Leading Canadian workspace operator to unveil all-new flexible workspace at the historic 302 Bay building this fall

TORONTO–(BUSINESS WIRE)–#coworking–iQ Offices, Canada’s largest independent Canadian-owned coworking operator, is set to debut their newest location in one of Toronto’s most impressive heritage buildings. This fall, the company will redefine what ‘workspace’ means – and most importantly, how it feels – when they open the doors to an immaculately reimagined 302 Bay Street.

King of Bay

Nestled in the heart of Toronto’s financial district at the intersection of King and Bay is this 14-storey heritage landmark. The storied office building debuted in 1917 and secured its Heritage designation in 1976. To this day, the building is revered for its exemplary “temple” style architecture, Art Deco motifs and majestic ground floor reception. 302 Bay is also loved for its expansive south, west, and east-facing windows, its direct connection to First Canadian Place and the PATH network, and its proximity to King and Union transit stations.

“For more than a century, 302 Bay has featured prominently in the core of Toronto’s global business hub – it has housed generations of teams, talent and ideas that effect change,” says Kane Willmott, Co-Founder & CEO, iQ Offices. “iQ’s reimagination of the full building will mark the next evolution of its iconography, and will uphold its identity as the premier destination for professionals to connect, create, and succeed in the modern workspace era – answering the call for what Canada’s top talent is looking for in their next office,” he adds.

iQ Offices’ renovation efforts, currently underway, are fusing technology and functional design, in partnership with leading architectural design firm Arcadis and heritage building preservation experts ERA Architects.

Coming Soon to 302 Bay

iQ Offices is refining all 14 floors, with thoughtfully-designed workspaces, including a rooftop terrace with exceptional city views. 302 Bay will also feature a host of modern amenities such as a games room, wellness rooms, and a hotel inspired ground floor lobby bar and lounge area. Versatile meeting rooms with video conferencing technology are available in both large and small formats, and personal phone booths are available throughout. Private offices are available on floors four through 14.

Style is part of the blueprint: contemporary design elements touch every fit and finish in this Heritage building’s 14 stories. iQ Offices is restoring the building’s famed Grand Banking Hall, complete with a highly decorated plaster ceiling, tavernelle marble wall cladding, and an ornate spiral staircase leading to a mezzanine.

A New Era of Office Culture

iQ Offices counters the misconception that the office is dead; the coworking operator knows first-hand that outstanding spaces compel incredible work and innovation. “Today’s professional expects and deserves more from their workspace. Employers must curate workspaces that earn the commute of their teams, and that provide strong returns on office spend,” says Mr. Willmott.

“Our philosophy is that the modern office doesn’t need to be renovated, it must be revolutionized. With this outlook, we’re setting a new standard for what office culture can be.” Modern design, boutique-level service, and trusted privacy set iQ Offices apart from traditional coworking.

Secure Your Space

302 Bay will feature workspaces for teams of any size, ranging from 1 to 90 professionals. For a limited time, full-floor workspaces are available, which offer members the opportunity to customize their space.

Interested parties are encouraged to visit 302bay.com or contact Daragh Gregg at dgregg@iqoffices.com to learn more about reserving an office suite.

Renderings and exterior images of the building are available here.

About iQ Offices

Founded in 2012, iQ Offices designs and manages elevated private workspaces that enhance productivity, creativity, and collaboration. iQ Offices’ workspace solutions offer security, privacy, and technical and hospitable amenities, complete with on-site staff. They currently operate more than 3,200 desks across seven Canadian locations, in Vancouver, Toronto, Ottawa and Montreal, and will add their eighth location with the opening of 302 Bay Street in fall 2024.

