TORONTO, June 09, 2025 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced that it has published its 2024 Environmental, Social and Governance (ESG) Report. In 2024, Allied committed to near- and long- term greenhouse gas (GHG) emissions reduction targets across both its rental and development portfolios, aligned with the Science… [Read More]
RouteThis CEO Jason Moore Wins Fiber Broadband Association’s 2025 “Fiber Under Forty” Award
KITCHENER, Ontario–(BUSINESS WIRE)–RouteThis, a leader in WiFi customer experience (CX) solutions, is proud to announce that Co-Founder and CEO Jason Moore was named the winner of the Fiber Broadband Association’s 2025 Fiber Under Forty Award. The honor was announced during the FBA Awards Luncheon at Fiber Connect 2025 in Nashville, Tennessee.
The Fiber Under Forty award celebrates rising stars who are making significant contributions to the fiber broadband industry early in their careers. Jason Moore was recognized for his visionary leadership and groundbreaking work in reshaping how service providers deliver high-performance WiFi experiences.
“The individuals and organizations recognized this year are driving real progress in our industry,” said Gary Bolton, President and CEO of Fiber Broadband Association. “Their leadership, innovation and commitment to delivering high-performance fiber broadband are not only connecting communities, but also shaping the future of economic opportunity and technological advancement.”
With a background in electrical engineering and over a decade of broadband experience, Moore has led RouteThis in creating a CPE-agnostic platform that helps ISPs improve their quality of install, reduce truck rolls, increase ARPU, and scale support operations efficiently. Most recently, under Moore’s guidance, RouteThis launched a groundbreaking WiFi self-install solution designed to enable ISPs to deliver smarter, more intuitive self-installs – while still ensuring that subscribers get the best WiFi experience from Day One.
Moore is also pioneering the use of AI, WiFi diagnostics, OCR, and AR to make WiFi customer experience more personalized, visual and adaptive – whether it’s an install, repair or support interaction, ultimately helping providers differentiate in a competitive market. His work has been especially impactful as providers expand into more rural and underserved areas, where scaling efficient support and seamless installation while reducing OpEx is critical.
The 2025 Fiber Broadband Association Awards drew nearly 100 submissions and recognized standout individuals and organizations shaping the future of fiber. Moore’s win affirms his place among the most influential voices guiding the next era of broadband innovation.
For more information, visit www.routethis.com
About RouteThis
RouteThis is transforming WiFi customer experience by empowering Service Providers and Smart Home brands to deliver exceptional residential WiFi installation, repair, and support with CPE-agnostic software solutions and remote support platforms. RouteThis has served over 200 companies globally, driving value by reducing average handle times, deploying fewer truck rolls, and increasing average revenue per user. Headquartered in Ontario, Canada, visit RouteThis.com and follow us on LinkedIn to learn more.
Contacts
Media Contact:
Christy Barbaran
Connect2 Communications for RouteThis
RouteThis@connect2comm.com
Melcor Developments Ltd. Announces Normal Course Issuer Bid
EDMONTON, Alberta, June 06, 2025 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative trading systems. The notice provides… [Read More]
Choice Properties Real Estate Investment Trust Schedules Second Quarter 2025 Results Release
TORONTO–(BUSINESS WIRE)–#ChoiceProperties–Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it will be reporting second quarter 2025 results on Thursday, July 17, 2025, after-market hours.
Management will host a conference call the next day on Friday, July 18, 2025 at 10:00 AM (ET) with a simultaneous audio webcast. To access via teleconference please dial 1 (888) 330-2454 or 1 (240) 789-2714 and enter the event passcode: 4788974. The link to the audio webcast will be available on www.choicereit.ca/events-webcasts.
About Choice Properties Real Estate Investment Trust
Choice Properties is a leading Real Estate Investment Trust that creates enduring value through places where people thrive.
We are more than a national owner, operator and developer of high-quality commercial and residential real estate. We believe in creating spaces that enhance how our tenants and communities come together to live, work, and connect. This includes our industry leadership in integrating environmental, social and economic sustainability practices into all aspects of our business. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.
For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedarplus.ca.
