borrower’s commitments to social and climate related outcomes, including affordability, accessibility, and energy efficiency.

“We’re so pleased to work with Dream and TD to bring more affordable housing to Toronto. The introduction of MLI Select is another important tool that will help transform existing supply into sustainable and affordable housing across the country,” says Romy Bowers, President and CEO of CMHC.

The project financing was achievable through collaboration with TD as the lender, leveraging their experience and expertise throughout the process. This is an example of financial institutions, the federal government, and private entities working collaboratively to address pressing societal and environmental issues. The new MLI Select product will allow building owners, including asset managers and non-profits, to transform their buildings into resilient, affordable, and accessible homes working with their approved lenders.

“We are incredibly proud to have collaborated with Dream and CHMC on this forward-thinking product that helps to address the acute affordability challenges Canadians continue to face. Today’s announcement demonstrates a creative approach for increasing the supply of affordable housing here in Toronto and we hope it will inspire future sustainable and inclusive housing developments in cities and communities across the country,” says Andrew Phillips, Deputy Chair, Head of Real Estate and Diversified Industries, Investment Banking for TD.

Residence at Weston, part of the Weston Common mixed-use complex in the Weston Mount Dennis neighbourhood, is a 30-storey rental tower built in 1974 with 472 residential rental units, the Artscape community hub, West 22, an adjacent 30-storey rental building that includes 369 newly developed units, and 42,000 sq. ft. of commercial space.

Due to the insured financing, Dream has already begun converting 137 units to affordable units and has also begun retrofitting the Residence at Weston to achieve its decarbonization targets. This work includes: implementing new boilers, mechanical and plumbing systems; enhancing balcony insulation; and, installing high-performing doors and windows. At nearly 50 years old, aging apartment buildings like the Residence at Weston have long been identified as big carbon emitters and require a new way of thinking to ensure the long-term viability for residents and the environment. The retrofit is expected to take place over the next two years with minimal disruption to building residents.

“Apartment complexes like Residence at Weston require a meaningful approach to ensure they are healthy and resilient homes for generations to come. Our work at Residence at Weston serves as an example that retrofits are a critical piece of our housing stock and can preserve much-needed affordable and accessible housing while addressing climate change,” says Michael Cooper, President and Chief Responsible Officer at Dream. “The most sustainable building is one that already exists, and it’s incumbent on us all to find new ways of working with what we have and bring them up to a high level of performance.”

New programming coming to Weston Common by the Dream Community Foundation

Dream has also unveiled new programming that is beginning this month at Weston Common, with funding from the Dream Community Foundation. The creation of these new programs were informed by feedback and input from all residents. Initial programs are set to launch on-site this month, including free community fitness classes, such as kickboxing and yoga; free weekly breakfast and coffee socials; and subsidies for Toronto’s Bike Share memberships.

Later this spring, additional programming will be rolled out, including: free art classes for seniors and youth; free skills training classes, such as tax, resume-writing and language classes; and free tutoring and homework help for younger children, among others.

The programs showcase a first-of-its-kind model whereby a building owner has electively integrated a robust range of not-for-profit programming within a mixed-income community. The programs will be delivered by a dedicated Community Ambassador on-site at Weston Common as well as non-profits partners.

“These programs have been created alongside Weston Common residents who expressed a desire for a diversity of programming and strong social connections within the Weston-Mount Dennis neighbourhood,” says Krystal Koo, Chair of the Dream Community Foundation Board. “We are excited to introduce an extensive slate of year-round programs and services that can improve socio-economic, health and cultural outcomes for all residents.”

For more information and to schedule interviews, please contact publicist.

About Dream Unlimited Corp.

Founded in 1994 with a vision to revolutionize the way people live and work, Dream is one of Canada’s leading real estate companies, with over $15 billion on assets across North America and Europe. Across the Dream group platform, there is approximately 4 million square feet of GLA in retail or commercial properties and over 20,000 condominium or purpose-built rental units in our development pipeline and 9,000 acres of lands across Western Canada. Responsible for some of the country’s most iconic and transformative projects, we always invest with purpose, embracing creativity, passion and innovation, delivering strong returns, while positively impacting the communities and the world around us through our focus on impact investing.

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.

