ST. LOUIS–(BUSINESS WIRE)–Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially all of the assets of HM Pipe Products, Inc. and HM Pipe Products Kitchener Inc. (collectively, HM Pipe Products), a Canadian distributor of water and wastewater products.

“With our expansion into Canada, we will achieve a key milestone for Core & Main. The team at HM Pipe Products has extensive market knowledge, an excellent reputation in the industry and strong customer connections,” said Steve LeClair, chair and CEO of Core & Main. “We plan to utilize our collective resources and combined expertise to address Canada’s water and wastewater infrastructure needs, providing significant future growth opportunities in the multibillion-dollar Canadian market.”

Established in 2010, HM Pipe Products is a trusted provider of a broad array of products to assist contractors and municipalities in Ontario with their waterworks infrastructure projects. Their experienced team operates from two locations in London, Ontario, and Kitchener, Ontario.

“It was important for us to partner with an established industry veteran who has a similar culture and dedication to exceptional service when entering the Canadian market. We found that in HM Pipe Products,” said Jack Schaller, president of Core & Main. “I look forward to welcoming them to Core & Main and collaborating with their team as we build out our presence in Canada.”

“I am very proud of what our team has accomplished since Fraser Metcalf and I founded the company in 2010,” said HM Pipe Products President, Rick Henry. “Fraser and I are excited to enter a new chapter as part of the Core & Main family. We feel a strong alignment of purpose with their team, and this partnership paves the way for us to support the Canadian water and wastewater industry with expanded resources and unmatched excellence.”

About Core & Main

Based in St. Louis, Core & Main is a leader in advancing reliable infrastructure™ with local service, nationwide®. As a leading specialized distributor with a focus on water, wastewater, storm drainage and fire protection products and related services, Core & Main provides solutions to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets, nationwide. With more than 350 locations across the U.S., the company provides its customers local expertise backed by a national supply chain. Core & Main’s nearly 5,500 associates are committed to helping their communities thrive with safe and reliable infrastructure. Visit coreandmain.com to learn more.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this press release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning Core & Main’s financial and operating outlook, as well as any other statement that does not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “could,” “should,” “forecasts,” “expects,” “intends,” “plans,” “anticipates,” “projects,” “outlook,” “believes,” “estimates,” “predicts,” “potential,” “continue,” “preliminary,” or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.

Additional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contacts

Investor Relations:
Robyn Bradbury, 314-995-9116

InvestorRelations@CoreandMain.com

Media Relations:
Jennifer Noonan, 314-750-9670

Jennifer.Noonan@CoreandMain.com

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.07 per unit for the month of July 2024, representing $0.84 per unit on an annualized basis. The distribution will be payable on August 15, 2024 to unitholders of record on July 31, 2024.

About Primaris Real Estate Investment Trust

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The portfolio totals 39 properties, or 12.5 million square feet valued at approximately $3.8 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.

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

FAIRFIELD, N.J. & MONTREAL–(BUSINESS WIRE)–#CommunityDevelopment–Live Work Learn Play, a renowned international expert in large-scale community development, and Technogym, a global leader in wellness and fitness, are pleased to announce an innovative strategic partnership to develop and activate healthy communities and thriving placemaking projects across North America. Live Work Learn Play’s dedication to conceiving, planning, and delivering healthy complete communities and vibrant mixed-use real estate projects aligns seamlessly with Technogym’s mission to promote comprehensive health and well-being.

The partnership aims to broaden access to and integrate best-in-class Technogym fitness, health and wellness equipment and technology within Live Work Learn Play’s communities, projects and relationships across North America. This will be achieved by leveraging Technogym’s unique wellness ecosystem to enable physical, mental, and social well-being throughout all stages of community development and operations, helping people lead longer, better, and healthier lives.

“We are thrilled to embark on this journey with Technogym to deliver and cultivate comprehensive and complete mixed-use health and wellness communities across North America,” said Max Reim, Chief Executive Officer, Co-Managing Partner & Founding Principal of Live Work Learn Play. “Technogym’s reputation as a global leader in fitness and wellness resonates deeply with our ethos and is 100% aligned with our mission at Live Work Learn Play. We have always recognized that our iconic projects must foster enduring community well-being for generations. This North America-wide collaboration empowers us to continue elevating, differentiating, and catalyzing our communities.”

