Not for distribution to U.S. News Wire Services or dissemination in the United States.

TORONTO–(BUSINESS WIRE)–#valueforgenerations–Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of February, 2023 of $0.061667 per trust unit, representing $0.74 per trust unit on an annualized basis, payable on March 15, 2023 to Unitholders of record at the close of business on February 28, 2023.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. 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.sedar.com.

Contacts

Mario Barrafato

Chief Financial Officer

Choice Properties REIT

(416) 628-7872

Mario.Barrafato@choicereit.ca

Neolith showcases latest innovations in sintered stone through stunning apartment-themed booth at KBIS 2023

• Neolith presented its four new models which combine innovation and sustainability, design and art highlighting, above all, the Iconic Design technology.
• During the three-day show, the brand welcomed more than 50,000 people at its booth, immersing them into the latest trends in the design, fashion and beauty of interior and exterior living spaces and environments.
• Neolith’s “touch.feel.live” philosophy came alive, allowing visitors to feel inspired and enjoy extraordinary experiences created by the brand.

MADRID–(BUSINESS WIRE)–Please replace the release dated February 7, 2023, with the following corrected version due to multiple revisions.

The updated release reads: 

NEOLITH BECAME ONE OF THE MOST VISITED BRANDS AT KBIS, WHERE MORE THAN 50,000 PEOPLE CAME TO SEE FIRST-HAND ITS MOST SUSTAINABLE INNOVATIONS AND CUTTING-EDGE DESIGNS

Neolith showcases latest innovations in sintered stone through stunning apartment-themed booth at KBIS 2023

• Neolith presented its four new models which combine innovation and sustainability, design and art highlighting, above all, the Iconic Design technology.
• During the three-day show, the brand welcomed more than 50,000 people at its booth, immersing them into the latest trends in the design, fashion and beauty of interior and exterior living spaces and environments.
• Neolith’s “touch.feel.live” philosophy came alive, allowing visitors to feel inspired and enjoy extraordinary experiences created by the brand.

Neolith, the world leader in the sintered stone industry, dazzled crowds at KBIS 2023, the largest kitchen and bathroom tradeshow in the world, held January 31 to February 2 in Las Vegas, thanks to its assortment of sustainable innovations and avant-garde designs.

Neolith presented four new designs – Everest Sunrise, Cappadocia Sunset, Neolith Victoria and La Piasentina – featuring the latest technology and art in sustainable décor.

The Everest Sunrise model represents a flawless and perfectly balanced quartzite, specifically designed to illuminate any space at home, while Cappadocia Sunset evokes the textures, movement and dynamism of a Turkish landscape, without compromising elegance, neutrality in the color and balance expected in Neolith surfaces.

The Neolith Victoria and La Piasentina models, from the Neolith Iconic Design series, are part of new product line which represents the long-awaited breakthrough of the decade, expected to set all new standards in the sintered stone industry. Under three main pillars, design, innovation and sustainability, these avant-garde surfaces respond to one of the great market demands, creating endless design opportunities in a multitude of applications.

“KBIS was the perfect time and place to present our new product innovation”, says José Luis Ramón, CEO of the Neolith Group, who has travelled to the city to attend the event. “I have had the pleasure of being part of a memorable journey at KBIS, where we have welcomed thousands of architects, designers and consumers who are inspired by our brand. Unveiling our latest products and technologies while transmitting that “touch, feel, live” brand experience to people is something very exciting to witness. It has proven once again, that being constantly at the forefront is critical to our ongoing success.”

The booth not only stood out for its attractive staging, but also served as a showcase for the brand’s philosophy, represented under its “touch.feel.live” mantra, which accompanied attendees throughout the visitor journey including the annual VIP party which hosted a series of emotion-evoking activations.

Neolith’s participation in KBIS comes after a record year in 2022, which saw the largest expansion of Neolith in the North American territory.

“It has been a true honor to welcome so many end users, industry professionals and brand lovers from all over North America to the show”, said Meir Levy – VP of West Coast for Neolith North America.

“Listening to our channel partners – hearing from them – is a gift that drives our desire to fuel their passion for our collective work. 2023 is going to be another memorable year for us, having closed our best year to date, which will serve to improve as we continue to inspire the creation of unique spaces with Neolith,” said James Amendola, VP of East Coast and Canada at Neolith North America.

