TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) announces the declaration of a special dividend. SPECIAL DIVIDEND The Directors of the Company have declared a special dividend on Class B Special and Common Shares of $1.00 per share. This dividend will be paid to those shareholders of record… [Read More]
Slate Grocery REIT to Release Fourth Quarter and Year End 2023 Results
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 it will be releasing its fourth quarter and year end 2023 financial results before market hours on Wednesday, February 14, 2024. Senior management will host a live conference call at 9:00 am ET on Wednesday, February 14, 2024 to discuss the results and ongoing business initiatives of the REIT.
Conference Call Details
The conference call can be accessed by dialing (416) 764-8658 or 1 (888) 886-7786. Additionally, the conference call will be available via simultaneous audio found at https://viavid.webcasts.com/starthere.jsp?ei=1651238&tp_key=bcd585b97b. A replay will be accessible until February 28, 2024 via the REIT’s website or by dialing (416) 764-8692 or 1 (877) 674-7070 (access code 968854#) approximately two hours after the live event.
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 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 alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. 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.
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-FR
Contacts
For Further Information
Investor Relations
+1 416 644 4264
ir@slateam.com
Melcor REIT announces January distribution of $0.04 per unit
EDMONTON, Alberta, Jan. 15, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distribution of $0.04 per unit for the month of January 2024 unchanged from previous months. The January distribution will be payable as follows: Month Record Date Distribution Date Distribution… [Read More]
CAPREIT Announces January 2024 Distribution
TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its January 2024 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The January 2024 distribution will be payable on February 15, 2024 to Unitholders of record at the close… [Read More]
ERES REIT Declares January 2024 Monthly Distribution
TORONTO, Jan. 15, 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 January 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “January Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]
Allied Announces January 2024 Distribution
TORONTO, Jan. 15, 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 January 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on February 15, 2024, to unitholders of record as at… [Read More]
Flagship Communities Real Estate Investment Trust Announces January 2024 Cash Distribution
Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Jan. 15, 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 January 2024, representing US$0.59 per REIT unit on an annual basis…. [Read More]
NTT DATA Launches Smart Sustainable Living Pilot with Mark Development
PLANO, Texas–(BUSINESS WIRE)–NTT DATA, a global digital business and IT services leader, and Mark Development, a developer of mixed-use residential, commercial and retail projects throughout the Northeast United States, have announced a collaboration to deploy a Smart Solutions pilot focused on sustainable living. The pilot project aims to further Mark Development’s goal to enhance their sustainability initiatives by creating connected experiences and engagement through more conscious purpose-driven sustainable practice.
The pilot will use NTT DATA’s Smart Management Platform (SMP) to collect data from several sources in the Trio Development Complex in Newton, Massachusetts. It will generate results and recommendations for both tenants and management on how they can decrease their environmental effect by means of energy conservation, temperature control and public transit choices.
“We are excited to deploy NTT Group’s Smart Solutions technology as a part of our comprehensive commitment to sustainability,” said Damien Chaviano, Principal, Mark Development. “In a community that is deeply committed to sustainability, our residents value the investments we have made in efforts to reduce energy consumption. The technology embodied in NTT Group’s products maximizes the power of data to help drive sustainable choices.”
NTT DATA’s SMP uses a digital twin foundation to import and configure key data such as building, unit, tenant, transit and weather information from multiple data sources. The platform will use the data to develop a web-based program and dashboard that will provide insight to support a data-driven, environmentally conscious lifestyle. The web applications will enable tenant interaction, recommended events, exclusive personalized content (personal goals, leaderboard games) to enhance tenants’ experiences and engagement in real time.
“Mark Development is paving the road to environmentally conscious living,” said Dave Turner, Division President, State & Local Government and Education, NTT DATA Services. “We are pleased to work with Mark Development and be part of their vision of creating purpose-driven, sustainable living experiences for their tenants.”
Visit NTT DATA Smart Solutions to learn more about NTT Group’s Smart Solutions.
