TORONTO, June 23, 2025 (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 July 15, 2025 to holders of Common Shares of record on June 30, 2025. The Company… [Read More]
Primaris REIT Publishes Inaugural Green Finance Framework
TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris”) (TSX: PMZ.UN) announced today that it has published its inaugural Green Finance Framework (the “Framework”), under which it may issue green bonds, green loans or other related financial instruments. The framework outlines eight eligible categories for investment: green buildings, energy efficiency, renewable energy, sustainable water and wastewater management, clean transportation, climate change adaptation, pollution prevention and control, and the circular economy.
“As a Board member and Chair of the Compensation, Governance, and Nominating Committee, I’m pleased to support the introduction of our Green Finance Framework,” said Anne Fitzgerald, Trustee. “It’s a practical step that aligns with our broader sustainability strategy and helps ensure we’re investing in projects that support environmental progress in a thoughtful, responsible way.”
Rags Davloor, Chief Financial Officer added, “Today marks a significant step forward in our commitment to sustainability. With the publication of our Green Finance Framework, we are aligning our environmental goals and targets with business strategy. Proceeds from green financing will support our focus on emissions reduction, building certifications, energy and water management, and tenant sustainability impacts, while creating long-term value for our stakeholders.”
The Framework has been reviewed by Moody’s Ratings, which issued a Second Party Opinion confirming the Framework’s alignment to the International Capital Market Association Green Bond Principles (2021) and the Loan Market Association Green Loan Principles (2025).
Primaris will report annually on the allocation and impact of financed projects under the Framework on its website, and/or in its corporate reporting. The Framework and Second Party Opinion are available on the ESG section of the Primaris website.
Advisor
Scotiabank acted as sole sustainability structuring agent on the Framework.
About Primaris Real Estate Investment Trust
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 15.0 million square feet, valued at approximately $4.9 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris 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.
Forward-Looking Statements
Certain statements included in this news release constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws. The words “will”, “expects”, “plans”, “estimates”, “intends” and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Specific forward-looking statements made or implied in this news release include but are not limited to statements regarding: Primaris’ intention and ability to complete an offering of green bonds, green loans or other related financial instruments, Primaris’ expected investment in the eligible categories outlined herein and the expected sufficiency of proceeds from any such offering to fund these investments and to create long-term value for stakeholders. Forward-looking statements are provided for the purpose of presenting information about management’s current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. These statements are not guarantees of future performance and are based on estimates and assumptions that are inherently subject to risks and uncertainties. Primaris cautions that although it is believed that the assumptions are reasonable in the circumstances, actual results, performance or achievements of Primaris may differ materially from the expectations set out in the forward-looking statements. Material risk factors and assumptions include those set out in Primaris’ management’s discussion and analysis for the three months and years ended December 31, 2024 and 2023, which is available on SEDAR+, and in Primaris’ other materials filed with the Canadian securities regulatory authorities from time to time. Given these risks, undue reliance should not be placed on these forward-looking statements, which apply only as of their dates. Other than as specifically required by law, Primaris undertakes no obligation to update any forward-looking statements to reflect new information, subsequent or otherwise.
For more information:
TSX: PMZ.UN
www.primarisreit.com
www.sedarplus.ca
Contacts
Alex Avery
Chief Executive Officer
416-642-7837
aavery@primarisreit.com
Rags Davloor
Chief Financial Officer
416-645-3716
rdavloor@primarisreit.com
Claire Mahaney
VP, Investor Relations & ESG
647-949-3093
cmahaney@primarisreit.com
Timothy Pire
Chair of the Board
chair@primarisreit.com
Urbanfund Corp. Declares Dividend
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 20, 2025 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), announces that the Board of Directors of the Company has declared a dividend of $0.0125 per common share… [Read More]
Northview Residential REIT Announces June Distribution
Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, June 19, 2025 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its June 2025 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of… [Read More]
Flagship Communities Real Estate Investment Trust Wins the Kentucky Manufactured Housing Institute’s Highest Award for the Fourth Consecutive Year
Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, June 19, 2025 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MHC.UN) (“Flagship” or the “REIT”) today announced that its Derby Hills Pointe community in Alexandria, Kentucky, has been recognized as the 2025 Community of the Year by the… [Read More]
Taskrabbit Reimagines the Retail Customer Experience, Launching New Integrated Solutions for Partners
New fixed-rate Partner Pages offer seamless service integration at checkout — enhancing the customer experience, reducing support costs, and driving revenue for retail partners
SAN FRANCISCO–(BUSINESS WIRE)–#taskrabbit—Taskrabbit, the platform connecting people to skilled, reliable Taskers from their local communities, today announced the launch of Taskrabbit Partner Pages: custom landing pages that enable retailers to offer Taskrabbit services as a value-add for their customers and eliminate purchase objections based on assembly or installation. This turnkey solution from Taskrabbit is purpose-built to be configurable, offering services tailored to the customer’s needs around their purchase and a streamlined experience that together drive conversion and satisfaction for partner brands.
