TORONTO–(BUSINESS WIRE)–Inovalis Real Estate Investment Trust (TSX: INO.UN) (“Inovalis REIT”) today announced it has completed the purchase of the “Gaïa” office property in Nanterre, a suburb of Paris which is in the immediate vicinity of the La Défense district. The ninth property in the REIT’s Paris portfolio, the Gaïa is a 5-floor, 118,400 SF building built in 2014, and was acquired from GA Smart Building and Paref, who co-developed the property.

“This acquisition is in keeping with our strategy of investing in core European markets where we have considerable experience and knowledge,” said Khalil Hankach, Managing Director of Inovalis S.A. and Chief Investment Officer of Inovalis REIT. “We were delighted to source this high-quality, accretive and creditworthy asset, which has a good mix of tenants in a strategic office area close to one of Europe’s leading business districts. It is in keeping with our core+ strategy, which will see us continue to invest in mature and consolidated markets, and in assets that generate a predictable cash flow.”

The Gaïa has many compelling features, including a spacious and modern lobby, bright office spaces and elevated private terraces offering unique views of the Mont Valérien. The property also offers several quality services, such as a restaurant with an outdoor terrace, meeting rooms, a common lounge area, and co-working spaces. The Gaïa has received dual High Environmental Quality (HQE) and BBC Effinergie (Low-energy Building) certifications and is equipped with an Active Computer Performance Management system, which support high-performance energy efficiency levels (2.32 kwh/SF/year).

The Gaïa Tenants benefit from Gross Rent levels which are highly competitive, due to low and controlled operating costs, allowing the Landlord to maximize net rents, while neighboring assets seeking higher or similar Gross Rent levels fail to offer most of the services that the Gaïa provides. Tenant leases include annual increases indexed to inflation, with no caps, and the full recovery of operating expenses.

Adjacent to the new Eco-quartier des bergères to be completed in 2025, the Gaïa benefits from a qualitative and dynamic environment that will be further enhanced by the completion of the large-scale renovation programme for the Parc Sud, supported by the city and the region.

Reinstatement of Dividend Reinvestment Plan

Inovalis REIT also announced that the Board of Trustees of the REIT approved the reinstatement of the Dividend Reinvestment Plan (“DRIP”), commencing effective with the April distribution for Unitholders of record on April 29, 2022 Unitholders that were enrolled in the DRIP at the time of its suspension and have not subsequently withdrawn will automatically resume participation in the DRIP.

The DRIP allows eligible holders of units to reinvest their cash dividends paid in respect of their units in additional units, which, at the REIT’s election, will be issued from treasury or purchased on the open market. If the REIT elects to issue units from treasury, such units will be purchased under the DRIP at a 3% discount to the volume weighted average of the closing price for the units on the TSX for the five trading days immediately preceding the relevant dividend payment date. The REIT may, from time to time, in its sole discretion, change or eliminate the discount applicable to units issued from treasury.

To be eligible to participate in the DRIP, holders of units must be resident in Canada. Participation in the DRIP does not relieve unitholders of any liability for taxes that may be payable in respect of dividends that are reinvested in new units under the DRIP. Unitholders should consult their tax advisors concerning the tax implications of their participation in the DRIP having regard to their particular circumstances.

The full text of the DRIP is available under the “Investor Relations” section of the REIT’s website located at https://www.inovalisreit.com. Eligible beneficial unitholders who wish to participate in the DRIP should contact their investment advisor, bank or brokerage firm to enroll in the DRIP.

Unitholders should carefully read the complete text of the DRIP before making any decisions regarding participation in the DRIP.

Forward Looking Statements

Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “intend”, “may”, “will”, ”project”, “should”, “believe”, “confident”, “plan” and “intends” and similar expressions are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specifically, forward-looking information in this news release includes, but is not limited to, statements made in relation to: the acquisition of a new asset in Paris, the reinstatement of the DRIP and the terms of the DRIP and the REIT’s corporate objectives. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events, performance, or achievements of the REIT to differ materially from those anticipated or implied by such forward-looking information. The REIT believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct. In particular there can be no assurance that: the REIT will keep the DRIP in place or the REIT will achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking information included in this news release are not guarantees of future performance, and such forward-looking information should not be unduly relied upon. More information about the risks and uncertainties affecting the REIT’s business and the businesses of its royalty partners can be found in the “Risk Factors” section of its Annual Information Form and in its most recent Management’s Discussion and Analysis, copies of each of which are available under the REIT’s profile on SEDAR at www.sedar.com. All of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the REIT. The forward-looking information included in this news release is presented as of the date of this news release and the REIT assumes no obligation to publicly update or revise such information to reflect new events or circumstances, except as may be required by applicable law.

