• Sign up for the Daily Digest Email!
  • Twitter
  • Facebook
  • Google Plus One
  • RSS

REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada

  • Home
  • Headlines
  • Daily Digest Email
  • Canadian REITs

Tetra Tech Wins $49.5 Million Environmental Remediation Services Contract

September 9, 2022 By Business Wire

PASADENA, Calif.–(BUSINESS WIRE)–#environment—Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Army Corps of Engineers (USACE), Los Angeles District, selected the Company to provide comprehensive environmental consulting and engineering services to assess and remediate sites in California, Nevada, and Arizona. The value of the indefinite delivery, indefinite quantity, multiple-award contract is $49.5 million over a period of five years.

Tetra Tech’s scientists, engineers, and geophysicists will provide technical services using real-time field data collection, advanced analytics, and GIS visualization platforms to support assessment and remediation activities. Tetra Tech received the first task order under the contract for $4.7 million to remediate 134 acres at a site in San Diego, California.

“Tetra Tech has supported the U.S. Army’s environmental cleanup programs for more than two decades,” said Dan Batrack, Tetra Tech Chairman and CEO. “We are pleased to continue using our Leading with Science® approach to support the USACE Los Angeles District to restore hazardous and contaminated sites.”

About Tetra Tech

Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 21,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, sustainable infrastructure, renewable energy, and international development. We are Leading with Science® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitter, and Facebook.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions (“Future Factors”), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section “Risk Factors” included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.

Contacts

Jim Wu, Investor Relations

Charlie MacPherson, Media & Public Relations

(626) 470-2844

BTB REIT Announces the Acquisition of a Class-A Industrial Property in Edmonton, Alberta

September 8, 2022 By NewsWire Tagged With: TSX:BTB.UN

MONTRÉAL, Sept. 8, 2022 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB” or the “REIT“) announces the acquisition of an industrial property located at 8743 50 Avenue NW in Edmonton, Alberta for a total consideration of 15.75M$, excluding transaction costs and adjustments. About the Acquisition Built in 1998, this 72,088 square foot industrial… [Read More]

Primaris REIT Announces Distribution for September 2022

September 8, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris REIT”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0667 per unit for the month of September, 2022, representing $0.80 per unit on an annualized basis. The distribution will be payable on October 17, 2022 to unitholders of record on September 30, 2022.

About Primaris REIT

Primaris REIT is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in dominant enclosed shopping centres in growing markets. The portfolio totals 11.3 million square feet and is valued at approximately $3.3 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris REIT 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.

Contacts

For more information:

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

TSX: PMZ.UN

www.primarisreit.com

Miner Limited, an OnPoint Group Company, Acquires Charles H. Hodges & Son

September 8, 2022 By Business Wire

Acquisition of four generation Maryland-based loading dock specialist supports Miner’s industry expertise and nationwide reach

PERRYSBURG, Ohio–(BUSINESS WIRE)–#acquisition—Miner Ltd., the dock and door division of OnPoint Group, has acquired Charles H. Hodges & Son, Maryland’s oldest and most reputable loading dock specialist. A single-source provider for the design, installation and maintenance of commercial dock and door equipment, Charles H. Hodges & Son has been a partner to both commercial and industrial customers for more than four generations. The company serves businesses across Maryland, DC, and Northern Virginia.

“We are thrilled to have the opportunity to welcome the Hodges team to the Miner family as we expand our reach in a critical market. The team at Hodges serves a well-established customer base and their industry expertise directly aligns with our mission of improving safety and efficiency at the loading dock,” said Miner President, Dave Wright.

A legendary name in the dock and door industry, Hodges installed the first dock leveler on the East Coast in Baltimore in 1954. Today the team is an established leader in this top 30 industrial property market and a top performing distributor for a variety of key product suppliers.

“For more than four generations we have focused on providing customers with the best professional sales, service and installations possible for their loading dock needs. Whether it’s a Fortune 500 company or a family business, we are equipped to meet the full breadth of our customers’ needs—especially now as Miner expands our capabilities and national reach,” said Charles H. Hodges & Son’s President, Jamie Hodges.

