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 the Board of Trustees has declared a distribution for the month of March 2025 of U.S.$0.072 per class U unit of the REIT (“Class U Units”), or U.S.$0.864 on an annualized basis.

Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election.

Holders of class A units of the REIT (“Class A Units”) will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT (“Class I Units”) will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units (“Exchangeable Units”) will receive a distribution of U.S.$0.072 per unit.

If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution.

Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on April 15, 2025, to unitholders of record as of the close of business on March 31, 2025.

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 are expected to 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 investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. 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, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

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-Dist

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

MIAMI–(BUSINESS WIRE)–Trivest Partners LP (“Trivest” or “Firm”), a leading private equity firm focused on investing in founder and family-owned businesses, today announced that Trivest Discovery Fund I has completed the sale of its portfolio company HighGround Restoration Group, Inc. (“HighGround” or “Company”) to Knox Lane. Terms of the sale were not disclosed.

Headquartered in Dallas, TX, HighGround is a leading national platform offering water damage mitigation and restoration services to homeowners. HighGround works hand in hand with homeowners in response to water damage events, with a relentless focus on customer service, responsiveness, and superior results, helping to return homes to their original state with speed and quality. The company was initially formed in February of 2020 with the acquisition of Dry Force, a Texas-based water loss mitigation and restoration leader. In 2022, the company launched the HighGround brand to represent the platform with national scale and resources to serve and support local brand execution. Since the initial investment in Dry Force, HighGround has completed 13 add-on acquisitions, increased its revenue by over 12x, and grown its employee base from 68 to nearly 700. The Company currently operates in thirteen states across the country.

“HighGround was an exciting investment for Trivest from day one. Over our five-year investment period, we had the opportunity to bring 14 terrific family-owned businesses into the HighGround/Trivest family. Each acquired company was a leader in its geographic market, and, by bringing these businesses together, we have built a unique platform in the water damage mitigation and restoration space. Ben Balsley and the entire HighGround team have worked tirelessly to successfully integrate these brands and create an exceptional business,” said Trivest Managing Partner Forest Wester, who led the HighGround investment.

The sale of HighGround represents a signature transaction for Trivest and is a testament to the Firm’s commitment to helping founder-led and family-owned businesses transition and grow. HighGround was the first platform investment in Trivest Discovery Fund I and represents the first Discovery Fund sale as well. Throughout its ownership period, Trivest leveraged numerous elements of its long-term value creation strategy, the “Path to 3x.” Trivest created a true Category of One by helping rebrand the entity as HighGround Restoration Group, driving its customer service-centric value proposition throughout the organization using the unified theme of “We Turn Chaos Into Calm.” Trivest also worked diligently to Topgrade the rapidly growing organization, filling out a best-in-class management team lead by Ben Balsley as CEO. The exemplary performance of this team was key to successfully integrating the numerous acquisitions, growing the Company’s profitability and ultimately the outstanding exit outcome achieved by Trivest.

“The growth we’ve experienced over the past five years has been nothing short of amazing and has culminated in this exciting new partnership with Knox Lane. We would like to thank the entire team from Trivest. From their original investment in Dry Force through the exit process, Trivest showed an incredible commitment to investing in our company and our people to help HighGround maximize its potential,” said HighGround CEO Ben Balsley.

Harris Williams served as exclusive financial advisor and Akerman LLP served as legal advisor to both HighGround and Trivest.

ABOUT HIGHGROUND

HighGround is a leading residential restoration services platform combining national scale with local brand execution. HighGround helps customers who have suffered water or fire damage by providing drying and clean up services coupled with restoration and repair contracting. With a proven track record of growth and focus on people, HighGround was built by partnering with like-minded companies that share a track record of doing the right thing for customers, employees, and partners. To learn more, visit www.highgroundnow.com

ABOUT TRIVEST

Trivest Partners is a leading private equity firm with more than $6 billion of capital under management across four unique investment funds that focus exclusively on the support and growth of founder-led and family-owned businesses with both control and non-control transactions across the United States and Canada. Headquartered in Miami, with a presence in Charlotte, Chicago, Los Angeles, New York, and Toronto, the Firm has more than 50 portfolio companies as of January 2025. To learn more, visit www.trivest.com

Contacts

Forest Wester

305-858-2200

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, today announced that Sharran Srivatsaa will transition from his role as President of Real to join the company’s Board of Directors, subject to corporate approvals, effective June 1, 2025.

