Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, July 23, 2024 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its July 2024 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of… [Read More]
Timbercreek Financial Declares July 2024 Dividend
TORONTO, July 23, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on August 15, 2024 to holders of Common Shares of record on July 31, 2024. The Company also… [Read More]
Slate Office REIT to Release Second Quarter 2024 Financial Results
TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that it will be releasing its second quarter 2024 financial results before market hours on Friday, August 9, 2024. Senior management will host a live conference call at 9:00 a.m. ET on Friday, August 9, 2024 to discuss the results and ongoing business initiatives of the REIT.
Conference Call Details
The conference call can be accessed by dialing (289) 514-5100 or 1 (800) 717-1738. Additionally, the conference call will be available via simultaneous audio found at https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=9CEEC35C-3A76-4F0A-8C7F-8AC18EC8AF55&LangLocaleID=1033. A replay will be accessible until August 23, 2024 via the REIT’s website or by dialing (289) 819-1325 or 1 (888) 660-6264 (access code 59866#) approximately two hours after the live event.
About Slate Office REIT (TSX: SOT.UN)
Slate Office REIT is a global owner and operator of high-quality workplace real estate. The REIT owns interests in and operates a portfolio of strategic and well-located real estate assets in North America and Europe. The majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.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.
SOT-FR
Contacts
For Further Information
Investor Relations
+1 416 644 4264
ir@slateam.com
Watts Water Technologies, Inc. Announces Second Quarter 2024 Earnings Release and Earnings Conference Call
NORTH ANDOVER, Mass.–(BUSINESS WIRE)–Watts Water Technologies, Inc. (NYSE: WTS) will hold a live webcast of its conference call to discuss Second Quarter 2024 results on Thursday, August 8, 2024, at 9:00 a.m. Eastern Daylight Time. Watts Water Technologies, Inc. will announce its financial results for this period in a press release to be issued after market close on Wednesday, August 7, 2024.
This call can be accessed by visiting the Investor Relations section of the Company’s website at www.watts.com. Following the webcast, an archived version of the call will be available at the same address until August 7, 2025.
Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions to control the efficiency, safety, and quality of water within commercial, residential, and industrial applications. For more information visit www.watts.com.
Contacts
Watts Water Technologies, Inc.
Diane McClintock
Senior Vice President FP&A and Investor Relations
Telephone: 978-689-6153
Email: investorrelations@wattswater.com
H.I.G. Realty Expands Investment in Living Sector in Central London
LONDON–(BUSINESS WIRE)–#Amenities–H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $64 billion of capital under management, is pleased to announce that its newly established Living Platform has partnered with HUB Residential on a first project near Old Street, London.
With the London residential market experiencing acute housing shortages and affordability issues, the emerging of the Living Sector offers residents a valid alternative to traditional living options. The properties offer greater flexibility, a more efficient use of space, and enhanced amenities throughout the buildings. These amenities include co-working spaces, gyms, and cinema rooms aimed at creating a strong sense of community.
Riccardo Dallolio, Managing Director and Head of H.I.G. Realty in Europe, commented: “The London residential market continues to benefit from strong fundamentals and we believe the Living Sector will play a key role in centrally located neighbourhoods, such as Old Street. We believe there is an opportunity to grow this platform across a number of locations in London.”
Stelios Theodosiou, Managing Director at H.I.G. Realty, commented: “The transaction demonstrates our ability to identify secular trends and secure prime locations in the Living Sector. Sitting in the heart of London’s Technology & Innovation Belt, this seed asset provides an opportunity to establish an early presence, in partnership with high-quality partners such as HUB Residential, in a growing real estate sector.”
About H.I.G. Capital
H.I.G. is a leading global alternative investment firm with $64 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, and San Francisco in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, and Dubai, H.I.G. specializes in providing both debt and equity capital to mid-sized companies, utilizing a flexible and operationally focused/value-added approach:
- 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.
- 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. also manages a publicly traded BDC, WhiteHorse Finance.
- H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
- 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 400 companies worldwide. The Firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.
*Based on total capital raised by H.I.G. Capital and its affiliates.
