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TORONTO–(BUSINESS WIRE)–#ChoiceProperties–Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of November, 2024 of $0.063333 per trust unit, representing $0.76 per trust unit on an annualized basis, payable on December 16, 2024 to Unitholders of record at the close of business on November 29, 2024.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through places where people thrive.

We are more than a national owner, operator and developer of high-quality commercial and residential real estate. We believe in creating spaces that enhance how our tenants and communities come together to live, work, and connect. This includes our industry leadership in integrating environmental, social and economic sustainability practices into all aspects of our business. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedarplus.ca.

Contacts

For further information:


Mario Barrafato

Chief Financial Officer

Choice Properties REIT

(416) 628-7872

Mario.Barrafato@choicereit.ca

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX) (“Real” or the “Company”), a technology platform reshaping real estate for agents, home buyers and sellers, today announced that its Chairman and Chief Executive Officer, Tamir Poleg, will present at the following investor conferences:

RBC Global Technology, Internet, Media and Telecommunications Conference:

Date: Tuesday, November 19, 2024

Time: 12:00 p.m. ET

Webcast link: https://kvgo.com/rbc/the-real-brokerage-nov-2024

Stephens Annual Investment Conference:

Date: Wednesday, November 20, 2024

Time: 3:00 p.m. ET (2:00 p.m. CT)

Webcast link: https://wsw.com/webcast/stph35/reax/1833840

Needham 4^th Annual Consumer Tech / E-commerce Virtual Conference:

Date: Monday, November 25, 2024

Time: 10:15 a.m. ET

Webcast link: https://wsw.com/webcast/needham142/reax/2251152

Real’s remarks will be broadcast live, and a replay will be available for one year at the links above, and on the investor relations section of the company’s website at https://investors.onereal.com/.

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 in all 50 states throughout the U.S. and Canada, Real supports over 22,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses. Additional information can be found on its website at www.onereal.com.

Contacts

For additional information, 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

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared +2.4% increase to it’s annualized distribution to $0.86 from $0.84 per unit.

“Primaris’ Differentiated Financial Model combined with strong growth in same-property NOI, occupancy, leasing spreads and recovery ratios, and expected continued strong growth across these metrics, supports our fourth annual distribution increase,” said Alex Avery, Chief Executive Officer. “REITs with track records of consistent annual distribution increases have historically delivered above average total returns and been included in exclusive indices that focus on dividend growers.”

Inclusive of the annual distribution increase effective with the Spin-Off Transaction dated December 31, this is Primaris’ fourth annual distribution increase. Inclusion criteria for dividend grower indices are commonly five consecutive annual dividend/distribution increases. The increase is effective for the month of December 2024, and payable January 15, 2024.

This increase is consistent with the REIT’s targets for the period ending December 31, 2027 which were presented at Primaris’ Investor Day in Halifax held on September 24, 2024, of a 2% to 4% annual distribution increases.

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 13.4 million square feet valued at approximately $4.1 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

Making use of Ontario government changes and local municipal willingness, Marshall Homes cuts approval times, triples density, and passes down $20,000 in savings for future homebuyers in the Durham Region.

TORONTO–(BUSINESS WIRE)–In response to Ontario’s housing crisis, Marshall Homes has secured quick government collaboration to approve its new community of urban townhomes, “Time” in just five weeks — expediting conventional approval timelines. This groundbreaking acceleration of approving an Official Plan Amendment and Zoning Bylaw comes at a crucial moment when the province faces a dire shortage of affordable housing.

In addition to the speedy approval process, the original project proposal for “Time” was expanded from 27 homes to 81 homes, creating a 300% increase in much-needed homes within Durham Region. By reducing the approval process by 93% and completing the development proposal in just five weeks — compared to the typical 18-24 month timeframe — Marshall Homes is poised to make homeownership more attainable, with prices starting in the low $600,000s—far below the average attached housing price of $851,733 in the area. The accelerated approvals process and increased number of homes from the original proposal passes down $20,000 in interest and consultation savings for future homebuyers, making it one of the most affordable townhome options available in the region.

“I want to express my heartfelt gratitude to Mayor Collier, Premier Ford, Ajax Tarion, TRCA, and HCRA teams for their incredible support. Their response to progressive legislation truly makes a difference in improving affordability,” says Craig Marshall, Founder and President of Marshall Homes. “Their willingness to collaborate has allowed us to bring much-needed homes to market, mitigating the usual delays and extra costs that come with lengthy approval processes, which in turn allows us to pass savings down to homeowners. The urgency of more homes is getting through to all levels of governmental authority and more importantly to the people that work there. It is infectious.”

“Through initiatives like the “Time” project, we are demonstrating how effective collaboration between government and private developers can lead to innovative solutions for housing shortages,” said Shaun Collier, Mayor of the Town of Ajax. “We remain committed to supporting projects that not only provide homes but also contribute to the overall well-being of our communities.”

The architectural firm, Hunt Design Associates, designed the “Time” project. It features thoughtfully crafted urban bungalows and two-level townhomes. The designs prioritize accessibility and long-term livability, some with stair-free layouts that enhance residents’ comfort and functionality. The contemporary architecture features large windows that flood spaces with natural light. This serves to improve the quality of life and health for the homeowners. The natural light and high ceilings create an open, expansive feel in the spaces. The development features a diverse suite mix of 2 bedroom options ranging from 800 – 1,200 square feet, catering to various family needs. Each suite will include on-site parking making “Time” well-suited for families looking to put down roots in the Durham region.

Located just north of Kingston Road with easy access to the 401, Ajax offers an ideal mix of convenience and community. Situated on the edge of the Duffins Trail System in Central Ajax, the “Time” development is within walking distance of the expansive greenspace, perfect for those looking for a natural oasis. Residents with families will enjoy the walkable proximity of over five primary and secondary schools. For those who work and play just outside the city, “Time” is an 8-minute drive from the Ajax GO station and Highway 401.

Inside the region, residents will enjoy easy access to local amenities, including the Pickering Golf Club, Pickering and Ajax casinos, the waterfront, and the Audley Recreation Centre, all within a ten-minute drive. This strategic location ensures that future homeowners enjoy vibrant community life and essential services.

This development not only fills a critical gap in the local housing supply but also serves as a model for future projects. Marshall Homes remains committed to innovation and efficiency in the housing sector, with a focus on creating quality homes in well-connected communities.

Suites at “Time” will start from the low $600,000s. Register now for exclusive updates and early access to secure one of Durham’s most affordable homes at marshallhomes.ca/communities/time.

About Marshall Homes

Marshall Homes is a leader in the homebuilding industry, with over 30 years of experience creating well-designed, energy-efficient homes that prioritize the resident experience. The company focuses on delivering boutique enclaves and custom homes throughout Durham and cottage country, consistently exceeding industry standards with features like solar and geothermal heating. Under the leadership of President Craig Marshall, Marshall Homes continues to set benchmarks for excellence in the residential construction sector. For more information on Marshall Homes and their communities, visit: www.marshallhomes.ca.

Contacts

For media inquiries, please contact:
Chantel Cassar

Co-Founder

Category Communications

chantel@categorycomms.com
647-621-1323