“Sharran’s leadership, vision and deep commitment to Real’s mission have been instrumental in shaping the company’s culture and growth trajectory,” said Tamir Poleg, Chairman and Chief Executive Officer of Real. “We are incredibly grateful for his contributions and excited that he will continue to play a critical role in shaping our strategy as a member of the Board of Directors. His insight and advocacy for agents will remain invaluable as we continue to build the real estate platform of the future.”

As a Board member, Sharran will focus on representing the voice of Real’s agents and ensuring that the company continues to prioritize agent success and industry innovation. Over the coming months, he will work closely with the team to ensure a seamless transition.

“Real has never been in a stronger position to empower agents through its innovative business model, proprietary technology and collaborative, entrepreneurial culture,” said Sharran Srivatsaa. “While stepping away from my day-to-day role as President is bittersweet, I am incredibly confident in the strength of our leadership team and the trajectory of our company. I look forward to continuing to support Real in this next chapter as a Board member, ensuring that we remain focused on delivering unmatched value to our agents, partners and shareholders.”

Real’s leadership team remains committed to maintaining the company’s momentum, prioritizing growth, innovation and the long-term success of its agents.

About Real

Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence throughout the U.S. and Canada, Real supports more than 26,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses.

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 of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to transitions in Real’s leadership.

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. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns, Real’s ability to attract new agents and retain current agents, and those risk factors discussed under the heading “Risk Factors” in the Company’s Annual Information Form dated March 6, 2025, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. 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.

Contacts

Investor inquiries, please contact:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

• Enables the site to meet growing demand for low-voltage distribution equipment

MISSISSAUGA, Ontario–(BUSINESS WIRE)–Schneider Electric, the leader in the digital transformation of energy management and automation, is expanding its Duna Smart Power Systems (DSPS) smart factory in Dunavecse, which opened last year. The new facility covering 18,000 square metres, is being constructed with an investment of 44 million €.

Schneider Electric is adapting its capacity flexibly in response to market demands while adhering to a principle of gradual growth. The expanded facility will focus on manufacturing low-voltage distribution equipment marking the introduction of these products at this site.

The development will occur entirely on the 10 hectares of land already owned by Schneider Electric, which was chosen prior to the launch of the first phase of DSPS for its suitability for future expansion. Last May, the company inaugurated the Duna Smart Power Systems (DSPS) plant in Dunavecse, one of its largest production facilities in Europe. It serves as the main European production centre for the company’s latest SF6-free medium-voltage switchgear RM AirSeT, as well as medium-voltage air-insulated switchgears for both Europe and global markets.

“As a leading global industrial technology company, Schneider Electric is a trusted partner in sustainability and energy efficiency through electrification and digitalization. The expansion of our Dunavecse factory responds to the significant market demand for low-voltage distribution equipment globally”, said Yann Reynaud, Schneider Electric’s Senior Vice President, Global Engineering to Order Operations.

In addition to enhancing sustainability and energy efficiency, the first phase of DSPS was designed for efficient building operation. Schneider Electric’s EcoStruxure, an IoT-enabled, plug-and-play, open, and interoperable architecture and platform, is implemented with advanced online monitoring systems and communication network tools to help prevent failures and ensure timely interventions.

In recognition of Schneider Electric’s commitment to sustainability and efficiency, the company has been named the world’s most sustainable company by TIME magazine and Corporate Knights recently, as well as the DSPS has already received several awards, including first place in the Industry category of the Hungarian Real Estate Development Excellence Award, Zero Carbon Award in new construction category of the Hungarian Green Building Association (HuGBC), and recognition as one of the three best projects in last year’s “Green Awards powered by Green Cloud” competition. Additionally, it was a finalist in the BTS (Build-To-Suit) category of the CRE Awards and received “Best Technology Investment of the Year” award from the Joint Venture Association.

About Schneider Electric

Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.

Our mission is to be the trusted partner in Sustainability and Efficiency.

We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitalization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.

We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

www.se.com/ca

Discover Life Is On

Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog

Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights.

Hashtags: #PressRelease #GlobalSupplyChain #SmartFactory

Contacts

Media Relations – Edelman on behalf of Schneider Electric, Juan Pablo Guerrero

Phone: +1 416 875 7173, Email: juan.guerrero@edelman.com