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Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units

May 3, 2024 By Globenewswire Tagged With: TSX:BPY-UN.TO

All dollar references are in U.S. dollars, unless noted otherwise. BROOKFIELD NEWS, May 03, 2024 (GLOBE NEWSWIRE) — Brookfield Property Partners (“BPY” or the “Partnership”) announced today that the Board of Directors has declared quarterly distributions on the Partnership’s Class A Nasdaq-listed BPYPP, BPYPO, BPYPN and BPYPM (TSX: BPYP.PR.A) preferred units of $0.40625 per unit,… [Read More]

Slate Grocery REIT Announces Voting Results from 2024 Meeting of Unitholders and Posts Q1 2024 Earnings Call Transcript and Investor Update

May 3, 2024 By Business Wire

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 each of the trustee nominees listed in the management information circular of the REIT dated March 19, 2024 were elected as trustees of the REIT at its annual meeting of the holders (“Unitholders”) of class A units, class I units, class U units and special voting units of the REIT held on May 1, 2024 (the “AGM”). Voting results for the individual trustees are as follows:


Name of Nominee

 

Voted For

%

Voted Withheld

%

Colum Bastable

 

15,240,245

93.92

986,841

6.08

Christopher Chee

 

15,213,953

93.76

1,013,133

6.24

Patrick Flatley

 

15,219,196

93.79

1,007,890

6.21

Marc Rouleau

 

12,185,672

75.50

3,953,942

24.50

Andrea Stephen

 

15,246,013

93.95

981,073

6.05

Mary Vitug

 

15,240,707

93.92

986,379

6.08

Blair Welch

 

15,192,189

93.62

1,034,897

6.38

Brady Welch

 

15,198,435

93.66

1,028,651

6.34

The resolution to re-appoint Deloitte LLP as the auditors of the REIT for the ensuing year and to authorize the trustees to fix the remuneration to be paid by the auditors was approved by 79.76% of the votes.

Final results on all matters voted upon at the AGM will be filed with the Canadian securities regulatory authorities and will be available on the REIT’s SEDAR profile at www.sedar.com.

Q1 2024 Earnings Call Transcript and Investor Update

Slate Grocery REIT’s Q1 2024 earnings call transcript and investor update are now available on the REIT’s website and can be accessed by visiting the following links:

  • Slate Grocery REIT – Q1 2024 earnings call transcript
  • Slate Grocery REIT – Q1 2024 investor update

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 everyday 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. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform focuses on four areas of real assets, including real estate equity, real estate credit, real estate securities, and infrastructure. 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, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

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

European Residential REIT Reports First Quarter 2024 Results

May 2, 2024 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, May 02, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three months ended March 31, 2024. ERES’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2024 can be found… [Read More]

Colliers Reports First Quarter Results

May 2, 2024 By Globenewswire Tagged With: TSX:CIGI

Continued growth and resiliency from highly diversified recurring services First quarter operating highlights:   Three months ended   March 31 (in millions of US$, except EPS)   2024     2023               Revenues $ 1,002.0   $ 965.9   Adjusted EBITDA (note 1)   108.7     104.6  … [Read More]

Nation’s Largest Minority and Woman-Owned Brokerage Joins Real

May 2, 2024 By Business Wire

With $665 million in 2023 home sales, Village Premier Collection joins under Real’s Private Label Program

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced that Village Premier Collection, the nation’s largest minority and woman-owned independent brokerage, has joined the company under its recently launched Private Label program. Based in Atlanta, Village Premier brings $665 million in annual home sales across six states and the District of Columbia.


An accomplished entrepreneur, coach, speaker, author and U.S. Air Force veteran, Cheri Benjamin began her real estate career in 2000. She was hired as Village Premier’s first agent in 2013, and ultimately acquired the brokerage in 2019. Under her leadership the brokerage has grown rapidly over the past five years. Real’s Private Label program offers independent brokerages like Village Premier the ability to benefit from Real’s tech-first, entrepreneur-centric platform while maintaining and continuing to invest in their own brand.

“I’ve known and admired Cheri for many years, and I couldn’t be more excited that she sees the value of aligning Village Premier with Real. Her values and business approach mesh seamlessly with Real so this couldn’t be a better fit,” Real President Sharran Srivatsaa said. “The Private Label program was designed for brokerages like Village Premier Collection that have built successful businesses on their own, but that will benefit from the resources of a larger platform. I’m excited to welcome Village Premier to Real and look forward to a long and beneficial partnership.”

Since Benjamin’s acquisition just prior to the pandemic, Village Premier has grown from three offices with 67 agents serving the Atlanta area to become the nation’s largest minority and woman-owned independent brokerage. Today, its nearly 500 agents serve the District of Columbia, Florida, Maryland, North Carolina, South Carolina, Virginia and Washington state.

“At Village Premier, our priority has been to build a community where every agent feels safe and is connected by a shared vision. We believe in reaching down and pulling someone up, and that’s in complete alignment with how Real has built its business. It’s a culture that accepts differences, rewards collaboration over competition and where agents are given the ability to build profitable careers,” Benjamin said.

Benjamin began as an agent in 2006. Her insights and expertise on the real estate industry have garnered national and local recognition.

Introduced in January 2024, Real’s Private Label and ProTeams programs make it easy for independent brokerages and teams to join the company. Through Private Label, Real’s white label program, independent brokerages are able to maintain their own brand, while reaping the benefits associated with being a part of Real. ProTeams, which is available to all teams, leverages Real’s proprietary transaction management platform to provide the flexibility to customize team members’ caps, splits and fees down to the individual team member level, allowing them to maintain their current structure.