The U.S. launch includes Windmill, TUSHY, UPLIFT Desk, and Arcade1Up, each now offering streamlined booking experiences through co-branded Taskrabbit Partner Pages, which have also launched in the U.K. with Danetti and Millie & Jones. Customers shopping with these retailers can schedule assembly or installation help at a fixed price, with automatic matching to a qualified Tasker — no price negotiation, no added fees.
“With our new Taskrabbit Partner Pages, we’re giving retailers a powerful new way to drive conversion, reduce post-purchase friction, and ultimately grow customer brand loyalty,” said Ania Smith, CEO of Taskrabbit. “This is just the beginning for our B2B solutions — the Partner Page Program is the first in a suite of offerings we’re building to help our partners deliver long-term added value to their customers, starting at the point of purchase. Just like our other home services, we want people to enjoy their homes — including what they’ve purchased for them from our partners — without the hassle of maintenance, chores, and projects.”
“Taskrabbit is a game-changer for a fast-growing startup like Windmill,” said Mike Mayer, Co-CEO of Windmill. “While we pride ourselves on creating an easy-to-install, modern air conditioner, many of our customers prefer to avoid the hassle of doing it themselves. This seamless service integration elevates our customers’ experience and, in turn, fuels our growth, allowing us to focus on product innovation while ensuring every customer receives quick, reliable installation.”
“For many of our customers, an UPLIFT Desk is a necessity. Taskrabbit ensures physical limitations never prevents access to this essential ergonomic support,” said Daniel Burrow, Vice President of Growth & Marketing at UPLIFT Desk. “We see Taskrabbit as an extension of our commitment to the customer. It helps us deliver not just a product, but a complete, ready-to-use wellness solution.”
In conversations with partners, Taskrabbit found that they were more willing to introduce Taskrabbit services to their core customer purchase journey if a tailored experience and fixed pricing were available. Based on initial data from partners who have done so, the result is increased sales and more customers taking advantage of the offered services — with Taskrabbit bookings increasing as much as 3x.
Taskrabbit Partner Pages mark a strategic next chapter in Taskrabbit’s plan to provide even more value-add services to businesses. Building on the success of its longstanding partnership with IKEA, Taskrabbit is now expanding its partner offerings, targeting a broader ecosystem of retailers and manufacturers. Taskrabbit empowers brands to offer reliable, on-demand services — like furniture assembly, TV mounting, appliance installation, and home improvement — at the point where consumers are making purchase decisions, enhancing the post-purchase experience.
The program is an ideal solution for companies looking to enhance the customer experience without introducing additional friction or disconnected service touchpoints. They can capitalize on Taskrabbit’s expertise, capabilities, and broad service area across eight countries in North America and Europe. Additionally, Taskers benefit from a consistent stream of confirmed, predictable jobs while gaining exposure to new customers across partner channels for future bookings.
How it works:
- Fixed pricing: Each task is priced upfront based on pre-set prices for selected services
- Auto-match system: Customers are automatically paired with a qualified, available Tasker
- Optionality for Taskers: Taskers can choose which partners they work with via the Tasker app
- Clear task info: Job invitations include detailed expectations and item/service lists
For more information, visit www.taskrabbit.com/blog/partner-lp.
About Taskrabbit
Taskrabbit is a global digital platform that connects people seeking help with household tasks — such as furniture assembly, TV mounting, moving, and home improvements — to skilled, reliable Taskers in their communities. Acquired by the Ingka Group (IKEA) in 2017, Taskrabbit operates in thousands of cities across eight countries: Canada, France, Germany, Italy, Portugal, Spain, the United Kingdom, and the United States. Taskrabbit is also available in 200+ IKEA stores worldwide.
To find out more, please visit www.taskrabbit.com or join the conversation with @Taskrabbit on Instagram, TikTok, Facebook, X, LinkedIn, Pinterest, and YouTube.
Contacts
Taskrabbit PR Team
Press@taskrabbit.com
Granite REIT Declares Distribution for June 2025
TORONTO–(BUSINESS WIRE)–Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit for the month of June 2025. The distribution will be paid by Granite on July 15, 2025 to unitholders of record at the close of trading on Monday, June 30, 2025.
Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of June 30, 2025, pursuant to United States Treasury Regulation Section 1.1446-4.
ABOUT GRANITE
Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 144 investment properties representing approximately 63.3 million square feet of leasable area.
OTHER INFORMATION
Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval+ (SEDAR+) which can be accessed at www.sedarplus.ca and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov. For further information, please see our website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Senior Director, Legal & Investor Services, at 647-925-7504.
