TORONTO–(BUSINESS WIRE)–Slate Asset Management (“Slate”), a global alternative investment platform focused on essential real estate and infrastructure, today announced three senior leadership promotions, effective January 1, 2026. Molly Mahoney has been elevated to Partner, and John Murray and Sayed M. Alaali have been promoted to Managing Directors.

“Molly, John, and Sayed have demonstrated outstanding dedication, skill, and leadership over the years and each has contributed meaningfully to Slate’s reputation as a proven investor and a trusted partner to leading global institutions,” said Brady Welch, Co-Founding Partner at Slate. “We are very pleased to welcome them to the highest ranks of our firm’s leadership.”

Blair Welch, Co-Founding Partner at Slate, added: “In a year of significant growth, these individuals have consistently delivered exceptional outcomes for Slate’s clients, partners, and communities. They are unwavering in their commitment to excellence, integrity, and teamwork, and we look forward to seeing their continued positive impact within our firm and the industry.”

Partners and Managing Directors:

• Molly Mahoney, Partner – Molly joined Slate in 2020 and has been instrumental in advancing Slate’s capital raising strategy. Her contributions have helped expand and diversify the firm’s investor base, establish capital partnerships in new global markets, and broaden Slate’s offerings to create new opportunities for investors. In addition to her leadership on the Investor Solutions team, Molly serves as Co-Head of Community at Slate, overseeing volunteerism and charitable giving, chairing Slate’s EmpoWRE network, and directing corporate sponsorships. She also serves as Co-Chair of the New York City chapter of Women in Real Estate (WIRE). Prior to joining Slate, Molly was a Managing Director on the Funds Advisory team at JLL and previously held various roles supporting investor coverage for alternative products and services at Bear Stearns, Houlihan Lokey, and Heller Advisory. Molly graduated from the University of Pennsylvania magna cum laude.

• John Murray, Managing Director – John joined Slate in 2020 and oversees all legal aspects of transaction execution and structuring for Slate’s global investments in addition to serving as a valued legal advisor to Slate’s management team on strategic business and operational matters. John is a highly accomplished lawyer and has played a pivotal role in large and complex transactions across various jurisdictions, managing Slate’s entry into three new markets in 2025. Prior to joining Slate, John was an Associate within the corporate group at McCarthy Tétrault LLP, specializing in mergers and acquisitions, fund formation, securities, and corporate finance. He holds a Bachelor of Commerce degree from the University of Guelph and law degrees (JD) from the University of Windsor and the University of Detroit Mercy.

• Sayed M. Alaali, Managing Director – Sayed is responsible for originating and executing Slate’s investments in Europe, along with Middle Eastern capital raising efforts. Since joining the firm in 2018, he has contributed significantly to the growth of Slate’s European platform. He plays a key role in the management of Slate’s expanding regional team in Europe, is the Portfolio Manager for Slate’s European open-ended core real estate fund, and oversees the expansion of new capital partnerships in the Middle Eastern market. Prior to Slate, Sayed spent six years on the North American real estate investments team at the Canada Pension Plan Investment Board. He holds a Bachelor of Science degree in Actuarial Science and Economics from the University of Toronto.

About Slate Asset Management

Slate Asset Management is a global investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

Contacts

Media
Slate Asset Management

Karolina Kmiecik

karolina@slateam.com

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.07333 per unit for the month of December 2025, representing $0.88 per unit on an annualized basis. The distribution will be payable on January 15, 2026 to unitholders of record on December 31, 2025.

About Primaris Real Estate Investment Trust

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 15.6 million square feet, valued at approximately $5.4 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

For more information:

TSX: PMZ.UN

www.primarisreit.com

www.sedarplus.ca

 

Contacts

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Claire Mahaney

VP, Investor Relations & ESG

647-949-3093

cmahaney@primarisreit.com

Timothy Pire

Chair of the Board

chair@primarisreit.com

– Third Year of Recognition –

NORTH ANDOVER, Mass.–(BUSINESS WIRE)–Watts Water Technologies, Inc. (NYSE: WTS) (“Watts”) – has been named one of the Top Places to Work in Massachusetts by The Boston Globe for the third consecutive year.

Top Places to Work recognizes the most admired workplaces in the state, voted on by the people who know them best — their employees. This distinction is based on employee feedback regarding company direction, execution, management, compensation, benefits, and engagement.