About Neolith

Fully believing in the idea that “the best thing about creating something is living it”, Neolith is the global leader in sintered stone. A pioneering architectural surface with superior technical characteristics made of 100% all-natural raw materials, it can provide indoor and outdoor solutions. All around the world, it has become an essential style element for any kitchen, bathroom, facade, floor and even exclusive designer furnishings.

The virtues of Neolith sintered stone combine next-generation technology featuring impressive no-limits designs through its Iconic Design line and high functionality. All of that, along with Neolith’s sustainable DNA, have led it to becoming one of the most environmentally friendly materials on the planet as it advocates sustainable beauty in all of its collections to inspire new trends in architecture.

The company is currently immersed in an expansion plan aimed at key geographic areas such as North America, Europe, the UK, China and Australia in order to continue contributing to the creation of unique spaces and extraordinary experiences featuring sustainable functional design in the more than 100 countries where it is present through direct distribution as well as an extensive sales and partner network.

Contacts

Tia Giannone,

tia@torchiacom.com
514-999-1732

Launch brings Canadian consumers access to a nationwide, in-depth listing service for rental properties, and provides property managers with new advertising solutions

WASHINGTON–(BUSINESS WIRE)–Apartments.com – a CoStar Group company – today launched its official expansion into the Canadian market. The move marks a significant milestone for apartment searchers in Canada, providing them with a vast array of in-depth listings of rental properties across the country.

This expansion of Apartments.com, the number one rental search platform in the United States, comes at a pivotal point in Canada’s multifamily property market. As the population continues to expand and tight market conditions drive rental increases, Apartments.com provides prospective tenants with the fastest way to research and contact properties. The upgraded renter experience will also help to support property management companies, as renters are given powerful new tools to make informed decisions on which property best meets their specific needs. This means leasing agents don’t waste time chasing poor quality leads or providing important information that could have been obtained much earlier in the search.

Apartments.com provides a new toolset to the Canadian real estate market, including immersive 3D tours of properties and units, comprehensive neighborhood profiles, building ratings and property reviews and architectural photography. Through this toolset, prospective renters can assess the walkability of neighborhoods, search nearby transit information, view listings in both French and English, and search neighboring restaurants, schools, and parks.

Apartments.com already features a large inventory of Canadian properties, and listings are expected to increase dramatically as more property managers are added to the platform. This listing inventory and the data associated with these properties is helping Apartments.com climb to the top of search engine results in key markets, supported by a strong paid search campaign that will also drive prospective renters to the site.

Apartments.com’s deep understanding of the market and in-depth analytics is backed by the industry’s largest professional research team, who shared top-line data about the Canadian market to best illustrate the current market conditions and why the Apartments.com expansion is needed:

• Rental demand has increased forcefully due to surging population growth as the country re-opens its borders from the pandemic, but also rising mortgage rates that are making a new home purchase less appealing and financially viable.
• New rental apartment construction is running at a historical high in Canada, with data showing more than 42,000 units under construction; In fact, Canada is building many more multifamily rentals than the US on a per capita basis.
• A significant number of Canadians are looking for new alluring properties with the annual national rental growth reaching 8.3% in Q4 2022, especially in markets like Toronto and Vancouver.

“Since 2014, Apartments.com has been a trusted, easy-to-use platform for in-depth information about rental properties and we’re excited to debut this digital platform in Canada,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group. “Canada is an important market and we’re excited at the prospect of providing millions of people with better listings, clear search results and a wealth of information to ensure a high-quality experience for all users.”

The launch is made possible through client partnerships with all the leading managers and owners in Canada. Apartments.com is committed to creating a completely national marketplace for renters in Canada and will continue making major marketing and technology investments throughout 2023, providing the most complete picture of available inventory across all types of properties, including multifamily and single-family homes, townhomes, and condos.

About CoStar Group, Inc.

CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. LoopNet is the most heavily trafficked commercial real estate marketplace online. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Homesnap is an industry-leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. Homes.com offers real estate professionals advertising and marketing services for residential properties. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. Business Immo is France’s leading commercial real estate news service. CoStar Group’s websites attract tens of millions of unique monthly visitors. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada, and Asia. From time to time, we plan to utilize our corporate website, CoStarGroup.com, as a channel of distribution for material company information.