Contacts

For media inquires and interviews please contact:
amanda@areyoureadyornot.com | 289-952-1400

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that each of the trustee nominees listed in the management information circular of Primaris dated April 1, 2024 (the “Circular”) were elected as trustees of the Trust at the annual general meeting of unitholders held May 2, 2024 (the “Meeting”). Voting results for the individual trustees of the Trust are as follows:

	Number of Units Voted For	Percentage of Units Voted For		Number of Units Withheld for Voting	Percentage of Units Withheld from Voting
Avtar Bains	68,348,296	99.83	%	117,717	0.17	%
Anne Fitzgerald	67,198,138	98.15	%	1,267,793	1.85	%
Louis Forbes	67,534,041	98.64	%	931,890	1.36	%
Timothy Pire	67,594,041	98.73	%	871,972	1.27	%
Alex Avery	68,405,572	99.91	%	60,441	0.09	%
Deborah Weinswig	67,851,645	99.10	%	614,286	0.90	%

In addition, Primaris is pleased to announce that a non-binding advisory resolution on the Trust’s approach to executive compensation, as set out in the Circular, was approved by 98.04% of the votes and the resolution to re-appoint KPMG LLP as the auditors of the Trust for the ensuing year and authorizing the trustees to fix the remuneration to be paid to the auditors was approved by 99.91% of the votes.

As well, Primaris is pleased to announce the appointment of Mr. Pire to the Investment Committee of the Board to replace Mr. Sullivan who did not stand for re-election at the Meeting. As a result of the appointment, every member of a committee of the Board is now independent.

About Primaris Real Estate Investment Trust

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

For more information: TSX: PMZ.UN www.primarisreit.com www.sedarplus.ca

Contacts

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Claire Mahaney

VP, Investor Relations & ESG

647-949-3093

cmahaney@primarisreit.com

Timothy Pire

Chair of the Board

chair@primarisreit.com

MUNICH & ATLANTA–(BUSINESS WIRE)–#SAMBA—TÜV SÜD announces the acquisition of the Sustainable Investment Group, LLC (SIG) and Green Building Education Systems, LLC (GBES). The international provider for testing and certification further expands its services and market presence in the field of sustainable buildings. SIG and GBES are based in Atlanta, USA.

TÜV SÜD is one of the leading service providers for Testing, Inspection and Certification (TIC) worldwide. In the Real Estate and Infrastructure Division, the company offers comprehensive services for the entire life cycle of real estate. In recent years, TÜV SÜD has continuously expanded its services for sustainable buildings. With the strategic acquisition of the Sustainable Investment Group (SIG) and Green Building Education Systems (GBES), TÜV SÜD completes its range of services for sustainability certifications according to international standards and also strengthens its presence in the important US market.

SIG and GBES offer services and training for sustainable real estate in new and existing buildings, focusing the internationally recognized LEED standard. Together, the two companies have around 50 employees. SIG is a leading provider of sustainability solutions for the entire real estate industry. These include consulting services for sustainability standards such as LEED or BREEAM, ESG reporting and sustainable finance consulting. GBES is a leading provider of online training for exam prep and continuing education in the green building sector, with a focus on courses for the LEED standard and other recognized standards such as WELL or Fitwel.

“The strategic acquisition of SIG and GBES enables us to offer our customers the best services in line with all global and many local sustainability standards and also to further our role in educating the building industry. This is a pivotal step towards establishing a global green building association with a far-reaching network of auditors,” said Joachim Birnthaler, CEO of TÜV SÜD’s Real Estate and Infrastructure Division.

“With the integration of SIG and GBES, we are expanding our sustainability services for the US market in a targeted way. This will help us to better support our customers in achieving their sustainability goals and meeting regulatory requirements,” said Dr. Fabian Schober, CEO of TÜV SÜD America.

“Our integration with TÜV SÜD is not just about growing bigger, it´s about growing better. We will continue to innovate and expand our impact in the sustainability sector, driven by our dedication to our customers and our values,” said Charlie Cichetti, CEO of SIG and GBES.

For more information on TÜV SÜD’s real estate services, visit www.tuvsud.com/real-estate.

Founded in 1866 as a steam boiler inspection association, the TÜV SÜD Group has evolved into a global enterprise. More than 26,000 employees work at over 1.000 locations in about 50 countries to continually improve technology, systems and expertise. They contribute significantly to making technical innovations such as Industry 4.0, autonomous driving and renewable energy safe and reliable. tuvsud.com

Contacts

Media Relations:

Dr Thomas Oberst

Office +49 89 5791-2372

Mobile +49 160 3602385

E-Mail thomas.oberst@tuvsud.com
Internet tuvsud.com/newsroom 

https://www.tuvsud.com/en/press-and-media

TÜV SÜD AG

Corporate Communications

Westendstr. 199

80686 Munich, Germany