Contacts
Riccardo Dallolio
Managing Director
rdallolio@hig.com
Stelios Theodosiou
Managing Director
stheodosiou@hig.com
H.I.G. Capital
10 Grosvenor Street
2nd Floor
London W1K 4QB
United Kingdom
P +44 (0) 207 318 5700
hig.com
Nexus Industrial REIT Announces Second Quarter Results Date, and July and August Distributions
TORONTO, July 18, 2024 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today that it intends to release its financial results for the quarter ended June 30, 2024, before the opening of the TSX on Thursday August 15, 2024. Management of the REIT will host a conference call at 10:00 AM… [Read More]
SmartCentres Real Estate Investment Trust Announces $350 Million Series AA Senior Unsecured Debenture Issue
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, July 18, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that it has priced an offering of $350 million aggregate principal amount of 5.162% Series AA senior unsecured debentures on an agency basis…. [Read More]
Dream Office REIT Q2 2024 Financial Results Release Date, Webcast and Conference Call
TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office”) will be releasing its financial results for the quarter ended June 30, 2024, on Friday, August 9, 2024.
Senior management will be hosting a conference call to discuss the financial results. Participants may join the conference call by audio or webcast.
Conference Call: |
||
Date: |
Monday, August 12, 2024 at 9:00 a.m. (ET) |
|
Audio: |
1-844-763-8274 (toll free) |
|
647-484-8814 (toll) |
||
Webcast: |
A live webcast will also be available in listen-only mode. To access the simultaneous webcast, go to the Calendar of Events on the News and Events page on Dream Office’s website at www.dreamofficereit.ca and click on the link for the webcast. |
|
Digital Replay: |
A taped replay of the call will be available for ninety (90) days. For access details, please click on the Calendar of Events on Dream Office’s website. |
About Dream Office
Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 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
For further information, please contact:
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
Cargill Surpasses 50 Percent Completion Milestone for Regina Canola Processing Facility Build
Cargill anticipates facility to open in 2025
REGINA, Saskatchewan–(BUSINESS WIRE)–Cargill, a global leader in oilseed processing, today announced it has surpassed the 50 percent completion milestone in the construction of its new canola facility located at the Global Transportation Hub in West Regina, Sask. Cargill broke ground on the facility in July 2022 and anticipates opening in 2025. The new facility will have the capacity to process 1 million metric tons of canola per year, producing crude canola oil for food and biofuel markets and canola meal for animal feed.
“The addition of the Regina facility to the Cargill network will play a critical role connecting the Canadian canola industry to the expanding domestic and global market opportunities for vegetable oil, high quality meal and biofuels,” said Jeff Vassart, president of Cargill Canada. “The current construction environment is full of unique challenges and this project has faced many headwinds since we broke ground, but we are committed to becoming a best-in-class option for canola growers in the region, along with helping decarbonize the global food and fuel supply chain.”
To support rail and road infrastructure around the new plant, Cargill recently completed the purchase of just over 400 acres near the Global Transportation Hub. This will allow for better connection to existing rail lines, providing efficient access to destination markets for both meal pellets and canola oil. Additionally, this will mean the site has additional optionality to bring canola seed to Regina when needed, providing a new destination for farmers in western Canada.
Cargill offers a full suite of solutions for farmers across western Canada – from grain marketing and advisory services to crop inputs and agronomic expertise. Canadian canola growers can maximize the value of their canola through a variety of programs. Learn more at CargillAg.ca.
About Cargill
Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living.
Our 160,000 team members innovate with purpose, providing customers with life’s essentials so businesses can grow, communities prosper, and consumers live well. With 159 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing—today and for generations to come. For more information, visit Cargill.com and our News Center.
Contacts
Bridget Christenson
Cargill
media@cargill.com
The Becker Milk Company Limited: 2024 Annual Financial Results
TORONTO, July 16, 2024 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) is pleased to report the results for the year ended April 30, 2024. HIGHLIGHTS Total revenues for the year ended April 30, 2024 were $3,045,648 compared to $2,860,435 for the same period in 2023; The non-IFRS financial measure Net Operating… [Read More]
StorageVault to Acquire $71,500,000 of Assets; Updates Previously Announced Transactions
TORONTO, July 16, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that it has agreed to acquire two adjacent properties in southern Ontario from two arm’s length vendors (the “Vendors”) for an aggregate purchase price of $71,500,000, subject to customary adjustments (the “Acquisition”). The purchase price is expected to be… [Read More]
SmartCentres Declares Distribution for July 2024
TORONTO, July 16, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of July 2024 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on August 15, 2024 to unitholders… [Read More]
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