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Dream Residential REIT Announces April 2024 Monthly Distribution

April 23, 2024 By Business Wire

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 April 2024 monthly distribution in the amount of US$0.035 per unit (US$0.42 annualized). The April distribution will be payable on May 15, 2024 to unitholders of record as at April 30, 2024.


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 garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.

Contacts

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

StorageVault to Acquire 2 Storage Locations for $43,000,000

April 22, 2024 By Globenewswire Tagged With: TSX:SVI

TORONTO, April 22, 2024 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that it has agreed to acquire two stores from two arm’s length vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $43,000,000, subject to customary adjustments (the “Acquisitions”), and the purchase price is expected to be paid… [Read More]

Dream Office REIT Announces April 2024 Monthly Distribution

April 22, 2024 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its April 2024 monthly distribution of 8.333 cents ($1.00 annualized) per REIT Unit, Series A (“REIT A Units”). The April distribution will be payable on May 15, 2024 to unitholders of record as at April 30, 2024.


Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

SWTCH Energy Secures $27.2M in Series B Funding to Eliminate EV Charging Gaps in Buildings

April 19, 2024 By Business Wire

EV charging solutions provider achieves 10x year-over-year growth of its charging network and secures funding to further scale charger deployments in multifamily and commercial buildings across North America

TORONTO & BAAR-ZUG, Switzerland–(BUSINESS WIRE)–SWTCH Energy (“SWTCH”), a company pioneering electric vehicle (EV) charging solutions for multi-tenant buildings across North America, today announced that it raised $27.2 million in Series B funding. The round was led by Blue Earth Capital (“BlueEarth”), the specialist global impact investor, on behalf of its investment vehicles with participation from Alantra’s Energy Transition Fund, Klima. Additional Series B investors include Active Impact Investments and GIGA Investments Corp. This new funding will enable SWTCH to accelerate charging in multi-tenant buildings, following a tenfold increase in the company’s charging network since its Series A, and advance its innovative EV charging and integrated energy management solutions for real estate customers.




SWTCH is meeting the massive demand for multifamily EV charging as EV sales hit an inflection point and governments amend building codes and zoning ordinances to require properties to be EV-ready. SWTCH’s turnkey EV charging solutions tackle the main deployment challenges for new and aging multifamily buildings from upfront costs and limited electrical capacity to charger reliability. The company’s energy management solution, SWTCH Control™, for example, provides unmatched visibility into building electrical loads and available capacity for EV charging. It allows building owners to install and manage 10 times more EV chargers with existing electrical infrastructure, future-proofing properties while avoiding costly upgrades.

With this raise, SWTCH is leveraging machine learning and artificial intelligence to advance SWTCH Control and its other market-leading EV charging solutions. The company is also expanding integrations with industry-leading software solutions to create a seamless experience for both property managers and tenants who drive EVs.

“Today, a third of Americans live in multifamily buildings, largely without home charging access. As right-to-charge laws and energy efficiency mandates continue to gain traction, SWTCH is in a unique position to help real estate customers close this gap,” says SWTCH CEO Carter Li. “We’re always looking for ways to push our solutions forward to make EV charging a no-brainer. With this new capital, we will scale our EV charging solutions to ensure no building, and no driver, is left behind in the EV future.”

“As a mission-driven, global investment firm with a strategy of scaling companies addressing climate change, Blue Earth Capital is proud to invest in SWTCH’s work to expand EV charging access,” says Kayode Akinola, Head of Private Equity at Blue Earth Capital. “We’re pleased to see SWTCH’s innovative deployments and technological leadership to date, and are excited to partner with the company to support their pivotal growth stage. Electrification and supporting the energy transition is a key investment theme for our climate growth strategy, and an important component of this is the continued expansion of EV infrastructure. The multifamily space served by SWTCH offers a valuable market opportunity to grow our clean energy economy.”

“We think the multifamily housing market in North America is under-served with EV charging infrastructure. SWTCH’s capital efficient, building integrated model is the best we have seen in this space. We are proud to support SWTCH’s expansion, so it can make EV charging a better experience for drivers and property managers,” says Manuel Alamillo, Partner at Alantra’s Energy Transition Fund, Klima.

Notes to editors

About SWTCH Energy

Headquartered in Toronto, Ontario, with offices in Brooklyn and Boston, SWTCH is pioneering EV charging solutions for multifamily, commercial, and workplace properties across North America. SWTCH leverages the latest technology available to help building owners and operators deploy EV charging by tapping into their existing grid infrastructure. Through constant innovation and an extensive partnership network, SWTCH provides the most profitable and unique business model for multi-tenant buildings to stay competitive. For more information, visit www.swtchenergy.com.

About Blue Earth Capital

Blue Earth Capital is a global, independent, specialist impact investor, headquartered in Switzerland, with operations in New York, London, and Konstanz. Blue Earth Capital seeks to address the world’s most pressing social and environmental challenges by delivering measurable impact alongside aiming for attractive and market-rate financial returns. The company operates dedicated private equity, private credit, and fund solutions. Blue Earth Capital is owned by the Blue Earth Foundation, a Stiftung (charity/trust) registered in Switzerland that focuses on deep impact to support initiatives and business ventures to help deliver a more equitable and sustainable future.