“Our teams’ passion, dedication and strong work ethic are central to our continued success,” said Robert J. Pagano, Jr., CEO, President and Chairperson of the Board. “We remain committed to providing a meaningful employee experience, career development, and competitive benefits, making Watts an employer of choice. Every voice matters and we are honored to be named a Top Place to Work for the third year in a row.”

The rankings in Top Places to Work are based on confidential survey information collected by Energage, an independent company specializing in employee engagement and retention, from nearly 120,000 employees at 314 Massachusetts organizations. Watts team members reporting in to Watts’ Andover and North Andover, MA, USA locations participated in the survey earlier this year.

Chief Human Resources Officer Monica Barry added, “We are grateful to our colleagues who continue to share their feedback about what it means to work for Watts. This recognition reflects our ongoing efforts to foster a positive workplace culture and people-first strategy. Employee feedback helps us to continually enhance the experience for all team members.”

The Top Places to Work issue publishes on Sunday, December 7 in Globe Magazine.

Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions to control the efficiency, safety, and quality of water within commercial, residential, and industrial applications. To learn more about our career opportunities, go to our careers page. For more information, visit www.watts.com.

Contacts

Watts Water Technologies, Inc.

Diane McClintock

Chief Financial Officer

Telephone: 978-689-6153

Email: investorrelations@wattswater.com

WATERLOO, Ontario–(BUSINESS WIRE)–iGUIDE, a leading provider of property documentation technology, is proud to announce a new partnership with professional builder, contractor, and HGTV television host Mike Holmes to raise awareness about the critical role accurate property data plays in improving outcomes for builders, inspectors, designers, and homeowners.

Holmes is known for his commitment to quality, transparency, and “making it right.” For decades, he has shown that many construction issues stem from bad or incomplete information—missing photos, inaccurate measurements, and undocumented changes that lead to costly surprises.

Miscommunication drives roughly 26% of all construction rework, while bad or inaccurate data fuels another 14-22%.¹ It adds up fast. Rework remains one of the industry’s most costly and persistent issues, regularly eating 5–10% of total project spend, and in many cases, far more.²

iGUIDE delivers a multi-faceted solution to this industry-wide challenge with its proprietary PLANIX R1 camera system and project deliverables. The PLANIX R1 combines a 360° camera with LiDAR (Light Detection and Ranging) measurements to capture thousands of measurements and 360° panoramic images in minutes, producing a complete and verifiable dataset. From this dataset, it generates floor plans, immersive 3D walkthroughs, CAD-ready outputs and rich property data.

iGUIDE provided Mike Holmes with a PLANIX camera system to share his opinion on the technology. Since then, the Holmes team has relied on it for complex renovation projects.

“You can’t make it right without accurate data,” Holmes said. “I’ve talked for years about building better and building smarter. Technology just caught up. Now builders, inspectors, and homeowners have a tool that measures, documents, and photographs all at once with iGUIDE’s incredible level of precision. I can honestly say this is an amazing product. It blew my mind – it’s easy to use, easy to learn, and my team and trade partners love the results.”

Additionally, it improves homeowner confidence with verifiable data about projects. When builders use iGUIDE to document every stage of a project, clients have a clear record of their property—from pre-existing conditions to final project close-out.

Reliance on traditional methods, such as manual tape measurements, hand sketches, and rough estimates, can result in inaccurate data that leads to cost overruns and rework. iGUIDE eliminates these risks by providing:

• Highly accurate, LiDAR-based measurements
• High-resolution 360° imagery
• Immersive 3D walkthroughs
• CAD-ready exports (DWG & RVT)
• Quick delivery—within 48–72 hours

Recently, the Holmes team used the iGUIDE to document a cottage renovation and were impressed by the fast capture workflow and the quality of the deliverables. The system is now supporting them across the full lifecycle of the project, from initial documentation to ongoing progress tracking.

“Since we’ve started using iGUIDE it has saved the Holmes team multiple hours in the renovation process,” says Mike Holmes.

Through this partnership, iGUIDE joins the Holmes Approved Products family, a program designed to help consumers and professionals choose products that support quality, safety, and long-term durability.

