• Sign up for the Daily Digest Email!
  • Twitter
  • Facebook
  • Google Plus One
  • RSS

REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada

  • Home
  • Headlines
  • Daily Digest Email
  • Canadian REITs

Choice Properties Real Estate Investment Trust Schedules Fourth Quarter 2024 Results Release

December 25, 2024 By Business Wire

TORONTO–(BUSINESS WIRE)–#ChoiceProperties–Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it will be reporting fourth quarter 2024 results on Wednesday, February 12, 2025, after-market hours.


Management will host a conference call the next day on Thursday, February 13, 2025 at 10:00 AM (ET) with a simultaneous audio webcast. To access via teleconference please dial 1 (888) 330-2379 or 1 (240) 789-2710 and enter the event passcode: 4788974. The link to the audio webcast will be available on www.choicereit.ca/events-webcasts.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through places where people thrive.

We are more than a national owner, operator and developer of high-quality commercial and residential real estate. We believe in creating spaces that enhance how our tenants and communities come together to live, work, and connect. This includes our industry leadership in integrating environmental, social and economic sustainability practices into all aspects of our business. 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.sedarplus.ca.

Contacts

For more information:

Mario Barrafato

Chief Financial Officer

Choice Properties REIT

(416) 628-7872

Mario.Barrafato@choicereit.ca

The Real Brokerage Inc. Publishes Inaugural Sustainability Report

December 24, 2024 By Business Wire

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, is proud to announce the release of its inaugural Sustainability Report.


“Our first Sustainability Report marks a significant step in our journey toward responsible business practices and a sustainable future in real estate,” said Tamir Poleg, Chairman and CEO of Real. “While we are proud of the progress we’ve made to date, we recognize there is much more to accomplish. We look forward to continuing this journey alongside our stakeholders as we advance sustainability initiatives that create long-term value for our shareholders, agents, employees, communities, and partners.”

Key highlights from the report include:

  • Innovative Technology Initiatives: Continued enhancement of Leo, an AI-powered virtual assistant that enhances agent productivity while promoting resource efficiency.
  • Supporting Communities: Expansion of the One Real Impact program to support agents during times of hardship.
  • Employee-Centered Policies: Implementation of a flexible PTO policy to promote employee well-being and work-life balance.
  • Cybersecurity Measures: Development of a framework to protect sensitive data.

With over 23,000 agents across North America, Real’s rapid growth is underpinned by its dedication to responsible and sustainable business practices. The company’s innovative technology platform positions it uniquely to reshape the home buying and selling experience in a more efficient and sustainable way.

The inaugural Sustainability Report is available on Real’s website by following this link.

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 throughout the U.S. and Canada, Real supports more than 23,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses.

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 of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real’s initiatives and programs, and ability to continue to attract agents.

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, Real’s ability to attract new agents and retain current agents and those risk factors discussed under the heading “Risk Factors” in the Company’s Annual Information Form dated March 14, 2024, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. 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

Strategic Storage Growth Trust III, Inc. Expands Portfolio With New Acquisition in Alberta, Canada

December 23, 2024 By Business Wire

LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), is pleased to announce the acquisition of its newest self-storage facility in Edmonton, Alberta, Canada.


Located at 14135 128 Ave NW in Edmonton, Alberta, this newly acquired Class A property spans approximately 65,200 net rentable square feet. It features a single-story building with approximately 480 interior climate-controlled units and two additional buildings offering approximately 80 drive-up units. The facility is easily accessible from St. Albert Trail, a major arterial road, and Yellowhead Trail, an expressway used by more than 80,000 commuters daily, and it serves both urban and suburban areas. The above-average median household incomes within a five-mile radius further highlight the site’s strong market potential. This facility is well-suited to serve the neighborhoods of Hudson, Wellington, Athlone, Kensington, Calder, Rosslyn, Prince Charles, Sherbrooke, Woodcroft, Dovercourt, North Glenora, Glenora, Westmount, Grovenor and Northwest Edmonton.

H. Michael Schwartz, CEO and President of SSGT III, expressed his enthusiasm for the acquisition, stating, “This property reflects our commitment to growing our presence in Canada and providing premium storage solutions. By expanding in the greater Edmonton area, we are excited to deliver unmatched convenience and security to the local community, further solidifying our reputation as a leader in the self-storage industry.”

About Strategic Storage Growth Trust III, Inc. (SSGT III):

SSGT III is a Maryland corporation that elected to qualify as a REIT for federal income tax purposes. SSGT III’s primary investment strategy is to invest in growth-oriented self-storage facilities and related self-storage real estate investments in the United States and Canada. As of December 18, 2024, SSGT III has a portfolio of six operating properties in the United States, comprising approximately 5,160 units and 556,400 rentable square feet; three operating properties in Canada, comprising approximately 1,640 units and 183,900 rentable square feet; and joint venture interests in two developments in two Canadian provinces (Québec and British Columbia). In addition, a subsidiary of SSGT III serves as the sponsor of a Delaware Statutory Trust, which owns two operating properties in the United States comprising approximately 1,040 units and 123,000 rentable square feet.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 525 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs. As of December 18, 2024, SmartStop has an owned or managed portfolio of 206 operating properties in 22 states and four Canadian provinces, comprising approximately 145,700 units and 16.4 million rentable square feet. SmartStop and its affiliates own or manage 38 operating self-storage properties in Canada, which total approximately 33,000 units and 3.4 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Melcor REIT Announces Special Distribution Payable by Issuance of Additional Trust Units

December 20, 2024 By Globenewswire Tagged With: TSX:MR.UN

EDMONTON, Alberta, Dec. 20, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) today announced that a special non-cash distribution in the amount of $0.36 per outstanding trust unit was declared payable to unitholders of record as at December 31, 2024. The amount of the special distribution is equal to… [Read More]

Dream Residential REIT Announces December 2024 Monthly Distribution

December 20, 2024 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U and TSX: DRR.UN) (“Dream Residential REIT” or the “REIT”) today announced its December 2024 monthly distribution in the amount of US$0.035 per unit (US$0.42 annualized). The December distribution will be payable on January 15, 2025 to unitholders of record as at December 31, 2024.


About Dream Residential REIT

Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns a portfolio of garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.

Contacts

For further information, please contact:

Dream Residential REIT

Brian Pauls
Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Derrick Lau
Chief Financial Officer

(416) 365-2364

dlau@dream.ca

Scott Schoeman
Chief Operating Officer

(303) 519-3020

sschoeman@dream.ca

Northview Residential REIT Announces December Distribution

December 19, 2024 By Globenewswire Tagged With: TSX:NRR-UN

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Dec. 19, 2024 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its December 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 December 2024 Dividend

December 19, 2024 By Globenewswire Tagged With: TSX:TF

TORONTO, Dec. 19, 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 January 15, 2025 to holders of Common Shares of record on December 31, 2024. The Company… [Read More]

Carlisle Companies Completes Purchase of Plasti-Fab

December 19, 2024 By Business Wire

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Carlisle Companies Incorporated (NYSE:CSL) today announced that it has completed the previously announced purchase of the expanded polystyrene “EPS” insulation segment of PFB Holdco, Inc., a portfolio company of The Riverside Company, composed of the Plasti-Fab and Insulspan brands (collectively referred to as “Plasti-Fab”) for $259.5 million in cash.


Plasti-Fab, headquartered in Calgary, Alberta, is a leading vertically integrated provider of EPS insulation products in Canada and the Midwestern United States with eight manufacturing locations across Canada and three in the United States serving the commercial, residential, and infrastructure construction markets.

The acquisition of Plasti-Fab is consistent with Carlisle’s Vision 2030 strategy, leveraging Carlisle’s mergers and acquisitions “M&A” engine and fulfilling its four core M&A tenets including an embedded organic growth story, identified hard cost synergies, a strong and experienced management team, and an ability to drive integration success utilizing the Carlisle M&A playbook.

About Carlisle Companies Incorporated

Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials (“CCM”) and Carlisle Weatherproofing Technologies (“CWT”) – and family of leading brands, Carlisle delivers innovative, labor reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Carlisle is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Leveraging its culture of continuous improvement as embodied in the Carlisle Operating System (“COS”), Carlisle has committed to achieving net-zero greenhouse gas emissions by 2050.

Contacts

Mehul Patel

Vice President, Investor Relations

Carlisle Companies Incorporated

(310) 592 – 9668

mpatel@carlisle.com

LP Building Solutions and LP Foundation Donate Over $1.3 Million in 2024 to Support Nonprofits, Schools, and Communities

December 18, 2024 By Business Wire

Year in giving reflects continued commitment to housing initiatives, environmental stewardship, and workforce development

NASHVILLE, Tenn.–(BUSINESS WIRE)–LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced contributions exceeding $1.3 million in 2024 through the LP Foundation and other corporate giving initiatives. This marks the fifth consecutive year of increased contributions and the fourth straight year surpassing $500,000 in annual donations. These funds have supported over 100 nonprofits and public schools.




The LP Foundation, an independent 501(c)(3) nonprofit entity fully funded by LP, has been Building a Better World™ since 1973. Today, it operates five philanthropic programs: Community Grants, Disaster Relief, Team Member Giving Matches, Team Member Nonprofit Board Service Grants, and a partnership with the Gary Sinise Foundation.

“Our mission is to strengthen communities, protect our environment, and foster the next generation of talent,” said LP Foundation President Breeanna Straessle. “We’re proud to see how our contributions continue to create a lasting impact across the U.S. and Canada.”

Strengthening Communities Through Strategic Giving

The LP Foundation prioritizes three areas aligned with LP’s mission and values:

  • Affordable Housing: Supporting home-building initiatives in LP operational areas
  • Environmental Stewardship: Protecting ecosystems and supporting resilient, biodiverse forests
  • Future Workforce Development: Attracting diverse talent in manufacturing, forestry, and construction trades

In 2024, the Foundation awarded nearly $500,000 in community grants to dozens of nonprofits, including Dickinson Trail Network in Michigan to expand non-motorized trails and Goodwill Industries of Middle Tennessee’s Skilled Trades Training program. Other examples include grants to Cheekwood Estate & Gardens in Nashville for reforestation after severe weather events and Cameron Lake Outdoor Education Centre in British Columbia, which provides environmental education to public school students.

