NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent”) announced today that its distribution declared for the month of December 2021 is $0.0285 per Trust unit, equal to $0.3420 per Trust unit on an annualized basis. Payment will be made on or about January 17, 2022 to unitholders of record on December 31, 2021.

About InterRent

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

InterRent’s strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure, and offer opportunities for accretive acquisitions.

InterRent’s primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Sandy Rose, CFA

Director – Investor Relations & Sustainability

(514) 704-2459

sandy.rose@interrentreit.com
www.interrentreit.com

PASADENA, Calif.–(BUSINESS WIRE)–#crowncommercialservice—Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that it has been awarded a place on Crown Commercial Service’s Construction Professional Services framework.

Crown Commercial Service (CCS) supports the United Kingdom’s public sector to achieve maximum commercial value when procuring common goods and services. In 2020/21 CCS helped the public sector to achieve commercial benefits equal to £2.04 billion—supporting world-class public services that offer best value for taxpayers.

The framework, which has a potential spend of £1.7 billion, will cover multi-discipline environmental, civil and structural engineering, building services engineering, architectural, cost management, and project management services.

Tetra Tech has been awarded a position on all six lots of the new four-year agreement—the only consultancy to do so. The lots are divided by project type and focus on the built environment and general infrastructure, urban regeneration, international, high-rise structures, defense, and environment and sustainability.

This new framework replaces CCS’s previous Project Management and Full Design Team Services framework (RM3741), on which Tetra Tech was a named supplier. Tetra Tech has worked on projects for the Defence Infrastructure Organisation (DIO), HMRC Transformation Programme, South Eastern Health & Social Care Trust (SEHSCT), University of Exeter, and numerous local authorities across the UK.

“Public sector organizations across the UK are investing in their infrastructure using frameworks like those offered by CCS to ensure the highest quality and best value are achieved for their communities,” said Dan Batrack, Tetra Tech Chairman and CEO. “Using Tetra Tech’s Leading with Science^® approach, we can continue delivering excellence across vital public sector works and help support the Government’s long-term infrastructure strategies across the UK, including the design of sustainable infrastructure that helps achieve the UK’s net zero emission targets.”

About Crown Commercial Service

Crown Commercial Service (CCS) is an Executive Agency of the Cabinet Office, supporting the public sector to achieve maximum commercial value when procuring common goods and services. To find out more about CCS, visit: www.crowncommercial.gov.uk. Follow us on Twitter: @gov_procurement and LinkedIn: www.linkedin.com/company/2827044

About Tetra Tech

Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 21,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, sustainable infrastructure, renewable energy, and international development. We are Leading with Science^® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitter, and Facebook.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions (“Future Factors”), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section “Risk Factors” included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.

Contacts

Jim Wu, Investor Relations

Charlie MacPherson, Media & Public Relations

(626) 470-2844

Not for distribution to U.S. News Wire Services or dissemination in the United States.

TORONTO–(BUSINESS WIRE)–#ChoiceProperties–Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of December, 2021 of $0.061667 per trust unit, representing $0.74 per trust unit on an annualized basis, payable on January 17, 2022 to Unitholders of record at the close of business on December 31, 2021.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedar.com.

Contacts

Mario Barrafato

Chief Financial Officer

Choice Properties REIT

(416) 628-7872

Mario.Barrafato@choicereit.ca

Simply Group’s data also shows surge in essential home upgrades as Canadian homeowners prepare for winter

TORONTO–(BUSINESS WIRE)–As temperatures drop nationwide, Canadians are preparing their homes for winter while overcoming the rising cost of goods and supply chain delays. Simply Group, Canada’s non-bank consumer lender of choice, analyzed the third quarter of 2021 to understand how Canadians are planning their home improvement projects in anticipation of changing seasons and supply chain shortages.

In Q3, Simply Group’s data reported a 10 per cent increase in the total value of loan applications for home renovations and upgrades, when compared to the second quarter of 2021. Although the company saw a slight decrease in the number of loan applications, the total number of approved applications has remained steady (0.3 per cent).

“The rising cost of goods and services due to the supply chain issues has driven an increase in the total value of loans issued this quarter,” said Lawrence Krimker, CEO of Simply Group and owner of SNAP Home Finance. “With our innovative financing solutions, homeowners can better manage the rising costs associated with the products and services they need to modernize or safeguard their properties.”

Canadians prepare for winter with increase in HVAC installations

Although there was a slight decrease in essential renovation financing applications Q3 vs. Q2, Q3 reported a 27 per cent increase in application volume vs. Q1. This points to steady investment in essential home upgrades, such as HVAC, windows and doors, and roofing.

“This continued investment in essential home renovations shows that Canadians are still motivated to complete upgrades on their homes, and I expect to see this trend continue through Q4 and the winter,” added Krimker. “I would advise, that everyone considering these improvements plan ahead to avoid supply chain delays that are expected to continue through the winter.”

Maritime provinces show highest increase in applications

On a provincial level, Simply Group reported that Nova Scotia saw a 77 per cent increase in home renovation loan applications in Q3, compared to Q2 2021. Newfoundland followed with a 24 per cent increase in applications, and New Brunswick with a 6 per cent increase on loan applications in Q3, compared to the previous quarter. This provincial breakdown suggests growth of home-improvement financing in the Maritime Provinces – a trend tied to the record number of Canadians who re-settled on the Atlantic coast throughout the pandemic.

About Simply Group

With more than $3 billion home improvement loans to over 500,000 Canadians, Simply Group (mysimplygroup.com) provides consumers with industry leading, high-efficiency, home comfort equipment and financing solutions, to modernize their residential properties. Simply Group knows that its people are its greatest asset and is proud to be Great Place to Work-Certified since 2016. In 2020, Simply Group was named Best Business of the Year by the Canadian SME National Business Awards.

Contacts

For further information:

Jake Watson

VP Marketing

(647) 296-5160

Jacob.Watson@mysimplygroup.com

For media queries:

Emily Ellis

Senior Account Coordinator

Kaiser & Partners Inc.

emily.ellis@kaiserpartners.com
(905) 599-6138