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ERES REIT Commences 2022 Growth With €65MM in Acquisitions in The Netherlands

January 31, 2022 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, Jan. 31, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has completed the acquisition of 45 residential suites, 3 commercial units and 26 parking spaces located in Rijswijk, the Netherlands (the “De Generaal 2 Property”), and has also entered into an agreement to… [Read More]

CROMBIE REIT ANNOUNCES CLOSING OF $200 MILLION EQUITY FINANCING

January 31, 2022 By NewsWire Tagged With: TSX:CRR.UN

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ NEW GLASGOW, NS, Jan. 31, 2022 /CNW/ – Crombie Real Estate Investment Trust (“Crombie” or the “REIT”) (TSX: CRR.UN) announced today that it has closed its previously announced offering, on a bought-deal basis, of $117 million of trust units (the “Units”) at a… [Read More]

Tokens.com Purchases Premium Waterfront Real Estate in the Somnium Space Metaverse

January 31, 2022 By Business Wire

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 crypto assets linked to the Metaverse, Decentralized Finance (“DeFi”), Non-Fungible Tokens (“NFTs”) and Play-to-Earn Gaming (“P2E”), is pleased to announce that its subsidiary, Metaverse Group, has purchased four extra large premium virtual waterfront parcels in the Somnium Space metaverse.

The premium waterfront parcels diversify Metaverse Group’s eight-figure real estate portfolio across several metaverses. The virtual real estate provides new opportunities for brands to connect with new audiences and showcase their ecommerce offerings in the metaverse. Metaverse Group’s additional parcel purchases continue to solidify its position as leading metaverse real estate owners and developers.

“We are diversifying our virtual land holdings to make navigating the metaverse more accessible to brands beginning or expanding their metaverse marketing strategies,” commented Tokens.com CEO, Andrew Kiguel. “In addition, we are working to democratize all Web3 assets, making them available to the public in liquid form through our publicly traded shares. Tokens.com continues to be one of the only publicly traded companies offering such an extensive and diverse portfolio of crypto assets including the metaverse, P2E Gaming, NFTs, DeFi and staking.”

Metaverse Group’s newly acquired premium parcels were strategically chosen due to their high retail value, given that they are positioned on exclusive waterfront. Much like property in the physical world, virtual lots that are positioned near water hold a higher value than those inland. Metaverse Group owns a total of 11 parcels positioned on waterfront and inland equivalent to 18,000 sq feet purchased for 58,000 CUBE, the Somnium Space native currency. Parties interested in virtual land parcels can contact landsales@metaversegroup.com.

Somnium Space is a virtual reality (VR) world built on the Ethereum blockchain. An open-source platform, Somnium Space allows users to buy digital land, homes, buildings, and myriad in-game assets of value in its online multiverse. Somnium space is compatible with Oculus Quest, a virtual reality headset. Somnium Space gained significant attention in 2021 when Tyler and Cameron Winklevoss joined the project as official advisors and made an investment through the Gemini Frontier Fund.

About Tokens.com

Tokens.com Corp is a publicly traded Web3 company that owns an inventory of Metaverse, P2E, DeFi and NFT 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 skates 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.

For further information please visit Tokens.com

Keep up-to-date on Tokens.com developments and join our online communities at 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 Crypto Valley, 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

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

STARLIGHT U.S. RESIDENTIAL FUND ANNOUNCES CORRECTION OF JANUARY 2022 DISTRIBUTIONS

January 28, 2022 By NewsWire Tagged With: TSX VENTURE:SURF.A, TSX VENTURE:SURF.U

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, Jan. 28, 2022 /CNW/ – Starlight U.S. Residential Fund (TSX.V: SURF.A) (TSX.V: SURF.U) (the “Fund“) today announced its January 2022 cash distribution amounts on its outstanding Class A Units, Class C Units, Class D Units, Class E Units, Class F… [Read More]

Dream Announces the Creation of the Dream Community Foundation

January 28, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM UNLIMITED CORP. (TSX:DRM) (“Dream”) today announced the creation of the Dream Community Foundation (the “Foundation”), a non-profit organization dedicated to improving the well-being of individuals, families, and neighbourhoods across Canada. In conjunction with Dream, the Dream Community Foundation will support and expand Dream’s overall impact mandate with a specific focus on building inclusive communities through resident and community benefits and programming that go above and beyond traditional property management.

The Foundation will be supported by a seed commitment of $25 million from the Cooper family, which will be donated over the next five years, continuing the Cooper family’s commitment to building more inclusive communities. As one of Canada’s most innovative real estate companies, Dream is focused on developing and operating properties by incorporating affordable and attainable housing, fostering inclusivity, and managing resource efficiency, while pursuing sustainable market returns.

“Over the past few years, Dream has made significant strides in creating low carbon, affordable and attainable communities in Canada, including Zibi, the West Don Lands and our recent multi-family acquisitions including Weston Common and 9 other apartment buildings,” said Michael Cooper, Founder of the Dream Group of Companies. “Now, with the Dream Community Foundation, we can build on Dream’s impact goals and co-create with residents in neighbourhoods across the country to make these communities more inclusive.”

Working in partnership with the Dream Group of Companies (collectively Dream Unlimited Corp., Dream Impact Trust, Dream Impact Fund, and Dream Office REIT) as well as existing registered charities, local community organizations and non-profits, the Foundation will support existing initiatives and programs, in addition to creating its own. These initiatives and programs will focus on four pillars: Affordable Living, Health & Wellness, Education & Skills, and Culture & Belonging. Together with residents and local stakeholders in the community, the Foundation will develop inclusive programming and services.