About Alantra and Klima Energy Transition Fund
Alantra is an independent global mid-market financial services firm providing investment banking, asset management, and private capital services. In Alternative Asset Management, Alantra offers its clients unique access to a wide range of investment strategies in five highly specialized asset management classes (private equity, active funds, private debt, energy, and venture capital). As of 31 December 2023, assets under management from consolidated and strategic businesses stood at €15.6bn.

Alantra’s Energy Transition fund, Klima, is a 210M€ late-stage VC fund. Alongside Enagas, as cornerstone investor, Klima is backed by relevant investors such as the European Investment Fund, Axis ICO and CPPI. Klima partners with companies located in Europe and North America that have high growth potential in sectors such as smart power grids and markets, energy storage and technologies.

Contacts

Media
SWTCH
Chelsea Nolan

Antenna Group for SWTCH

SWTCH@antennagroup.com

Blue Earth Capital
Kekst CNC

Simon Markebeck

+46 76 127 90 72

Blueearthcapital@kekstcnc.com

Elevated Signals and Auxilium Partner to Recover the $3.4 Trillion of Critical Minerals in Mining Waste

April 18, 2024 By Business Wire

Amid rising demand for clean energy technologies, Auxilium adopts Elevated Signals’ manufacturing software to unlock the estimated $3.4 trillion in critical minerals trapped in mine tailings globally

VANCOUVER, British Columbia & TUCSON, Ariz.–(BUSINESS WIRE)–#CircularEconomy—Elevated Signals Inc. (“Elevated Signals”), a pioneering technology company that offers advanced Manufacturing Resource Planning (MRP) software, announces the continued diversification of its client base into the growing waste-to-value and critical minerals recovery sectors, highlighted by a new partnership with Auxilium Technology Group (“Auxilium”).


Auxilium‘s unique valorization technology efficiently extracts critical minerals from mine tailings and repurposes the reclaimed tailings to manufacture eco-friendly construction materials.

Mining waste is one of the largest waste streams generated globally, with an estimated 100 billion tons or more produced annually. The value of precious, critical, and strategic metals in these tailings is thought to exceed $3.4 trillion worldwide, and demand for these minerals, including cobalt, copper, lithium, nickel, and several other rare earth elements, is expected to more than double by 2040.

“Waste-to-value manufacturing businesses like Auxilium play a key role in providing critical minerals needed for the transition to renewable energy, which presents a significant opportunity within the mining sector,” said Amar Singh, CEO and co-founder of Elevated Signals. “As the industry expands, it has become increasingly clear that these reclamation processes can be better optimized with precise real-time inventory tracking and data-driven analytics. This is something that rigid ERP systems, spreadsheets, and paper-based processes are not equipped to deliver, which is where our platform comes in.”

“Our operation’s needs are complex and constantly evolving. At every stage of production, we must consistently monitor and evaluate the presence and quality of various measurable characteristics in the materials processed in our inventory,” said Michael Goedecke, Auxilium’s Lead Metallurgical Technician. “Elevated Signals gives us a centralized, user-friendly interface that provides a complete and clear view of the live inventory, which has really helped us simplify and optimize our processes.”

Auxilium currently operates a pilot plant in Arizona and is on a rapid growth trajectory. Its modular technology can be used to remediate old mine sites and can also be utilized by operating mines without disrupting operations. The company sees significant opportunities to expand its operations into South America, the U.S., Africa, Australia, and beyond.

About Elevated Signals

Elevated Signals Inc. (“Elevated Signals”) offers modern manufacturing software designed for the complex operations of rapidly expanding manufacturing businesses eager to scale quickly. The company caters to a wide range of clients across various sectors, including controlled environment agriculture, natural health products, critical minerals recovery, and more. Its advanced Manufacturing Resource Planning (MRP) platform sets new standards for operational efficiency with its user-friendliness, flexibility, and complete traceability. The cloud-based solution acts as a unified source of truth for managing live inventory, providing easy access across the company from any location. It streamlines operations and cuts waste by automating real-time tracking, digitizing records and custom forms, and ensuring clear inventory visibility. By removing manual processes and breaking down data silos, Elevated Signals enables quicker and more informed decision-making, allowing businesses to prioritize profitability.

Learn more at https://www.elevatedsignals.com/join-us and follow Elevated Signals on LinkedIn, Instagram, and X at @ElevatedSignals.

About Auxilium

Auxilium Technology Group (“Auxilium”) provides solutions that maximize value from mining waste while minimizing the environmental impact of the mining industry. The company uniquely offers complete tailings repurposing solutions using proprietary technologies. These solutions prioritize environmentally friendly practices, focusing on efficient metal recovery, water treatment, green energy generation, and building material production. Among its products, the Entail solution stands out as a groundbreaking regenerative tailings management system, enabling mining companies to enhance operational value and significantly reduce waste. Entail fully valorizes the input tailings feed, recovers critical elements necessary for the energy transition, produces eco-friendly construction materials, and substantially reduces carbon emissions.