The pilot’s data will be utilized to offer Mark Development’s operations personnel and residents a comprehensive look into their individual habits of use, and aid Mark Development in achieving their sustainability objectives for existing and upcoming locations. This data will help Mark Development identify areas for improvement and make future locations more sustainable.
About Mark Development
Mark Development is focused on creating dynamic communities via thoughtful development. Rooted in a long history of retail-anchored projects, the Mark Development team builds on years of experience to create mixed-use communities that combine housing, retail, office and community uses to create a sense of place.
About NTT DATA
NTT DATA is a $30 billion trusted global innovator of IT and business services. We help clients transform through business and technology consulting, industry and digital solutions, applications development and management, managed edge-to-cloud infrastructure services, BPO, systems integration and global data centers. We are committed to our clients’ long-term success and combine global reach with local client service in over 80 countries. Visit nttdata.com or LinkedIn to learn more.
Contacts
Lafarge’s Impact on nidus3D’s Endeavor: Canada’s Largest 3D-Printed Housing Project
CALGARY, Alberta–(BUSINESS WIRE)–Lafarge Canada today announced its combined effort with nidus3D in supplying its OneCem low-carbon cement in Canada’s largest 3D-printed housing project, aimed at addressing the acute housing challenges faced by the SikSika Nation.
While nidus3D has successfully completed 3D-printed housing projects in Ontario, this marks the first venture of its kind in Alberta. Located one hour’s drive east from the city of Calgary, the project named “Kakatoosoyiists” (Star Lodge) will consist of 4 buildings, comprising a total of sixteen units, each specifically designed to provide a supportive haven for individuals of SikSika Nation fleeing domestic violence or facing homelessness.
This initiative directly confronts a pressing issue underscored by the Social Planning & Research Council of Hamilton. According to their report, Indigenous peoples in Canadian cities are eight times more likely to face homelessness compared to the general population.
Lafarge is supplying its OneCem low-carbon cement for this project, recognized for its ability to deliver a reduced carbon footprint. When manufactured, the higher limestone content of OneCem translates into a reduction of greenhouse gas emissions—up to ten percent when compared to traditional Portland cement. OneCem achieves this sustainable advantage while maintaining its strength, durability, performance and workability.
“Our shared goal with nidus3D extends beyond mere innovation,” says Brad Kohl, president and CEO of Lafarge Canada (West). “This project is about helping address the critical housing needs of the nation and foster a resilient, inclusive future through sustainable construction practices. We were proud to contribute to this project.”
nidus3D, a leading innovator in 3D-printed housing, is excited to bring its expertise to Alberta.
“Nidus3D is honoured and energized to be working with Siksika First Nation and Lafarge Canada on this innovative Canadian first,” says Ian Arthur, nidus3D’s president. “This multi-build development will not only provide much needed housing but show the immense potential of 3D construction printing to address Canada’s housing crisis. This project will demonstrate efficiencies and savings the technology can deliver through rapid, repeatable construction.”
With the construction underway, this collaboration stands as a testament to the potential of combining expertise, resources, and a shared commitment to building not just structures but sustainable, supportive communities for a brighter future. The project is expected to be completed by March 31st, 2024.
About nidus3D
Founded in 2021, nidus3D is an innovative Canadian robotic construction company delivering rapid, low cost printed structures with automated, on-site3D concrete printing. As a process driven company, nidus3D is leading technology driven innovation in the construction sector to revolutionize the way homes are built. nidus3D has completed multiple proof-of-concept projects, including Canada’s first residentially-permitted 3D-printed structures and North America’s first two-story and three-story 3D-printed building and is currently scaling 3D construction printing across Canada. With its proven technology, nidus3D is ready to lead 3D construction printing into the future.
About Lafarge Canada Inc.
Lafarge Canada is a subsidiary of Holcim, a global leader in innovative and sustainable building solutions. Driven by its purpose to build progress for people and the planet, its 60,000 employees are on a mission to decarbonize building, while improving living standards for all. The company empowers its customers across all regions to build better with less, with its broad range of low-carbon and circular solutions, from ECOPact to ECOPlanet. With its innovative systems, from Elevate’s roofing to PRB’s insulation, Holcim makes buildings more sustainable in use, driving energy efficiency and green retrofitting. With sustainability at the core of its strategy, Holcim is becoming a net-zero company with 1.5°C targets validated by SBTi.
