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]
Dream Residential REIT Announces September 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 September 2023 monthly distribution in the amount of US$0.035 per unit (US$0.42 annualized). The September distribution will be payable on October 13, 2023 to unitholders of record as at September 29, 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 an initial 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, please contact:
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
Timbercreek Financial Declares September 2023 Dividend
TORONTO, Sept. 22, 2023 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on October 13, 2023 to holders of Common Shares of record on September 29, 2023. The Company… [Read More]
Dream Office REIT Announces September 2023 Monthly Distribution
TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its September 2023 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The September distribution will be payable on October 13, 2023 to unitholders of record as at September 29, 2023.
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
For further information, please contact:
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
Northview Residential REIT Announces September Distribution
Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Sept. 21, 2023 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its September 2023 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of… [Read More]
Semifinalists Announced for $1 Million USD Seeding The Future Global Food System Challenge
CHICAGO–(BUSINESS WIRE)–Semifinalists for the third annual Seeding The Future Global Food System Challenge have been announced and 38 teams of innovators will now vie for a part of $1 million USD across three award levels – two Seeding The Future Grand Prizes ($250,000 each), three Growth Grants ($100,000 each), and eight Seed Grants ($25,000 each). Funded by the Seeding The Future Foundation and hosted by the Institute of Food Technologists (IFT), this year’s Challenge received a record number of submissions (over 900) from 78 countries as multidisciplinary teams of scientists, engineers, and entrepreneurs submitted their innovative approaches to transform the food system towards better nutrition security and planetary health.
“Global agricultural and food systems account for more than 30% of greenhouse gas emissions, and the role of impactful food system innovations related to climate change is becoming increasingly critical. The Seeding The Future Global Food System Challenge focuses on innovations that transform food systems to be more resilient and sustainable while also enabling equitable access to safe, nutritious, and affordable food that is trusted by consumers,” said Bernhard van Lengerich, PhD, founder of Seeding The Future Foundation.
The Challenge incentivizes impactful and transformative innovations created by teams from for-profit, non-profit, or academic research entities sharing a common goal: To address the challenges of climate change and nutrition security by transforming the global food system and its impact on planetary and personal health. From regenerative agriculture to artificial intelligence, the Challenge has received a wide range of innovative solutions, as demonstrated by the more than 2,400 submissions in the Challenge’s first three years.
Submissions opened on June 1 and closed on August 1. Over the last 45 days, submissions have been carefully evaluated and scored based on their novelty and projected impact on people’s lives and the environment by a panel of highly distinguished subject matter experts from different science and technology disciplines.
Here is a complete list of this year’s semifinalists:
Seeding The Future Grand Prize Semifinalists
Fork Farms for its efforts to scale its highly innovative vertical hydroponic Flex Farm into a large-scale operation, the Flex Acre, which can grow four times the amount of food to market with maximum potential for positive impact on people and the environment (USA).
Green America for its Soil & Climate Alliance’s innovative approach operating the Soil Carbon Initiative (SCI), a third-party verification program designed to accelerate the uptake of regenerative agriculture and promote soil regeneration and linking it with the Nutrition Density Alliance focusing on regenerative agricultures ability to produce more nutritious food (USA).
Green Farm Innovations, Inc. for its novel farm to doorstep food delivery model which aims to reduce the distance and middlemen between food producers and consumers through vertical farming in local production hubs with direct distribution to consumers (Canada).
INMED South Africa for its unique and impactful Aquaponics Social Enterprise (ASE) program, which builds upon INMED’s expertise in climate-smart aquaponics to generate a means to address food security, climate-change adaptation, inclusion, sustainable livelihoods, and other intertwined causes of systemic poverty at large scale (South Africa).
International Food Policy Research Institute (IFPRI) for its Harvest Plus Program which leverages the nutritional benefits of locally grown biofortified crops used to develop nutrient-dense flours for porridge that can be easily stored, handled, and prepared for many consumers via school feeding (Kenya).
Naandi Foundation for its ReGen program, a synergistic model of ReGenerative agriculture providing SEED (soil enrichers and ecosystem developers) and SALM (sustainable agriculture land management) as respective material agri-inputs and knowledge frameworks. ReGen is an assembly of biology-based tools for the sustainable adoption of regenerative agriculture, distributed free of cost through a decentralized network of 12 regenerative agricultural hubs (India).
