TORONTO, Feb. 13, 2023 /CNW/ – First Capital REIT (“First Capital” or the “REIT“) has reaffirmed its commitment to its Enhanced Capital Allocation and Portfolio Optimization Plan (the “Optimization Plan“). The Optimization Plan is designed to unlock value for all unitholders by driving growth in FFO per unit and at the same time strengthening the REIT’s… [Read More]
FLAGSHIP COMMUNITIES REAL ESTATE INVESTMENT TRUST TO HOST CONFERENCE CALL FOR FOURTH QUARTER 2022 RESULTS
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Feb. 13, 2023 /CNW/ – Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX: MHC.UN) (“Flagship” or the “REIT”) today announced that senior management will host a conference call on Friday, March 17, 2023 at 8:30 a.m. ET to discuss the REIT’s… [Read More]
CORRECTING and REPLACING 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.
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
BTB REIT Announces, as Daniel Fournier becomes a new leader at Oxford, his departure from BTB’s Board of Trustees
MONTRÃAL, Feb. 9, 2023 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) announces that Daniel Fournier, a member of the BTB’s Board of Trustees (the “Board”), notified the Board of his decision to resign from his position of Trustee, effective immediately, to become Executive Chairman of Oxford Properties Group…. [Read More]
Colliers Reports Fourth Quarter Results
Strong full year performance driven by high value recurring revenues Fourth quarter and full year operating highlights: Three months ended Twelve months ended December 31 December 31 (in millions of US$, except EPS) 2022 2021 2022 2021 … [Read More]
Apartments.com Expands to Canadian Markets
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
Tricon Announces Date for Fourth Quarter 2022 Results Conference Call
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 2nd 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 2nd, 2023, until midnight ET, on April 2nd, 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
SmartCentres Real Estate Investment Trust Releases Fourth Quarter and Full Year Results for 2022
Operational Shopping centre leasing activity remains strong, with industry-leading occupancy levels of 98% in Q4 2022, representing a 40 basis point increase as compared to the same period 2021 Same Properties NOI(1) for the quarter increased by $5.1 million or 4.0% as compared to Q4 2021, and for the full year increased by $16.5 million… [Read More]
RESAAS Partners with ChatGPT to Revolutionize Real Estate Descriptions using Artificial Intelligence (A.I.)
VANCOUVER, BC, Feb. 8, 2023 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF) (“RESAAS” or the “Company”), a leading provider of technology solutions for the Real Estate Industry, has announced a partnership with OpenAI’s ChatGPT to bring advanced Artificial Intelligence (A.I.) capabilities to Real Estate Agents. This exciting new technology enables Real Estate Agents subscribed… [Read More]
Summit Industrial Income REIT Announces Receipt of Investment Canada Act Approval and Anticipated Closing Date for Arrangement with GIC and Dream Industrial Real Estate Investment Trust
TORONTO, Feb. 7, 2023 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT“) (TSX: SMU.UN) is pleased to announce the receipt of approval under the Investment Canada Act in respect of the previously announced plan of arrangement transaction that was approved by the Ontario Superior Court of Justice (Commercial List) on December 20, 2022… [Read More]
Primaris REIT Announces Distribution for February 2023
TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris REIT”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0683 per unit for the month of February, 2023, representing $0.82 per unit on an annualized basis. The distribution will be payable on March 15, 2023 to unitholders of record on February 28, 2023.
About Primaris REIT
Primaris REIT is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in dominant enclosed shopping centres in growing markets. The portfolio totals 10.9 million square feet and is valued at approximately $3.2 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris REIT 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.
Contacts
For more information:
Alex Avery
Chief Executive Officer
416-642-7837
aavery@primarisreit.com
Rags Davloor
Chief Financial Officer
416-645-3716
rdavloor@primarisreit.com
Tim Pire
Chair of the Board of Trustees
chair@primarisreit.com
TSX: PMZ.UN
www.primarisreit.com
The Pro Preferred Brand of Pneumatic Nailers, Metabo-HPT Canada Proudly Presents the Cordless MultiVolt System of Power Tools Where Versatility Is Key
MISSISSAUGA, Ontario–(BUSINESS WIRE)–#DurabilityFirst–The Pro Preferred Brand of Pneumatic Nailers, Metabo HPT, proudly presents the expansion of the MultiVolt System that finally gives users the added versatility they want in cordless tools! Go with 18V cordless tools and nailers for everyday trade applications using a lightweight 18V battery OR double the runtime and go longer with the universally compatible 18V/36V MultiVolt battery. Go for the most power with Metabo HPT’s 36V cordless tools and nailers. Amp up with the MultiVolt battery or attach the unique AC Adapter (ET36A) for all day runtime in 36V tools, saving battery life, for even more versatility. Whatever way a user wants to go, Metabo HPT is there with one simple system that unites 18V and 36V tools with the long lasting and powerful MultiVolt battery that powers everything cordless. It’s backed by Metabo HPT’s ongoing Lifetime Lithium-Ion tool body warranty* and 2-year Lithium-Ion battery warranty.
The MultiVolt System is available nationwide at Lowe’s, Rona, Reno Depot and select independent dealers. Also available online are more specialty tool options including a Rebar Cutter/Bender, the Industry’s First Cordless Plunge Router, the Industry’s Only 36V Metal Connector Nailer and Duplex Nailer, a Deep Cut Band Saw, 10” Cordless Jobsite Table Saw and much more for professional users.
“It’s amazing to see the evolution of our game changing MultiVolt System that delivers innovation that really matters to the PRO on the jobsite,” said Joe Leffler, CEO, Metabo HPT. “With this full cordless lineup and more versatile tools coming – expect nothing but incredible innovation with durability at its core with this one system that gives end users multiple ways to GO!”
Starting February 7th – February 21st, 2023, Canadians can participate in Metabo HPT’s GO Team Green super-soft t-shirt giveaway. Just visit your local Lowe’s or Réno-Dépôt, find the Metabo HPT cordless tool display, take a selfie in front of the display. If you use Instagram, post the selfie on your page (page must be set to PUBLIC so we can find you), use #GOmetaboHPT and tag @metabohpt_canada. Or on Facebook – post the selfie in the comments section of the Metabo HPT Canada t-shirt giveaway post. That’s it! A Metabo HPT Canada representative will reach out to you on social media for your size and shipping information**. Offer valid in Canada only, while supplies last.
*Some exceptions apply- see full warranty
**Privacy Policy Please allow 8-10 weeks for processing.
Contacts
Matthew Huizenga
Metabo-HPT Canada
519 802 2820
matthewh@metabo-hpt.com
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