TORONTO, Dec. 04, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) announced today that the Trustees of Allied have (i) declared a distribution of $0.15 per unit for the month of December 2023, payable on January 15, 2024, to unitholders of record as at December 29, 2023, and (ii) confirmed… [Read More]
Dokainish & Company Welcomes Distinguished Airport Executive to Advisory Board
John Seldon’s Career Includes CEO Of NEOM Airport And GM Of The Busiest Airport In The World
TORONTO–(BUSINESS WIRE)–As category leaders in project controls and technology consulting, Dokainish & Company is excited to welcome John Selden to our Advisory Board.
Renowned for his leadership at JFK International and Hartsfield-Jackson Atlanta International Airports, and as the visionary CEO of NEOM Airport, John’s extraordinary track record managing some of the world’s most significant aviation hubs marks a pivotal moment for Dokainish. This appointment not only underscores our commitment to global excellence in the capital project landscape but also highlights our pursuit of innovative thought leadership in the industry.
“John Selden’s exceptional track record in managing the world’s busiest airports brings a new dimension of operational expertise to our already storied Advisory Board,” said Tarik Dokainish, CEO and President of Dokainish & Company. “His deep understanding of complex project environments, particularly in operational excellence and efficiency, aligns seamlessly with our commitment to delivering high-caliber solutions. John’s expertise will be instrumental in enhancing our clients’ success in large capital projects, driving significant cost savings and program excellence.”
John’s professional journey began in the skies, where his disciplined approach as an airline pilot and tactical acumen as a Navy commander laid the foundation for his exemplary leadership and celebrated career. His transition from the ranks of military service to the highest levels of aviation management speaks volumes of his adaptability and strategic foresight. Selden’s career in aviation management has been distinguished by leadership roles at the world’s most prominent airports:
- At JFK International Airport, as Deputy General Manager, John demonstrated a keen ability to enhance operations and leadership.
- His role as General Manager of Hartsfield-Jackson Atlanta International Airport, the top role in the globe’s busiest airport, further showcased his talent for navigating and enhancing a nexus of intricate operations and passenger services. Under his stewardship, the airport not only thrived but also solidified its place on the world stage.
- Most recently, as CEO of NEOM Airport, John has been nothing short of visionary and exemplified his ability to innovate and drive success in uncharted territories. Overseeing the development of what is set to become one of the world’s most technologically advanced airports, John’s forward-thinking strategies are paving new frontiers in the aviation sector.
John’s vast experience and innovative leadership approach are not just an addition to our Advisory Board; they are a direct benefit to our clients. As Dokainish & Company continues to define the way in capital project controls and technology consulting, John’s insights will play a crucial role in enhancing the services we offer. His unique perspective on complex operations and efficiency will directly translate into more refined, effective solutions for our clients, helping them achieve their goals with greater precision and success.
For more information about Dokainish & Company and our Advisory Board, please visit www.dokainish.com.
About Dokainish & Company
The capital project landscape is impacted with billions lost from cost overruns. Dokainish & Company stands out with a track record of building award-winning PMOs to lowering cost overages up to 200% on projects in energy, infrastructure, mining, construction, defense, and more. We are the category leaders in project controls and technology consulting that solves capital projects’ biggest business and operational challenges. We provide integrated project controls, project management, and change management services. Learn more at dokainish.com and follow @Dokainish&Company.
Contacts
For More Information
Nate Habermeyer, APR
Nate.habermeyer@dokainish.com
T +1 416 849 3861
Westlake Royal Building Products™ to Host Versetta Stone Installation Demonstration at The Buildings Show
Westlake Royal will exhibit new products from industry-leading brands
WOODBRIDGE, Ontario–(BUSINESS WIRE)–Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), will exhibit at The Buildings Show 2023, taking place November 29 to December 1 at the Metro Toronto Convention Centre in Toronto. Westlake Royal will host a product demonstration for Versetta Stone® and exhibit new products from the siding, trim and accessories, roofing and tools lines.
