TORONTO, Feb. 01, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its fourth quarter and year ended December 31, 2021. “2021 was a strong year operationally and financially for Allied,” said Michael Emory, President & CEO. “FFO per unit came in at $2.405 and AFFO per… [Read More]
BSR REIT TO REPORT FOURTH QUARTER 2021 FINANCIAL RESULTS ON MARCH 8, 2022
LITTLE ROCK, Ark. and TORONTO, Feb. 1, 2022 /CNW/ – BSR Real Estate Investment Trust (the “REIT”) (TSX: HOM.U) (TSX: HOM.UN) today announced that it will release its 2021 fourth quarter financial results after market close on Tuesday, March 8th, 2022. Dan Oberste, Chief Executive Officer, and Susan Koehn, Chief Financial Officer, will host a conference… [Read More]
Invesque Announces Details of Fourth Quarter 2021 Earnings Conference Call
TORONTO, Feb. 1, 2022 /CNW/ â Invesque Inc. (the “Company”) (TSX: IVQ.U) (TSX: IVQ) will release its fiscal 2021 fourth quarter and year-end results on Wednesday, March 9, 2022, after markets close. Management of the Company will hold a conference call at 10:00 a.m. ET on Thursday, March 10, 2022, to review the financial results. CONFERENCE… [Read More]
Real Matters Announces Election of Directors
TORONTO–(BUSINESS WIRE)–Real Matters Inc. (“Real Matters”), a leading network management services platform for the mortgage and insurance industries, today announced that all of the nominees listed in Real Matters’ management information circular dated December 13, 2021, were elected as directors of Real Matters. The detailed results of the vote for the election of directors held at Real Matters’ Annual General Meeting of common shareholders are set out below:
Each of the following eight nominees proposed by management was elected as a director of Real Matters:
|
Nominee |
Votes For |
% Votes For |
Votes Withheld |
% Votes Withheld |
|
Garry Foster |
50,178,609 |
99.92% |
42,678 |
0.08% |
|
William Holland |
48,575,365 |
96.72% |
1,645,922 |
3.28% |
|
Brian Lang |
50,043,224 |
99.65% |
178,063 |
0.35% |
|
Karen Martin |
50,206,486 |
99.97% |
14,801 |
0.03% |
|
Frank McMahon |
50,180,294 |
99.92% |
40,993 |
0.08% |
|
Lisa Melchior |
48,574,327 |
96.72% |
1,646,960 |
3.28% |
|
Jason Smith |
50,034,469 |
99.63% |
186,818 |
0.37% |
|
Peter Vukanovich |
48,193,529 |
95.96% |
2,027,758 |
4.04% |
Final voting results on all matters voted on at the Annual General Meeting of common shareholders held earlier today will be published shortly on www.realmatters.com, and filed with the Canadian securities regulators.
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 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
Infinitum Electric Introduces Ultra High-Efficiency Motors for the Canadian Market
Air-core motors purpose-built for Canada deliver breakthrough efficiencies and simplify design for HVAC fan, pump and general purpose applications
LAS VEGAS–(BUSINESS WIRE)–Infinitum Electric, creator of the breakthrough air-core motor, today announced at the 2022 AHR Expo a new product line specifically built to support Canadian HVAC fan, pump and general purpose applications.
The new product line is an extension of Infinitum Electric’s IEs Series motors and will be available in the 575V, 5-15 horsepower range in 2H 2022. With the addition of the Canadian products, Infinitum Electric is delivering the most comprehensive range of power and frame sizes for the North American HVAC market. The IEs Series offers 10 percent more efficiency and IoT capabilities in a package that is 50 percent lighter and smaller, and significantly quieter than traditional motors.
To date, Canadian HVAC applications requiring 575V power have largely relied on suboptimal motor configurations due to a lack of focus on the specific needs of the Canadian market. HVAC applications have therefore used either an EC motor and a transformer to convert power, which adds costs and reduces overall efficiency, or a conventional, lower efficiency AC induction motor and VFD.