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 17,000 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:

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

Sentinel Storage announces event with the BC Lions celebrating the grand opening of a new Vancouver location

May 1, 2024 By Globenewswire Tagged With: TSX:SVI

Attendees have the opportunity to have their photograph taken with the Grey Cup and to win tickets to the 111th Grey Cup in Vancouver TORONTO, May 01, 2024 (GLOBE NEWSWIRE) — Sentinel Storage is excited to announce the grand opening of its latest store located at 3333 Bridgeway Street, centrally positioned near the PNE grounds… [Read More]

CIB to provide $70 million financing to CAPREIT to retrofit 60 multi-residential buildings

May 1, 2024 By Globenewswire Tagged With: TSX:CAR.UN

Approximately 14,000 suites to undergo energy efficient and carbon reduction measures Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX: CAR.UN) to lead large-scale upgrades focused on enhanced energy conservation and carbon reductions. Approximately 60 multi-unit residential buildings across Canada will undergo retrofitting. Projects expected to result in a significant reduction of carbon emissions annually…. [Read More]

Flagship Communities Real Estate Investment Trust Releases 2023 ESG Report

May 1, 2024 By Globenewswire Tagged With: TSX:MHC-U.TO, TSX:MHC-UN.TO

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, May 01, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today published its fourth Environmental, Social and Governance (“ESG”) Report (the “Report”). The Report showcases the REIT’s ongoing commitments to resident well-being,… [Read More]

Real Opens Investor Q&A Portal Ahead of First Quarter 2024 Financial Results

May 1, 2024 By Business Wire

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced the opening of its shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the first quarter ended March 31, 2024. Real will hold the call at 8:00 a.m. ET on Tuesday, May 7, 2024.


Beginning today, any shareholder is invited to submit and upvote questions to management. To submit questions ahead of the conference call, please visit the Say portal at the link here. Shareholders using brokers that are integrated with Say can also participate directly through their investing app or broker’s website.

The Q&A platform will remain open through Monday, May 6, 2024 at 8:00 a.m. ET.

An audio-only webcast of the call may be accessed from the Investor Relations section of the company’s website at https://investors.onereal.com/ or by registering at the link here. A replay of the webcast will be available for one year.

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 in all 50 states throughout the U.S. and Canada, Real supports more than 17,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses. 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 at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to Real’s first quarter 2024 earnings call, the release of the financial results and the business and strategic plans of Real.

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 First-Quarter Results

April 30, 2024 By Globenewswire Tagged With: TSX:AP.UN

TORONTO, April 30, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for the three months ended March 31, 2024. Results In the first quarter, Allied’s operating income from continuing operations was $78 million, up 2% from the comparable quarter last year. Allied’s net loss and comprehensive loss was… [Read More]

Vena Excelerate Finance 2024 Conference in Nashville Sold Out

April 30, 2024 By Business Wire

Annual event introduces inaugural Excelerate Finance Hackathon, new Vena Certification program via Vena Academy, the Venny Awards program and more to celebrate and empower finance innovators

TORONTO–(BUSINESS WIRE)–Vena, the Complete Planning platform loved by finance and trusted by business, today announced that tickets for Excelerate Finance 2024, the premier annual conference for finance, operations and business leaders, have sold out. The event will be held on May 15–16, 2024 in Nashville, Tennessee with a free live stream available for the global community of finance and operations professionals.


With a focus on learning, training and finance-led innovation, Excelerate Finance will provide unprecedented access to the latest skills, best practices, methodologies and cutting-edge technologies—from automation to generative AI—transforming the strategic office of finance with increased productivity, operational efficiency, accelerated insights and strategic potential. Attendees will get to learn from strategies, success stories and eureka moments shared by finance visionaries at leading organizations, as well as discover how to harness the latest Vena innovations and advancements in Microsoft 365 tools and capabilities for Complete Planning use cases with hands-on learning labs.

At the event, Vena will introduce the new Vena Certification program with on-site professional development sessions available for conference attendees. The program will also launch on demand via Vena Academy, the ultimate venue for always on, self-serve training across FP&A, Microsoft for finance and Vena Complete Planning. In addition, Vena will provide an exclusive first look at Vena Copilot for FP&A, a Complete Planning generative AI copilot purpose-built for FP&A teams and the organizations they support, as well as other game-changing product announcements.

Also on the agenda will be the inaugural Excelerate Finance Hackathon, along with the first-ever Venny Awards program celebrating visionaries who are shaping the future of strategic finance for their organizations across various industries.

“We’re going full force with our most immersive experience yet, and are excited to be back in person alongside our community of finance, operations professionals, business leaders, partners, industry experts and sponsors to continue supporting the evolution of the strategic office of finance with programs and events that help propel personal, professional and business growth,” said Allison Munro, Chief Marketing & Ecosystem Officer at Vena. “Over the course of the conference, the strategic office of finance will be elevated to new heights with deep dives and previews of technology innovations paving the way for a new generation of finance— including Vena Copilot for FP&A. Those joining us in person will have a chance to participate in the Vena Academy learning sessions while those who join the live stream will have access to exclusive content in partnership with the Financial Modeling World Cup.”

Joining Vena for this year’s landmark event are sponsors Microsoft, ProLytics, Delbridge, Marcum, RVNA Tech, ScaleNorth and Citrin Cooperman.

For more information on Excelerate Finance 2024 or to register for the free virtual experience, please visit www.exceleratesummit.com.

About Vena

Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,700 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com.

Contacts

Jonathan Paul

Vice President, Content Marketing

jpaul@venacorp.com

Halmont Properties Corporation Year End Results

April 30, 2024 By Globenewswire Tagged With: TSX-V:HMT

TORONTO, April 29, 2024 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that net income for the year ended December 31, 2023, was $18.49 million as compared to $10.67 million for the year ended December 31, 2022. (millions, except per share amount) Year Ended   December 31, 2023  … [Read More]

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