Contacts

David Giraud, Chief Executive Officer Khalil Hankach, Chief Financial Officer
Inovalis Real Estate Investment Trust Inovalis Real Estate Investment Trust

Tel: +33 1 5643 3323 Tel:+33 1 5643 3313

david.giraud@inovalis.com khalil.hankach@inovalis.com

CARPINTERIA, Calif.–(BUSINESS WIRE)–Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced a new integration with Building Transparency, a nonprofit organization with the mission to enable broad and swift action to address the construction industry’s role in climate change. The integration enables Procore users to leverage the Embodied Carbon in Construction Calculator (EC3) in an effort to drive sustainability across the global construction industry.

Between 2015 and 2050 worldwide, two trillion square feet of buildings are expected to be built or renovated, and the World Green Building Council estimates that construction materials account for approximately 11 percent of global carbon emissions. In order to address Environmental, Social and Governance (ESG) and sustainable building practices, the EC3 tool is a free database that calculates the embodied carbon emissions associated with design and material procurement, ultimately helping specialty contractors, general contractors and owners reduce embodied carbon emissions in construction. The EC3 calculator was co-conceived and developed by Skanska and C Change Labs; it was jointly seed-funded by Skanska and Microsoft.

The EC3 integration provides Procore users the opportunity to reduce construction waste and rework, accounting for nearly $500 billion annually across the globe according to the 2018 FMI Report. By giving construction professionals the tools to benchmark and assess their carbon footprint, the tool actively helps companies realize their sustainability targets and reduce carbon emissions.

“We are thrilled to provide our customers around the globe access to the Embodied Carbon in Construction (EC3) tool,” said Tooey Courtemanche, Procore founder and CEO. “As a dedicated partner to the construction industry, it is our responsibility to support the growing need for sustainable building. Our partnership with Building Transparency and the new EC3 integration reinforces our vision of improving the lives of everyone in construction and the communities we serve.”

“Our partnership with Procore is a great step forward in educating our industry on the importance of reducing embodied carbon emissions and the tools already available to do so,” said Stacy Smedley, Executive Director of Building Transparency. “EC3 enables the industry to measure and understand the carbon footprint of their projects and set reduction targets to begin to address our collective impact on climate change.”

To learn more about how Procore is partnering with Building Transparency to support greener construction practices, register for Procore’s global Innovation Summit taking place April 19.

About Procore

Procore is a leading global provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore’s platform. Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore’s App Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe. Learn more at Procore.com.

PROCORE-IR

Contacts

Media Contact
Elizabeth Locke

press@procore.com

Investor Contact
Matthew Puljiz

ir@procore.com

TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or “the Company”), a publicly-traded company that invests in Web3 crypto assets and businesses linked to the Metaverse and NFTs, is pleased to share that its subsidiary, Metaverse Group, has partnered with INHOUSE COMMERCIAL to develop a Metaverse NFT virtual copy of a commercial real estate asset for sale in Miami Beach.

“Our partnership with INHOUSE COMMERCIAL demonstrates new use cases between the Metaverse and physical real estate. We are pleased to continue pushing boundaries for Metaverse use cases,” commented Andrew Kiguel, Tokens.com CEO and Metaverse Group Executive Chair.

960 Alton Road is owned by Phillip Levine, former two-time mayor of Miami Beach. Metaverse Group will be using its in house virtual architectural services to develop the Metaverse replica of the Alton Road property, which is intended to be sold with the physical property.

“We are thrilled to partner with Metaverse Group to offer the first ever commercial real estate asset for sale with a replica in the Metaverse,” said Jared Robins of INHOUSE COMMERCIAL. “960 Alton Road is a fully furnished office building located in the heart of Miami Beach with substantial development potential. As companies look to open virtual offices in the Metaverse which cater to their remote employees, we believe having a real-life asset that mimics their virtual workplace will be beneficial and unique.”

“As Miami continues to become the center of the tech world, we are excited to partner with Metaverse Group to offer a replica of our 960 Alton Road asset in the Metaverse,” said Philip Levine, former Mayor of Miami Beach.

Brands or virtual landowners interested in partnering with Metaverse Group should contact Info@metaversegroup.com.

About Tokens.com

Tokens.com Corp is a publicly traded company that invests in Web3 assets and businesses focused on the Metaverse, NFTs, DeFi, and gaming based digital assets. Tokens.com is the majority owner of Metaverse Group, one of the world’s first virtual real estate companies. Hulk Labs, a wholly-owned Tokens.com subsidiary, focuses on investing in play-to-earn revenue generating gaming tokens and NFTs. Additionally, Tokens.com owns and stakes crypto assets to earn additional tokens. Through its growing digital assets and NFTs, Tokens.com provides public market investors with a simple and secure way to gain exposure to Web3.

