TORONTO, April 18, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the April 2022 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “April Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]
Automotive Properties REIT Announces April 2022 Distribution
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, April 18, 2022 /CNW/ – Automotive Properties Real Estate Investment Trust (TSX: APR.UN) (the “REIT”) today announced a cash distribution of $0.067 per REIT unit for the month of April 2022, representing $0.80 per REIT unit on an annualized basis…. [Read More]
Allied Announces April 2022 Distribution
TORONTO, April 18, 2022 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1458 per unit for the month of April 2022, representing $1.75 per unit on an annualized basis. The distribution will be payable on May 16, 2022, to unitholders of record as… [Read More]
Starlight U.S. Residential Fund to Acquire Class “A” Institutional Quality Property in Phoenix, Arizona Comprising 272 Multi-Family Residential Suites
/Not for distribution to U.S. newswire services or for dissemination in the United States./ TORONTO, April 18, 2022 /CNW/ – Starlight U.S. Residential Fund (TSXV: SURF.A) (TSXV: SURF.U) (the “Fund“) announced today that it has entered into an agreement to acquire a 90% interest in The Ventura, a 272-suite Class “A” institutional quality multi-family property… [Read More]
Killam Apartment REIT Announces April 2022 Distribution
HALIFAX, NS, April 18, 2022 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its April 2022 monthly distribution. The distribution of $0.05833 per unit will be paid on May 16, 2022, to unitholders of record on April 29, 2022. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may… [Read More]
Chartwell Retirement Residences Announces March Distribution and Provides Occupancy Update
MISSISSAUGA, ON, April 18, 2022 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today a cash distribution of $0.051 per Trust Unit. The cash distribution will be payable on May 16, 2022, to unitholders of record on April 29, 2022. Unitholders can participate in Chartwell’s Distribution Reinvestment Plan (“DRIP”). Eligible investors registered in the DRIP… [Read More]
/C O R R E C T I O N from Source — Chartwell Retirement Residences (IR)/
In the news release, Chartwell Retirement Residences Announces March Distribution and Provides Occupancy Update, issued 18-Apr-2022 by Chartwell Retirement Residences over CNW, we are advised by the company that the headline, Chartwell Retirement Residences Announces March Distribution and Provides Occupancy Update, should read “April Distribution” rather than “March Distribution” as originally issued inadvertently. The complete,… [Read More]
RioCan Real Estate Investment Trust completes offering of $250 Million Series AF senior unsecured debentures
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 18, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has closed its previously announced offering of $250 million principal amount of Series AF senior unsecured debentures (the “Debentures”). Inclusive… [Read More]
NexLiving Communities announces results for the year ended December 31, 2021
HALIFAX, NS, April 18, 2022 /CNW/ – (TSXV: NXLV) â NexLiving Communities Inc. (“NexLiving” or the “Company”) announced today its annual results for the year ended December 31, 2021. 2021 Operating and Financial Highlights: Significant growth in revenue and NOI Property revenue grew by $3.9 million (108%) to $7.5 million during the year, with net operating income… [Read More]
NexLiving Announces Acquisition of a 58-Suite Building in Lindsay, Ontario
HALIFAX, NS, April 18, 2022 /CNW/ – NexLiving Communities Inc. (TSXV: NXLV) (“NexLiving” or the “Company”) announced today that it has acquired a 58-suite building in Lindsay, ON (“35 Angeline”) for $13.4 million. The acquisition will be financed with a combination of cash on hand and $10.1 million of new short-term debt, which will include… [Read More]
Slate Grocery REIT to Release First Quarter 2022 Results
TORONTO–(BUSINESS WIRE)–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 will be releasing its first quarter 2022 results before market hours on Tuesday, May 10, 2022. Senior management will host a live conference call at 9:00 am ET on Tuesday, May 10, 2022 to discuss the results and ongoing business initiatives of the REIT.
Conference Call Details
The conference call can be accessed by dialing (647) 427-2311 or 1 (866) 521-4909. Additionally, the conference call will be available via simultaneous audio found at https://www.snwebcastcenter.com/webcast/slate/2022/0510. A replay will be accessible until May 24, 2022 via the REIT’s website or by dialing (416) 621-4642 or 1 (800) 585-8367 (access code 8270244) approximately two hours after the live event.
About Slate Grocery REIT (TSX: SGR.U / SGR.UN)
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.9 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.
About Slate Asset Management
Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.
Forward-Looking Statements
Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.
Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.
SGR-FR
Contacts
For Further Information
Investor Relations
+1 416 644 4264
ir@slateam.com
Kontrol Technologies Files Revised Business Acquisition Report and Provides Update on Proposed US Listing Application
TORONTO–(BUSINESS WIRE)–Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol”) a leader in smart buildings and cities through IoT, Cloud and SaaS technology, announces that today it has revised and refiled its business acquisition report (the “Revised BAR”) in connection with its previous acquisition of all of the issued and outstanding shares of Global HVAC & Automation Inc. (“Global”). The Revised BAR contains interim financial statements of Global for the period ended July 31, 2021, rather than for the period ended June 30, 2021, which was contained in the business acquisition report initially filed with respect to the acquisition of Global. The financial statements have also been revised to address certain deficiencies (such as not including a statement of retained earnings, cash flow statement or notes to the financial statements).
This filing is being made at the request of staff of the Ontario Securities Commission (the “OSC”) in connection with an OSC review being conducted in connection with the filing of a short form base shelf prospectus by Kontrol. The Revised BAR replaces and supersedes the business acquisition report filed by the Company on October 13, 2021, with respect to the acquisition of Global.
Kontrol also wishes to provide an update on its previously disclosed intention to seek a listing on a major US stock exchange, as set out in a previous press release on December 29, 2021. While Kontrol has had preliminary discussions with a US stock exchange in respect of this objective, due to market conditions no formal application to list on any US exchange has been made at this time.
About Kontrol Technologies Corp.
Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.
Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-looking Statements
This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements“) within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project”, “should” or similar words, including negatives thereof, suggesting future outcomes. Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of Kontrol, that may cause the actual results, level of activity, performance or achievements of Kontrol to be materially different from those expressed or implied by such forward looking statements. Although Kontrol has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Kontrol’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by applicable law, Kontrol assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.
Contacts
Kontrol Technologies Corp.
Paul Ghezzi
CEO
info@kontrolcorp.com
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: (905) 766.0400
Investor Relations:
Brooks Hamilton
MZ Group – MZ North America
KNRLF@mzgroup.us
Tel: +1 (949) 546.6326
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