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Hope Street Reports Residential Rental Rates in Alberta Continue to Rise

April 13, 2023 By Business Wire

CALGARY, Alberta–(BUSINESS WIRE)–#albertarealestate–Hope Street Real Estate Corporation, an industry leading tenancy management firm specializing in residential rental management releases Spring 2023 report on Alberta’s private rental markets showing further increases in residential rental rates throughout the province, and further decreases in residential vacancy rates.


Edmonton area private Landlords observed the greatest gain with an average increase of 26% in asking prices for rental homes over the past 6 months. The average rental rate, blended for all types of advertised homes and condos in the metro Edmonton region, was $1764 per month at the March 2023 dataset. This amount represents a 26% rise over the past 6 months as the average rental rate in September of 2022 was $1326.

Similarly, Calgary area rental homes have seen moderate price appreciation with the average rental rate, blended for all types of advertised rental homes and condos, reaching $2210 per month at the March 2023 dataset. This amount represents a 18% rise in the past 6 months as the average rental rate in September of 2022 was $1812.

Calgary and Edmonton’s rental vacancy rates also edged down during the sample period to 2.1% in Edmonton and 1.1% in the greater Calgary area.

According to Shamon Kureshi, Hope Street’s CEO and the report’s lead author,

“…Rental rates in Alberta continue to rise, largely due to an increase in demand from inward provincial migration and increasingly strict mortgage lending rules.”

Hope Street Real Estate Corporation is an industry leading team of property management professionals serving the Edmonton, Calgary, and Vancouver markets. Hope Street has about 50 team members and directly manages the tenancies of nearly 3600 people in Alberta’s major centers or surrounding communities.

Contacts

For media inquiries or further comment on this release:

Shamon Kureshi, President & CEO

Hope Street Real Estate Corporation

24/7 mobile: 403-462-6200

shamon@HopeStreet.ca

CLARKE INC. REMINDS DEBENTUREHOLDERS OF UPCOMING CHANGE IN DEBENTURE INTEREST RATE

April 12, 2023 By NewsWire Tagged With: TSX:CKI

HALIFAX, NS, April 12, 2023 /CNW/ – Clarke Inc. (TSX: CKI) (TSX: CKI.DB) (“Clarke” or the “Company“) reminds debentureholders that the interest rate on its Series B convertible unsecured debentures due January 1, 2028 (the “Debentures“) will change from 6.25% to 5.50% from and including April 30, 2023. The amendment to the interest rate was approved… [Read More]

Automotive Properties REIT First Quarter 2023 Financial Results Release Date, Conference Call and Webcast

April 12, 2023 By NewsWire Tagged With: TSX:APR.UN

TORONTO, April 12, 2023 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) will release its 2023 first quarter financial results after market close on Thursday, May 11, 2023. Milton Lamb, Chief Executive Officer, and Andrew Kalra, Chief Financial Officer, will host a conference call for analysts and investors on Friday, May… [Read More]

True North Commercial REIT Continues Unitholder Value Initiatives with Suspension of Distribution Reinvestment Plan and Announcement of a Normal Course Issuer Bid and Timing of Q1-2023 Results

April 12, 2023 By NewsWire Tagged With: TSX:TNT.UN

Chief Executive Officer Acquires 1,606,000 million Trust Units to Increase Ownership to 9.9% and Insiders Acquire an Additional 374,925 Trust Units to Collectively Increase Ownership to 11.4% /NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ “This news release constitutes a “designated news release” for the purposes of the REIT’s prospectus supplement dated April 21,… [Read More]

Colliers acquires New Zealand’s leading project manager

April 12, 2023 By Globenewswire Tagged With: TSX:CIGI

Adds scale and strengthens capabilities in region TORONTO and AUCKLAND, New Zealand, April 12, 2023 (GLOBE NEWSWIRE) — Global diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) announced today it has acquired a controlling interest in Greenstone Group Ltd. (“Greenstone”), a leading project management and property advisory firm in New Zealand. The… [Read More]

e-Emphasys Named to Financial Times’ List of Fastest-Growing Companies in the Americas

April 12, 2023 By Business Wire

Enterprise software provider continues to be recognized for its operational performance

CARY, N.C.–(BUSINESS WIRE)–e-Emphasys Technologies Inc., a global enterprise software provider for the industrial machinery and equipment industry, today announced it was named to the prestigious Financial Times’ annual ranking of the Americas’ Fastest-Growing Companies 2023.