For additional information about Miner and Charles H. Hodges & Son visit www.minercorp.com or www.onpointgroup.com/mergers-acquisitions.

About Miner Ltd.

Miner Ltd., an OnPoint Group company, is the facility expert for docks and doors, improving safety and uptime while lowering costs for some of the largest industrial facilities and Fortune 500-class companies in North America. Our suite of proactive MinerCare services makes for smarter, safer loading docks with data-driven solutions. From real-time electronic evidence to equipment monitoring to asset management and expert installations, our mission is to mitigate risk and improve efficiency at the loading dock. Our service footprint includes the largest network of best in class service professionals nationwide delivering superior speed, consistency and results 24/7/365. Learn more at https://www.minercorp.com.

About OnPoint Group

OnPoint Group is changing the way companies manage material handling and critical facility services by driving productivity, increasing safety and lowering costs through custom engineered solutions, data-driven decisions and lifecycle management services. Headquartered in Perrysburg, OH, OnPoint Group’s portfolio of companies includes Miner, TrueSource, Concentric, and TFS, providing services in everything from forklift fleet management to forklift power, critical backup power, docks, doors and many critical facility maintenance trades. More than 1,700 industry professionals, 40,000 service affiliates and a scaling technology ecosystem support manufacturers, distributors and retailers nationwide with system-wide improvements, total cost control and risk mitigation. For more information, visit www.onpointgroup.com.

Contacts

Lexington Public Relations,

Suki Mulberg Altamirano

+1 646 265 0675 | suki@lexingtonpr.com

Julie Bonamy Racine Named Chief Executive Officer of CertainTeed Canada, Becoming its First Female Leader

September 8, 2022 By Business Wire

MISSISSAUGA, Ontario–(BUSINESS WIRE)–Saint-Gobain has named Julie Bonamy Racine as the Chief Executive Officer of CertainTeed Canada Inc., its Canadian building products subsidiary. Bonamy is CertainTeed Canada’s first female chief executive and succeeds Richard Juggery, who led the company for four years before being named CEO of Saint-Gobain Benelux in July.

Bonamy comes to her role in Canada after serving as CEO of Saint-Gobain Malaysia, Singapore and Indonesia. She joined the company in 2017 in Paris as Group Vice President, Strategy & Planning. Earlier in her career, Bonamy was a public servant, most recently as an adviser for the budget and digital sector for the Office of the French Minister for the Economy. She is a graduate of the Paris Institute of Political Studies (IEP de Paris) and the National School of Public Administration (Ecole Nationale d’Administration).

“From our acquisition of Kaycan to the creation of North America’s first zero-carbon wallboard plant, there has never been a more exciting time for our company in Canada, and we thank Richard Juggery for his leadership over the past four years,” Bonamy said. “I’m thrilled to join such a strong local team as we continue to grow our business and work to maximize our company’s positive impact, for our customers and the communities where we operate, while striving to minimize our environmental footprint.”

In Canada, Saint-Gobain and CertainTeed have 27 manufacturing locations and employ more than 2,200 people nationwide. The company is growing and has many exciting career opportunities available including positions in engineering, operations, sales and human resources. A complete listing of job openings at all Saint-Gobain and CertainTeed locations, including in Canada, can be found on the company’s website and on the Kaycan careers website.

Bonamy’s appointment as CEO comes after the company has taken several steps this year to strengthen its business and sustainability profile in Canada:

  • In July, Saint-Gobain finalized its $928 M USD acquisition of Kaycan, a family-owned manufacturer and distributor of exterior building materials, becoming the top siding player in Canada.
  • In June, the company announced plans to invest $91 M CAD to upgrade equipment at its CertainTeed Montreal wallboard manufacturing facility and reduce its carbon emissions by up to 44,000 metric tonnes/year, creating the first zero-carbon drywall plant in North America. The upgrades will also increase the plant’s production capacity by up to 40%.
  • Earlier this year, Saint-Gobain announced a multi-faceted partnership with Habitat for Humanity Canada to build affordable housing in several communities where the company operates. The company will donate construction material solutions and cash to Habitat for Humanity projects across the country.
  • In March, the company announced it would install heat recovery technology at its CertainTeed gypsum manufacturing site in Vancouver, British Columbia, which will reduce the plant’s carbon dioxide emissions by 10% and improve its energy efficiency.