“Having a motor designed specifically for Canada greatly simplifies our engineering process and will ultimately help us deliver better products,” said Larry Hopkins, chief technology officer, XNRGY. “Infinitum Electric’s integrated motor and VFD gives us the breakthrough levels of efficiency our customers want, while its smaller size and light weight open new possibilities for our development team.”
“Infinitum Electric’s advancements in motor efficiency have the potential to spur innovation and reduce energy demand in Canadian HVAC and pump applications,” said Ivan Campos, research analyst, Omdia. “As supply chain issues continue, Infinitum Electric’s simple motor design, materials and PCB stator technology make it easier to source, produce and assemble motors close to their target market, reducing lead times.”
“We’re excited to expand our footprint and bring our proven IEs Series product line to Canada,” said Ben Schuler, founder and chief executive officer, Infinitum Electric. “We look forward to working with product manufacturers who are looking to achieve new levels of sustainability for fan, pump and general purpose applications.”
Infinitum Electric is exhibiting its full range of motors for HVAC fan and pump applications during the AHR Expo in Las Vegas Jan. 31-Feb. 2, 2022 at booth C6103, where attendees will be able to speak with company experts on designing products for greater efficiency, reliability and productivity.
About Infinitum Electric
Infinitum Electric has raised the bar for a new generation of motor that is better for the planet and people. The company’s patented air-core motors offer superior performance in half the weight and size, at a fraction of the carbon footprint of traditional motors, making them pound for pound the most efficient in the world. Infinitum Electric motors open up sustainable design possibilities for the machines we rely on to be smaller, lighter and quieter, improving our quality of life while also saving energy. Based in Austin, Texas, Infinitum Electric is led by a team of industry experts and pioneers. To learn more, visit www.infinitumelectric.com.
Contacts
Media Contact:
Erin Gilmore
Activate PR + Marketing on behalf of Infinitum Electric
egilmore@activateprmktg.com
512-466-4559
Westlake Royal Building Products™ Debuts New Brand and Roofing Lines at 2022 International Roofing Expo
New Brand Brings Together Boral® North America Roofing and DaVinci® Roofscapes Lines Into Industry-Leading, Comprehensive Roofing Solutions Offering
HOUSTON–(BUSINESS WIRE)–Westlake Royal Building Products™ unveils Westlake Royal Roofing™, one of six dynamic product solutions launched as part of a total brand transformation, at the 2022 International Roofing Expo (IRE), February 1-3 in New Orleans, Louisiana.
Westlake Royal Roofing brings together the portfolios of the former Boral® North America roofing and DaVinci® Roofscapes lines, both strategic acquisitions for Westlake Royal Building Products USA Inc., and its parent company, Westlake, during the past three years.
“The 2022 IRE show marks the first time we are coming together as Westlake Royal Building Products,” says Steve Booz, vice president of marketing for Westlake Royal Building Products. “As a leading supplier of clay, concrete, steel, and composite roofing, Westlake Royal is well-positioned to serve contractors, customers, and homeowners throughout North America.”
Westlake Royal introduces its rebranded clay, concrete, steel, and roofing components product lines, along with two new high-performance roof underlayment solutions, in booth #1713, including:
- US Tile® products, a legacy line of premium, stunning clay tile solutions manufactured to the highest standard of sustainability and craftsmanship (formerly known as US Tile® by Boral).
- Newpoint™ Concrete Tile Roofing, the enduring line of concrete tile known for its superior strength, Class A fire rating and long-lasting beauty (formerly known as Boral Concrete Roofing Tile).
- Unified Steel™ Stone Coated Roofing, the ultra-lightweight roofing system, which benefits from the structural strength of steel (formerly known as Boral Steel – Stone Coated Roofing).