“Whether you’re documenting pre-drywall plumbing and wiring, settling square footage disputes, or creating a homeowner handoff package, iGUIDE gives you one complete, accurate dataset for everything,” said Skylar Lawrence-LeBel, VP, Marketing and Customer Experience at iGUIDE. “Mike’s commitment to quality aligns with our mission perfectly, and we’re thrilled to partner with him.”

About iGUIDE

iGUIDE is an end-to-end property data solution that helps construction, inspection and design professionals work faster and smarter. Powered by the PLANIX R1 camera system, iGUIDE delivers accurate floor plans, immersive 3D walkthroughs, high-resolution images and CAD-ready outputs from a single, efficient site scan. Developed proudly in Canada, iGUIDE helps professionals reduce errors, eliminate unnecessary site visits and ensure every project starts with reliable, trusted data. Learn more at www.goiguide.com.

About Mike Holmes

Mike Holmes is a professional contractor and the host and creator of the hit TV series Holmes on Homes, Holmes Makes It Right, Holmes Inspection, Holmes Family Rescue and Holmes on Homes: Building a Legacy. Recognized as one of the most trusted names in North America, Holmes has built his career advocating for quality construction, consumer education and safer building practices. More information is available at www.makeitright.ca.

¹ https://pg.plangrid.com/rs/572-JSV-775/images/Construction_Disconnected.pdf

² https://planradar-website.s3.amazonaws.com/production/uploads/2025/10/PlanRadar-Survey-The-Cost-of-Rework-in-Global-Construction.pdf

Contacts

Planitar Inc. Media Contact

Skylar Lawrence-LeBel

647-455-0585

skylar@planitar.com

ROSEMONT, Ill.–(BUSINESS WIRE)–Astro Shapes, a leading manufacturer of custom aluminum extrusions, and a portfolio company of Wynnchurch Capital, L.P. (“Wynnchurch”), today announced the appointment of Carol Jackson as Chief Executive Officer.

Ms. Jackson brings extensive executive experience and a proven track record of driving growth and operational excellence. She previously served as President, Chairman, and CEO of HarbisonWalker International (HWI), now part of Calderys. Prior to joining HWI in 2014, she was Vice President of the bar, wire, and strip business units at Carpenter Technology Corporation (NYSE: CRS). Earlier in her career, she spent over 12 years at PPG Industries (NYSE: PPG), where she held numerous leadership positions across sales, strategy, and business unit management, culminating in her role leading PPG’s global raw materials procurement organization.

In addition to her executive leadership, Ms. Jackson currently serves on the Board of Directors of AZZ Inc. (NYSE: AZZ), where she is Chair of the Nominating and Governance Committee and a member of the Compensation Committee. She also serves on the Board of Directors of Sensient Technologies Corporation (NYSE: SXT), contributing as a member of the Audit Committee and the Nominating and Governance Committee.

A licensed attorney in Pennsylvania, Ms. Jackson holds a Juris Doctor from the University of Pittsburgh, a Master’s degree from Carnegie Mellon University’s Tepper School of Business, and a Bachelor’s degree from Duquesne University. An active community leader, she is an alumna and former board member of Junior Achievement of Western Pennsylvania, where she chaired the organization’s BizTown Capital Campaign.

“We are excited to welcome Carol to Astro Shapes,” said Carl Howe, Managing Director at Wynnchurch Capital. “Her leadership experience and strategic insight make her uniquely qualified to guide Astro Shapes as we continue to execute our growth initiatives and build upon the company’s strong legacy of quality and customer commitment.”

About Astro Shapes:

Founded in 1971 and headquartered in Struthers, Ohio, Astro Shapes is a leading manufacturer of custom aluminum extrusions serving customers across the Midwest and Northeast United States. Astro’s products are essential components in residential and commercial building products, recreational vehicles, and various industrial applications. For more information, please visit www.astroshapes.com.

About Wynnchurch Capital:

Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement.

Wynnchurch manages a number of private equity funds with $8.6 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. Recently, Wynnchurch acquired Charter Industries, a leading provider of edgebanding and complementary products. Other recent investments include: Astro Shapes, a leading manufacturer of custom aluminum extrusions; Principal Industries, a leading provider of LED components and engineered assemblies; and ORS Nasco, North America’s largest pure wholesaler of industrial MRO supplies. For more information, please visit: http://www.wynnchurch.com or follow us on LinkedIn.