Contacts
Teresa Neto
Chief Financial Officer
647-925-7560
Andrea Sanelli
Senior Director, Legal & Investor Services
647-925-7504
Ownright Launches Developer Platform to Power Canadian Proptechs
This new platform enables proptechs to integrate Ownright’s trusted legal services directly into their products, improving transaction speed, transparency, and client experience
TORONTO–(BUSINESS WIRE)–Ownright, Ontario’s trusted legaltech company for real estate transactions, today announced the launch of the Ownright Developer Platform, a suite of APIs and tools that allows proptech companies to embed legal closing services directly into their platforms. By opening up its infrastructure, Ownright is empowering developers to build seamless, client-first closing experiences at scale.
As Canada’s proptech market continues its rapid expansion, expected to grow at a CAGR of 17.6% from 2023 to 2030, the need for interoperable, scalable solutions has never been more urgent. The Ownright Developer Platform offers exactly that, a foundational infrastructure that allows forward-thinking real estate companies to deliver more cohesive client experiences, streamline operations, and build innovative digital workflows around real estate closings.
“Buying a home is one of the biggest moments in someone’s life, and we want to make that experience better, not just through Ownright, but by supporting the platforms people already trust,” said Robert Saunders, co-founder and CEO of Ownright. “This launch is about helping our partners grow by giving them the tools to build smoother, more transparent closing experiences right into their products. We’re proud to play a meaningful role in shaping a more seamless homeownership journey for Canadians.”
With the Ownright Developer Platform, proptech companies can seamlessly embed trusted legal services into their products. This plug-and-play infrastructure streamlines operations, reduces manual work, and provides real-time visibility into transactions, helping partners scale faster and deliver a transparent, digital-first experience to users.
What’s included in the Ownright Developer Platform?
- Refer clients instantly: Trigger legal service handoffs with a single API call with no manual coordination required.
- Track closing status in real time: Monitor the full closing journey via API and keep your users in the loop with up-to-date timelines and statuses.
- Receive webhook notifications: Get automatic alerts as key events happen, like when a transaction closes, so your platform stays in sync without polling or delays.
“As a tech-first real estate brokerage, Buy.ca values seamless communication and digital efficiency – areas where Ownright truly excels,” said Senthu Velnayagam, co-founder and CEO of Buy.ca. “In an industry often slowed by outdated processes, their transparent and user-friendly closing experience has been a breath of fresh air for our team, agents, and clients. Now, with the launch of their developer portal, we can integrate Ownright directly into Buy.ca’s search platform and enhance our planned client portal. We’re very excited about this update as it will empower our clients with timely access to critical information and resources, and help us build an even better client experience.”
This launch reinforces Ownright’s broader mission to simplify the homeownership journey by making real estate transactions more accessible, transparent, and efficient. By empowering partners with easy-to-integrate legal solutions, Ownright is not only enhancing the closing experience for buyers, sellers, and agents but also driving a digital transformation that benefits the entire Canadian real estate ecosystem.
To learn more, please visit: https://dev.ownright.com
About Ownright
Ownright is Ontario’s trusted law service for real estate transactions, designed to simplify home transactions through seamless automation, expert legal guidance, and a client-first approach. With thousands of transactions completed and nearly $1 billion in total transaction value, Ownright is the trusted legal partner for homebuyers, sellers, and real estate professionals across Ontario. Previously Doormat, the company rebranded to Ownright in 2025. For more information, visit www.ownright.com.
Contacts
Media Contact:
Samantha Berdini
Senior Account Manager, Category Communications
samantha@categorycomms.com
647-238-5256
StorageVault Announces Quarterly Dividend for Q2 2025
TORONTO, June 17, 2025 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX announced today that a quarterly dividend of $0.002961 per common share (“Common Share”) will be payable on July 15, 2025 to shareholders of record on June 30, 2025, with an ex-dividend date of June 30, 2025. This dividend has been… [Read More]
Université de Moncton and Dassault Systèmes Partner to Solve Urban Development Challenges in Canada with Virtual Twins
- New project, announced at VivaTech 2025, aims to address housing, urban densification and ecological conservation challenges in the southeastern region of New Brunswick
- Collaborative virtual environments will enable stakeholders to model, analyze and plan sustainable solutions for growing populations in Dieppe and Moncton
- Dassault Systèmes will use its 3DEXPERIENCE platform to create a virtual twin of a zone in New Brunswick enriched with territorial data from the Université de Moncton and other local partners
VELIZY-VILLACOUBLAY, France–(BUSINESS WIRE)–#3DEXPERIENCE—Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) and the Université de Moncton, Canada’s largest French-language university outside Québec, today announced the launch of a new project aimed to solve housing, urban densification and ecological conservation challenges in the southeastern region of New Brunswick, Canada. The partnership was signed at VivaTech 2025 in Paris.