Located at the booths 223 and 227, Westlake Royal will exhibit products from across its family of brands and product solutions, including Cedar Renditions™, Celect® Cellular Composite Siding, Versetta Stone, Royal Estate™ Vinyl Siding, Portsmouth® Shake and Shingles, Haven® Insulated Siding, and DaVinci Roofscapes®. Westlake Royal will also have Tapco® Brake demonstrations in the booth.
The Westlake Royal Building Products team will demonstrate an installation of Versetta Stone on Thursday, November 30 from 11:00 a.m. to 11:30 a.m. at Emerging Technology Stage (#102) on the show floor. This program will be led by Brian Ferwerda and Peter Buskermolen.
“Westlake Royal Building Products is thrilled to exhibit at The Buildings Show,” said Steve Booz, vice president, marketing, Westlake Royal Building Products. “We enter this show with an optimistic outlook for the industry in 2024 and beyond. We look forward to welcoming our Canadian customers, including distributors, builders, contractors and designers, to see our new products and attend the Versetta Stone installation demonstration.”
Celebrating its 35th anniversary this year, The Buildings Show is North America’s largest exposition, conference, and networking event for construction, building design and property management communities.
About Westlake Royal Building Products
Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Mouldings, Roofing, Stone, Windows and Outdoor Living. Westlake Royal Building Products manufactures high quality, low maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles, and accessories.
For more information, please visit WestlakeRoyalBuildingProducts.com. Follow us on LinkedIn and Instagram and “Like” us on Facebook.
Contacts
Kriss Swint
Westlake Royal Building Products
1-614-754-3455
Kswint@Westlake.com
TCCI Manufacturing and TekModo Unveil Breakthrough HVAC Technology Eliminating Rooftop Units with Off-Grid Sustainable Climate Systems
DECATUR, Ill.–(BUSINESS WIRE)–#climate–In an industry-leading move, TCCI Manufacturing and TekModo collaborate to revolutionize climate control systems across a range of applications, closing a longstanding gap in the marketplace. TCCI Manufacturing, a Tier 1 electric compressor supplier for commercial and heavy-duty markets headquartered in Decatur, IL, and TekModo, a Tier 1 materials and systems supplier headquartered in Elkhart, IN, are introducing a first-of-its-kind, electric HVAC unit expected to hit various markets in early 2024.
This new Made-in-America product revolutionizes the standard by removing traditional, decades-old, inefficient rooftop units and replacing them with a state-of-the-art system. Unlike its predecessors, this variable speed electric HVAC unit offers both flexibility and efficiency without being limited to roof installation. “As an industry veteran with extensive expertise in climate systems, we pride ourselves on pioneering new technologies and working closely with customers to advance sustainable product solutions to a diverse industry segment,” expressed Richard Demirjian, President of TCCI Manufacturing.
The system’s design is a leap forward in environmental sustainability and user convenience. Designed for both on and off-grid lifestyles, this cutting-edge system provides extended battery life while enhancing the overall experience. The state-of-the-art lightweight evaporator and condenser provide better airflow and lower temperature deltas, resulting in quiet comfort and low power draw. Notably, the system’s low power mode works with all solar packages on the market drawing less than 10 amps, delivering continuous cooling with minimal battery drain. Additionally, with the emerging trend of state parks moving to ban the use of generators, our HVAC system’s compatibility with solar packages eliminates the need for generators altogether.
Another distinctive feature of the system is its serviceability—a deviation from the norm where entire unit replacements are often the only solution. It uses automotive-grade components for enhanced durability and is designed for easy repair or recharge, contributing to both the product’s longevity and its eco-friendly design.
“This partnership demonstrates our commitment to redefining industry standards, presenting a product that not only revolutionizes the RV sector but also provides a versatile solution for portable sanitation systems and off-grid enthusiasts,” stated Marc LaCounte, President of TekModo. “This is set to raise the industry standard for innovation and sustainability.”
Contacts
MEDIA CONTACT
Jodi Silotto, DCC Marketing
jsilotto@dccmarketing.com
765-543-8175
Life House Chosen to Manage The Darby in Pennsylvania
BEACH LAKE, Pa.–(BUSINESS WIRE)–Life House continues its mission to partner with independent hotel owners with its latest signing of the chic The Darby in Pennsylvania. Avi Kravitz, Co-Founder and CEO of the notable Norman & Jules Toy Store is reimagining The Darby as a passion project and investment in the local community. He has entrusted Life House, celebrated for its synthesis of expertise and innovative technology, to take the helm of the operations.
The Darby, a boutique hotel in Beach Lake, PA, resonates with an intimate charm that appeals to guests seeking authenticity. The key to Life House’s strategy for this gem is spotlighting its unique offerings, particularly the forthcoming pool and fresh F&B concept. Drawing from Kravitz’s background in branding, Life House plans to drive bottom-line revenue through technological solutions and a sharp revenue management approach. This includes a strategic online presence, search engine marketing, and maximizing repeat guests – a segment contributing notably to the hotel’s business.
“We are impressed with Mr. Kravitz’s The Darby creation and understand the challenges associated with creating a hotel vision and subsequently executing on it,” Rami Zeidan, CEO of Life House, shared. “We love to help owners who share this passion for the creative, but don’t have the expertise or tools, to bring it to life and we’re pleased to be chosen as stewards of Mr. Kravitz’s vision.”
Life House will oversee a lean yet capable team to ensure efficient operations tailored to The Darby’s specific needs. Their streamlined approach is designed to cater to guests’ needs effectively, amplifying the small-town charm and personalized service the hotel promises. With The Darby serving as his foundation in hospitality, Kravitz underscores the importance of expertise and a data-driven approach. The partnership with Life House not only showcases Kravitz’s forward-thinking but solidifies Life House’s reputation as the partner of choice for first-time hoteliers.
About Life House:
Life House is a vertically integrated hotel management & technology company focused on serving small and medium independent hotels with institutional quality service. Life House uses advanced software & operating systems to increase profitability and reliability for independent hotels throughout North America. Life House was founded in 2017 by real estate, hospitality, and technology veterans and is backed by world renowned private equity and venture investors. The company is ambitiously investing in its operational systems to make hotels far more profitable, predictable, and seamless for owners. To learn more, visit www.life-house.com.
About Avi Kravitz:
Avi Kravitz, the visionary behind the award-winning Norman & Jules Toy Store, has always championed unique and quality experiences. With The Darby, he ventures into the realm of hospitality, applying his branding acumen and vision to craft an exceptional guest experience that promises to leave an indelible mark in Beach Lake, PA, and its close neighbor, Narrowsburg, NY.
Contacts
Maura Lewkowicz
SVP, Growth & Operations
partners@life-house.com
Challenging conditions to persist, but expectation of clearer rate outlook and tightening bid-ask spreads on the horizon
Industrial & logistics, multifamily, and office remain top picks for 2024 with investors deploying new strategies in each sector LONDON and TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) — The 2024 Global Investor Outlook released by Colliers (NASDAQ and TSX: CIGI) today reveals that challenging market conditions will persist into 2024, though expectations of a clearer… [Read More]
FirstService Declares Quarterly Cash Dividend on Common Shares
TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of US$0.225 per Common Share. The dividend is payable on January 5, 2024 to holders of Common Shares of record at the close… [Read More]
iCollab Healthcare Celebrates Milestone Achievements with Completion and Operation of Primary Care Centre in Surrey
SURREY, British Columbia–(BUSINESS WIRE)–iCollab Healthcare, a leading member of the Healthcare Collective, proudly announces the successful completion and commencement of operations at its latest primary care centre in Surrey. The achievement marks a significant milestone in the company’s commitment to delivering healthcare services to the community.
