TORONTO, Oct. 20, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on November 15, 2022 to holders of Common Shares of record on October 31, 2022. The Company also… [Read More]
Nexus Industrial REIT Announces Q3 2022 Results Date and October and November Distributions
TORONTO, Oct. 20, 2022 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today that it intends to release its financial results for the quarter ended September 30, 2022 on Monday, November 14, 2022 after the close of the market. Management of the REIT will host a conference call at 1:00 PM Eastern… [Read More]
H&R Announces Date of Third Quarter 2022 Earnings Release, Conference Call and Webcast and Declares October 2022 Distribution
Toronto, Oct. 20, 2022 /CNW/ – H&R Real Estate Investment Trust (“H&R REIT” or the “REIT”) (TSX: HR. UN) today announced that it will release its financial results for the three and nine months ended September 30, 2022 on Monday, November 14, 2022. Management will host a conference call to discuss the financial results for… [Read More]
Norman Fisher Joins IPS as Director of Architecture for Canadian Operations
BLUE BELL, Pa. & VAUGHAN, Ontario–(BUSINESS WIRE)–IPS-Integrated Project Services, LLC, a leading provider of architecture, engineering, procurement, construction management, and validation (AEPCMV) services, announces the appointment of Norman Fisher as Director of Architecture for its Canadian Operation, based in IPS’ head office located in the Greater Toronto Area. Mr. Fisher plays a critical role in driving the Canadian region’s continued growth of its architecture portfolio and integrated project delivery capabilities.
Mr. Fisher brings over 30 years of architectural and management experience to his new role. He worked on life sciences, research & manufacturing, government, and education projects, seeing them through each design phase and supporting the client’s needs through to construction and startup. As a former principal architect, he’s managed large multi-disciplined teams to execute successful projects in the life sciences industry.
In his new position, Mr. Fisher becomes a key member of IPS’ regional leadership team, supporting and identifying the best resources for project success. He will oversee the activities of design personnel on all projects delivered from IPS’ Canadian operations.
“The IPS Canadian operations is growing rapidly, and Norm has the experience to lead the team through to the next step change in our business strategy. His knowledge, skill and passion fits our team culture, and we are very excited to start this journey with Norm,” states Paula Casalino, Vice President of the Canadian Operations. “Mr. Fisher leads with a high degree of organization and communication skills. He gracefully handles challenges with complex projects with varying budgets, schedules, and teams. His work ethic and methodology align well with IPS’ Pride in Delivery model, which meets the needs of clients and their projects to provide the best outcomes.”
About IPS
IPS is a global leader in developing innovative business solutions for the biotechnology and pharmaceutical industries. Through operational expertise and industry-leading knowledge, skill, and passion, IPS provides consultancy services, architecture, engineering, project controls, construction management, and compliance services that allow clients to develop and manufacture life-impacting products. Its Canada region, established in 2017, has approximately 100 employees and is growing. With the addition of its newest acquisition, Linesight, IPS has nearly 3,000 professionals in over 45 offices across 17 countries in the Americas, Europe, Asia Pacific, Southeast Asia, Australia, and the Middle East. For further information, please visit www.ipsdb.com.
Contacts
Corporate Communications
+1.484.344.9234
Tricon Completes the Sale of its Interest in U.S. Multi-family Portfolio for $315 Million of Proceeds
TORONTO–(BUSINESS WIRE)–Tricon Residential Inc. (“Tricon” or the “Company”) (NYSE: TCN, TSX: TCN), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, confirmed today the closing of the previously announced sale of its 20% equity interest in a portfolio of 23 Sun Belt apartment buildings to a vertically integrated residential real estate investment and property management company, which will assume all asset and property management responsibilities for the portfolio after a customary transition period.
The sale resulted in gross proceeds of approximately $315 million to Tricon. The Company intends to use the net sale proceeds primarily to repay outstanding debt on its corporate credit facility, enhancing its balance sheet flexibility to pursue future growth in its core single-family rental business. Tricon also intends to use a portion of the proceeds to repurchase common shares under the normal course issuer bid announced on October 13, 2022.
About Tricon Residential Inc.
Tricon Residential Inc. is an owner and operator of a growing portfolio of approximately 34,000 single-family rental homes and multi-family rental apartments in the United States and Canada with a primary focus on the U.S. Sun Belt. Our commitment to enriching the lives of our residents and local communities underpins Tricon’s culture and business philosophy. We strive to continuously improve the resident experience through our technology-enabled operating platform and innovative approach to rental housing. At Tricon Residential, we imagine a world where housing unlocks life’s potential. For more information, visit www.triconresidential.com.
Forward-Looking Information
This press release contains forward-looking statements and information relating to expected future events and the Company’s financial and operating results and projections that involve risks and uncertainties, including statements regarding the Company’s intentions, growth and investment opportunities, and performance goals and expectations. Such forward-looking information is typically indicated by the use of words such as “will”, “may”, “expects” or “intends”. The forward-looking statements and information contained in this press release include, without limitation, statements regarding: the Company’s use of the net transaction proceeds and the expected debt reduction and balance sheet impact of that use.
If unknown risks arise, or if any of the assumptions underlying the forward-looking statements prove incorrect, actual results may differ materially from management expectations as projected in such forward-looking statements. Examples of such risks and uncertainties include, but are not limited to, the inability to complete the transaction described herein due to the failure to satisfy its requisite conditions, and other risk factors described in the Company’s continuous disclosure materials from time to time, available on SEDAR at www.sedar.com. Accordingly, although we believe that our anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.
