HALIFAX, NS, Feb. 21, 2023 /CNW/ – (TSXV: NXLV) â NexLiving Communities Inc. (“NexLiving” or the “Company”) announced today that its anticipated acquisition of a 100% interest in Northpoint Management Inc. from Sheaco Holdings Inc. is on track to close on or before February 28, 2023. Northpoint’s key assets are two newly built multi-family buildings comprising… [Read More]
SmartCentres Declares Distribution for February 2023
TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of January 2023 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on March… [Read More]
Slate Grocery REIT Posts Q4 2022 Earnings Call Transcript and Investor Update
TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Q4 2022 earnings call transcript and investor update are now available on the REIT’s website and can be accessed by visiting the following links:
About Slate Grocery REIT (TSX: SGR.U / SGR.UN)
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.
About Slate Asset Management
Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus, and debt investments. 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.
Forward-Looking Statements
Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.
Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.
SGR-FR
Contacts
For Further Information
Investor Relations
+1 416 644 4264
ir@slateam.com
Fluor Selected for Agilent Life Sciences Facility Expansion in Colorado
IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that its Advanced Technologies & Life Sciences business was selected by Agilent Technologies, Inc., to expand its oligonucleotide therapeutics manufacturing facility in Frederick, Colorado, just north of Denver. Fluor is supporting engineering and procurement as part of the project. The total project value is $725 million.
“Speed to market is essential in the pharmaceutical industry,” said Juan Hernández, president of Fluor’s Advanced Technologies & Life Sciences business. “We will incorporate state-of-the-art engineering enhancements such as advanced automation, water reduction strategies and solvent capturing to optimize cost and construction. This enables us to fast-track the project so that Agilent can meet its global customers’ needs by getting products to market faster.”
Fluor is providing architectural and engineering services and procuring equipment for the new 275,000 square-foot manufacturing facility that will house two manufacturing lines to double manufacturing capability. The completed facility will provide for the synthesis, purification and lyophilization of Agilent’s custom nucleic acids therapeutics, also known as oligonucleotides or oligos.
Oligos are short deoxyribonucleic acid (DNA) and ribonucleic acid (RNA) molecules that serve as the active pharmaceutical ingredients for drugs targeting a growing number of diseases, including cancer, cardiovascular disease, and rare and infectious diseases.
Construction is underway with completion expected by 2026.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 41,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $12.4 billion in 2021 and is ranked 259 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 110 years. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube.
#atls
Contacts
Brian Mershon
Media Relations
469.398.7621
Jason Landkamer
Investor Relations
469.398.7222
Timbercreek Financial Declares February 2023 Dividend
TORONTO, Feb. 17, 2023 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on March 15, 2023 to holders of Common Shares of record on February 28, 2023. The Company also offers… [Read More]
Plaza Retail REIT Announces February 2023 Distribution
FREDERICTON, NB, Feb. 17, 2023 /CNW/ – Plaza Retail REIT (“Plaza”) (TSX: PLZ.UN) today announced its February 2023 monthly distribution in the amount of $0.02333 per unit ($0.28 annualized). The February distribution will be payable on March 15, 2023 to unitholders of record as at February 28, 2023. ABOUT PLAZA Plaza is an open-ended real… [Read More]
GIC AND DREAM INDUSTRIAL REIT COMPLETE ACQUISITION OF SUMMIT INDUSTRIAL INCOME REIT
TORONTO and SINGAPORE, Feb. 17, 2023 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN), GIC and Dream Industrial REIT (“DIR”) (TSX: DIR.UN) today announced the closing of the previously-announced transaction pursuant to which a joint venture (the “Joint Venture”) between GIC and DIR acquired Summit in an all-cash transaction valued at C$5.9… [Read More]
FLAGSHIP COMMUNITIES REAL ESTATE INVESTMENT TRUST ADDS ANOTHER INDIANA COMMUNITY TO ITS PORTFOLIO
/Not for distribution to U.S. newswire services or dissemination in the United States/ TORONTO, Feb. 17, 2023 /CNW/ – Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U) announced today it has agreed to acquire a 20-acre, high-quality manufactured housing resort community (“MHC”) in Austin, Indiana, further expanding the REIT’s presence in… [Read More]
Dream Residential REIT Announces February 2023 Monthly Distribution
TORONTO–(BUSINESS WIRE)–DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U) (“Dream Residential REIT” or the “REIT”) today announced its February 2023 monthly distribution in the amount of US$0.035 per unit (US$0.42 annualized). The February distribution will be payable on March 15, 2023 to unitholders of record as at February 28, 2023.
About Dream Residential REIT
Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns an initial portfolio of 16 garden-style multi-residential properties, consisting of 3,432 units primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.
Contacts
Dream Residential REIT
P. Jane Gavan
Chief Executive Officer
(416) 365-6572
jgavan@dream.ca
Derrick Lau
Chief Financial Officer
(416) 365-2364
dlau@dream.ca
Scott Schoeman
Chief Operating Officer
(303) 519-3020
sschoeman@dream.ca
KILLAM APARTMENT REIT ANNOUNCES STRONG Q4-2022 AND 2022 OPERATING PERFORMANCE AND FINANCIAL RESULTS
HALIFAX, NS, Feb. 16, 2023 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) (“Killam”) is pleased to report its results for the fourth quarter and year ended December 31, 2022. “Killam achieved strong operating and financial performance for the 2022 year,” noted Philip Fraser, President and CEO. “The unprecedented demand for apartments, growing interest in seasonal… [Read More]
PROREIT ANNOUNCES FEBRUARY 2023 DISTRIBUTION
MONTREAL, Feb. 16, 2023 /CNW/ – PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSX: PRV.UN) announced today that a cash distribution of $0.0375 per trust unit of the REIT for the month of February 2023 will be payable on March 15, 2023 to unitholders of record as at February 28, 2023. About PROREIT… [Read More]
Killam Apartment REIT Announces February 2023 Distribution
HALIFAX, NS, Feb. 16, 2023 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its February 2023 monthly distribution. The distribution of $0.05833 per unit will be paid on March 15, 2023, to unitholders of record on February 28, 2023. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may reinvest… [Read More]
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