Savory Institute for its groundbreaking work to regenerate 100,000 hectares of communally managed Maasai conservancies in Kenya’s Mara region. Savory’s holistic approach integrates grasslands regeneration into an inclusive value proposition with an ROI model spanning land stewards, local communities, food-and-fashion corporate partners, and impact investors (USA).
SnapDNA for its highly innovative, simple, rapid, lab-quality, molecular and live pathogen food testing technology that can be used in-field to eliminate the need to store product or ship to a lab, thereby significantly lowering cold or ambient storage and food cost, enabling a safer, fresher, and more trustworthy food supply while reducing food waste (USA).
Growth Grants Semifinalists
Association 3535 for its Cool Lion project, an innovative cooling-as-a-service enterprise utilizing solar powered cold storage hub solutions for small-holder farmers in Africa (Cote d’Ivoire).
BettaF!sh, a start-up that harnesses the potential of regenerative cultivated seaweed as a key ingredient in novel, delicious and environmentally sustainable plant-based seafood alternatives (Germany).
Cotex Technologies, Inc., for its development of a novel process to create controlled release fertilizers using biodegradable polymers as an environment-friendly solution with increased efficiency and at lower cost than current alternatives (Canada).
Empa, Swiss Federal Laboratories for Materials Science and Technology for its development of a highly innovative scalable evaporative cooling blanket made from biodegradable material to reduce post-harvest losses of perishable goods in developing regions (Switzerland).
International Centre of Insect Physiology and Ecology (ICIPE) for its innovative development of plant extract based biopesticides and their on-farm applications for sustainable crops, benefitting human and environmental health (Kenya).
Ignitia for its ‘from-rain-to-grain’ climate intelligence solutions for farmers in tropical regions to address the problem of low accuracy weather forecasts and its consequences. Through advanced, tropical atmospheric physics-based numerical prediction models and machine learning techniques, Ignitia delivers hyper-local forecasts that are twice as accurate as today’s global models (Sweden).
Saba Grocers for its Fresh Food Access Initiative, a comprehensive and novel program to distribute low volume produce orders to corner stores at wholesale prices through a Collective Purchasing Agreement which procures produce from BIPOC farmers. Saba’s work mitigates supply chain disparities which deprioritize supplying fresh produce to underserved communities (USA).
Kopernik for its innovative PANGAN Initiative: Preserving Ancestral Knowledge and Revitalizing Food Security for a Climate-Resilient and Sustainable Future. PANGAN specifically addresses food insecurity in West Timor, a problem that has been exacerbated by the climate crisis and affects underserved and marginalized communities the most (Indonesia).
Midwest Food Bank for its Tender Mercies, a low cost, environmentally conscious, nutrient-dense meal made from an innovative single meal formulation mix enriched with vitamins and minerals, creating enjoyable and fully nutritious, yet cost-effective meals for school feeding programs, disaster relief, refugee camps, HIV/AIDS programs, or family settings (Kenya).
Node Eight Foundation for its First Farms project, an innovative agritech/fintech solution that is transforming agriculture in Africa. By leveraging its digital platform, it invests in first-time certified farmers, equipping them with the tools they need to thrive in modern agriculture (Ghana).
Nurture Posterity International for NutriPosh, a unique approach protecting the nutritional quality of seed enriched maize flours used for enhanced nutrition in school feeding programs via regenerative agricultural practices, solar powered dehydration technologies and the use of biodegradable packaging (Uganda).
Save The Environment’s “SENVIR” (link not available) for its biodiversity driven agronomic research on the choice of substrate and undergrowth needed to propagate Gnetum africanum which is applied in multiplier greenhouses and integrated into forestlands to promote sustainable growth of this endangered and widely consumed forest plant (Democratic Republic of Congo).
Seed Grant Semifinalists
Alabaster International, “Enset Cultivation, Development and Utilization in Ethiopia and Kenya – Determining the Impact of Enset on Food Security” (USA).
Amity Institute of Microbial Technology, Amity University Uttar Pradesh, “Promoting Sustainable Agriculture: Harnessing Novel Microbial Consortia for Eco-Friendly Reduction of Chemical Fertilizers and Pesticides” (India).
