TORONTO–(BUSINESS WIRE)–Aria Vent, Canada’s first-ever custom vent solution company, is thrilled to announce their presence at the NAHB International Builders’ Show® (IBS) with an in-person booth activation. Hosted at the Las Vegas Convention Centre in booth #SU577 from January 31 to February 2, Aria Vent will showcase their patented vent product assortments and building accessories.

Aria Vent is Canada’s first-ever company to remodel the traditional home vent and innovate the first modular air vent that can be used anywhere and customized with any materials. Designed with DIY and industry professionals in mind, Aria’s mission to create thoughtful, beautiful and functional products now extends beyond vents to include other building material essentials like receptacle mounts, niches and exhaust fan covers.

“Our team is thrilled to be participating in IBS and expanding our operations into the US this year,” said CEO Roberta Mantenuto. “We are excited to share our story about how we became the first company to evolve the air register and showcase our expanding innovations in the industry for 2023.”

Aria Vent is proud to be a female-owned business, led by CEO, Roberta Mantenuto. Roberta will be in attendance to connect, network and educate industry leaders and professionals on Aria Vent’s high-quality products, design and function.

Aria’s Exhibit at IBS includes a booth activation featuring their latest product innovations, offering North America’s residential construction professionals an exclusive sneak peek at Aria’s innovations for 2023.

About Aria Vent Inc.

Proudly manufactured in Canada, Aria Vent’s patented products are the first and only modular air register system that can be adapted to any surface. Aria Vent has elevated vents from a “necessary building product” to a design feature that is quickly becoming the go-to standard for industry professionals. Founded in September 2016, Aria Vent Inc. is owned and operated by father-daughter duo, Paolo and Roberta Mantenuto who share a passion for innovative, thoughtful design.

Contacts

Media:
Monica Barbaro

monica@talkshopmedia.com
647-330-6946

TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that its previously announced consent and proxy solicitation (the “Consent Solicitation”) to seek approval of proposed amendments (the “Proposed Amendments”) to the terms of its 5.25% convertible unsecured subordinated debentures, due February 28, 2023 (the “Debentures”), has received positive reception to date through the Consent Solicitation process, with holders of the Debentures (the “Debentureholders”) representing over $14 million of principal amount of Debentures having cast their votes thus far, with over 96% of votes cast being in favour of the extraordinary resolution to approve the Proposed Amendments (the “Extraordinary Resolution”) as of close of business yesterday, which equates to over 48% of the total outstanding principal amount of the Debentures having voted in favour of the Extraordinary Resolution. In turn, the REIT will proceed with a meeting (the “Meeting”) of the Debentureholders to seek the passing of the Extraordinary Resolution.

“We are very pleased with the positive response we have received from Debentureholders through the Consent Solicitation process,” said Steve Hodgson, Chief Executive Officer of Slate Office REIT. “These Proposed Amendments will maximize the REIT’s liquidity and financial flexibility in a challenging operating environment, helping to ensure continued stability and financial strength. We look forward to successfully completing the amendment process at the upcoming Debentureholders’ Meeting.”

The Proposed Amendments are described in detail in the REIT’s consent and proxy solicitation statement dated December 29, 2022, and available on the REIT’s SEDAR profile at www.sedar.com, and summarized below as follows: (i) increase the interest rate from 5.25% to 9.00%, effective February 28, 2023, (ii) decrease the conversion price from $10.53 per REIT unit to $5.50 per REIT unit, (iii) extend the maturity date from February 28, 2023 to February 28, 2026, and (iv) provide that the Debentures are not redeemable prior to February 28, 2025 and, at any time after February 28, 2025, the REIT shall be permitted to redeem the amended Debentures, in whole or in part at a price equal to the principal amount thereof plus accrued and unpaid interest to, but excluding, the date of the redemption.

The Meeting of Debentureholders will take place on January 27, 2023 at 9:00 a.m. Eastern Time at the offices of the REIT at 121 King Street West, Suite 200, Toronto, Ontario M5H 3T9.

Debentureholders holding at least 25% of the principal amount of Debentures outstanding have submitted proxy voting instructions and, accordingly, a quorum will be present for the Meeting. At the Meeting, approval of the Proposed Amendments will require holders of not less than 66 2/3% of the principal amount of the Debentures, present or represented by proxy at the Meeting to vote in favour of the Extraordinary Resolution.

Kingsdale Advisors is acting as the Information, Solicitation and Tabulation Agent for the Meeting. Debentureholders may contact Kingsdale Advisors regarding: (i) questions concerning the terms of the Meeting or (ii) assistance with proxy appointments for the Meeting at: 1-800-775-1986 or by email at corpaction@kingsdaleadvisors.com.