About CertainTeed

Through the responsible development of innovative and sustainable building products, CertainTeed, headquartered in Malvern, Pennsylvania, has helped shape the building products industry for more than 115 years. Founded in 1904 as General Roofing Manufacturing Company, the firm’s slogan “Quality Made Certain, Satisfaction Guaranteed,” inspired the name CertainTeed. Today, CertainTeed is a leading North American brand of exterior and interior building products, including roofing, siding, solar, fence, railing, trim, insulation, drywall and ceilings. www.certainteed.ca.

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group’s commitment is guided by its purpose, “MAKING THE WORLD A BETTER HOME”.

€44.2 billion in sales in 2021

167,000 employees, located in 76 countries

Committed to achieving Carbon Neutrality by 2050

For more details on Saint-Gobain, visit http://www.saint-gobain.com and follow us on Twitter @saintgobain.

Contacts

Media
David Rosen

Saint-Gobain

Corporate Communications

Media@saint-gobain.com

Fuel Transport Launches Ambitious Expansion With a $43M Warehouse Acquisition in Brampton, Ontario to Strengthen Supply Chain and Offer Unparalleled Shipping Access for North American Businesses

September 8, 2022 By Business Wire

GTA flagship warehouse will help ease the bottleneck of goods that’s frustrating consumers by offering corporate customers efficient access to key markets on both sides of the border.

MONTREAL–(BUSINESS WIRE)–Fuel Transport, a leading North American logistics and transportation company, announces the acquisition of a $43-million dollar, 122,442 square foot warehouse in the community of Brampton, Ontario to boost supply chain resiliency and bring unprecedented flexibility and access to clients looking to do business across Canada and the United States.

Located at 35 Precidio Court in Bramalea Business Park, the warehouse is strategically located in a GTA hub for logistics and transportation, surrounded by a high density of industries ranging from food and beverage to health and life sciences. The warehouse is advantageously positioned in proximity to key transportation access points including Pearson International Airport and the 400 series of highways. The warehouse acquisition optimizes Fuel’s North American network, making the new Brampton facility a gateway for centralized access to key markets on both sides of the border. The pandemic drove home the need to rebuild supply chain resilience and self-sufficiency by reshoring manufacturing. Fuel’s announcement is well-timed for U.S. clients who’ve either seen an overwhelming return of overseas production from Asia or plan to in the next three years, according to Kearney’s 2021 Reshoring Index.

“Toronto is a major market for Canadian imports and exports; it’s the gateway to Eastern Canada,” said Peter Perrella, Vice President, Operations at Fuel Transport. “This is an innovative, highly efficient solution for clients that brings them closer to their service regions. Warehousing compliments the logistics side of our business, and is going to bring value to U.S. and Canadian clients. It will also spin-off benefits that’ll reduce transport and shipping backlogs which have been frustrating consumers.”

This flagship warehouse in Brampton is another important milestone in Fuel’s strategic ambition to develop a first-class warehouse portfolio, bringing the combined space of Fuel’s warehouse network to over one million square feet of capacity.

“This $43-million dollar investment is part of a bigger, consistent strategy we’ve had since day one to be a value-added logistics provider across North America, by bolstering our hybrid model of non-asset and asset-based solutions, and helping to optimize our clients’ business,” said Robert Piccioni, CEO and founder of Fuel Transport. “We’re able to leverage Fuel’s fiscal strength to continuously re-invest in the industry; in our people, our training and systems, our truck and bulk divisions, and owned assets, like 35 Precidio Court in Brampton.”