About Apartments.com

Apartments.com is the leading online apartment listing website, offering renters access to information on more than 1,000,000 available units for rent. A CoStar Group company, Apartments.com network of sites include Apartments.com, ApartmentFinder.com, ApartmentHomeLiving.com, Apartamentos.com, WestsideRentals.com, ForRent.com, ForRentUniversity.com, After55.com and CorporateHousing.com.

Apartments.com is supported by the industry’s largest professional research team, which has visited and photographed over 500,000 properties nationwide. The team makes over one million calls each month to apartment owners and property managers, collecting and verifying current availabilities, rental rates, pet policies, fees, leasing incentives, concessions, and more. Apartments.com offers more rental listings than any other apartments website, and innovative features including a drawing tool that allows users to define their own search areas on a map, and a “Travel Time” feature that lets users search for rentals in proximity to a specific address. Apartments.com creates easy access to its listings through a responsive website and iOS and Android apps and provides unmatched exposure for its advertisers through an intuitive name, strategic search engine placements and innovative emerging media.

The Apartments.com network reaches millions of renters nationwide, driving both qualified traffic and highly engaged renters to leasing offices.

This news release includes “forward-looking statements” including, without limitation, statements regarding CoStar Group’s expectations, beliefs, intentions or strategies regarding the future. These statements are based upon current beliefs and are subject to many risks and uncertainties that could cause actual results to differ materially from these statements, including the risk that Apartments.com is unable to attract as many additional property managers and listings in Canada to the platform as expected; and the risk that new rental construction, rental demand, or demand for the platform in Canada are not as expected. More information about potential factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, those stated in CoStar Group’s filings from time to time with the Securities and Exchange Commission, including in CoStar’s Annual Report on Form 10-K for the year ended December 31, 2021, and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2022, June 30, 2022, and September 30, 2022, each of which is filed with the SEC, including in the “Risk Factors” section of those filings, as well as CoStar’s other filings with the SEC available at the SEC’s website (www.sec.gov). All forward-looking statements are based on information available to CoStar on the date hereof, and CoStar assumes no obligation to update such statements, whether as a result of new information, future events or otherwise.

Contacts

News Media Contact
Matthew Blocher

CoStar Group

(202) 346-6775

mblocher@costargroup.com

To have your property listed on Apartments.com, please contact:
Jason Montgomery

CoStar Group

(678) 836-5393

jmontgomery@costar.com

TORONTO–(BUSINESS WIRE)–Tricon Residential Inc. (“Tricon” or the “Company”) (NYSE: TCN, TSX: TCN), an owner and operator of a growing portfolio of single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada, invites you to participate in its live conference call with senior management to discuss the Company’s financial results for the fourth quarter of 2022. The call will take place on Thursday, March 2^nd at 11 a.m. ET.

Tricon’s financial statements and management’s discussion and analysis for the fourth quarter and year ended December 31, 2022 will be released prior to the call and will be made available on the Company’s website, on the Canadian Securities Administrators’ website at www.sedar.com and on the U.S. Securities and Exchange Commission website at www.sec.gov. The Company will also release supplementary information which will be available on the Tricon Residential Investor Relations website at www.triconresidential.com.

To access the call, please dial (888) 550-5422 or (646) 960-0676 (Conference ID #3699415). The conference call will be available via webcast on the Tricon Residential Investor Relations website at www.triconresidential.com. A replay of the call will be available from 3pm ET on March 2^nd, 2023, until midnight ET, on April 2^nd, 2023. To access the replay, call (800) 770- 2030 or (647) 362- 9199, followed by Conference ID #3699415.

About Tricon Residential Inc.

Tricon Residential Inc. (NYSE: TCN, TSX: TCN) is an owner and operator of a growing portfolio of more than 36,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life’s potential. For more information, visit www.triconresidential.com.

Contacts

Investors
Wissam Francis

EVP & Chief Financial Officer

Wojtek Nowak

Managing Director, Capital Markets

Email: investorsupport@triconresidential.com