The six-month project will develop collaborative virtual environments to model, analyze and plan sustainable urban development in the cities of Dieppe and Moncton – two of Canada’s fastest growing metropolitan areas in the last 20 years – all while establishing a protected wildlife corridor in the southeastern part of New Brunswick.
In addition to the Université de Moncton and Dassault Systèmes, the project brings together several Canadian partners: the cities of Dieppe and Moncton, the Southeast Regional Service Commission, Collège Communautaire du Nouveau-Brunswick, and the New Brunswick-based businesses Black Arcs and Remsoft.
Dassault Systèmes will use its 3DEXPERIENCE platform to create, maintain and analyze a virtual twin of a zone in New Brunswick measuring approximately 386 miles² (1,000 km²). This virtual twin is enriched with territorial data on buildings, zoning, mobility, biodiversity and more, provided by the partners.
Stakeholders will use this virtual twin to share information, test and evaluate different planning scenarios, evaluate the impacts of urban densification, and make informed decisions to optimize housing planning and preserve ecological corridors that are essential to the region’s environmental wellbeing.
“Our partnership will enable the Université de Moncton to benefit from a large-scale territory virtual twin that is delivered quickly through a managed solution that reduces costs and risks. Local stakeholders will be able to simulate what-if scenarios, evaluate options and take informed decisions – all on the 3DEXPERIENCE platform – to solve complex real-life challenges and optimize quality of life in the region of New Brunswick,” said Josephine Ong, Vice President, Cities and Public Services Industry, Dassault Systèmes.
“This partnership with Dassault Systèmes positions the Université de Moncton at the forefront of digital innovation applied to urban and environmental issues. We are proud to put our expertise at the service of a project with strong regional and international impact,” said Francis LeBlanc, associate vice-rector for research and dean of the Faculty of Graduate Studies and Research, Université de Moncton.
This collaboration was made possible thanks to the support of Opportunities New Brunswick (ONB), which played a key role in fostering the connection between Dassault Systèmes and the Université de Moncton.
“New Brunswick is truly a hub of innovation and collaboration. This partnership demonstrates the strength of the connections between research, industry, and regional development. Together, we are creating solutions that have a real local impact and significant global potential,” said Luke Randall, minister responsible for Opportunities New Brunswick.
This project represents an important step forward for urban development in New Brunswick. By combining Dassault Systèmes’ technology with local expertise, it will help plan city growth more effectively while protecting the environment. The approach could also serve as a model for other regions in Canada and beyond.
###
About Dassault Systèmes
Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 370,000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit: www.3ds.com
About the Université de Moncton
Founded in 1963 in New Brunswick, the Université de Moncton is the largest French-language university in Canada outside Quebec, with three campuses in Edmundston, Moncton and Shippagan. Its mission is to transmit knowledge, advance research and contribute to the development of its community, by training committed, creative people who are open to the world. The Université de Moncton also plays an important role in the development of the Acadian and francophone community, regionally, nationally and internationally. For more information, visit: www.umoncton.ca.
About Opportunities New Brunswick
Opportunities New Brunswick is a Crown corporation and the lead economic development agency for the Government of New Brunswick, Canada. It seeks to attract and support opportunities to stimulate the economy and create jobs by providing support services for businesses. For more information, visit: www.onbcanada.ca
Contacts
Dassault Systèmes Press Contacts
Corporate / France
Arnaud MALHERBE
arnaud.malherbe@3ds.com
+33 (0)1 61 62 87 73
North America
Natasha LEVANTI
natasha.levanti@3ds.com
+1 (508) 449 8097
EMEA
Virginie BLINDENBERG
virginie.blindenberg@3ds.com
+33 (0) 1 61 62 84 21
China
Grace MU
grace.mu@3ds.com
+86 10 6536 2288
Japan
Reina YAMAGUCHI
reina.yamaguchi@3ds.com
+81 90 9325 2545
Korea
Jeemin JEONG
jeemin.jeong@3ds.com
+82 2 3271 6653
India
Priyanka PANDEY
priyanka.pandey@3ds.com
+91 9886302179
AP South
Hazel FOO
hazel.foo@3ds.com
+65 8333 3484
Université de Moncton Press Contact
Direction des communications
Université de Moncton
communication@umoncton.ca
www.umoncton.ca
ERES Declares June 2025 Monthly Distribution
TORONTO, June 16, 2025 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the June 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit (the “June 2025 Distribution”), being equivalent to €0.06 per Unit annualized. The distribution… [Read More]
CAPREIT Announces June 2025 Distribution
TORONTO, June 16, 2025 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its June 2025 monthly distribution in the amount of $0.12917 per Unit (or $1.55 on an annualized basis). The June 2025 distribution will be payable on July 15, 2025 to Unitholders of record at the close… [Read More]