TORONTO, March 31, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”)(TSX:AP.UN) announced today that it has completed the acquisition from Choice Properties Real Estate Investment Trust (“Choice Properties”)(TSX:CHP.UN) of an urban office portfolio that expands Allied’s operating capability in Montréal, Toronto and Vancouver. For the benefit of its constituents, Allied has published… [Read More]
GoBuyBiz.com: new Canadian platform for the purchase and sale of companies, franchises and commercial properties
MONTREAL, March 31, 2022 /CNW Telbec/ – GoBuyBiz.com strikes a great deal to launch as a partner with MTY Food Group Inc. (“MTY”, “MTY Group” or the “Company”) (TSX: MTY), one of the world’s largest franchisors and operators of restaurant concepts. GoBuyBiz is a powerful and secure solution that connects sellers, franchisors, brokers, and buyers… [Read More]
STANDARD MERCANTILE ACQUISITION CORP. (FORMERLY, TREZ CAPITAL SENIOR MORTGAGE INVESTMENT CORPORATION) ANNOUNCES FOURTH QUARTER AND FISCAL 2021 FINANCIAL RESULTS
TORONTO, March 30, 2022 /CNW/ – Standard Mercantile Acquisition Corp. (TSX: SMA) (the “Company”) today released its financial results for the three months and year ended December 31, 2021. The audited financial statements and annual MD&A of the Company can be found at www.sedar.com or www.standardmercantileacquisition.com. Financial Highlights & Business Update For the three months… [Read More]
Lafarge’s Richmond Plant Commits to 100% Lower Carbon Cement
VANCOUVER, British Columbia–(BUSINESS WIRE)–Marking a big shift in helping to reduce CO2 emissions in construction across Western Canada, Lafarge announced today that their Richmond plant will manufacture only OneCem, the company’s lower carbon portland limestone cement for use in materials across BC and the Pacific Northwest.
Lafarge has converted the entire facility to OneCem – ensuring that all cement produced there maximizes reductions. “OneCem is one of our many answers to building sustainably,” shares Brad Kohl, President & CEO of Lafarge in Western Canada. “OneCem offers all the same performance and qualities as standard cements, but with significantly less CO2 emissions.”
Using OneCem in concrete decreases CO2 emissions while ensuring the same level of strength and durability as concrete produced with regular portland cement. “The built environment plays a central role in the transition towards a low-carbon economy,” says Dr. Rob Shogren, Technical Director Cement North America . “We can make concrete more sustainable when we adjust how it is produced and used.”
“This has been a long term goal for our operations,” explains Cory Cannon, VP of Sales and Logistics. “Through collaboration with municipalities, constructors, and engineers, we have encouraged the shift away from standard cements and converting to OneCem since 2011. This commitment means that every product manufactured with OneCem has lower emissions than ever before.”
Richmond services a wide range of markets in Canada and has supplied its Western Canadian and Pacific NW customers with OneCem since 2011. Richmond’s OneCem CO2 emissions per tonne are 20% below the national Canadian average for GU cement. Concurrently, it’s also 13% lower than the national average for other PLC cements manufactured in Canada. Since 2011, when Richmond began producing OneCem, “We have eliminated 1,175,000,000 kilograms of CO2 from our atmosphere. This is equivalent to taking a quarter of a million vehicles off our roads for an entire calendar year,” says Cannon.
“The opportunity for North American cities to build sustainably is significant,” shares Kohl. The impact of reducing CO2 emissions in the built environment has been identified as a key driver in reducing climate change. “Collaborating with local government and stakeholders was key to ensuring its uptake in the market, and conversion away from traditional high intensity cement products,” he says. “As industry leaders we want to facilitate access to low carbon cements across Canada, and starting with Richmond is a big step towards making that happen.”
About Lafarge Canada Inc.
Lafarge is Canada’s largest provider of sustainable construction materials and a member of the global group, Holcim. With 6,000 employees and 350 sites across Canada, our mission is to provide construction solutions that build better cities and communities. The cities where Canadians live, work and raise their families along with the community’s infrastructure benefit from the solutions provided by Lafarge consisting of aggregates, asphalt and paving, cement, precast concrete, ready-mix concrete, and road construction. www.lafarge.ca
Contacts
Jill Truscott, Manager of Communications jill.truscott@lafargeholcim.com 403-354-5063
Real Matters to Announce Second Quarter Fiscal 2022 Financial Results on April 28, 2022
TORONTO–(BUSINESS WIRE)–Real Matters Inc. (“Real Matters”), a leading network management services provider for the mortgage lending and insurance industries, will announce its second quarter financial results via news release on Thursday, April 28, 2022, before market open.