Technogym is a global leader and brand in fitness, sport and health with a global presence in over 120 countries, including extensive presence in the United States, Canada, and Mexico. Every day over 70 million people train with Technogym all over the world. Live Work Learn Play specializes in fully integrated mixed-use wellness-based real estate and placemaking projects that incorporate a mix of housing, healthcare, education, sports and recreation, nutrition, life sciences, hotel and hospitality, arts and culture, and immersive retail and food & beverage experiences, with diversified economies and a range of employment opportunities.

“We are excited to collaborate with Live Work Learn Play and their stakeholders to deliver comprehensive, immersive and enduring wellness-focused communities and real estate projects throughout North America,” said Fabrizio Catania, Managing Director for Technogym. “This strategic partnership underscores Technogym’s dedication to increasing human performance and enhancing people’s lives through regular physical exercise, which perfectly aligns with Live Work Learn Play’s vision and mission. Together, we have a unique opportunity to expand our impact and deliver healthier, more vibrant communities, projects, and places.”

ABOUT LIVE WORK LEARN PLAY

Live Work Learn Play is a mission-based international real estate development and advisory firm on the cutting edge of conceiving, planning, developing, and activating dynamic, large-scale mixed-use projects, complete community developments and very special places across North America and the world. With over 100 years of collective experience, Live Work Learn Play creates communities that become sustainable destinations and thriving economies for generations.

https://lwlp.com/

ABOUT TECHNOGYM INC.

Founded in 1983, Technogym is a world-leading brand in fitness, wellness, sport, and health. Technogym provides a complete ecosystem made of connected smart fitness equipment, digital services, and training content. Thanks to the Mywellness Cloud Platform people can connect to their personal training experience anywhere, both on Technogym equipment and mobile devices. Technogym has over 2,500 employees and is present in over 120 countries. More than 85,000 wellness centers and 400,000 private homes in the world are equipped with Technogym. Technogym has been appointed Official Supplier to the Paris 2024 Olympics, the ninth time after Sydney 2000, Athens 2004, Turin 2006, Beijing 2008, London 2012, Rio 2016, Pyeongchang 2018 and Tokyo 2020, and it’s the reference brand for the training of worldwide champions.

https://www.technogym.com/

Contacts

MEDIA

Nadia Stolfi
Director, Communications & Community Development

Live Work Learn Play

519-993-6350

nadia@lwlp.com

Technogym Press Office
pressoffice@technogym.com

OLNEY, England–(BUSINESS WIRE)–Traka, an ASSA ABLOY company and a global leader in intelligent key management solutions, is pleased to be recognized as a winner of the prestigious Red Dot Award for Product Design. This honour is a testament to Traka’s commitment to innovation and excellence in design.

The Red Dot Award is a globally recognized competition that celebrates innovative products that significantly impact their respective fields. A panel of expert judges worldwide evaluates each submission, selecting only the most outstanding products demonstrating exceptional design quality. This year, 18,000 entries were reviewed, and only a select number of designers and manufacturers were bestowed this prestigious award as a badge of honour that recognizes excellence in design.

Traka’s Touch Pro line of intelligent key cabinet systems has been recognized for its design excellence. The latest design features a sleek, modern build that makes it easy to assemble, install, and configure in almost any space. Traka’s engineers have prioritized sustainability, creating a more robust, reliable, and secure solution that sets a new standard for the industry. The updated design offers extra depth and height, providing more room for organizing keys and access cards.

Perla Munhoz, Global Head of Product Design at ASSA ABLOY Group commented, “Winning the Red Dot award for our Traka Touch Pro fills us with immense joy, confirming we’re on the right path. In a market of similar boxy designs, our intelligent key cabinet stands out with its functional and elegant design, respecting both its environment and users. This success highlights our team’s talent, innovation, and dedication, transforming a mundane design into something extraordinary.”

Further commenting on the achievement, Mike Rimmington, Senior Vice President & Head of Key and Asset Management, ASSA ABLOY Global Solutions, said, “I am thrilled that our Touch Pro series has been recognized as a 2024 Red Dot Winner for innovation. This award reflects our team’s dedication and expertise at Traka, making a significant impact in the industry. I am grateful for our customers’ trust as this recognition validates our mission to provide innovative solutions that improve lives. This award reaffirms our commitment to innovation and customer satisfaction, and we will continue to push the boundaries of what’s possible with our technology. My heartfelt congratulations to our entire team. I look forward to seeing what the future holds for Traka.”