To serve the surrounding corporate community better, the warehouse will feature 3PL and 4PL services and seven shipping doors. The facility supports 24 feet of clearance height with a centralized command structure that provides 360-degree sight lines. The warehouse will also offer a full suite of fulfillment services, including pick-and-pack, long or short-term storage, support and integration of technology through Tecsys WMS and the option of being fully managed by Fuel.

About Fuel Transport

Fuel is a logistics transportation company that provides creative solutions for a wide variety of industries across North America. Serving industries including aerospace, automotive, food and beverage, retail and pharmaceuticals, Fuel offers a hybrid-model solution that consists of both non-asset and asset-based services. Fuel has a network of carriers and a sales force working across North America with offices in Montreal, Toronto, Chicago and Mexico. To learn more, visit www.fueltransport.com.

Contacts

For media inquiries and further information, please contact:

Lara Watson

Account Manager, PR & Influencer Marketing

YPR Canada

lara@yprcanada.com

Agatha Strati

Senior Marketing & Communications, Fuel Transport

agatha.strati@fueltransport.com

RESAAS Wins PropTech Breakthrough Award for Second Year Running

September 7, 2022 By NewsWire Tagged With: TSX VENTURE:RSS

RESAAS’s International Referral Platform Recognized as Best-in-Class Globally in both 2021 and 2022 VANCOUVER, BC, Sept. 7, 2022 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), (“RESAAS” or the “Company”), a technology platform for the real estate industry, today announced the Company has won the PropTech Breakthrough Award: Agent Match Solution of the Year for… [Read More]

A new eco-responsible project is born in Mont-Tremblant, thanks to an investment of over $40 million, offering an enchanting environment for nature lovers!

September 7, 2022 By Business Wire

Large, wooded lots for sale in the heart of Mont-Tremblant as part of a real-estate development project promoting the Tremblant Experience

MONT-TREMBLANT, Quebec–(BUSINESS WIRE)–Rooted in the deep family, human and ecological values of the Town of Mont-Tremblant, this subdivision project is the result of a partnership among successful businesspeople who each own a secondary residence in the area—Anna-Isabelle Morency-Botello, Louis-Philippe Therrien and the Harden family. Having proven themselves in their respective fields, these partners are proud to be able to apply their complementary skills to a shared passion: designing a sustainable real-estate development project that will contribute to the local and international reputation of the Town of Mont-Tremblant.

Focused on the daily living experience of its future owners, this project features high-quality constructions that highlight the exceptional natural heritage of Domaine Johannsen, located a mere 12 kilometres from the Tremblant ski resort and its charming pedestrian village.

“Not only does this project offer the warm atmosphere of a northern village, it also opens the door to an array of quaint boutiques and sunny terraces, a wide range of winter and summer sports activities, an abundance of restaurants and two internationally renowned schools,” explains Anna-Isabelle Morency-Botello, owner of a real-estate management company.

“This is an integrated project based on sustainable development and the eco-responsible management of spaces,” states Chris Harden, Harden’s Co-Chief Executive officer and General Director, and partner of the Domaine Johannsen project. “We invite you to make your everyday life bright and invigorating in these resort-like surroundings that respect the environment and provide a close-knit community feel,” adds Louis-Philippe Therrien, elite skier and property manager.

To inaugurate the project, a VIP event will be held on October 2, 2022, during which potential property owners will have the opportunity to choose from the best of the vast undulating lots available, starting at $89,000, on which to build the home of their dreams in the heart of an enchanted forest equipped with obstacle courses, trails and playgrounds.

For more detailed information on this development project and to register for the VIP launch event, visit https://domainejohannsen.com/.

About the project’s partners

Harden

Established in 1985, Harden is a second-generation family-owned real-estate company whose primary objective is to own and operate commercial, residential and industrial properties in numerous communities throughout the provinces of Québec and Ontario. Its vertical integration allows it to specialize in all facets of the real-estate development process, including development, construction, leasing, and property management.

For more information on Harden, visit www.harden.ca.

Anna-Isabelle Morency-Botello and Louis-Philippe Therrien

Anna-Isabelle and Louis-Philippe are owners of a property management company that owns 60 units in Montréal.