Contacts
For more information:
Erin Johnston
Chief Financial Officer
Choice Properties REIT
(647) 294-8724
Erin.Johnston@choicereit.ca
Firm Capital Apartment Reit Announces Results of Annual And Special Meeting
TORONTO, June 05, 2025 (GLOBE NEWSWIRE) — Firm Capital Apartment REIT (the “Trust”), (TSXV: FCA.U), (TSXV: FCA) is pleased to report that at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust. In addition, all other items including the appointment of auditors and… [Read More]
Colliers to partner with leading engineering firm in Ontario
Complements existing footprint and enhances capabilities TORONTO and PETERBOROUGH, ON, June 05, 2025 (GLOBE NEWSWIRE) — Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that its Canadian engineering platform, Englobe Corporation (“Englobe”), has finalized an agreement to acquire Cambium Inc. (“Cambium”), a leading multi-service engineering consulting firm in Ontario…. [Read More]
Colliers completes acquisition of Triovest
TORONTO, June 05, 2025 (GLOBE NEWSWIRE) — Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today it has completed its previously announced acquisition of Triovest Inc. (“Triovest”), a leading Canadian commercial real estate services platform. The acquisition solidifies Colliers’ position as Canada’s largest commercial real estate services firm, employing more… [Read More]
Strategic Storage Trust VI, Inc. Announces Opening of New Self-Storage Facility in Toronto, Ontario
LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), in partnership with SmartCentres (TSX: SRU.UN), is proud to announce the opening of its 14th facility in Canada and its 12th in the Greater Toronto Area, located at 1480 Jane Street in Toronto.
This six-story, climate-controlled facility spans approximately 105,000 net rentable square feet and includes more than 1,200 climate-controlled storage units. Strategically positioned on a 2.67-acre site, the property offers strong visibility along Jane Street, which averages more than 40,000 vehicles daily. The location is equipped with two elevators and sits south of a recently opened FreshCo grocery store and within the heart of Toronto’s Mount Dennis, Brookhaven and Weston neighborhoods.
The new facility is well positioned to serve a densely populated and growing urban area. Within a three-mile radius, demand for convenient, secure storage is rising – driven in part by development plans that call for 2,000 new residential units within five miles of the site.
SmartStop’s newest location will serve the surrounding communities of Maple Leaf, Rockcliffe–Smythe, Richview, Brookhaven–Amesbury, Beechborough–Greenbrook, Glen Park, York and Humber Heights–Westmount.
“Toronto continues to be a key market for us, and this new Jane Street facility strengthens our presence in one of its fastest-growing areas,” said H. Michael Schwartz, Chairman and CEO of SST VI. “We’re committed to meeting the needs of the surrounding communities with secure, high-quality storage, and this location is a great example of how we’re delivering on that promise.”
About Strategic Storage Trust VI, Inc. (SST VI):
SST VI is a Maryland corporation that was elected to qualify as a REIT for federal income tax purposes. SST VI’s primary investment strategy is to invest in income-producing and growth self-storage facilities and related self-storage real estate investments in the United States and Canada. As of June 3, 2025, SST VI has a portfolio of 13 operating properties in the United States comprising approximately 9,015 units and 1,079,395 rentable square feet (including parking); 11 properties with approximately 10,205 units and 1,067,715 rentable square feet (including parking) in Canada, joint venture interests in four operational and one development property in two Canadian provinces (Ontario and Québec) and one wholly owned development property in Ontario.
About SmartStop Self Storage REIT, Inc. (SmartStop):
SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA) is a self-managed REIT with a fully integrated operations team of approximately 600 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs. As of June 3, 2025, SmartStop has an owned or managed portfolio of 222 operating properties in 23 states, the District of Columbia, and Canada, comprising approximately 158,900 units and 17.9 million rentable square feet. SmartStop and its affiliates own or manage 42 operating self-storage properties in Canada, which total approximately 35,700 units and 3.6 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.
Contacts
David Corak
SVP of Corporate Finance & Strategy
SmartStop Self Storage REIT, Inc.