Conference Call and Webcast
A conference call to review the results will take place at 10:00 a.m. (ET) on Thursday, April 28, 2022, hosted by Chief Executive Officer Brian Lang and Chief Financial Officer Bill Herman. An accompanying slide presentation will be posted to the Investor Relations section of our website shortly before the call.
To access the call:
- Participant Toll Free Dial-In Number: (833) 247-5856
- Participant International Dial-In Number: (647) 689-4232
- Conference ID: 3552655
To listen to the live webcast of the call:
The webcast will be archived and a transcript of the call will be available in the Investor Relations section of our website following the call.
About Real Matters
Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest insurance companies in North America. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title and mortgage closing services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY), Middletown (RI) and Scottsdale (AZ). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.
Contacts
Lyne Beauregard
Vice President, Investor Relations and Corporate Communications
Real Matters
lbeauregard@realmatters.com
416.994.5930
H.I.G. Realty Sells a 29,000 sqm Prime Office Complex in Lyon
LONDON–(BUSINESS WIRE)–#AssetManagement–H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with $48 billion of equity capital under management, announced today that one of its affiliates has recently completed the disposal of Urban Garden, a 29,000 sqm newly built office complex in Lyon, France’s second largest economic centre. The buildings were acquired in October 2019 and received a BREEAM excellent rating in 2021. H.I.G. brought the occupancy to 100% six months before the asset completion in May 2021. Terms were not disclosed.
Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty Partners, commented: “Urban Garden is another example of our ability, through our value-add initiatives and hands on asset management approach, to deliver high quality, future-proof assets that appeal to long term institutional investors”.
Mihai Gavriloiu, Principal at H.I.G. Europe Realty Partners, added: “France represents an important part of our European strategy where we continue to seek additional small and mid-cap, value-add, investment opportunities to increase H.I.G.´s presence in this market. We are very pleased with the strong returns we were able to achieve on this exit”.
About H.I.G. Capital
H.I.G. is a leading global alternative assets investment firm with $48 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Rio de Janeiro, São Paulo and Bogotá, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach:
- H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
- H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
- H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
- H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.
Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.
* Based on total capital commitments managed by H.I.G. Capital and affiliates.
Contacts
Riccardo Dallolio
Managing Director
rdallolio@higrealty.com
Slate Grocery REIT Establishes U.S.$150 Million At-The-Market Equity Program
TORONTO, March 30, 2022 (GLOBE NEWSWIRE) — Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it has established an at-the-market equity program (the “ATM Program”) that allows the REIT to issue, at its discretion, up to U.S.$150,000,000 of class U trust units… [Read More]
BTB REIT Announces the Closing of the Offering of Units for $40.3 Million Including Full Exercise of the Over-Allotment Option
/NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ MONTRÃAL, March 30, 2022 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“, the “REIT” or the “Trust“) announces today that it has closed its previously announced bought deal public offering[1] and the concurrent closing of the… [Read More]
Melcor Developments Ltd. Announces Normal Course Issuer Bid
EDMONTON, Alberta, March 30, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative trading systems. The notice provides… [Read More]
Killam Apartment REIT Announces Timing of Q1 2022 Results and Webcast
HALIFAX, NS, March 30, 2022 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) will release its financial results for the first quarter ended March 31, 2022, on Wednesday, May 4, 2022, after the close of the Toronto Stock Exchange. A webcast and conference call to discuss these results and current business initiatives will be held on… [Read More]
RESAAS Rolls Out Payment System to 500,000 Real Estate Agents
RESAAS Agents Become First to Access RESAAS Pay, the Real Estate Industry’s First KYC and AML Compliant Broker-to-Broker Payment System VANCOUVER, BC, March 30, 2022 /CNW/ – RESAAS Services Inc. (TSX-V: RSS) (OTCQB: RSASF), (“RESAAS” or the “Company”), a technology platform for the real estate industry, today announced the successful rollout of RESAAS Pay to all… [Read More]
Tribe Property Technologies Announces Partnership with UmbraCity, Bringing Tribe Communities OnDemand Umbrella Service Across the Lower Mainland
VANCOUVER, BC, March 30, 2022 /CNW/ – Tribe Property Technologies (TSXV: TRBE) (OTCQB: TRPTF) (“Tribe” or the “Company”) has partnered with UmbraCity, a network of fully automated, smart umbrella rental kiosks that provide on-demand access to umbrellas for communities. The partnership would bring UmbraCity’s hotel concierge-like service to Tribe buildings across the Lower Mainland, elevating lifestyle… [Read More]
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