Wayne Stant, Product Director for Traka added, “We knew following in the footsteps of the popular Traka Touch key cabinet range was going to be no small feat. Designing the Traka Touch Pro required a monumental team effort, involving insight from right across the business, ASSA ABLOY Group, our partners and most importantly, our customers. Accomplishing this in the middle of a pandemic was amazing to be part of and is now being rewarded with market success. We’re delighted to receive the prestigious Red Dot award as an extra validation of all our hard work.”

About Traka:

Traka is part of ASSA ABLOY Global Solutions, which provides safe and sustainable cutting-edge technology solutions for physical and digital access management control. As a full solutions provider, ASSA ABLOY Global Solutions is part of the wider ASSA ABLOY Group. Being a global leader in access solutions, the Group operates worldwide with 61,000 employees and holds leading positions in areas such as efficient door opening, trusted identities, and entrance automation.

Traka is the global leader in intelligent management solutions for keys and equipment. Their solutions help organizations better control their important assets, improving productivity and accountability, and reducing risk in critical processes. Traka continuously invests in the development of technology to provide leading, innovative, secure, and effective real-world solutions to the challenges that organizations face in managing keys and equipment. Their solutions are tailored to customer needs and requirements, providing the most value and impact on their business.

Traka is a global organization with local support working to define processes, being local when you need us and global when it counts.

Learn more about Traka and its full line of key and asset management solutions for nearly every industry sector at www.traka.com.

Contacts

cobarski@daltonagency.com

Firm’s First Dedicated Team in Canada Includes Research Head Fred Blondeau and Six News Reporters Covering the Country

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–#GreenStreet—Green Street, the preeminent provider of commercial real estate intelligence, is expanding its near 40 years of trusted expertise and unbiased insights into Canada. Green Street’s new Canada coverage will include exclusive News as well as Research and Data/Analytics, initially focused on the public market with a plan for private market data and insights to follow.

The Canada Research offering will ultimately include coverage of approximately 15 REITs operating in five property sectors – Apartment, Industrial, Senior Housing, Office, and Retail – with a report suite comparable to the U.S. and Europe models within Green Street’s SaaS platform. REIT data will include weekly pricing sheets, Buy/Hold/Sell recommendations, detailed NAV models, and data downloads with 75+ portfolio earnings and valuation metrics including 5-year earnings forecasts. The research and data product will ultimately expand to cover 10 private markets as well.

“We’re thrilled to have on board Fred Blondeau and Gaurav Mathur to lead our Canadian research, bringing their 30+ years of commercial real estate experience in Canada to further enhance our industry leading global research team,” said Cedrik Lachance, Director of Research. “Combining the analysts’ deep market expertise with Green Street’s independence, proprietary methodologies, and a proven track record – enables us to launch a differentiated product that adds value to the growing market and helps our clients generate alpha.”

Green Street News – Canada Edition delivers comprehensive bulletins with exclusive scoops and market intelligence from an esteemed team of journalists located across Canada reporting on all key property sectors and asset classes. T.J. Foderaro, Editor-in-Chief of Green Street’s News division, will oversee the firm’s 50+ global editorial team including: Jenna Cocullo (Montreal/Quebec all sectors), Zoe Demarco (Toronto Office & Hotels), Rahul Gupta (Toronto Industrial, Data Centres & Self-Storage), Laura Hanrahan (Toronto Multifamily & Retail), Matt Lamers (Toronto Financing & Industrial), and Jeremy Nuttall (Vancouver, Calgary & Edmonton all sectors).

Jeffry Stuek, Jr., Chief Executive Officer, said, “Our presence in Canada is an exciting milestone for Green Street’s global expansion strategy. Our added insight, innovation, and capabilities will help us deliver on our mission to empower the global commercial real estate industry and expand our industry leading insight to continue providing value to our growing customer base.”

For additional information on Green Street’s new Canada coverage, click here for more product details or watch this brief clip to hear from Chief Revenue Officer, Kris Hoffman.

About Green Street

Green Street is the preeminent provider of actionable commercial real estate research, news, data, analytics, and advisory services in the U.S., Canada, and Europe. For nearly 40 years, Green Street has delivered unparalleled intelligence and trusted data on the public and private real estate markets, helping investors, banks, lenders, and other industry participants optimize investment and strategic decisions. The firm delivers exclusive market information, conclusion-driven insights, and predictive analytics through a SaaS platform. To learn more, please visit www.greenstreet.com.

Contacts

Media Contact
media@greenstreet.com
(949) 640-8780