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 Q2 2022 earnings call transcript and investor update are now available on the REIT’s website and can be accessed by visiting the following links:

• Slate Grocery REIT – Q2 2022 earnings call transcript
• Slate Grocery REIT – Q2 2022 investor update

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 everyday 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)–Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities through IoT, Cloud and SaaS technology, has entered into a binding Letter of Intent (“LOI”) for a $10 Million HVAC and Automation project (the “Project”), through its wholly owned subsidiary, Global HVAC and Automation Inc. (“Global”). The project relates to a new high rise building in the Greater Toronto Area. The LOI represents a repeat order from an existing customer.

The Project has commenced in Q3 2022 and will be completed over the next 12 months. A final contract is anticipated to be completed in Q3 2022.

“This is a new order from an existing customer and demonstrates our ability to generate repeat business in our solutions and offerings,” said Paul Ghezzi, CEO of Kontrol Technologies. “As we work diligently to consolidate our technology platform, we can offer our customers a unified platform which includes building automation, ongoing software and service as well as large project integration. This unified approach is a key strategic initiative to drive ongoing and repeat business.”

The customer for the project described above is a leading Canadian developer in the multi-family high rise sector with a significant number of projects in various stages of development. For industry competitive purposes the customer will not be named.

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking statements in this press release include, but are not limited to, statements with respect to the following: entering into of the CDCC contract described in the press release and the timing of completion thereof; completion of the activities contemplated in the LOI and the timing thereof; and the Company’s future business plans and operations.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation: that sufficient capital will be available to the Company and that technology will be as effective as anticipated; that the Company will be able to enter into the final contract described in this press release on the terms and in the timeframe as currently anticipated; that the activities contemplated in the LOI will be completed on the timeframe as currently anticipated; and that the Company’s customers will continue to utilize the Company’s products as currently anticipated.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to the following: that the Company will not enter into the CDCC contract described in this press release on such terms as are currently anticipated, or at all; that the Company may encounter delays in carrying out the activities contemplated in the LOI; that sufficient capital and financing cannot be obtained on reasonable terms, or at all; that the Company’s technologies will not prove as effective as expected; that customers and potential customers will not be as accepting of the Company’s product and service offering as expected; and government and regulatory factors impacting the energy conservation industry.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

Contacts

Kontrol Technologies Corp.
Paul Ghezzi

CEO

info@kontrolcorp.com
601 Rowntree Dairy Road, Unit B

Vaughan, ON L4L 5T8

Tel: 905.766.0400

Technology, Real Estate and the Environment Come Together With the Release of Sustainable Proptech Canada Report 2022

TORONTO–(BUSINESS WIRE)–Sustainable PropTech, a collaborative think tank of industry leaders in real estate and technology, has released an extensive report on Sustainable PropTech as well as the opportunities and advancements within that field. This is a cohesive and deep dive into Canada’s sustainable property technology industry.

Sustainable PropTech, was founded by Deena Pantalone and Joanna Creed, the principals behind Venturon, a Canadian-owned investment group that consults with and makes strategic investments in Real Estate Technology start-up companies. Sustainable PropTech, is a community designed to help the industry navigate through the fast and ever-changing technology landscape and make an important contribution to ESG and Real Estate in Canada.

While the real estate industry has traditionally been slow to incorporate new innovations, that is rapidly changing with the introduction of new technology, products and services that are not only making the property industry more efficient, but also creating opportunities for the industry to be more sustainable. The report shows $326M in was invested into companies in the Canadian Sustainable Construction segment. This could help towards addressing affordability for new home purchasers as well as a myriad of environmental concerns.

The only report of this kind, it includes a comprehensive list of Canadian Sustainable PropTech companies, a Market Map of Canada’s Sustainable PropTech ecosystem, expert interviews, and an analysis of current Sustainable PropTech trends.

Sustainable PropTech Co-Founder, Deena Pantalone, said, “We connect the built world of real estate with sustainability experts, tech entrepreneurs, investors, and fresh thinkers. When it comes to protecting the planet, time isn’t on our side. That’s why our clear mission is to accelerate the achievement of sustainability goals.”

Joanna Creed, Sustainable PropTech Co-Founder adds, “This Report brings together a wealth of information, with usable data and important insights designed to help industry players share ideas. Collaboration is how the digitization of real estate can be accelerated, and our goal is to create real change.”

For more information on Venturon, visit www.venturon.com.

To receive the Sustainable PropTech Canada Report 2022, visit www.sustainableproptech.com.