Visit Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

About Metaverse Group

The Metaverse Group is a vertically integrated NFT based Metaverse real estate company. The group, with its global headquarters in Decentraland’s CryptoValley, also owns an eight figure real estate portfolio across many leading virtual worlds. The company intends to continue to purchase, develop and rent out its portfolio of real estate assets. Tokens.com, a publicly- traded company, is the majority owner of Metaverse Group.

For further information please visit https://metaversegroup.com.

INHOUSE COMMERCIAL

INHOUSE COMMERCIAL was founded with a focus to bring the best retail, hospitality, and experiences to South Florida through real estate brokerage and advisory. Specializing in retail leasing and investment sales, INHOUSE relies on market knowledge, local relationships, and consumer trends to deliver solutions. For more information, visit www.inhousecre.com.

960 ALTON ROAD

960 Alton Road is comprised of two buildings on a 31,350 square foot lot on a prime corner of Alton Road. On the corner of the parcel is a two-story stand-alone office building with prime frontage and visibility on Alton Road. The office space is fully furnished and in pristine condition. The second building is currently operating as a gym. The property has significant redevelopment potential as Miami Beach recently passed a city ordinance to increase maximum building height from 60 to 75 feet for predominantly office developments. A massing study of the potential development opportunity was recently completed by globally recognized Kobi Karp.

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO

Telephone: +1-647-578-7490

Email: contact@tokens.com

Jennifer Karkula, Head of Communications

Email: contact@tokens.com

Media Contact: Ryleigh Ebron – Talk Shop Media

Email: ryleigh@talkshopmedia.com

Alliance Expands AZEK’s FULL-CIRCLE PVC Recycling Program; Expected to Advance ESG and Recycling Goals

CHICAGO–(BUSINESS WIRE)–The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech^® decking, Versatex^® and AZEK^® Trim, and StruXure™ pergolas, today announced a PVC recycling alliance with DTG Recycle, the largest recycler of construction and demolition (C&D) waste in the Pacific Northwest. The alliance expands AZEK’s FULL-CIRCLE PVC Recycling program to now include the collection of PVC-based C&D debris.

As part of the alliance, PVC scrap and debris collected by DTG Recycle will be processed by Return Polymers, AZEK’s vertically integrated recycler, and then incorporated into one of AZEK’s many sustainable outdoor living product lines made with recycled PVC material, including TimberTech AZEK^® decking and AZEK and Versatex Trim.

“We are excited about what this C&D recycling alliance with DTG Recycle represents – a new recovery channel for PVC waste and scrap that might be otherwise destined for landfills,” said AZEK CEO Jesse Singh. “AZEK’s goal is to recycle one billion pounds of waste and scrap annually by the end of 2026. To achieve this ambition, and, ultimately, to advance and sustain a circular economy, it is imperative to find new solutions and new partners whose leadership, capabilities and sustainability goals match our own. We have found that and more in DTG Recycle.”

DTG Recycle will utilize its extensive collection and processing network to help AZEK and Return Polymers expand its FULL-CIRCLE PVC Recycling program beyond post-industrial producers. Items such as PVC siding, windows, fencing, and pipe that enter the C&D channel are typically destined for the landfill and are amongst one of the recycling industry’s most significant challenges.

“PVC has always challenged the C&D recycling community,” says Tom Vaughn, CEO of DTG Recycle. “This is a big win for the construction industry and communities throughout the Pacific Northwest, as this alliance both creates an open-loop recycling solution for otherwise landfill bound debris and helps further protect the local and regional environments for everyone to enjoy. We are honored that AZEK and Return Polymers chose us as their partner to offer this new sustainable end market to our region.”

“While the industrial PVC recycling market is more established, the larger C&D market remains largely untouched. It will require the special skills, expertise, and unique technologies developed by Return Polymers to lead the market into these uncharted waters. This, combined with the leadership and reputation of DTG Recycle, sets us on a path to scale more rapidly and expand our C&D PVC recycling program to other regions in the United States,” said David Foell, Founder of Return Polymers, a wholly owned subsidiary of AZEK.

For more information on AZEK’s FULL-CIRCLE PVC Recycling program, please visit azekco.com/about-us/full-circle-recycling-program/.

About The AZEK^® Company

The AZEK Company Inc. (NYSE: AZEK) is the industry-leading designer and manufacturer of beautiful, low maintenance and environmentally sustainable outdoor living products, including TimberTech^® decking and Versatex^® AZEK Trim^® and StruXure™ pergolas. Consistently recognized as the market leader in innovation, quality and aesthetics, products across AZEK’s portfolio are made from up to 100% recycled material and primarily replace wood on the outside of homes, providing a long-lasting, eco-friendly, and stylish solution to consumers. Leveraging the talents of its approximately 2,000 employees and the strength of relationships across its value chain, The AZEK Company is committed to accelerating the use of recycled material in the manufacturing of its innovative products, keeping millions of pounds of waste out of landfills each year, and revolutionizing the industry to create a more sustainable future. Headquartered in Chicago, Illinois, the company operates manufacturing facilities in Ohio, Pennsylvania, Georgia, and Minnesota, and recently announced a new facility will open in Boise, Idaho. For additional information, please visit azekco.com.