Contacts

For new investment opportunities, please contact:
Mike Teplitsky

Partner

mteplitsky@wynnchurch.com

Scott Fitch

Partner

sfitch@wynnchurch.com

TORONTO–(BUSINESS WIRE)–RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the completion of a comprehensive request for proposal (“RFP”) process for external audit services. Following this process, RioCan’s Board of Trustees has approved the appointment of PricewaterhouseCoopers LLP (“PwC”) as the Trust’s external auditor for fiscal 2026. Ernst & Young LLP (“EY”) will continue in its role as external auditor through the financial year ending December 31, 2025.

In alignment with RioCan’s commitment to strong governance and oversight, the Audit Committee initiated the RFP in recognition of EY’s long tenure as the Trust’s external auditor. After a thorough evaluation, the Board of Trustees, on the recommendation of the Audit Committee, selected PwC based on its depth of expertise, qualifications, and independence. RioCan extends its sincere appreciation to EY for its nearly 20 years of service, during which it has provided valuable insight and professional stewardship.

At the Trust’s request, EY will resign as external auditor effective on the first business day following the filing of the Trust’s audited consolidated financial statements for the year ending December 31, 2025 and EY’s auditor’s report thereon. PwC will be appointed the same day to fill the resulting vacancy and will serve until the Trust’s 2026 annual meeting of unitholders. At that meeting, RioCan intends to propose PwC’s appointment as external auditor for the ensuing year.

About RioCan

RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based and mixed-use properties in densely populated communities. As at September 30, 2025, our portfolio is comprised of 173 properties with an aggregate net leasable area of approximately 32 million square feet (at RioCan’s interest). To learn more about us, please visit www.riocan.com.

Contacts

Contact Information
Investor Relations Inquiries

Email: ir@riocan.com

Media Inquiries

Email: media@riocan.com

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) or (the “Trust”) and DREAM OFFICE REIT (TSX: D.UN) or (“Dream Office”) are pleased to announce the appointment of Mr. Gord Wadley as the Trust’s Chief Operating Officer effective January 1, 2026. In his new role with the Trust, Mr. Wadley will be responsible for all aspects of portfolio operations including property management and leasing.

Mr. Wadley is currently the Chief Operating Officer of Dream Office REIT. He joined the company in 2011 and has held progressively senior positions including Vice President, Leasing and Senior Vice President, Commercial Properties. Prior to joining Dream Office, Mr. Wadley worked in commercial brokerage for CB Richard Ellis providing commercial representation to corporate clients both domestic and international. Mr. Wadley earned a degree from Acadia University and earned his MBA in Real Estate Leadership from the University of Fredericton, New Brunswick.

“We are excited to have Gord Wadley join the Dream Industrial team as Chief Operating Officer,” said Alexander Sannikov, President and Chief Executive Officer of Dream Industrial REIT. “Gord brings a proven track record of operational excellence, strategic leadership and effective execution over many years at Dream that will further strengthen our robust operating platform across our key markets. As we continue to grow our platform and portfolio, Gord’s experience and insight will be instrumental in driving efficiencies and delivering value to our shareholders, employees and customers.”

“On behalf of Dream Office REIT, I want to express our deep gratitude to Gord for fifteen years of exceptional leadership and commitment,” said Michael Cooper, Chairman and Chief Executive Officer of Dream Office REIT. “Gord played an instrumental role in shaping our strategy, strengthening our operations, and building trusted relationships that have been central to our success. We are pleased to see Gord assume a great growth opportunity within the Dream Group so that he can continue taking on increasing contributions to the organization and provide seamless transition for Dream Office to the many talented leaders ready to take on more responsibility.”

About Dream Industrial REIT

Dream Industrial REIT is an owner, manager and operator of a global portfolio of well-located, diversified industrial properties. As at September 30, 2025, the REIT has an interest in and manages a portfolio which comprises 340 industrial assets (552 buildings) totalling approximately 73.2 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. The REIT’s objective is to deliver strong total returns to its unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by its high-quality portfolio and an investment grade balance sheet. Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. For more information, please visit www.dreamindustrialreit.ca.

About Dream Office REIT

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns a carefully curated portfolio of office properties totalling approximately 4.8 million square feet, predominantly in well located, central business locations within downtown Toronto. For more information, please visit www.dreamofficereit.ca.