Contacts
Investors
Wissam Francis
EVP & Chief Financial Officer
Wojtek Nowak
Managing Director, Capital Markets
Email: investorsupport@triconresidential.com
Media
Tara Tucker
Vice President, Communications
Dream Impact Trust Q3 2022 Financial Results Release Date, Webcast and Conference Call
TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact” or the “Trust”) will be releasing its financial results for the quarter ended September 30, 2022, on Monday, October 31, 2022.
Senior management will be hosting a conference call to discuss the financial results.
Conference call:
Date: |
Thursday, November 3, 2022 at 2:00 p.m. (ET) |
|
Dial: |
For Canada please dial: (866) 455-3403 |
|
|
For International please dial: (647) 484-8332 |
|
Passcode: |
24662328# |
A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Impact Trust’s website at www.dreamimpacttrust.ca and click on Calendar of Events in the News and Events section.
Webcast:
To access the conference call via webcast, please go to Dream Impact Trust’s website at www.dreamimpacttrust.ca and click on Calendar of Events in the News and Events section. The webcast will be archived for 90 days.
Dream Impact is an open-ended trust dedicated to impact investing. Impact investing is the intention of 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
Dream Residential REIT Q3 2022 Financial Results Release Date, Webcast and Conference Call
TORONTO–(BUSINESS WIRE)–DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U) (“Dream Residential REIT” or the “REIT”) will be releasing its financial results for the quarter ended September 30, 2022, on Wednesday, November 2, 2022.
Senior management will be hosting a conference call to discuss the financial results.
Conference call:
Date: Thursday, November 3, 2022 at 10:00 a.m. (ET)
Dial: For Canada please dial: (866) 455-3403
For International please dial: (647) 484-8332
Passcode: 88134505#
A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Residential REIT’s website at www.dreamresidentialreit.ca and click on Calendar of Events in the News and Events section.
Webcast:
To access the conference call via webcast, please go to Dream Residential REIT’s website at www.dreamresidentialreit.ca and click on Calendar of Events in the News and Events section. The webcast will be archived for 90 days.
About Dream Residential REIT
Dream Residential REIT is a newly created, unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns an initial portfolio of 16 garden-style multi-residential properties, consisting of 3,432 units primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.
Contacts
Dream Residential REIT
P. Jane Gavan
Chief Executive Officer
(416) 365-6572
jgavan@dream.ca
Derrick Lau
Chief Financial Officer
(416) 365-2364
dlau@dream.ca
Scott Schoeman
Chief Operating Officer
(303) 519-3020
sschoeman@dream.ca
Dream Industrial REIT Q3 2022 Financial Results Release Date, Webcast and Conference Call
TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (DIR.UN – TSX) will be releasing its financial results for the quarter ended September 30, 2022, on Tuesday, November 1, 2022.
Senior management will be hosting a conference call to discuss the financial results.
Conference call:
Date: |
Wednesday, November 2, 2022 at 1:00 p.m. (ET) | |
Dial: |
For Canada please dial: (866) 455-3403 | |
For International please dial: (647) 484-8332 | ||
Passcode: |
64844654# |
A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Industrial REIT’s website at www.dreamindustrialreit.ca and click on Calendar of Events in the News and Events section.
Webcast:
To access the conference call via webcast, please go to Dream Industrial REIT’s website at www.dreamindustiralreit.ca and click on Calendar of Events in the News and Events section. The webcast will be archived for 90 days.
Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at June 30, 2022, Dream Industrial REIT owns, manages and operates a portfolio of 257 industrial assets (372 buildings) comprising approximately 46.0 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:
DREAM INDUSTRIAL REIT
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
Dream Unlimited Corp. Q3 2022 Financial Results Release Date, Webcast and Conference Call
TORONTO–(BUSINESS WIRE)–Dream Unlimited Corp. (TSX: DRM) will be releasing its financial results for the quarter ended September 30, 2022, on Thursday, November 10, 2022.
Senior management will be hosting a conference call to discuss the financial results.
Conference call: |
||
Date: |
|
Thursday, November 10, 2022 at 5:00p.m. (ET) |
Dial: |
|
For Canada please dial: (866) 455-3403 |
|
|
For International please dial: (647) 484-8332 |
Passcode: |
|
43612340# |
A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream’s website at www.dream.ca and click on Calendar of Events in the News and Events section.
Webcast:
To access the conference call via webcast, please go to Dream’s website at www.dream.ca and click on Calendar of Events in the News and Events section. The webcast will be archived for 90 days.
Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the U.S., and has an established and successful asset management business, inclusive of $17 billion of assets under management across four Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We also develop land and residential assets in Western Canada. Dream expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities. For more information, please visit our website at: www.dream.ca.
Contacts
DREAM UNLIMITED CORP.
Deb Starkman
Chief Financial Officer
(416) 365-4124
dstarkman@dream.ca
Kim Lefever
Director, Investor Relations
(416) 365-6339
klefever@dream.ca
SmartCentres 2022 Third Quarter Results and Conference Call
TORONTO, Oct. 18, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) announced today that it will issue its financial results for the three and nine months ending September 30, 2022 on Friday, November 11, 2022. SmartCentres will hold a conference call on Monday, November 14, 2022 at 2:00… [Read More]
RioCan demonstrates leadership in ESG initiatives and recognition for ESG achievements
TORONTO, Oct. 18, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) is pleased to provide an update on its environmental sustainability initiatives. The Trust is also proud to announce its 2022 GRESB Assessments results and BOMA awards, highlighting the strength of its ESG program. “Responsible stewardship is essential… [Read More]
Allied Announces GRESB Score and Key ESG Achievements and Opportunities
TORONTO, Oct. 18, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) today announced its GRESB score and key ESG achievements and opportunities. In 2018, Allied’s Board and Management committed to the public scrutiny of its ESG performance by submitting to an annual GRESB assessment and publishing an annual ESG Report. Since… [Read More]
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