IR@smartstop.com
Colliers partners with global infrastructure investment bank
Complements and enhances sustainability and infrastructure expertise TORONTO and WASHINGTON, D.C., June 04, 2025 (GLOBE NEWSWIRE) — Colliers (NASDAQ, TSX: CIGI), a leading diversified professional services and investment management company, announced today that it has entered into a definitive agreement to acquire a controlling interest in Astris Infrastructure, LLC (“Astris Finance”), a global investment banking… [Read More]
European Residential Real Estate Investment Trust Announces Results of 2025 Annual Meeting
TORONTO, June 04, 2025 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN) (“ERES”) announced today that, at its Annual Meeting of Unitholders held today, each of the items of business referred to in its management information circular dated April 10, 2025 (the “Circular”) were passed by a vote held by ballot. A… [Read More]
RioCan Successfully Transitions the RioCan-HBC Joint Venture into a Receivership Process to Preserve and Maximize the Value of its Assets
TORONTO–(BUSINESS WIRE)–RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced today that a receivership process has been established to protect the interests of RioCan and the other stakeholders in the RioCan-HBC Joint Venture (the “JV”). The receivership proceeding will create a structured process within which RioCan can work with a receiver and other stakeholders to advance and execute solutions for the JV’s properties to benefit the JV and its stakeholders. This includes activities such as dispositions, re-leasing and advancing potential redevelopment opportunities of individual properties. RioCan’s exposure to Hudson’s Bay Company (“HBC”), whether as a limited partner, secured lender or guarantor of certain JV obligations remains unchanged as a result of the receivership proceeding. For further information on the JV, please refer to RioCan’s press release dated March 18, 2025, RioCan Real Estate Investment Trust Provides Update on Hudson’s Bay Company’s CCAA Filing.
The Ontario Superior Court of Justice (Commercial List) has granted RioCan’s application to appoint FTI Consulting Canada Inc. (“FTI” or the “Receiver”) as the receiver over all of the assets and properties of the JV. The JV’s receivership proceeding will be a single proceeding that focuses solely on the JV’s assets, and advanced in parallel with the HBC Companies’ Creditors Arrangement Act (“CCAA”) proceeding.
FTI, as the Receiver, will immediately take steps and actions with respect to the JV and its assets in order to preserve and maximize value for the benefit of RioCan and other JV stakeholders. FTI has extensive experience in restructurings and court-appointed receivership proceedings. FTI will oversee the affairs of the JV specifically, managing the process independently of the HBC CCAA proceeding. Pursuant to the court order appointing the Receiver, the JV’s leasehold and 100% owned properties will benefit from a stay of proceedings to allow the Receiver and its stakeholders sufficient time to take such steps as are necessary to effectively deal with the JV’s assets. The co-owned properties of the JV will continue to be managed by RioCan in the normal course.
About RioCan
RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at March 31, 2025, our portfolio is comprised of 177 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.
Forward-Looking Information
This News Release contains forward-looking information within the meaning of applicable Canadian securities laws. This information reflects RioCan’s objectives, our strategies to achieve those objectives, as well as statements with respect to management’s beliefs, estimates and intentions concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Forward-looking information can generally be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plan”, “continue”, or similar expressions suggesting future outcomes or events. Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. All forward-looking information in this News Release is qualified by these cautionary statements. Forward-looking information is not a guarantee of future events or performance and, by its nature, is based on RioCan’s current estimates and assumptions, which are subject to numerous risks and uncertainties, including those described in the “Risks and Uncertainties” section in RioCan’s MD&A for the three months ended March 31, 2025 and in our most recent Annual Information Form, which could cause actual events or results to differ materially from the forward-looking information contained in this News Release. Although the forward-looking information contained in this News Release is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with this forward-looking information.
The forward-looking statements contained in this News Release are made as of the date hereof, and should not be relied upon as representing RioCan’s views as of any date subsequent to the date of this News Release. Management undertakes no obligation, except as required by applicable law, to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
Contacts
RioCan Real Estate Investment Trust
Investor Relations Inquiries
Email: ir@riocan.com
Media Inquiries
Email: media@riocan.com
CAPREIT Announces Results of 2025 Annual and Special General Meeting
TORONTO, June 03, 2025 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that, at its Annual and Special Meeting of Unitholders held today (the “Meeting”), each of the items of business referred to in its management information circular dated April 10, 2025 (the “Circular”) were passed by a vote… [Read More]
- « Previous Page
- 1
- …
- 8
- 9
- 10
- 11
- 12
- …
- 1144
- Next Page »