Approximately 14,000 suites to undergo energy efficient and carbon reduction measures Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX: CAR.UN) to lead large-scale upgrades focused on enhanced energy conservation and carbon reductions. Approximately 60 multi-unit residential buildings across Canada will undergo retrofitting. Projects expected to result in a significant reduction of carbon emissions annually…. [Read More]
Flagship Communities Real Estate Investment Trust Releases 2023 ESG Report
Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, May 01, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today published its fourth Environmental, Social and Governance (“ESG”) Report (the “Report”). The Report showcases the REIT’s ongoing commitments to resident well-being,… [Read More]
Real Opens Investor Q&A Portal Ahead of First Quarter 2024 Financial Results
TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced the opening of its shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the first quarter ended March 31, 2024. Real will hold the call at 8:00 a.m. ET on Tuesday, May 7, 2024.
Beginning today, any shareholder is invited to submit and upvote questions to management. To submit questions ahead of the conference call, please visit the Say portal at the link here. Shareholders using brokers that are integrated with Say can also participate directly through their investing app or broker’s website.
The Q&A platform will remain open through Monday, May 6, 2024 at 8:00 a.m. ET.
An audio-only webcast of the call may be accessed from the Investor Relations section of the company’s website at https://investors.onereal.com/ or by registering at the link here. A replay of the webcast will be available for one year.
About Real
Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence in all 50 states throughout the U.S. and Canada, Real supports more than 17,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses. Additional information can be found on its website at www.onereal.com.
Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to Real’s first quarter 2024 earnings call, the release of the financial results and the business and strategic plans of Real.
Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns and Real’s ability to attract new agents and retain current agents. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Contacts
Investor inquiries:
Ravi Jani
Vice President, Investor Relations and Financial Planning & Analysis
investors@therealbrokerage.com
908.280.2515
For media inquiries:
Elisabeth Warrick
Senior Director, Marketing, Communications & Brand
elisabeth@therealbrokerage.com
201.564.4221
Allied Announces First-Quarter Results
TORONTO, April 30, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for the three months ended March 31, 2024. Results In the first quarter, Allied’s operating income from continuing operations was $78 million, up 2% from the comparable quarter last year. Allied’s net loss and comprehensive loss was… [Read More]
Vena Excelerate Finance 2024 Conference in Nashville Sold Out
Annual event introduces inaugural Excelerate Finance Hackathon, new Vena Certification program via Vena Academy, the Venny Awards program and more to celebrate and empower finance innovators
TORONTO–(BUSINESS WIRE)–Vena, the Complete Planning platform loved by finance and trusted by business, today announced that tickets for Excelerate Finance 2024, the premier annual conference for finance, operations and business leaders, have sold out. The event will be held on May 15–16, 2024 in Nashville, Tennessee with a free live stream available for the global community of finance and operations professionals.
With a focus on learning, training and finance-led innovation, Excelerate Finance will provide unprecedented access to the latest skills, best practices, methodologies and cutting-edge technologies—from automation to generative AI—transforming the strategic office of finance with increased productivity, operational efficiency, accelerated insights and strategic potential. Attendees will get to learn from strategies, success stories and eureka moments shared by finance visionaries at leading organizations, as well as discover how to harness the latest Vena innovations and advancements in Microsoft 365 tools and capabilities for Complete Planning use cases with hands-on learning labs.
At the event, Vena will introduce the new Vena Certification program with on-site professional development sessions available for conference attendees. The program will also launch on demand via Vena Academy, the ultimate venue for always on, self-serve training across FP&A, Microsoft for finance and Vena Complete Planning. In addition, Vena will provide an exclusive first look at Vena Copilot for FP&A, a Complete Planning generative AI copilot purpose-built for FP&A teams and the organizations they support, as well as other game-changing product announcements.
Also on the agenda will be the inaugural Excelerate Finance Hackathon, along with the first-ever Venny Awards program celebrating visionaries who are shaping the future of strategic finance for their organizations across various industries.
“We’re going full force with our most immersive experience yet, and are excited to be back in person alongside our community of finance, operations professionals, business leaders, partners, industry experts and sponsors to continue supporting the evolution of the strategic office of finance with programs and events that help propel personal, professional and business growth,” said Allison Munro, Chief Marketing & Ecosystem Officer at Vena. “Over the course of the conference, the strategic office of finance will be elevated to new heights with deep dives and previews of technology innovations paving the way for a new generation of finance— including Vena Copilot for FP&A. Those joining us in person will have a chance to participate in the Vena Academy learning sessions while those who join the live stream will have access to exclusive content in partnership with the Financial Modeling World Cup.”
Joining Vena for this year’s landmark event are sponsors Microsoft, ProLytics, Delbridge, Marcum, RVNA Tech, ScaleNorth and Citrin Cooperman.