- Westlake Royal Roofing Components™, a full line of integrated roof components designed to deliver a higher standard of roof installation and performance (formerly known as Boral Roof System Components).
New from Westlake Royal:
- SwiftGuard™ is a high-performance synthetic roof underlayment providing durable, all-weather protection from the elements and is ideal for use with all steep-slope roofing materials including tile, steel and shingles, as well as natural and composite slates and shakes. SwiftGuard™ includes innovative, patented nail gasketing technology, a high-grip backing and non-woven thermally embossed fiber face for increased deck grab and superior walkability.
- Sol-R-Skin™ BLUE; Highly durable and easy to install, Sol-R-Skin BLUE provides three key solutions–as a waterproofing layer, an energy-saving radiant barrier, and as an insulation blanket. It is suitable for use under nearly all steep-sloped roofing materials and can be applied in any climate and at any temperature. Sol-R-Skin™ BLUE is UV-resistant, boasts an anti-glare coating in cool blue, and offers Class A rated fire resistance when applied with stone-coated steel, concrete, and clay tile roof systems.
“These underlayments act as critical accompaniments to our clay, concrete, steel and composite roofing systems, improving weather resiliency, efficiency and extending the life of the roof overall,” says Eric Miller, vice president of sales and marketing for Westlake Royal Roofing.
Westlake Royal also features its DaVinci Roofscapes Composite Slate and Shake products in booth #1737, including:
- DaVinci Multi-Width Slate – These state-of-the-art tiles create enduring beauty on a home or commercial project. The ½-inch tiles are available in 12-, 10-, 9-, 7- and 6-inch widths and can be installed at 6-, 7-, 7-1/2, and 8-inch exposures.
- DaVinci Single-Width Slate – DaVinci Single-Width Slate tiles are 12” wide with a half-inch thickness. Modeled from actual slate for natural, non-repeating beauty, the tiles can be installed in straight or staggered positioning at 6-, 7-, 7-1/2, and 8-inch exposure.
- DaVinci Select Shake – Taken from natural wood profiles, molds recreate 5/8-inch-thick traditional shake profiles with 8- and 10-inch widths. 10-inch pieces have a simulated keyway, giving the look of 4- and 6-inch shakes to create a multi-width appearance.
- DaVinci Multi-Width Shake – Duplicating the profiles of real cedar, DaVinci Multi-Width Shake composite tiles have the advantages of color stability and resistance to fading, rotting, cracking and pests. The 5/8-inch-thick tiles are available in 9-, 8-, 7-, 6-, and 4-inch widths to create a realistic, natural-looking cedar shake roof.
- DaVinci Hand-Split Shake Siding – Featuring the appearance of authentic cedar shakes and will not deteriorate like real wood. Just as attractive as real cedar, the individual tile pieces will not curl, cup or split like real cedar.
To explore the full suite of Westlake Royal Roofing’s concrete, clay, steel, composite and components roofing solutions, including SwiftGuard and Sol-R-Skin BLUE, visit WestlakeRoyalRoofing.com.
About Westlake Royal Building Products
Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Mouldings, Roofing, Stone, Windows and Outdoor Living. For more than 50 years, Westlake Royal Building Products has manufactured high quality, low maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles, and accessories.
For more information, please visit WestlakeRoyalBuildingProducts.com. Follow us on LinkedIn and Instagram and “Like” us on Facebook.
Contacts
Ann Iten
ann.iten@westlake.net
Wendy Bruch
wbruch@davinciroofscapes.com
Tricon Announces Date for Year-End 2021 Results Conference Call
TORONTO, Jan. 31, 2022 /CNW/ – Tricon Residential Inc. (“Tricon” or the “Company”) (NYSE: TCN) (TSX: TCN), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, invites you to participate in its live conference call with senior management to discuss the Company’s financial results for the… [Read More]
ERES REIT Commences 2022 Growth With €65MM in Acquisitions in The Netherlands
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
/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
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
/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
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
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