TORONTO–(BUSINESS WIRE)–Toronto-based boutique commercial real estate brokerage and advisory firm Franc & Co (F&C) and Percy Ellis (PE), a B Corp Certified Toronto developer and community builder of missing middle rental housing, are pleased to announce the establishment of a strategic financial management arrangement between the two companies. F&C has been mandated to manage portfolio-wide project level financing needs and stakeholder reporting for PE.

Two visionary companies, a uniquely positioned partnership a year in the making. Developed through detailed discussions, this new arrangement will position F&C to closely collaborate with PE to provide required consulting, capital sourcing and advisory services that are focused on PE’s project level financing needs. In addition to the existing portfolio and new project financing, the F&C team has been mandated to professionalize the investor and bank relationships, which will include regular communication and reporting to stakeholders.

“At Franc & Co, we have an expert team built to help companies strategically manage their growth from a project financing standpoint,” says Franc & Co Principal Broker and Founder, Francesco Margani. “This partnership gives us an opportunity to execute our holistic approach to real estate financing solutions as well as demonstrate our commitment to community and the tremendous values put forward by the Percy Ellis team,” adds Margani.

PE has established itself as a community builder in the GTA and are focused on delivering the best service to their tenants and stakeholders. With an innovative approach centered on the community, James Burton, Co-Founder of Percy Ellis realized that the teams’ strength was in delivering best-in-class projects that benefit the City and the public realm. They needed to be able to focus on design, planning, construction and the property management and tenant servicing side of the business and they would benefit from a partnership where an experienced financial professional could come in to handle stakeholder and bank relationships.

F&C will review the existing portfolio and processes to kick off the partnership and deliver solutions that build efficiencies for PE. This process involves establishing a standardized method for the two firms to collaborate and share information that will be streamlined by F&C to strengthen and scale PE’s existing relationships with banks and investors. F&C will also be engaged in the financial assessment and capital structuring for new/potential acquisitions. They will manage funding draws, new debt and equity fundings and plan for all PE’s future capital needs. Updated information will be communicated by F&C regularly to stakeholders through a new standardized reporting model.

“Franc & Co were chosen as the right partners to help us attain new levels of success and growth that we’re perfectly positioned to capitalize on,” said James Burton. “We have seen that painstakingly caring about every single project detail including investing in the community can boost our bottom line. Francesco has a keen understanding of this and our vision and showed an ability to translate all of this into a reality that our investors and banks will understand and support,” he added.

As Franc & Co continues to grow its portfolio across multiple asset classes, the company has set an ambitious goal of enhancing its offering to clients as demonstrated in the creation of this financial asset management partnership with Percy Ellis. For Percy Ellis, this new partnership will allow their management team to focus on the core value-add of their business which is detailed project planning, community building, construction and property management and the establishing of a streamlined system for all their future financing needs will allow them to do just this.

About Franc & Co

Franc & Co is a boutique commercial real estate brokerage and investment firm that specializes in tailor-made debt and equity financing solutions for a broad range of industry players, including developers, lenders and investors. With decades of experience, Franc & Co’s seasoned team of real estate capital experts brings deep knowledge and financial expertise to every transaction. The firm’s focus is on building and maintaining long-term relationships by maximizing value and realizing the market potential for its diverse clients. For more information, visit francandco.com

About Percy Ellis

Founded by James Burton & Emery Daniels, Percy Ellis is committed to building affordable, low-carbon apartments in walkable neighbourhoods, accessible to a diverse audience. Percy Ellis looks beyond the aesthetic and applies equal focus on tenant happiness by promoting healthy-living, respectful and transparent communication, and creating communities that encourage long-term roots and lasting relationships. For more information, visit percyellis.com

Contacts

Media:

Natasha Alibhai
McOuat Partnership

natasha@partnership.ca

Acquisition Brings Miner’s Expertise in Commercial Docks and Doors to the Northwest US

PERRYSBURG, Ohio–(BUSINESS WIRE)–#acquisition—Miner Ltd., the dock and door division of OnPoint Group, announced today the acquisition of Pace Material Handling, the largest independent dock and door service provider in the Pacific Northwest. Based in the Greater Seattle area, Pace Material Handling has been providing design, install and service expertise for commercial docks and doors across Washington and Oregon for more than 30 years. This acquisition expands Miner’s service reach on the West Coast into the Pacific Northwest.