Contacts

Elevated Signals:
Media inquiries: Media@elevatedsignals.com
Sales or product inquiries: Sales@elevatedsignals.com

Flagship Communities Real Estate Investment Trust Announces Largest Acquisition in the REIT’s History

April 17, 2024 By Globenewswire Tagged With: TSX:MHC.U

EXPANDS FOOTPRINT INTO NASHVILLE, TENNESSEE ENTERS EIGHTH NEW U.S. STATE OF WEST VIRGINIA ANNOUNCES US$60 MILLION PUBLIC EQUITY OFFERING Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, April 17, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today announced that… [Read More]

SmartCentres Declares Distribution for April 2024

April 17, 2024 By Globenewswire Tagged With: TSX:SRU.UN

TORONTO, April 17, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of April 2024 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on May 15, 2024 to unitholders… [Read More]

Civeo Announces First Quarter 2024 Earnings Conference Call

April 17, 2024 By Business Wire

HOUSTON & CALGARY, Alberta–(BUSINESS WIRE)–Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its first quarter 2024 earnings conference call for Friday, April 26th, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the first quarter 2024, which will be released before the market opens on Friday, April 26, 2024.


By Phone:

Dial 877-423-9813 inside the U.S. or 201-689-8573 internationally and ask for the Civeo call or provide the conference ID: 13746099# at least 10 minutes prior to the start time.

A replay will be available through May 3rd by dialing 844-512-2921 inside the U.S. or 412-317-6671 internationally and using the conference ID 13746099#.

By Webcast:

Connect to the webcast via the Events and Presentations page of Civeo’s Investor Relations website at www.civeo.com.

Please log in at least 10 minutes in advance to register and download any necessary software.

A webcast replay will be available after the call.

About Civeo:

Civeo Corporation is a leading provider of hospitality services with prominent market positions in the Canadian oil sands and the Australian natural resource regions. Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently operates a total of 24 lodges and villages in Canada, Australia and the U.S., with an aggregate of approximately 26,000 rooms. Civeo is publicly traded under the symbol CVEO on the New York Stock Exchange. For more information, please visit Civeo’s website at www.civeo.com.

Contacts

Regan Nielsen

Civeo Corporation

Vice President, Corporate Development & Investor Relations

713-510-2400

Melcor REIT announces appointment of Barry James and Brandon Kot as Melcor REIT Trustees and provides strategic review update

April 16, 2024 By Globenewswire Tagged With: TSX:MR.UN

EDMONTON, Alberta, April 16, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announces the appointment of Barry James, FCA, FCPA, ICD.D and Brandon Kot as new Trustees of Melcor REIT effective immediately. Mr. James brings extensive board and financial experience to the REIT. Mr. James qualified… [Read More]

Flagship Communities Real Estate Investment Trust Announces April 2024 Cash Distribution

April 16, 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, April 16, 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 April 2024, representing US$0.59 per REIT unit on an annual basis…. [Read More]

SmartCentres Real Estate Investment Trust to Release 2024 First Quarter Results and Host Conference Call

April 16, 2024 By Globenewswire Tagged With: TSX:SRU.UN

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that it will be reporting its financial results for the three months ended March 31, 2024 after the market closes on Wednesday, May 8, 2024. Management will hold a conference call on Thursday, May 9, 2024 at 3:00… [Read More]

SmartStop Self Storage REIT, Inc. Acquires New Facility in Colorado Springs, Colorado

April 16, 2024 By Business Wire

LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today its acquisition of a self-storage facility spanning approximately 64,700 net rentable square feet in Colorado Springs, Colorado. The facility comprises 20 single-story buildings with approximately 450 units offering convenient drive-up access, 24-hour video surveillance, and approximately 100 parking spaces. It also features a two-story leasing office with approximately 30 climate-controlled, single-tenant office suites.


Situated at 3150 Boychuk Avenue, the facility sits across from a retail center that houses a bank, grocery store, and various dining establishments and is within a 10-minute drive of the Colorado Springs airport. In addition to dense three- and five-mile populations with above-average household incomes, the facility is located within five miles of the Fort Carson U.S. Army Post and Peterson Space Force Base, which include approximately 45,000 military personnel. The Colorado Springs location will serve Southeast Colorado Springs, Stratmoor, Stratmoor Hills, Stratton Meadows, and Security-Widefield.

“We are thrilled to announce the launch of our second self-storage facility in Colorado Springs,” stated Wayne Johnson, President of SmartStop. “This expansion underscores our ongoing dedication to offering well-maintained solutions with valuable amenities for our customers.”

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 500 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs. As of April 12, 2024, SmartStop has an owned or managed portfolio of 196 operating properties in 22 states and Canada, comprising approximately 138,100 units and 15.6 million rentable square feet. SmartStop and its affiliates own or manage 34 operating self-storage properties in Canada, which total approximately 29,700 units and 3.0 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

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