ABOUT SUSTAINABLE PROPTECH

We are Sustainable PropTech, a meeting of minds where you can learn, connect, collaborate, and create the next generation of PropTech. Our community of innovators, forward-thinking individuals and thought leaders represent a full spectrum of organizations with commitments to strong ESG criteria.

We connect the built world of real estate with sustainability experts, tech entrepreneurs, investors, and fresh thinkers with the clear mission of accelerating the achievement of sustainability goals. Our platform helps innovators and thought leaders interact and share ideas that can create new innovations and real change.

SUSTAINABLE PROPTECH REPORT SPONSOR QUOTES:

“We’re starting to see a shift in the way property technology is adapting to improve building sustainability and meet building operator needs. The application of design principles such as digital twins and Passive House will set the stage for the future of sustainable urban development,”

Mansoor Kazerouni, Global Director, Buildings, IBI Group

“We’ve seen a growing focus by the real estate community on PropTech solutions as an enabler to assist in solving business issues. With real estate companies increasingly recognizing the urgency to accelerate their decarbonization efforts and the measurement of related efforts, sustainable PropTech will play a key role in addressing an emerging challenge today. We are proud to support the SUSTAINABLE PROPTECH CANADA REPORT that is filling the need for more information about sustainable PropTech and the innovative solutions that can help.”

Fred Cassano, National Real Estate Tax Leader at PwC

“ESG and technology are really relevant factors for young people entering this industry and becoming more progressive. So I would say pay attention to it, become knowledgeable and associate with people that really know what they’re talking about. Because this will be one of two or three things that shape our industry over the next few decades.”

Gary Whitelaw, former CEO, BentallGreenOak

“You all are onto something really interesting and important. Real estate is going through a major disruption, and you are on it.”

Richard Florida

Contacts

Media:
Carol King
Senior Account Executive
McOuat Partnership

Cell: 905-903-9059

carol@partnership.ca

NOVI, Mich.–(BUSINESS WIRE)–#onelineage–Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading and most innovative temperature-controlled industrial REITs and logistics solutions providers, today announced it has closed the acquisition of VersaCold Logistics Services (“VersaCold”).

The acquisition was first announced on April 13, 2022.

VersaCold is a leading cold chain solution provider in Canada that operates 24 temperature-controlled facilities spanning 114 million cubic feet of capacity across nine provinces. Its strategically-positioned network includes properties in Canada’s most populous metropolitan markets – including Toronto, Calgary, Vancouver, Edmonton and Montreal. VersaCold also runs an asset-based inbound and outbound transportation business out of nine terminals across the country, providing customers an integrated, coast-to-coast logistics solution.

“Welcoming VersaCold into the One Lineage family extends our Company’s reach in Canada and creates exciting opportunities to provide more efficient cross-border solutions for customers in North America and beyond,” said Greg Lehmkuhl, President and CEO of Lineage Logistics. “The combination of our complementary facility networks, our differentiated and fully integrated transportation offerings and our world-class teams creates an even more dynamic global organization – one that is committed to our purpose of transforming the food supply chain to eliminate waste and help feed the world.”

Wells Fargo Securities, LLC acted as the exclusive financial advisor to VersaCold and TorQuest and Stikeman Elliott LLP served as legal counsel. JP Morgan Chase and Scotiabank acted as Lineage’s financial advisors and Latham & Watkins as well as Bennett Jones acted as its legal counsel.

About Lineage Logistics

Lineage Logistics is one of the world’s leading temperature-controlled industrial REITs and logistics solutions providers. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 20 countries across North America, Europe and Asia-Pacific. Lineage’s industry-leading expertise in end-to-end logistical solutions, its real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was a 2022 U.S. Best Managed Company, No. 3 in the 2022 CNBC Disruptor 50 list, No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)

About VersaCold Logistics Services

VersaCold is one of Canada’s leading supply chain solutions companies focused exclusively on the handling of temperature sensitive food products. VersaCold delivers a suite of fully integrated logistics services through its national network of industry leading facilities, transportation fleet and advanced technologies that set the benchmark for accessibility, information visualization, real-time tracking and inventory management. VersaCold is proud to play a key role in ensuring the safety, quality and freshness of some of North America’s most beloved food brands, protecting the health and wellness of families across Canada from coast to coast. For more information about VersaCold, please visit www.versacold.com.

Contacts

Lineage Logistics
Megan Hendricksen

949.247.5172

mhendricksen@lineagelogistics.com

VersaCold Logistics Services
Brian Dove

416.557.3948

Brian.Dove@versacold.com