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CROMBIE REIT ANNOUNCES VOTING RESULTS AND ELECTION OF TRUSTEES

May 13, 2022 By NewsWire Tagged With: TSX:CRR.UN

NEW GLASGOW, NS, May 13, 2022 /CNW/ – Crombie Real Estate Investment Trust (“Crombie”) (TSX: CRR.UN) is pleased to announce the election of each of the nominees proposed for election at the annual general meeting of unitholders held on May 12, 2022. The vote was conducted by ballot through the facilities of the webcast. In… [Read More]

Summit Industrial Income REIT Announces May 2022 Cash Distribution

May 13, 2022 By NewsWire Tagged With: TSX:SMU.UN

TORONTO, May 13, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today a $0.0484 per Unit cash distribution to be paid on June 15, 2022, to Unitholders of record on May 31, 2022.   Summit II’s amended and restated distribution reinvestment plan (“DRIP”) provides residents of Canada the opportunity… [Read More]

CROMBIE REIT ANNOUNCES MAY 2022 MONTHLY DISTRIBUTION

May 13, 2022 By NewsWire Tagged With: TSX:CRR.UN

 NEW GLASGOW, NS, May 13, 2022 /CNW/ – Crombie Real Estate Investment Trust (“Crombie“) (TSX: CRR.UN) today announced a distribution of $0.07417 per unit for the period from May 1, 2022, to and including May 31, 2022. The distribution will be payable on June 15, 2022, to unitholders of record as at May 31, 2022…. [Read More]

AMERICAN HOTEL INCOME PROPERTIES REIT LP ANNOUNCES MAY 2022 U.S. DOLLAR CASH DISTRIBUTION

May 13, 2022 By NewsWire Tagged With: TSX:HOT.U, TSX:HOT.UN

(numbers are in U.S. dollars unless otherwise indicated) VANCOUVER, BC, May 13, 2022 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.V) announces a U.S. dollar cash distribution of $0.015 per limited partnership unit (“Unit”) for May 2022, which is equivalent to U.S. dollar $0.18 per Unit on an annualized… [Read More]

CT REIT Declares Distribution for the Period of May 1, 2022 to May 31, 2022

May 13, 2022 By NewsWire Tagged With: TSX:CRT.UN

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, May 13, 2022 /CNW/ –  CT Real Estate Investment Trust (“CT REIT”) (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of May 1, 2022 to May 31, 2022 of $0.06994 per trust… [Read More]

CT REIT Declares Distribution for the Period of May 1, 2022 to May 31, 2022

May 13, 2022 By NewsWire Tagged With: TSX:CRT.UN

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, May 13, 2022 /CNW/ –  CT Real Estate Investment Trust (“CT REIT”) (TSX: CRT.UN) announced today that the trustees of CT REIT have declared a distribution for the period of May 1, 2022 to May 31, 2022 of $0.06994 per trust… [Read More]

Fiberon Breaks Ground on 500,000 Square-foot Manufacturing Facility in Columbia, Tennessee

May 13, 2022 By Business Wire

Will create more than 300 full-time jobs over the next five years

MAUMEE, Ohio–(BUSINESS WIRE)–Fiberon, a leading manufacturer of outdoor living products, broke ground on a new manufacturing facility in Columbia, Tennessee, Tuesday, May 10. The facility is expected to be at least 500,000 square feet and is being built on a 130-acre plot of land.

During the groundbreaking event, multiple Fiberon representatives and local government officials spoke on how the new facility will impact the Columbia community.

“We’re excited to join the Columbia community,” said Fenton Challgren, president of Fortune Brands’ Outdoors Business Unit. “With our new, state-of-the-art facility, Fiberon will create more than 300 jobs including manufacturing and office positions. Plus, giving back is one of our core values and we look forward to supporting Columbia and the surrounding areas.”

Fiberon is making a $15,000 donation to the Youth Education Fund, a nonprofit based in Maury County, Tennessee, that provides funding for organizations focused on offering leadership, mentorship and educational resources to the youth in their community.

“Fiberon and Fortune Brands have made a significant investment in the community that will generate more than 300 quality job opportunities for the citizens of Columbia,” said Chaz Molder, mayor of the city of Columbia. “I would like to express my sincere appreciation to the company for its commitment, from the outset, to be a good corporate citizen and true community partner.”

Fiberon’s new plant in Columbia will manufacture polyethylene (PE) decking and composite cladding using the same sustainability measures utilized in their existing plants. There will also be an on-site recycling facility that will convert baled plastic waste into pellets used in Fiberon products. The building will feature LED lighting and energy-efficient windows, along with energy-efficient technology for all chillers and air compressors. The facility will also include cutting-edge digitalized product lines for continuous improvement, and automation for increased safety and efficiency.

