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Lafarge’s Richmond Plant Commits to 100% Lower Carbon Cement

March 31, 2022 By Business Wire

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

March 31, 2022 By Business Wire

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:

  • Go to: https://event.on24.com/wcc/r/3289578/4E32D8D862FF59C7AA863AB15230EEF5

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

March 31, 2022 By Business Wire

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:

  1. 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.
  2. 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.
  3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
  4. 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

March 30, 2022 By Globenewswire Tagged With: TSX:SGR-U, TSX:SGR.UN

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

March 30, 2022 By NewsWire Tagged With: TSX:BTB.UN

/NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ MONTRÉAL, 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

March 30, 2022 By Globenewswire Tagged With: TSX:MRD

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

March 30, 2022 By NewsWire Tagged With: TSX:KMP.UN

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

March 30, 2022 By NewsWire Tagged With: TSX VENTURE:RSS

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

March 30, 2022 By NewsWire Tagged With: TSX VENTURE:TRBE

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]

Fluor Joint Venture Receives Final Notice-to-Proceed on Interstate 35E Phase 2 Project in Dallas

March 30, 2022 By Business Wire

IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that Lone Star Constructors, its joint venture with Austin Bridge & Road, has been granted final notice-to-proceed by the Texas Department of Transportation (TxDOT) that releases the full contract value and positions the venture for construction to begin on Phase 2 in summer of 2022 for the Interstate 35E (I-35E) project from Interstate 635 in Dallas to the Denton County line in Carrollton, Texas. The Fluor-led team was initially awarded the contract for this project in July 2021. Fluor booked its share of the approximately $640 million contract value in the third quarter of 2021.

“This project is part of TxDOT’s long-term plan to meet current and future travel demands by improving overall mobility, operational efficiency, accessibility, safety and emergency response,” said Thomas Nilsson, president of Fluor’s Infrastructure business. “When completed, this project will help alleviate traffic congestion to the surrounding communities and improve connectivity for all people in the Dallas metroplex.”

The 6.3-mile design-build project includes full reconstruction and expansion of six existing lanes to eight with new auxiliary lanes at entrance and exit ramps, along with the reconstruction of frontage roads along the corridor. Two existing reversible toll lanes will also be reconstructed.

The project’s anticipated completion is early 2026.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is building a better future by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 41,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $12.4 billion in 2021 and is ranked 196 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 100 years. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube.

#infra

Contacts

Brian Mershon

Media Relations

469.398.7621

Jason Landkamer

Investor Relations

469.398.7222

Procore’s Annual ROI Report Reveals Significant Customer Benefits Surrounding Sustainability, Safety, and the Labor Shortage in Construction

March 30, 2022 By Business Wire

CARPINTERIA, Calif.–(BUSINESS WIRE)–Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today released the results of its 2022 Customer Return On Invest (ROI) report. The report explores how the Procore platform is helping customers tackle the most daunting challenges in the industry, including sustainability, safety and the labor shortage by analyzing responses from 2,600+ customers across North and South America, Asia and Europe.


Key takeaways include:

  • Building Scalable Businesses: Customer respondents state that using Procore enables their project teams to manage 48 percent more construction volume per person, on average.
  • Reduced Rework: 75 percent of respondents agree Procore has helped reduce the amount of rework.
  • Improved Efficiency: Customer respondents reported saving an average of 15 days on the overall schedule on a typical project.
  • Safer Jobsites: 79 percent of customer respondents that use Quality and Safety agree Procore has improved their company’s safety programs.

Rising material costs and supply chain issues, labor shortages, slimming margins, continued project delays, increasing carbon emissions due to rework and waste and the need for more sustainable solutions are just a few obstacles the industry is facing and will continue to face in the years to come.

“We are proud to partner with the construction industry to help them do what they do best; build, maintain and power the places where we live, learn, work and play,” said Tooey Courtemanche, Founder & CEO of Procore. “Each year, our annual ROI report helps industry leaders and construction professionals gain insights into how their peers are leveraging construction tech to grow their businesses. This annual survey and report is one of the many avenues through which we get continuous feedback and work to improve the lives of everyone in our industry through our offerings.”

Key takeaways and supporting customer responses can be found below:

Building Scalable Businesses: Customer respondents believe using Procore enables their project teams to manage on average 48 percent more construction volume per person.

“If we didn’t have Procore, we wouldn’t be able to handle the many projects we have in our pipeline. Procore removes the tedious time-wasters like filling out reports and spreadsheets, giving us time to do other things, like going after more work.” – Marc Vicano, Project Manager, Vicano, General Contractor, Canada

Reduced Rework: 75 percent of customer respondents agree Procore has helped reduce the amount of rework taking place on their projects which leads to less carbon waste, more efficiency and delivering more projects on-time and on-budget.

“Implementing Procore has streamlined five systems into one central platform. We have gained new levels of automation and 100 percent visibility into projects, which lets us focus on enhancing our quality and compliance. Our next phase of implementation will see us introduce our subcontractors into Procore for better efficiency and productivity outcomes.” – Sebastian Jonsson, Director, Greenway, Specialty Contractor, New Zealand

Improved Efficiency: Customer respondents reported saving an average of 15 days on the overall schedule on a typical project.

“Procore saves me at least two hours every week. In the past, I’d spend the first two hours of my day truing-up items in the different systems. Now, all that’s taken care of for me in a few clicks. We’re talking about a total of 30 seconds.” – Gabriel Gutierrez, Financial Controller, Dolan Concrete, Specialty Contractor, United States

Safer Jobsites: 79 percent of customer respondents that use Quality and Safety agree Procore has improved their company’s safety program.

“With Procore, all health and safety issues or areas for improvement are rectified quicker and faster. Communication on health and safety issues has improved which makes sites safer and makes me happy.” – Kamil Kotowski, Head of Health and Safety, Kenham, General Contractor, United Kingdom

Procore’s sole focus is construction, from preconstruction to closeout, the Procore platform is purpose-built and developed to meet the needs of the construction industry. Continually recognized with top honors by leading user review sites such as G2, the Procore platform helps customers produce more value, deliver better project outcomes, and develop stronger, safer, and more productive teams.

To discover the tools that are driving results for construction leaders across the globe, download the Procore 2022 ROI Report today.

About Procore

Procore is a leading global provider of construction management software. Over one 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 in the United States, Canada and around the globe. Learn more at Procore.com.

PROCORE-IR

Contacts

Media Contact
Andee Brooker

press@procore.com

Investor Contact
Matthew Puljiz

ir@procore.com

CAPREIT Announces Timing of First Quarter 2022 Results & Conference Call

March 29, 2022 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, March 29, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three months ended March 31, 2022 after markets close on: Monday, May 16, 2022 A conference call to discuss the results will be hosted by the CAPREIT senior management… [Read More]

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