Anna-Isabelle holds an MBA from HEC Montréal as well as a Master’s Degree in Life Sciences and a Bachelor’s Degree in Law from Université de Sherbrooke. She is also a real-estate management consultant for a firm with over 500 units. She held the position of CEO for Québec-based flagship company Canus after working as a business lawyer at Norton Rose Fulbright Canada for 5 years.

Louis-Philippe has made his way through the ranks of elite-level downhill skiing. He was a member of the Mont-Tremblant competitive ski team for 10 years and won a gold medal at the Junior Ski World Championships in 1999. Holder of a Bachelor’s Degree in Kinesiology from the University of Ottawa, Louis-Philippe now has a brilliant career in business development and property management.

Contacts

For information and media relations:
Tia Giannone

Torchia Communications

514 999-1732

tia@torchiacom.com

Home Capital to Present at the Scotiabank 23rd Annual Financials Summit

September 7, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–Yousry Bissada, President and CEO of Home Capital Group Inc. (“Home Capital”) (TSX:HCG), will present at the Scotiabank 23rd Annual Financials Summit on September 8, 2022 at 3:30 p.m. ET.

A link to a live webcast of the presentation will be available on the date of the event on Home Capital’s website at www.homecapital.com/investors/events-and-presentations. An archived version of the webcast will be available following the presentation.

About Home Capital: Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank, offer deposits via brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Licensed to conduct business across Canada, we have offices in Ontario, Alberta, British Columbia, Nova Scotia, and Quebec.

Contacts

FOR ADDITIONAL INFORMATION:
Jill MacRae

VP, Investor Relations and ESG

416-933-4991

investor.relations@hometrust.ca

FLAGSHIP COMMUNITIES REIT TO STRENGTHEN PORTOLIO WITH ACQUISITIONS IN KEY MARKETS

September 6, 2022 By NewsWire Tagged With: TSX:MHC.U, TSX:MHC.UN

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO , Sept. 6, 2022 /CNW/ – Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U) (TSX: MHC.UN) announced today it has agreed to acquire two manufactured housing communities (“MHCs”) in key markets with the acquisition of properties in Louisville,… [Read More]

Colliers becomes market leader in Nordics

September 6, 2022 By Globenewswire Tagged With: TSX:CIGI

Acquisition adds dominant player in Sweden and Norway TORONTO, Sept. 06, 2022 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company, Colliers (NASDAQ and TSX: CIGI), announced today that it has agreed to acquire a controlling interest in Pangea Property Partners (“Pangea”), a leading capital markets advisor in Sweden and Norway. Pangea will… [Read More]

Colliers to create market leader in Nordics

September 6, 2022 By Globenewswire Tagged With: TSX:CIGI

Acquisition of Pangea Property Partners boosts EMEA presence, strengthens Nordic leadership and capital markets service offering LONDON and STOCKHOLM, Sweden and OSLO, Norway and HELSINKI, Finland and COPENHAGEN, Denmark, Sept. 06, 2022 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company, Colliers (NASDAQ and TSX: CIGI), announced today that it has agreed to… [Read More]

  • « Previous Page
  • 1
  • …
  • 211
  • 212
  • 213
  • 214
  • 215
  • …
  • 1155
  • Next Page »

Sign up for the Daily Digest Email!

Receive the latest news stories from the REIT Report every morning for FREE!

100% Privacy. No SPAM. We promise.

Daily Movers

Ticker News Price Chg Chg%
d.un:ca$14.92.7118.16%
csh.un:ca$9.340.545.78%
ax.un:ca$6.920.223.13%
kmp.un:ca$17.730.623.5%
nwh.un:ca$8.020.222.69%
mrt.un:ca$5.24-0.01-0.19%
grt.un:ca$81.72-0.11-0.13%
hot.un:ca$2.53-0.01-0.39%
fcr.un:ca$15.35-0.05-0.32%
dir.un:ca$14.22-0.41-2.87%
 

Market Snapshot

  • Advertise
  • About
  • Contact
  • Privacy Policy

Copyright © 2025 · REIT REPORT