The fourth annual ranking showcases the top 500 companies in the Americas that have achieved the highest compound annual growth in revenues between 2018 and 2021. This is the first time e-Emphasys has been included on this esteemed list, ranking as No. 433.

“We’re thrilled e-Emphasys has been recognized by Financial Times as one of the America’s fastest-growing companies in 2023,” said Jeff Hart, president of e-Emphasys. “Our growth mirrors the digital ambitions of our equipment dealers and rental company clients globally, and we will continue to innovate to provide all our clients with the software solutions they need to successfully operate and grow their businesses in service to their clients. Technology doesn’t stand still, and neither will we.”

e-Emphasys’ placement on this Financial Times’ list comes amid a steady period of organizational growth, also noted by regional business media. The company was recognized as a 2022 Triangle Business Journal Fast 50 winner and 2022 North Carolina Mid-Market Fast 40 winner.

About e-Emphasys Technologies

e-Emphasys Technologies Inc. is a global enterprise software provider for the industrial machinery and equipment (IM&E) industry. The company’s fully integrated dealer management platform supports every role within dealerships and rental companies across such sectors as agriculture, construction, forestry, heavy trucking, material handling and mining. In addition to the core ERP platform, the company’s suite of solutions includes CRM, business intelligence, mobile field service, inspection and e-commerce customer portal applications plus RFID, artificial intelligence, IoT and telematics. With this unified view of all enterprise data, e-Emphasys’ clients increase operational efficiency, customer satisfaction and profitability. For more information, visit www.e-emphasys.com or follow us on LinkedIn.

Contacts

Lisa Williams

press@e-emhasys.com
+1 339. 788. 0067

First Capital REIT Announces Election of Trustees

April 11, 2023 By NewsWire Tagged With: TSX:FCR.UN

TORONTO, April 11, 2023 /CNW/ –  First Capital REIT (“First Capital”) (TSX: FCR.UN) announced today the results of the election of trustees at its annual meeting of unitholders held on April 11, 2023 (the “Meeting”). The total number of trust units represented by unitholders present or by proxy at the Meeting was 164,328,086, representing 76.94%… [Read More]

CROMBIE REIT FISCAL 2022 ANNUAL GENERAL MEETING and Q1 FISCAL 2023 CONFERENCE CALL

April 11, 2023 By NewsWire Tagged With: TSX:CRR.UN

NEW GLASGOW, NS, April 11, 2023 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) will hold its Annual General Meeting of Unitholders on Thursday, May 11, 2023 at Cineplex Cinemas, 612 East River Road, New Glasgow, Nova Scotia. The meeting is scheduled to begin at 10:00 a.m. (EDT). Webcast of AGM The Annual… [Read More]

BTB REIT Will Publish Its First Quarter 2023 Financial Results Monday May 8th, 2023

April 11, 2023 By NewsWire Tagged With: TSX:BTB.UN

MONTRÉAL, April 11, 2023 /CNW/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“, the “REIT” or the “Trust“) announces today that it will release its financial results for the first quarter 2023 (Q1 2023), on Monday May 8th, 2022, after the closing of the Toronto stock market. Management will hold a conference call on Tuesday… [Read More]

First Capital REIT continues to execute Portfolio Optimization Plan with $184 Million of Dispositions

April 11, 2023 By NewsWire Tagged With: TSX:FCR.UN

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, April 11, 2023 /CNW/ – First Capital REIT (“First Capital”, “FCR” or the “REIT”) (TSX: FCR.UN) announced today that it has entered into firm agreements to sell four properties including, (i) the Hazelton Hotel, together with its 50% interest in… [Read More]

George Weston Limited Announces Timing of First Quarter Earnings Release and Annual Meeting of Shareholders

April 11, 2023 By NewsWire Tagged With: TSX:WN

TORONTO, April 11, 2023 /CNW/ – George Weston Limited (TSX: WN) will be announcing its 2023 First Quarter Results on May 9, 2023 at 7:00AM (EDT). The Annual Meeting of Shareholders will be held on May 9, 2023, at 11:00AM (EDT), at The Royal Conservatory, TELUS Centre for Performance and Learning, Koerner Hall, 273 Bloor… [Read More]

Balance and optimism driving Quebecers’ home buying mindset: RBC Poll

April 11, 2023 By NewsWire Tagged With: TSX:RY

Quebecers least likely to worry about buying or affording a home over the next year 35% expect to pay less for a home now than they would have a year ago TORONTO, April 11, 2023 /CNW/ – Quebecers are less worried about the costs of home ownership and are least likely to compromise their lifestyle or… [Read More]

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