The Foundation held its first event, a three-day multicultural holiday celebration at Dream’s Weston Common, in partnership with the Weston Village Business Improvement Area and Artscape Weston Common. The event highlighted various winter holidays celebrated in the community, including Kwanzaa, Diwali, Hanukkah, Christmas, and Lunar New Year, welcoming over 600 residents. Further programming and partnerships will be developed based on residents’ feedback and expanded to other communities through 2022 and 2023.

In Ottawa, the Foundation will also be working with a local affordable housing partner to provide on-site community programming and support to residents of the LeBreton Flats Library Parcel development. Programming will be delivered to further community well-being for all tenants in affordable units and rental units to foster a thriving and resilient community. Programming will specifically be geared towards Indigenous peoples, veterans, new immigrants, women and children, and adults with cognitive disabilities.

“We’re incredibly excited by the opportunity to make a real difference in communities like Weston Common,” said Krystal Koo, Chair of the Board of the Dream Community Foundation. “By investing in artistic, educational, and food security-based programs and services, we hope to strengthen community bonds and improve health outcomes.”

The Dream Community Foundation’s work will be assessed in line with Dream’s impact Management Framework, with a focus on alignment with the United Nations Sustainable Development Goals. In addition, the Foundation will add assessment through the lens of the World Health Organization’s Social Determinants of Health. These reflect the socioeconomic and cultural conditions that contribute to health and well-being beyond pure healthcare access and quality. The Foundation will also subject itself to Charity Intelligence Canada’s Social Impact Ratings system to ensure meaningful, quantifiable, and accountable impact metrics on an organization-wide basis. The Foundation will produce an annual report summarizing how its programs and services have delivered on these metrics.

The Foundation is currently incorporated federally as a not-for-profit corporation and is in the process of seeking to become a registered charity.

For more information, visit our website.

About Dream Unlimited Corp.

Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the U.S., and has an established and successful asset management business, inclusive of $13 billion of assets under management across three Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We also develop land and residential assets in Western Canada. Dream expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities. For further information please visit www.dream.ca.

Contacts

Dream Unlimited Corp.
Krystal Koo

Chair, Dream Community Foundation Board

(416) 365-3535

kkoo@dream.ca

Kim Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

Morguard Corporation Completes Acquisition of Luxury Multi-Purpose Complex in Los Angeles’ Creative Epicentre

January 27, 2022 By NewsWire Tagged With: TSX:MRC

Morguard expands its ownership of Lumina, a luxury mixed-use asset located in the heart of Hollywood MISSISSAUGA, ON, Jan. 27, 2022 /CNW/ – Morguard Corporation (TSX: MRC) (“Morguard”) announced today that it has acquired the remaining 40.9% ownership of Lumina, a premium mixed-use property in Los Angeles, the second largest city in the US by… [Read More]

Slate Office REIT Announces High Court Approval to Acquire C$254.8 Million Irish Entity That Owns a Portfolio of Office, Life Sciences and Lite-Industrial Real Estate in Ireland

January 27, 2022 By Globenewswire Tagged With: TSX:SOT.UN

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of office real estate, announces today that the Scheme of Arrangement1 in respect of the REIT’s Firm Offer2 to acquire all of… [Read More]

RioCan Real Estate Investment Trust To Host 2022 Virtual Investor Day on February 23, 2022

January 27, 2022 By Globenewswire Tagged With: TSX:REI.UN

TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) announced that it will host its 2022 Virtual Investor Day on Wednesday, February 23, 2022 at 1:00 PM ET. President and Chief Executive Officer, Jonathan Gitlin, and members of RioCan’s leadership team will discuss RioCan’s current operations, recent developments, and… [Read More]

KILLAM APARTMENT REIT ANNOUNCES $85 MILLION BOUGHT DEAL PUBLIC OFFERING OF TRUST UNITS

January 26, 2022 By NewsWire Tagged With: TSX:KMP.UN

/NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ HALIFAX, NS, Jan. 26, 2022 /CNW/ – Killam Apartment REIT (“Killam” or the “REIT”) (TSX: KMP.UN) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets to issue… [Read More]

StorageVault Announces Graduation to the Toronto Stock Exchange

January 26, 2022 By Globenewswire Tagged With: TSX:SVI

TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that, further to its December 8, 2021 news release, StorageVault’s common shares, its 5.75% senior unsecured hybrid debentures and its 5.50% senior unsecured hybrid debentures will be listed and commence trading on the Toronto Stock Exchange (the “TSX”) at… [Read More]

Tricon Residential Launches Tricon Vantage Program to Help Residents Enhance their Financial Wellbeing

January 26, 2022 By NewsWire Tagged With: TSX:TCN

TORONTO, Jan. 26, 2022 /CNW/ – Tricon Residential Inc. (NYSE: TCN) (TSX: TCN) (“Tricon” or the “Company”), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, today announced the launch of Tricon Vantage, a market-leading program aimed at providing its U.S. residents with tools and resources to set financial goals… [Read More]

Dream Office REIT Q4 2021 Financial Results Release Date, Webcast and Conference Call

January 26, 2022 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) will be releasing its financial results for the quarter ended December 31, 2021, on Thursday, February 17, 2022.

Senior management will be hosting a conference call to discuss the financial results.

Conference call:

 

Date:

Friday, February 18, 2022 at 10:00 a.m. (ET)

Dial:

For Canada please dial: 1-888-465-5079

 

For International please dial: 416-216-4169

Passcode:

9160 842#

A taped replay of the call will be available for ninety (90) days. For access details, please go to Dream Office REIT’s website at www.dreamofficereit.ca and click on Calendar of Events in the News and Events section.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with approximately 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

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