For more information on Excelerate Finance 2024 or to register for the free virtual experience, please visit www.exceleratesummit.com.
About Vena
Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,700 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com.
Contacts
Jonathan Paul
Vice President, Content Marketing
jpaul@venacorp.com
Halmont Properties Corporation Year End Results
TORONTO, April 29, 2024 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that net income for the year ended December 31, 2023, was $18.49 million as compared to $10.67 million for the year ended December 31, 2022. (millions, except per share amount) Year Ended December 31, 2023 … [Read More]
Nexus Industrial REIT Announces First Quarter Results Date
TORONTO, April 29, 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 March 31, 2024, before the opening of the TSX on Wednesday May 15, 2024. Management of the REIT will host a conference call at 10:00 AM… [Read More]
Timbercreek Financial Announces Conference Call to Discuss First Quarter Financial Results
TORONTO, April 29, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) will hold a conference call and live audio webcast at 1:00 p.m. (ET) on Tuesday, May 7, 2024, to discuss financial results for the quarter ended March 31, 2024. The financial results will be released on Monday, May 6, 2024, after the markets close…. [Read More]
Firm Capital Apartment REIT Reports Q4/2023 and 2023 Results and Provides Strategic Review Update
All figures in $USD unless otherwise noted. TORONTO, April 26, 2024 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (“the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the year ended December 31, 2023 as well as provide an update regarding the previously announced Strategic Review: EARNINGS For… [Read More]
Vantage Data Centers Secures $3 Billion Green Loan to Fuel North America Platform Expansion
Guided by its Green Finance Framework, company secures financing led by Wells Fargo to fund at least eight new and existing data center sites
DENVER–(BUSINESS WIRE)–Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced it has secured a $3 billion green loan from a bank syndicate led by structuring bank Wells Fargo Securities, LLC and joint bookrunners TD Securities, Truist Securities, Inc. and Scotiabank to fund the ongoing development of its North America data center platform.
The financing is a revolving credit facility with an initial collateral pool of eight leased and greenfield sites in both new and existing markets totaling nearly 1.4GW of IT capacity. Compared to typical project-specific construction loans, this model enables faster time-to-market for Vantage and its customers. Additionally, the loan affords Vantage the ability to add more North American assets to this credit facility in the future. Currently, Vantage’s North America platform includes 12 campuses across the United States and Canada.
“For the past several years, Vantage has prioritized innovative funding avenues to support our rapid expansion, and this revolving multi-asset development financing is no exception,” said Christophe Strauven, senior vice president, capital markets at Vantage. “We are dedicated to meeting our customers where they need us most. Our decision to pursue a flexible revolving credit facility allows us to access capital quickly and, therefore, begin development much earlier than project-specific loans, enabling Vantage to meet the ambitious timelines our customers require for critical IT capacity across North America.”
“Vantage would like to express our gratitude to our financing partners and the strategic long-term relationships we have with them,” said Sharif Metwalli, chief financial officer at Vantage. “We appreciate their backing, which underpins our ability to develop the digital infrastructure to support the next generation of technology, from cloud transformation to artificial intelligence (AI).”
This new financing, Vantage’s fifth green loan, was secured under the company’s Green Finance Framework and upholds its holistic approach to environmental, social and governance (ESG) principles. Dedicated to the sustainable development, delivery and operation of its data center facilities, Vantage leverages its green loans to support the research and development of next generation sustainable features in areas such as energy efficiency, water management and pollution prevention and works to operate in alignment with its own and customers’ carbon reduction goals.
So far this year, Vantage has announced a total of nearly $10 billion in financing to drive the company’s continuing global growth. In addition to today’s announcement, the company also announced a $6.4 billion equity investment led by DigitalBridge and Silver Lake in January, followed by a $64 million loan to support the development of Vantage’s first campus in Taiwan in March.
To learn more about the company’s expanding global portfolio, visit https://vantage-dc.com/data-center-locations/.
About Vantage Data Centers
Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.
For more information, visit https://www.vantage-dc.com.
Contacts
Mark Freeman
Vantage Data Centers
mfreeman@vantage-dc.com
+1-202-680-4243
Robin Bectel
REQ for Vantage Data Centers
vdc@req.co
+1-202-936-6335
StorageVault Reports 2024 First Quarter Results and Increases Dividend
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2024 first quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “Our national strategically located portfolio achieved same store NOI growth of 5.2%, AFFO growth of 6.6% per common share, while maintaining over 90%… [Read More]
FirstService Reports First Quarter Results
Double-Digit Revenue Growth Across Both Divisions Operating highlights: Three months ended March 31 2024 2023 Revenues (millions) $ 1,158.0 $ 1,018.4 Adjusted EBITDA (millions) (note 1) 83.4 82.1 Adjusted EPS (note 2) 0.67 0.85… [Read More]
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