About DTG Recycle

DTG Recycle is the largest recycler of construction, demolition, industrial, and manufacturing waste in the Pacific Northwest. We strive for a zero-waste future by collecting, transporting, processing, and manufacturing waste into innovative end products from recovered materials. With a diversified collection and transportation fleet, we provide unique, convenient recycling methods and the industry’s best customer service. We are Customer Focused, Planet Obsessed. Learn more at dtgrecycle.com.

About Return Polymers

For 30 years, Return Polymers has been a leader in the development, implementation, and delivery of recycled PVC compound solutions. Acquired by The AZEK Company in 2020, Return Polymers serves clients in every PVC market segment and is proud to have unparalleled records in safety, product consistency, customer satisfaction, and environmental sustainability. Return Polymers is a leader in the recycling industry and was named 2019 Vinyl Recycler of the Year by the Vinyl Sustainability Council. To learn more, please visit returnpolymers.com/.

Cautionary Note Regarding Forward-Looking Statements

This release contains or refers to certain forward-looking statements within the meaning of the federal securities laws and subject to the “safe harbor” protections thereunder. Forward-looking statements are statements about future events and are based on our current expectations. These forward-looking statements may be identified by the words “believe,” “hope,” “expect,” “intend,” “will,” “target,” “anticipate,” “goal” and similar expressions. Projected financial information and performance, including our guidance and outlook, are forward-looking statements. Other forward-looking statements may include, without limitation, statements with respect to our future growth and goals, including environmental goals. The Company bases its forward-looking statements on information available to it on the date of this release and undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of changed circumstances, new information, future events, or otherwise, except as may otherwise be required by law. Actual future events could also differ materially due to numerous factors that involve substantial known and unknown risks and uncertainties including, among other things, the risks and uncertainties set forth under “Risk Factors” and elsewhere in the Company’s reports on Form 10-K and Form 10-Q and the other risks and uncertainties discussed in any subsequent reports that the Company files with the Securities and Exchange Commission from time to time. Although we have attempted to identify those material factors that could cause actual results or events to differ from those described in such forward-looking statements, there may be other factors that could cause actual results or events to differ from those anticipated, estimated or intended. Given these uncertainties, investors are cautioned not to place undue reliance on our forward-looking statements.

Contacts

Rachel Mihulka

1-402-980-9603

AZEKquestions@zenogroup.com

IRVING, Texas–(BUSINESS WIRE)–HighGround Restoration Group, INC., is pleased the to announce its new name and logo. The company was initially formed in February of 2020 with the platform acquisition of Dry Force LLC, a Texas based water restoration and reconstruction leader with locations in Dallas, Houston, Austin, and San Antonio. After a successful year in 2021 of adding five best-in-market brands to create a national platform, the company launched the HighGround brand in 2022. HighGround serves as the umbrella for the entire group while each individual company retains its brand equity in the market.

Ben Balsley, HighGround’s Chief Executive Officer, stated, “Our vision is to build a company where great brands thrive and elevate to next-level performance. We will do this by serving our employees, customers, and partners and creating opportunities to leverage national scale for local execution. I couldn’t be more excited about our brand teams and HighGround platform and the growth opportunities in front of us.”

In addition to its initial investment in Dry Force, HighGround has also partnered with the following restoration brands: Cleanup & Total Restoration (CTR), Power Dry, MoreFloods, Dririte, and Northeast Power Dry. These brands represent every region of the US and HighGround is actively seeking to add brands and partner with leaders that share its focus on service and growth. If you are interested in learning more or joining the HighGround family of brands, reach out at information@highgroundnow.com or visit www.highgroundnow.com.

About HighGround:

No one’s ever prepared for the chaos that comes with water, mold, fire, or smoke damage. And some contractors only make it worse. The property owner needs help from someone who knows what they’re doing – and who genuinely cares. And that’s why our family of brands come to work every day.

HighGround brands help customers who have suffered water or fire damage by providing 24/7/365 drying and clean up services coupled with reconstruction contracting, all while engaging with the customer’s insurance company to ensure seamless claims processing. Our brands have developed a robust referral program with residential and commercial partners by offering services such as hosted education and training, reporting and analytics, and competitive incentive compensation. This comprehensive approach allows HighGround to stay top of mind with these key referral relationships.

Contacts

Brian McNeal
Email: brian.mcneal@highground.com