Contacts

Dream Industrial REIT

Alexander Sannikov

President and Chief Executive Officer

(416) 365-4106

asannikov@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Dream Office REIT

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

Where Design Meets Durability, Flooring Built For Real-World Performance

VANCOUVER, British Columbia–(BUSINESS WIRE)–Metropolitan Floors is welcoming the season with the launch of its Foundations of Fall collection, celebrating flooring that combines style, durability, and warmth. Designed to transform spaces into cosy, functional havens, Metropolitan Floors’ collection provides the perfect foundation for fall, from crisp mornings to festive evenings, and everything in between.

“Flooring is one of the most impactful design choices you can make in a home. It’s the foundation that everything else builds upon—the backdrop to your furniture, art, and daily life,” said Karin Bennett, Principal Designer at Karin Bennett Designs. “Metropolitan Floors offers a range of tones and finishes that make it easy to set the perfect foundation for any design style.”

Where Function Meets Warmth

Whether hosting holiday gatherings, preparing family dinners, or simply nesting, Metropolitan Floors’ products combine everyday functionality with timeless style. Thoughtfully crafted to withstand foot traffic, spills, and real-life wear, each collection provides a versatile backdrop that complements fall décor, textures, and tones, creating spaces that are warm, inviting, and enduring.

“I always encourage clients to choose flooring that feels timeless rather than trendy. Design should evolve, but your floors should stand the test of time in both durability and aesthetic,” added Bennett. “Metropolitan Floors’ collections are thoughtfully crafted to age beautifully, allowing a home’s story to unfold gracefully over the years.”

Featured Fall Collection

Metropolitan Floors showcases a curated selection of collections designed to combine timeless style with everyday functionality.

• Kentwood, Hickory Hometown – Rooted in authenticity. The Hickory Hometown collection features distinctive grain and natural variation that bring depth and originality to every space. Its warm, grounded hues pair effortlessly with the textures and tones of fall — from woven throws to weathered woods and soft ambient light. Crafted from genuine hardwood, it offers a foundation that feels familiar, timeless, and deeply inviting.
• Evoke, Summit – Style that supports everyday life. Summit delivers the approachable, natural wood look you love — with resilience built in. Comfortable underfoot and easy to maintain, it’s made for homes where people live, gather, and move. Its versatile tones create a welcoming base that works across styles, from relaxed to refined.
• Evoke, Astoria – Softly modern and endlessly versatile. Astoria brings gentle wood grain patterns and balanced, contemporary tones that adapt beautifully to the season. Warm, calm, and cohesive, it creates a backdrop that supports the way you live — evolving naturally through décor, cycles, and gatherings. Designed for real-life durability with a look that always feels considered.

Design Leadership and Industry Trust

Metropolitan Floors continues to reinforce its reputation as a leader in quality, innovation, and design, trusted across multiple sectors. Collaborations with celebrity design duo Colin & Justin bring star appeal while highlighting expertise in home renovation and design. The brand’s cross-sector versatility is evident in installations across hospitality (Asher Adams Hotel), financial services (Scotiabank), and residential developments, showcasing both flexibility and reliability.

“As designers, we’re not just creating beautiful spaces, we’re curating experiences. The look, feel, and even sound of a room change depending on the flooring beneath you. Metropolitan Floors captures that authenticity with its natural hardwood collections, bringing warmth and a sense of connection to every home,” said Bennett.

Projects spanning Salt Lake City, Toronto, and cottage country further highlight Metropolitan’s expanding geographic reach and operational capacity. By combining thoughtful design, durability, and expansive industry experience, the Foundations of Fall collection reinforces Metropolitan Floors’ commitment to providing products that support life, style, and connection all year long.

View the Foundations of Fall collection here and order samples by visiting metrofloors.com.

About Metropolitan Hardwood Floors Inc.

Metropolitan Floors is a manufacturer and distributor of premium Kentwood-engineered hardwood and Evoke luxury vinyl, laminate, rigid core, and Surge® flooring. Founded as a hardwood flooring retailer in 1992, the company has grown to become a leading manufacturer and distributor of specialty flooring products and an end-to-end flooring solution provider. Metropolitan services Canada and the US from its North American design studios, warehouses, and distribution centers. Visit metrofloors.com for more information.

Contacts

For further information or interview requests please contact:

Marissa Themeles, Account Manager

ELEVATOR COMMUNICATIONS INC.

Marissa@elevatorinc.com
416-258-7595