TORONTO, July 30, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for the three months ended June 30, 2024. “Our occupied and leased area remained steady in the second quarter, and our urban office portfolio continued to outperform the market,” said Cecilia Williams, President & CEO. “With utilization… [Read More]
Century Fire Protection Acquires Citadel Fire Sprinkler and Sentry Fire Protection
Tuck-Under Acquisitions Add Scale and Broaden Footprint in Existing Markets TORONTO, July 30, 2024 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Century Fire Protection (“Century”), has recently acquired Citadel Fire Sprinkler, Inc. (“Citadel”) and Sentry Fire Protection Co., Inc. (“Sentry”). The existing management teams of both businesses… [Read More]
Colliers Completes Acquisition of Englobe
TORONTO and LAVAL, Quebec, July 30, 2024 (GLOBE NEWSWIRE) — Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today it has completed its previously announced acquisition of a controlling interest of Englobe Corporation (“Englobe”), a leading Canadian multi-discipline engineering, environmental and inspection services firm. The acquisition represents Colliers’ entry into… [Read More]
Dream Unlimited Corp. Q2 2024 Financial Results Release Date, Webcast and Conference Call
TORONTO–(BUSINESS WIRE)–Dream Unlimited Corp. (TSX: DRM) (“Dream”) will be releasing its financial results for the quarter ended June 30, 2024, on Tuesday, August 13, 2024.
Senior management will be hosting a conference call to discuss the financial results. Participants may join the conference call by audio or webcast.
Conference Call:
Date: |
Wednesday, August 14, 2024 at 11:00 a.m. (ET) |
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Audio: |
1-844-763-8274 (toll free) |
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647-484-8814 (toll) |
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Webcast: |
A live webcast will also be available in listen-only mode. To access the simultaneous webcast, go to the Calendar of Events on the News and Events page on Dream’s website at www.dream.ca and click on the link for the webcast. |
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Digital Replay: |
A taped replay of the call will be available for ninety (90) days. For access details, please click on the Calendar of Events on Dream’s website. |
About Dream
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 $25 billion of assets under management across four Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We also develop land, residential and income generating 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
For further information, please contact:
Meaghan Peloso
Chief Financial Officer
(416) 365-6322
mpeloso@dream.ca
Kim Lefever
Director, Investor Relations
(416) 365-6339
klefever@dream.ca
Top-Producing Kaim Team Joins Real
25-agent team brings lifetime sales of $1.2 billion, significantly bolstering Real’s presence in Ohio
TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced that The Kaim Team, led by the brother-sister team of Michael Kaim and Tina Hivnor, has joined the company. Part of the fabric of the Cleveland real estate community for two generations, The Kaim Team brings 25 agents, becoming the largest team to represent Real in Ohio.
Following in their parents’ footsteps, Kaim and Hivnor began their real estate careers more than 27 and 37 years ago, respectively. They launched The Kaim Team in 2002. The team serves nine counties in Northeast Ohio, including Cleveland, Akron and Canton, and ranks among the Top 10 teams in the state, according to the Ohio Division of Real Estate.
“We’re thrilled to welcome Michael, Tina and their team to Real,” Real President Sharran Srivatsaa said. “They bring a shared commitment to service excellence and innovation, and we look forward to learning from them and seeing how they leverage Real’s industry-leading platform to further their success.”
Since its founding, The Kaim Team has sold more than 7,000 homes valued at $1.2 billion and has distinguished itself by being Realtors that home buyers and sellers and other agents want to work with.
“Real provides the best of both worlds. We will be able to continue to serve our clients the same way we have for over two decades, while giving our agents access to cutting-edge technology, world-class training and the financial upside that comes with access to health benefits resources and ownership in a fast-growing company,” Michael Kaim said.
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 20,000 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, expectations regarding Real’s ability to continue to attract agents.
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 14, 2024, 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
Planitar Inc. and FBS Partner to Streamline MLS Listings, Automatically Loading Property Data from iGUIDE 3D Virtual Tours and Floor Plans
Integration will enable agents to automatically populate listings on Flexmls Platform with rich media and detailed property information from iGUIDE, enhancing the accuracy and quality of MLS data.
WATERLOO, Ontario, & FARGO, N.D.–(BUSINESS WIRE)–Planitar Inc., makers of iGUIDE, a proprietary camera and software platform for capturing and delivering 3D virtual tours and property data, and FBS, the leading innovator of Multiple Listing Service (MLS) technology and creator of the Flexmls Platform, today announced a strategic partnership and platform integration. The Flexmls Platform empowers real estate professionals from 150+ MLSs with comprehensive access to property listings, market data, and business management tools, providing flexibility and autonomy in managing their operations. This integration will connect iGUIDE’s technology to the Flexmls Platform enabling Flexmls users to seamlessly upload iGUIDE property data, including room dimensions (length and width) and labels, directly into the Flexmls platform with a single click.
Previously, users manually transferred this data, making for a significantly more time consuming and error prone process. In addition to room dimensions and labels, agents will soon be able to upload rich property data including branded and unbranded iGUIDE virtual tours, precise floor plans, photos, and videos, enhancing their productivity and simplifying the listing entry workflow.
iGUIDE is renowned for its precise schematic floor plans, meeting rigorous standards such as ANSI Z765-2021 and RECA RMS with an uncertainty of 1% or less in property square footage, well within the industry’s 2% maximum allowable error. At the heart of iGUIDE’s accuracy lies the quick-capture PLANIX Camera System, which employs a time-of-flight 2D lidar system to capture thousands of measurements with each scan.
Accurate property dimensions, floor plans, and 3D virtual tours benefit not only the listing agent and seller but also potential buyers, enabling them to understand property layout and make informed decisions remotely. This streamlines the buying process and enhances overall market transparency.
