TORONTO, Jan. 9, 2023 /CNW/ – First Capital REIT (“First Capital” or the “REIT“) (TSX: FCR.UN) today commented on the litigation initiated by Sandpiper Group and Artis Real Estate Investment Trust (TSX: AX.UN) (together, the “Activist Unitholders“) regarding the timing of First Capital’s annual and special meeting of unitholders (the “Meeting“) to be held on Tuesday,… [Read More]
ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES TIMING OF RELEASE OF 2022 ANNUAL RESULTS AND CONFERENCE CALL
WINNIPEG, MB, Jan. 9, 2023 /CNW/ – Artis Real Estate Investment Trust (“Artis” or the “REIT”) (TSX: AX.UN) announced today that it intends to release its financial results for the year ended December 31, 2022, after the close of the Toronto Stock Exchange on Tuesday, February 28, 2023. A conference call with management will be… [Read More]
Morguard Completes Acquisition of Premier Class A Office Complex in Downtown Ottawa, Ontario
Morguard acquired a 50 percent freehold interest in 215 Slater, built in 2007 to house the Ottawa headquarters for Telus Communications Inc. MISSISSAUGA, ON, Jan. 9, 2023 /CNW/ – Morguard Corporation (TSX: MRC) (“Morguard”) recently acquired a 50 percent interest in a Class A office building located at 215 Slater Street from a Canadian institutional investor…. [Read More]
StorageVault Announces Successful Closing of $150 Million Financing of 5.00% Convertible Senior Unsecured Debentures
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 09, 2023 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that it has completed its previously announced offering of convertible senior unsecured debentures (the “Debentures”) with a syndicate of underwriters led by Scotia Capital… [Read More]
ERES REIT Provides Update on Proposed Mid-Market Regulation in the Netherlands
TORONTO, Jan. 09, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that on December 9, 2022, the Minister of Housing published details regarding the proposed regulation of mid-priced rental homes in the Netherlands and amendments to the Housing Evaluation System, to become effective from January 1,… [Read More]
Tribe Property Technologies Completes Acquisition of Strata Management Assets from Warrington PCI Management
/NOT FOR DISTRIBUTION IN THE U.S. OR TO U.S. NEWSWIRE SERVICES./ VANCOUVER, BC, Jan. 9, 2023 /CNW/ – Tribe Property Technologies Inc. (TSXV: TRBE) (OTCQB: TRPTF) (“Tribe” or the “Company”) is pleased to announce the completion of its acquisition of a portfolio of strata property management assets from Warrington PCI Management (“WPM”). This acquisition (which… [Read More]
Sandpiper Makes Court Application to Put Owners First
VANCOUVER, BC, Jan. 9, 2023 /CNW/ – Sandpiper Group (“Sandpiper”), owning together with its joint actor, Artis Real Estate Investment Trust, approximately 9% of the outstanding units of First Capital Real Estate Investment Trust (“First Capital”, “FCR” or the “REIT”) (TSX: FCR.UN), is making an application to the Ontario Superior Court (Commercial List) to have the… [Read More]
Primaris REIT Announces Distribution for January 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 January, 2023, representing $0.82 per unit on an annualized basis. The distribution will be payable on February 15, 2023 to unitholders of record on January 31, 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
TSX: PMZ.UN
www.primarisreit.com
Union Launches Multifamily Industry’s First Centralized Leasing Software Platform
Industry-first software solution enables virtual operations for property management companies.
AUSTIN, Texas–(BUSINESS WIRE)–Union, a multifamily property technology company, announces the first comprehensive centralized leasing software and support solution to enable sophisticated remote management of multifamily communities. Union transforms the traditional leasing operational model to solve for staffing shortages, a consumer shift to self-service, and a need for specialized operations.
“Property management companies and ownership groups are facing historic challenges with hiring and employee retention, and they are looking for software to support smaller, more efficient leasing operations via centralization,” said Ethan Lacey, Founder and CEO of Union.
Union partners can choose to adopt a fully remote model, where all lead management functions are off-property, or a hybrid model, where an on-property presence is maintained. For all operational models, Union enables specialization at every step of the lead-to-lease journey, including applications, renewals, and move-in.
Centralization requires more than software, it requires support. In conjunction with the launch of Union’s centralized leasing platform, Union is also announcing proservices to support partners as they adopt a centralized leasing operating model. Union’s industry experts help partners facilitate organizational restructuring, operational innovation, training and implementation, and staff resourcing.
Mark-Taylor Residential, the leading luxury property management company and developer in Arizona, is the first organization to implement Union’s software at owned and operated communities. “With Union, we are evolving traditional operations to meet shifting marketplace realities, to support our internal teams, and to serve our clients. Through innovation, we eliminate obstacles and create a seamless experience throughout the prospect and resident lifecycle,” said John Carlson, President of Mark-Taylor Companies.
Union, founded by technologists from Amazon, is bringing innovation to the multifamily industry and challenging antiquated monopolies. To learn more about a demo or trial of Union, visit www.gounion.com or email hello@gounion.com.
Contacts
MEDIA
Contact: Ethan Lacey
Email: ethan@gounion.com
Phone: (646) 837-5515
Morguard North American Residential REIT Announces Normal Course Issuer Bid
MISSISSAUGA, ON, Jan. 6, 2023 /CNW/ – Morguard North American Residential Real Estate Investment Trust (TSX: MRG.UN) (the “REIT”) 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/or alternative Canadian trading systems. The notice provides that the… [Read More]
BOARDWALK REIT PROVIDES AN OPERATIONAL UPDATE WITH CONTINUED STRONG OCCUPANCY, ACCELERATING SAME PROPERTY REVENUE GROWTH AND TIMING OF FOURTH QUARTER RESULTS
CALGARY, AB, Jan. 6, 2023 /CNW/ – Boardwalk Real Estate Investment Trust – TSX: BEI.UN Boardwalk REIT (“Boardwalk, “the Trust”, “We”) is providing a brief operational update highlighting its strong portfolio occupancy and increasing occupied rents to close out 2022, as we continue to focus on our essential service of providing high-quality and affordable homes… [Read More]
The Real Brokerage Inc. to Present at the Needham Growth Conference
TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (“Real” or the “Company”) (TSX: REAX) (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that Chairman and Chief Executive Officer Tamir Poleg will be presenting at the Needham Growth Conference on January 11, 2023 at 2:15 PM ET.
Real’s remarks will be broadcast live and can be accessed by interested parties at the link below, and in the “Investors” section of www.onereal.com.
Date: Wednesday, January 11, 2023
Time: 2:15 PM ET
Webcast link: https://wsw.com/webcast/needham128/reax/2256336
About Real
The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 45 states, D.C., and three Canadian provinces with over 8,000 agents. Additional information can be found on its website at www.onereal.com.
Contacts
For additional information, please contact:
Jason Lee
Vice President, Capital Markets & Investor Relations
investors@therealbrokerage.com
908.280.2515
For media inquiries, please contact:
Elisabeth Warrick
Director, Communications
elisabeth@therealbrokerage.com
201.564.4221
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