Contacts
Kristen Marston
Communications and Marketing Coordinator, Western Canada
Lafarge Canada Inc.
kristen.marston@lafarge.com
Rafael Olvera Guel
Sales and Marketing Manager
Nidus3D
rafael.guel@nidus3D.com
BrainBox AI Joins the AWS Partner Network to Bring its AI-driven Emissions Reduction Technology to AWS Real Estate & Retail Customers
MONTREAL–(BUSINESS WIRE)–BrainBox AI, a pioneer in autonomous building technology, announced today that it has joined the Amazon Web Services (AWS) Partner Network (APN) to deliver its cutting-edge AI-driven solution to AWS customers in the public and private commercial and retail real estate sectors. The APN is a global community of AWS partners that leverages programs, expertise, and resources to build, market, and sell customer offerings.
“With AWS at the core of our AI-driven solutions and technology infrastructure, BrainBox AI is honored to join the APN,” said Jean-Simon Venne, Co-founder and Chief Technology Officer at BrainBox AI. “Many years ago, we decided to build and host our solution on the AWS Cloud because it offers the scalability and flexibility that is necessary to handle our vast and rapidly growing data volumes, seamlessly integrating with building systems worldwide. Our path to joining this elite network required us to meet AWS’s rigorous security, reliability, and operational standards. Doing so has been both a privilege and a testament to our commitment to product and customer excellence as we continue to deliver on our mission to help save the planet with AI.”
The company’s AI solution leverages internal and external data, proprietary algorithms, and artificial intelligence to completely change how HVAC systems operate in buildings. Powered by AI, it maps the numerous zones of a commercial building, learns, and quickly acts on that data to predict future states, and modulate pieces of equipment autonomously. For example, by predicting the temperature in a retail store based on historical data and external datasets, like weather, BrainBox AI can decrease energy costs by up to 25%, reduce the carbon emissions by up to 40%, and improve customers’ comfort by up to 60%. It transforms an HVAC system from one that solely reacts to thermostat readings with no information relating to weather or the energy grid, to one that considers the building’s external environment to make much smarter decisions.
BrainBox AI also recently announced its collaboration with AWS and Amazon Bedrock for the development of its Generative AI solution, set to be released in the coming weeks. BrainBox AI will bring a new GenAI-powered innovation geared toward facility and building managers that will catapult its platform capabilities to an industry-defining level. The new product will take on the role of an intuitive and autonomous building operations co-pilot to further facilitate the work and decision-making processes of building operators and facilities managers.
As an APN member, BrainBox AI joins an extensive, global network of partners from more than 150 countries working with AWS to provide innovative solutions, solve technical challenges, win deals, and deliver value to mutual customers.
NRF 2024: The Retail Expo; January 14 – 16
Representatives from BrainBox AI’s executive team will be on site at the National Retail Federation’s Retail’s Big Show Conference & Expo in New York City. Conference attendees with inquiries concerning this news release are encouraged to visit BrainBox AI’s booths, located in the AWS Partner Pavilion #6020 or Booth #8045 in the Innovation Zone of the Riverside Pavilion, at the Jacob K. Javits Convention Center.
About BrainBox AI
Founded in 2017, BrainBox AI was created to address two critical issues currently facing the built environment: carbon emissions and energy consumption. As innovators in the decarbonization movement, BrainBox AI’s game-changing HVAC technology leverages AI to make buildings smarter, greener, and more efficient. Through strategic global relationships, BrainBox AI elevates real estate clients across various sectors from office buildings and hotels to commercial retail, grocery stores, airports, and more.