“At Miner we are committed to our brand promise to be the national service provider for commercial docks and doors. Our acquisition of Pace Material Handling establishes our presence in the Northwest region and truly solidifies Miner as a coast to coast, north to south partner,” said Miner President, Dave Wright.

Since 1989, Pace Material Handling has been a go-to provider supporting material handling systems for the warehousing and distribution industries, known for their strong relationships with a wide variety of qualified equipment manufacturers. Their highly customized solutions and factory-trained installation and service teams have helped countless distributors, warehousers, general contractors, construction companies and property managers make lasting operational improvements with boosted safety metrics.

“As North America’s expert in docks and doors, the team at Miner shares our mission to bring safety and security to the loading dock. In joining Miner, we look forward to providing expanded expertise and capabilities for our clients as well as growth opportunities for our team,” said Bob Oury, Pace Material Handling Founder and CEO.

For additional information about Miner and Pace visit www.minercorp.com or www.onpointgroup.com/mergers-acquisitions.

About Miner Ltd.

Miner Ltd., an OnPoint Group company, is the North American leader in commercial docks and doors, improving safety and uptime while lowering costs for some of the largest industrial facilities and Fortune 500-class companies. Our suite of proactive MinerCare services makes for smarter, safer loading docks with data-driven solutions. From real-time electronic evidence to equipment monitoring to asset management and expert installations, our mission is to mitigate risk and improve efficiency at the loading dock. Our service footprint includes the largest network of best in class service professionals nationwide delivering superior speed, consistency and results 24/7/365. Learn more at https://www.minercorp.com.

About OnPoint Group

OnPoint Group is changing the way companies manage material handling and critical facility services by driving productivity, increasing safety and lowering costs through custom engineered solutions, data-driven decisions and lifecycle management services. Headquartered in Perrysburg, OH, OnPoint Group’s portfolio of companies includes Miner, TrueSource, Concentric, and TFS, providing services in everything from forklift fleet management to forklift power, critical backup power, docks, doors and many critical facility maintenance trades. More than 1,700 industry professionals, 40,000 service affiliates and a scaling technology ecosystem support manufacturers, distributors and retailers nationwide with system-wide improvements, total cost control and risk mitigation. For more information, visit www.onpointgroup.com.

Contacts

Lexington Public Relations,

Suki Mulberg Altamirano

+1 646 265 0675 | suki@lexingtonpr.com

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 it will be releasing its fourth quarter and year end 2022 results before market hours on Wednesday, February 15, 2023. Senior management will host a live conference call at 9:00 am ET on Wednesday, February 15, 2023 to discuss the results and ongoing business initiatives of the REIT.

Conference Call Details

The conference call can be accessed by dialing (416) 764-8658 or 1 (888) 886-7786. Additionally, the conference call will be available via simultaneous audio found at https://viavid.webcasts.com/starthere.jsp?ei=1592846&tp_key=a5117b5972. A replay will be accessible until March 1, 2023 via the REIT’s website or by dialing (416) 764-8692 or 1 (877) 674-7070 (access code 324161#) approximately two hours after the live event.

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 daily 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

Investor Relations

+1 416 644 4264

ir@slateam.com

TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that it will be releasing its fourth quarter and year end 2022 results before market hours on Wednesday, February 22, 2023. Senior management will host a live conference call at 9:00 a.m. ET on Wednesday, February 22, 2023 to discuss the results and ongoing business initiatives of the REIT.