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-SA

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

First-of-its-kind program allows two agents to co-sponsor a recruit, share revenue and amplify community support

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, today announced that it is enhancing its revenue share program to give its agents the choice to partner to bring new agents into the company. Real’s Co-Sponsored Revenue Share program, which launches February 1, 2023 throughout the U.S and Canada, is designed to break down silos and encourage collaboration as the company continues its rapid expansion. It is believed to be the first of its kind in the industry.

Until now, an agent joining Real was able to name only one sponsor, an existing Real agent who would receive a portion of the brokerage’s share of the agent’s commission split on the completion of a real estate transaction. Under the new program, an agent can be sponsored by up to two agents, with each agent sharing equally in a portion of Real’s split of the commission.

“Our existing agents are our biggest source for attracting new agent talent. They are the reason we more than doubled our agent count in 2022,” said Real Chairman and Chief Executive Officer Tamir Poleg. “At the same time, we are mindful of our overarching goal of building a culture that rewards both production as well as collaboration. Incentivizing agents to work together to recruit new team members aligns with our core values and will lead to increased teamwork and community-building beyond an individual’s established network. We believe that a culture built on economics can be very successful, but a culture based on economics and collaboration grows exponentially.”

Poleg said the program enhancement is a direct result of agent feedback and is designed to provide new recruits more flexibility during the onboarding process while encouraging agents to focus on sharing Real’s benefits with other high producing agents.

Under Real’s revenue share program, agents earn revenue on transactions closed by agents they directly sponsor as well as the agents their recruits sponsor. The new Co-Sponsored Revenue Share program significantly broadens the earnings opportunity for agents beyond a singular agent network, increasing earnings capacity over the long-term and fueling cross-network collaboration.

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real’s growth and the business and strategic plans of the Company.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

About Real

The Real Brokerage Inc. is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. We provide a digital brokerage platform for agents, while working to build a better end-to-end home buying experience for consumers. 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:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

For media inquiries:

Elisabeth Warrick

Director, Communications

elisabeth@therealbrokerage.com
201.564.4221

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 virtual Q1 2023 Investor Summit on Thursday, January 26, 2023 at 9:00 a.m. EST.

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: Thursday, January 26, 2023

Time: 9:00am ET

Webcast link: https://us06web.zoom.us/webinar/register/WN_zxG7eh48QsOHvLbDlzEqBA

About Real

The Real Brokerage Inc. is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. We provide a digital brokerage platform for agents, while working to build a better end-to-end home buying experience for consumers. 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

TORONTO–(BUSINESS WIRE)–Russell Investments Canada Limited announced today that the risk rating and suitability of Russell Investments Global Smaller Companies Pool and Russell Investments Global Smaller Companies Class (the “Funds”) has been updated from a medium-to-high risk level to a medium risk level in accordance with the methodology prescribed by securities legislation. Previously, each Fund was assigned a risk rating one level higher than that determined by the prescribed methodology.

About Russell Investments Canada Limited

Russell Investments Canada Limited is a wholly owned subsidiary of Russell Investments Group, Ltd. Established in 1985, Russell Investments Canada Limited has its head office in Toronto.

About Russell Investments

Russell Investments is a leading global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 86-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm has CA$374.6 billion in assets under management (as of 12/31/2022) for clients in 32 countries. Headquartered in Seattle, Washington, Russell Investments has offices in 19 cities around the world, including in New York, London, Toronto, Tokyo, and Shanghai.

Not for distribution to U.S. newswire services or dissemination in the United States.

Important Information

Nothing in this publication is intended to constitute legal, tax securities or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type.

Russell Investments is the operating name of a group of companies under common management, including Russell Investments Canada Limited.

Copyright © Russell Investments Canada Limited 2023. All rights reserved.

Contacts

Steve Claiborne, newsroom@russellinvestments.com

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact” or the “Trust”) today announced its January 2023 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The January distribution will be payable on February 15, 2023 to unitholders of record as at January 31, 2023.

About Dream Impact Trust

Dream Impact Trust is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and investing holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; while generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca. 

Contacts

DREAM IMPACT TRUST
Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kimberly Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its January 2023 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The January distribution will be payable on February 15, 2023 to unitholders of record as at January 31, 2023.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at September 30, 2022, Dream Industrial REIT owns, manages and operates a portfolio of 258 industrial totaling approximately 46.5 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to continue to grow and upgrade the quality of its portfolio which primarily consists of distribution and urban logistics properties and to provide attractive overall returns to its unitholders. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

For further information:

Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov

Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its January 2023 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The January distribution will be payable on February 15, 2023 to unitholders of record as at January 31, 2023.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca