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StorageVault Completes Purchase for $71,500,000

September 18, 2024 By Globenewswire Tagged With: TSX:SVI

TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that it has completed the acquisition of the two adjacent properties, located in Toronto, ON announced on July 16, 2024 for an aggregate purchase price of $71,500,000 (the “Acquisition”). The total purchase price of the Acquisition, subject to customary… [Read More]

Beacon Expands Digital Platform to Support Canadian Customers

September 18, 2024 By Business Wire

Provides roofing contractors with online capabilities to gain efficiency in real-time

HERNDON, Va.–(BUSINESS WIRE)–$becn #Ambition2025—Beacon (Nasdaq: BECN) the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today that it has launched its industry-leading digital platform, Beacon PRO+®, in Canada.




Beacon PRO+ is a robust, no-cost digital tool that is used by thousands of U.S. roofing contractors to manage their business and sales process anywhere at any time. At the office or on-the-go, customers can find product descriptions and specifications optimized to their area and order templates to help ensure a complete and accurate order.

“I’m thrilled to make Beacon PRO+ available to our Canadian contractors in both English and French. The efficiencies gained will allow them to stand out from competitors with responsiveness and planning,” commented Charles Michaud, Regional Vice President for Canada at Beacon.

“Customers value the investment we have made to bring them features like customized pricing and quotes, order history and templates as well as online bill payment. Now, Canadian contractors can build their businesses faster with the confidence that Beacon PRO+ is on the job 24/7,” explained Jonathan Bennett, Chief Commercial Officer at Beacon.

Since 2017, Beacon has supported customers with digital capabilities to help them grow their businesses. During the three months ended June 30, 2024, digital sales reached approximately 26% of residential sales underscoring contractors growing demand for digital tools. Expanding our digital platforms and penetration is a key element of driving above market growth in our Ambition 2025 plan.

About Beacon

Founded in 1928, Beacon is a Fortune 500, publicly-traded specialty distributor of building products, including roofing materials and complementary products, such as siding and waterproofing. The company operates over 570 branches throughout all 50 states in the U.S. and 7 provinces in Canada. Beacon serves an extensive base of nearly 100,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT®, and has a proprietary digital account management suite, Beacon PRO+®, which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit www.becn.com.

Contacts

INVESTOR CONTACT
Binit Sanghvi

VP, Capital Markets & Treasurer

Binit.Sanghvi@becn.com
972-369-8005

MEDIA CONTACT
Jennifer Lewis

VP, Communications and Corporate Social Responsibility

Jennifer.Lewis@becn.com
571-752-1048

SmartCentres Declares Distribution for September 2024

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

TORONTO, Sept. 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 September 2024 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on October 15, 2024 to unitholders… [Read More]

Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of September, 2024

September 17, 2024 By Business Wire

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


TORONTO–(BUSINESS WIRE)–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 September, 2024 of $0.063333 per trust unit, representing $0.76 per trust unit on an annualized basis, payable on October 15, 2024 to Unitholders of record at the close of business on September 30, 2024.

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 further information:
Mario Barrafato

Chief Financial Officer

Choice Properties REIT

(416) 628-7872

Mario.Barrafato@choicereit.ca

CAPREIT Announces That ERES Has Agreed to Sell Over $1 Billion of European Properties

September 17, 2024 By Globenewswire Tagged With: TSX:CAR.UN

This news release constitutes a “designated news release” for the purposes of CAPREIT’s prospectus supplement dated February 22, 2024, to its short form base shelf prospectus dated May 9, 2023. TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that certain subsidiaries of European Residential Real… [Read More]

ERES Announces Approximately €748 Million in Strategic Dispositions

September 17, 2024 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN) (“ERES” or the “REIT”) announced today the following transactions (all amounts disclosed herein exclude transaction costs and other customary adjustments): ERES Limited Partnership (“ERES LP”) and certain other subsidiaries of ERES have entered into an agreement (the “Disposition Agreement”) with an… [Read More]

Allied Announces September 2024 Distribution

September 16, 2024 By Globenewswire Tagged With: TSX:AP.UN

TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of September 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on October 15, 2024, to unitholders of record as… [Read More]

Flagship Communities Real Estate Investment Trust Announces September 2024 Cash Distribution

September 16, 2024 By Globenewswire Tagged With: TSX:MHC.U, TSX:MHC.UN

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0492 per REIT unit for the month of September 2024, representing US$0.59 per REIT unit on an annual basis…. [Read More]

ERES REIT Declares September 2024 Monthly Distribution

September 16, 2024 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the September 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “September Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]

CAPREIT Announces September 2024 Distribution

September 16, 2024 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its September 2024 monthly distribution in the amount of $0.125 per Unit (or $1.50 on an annualized basis). The September 2024 distribution will be payable on October 15, 2024 to Unitholders of record at the close… [Read More]

Real Begins September With More than 21,000 Agents

September 16, 2024 By Business Wire

Top-performing teams continue to join Real’s technology-powered platform

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, today announced it continued to add top teams throughout North America in August. The company’s agent count now stands at more than 21,000.

“Real continues to attract high-performing teams and independent brokerages who are looking for a brokerage partner dedicated to serving them and their evolving needs,” said Sharran Srivatsaa, President of Real. “The agents joining in August bring a wide range of experience serving clients throughout the U.S. and Canada, and we are thrilled to welcome them to Real.”


The following are some of the teams joining Real during the month of August:

  • Story House Real Estate, led by Sasha Tripp. Consistently ranked as one of the best brokerages in Charlottesville, Va., the boutique firm brings six agents to Real. Since its founding in 2018, Story House has distinguished itself by giving back to the community through volunteer hours, local sponsorships and a donation on behalf of each closed client to a charity of their choice. The brokerage completed home sales totaling $120 million in 2023 and joins as part of Real’s Private Label program, designed for brokerages looking to maintain the brand they’ve built.
  • Wendy Rodriguez Real Estate Team, led by Wendy Rodriguez. The six-agent team is based in Bay Shore, N.Y. and serves Long Island’s South Shore. Founded in 2020, the team closed home sales totaling $50 million in 2023.
  • Capital and Coast, led by Pam Saxman. The team’s 11 agents serve the Raleigh area to the North Carolina Coast. Since 2022, Capital and Coast has closed home sales valued at more than $90 million, including $50 million in 2023.
  • More Estates, led by Zack Sperow and Jacque Gaitan. The three-agent team serves California’s Napa Valley, Solano and Sonoma counties. Sperow was named a Rising Star during his first year as an agent. Since 2017 the independent brokerage has closed home sales totaling over $192 million, including $39 million in 2023. More Estates joins as part of Real’s Private Label program, designed for brokerages looking to maintain the brand they’ve built.
  • Reach Home Group, led by Matthew Kochis. Founded in 2022, the 10-agent team serves the Greater Phoenix metro. It closed sales of $39 million in 2023.
  • HBH Realty, led by Jordan Hosey. The six-agent team serves the Birmingham, Ala., metropolitan area and has distinguished itself by offering a comprehensive approach designed to help their clients achieve their financial goals. Named Rookie of the Year by the Birmingham Association of Realtors in 2017, Hosey and her team closed home sales valued at $31 million in 2023.
  • Talia & Associates, led by Talia Gila. The newly formed team brings four agents to Real who will serve the Greenville, S.C. metro. As a solo agent, Gila sold 83 homes valued at $29 million in 2023.
  • Expand Real Estate Group, led by Omar Alfaro. Founded in 2016, the team’s 15 agents serve California’s Inland Empire, including Rancho Cucamonga, Ontario, Victorville, Apple Valley, Hesperia, San Bernardino, Big Bear Lake, Arrowhead Lake and Sugarloaf. It closed home sales totaling $25 million in 2023.
  • The Logan Home Group, led by John Logan. Logan leverages his military background to help Veterans and military service members and their families with their real estate needs throughout Maryland, Northern Virginia and D.C. The four-agent team closed 55 home sales valued at more than $24 million in 2023.

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 21,000 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 agent count.

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, please contact:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

StorageVault Announces Quarterly Dividend for Q3 2024

September 13, 2024 By Globenewswire Tagged With: TSX:SVI

TORONTO, Sept. 13, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) announced today that a quarterly dividend of $0.002917 per common share (“Common Share”) will be payable on ‎October 15, 2024, to shareholders of record on September 27, 2024, with an ex-dividend date of September 27, ‎‎2024. This dividend has been… [Read More]

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