Conference Call Details

The conference call can be accessed by dialing (416) 764-8658 or 1 (888) 886-7786. Additionally, the conference call will be available via simultaneous audio found at https://viavid.webcasts.com/starthere.jsp?ei=1592828&tp_key=d2858ec0eb. A replay will be accessible until March 8, 2023 via the REIT’s website or by dialing (416) 764-8692 or 1 (877) 674-7070 (access code 626689#) approximately two hours after the live event.

About Slate Office REIT (TSX: SOT.UN)

Slate Office REIT is a global owner and operator of high-quality workplace real estate. The REIT owns interests in and operates a portfolio of strategic and well-located real estate assets in North America and Europe. The majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.

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.

SOT-FR

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

BOSTON–(BUSINESS WIRE)–Today, Orbia is proud to announce that the Science Based Targets initiative (SBTi), a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), has approved its near-term scope 1, 2 and 3 emissions reduction targets as being in conformance with the latest SBTi Criteria and Recommendations (version 5) for climate actions to mitigate the impacts of global warming.

In addition, the SBTi validation team has classified Orbia’s scope 1 and 2 target reduction goal in its most ambitious 1.5°C trajectory category. Orbia has committed to reduce its absolute scope 1 and 2 greenhouse gas emissions 47% by 2030 from a 2019 base year and to reduce absolute scope 3 GHG emissions from use and end-of-life treatment of sold products 30% within the same timeframe.

“It has been the vision of our founders and leaders to provide cleaner, smarter, more efficient materials and solutions that advance life around the world,” said Sameer Bharadwaj, CEO of Orbia. “Today, validating our scope 1, 2 and 3 emissions reduction goals with the SBTi reinforces our commitment to providing our customers with the products and services they need to deal with the impacts of climate change and help decarbonize the planet.”

“Approval from the SBTi confirms that the emissions targets we set are feasible and well aligned with what the world needs to keep a temperature below a 1.5°C rise,” said Tania Rabasa Kovacs, Vice President of Sustainability and Corporate Affairs. “Working with the SBTi demonstrates our commitment to achieving our ambitions with transparency and accountability. We are confident that by transitioning to renewable sources of energy, optimizing production processes for efficiency and investing in new technologies, Orbia will meet its 2050 net-zero aspiration,” continued Kovacs.

Recognition by the SBTi is another example of how Orbia’s commitment to sustainability is making an impact and follows last month’s announcement of Orbia’s inclusion in the S&P Dow Jones Sustainability Indices (“S&P DJSI”). For additional details on external recognition, visit: https://www.orbia.com/sustainability/esg-indices-and-external-recognition/.

About the Science Based Targets initiative (SBTi)

A partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), the Science Based Targets initiative (SBTi) mobilizes companies to set science-based targets and boost their competitive advantage in the transition to the low-carbon economy. The SBTi defines and promotes best practice in science-based target setting, offers resources to reduce barriers to adoption and independently assesses and approves companies’ targets using a quantitative and qualitative protocol.

https://sciencebasedtargets.org/companies-taking-action

About Orbia

Orbia is a company driven by a shared purpose: to advance life around the world. Orbia operates in the Polymer Solutions (Vestolit and Alphagary), Building and Infrastructure (Wavin), Precision Agriculture (Netafim), Connectivity Solutions (Dura-Line) and Fluorinated Solutions (Koura) sectors. The five Orbia business groups have a collective focus on expanding access to health and wellness, reinventing the future of cities and homes, ensuring food and water security, connecting communities to information and accelerating a circular economy with basic and advanced materials, specialty products and innovative solutions. Orbia has a global team of over 23,000 employees, commercial activities in more than 110 countries and operations in over 50, with global headquarters in Boston, Mexico City, Amsterdam and Tel Aviv. The company generated $8.8 billion in revenue in 2021. To learn more, visit: orbia.com.

Contacts

Global:
Kacy Karlen

Chief Communications Officer

kacy.karlen@orbia.com
1 (865) 410-3001