All figures in $USD unless otherwise noted.TORONTO, Oct. 02, 2023 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (“the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report that it has completed the previously announced (August 2, 2023) sale of its unencumbered property located in Austin, Texas for $9.9 million. Net of closing… [Read More]
The Real Brokerage Expands Presence to Vermont
TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, announced today that it is open for business in Vermont, increasing the company’s presence to 49 states and the District of Columbia in the U.S. and four Canadian provinces.
“We are thrilled to launch in Vermont, which has led the nation in inbound movers for two years in a row1,” Real Chairman and Chief Executive Officer Tamir Poleg said. “Real’s tools, technology and culture of collaboration will be attractive to agents looking to differentiate themselves with clients and build long-term wealth, especially in today’s low inventory market that is keeping sellers on the sidelines and pricing many buyers out.”
Joining Real as Principal Broker in Vermont is Sandy Reavill. A long-time real estate investor and educator, Reavill went into residential real estate full-time when the pandemic closed schools. During her first year as an agent, she closed 61 transactions.
“As real estate professionals, we need to be more agile than ever before – clients are demanding it,” Reavill said. “Real’s technology platform which is all about increasing agent productivity will allow me to focus on what’s most important, helping my clients find their dream homes.”
Real’s expansion to Vermont follows its launch in West Virginia last month and marks its fourth state opening in 2023.
1 According to United Van Lines’ 46th annual National Movers Study.
About Real
The Real Brokerage Inc. (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 49 states, D.C., and four Canadian provinces with more than 12,000 agents. Additional information can be found on its website at www.onereal.com.
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 ability to continue to expand its presence to additional locations.
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 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:
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
Allied Announces Conference Call to Discuss Third-Quarter Financial Results
TORONTO, Sept. 29, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Thursday, October 26, 2023, to discuss financial results for the quarter ended September 30, 2023. The financial results will be released on Wednesday, October 25, 2023,… [Read More]
e-Emphasys Technologies Named a 2023 Triangle Business Journal Fast 50 Award Winner
Dealer management software company recognized for revenue and employment growth for a second consecutive year
CARY, N.C.–(BUSINESS WIRE)–e-Emphasys Technologies Inc., a global provider of enterprise software for equipment dealers, today announced it is listed among the 2023 Triangle Business Journal Fast 50. This is the second consecutive year the company has been selected to appear on this annual list.
The Fast 50 annual awards program recognizes the most dynamic, fastest-growing private companies in Raleigh, Durham and across the Triangle. Winners are selected and ranked based on a formula that includes dollar growth, percentage rate of growth, and profitability during a three-year period. Winners will be recognized during an awards ceremony on November 8.
“It’s exciting to be included on this prestigious list again this year, which reflects the value we provide equipment dealers who want to modernize their business operations,” said Jeff Hart, President and CEO of e-Emphasys. “With the right technology, these dealerships can transform and grow, digitalizing their processes and harnessing the power of their data. We’re here to support them in their journeys to operate more efficiently, better serve customers, and increase profitability.”
For more than 20 years, e-Emphasys has served the equipment dealership industry and its various market sectors. The company’s software suites, e-Emphasys ERP and IntelliDealer, allow clients to connect every function of their dealerships to standardize and automate workflows, access real-time analytics, and make data-driven decisions.
About e-Emphasys Technologies
e-Emphasys Technologies Inc. is the leading global provider of dealer management software. Our e-Emphasys ERP and IntelliDealer solutions give agriculture, construction, heavy truck, material handling and other equipment dealers the digital transformation and data intelligence technology to better manage and grow their businesses. Designed to meet these clients’ industry-specific needs, our platforms connect every aspect of dealership operations and provide the insights to increase efficiency, customer satisfaction and profitability. We’re proud to support the ecosystem of manufacturers, dealers and their customers who help the world run every day. Learn more at www.e-emphasys.com or follow us on LinkedIn.
Contacts
Media:
Lisa Williams
press@e-emhasys.com
+1 339. 788. 0067
Colliers named Best Global Agency by Euromoney
Recognized as the top performing real estate services company with 10 wins worldwide TORONTO, Sept. 28, 2023 (GLOBE NEWSWIRE) — Global professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) is proud to be named Best Global Agency by the prestigious Euromoney Global Real Estate Awards. Colliers is the top performing real estate… [Read More]
Schneider Electric’s New Research Shows That Digital and Electric Solutions Can Cut Carbon Emissions in Office Buildings by up to 70 Per Cent
- Study quantifies impact of technology upgrades on energy performance and carbon reduction in office buildings
- Research finds retrofitting buildings using a digital-first approach is best pathway to decarbonization
MISSISSAUGA, Ontario–(BUSINESS WIRE)–Retrofitting buildings using a digital-first approach is the best pathway to decarbonization, according to new research from Schneider Electric, the leader in the digital transformation of energy management and automation.
Buildings represent an estimated 37 per cent of global carbon emissionsi, and as about half of today’s buildings are still likely to be in use in 2050ii, the sector must urgently reduce operational carbon emissions, by making buildings more energy efficient.
The research findings show that deploying Schneider Electric’s digital building and power management solutionsiii in existing office buildings could reduce their operational carbon emissions by up to 42 per cent with a payback period of less than three years. If fossil fuel-powered heating technologies are replaced with electric-powered alternatives, and a microgrid with local renewable energy sources is installed, all-electric, all-digital buildings will see an additional 28 per cent reduction in operational carbon emissions resulting in a total reduction of up to 70 per cent.
Mike Kazmierczak, Vice President of the Digital Energy Decarbonization Office, the team leading the science-based research and product innovation to accelerate the energy transition within Schneider Electric’s Digital Energy division, explained that, “Tackling operational emissions is the number-one lever to decarbonize existing buildings at scale and achieve net-zero emissions targets by 2050. This breakthrough research reveals that reducing carbon emissions by up to 70 per cent is feasible if we transform our existing building stock into energy-efficient, fully-electrified and digitized assets.”
The research, carried out with the global design firm WSP, is based on modeling the energy performance and carbon emissions of a large office building built in the early 2000s across various U.S. Climate Zonesiv. This digital approach to building renovations is, however, applicable to all building types and climates, and is, therefore, the most effective building decarbonization strategy, yielding fast results with lower ‘upfront carbon’v.
Renovating through the deployment of digital technologies is not only less disruptive to daily operations, but also more effective from a lifecycle carbon perspective. Failing to rapidly decarbonize buildings could also result in stranded assets that lose value and are unattractive to both investors and tenants.
Furthermore, recent research from the Boston University Institute for Global Sustainability and the Schneider Electric Sustainability Research Institute estimates that there is a sizable potential to create new jobs through the transition to low-carbon buildings.
Schneider Electric is widely recognized as an impact company and a leader in decarbonization. Its connected products, software and sustainability services help drive operational efficiency, eliminate energy waste, and provide strategies for carbon reduction in buildings, factories, data centers, infrastructure, and homes. Schneider Electric’s research and decarbonization scenarios offer immediate, practical solutions to help organizations navigate the complexities of the energy transition.
To learn more about the findings of Schneider’s research and three step process (strategize, digitize, decarbonize) to accelerate the path to net-zero buildings, visit here.
Related resources:
- Decarbonize the Office: Unleash the Power of Digital Solutions for Building Renovations
- A structured methodology for planning commercial real estate portfolio decarbonization
- The Path to Net-Zero Buildings: A 3-step guide to turn sustainability ambitions into actions
- Back to 2050: a major report on how 1.5°C is more feasible than many think
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
Discover Life Is On Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog
Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights.
Hashtags: #ClimateWeekNYC #CREtechNewYork2023 #Buildings of the Future
_______________________
i Tracking Clean Energy Progress (International Energy Agency 2022).
ii Energy Technology Perspectives (International Energy Agency 2020).
iii Schneider Electric solutions include EcoStruxure Building Operation, EcoStruxure Building Advisor, Connected Room Solutions, Accusine power factor correction and harmonic filtering, PowerLogic submetering
iv Using the ASHRAE (American Society of Heating, Refrigerating and Air-Conditioning Engineers) 90.1-2004 baseline for large offices (12-stories, 46728 m2).
v Upfront carbon refers to the emissions primarily related to the extraction and production of building products and materials
Contacts
Media Relations – Edelman on behalf of Schneider Electric
Juan Pablo Guerrero, Phone: +1 416 875 7173, Email: juan.guerrero@edelman.com
Dream Impact Trust Announces September 2023 Monthly Distribution
TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact” or the “Trust”) today announced its September 2023 monthly distribution in the amount of 5.333 cents per Unit (64 cents annualized). The September distribution will be payable on October 13, 2023 to unitholders of record as at September 29, 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
For further information, please contact:
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
Morguard North American Residential REIT 2023 Third Quarter Results Conference Call
MISSISSAUGA, ON, Sept. 26, 2023 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “REIT”) (TSX: MRG.UN), expects to announce its financial results for the quarters ended September 30, 2023 and 2022 on Tuesday, October 24, 2023. The REIT invites you to participate in a conference call on Thursday, October 26, 2023 at… [Read More]
Dream Industrial REIT Announces September 2023 Monthly Distribution
TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its September 2023 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The September distribution will be payable on October 13, 2023 to unitholders of record as at September 29, 2023.
Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at June 30, 2023, Dream Industrial REIT owns, manages and operates a portfolio of 321 assets totalling approximately 70.3 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s goal is to deliver strong total returns to its unitholders through secure cash flows underpinned by its high-quality portfolio and an investment grade balance sheet as well as driving growth in its net asset value and cash flow per unit. For more information, please visit our website at www.dreamindustrialreit.ca.
Contacts
For further information, please contact:
DREAM INDUSTRIAL REIT
Brian Pauls
Chief Executive Officer
(416) 365-2365
bpauls@dream.ca
Lenis Quan
Chief Financial Officer
(416) 365-2353
lquan@dream.ca
Alexander Sannikov
President & Chief Operating Officer
(416) 365-4106
asannikov@dream.ca
ERES REIT Announces Timing of Third Quarter 2023 Results & Conference Call
TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES”) (TSX:ERE.UN) announced today it will issue its financial results for the three and nine months ended September 30, 2023 after markets close on: Monday, November 6, 2023 A conference call to discuss the results will be hosted by Mark Kenney, Chief… [Read More]
CAPREIT Announces Timing of Third Quarter 2023 Results & Conference Call
TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three and nine months ended September 30, 2023 after markets close on: Wednesday, November 8, 2023 A conference call to discuss the results will be hosted by the CAPREIT… [Read More]
Dream Unlimited Corp. Announces Plans to Develop 5,000 Purpose-built Rental Suites Across Canada, After Federal Government Tables New GST Legislation
TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) — After new legislation related to GST exemptions was tabled in Parliament on Thursday, September 21, 2023, along with anticipated provincial announcements on tax waivers and average interest rates seen this year, Dream Unlimited Corp. (TSX: DRM) (“Dream”) has announced plans to deliver 5,000 new purpose-built rental units in… [Read More]
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