About Dream Impact Fund

Dream Impact Fund LP was created in March 2021 and is one of the world’s first open-ended funds dedicated exclusively to impact investing. The Fund is managed by a vertically integrated team with significant track record in impact investments. Our impact strategy is consistent with Dream Unlimited’s three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities.

About Canada Mortgage and Housing Corporation

CMHC supports the housing market and financial system stability by providing support for Canadians in housing need, and by offering housing research and advice to all orders of Canadian government, consumers and the housing industry. For more information, follow us on Twitter, YouTube, LinkedIn, Facebook and Instagram.

About TD Bank Group

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (“TD” or the “Bank”). TD is the fifth largest bank in North America by assets and serves more than 26 million customers in three key businesses operating in a number of locations in financial centers around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America’s Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in The Charles Schwab Corporation; and Wholesale Banking, including TD Securities. TD also ranks among the world’s leading online financial services firms, with more than 15 million active online and mobile customers. TD had CDN$1.8 trillion in assets on January 31, 2022. The Toronto-Dominion Bank trades under the symbol “TD” on the Toronto and New York Stock Exchanges.

Contacts

MEDIA CONTACT

kg&a

Maxwell Batista

416-995-5749

maxwell.batista@kga-inc.com

Candice Leung

416-537-0954

candice.leung@kga-inc.com

Space NK curation offers some of the most coveted beauty brands in the world

TORONTO–(BUSINESS WIRE)–Hudson’s Bay announced today it will open three additional ‘shop-in-shop’ Space NK locations, as part of its strategy that will scale the presence of the premier British beauty brand in Canada. The shops allow customers to discover a bespoke curation of prestige and indie beauty brands spanning haircare, makeup, skincare, bath, body, and fragrance, with the full-range collection also available on TheBay.com. Calgary’s Market Mall, Quebec’s CF Carrefour Laval, and the Queen St flagship in Toronto are the latest installments, doubling Space NKs footprint at Hudson’s Bay since the retailer’s launch in Canada in August 2021.

“Space NK at the Bay is an unmatched experience—customers will discover the most sought-after brands, many of which are new to Canada, complemented by our incredible and expansive beauty assortment,” says Laura Janney, Chief Merchant at The Bay. “With our commitment to discovery, Space NK at The Bay inspires and delivers an innovative journey for our customers.”

“We are delighted to expand our partnership with Hudson Bay, to bring our beauty category expertise to their customers across Canada in an iconic department store location, allowing them to shop luxury beauty when, where and how they choose. We look forward to working with Hudson Bay as our partnership continues to develop into 2023,” says Noah Rosenblatt, President of Space NK North America.

The Bay plans to launch Space NK in additional stores leading into 2023 – with new and exciting brands added to the assortment both in-store and on TheBay.com. The current assortment features 18 premium brands, including Chantecaille, Boy Smells, Tata Harper, Sunday Riley, Dr. Dennis Gross, R+Co, Kevyn Aucoin and most recently Malin + Goetz. Space NK can be found in 6 Hudson’s Bay locations, with a further 25 haircare towers in additional doors.

ABOUT THE BAY

Through a digital-first, purpose-driven lens, The Bay helps Canadians live their best style of life. The Bay operates thebay.com featuring Marketplace, one of the largest premium life & style digital platforms in Canada, with a seamless connection to a network of 85 Hudson’s Bay stores. The Bay has established a reputation for quality and style through an unrivalled assortment of products and categories including fashion, home, beauty, food concepts and more. Follow us on our social media channels: Instagram, Facebook, Twitter, TikTok.

The Bay and Hudson’s Bay operate under the HBC brand portfolio. Founded in 1670, HBC is North America’s oldest company. The signature stripes are a registered trademark of HBC.

ABOUT SPACE NK

The go-to destination for worldwide beauty discovery, Space NK started out as a single store in Covent Garden over 25 years ago. We can now be found in 75 locations across the UK and Ireland, as well as online at spacenk.com. In our stores and on our website, you will find a finely-honed edit of the most innovative products in the beauty world, including super-charged skincare, cutting-edge cosmetics, and game-changing gadgets.

Contacts

Lauren Polyak

Sr. Manager, Public Relations

lauren.polyak@thebay.com

Tiffany Bourré

DVP, Communications & PR

tiffany.bourre@thebay.com

Jini Sanassy

Head of PR

SPACE NK

Jini.Sanassy@spacenk.com