Headquartered in Montreal, Canada, a global AI hub, our workforce of over 170 employees, bring with them talent from all sectors with the common thread of being in business to heal our planet. BrainBox AI works in collaboration with research partners including MILA – Quebec AI Institute, the Institute for Data Valorization (IVADO), as well as education institutions including McGill University. For more information: https://brainboxai.com
Contacts
Rebecca Handfield
Vice-President, Marketing & Public Relations
r.handfield@brainboxai.com
Colliers to announce fourth quarter and full year results on February 8, 2024
TORONTO, Jan. 11, 2024 (GLOBE NEWSWIRE) — Colliers International Group Inc. (TSX & NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that results for the fourth quarter and full year ended December 31, 2023 will be issued by press release on February 8, 2024 at approximately 7:00am ET. A conference call to review these results… [Read More]
Real Makes It Easier For Independent Brokerages and Team Leaders to Align with the Nation’s Fastest Growing Brokerage
The Private Label program provides the opportunity for independent brokerages to maintain their existing brands, while the ProTeams program allows both teams and independent brokerages to customize their financial models on a per agent basis from a single dashboard
TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), today announced the launch of two programs that make it easier for the nation’s 100,000+ independent brokerages and team leaders to join Real, while maintaining the brands and compensation structures that are right for their businesses. Already the fastest-growing, publicly traded real estate brokerage as measured by agent growth, both programs are designed to clear the path for independent brokerages and fast-growing teams to benefit from the technology, tools, training and culture of collaboration and performance that Real provides.
“Real is a platform of possibilities. We are focused on providing agents and team leaders with the best platform from which to serve clients and build long-term wealth,” said Real President Sharran Srivatsaa. “In today’s market, independent brokerage owners and team leaders need a platform that gives them the ability to scale. Our Private Label and ProTeams programs give owners and team leaders the power to overlay the Real model – and all of the benefits associated with being a part of the fastest-growing, publicly traded brokerage firm – without losing their brand or having to alter their economic plan.”
Real Chairman and CEO Tamir Poleg said, “We’ve kicked off 2024 on a strong note, with over 500 agents joining Real in the first week alone, pushing our network past the 14,000 agent mark. With the launch of these new programs, we’re set to further accelerate our growth, providing unparalleled opportunities for independent brokerages and teams to expand their businesses with unmatched flexibility and support.”
Private Label
Specifically designed for independent brokerages that have spent years building a brand in their local marketplace, Real’s Private Label program empowers brokerages to benefit from Real’s cutting-edge transaction management platform while maintaining and continuing to invest in their local brand, which often comes with a strong customer base and emotional attachment. The Private Label program will be available immediately to brokerages through an application process in states that allow this type of representation.
Real piloted the Private Label program in five markets over the last 12 months for close to $2 billion in sales volume, including Kofi Nartey and his 12-member Globl RED team, which joined in August 2023.
“Being able to maintain our existing brand and get all the benefits of a tech-forward brokerage partner was a game changer,” Nartey said. “We spent the previous three years launching our brand and building brand awareness. Real understood the value of what we had built with Globl RED and wanted to support our continued growth. The Private Label model made the transition easy, as we were able to have a seamless public facing brand transition, while working smoothly behind the scenes to onboard onto the platform. This allowed me and my team to keep our focus on our business and on our clients.”
ProTeams
Real’s ProTeams program, which launches today to select teams and which will be fully available throughout the U.S. and Canada by the end of the first quarter, gives team leaders the flexibility to customize their team members’ caps, splits and fee payments down to the individual team member level, allowing them to continue to embrace the structure that works best for them and reap the benefits associated with being a part of the Real platform.
According to Srivatsaa, the Private Label and ProTeams programs address the biggest concerns of independent brokerages and larger teams interested in making the move to Real.
“Last year, we introduced a number of agent-centric benefits, including healthcare benefits resources and co-sponsored and willable revenue sharing programs,” Srivatsaa said. “We are kicking off 2024 with a revenue share retirement benefits program for all Real agents and two game-changing programs that give individual brokerage owners and team leaders the ability to join Real with the brand they’ve spent millions of dollars building and the financial models that work best for them.”
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 14,000 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 the success of Real’s programs that are available to agents and Real’s 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, the success of Real’s programs 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, 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
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