“FBS is the first MLS software vendor to implement the RESO Common Format (RCF) standard for auto-populating property data into the listing form. Planitar has collaborated with RESO for several years and contributed to the development of this standard, which automates the entry of various data types already available in machine-readable format. iGUIDE data is RESO-certified as RCF standard compliant and ready for integration with any MLS software that supports it,” explains Alexander Likholyot, CEO and co-founder of Planitar Inc. “This listing form autofill not only saves agents time and effort, but also greatly improves the quality of MLS data by eliminating manual transcription errors for property measurements. In addition to text and measurement data, the RCF standard supports auto-populating listing media, eliminating the need for agents to manually download and upload their images or video. This process occurs seamlessly behind the scenes, enabling agents to simply review their listing.”
FBS has a long and proven track record of purposeful technology innovation and partnerships, including this partnership with iGUIDE, that simplify the user experience, ensuring the MLS remains the premier source of data and enriches the consumer experience.
Michael Wurzer, FBS President and CEO: “We’re continually looking to enhance the MLS customer experience for the 330,000+ real estate professionals across the US that we represent at FBS, and this partnership does that. iGUIDE’s expertise in floor plan analysis, measurement, and immersive 3D virtual tours enriches Flexmls, setting new standards for the listing process and property data sharing. This integration offers the licensing framework necessary for incorporating rich content into our customers’ MLS compilations, empowering them to uphold their status as the leading source of real estate data and media in their respective markets. Finally, it supports our mission to aggregate high-quality data and media, benefiting real estate practitioners and consumers.”
Featuring customizable branding, integration of neighborhood information, and built-in lead generation connecting potential buyers directly with listing agents, iGUIDE continues to provide agents with a comprehensive marketing tool.
For more information about iGUIDE, visit: goiguide.com.
About Planitar:
Founded in 2013 in Kitchener, Ontario, Canada, Planitar Inc. is the maker of iGUIDE, a proprietary camera and software platform for capturing and delivering immersive 3D virtual tours and extensive property data. iGUIDE is the most efficient system to map interior spaces and features accurate floor plans, measurements and reliable property square footage. By integrating floor plans and visual data, iGUIDE provides an intuitive and practical way to navigate and explore built environments digitally. For more, visit goiguide.com.
About FBS:
Nationally recognized and based in Fargo, North Dakota, FBS is the leading innovator and provider of MLS technology, currently serving 330,000+ real estate professionals on its premier Flexmls® Platform. Flexmls is one of many apps and software products built on the standards-driven Spark® API technology platform, the industry’s first and most utilized API. 100% employee-owned and with 45 years leading of industry leadership, FBS repeatedly achieves unmatched industry rankings for customer and user satisfaction, platform performance, and net promoter score (NPS). Learn more about FBS and the premier Flexmls Platform at www.WeAreFBS.com.
Contacts
Planitar Inc. Media Contact
Skylar Lawrence-LeBel
647-455-0585
skylar@planitar.com
StorageVault Congratulates Andre De Grasse on Being Named a Flag Bearer for Canada’s 2024 Olympic Team
TORONTO, July 25, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) is pleased to congratulate Andre De Grasse on being named one of Canada’s flag bearers for Paris 2024. Iqbal Khan, CFO of StorageVault commented: “While working with Andre, we came to know him as both an Olympic Champion and a… [Read More]
FirstService Reports Second Quarter 2024 Results
Strong Top-Line Growth Drives Financial Performance Operating highlights: Three months ended Six months ended June 30 June 30 2024 2023 2024 2023 Revenues (millions) $ 1,297.5 … [Read More]
Dream Industrial REIT Announces July 2024 Monthly Distribution
TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its July 2024 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The July distribution will be payable on August 15, 2024 to unitholders of record as at July 31, 2024.
Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at March 31, 2024, Dream Industrial REIT owns, manages and operates a portfolio of 330 industrial assets (550 buildings) comprising approximately 71.8 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to deliver strong total returns to its unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by its high-quality portfolio and an investment grade balance sheet. For more information, please visit our website at www.dreamindustrialreit.ca.
Contacts
For further information, please contact:
DREAM INDUSTRIAL REIT
Alexander Sannikov
President and Chief Executive Officer
(416) 365-4106
asannikov@dream.ca
Lenis Quan
Chief Financial Officer
(416) 365-2353
lquan@dream.ca
StorageVault Reports 2024 Second Quarter Results, Increases Dividend and Makes Changes to the Audit Committee and the Governance, Nominating and Compensation Committee
TORONTO, July 24, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2024 second quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “We are pleased to have more than doubled our projected acquisitions this year with $204.5 million announced or closed. For the first half of… [Read More]
Sustainable Infrastructure Dividend ETF Distributions
TORONTO, July 24, 2024 (GLOBE NEWSWIRE) — Middlefield Sustainable Infrastructure Dividend ETF (TSX: MINF) (the “Fund”) is pleased to announce that distributions for the third quarter of 2024 will be payable to unitholders of Middlefield Sustainable Infrastructure Dividend ETF as follows: Record Date Payable Date Distribution PerTrust Unit July 31, 2024 August 15, 2024 $0.04167… [Read More]
Middlefield Global Real Asset Fund Distributions
TORONTO, July 24, 2024 (GLOBE NEWSWIRE) — Middlefield Global Real Asset Fund (TSX: RA.UN) (the “Fund”) is pleased to announce that distributions for the third quarter of 2024 will be payable to unitholders of Middlefield Global Real Asset Fund as follows: Record Date Payable Date Distribution Per Trust Unit July 31, 2024 August 15, 2024… [Read More]
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