The primary care centre, now operational, boasts modern infrastructure, advanced medical equipment, and a team of highly skilled healthcare professionals.
“We are thrilled to announce the successful completion and operational commencement of iCollab Healthcare’s newest primary care centre in Surrey,” said Dr. Sikander Panesar, President at iCollab Healthcare. “This milestone represents our steadfast commitment to providing accessible, high-quality healthcare services to the residents of Surrey and surrounding areas.”
The primary care centre is strategically designed to meet the evolving healthcare needs of the community, offering a range of services including general medicine, preventive care, diagnostics, optometry and optical, dental and dental hygiene, pharmacy, physiotherapy, kinesiology, and massage therapy.
“As we celebrate this achievement, we are pleased to share that iCollab Healthcare now boasts a team of four full-time family physicians, demonstrating our commitment to delivering comprehensive and longitudinal patient-centred care,” added Dr. Panesar.
Looking ahead, iCollab Healthcare is actively seeking to recruit medical specialists to join its growing teams. This strategic initiative aligns with the organization’s vision to enhance the range of healthcare services provided and further strengthen its position as a leading healthcare provider in the region. The collective aims to provide comprehensive and integrated healthcare services to the community.
iCollab Healthcare extends its gratitude to the dedicated team of architects, construction professionals, and healthcare experts whose collective efforts have brought this vision to life. The centre’s construction and operationalization align seamlessly with iCollab Healthcare’s mission to foster a healthier community through collaborative and compassionate care.
The primary care centre is now open to serve the community, and iCollab Healthcare looks forward to becoming an integral part of Surrey’s healthcare landscape.
About iCollab Healthcare:
iCollab Healthcare is a leading member of the Healthcare Collective, committed to delivering accessible and high-quality healthcare services. With a focus on collaboration and innovation, iCollab Healthcare strives to meet the diverse healthcare needs of communities, promoting well-being and fostering healthier lives. www.icollabhealthcare.com
Contacts
For media inquiries:
Dr. Sikander Panesar
President
iCollab Healthcare
sikander.panesar@icollabhealthcare.com
Colliers recognized by Forbes as one of the World’s Top Companies for Women in 2023
TORONTO, Nov. 27, 2023 (GLOBE NEWSWIRE) — Global professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) has been recognized once again by Forbes as one of the world’s top companies for women. Colliers was the only global, full-service commercial real estate firm to receive this prestigious accolade, which highlights the company’s commitment… [Read More]
Dream Residential REIT Announces November 2023 Monthly Distribution
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 November 2023 monthly distribution in the amount of US$0.035 per unit (US$0.42 annualized). The November distribution will be payable on December 15, 2023 to unitholders of record as at November 30, 2023.
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 16 garden-style multi-residential properties, consisting of 3,432 units 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:
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
Dream Impact Trust Announces November 2023 Monthly Distribution
TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact” or the “Trust”) today announced its November 2023 monthly distribution in the amount of 5.333 cents per Unit (64 cents annualized). The November distribution will be payable on December 15, 2023 to unitholders of record as at November 30, 2023.
About Dream Impact Trust
Dream Impact Trust is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and investing holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; while generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca.
Contacts
DREAM IMPACT TRUST
Meaghan Peloso
Chief Financial Officer
(416) 365-6322
mpeloso@dream.ca
Kimberly Lefever
Director, Investor Relations
(416) 365-6339
klefever@dream.ca
Plaza Retail REIT Announces Appointment of Chief Operating Officer
FREDERICTON, NB, Nov. 23, 2023 /CNW/ – Plaza Retail REIT (“Plaza” or the “REIT”) (TSX: PLZ.UN) today announced the appointment of Jason Parravano as Chief Operating Officer (“COO”) of the REIT, effective January 8, 2024. “On behalf of the board and the entire team, we are pleased to welcome Jason Parravano as COO,” said Michael Zakuta,… [Read More]
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