“With more than 2,300 trees, Cheekwood Estate & Gardens is an accredited arboretum that celebrates the diversity of Middle Tennessee’s native tree canopy and serves the community as an outdoor classroom, as well as a place for respite for people and wildlife,” said Cheekwood Vice President of Gardens and Facilities Peter Grimaldi. “On behalf of Cheekwood, we are eternally grateful for the LP Foundation’s generous support with funding to plant trees in our arboretum, which helps us replace the trees lost to extreme weather between 2021 and 2023. LP’s investment is invaluable to our ongoing mission to replant, restore, and renew our diverse tree collection.”

Expanding National Partnerships

LP deepened its partnership with the Gary Sinise Foundation in 2024, donating LP® SmartSide® Trim & Siding for specially adapted homes for wounded veterans. Last month, LP helped build a home for retired U.S. Army Sergeant Joshua Hargis in honor of Veterans Day.

“LP’s generosity enables us to further amplify our support of our nation’s incredible heroes and their families,” said Gary Sinise Foundation Executive Director Donna Mercier. “On behalf of our founder Gary Sinise, we are so grateful for their unwavering support of our mission.”

Disaster Relief and Community Resilience

Following Hurricane Helene’s devastation in the Southeast U.S., LP provided critical support to impacted areas in North Carolina and Tennessee, including donations to humanitarian relief efforts, over 6,000 bottles of water, and OSB for rebuilding projects.

“Our community faced catastrophic flooding, and LP’s swift response made a tangible difference,” said LP Roaring River HR Manager Constance Fine.

Fostering Workforce Development

LP is dedicated to building a more inclusive and skilled workforce, supporting initiatives like the Manufacturing Institute’s Women MAKE America and Heroes MAKE America programs, the Forest Workforce Training Institute, and the Building Talent Foundation, which connects young people and underrepresented groups to opportunities in construction trades.

Additional support was provided to organizations such as the National Association of Black Accountants, fostering diversity in finance and accounting, and other nonprofits that advance inclusion and career development in the manufacturing and forestry industries.

Learn more about LP’s philanthropic programs at LPCorp.com.

About LP Building Solutions:

As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP’s extensive portfolio of innovative and dependable products includes Siding Solutions (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding and LP® Outdoor Building Solutions®), LP Structural Solutions (LP® TechShield® Radiant Barrier, LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® FlameBlock® Fire-Rated Sheathing, LP NovaCore® Thermal Insulated Sheathing and LP® TopNotch® 350 Durable Sub-Flooring) and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 22 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.

Contacts

615-986-5886

Media.Relations@LPCorp.com

Urbanfund Corp. Declares Dividend

December 17, 2024 By Globenewswire Tagged With: TSX-V:UFC

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 17, 2024 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), announces that the Board of Directors of the Company has declared a dividend of $0.0125 per common share… [Read More]

SmartCentres Declares Distribution for December 2024

December 17, 2024 By Globenewswire Tagged With: TSX:SRU.UN

TORONTO, Dec. 17, 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 December 2024 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on January 15, 2025 to unitholders… [Read More]

Slate Grocery REIT Announces Distribution for the Month of December 2024

December 17, 2024 By Business Wire

TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declared a distribution for the month of December 2024 of U.S.$0.072 per class U unit of the REIT (“Class U Units”), or U.S.$0.864 on an annualized basis.


Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election.

Holders of class A units of the REIT (“Class A Units”) will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT (“Class I Units”) will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units (“Exchangeable Units”) will receive a distribution of U.S.$0.072 per unit.

If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution.

Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on January 15, 2025, to unitholders of record as of the close of business on December 31, 2024.

About Slate Grocery REIT (TSX: SGR.U / SGR.UN)

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants are expected to provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.

About Slate Asset Management

Slate Asset Management is a global investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

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.

SGR-Dist

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

  • « Previous Page
  • 1
  • …
  • 44
  • 45
  • 46
  • 47
  • 48
  • …
  • 1156
  • Next Page »

Sign up for the Daily Digest Email!

Receive the latest news stories from the REIT Report every morning for FREE!

100% Privacy. No SPAM. We promise.

Daily Movers

Ticker News Price Chg Chg%
d.un:ca$14.92.7118.16%
csh.un:ca$9.340.545.78%
ax.un:ca$6.920.223.13%
kmp.un:ca$17.730.623.5%
nwh.un:ca$8.020.222.69%
mrt.un:ca$5.24-0.01-0.19%
grt.un:ca$81.72-0.11-0.13%
hot.un:ca$2.53-0.01-0.39%
fcr.un:ca$15.35-0.05-0.32%
dir.un:ca$14.22-0.41-2.87%
 

Market Snapshot

  • Advertise
  • About
  • Contact
  • Privacy Policy

Copyright © 2025 · REIT REPORT