The new facility in Columbia will increase availability of Fiberon product for Fiberon channel partners, helping them meet increased demand for outdoor living products.

“Fortune Brands Home & Security (FBHS) has built its foundation on enhancing the home – and Fiberon decking is a key part of that,” said Brett Finley, president of FBHS Outdoors & Security. “Since joining Fortune Brands in 2018, Fiberon has grown substantially and we’re excited to break ground on our newest facility right here in Columbia.”

Production is scheduled to begin at the new facility in late 2024.

For more information about Fiberon and the new facility in Columbia, download the digital press kit at fiberondecking.com/columbiaplant.

Shareable Highlights

  • Fiberon, a leading manufacturer of outdoor living products, broke ground on a new manufacturing facility in Columbia, Tennessee, Tuesday, May 10.
  • The new Fiberon facility in Columbia, Tennessee, is expected to be at least 500,000 square feet and is being built on a 130-acre plot of land.
  • Fiberon’s new facility in Columbia will manufacture PE decking and composite cladding and will include a variety of sustainability best practices throughout the manufacturing process. Learn more at fiberondecking.com/columbiaplant.

About Fiberon

Founded in 1997, Fiberon is a leading U.S. manufacturer of wood-alternative decking, railing and cladding distributed worldwide. Fiberon also provides products like lighting and outdoor furniture, for a complete outdoor experience. Fiberon products are available in a wide range of styles and price points, all providing the warmth and beauty of natural wood without the costly, time-consuming maintenance. With a focus on sustainability and environmental responsibility, Fiberon PE decking contains a minimum of 94% recycled content. Fiberon maintains operations in North Carolina and Idaho. For more information, visit www.fiberondecking.com or call 800-573-8841.

Fiberon is part of the Outdoors & Security division of Fortune Brands Home & Security, Inc. (NYSE: FBHS), a Fortune 500 company, part of the S&P 500 Index and a leader in the home products industry. The Company’s growing portfolio of complementary businesses and innovative brands include Moen and the House of Rohl within the Global Plumbing Group, outdoor living and security products from Therma-Tru, LARSON, Fiberon, Master Lock and SentrySafe, and MasterBrand Cabinets’ wide-ranging offerings from Mantra, Diamond, Omega and many more. Visit www.FBHS.com to learn more about FBHS, its brands and how the Company is accelerating its environmental, social and governance (ESG) commitments.

Contacts

Darwin Minnis

Darwin.Minnis@fbhs.com
847.315.0960

Nexus Industrial REIT Announces Q1 2022 Results and Annual Meeting Voting Results

May 13, 2022 By Globenewswire Tagged With: TSX:NXR-UN.TO

TORONTO and MONTREAL, May 12, 2022 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the quarter ended March 31, 2022. Highlights Completed $236.4 million of industrial property acquisitions during Q1 2022, increasing NOI from industrial properties to approximately 84.4% of NOI for the quarter. To partially fund the… [Read More]

NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST REPORTS STRONG FIRST QUARTER 2022 RESULTS

May 13, 2022 By NewsWire Tagged With: TSX:NWH.UN

TORONTO, May 12, 2022 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (the “REIT”) (TSX: NWH.UN) today announced its results for the three months ended March 31, 2022. NorthWest’s high quality and defensive $10 billion, 229 property portfolio1 performed well in the first quarter of 2022 and the REIT delivered strong financial and operational… [Read More]

Bridgemarq Real Estate Services Announces Voting Results from Annual Meeting of Shareholders

May 12, 2022 By NewsWire Tagged With: TSX:BRE

TORONTO, May 12, 2022 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq” or the “Company”) (TSX: BRE) announced the voting results for the directors elected at the Company’s annual meeting of shareholders held virtually on May 12, 2022. Bridgemarq is pleased to announce that the holders of restricted voting shares have elected Mr. Colum Bastable, Ms…. [Read More]

StorageVault to Acquire 7 Storage Locations for $171.6 Million

May 12, 2022 By Globenewswire Tagged With: TSX:SVI

TORONTO, May 12, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) has agreed to acquire 7 stores from seven vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $171,600,000, subject to customary adjustments (the “Acquisitions”). Six of the Acquisitions are arm’s length and one, totaling $14,000,000, is a related party acquisition (the… [Read More]

SIR Royalty Income Fund Reports 2022 First Quarter Results

May 12, 2022 By NewsWire Tagged With: TSX:SRV.UN

— Strong growth in Pooled Revenue and Same Store Sales reflects gradual return to full operating capacity during the quarter —     BURLINGTON, ON, May 12, 2022 /CNW/ – SIR Royalty Income Fund (TSX: SRV.UN) (the “Fund”) today reported its financial results for the first quarter ended March 31, 2022 (“Q1 2022”). “During March 2022,… [Read More]

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