AQUAGENIUS, “Small-scale Fish Farming Enhanced by a Circular Economy and Innovative, Eco-friendly Food Strategy” (Republic of Benin).
Campbell Systems Design, “The Open Smart Kitchen (OSK) Hub: A Camera-based Food Management System to Reduce Food Spoilage and Promote Healthy Eating” (USA).
Crover, Ltd., “Maintaining the Quality of Grains and Oilseeds in Bulk Storage and Transportation” (United Kingdom).
Egerton University, “Developing a Togotia Digital Knowledge Platform for Improved Production, Value-addition and Utilization” (Kenya).
Feeding Albania Foundation, “Sustainable Egg Production for NGOs and the Impoverished in Albania” (Albania).
Global Seed Savers, “Empowering Communities for Sustainable, Equitable, Ecological, and Diverse Food Systems through Seed Sovereignty (ECOSEEDS Project)” (USA).
Journalists for Human Rights, “Sustainable Urban Farming for Food Security and Environmental Conservation” (Macedonia).
Makerere University, “Harnessing the Potential of a Millet-Pomegranate Composite Flour, ‘Millipome,’ as a Safe, Nutritive and Healthy Living Alternative Food” (Uganda).
Ndalo Heritage Trust, “Sorghum Value-addition: Scaling Up Nutrition, Human and Climate Health for At-risk Populations in Siaya County, Kenya” (Kenya).
Safe Environment Hub, “Black Soldier Fly farming: Changing Trash to Cash” (Kenya).
Stembla Kano. “Rhombus: An App to Empower Food Security and Farmers” (Nigeria).
Tiny Seed Project’s “PISCES: Permaculture Institute, Cultivating Resilience: Promoting Cover Crops for Sustainable Agriculture in Northern Togo” (USA).
University of Connecticut, “Green Engineering of Seaweed Biomaterials for Sustainable Food Protection” (USA).
Urban Being (URBNG) Inc., “JRDN-URBN: Building Food Autonomy into the City” (Canada).
UV4Good, “UVC LED-based systems to clean water in the field and other emergency situations across the world: Ukraine case” (Ukraine).
West Virginia University Research Corporation, “Indoor LED Strawberry Growing: Lighting the Way to Zero Waste Beverages” (USA).
Seed Grant winners and Growth Grant and Grand Prize finalists will be announced next month. Follow IFT and Seeding The Future Foundation on LinkedIn for updates on the announcement.
For more information on the Challenge, go to www.ift.org/food-system-challenge.
About Institute of Food Technologists
The Institute of Food Technologists (IFT) is a global organization of approximately 12,000 individual members from more than 100 countries committed to advancing the science of food. Since 1939, IFT has brought together the brightest minds in food science, technology and related professions from academia, government, and industry to solve the world’s greatest food challenges. IFT works to ensure that its members have the resources they need to learn, grow, and advance the science of food as the population and the world evolve. IFT believes that science is essential to ensuring a global food supply that is sustainable, safe, nutritious, and accessible to all. For more information, please visit ift.org.
About Seeding The Future Foundation
The Seeding The Future Foundation is a private, non-profit organization motivated by its core value that everyone should always have equitable access to safe, nutritious, affordable, appealing, and trusted food. It seeks to inspire innovative solutions that can help transform the global food system to be more sustainable and benefits the health of people and the environment. The Foundation provides seed funding and support to promising ideas and high impact innovations to improve food systems globally, technologies to reduce post-harvest losses in developing regions, as well as foundational work in academia and research. For more information, please visit seedingthefuture.org.
Contacts
Dennis Van Milligen
Senior Manager, Public and Media Relations
Institute of Food Technologists
630-853-3022
dvanmilligen@ift.org
Firm Capital Apartment Real Estate Investment Trust Announces Exchange Approval Of Normal Course Issuer Bid For Debentures
TORONTO, Sept. 20, 2023 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.UN), (TSXV: FCA.U) is pleased to announce that it has received approval from the TSX Venture Exchange (the “Exchange“) to commence a normal course issuer bid (the “Bid“) to purchase up to $1,929,068 principal amount of the CAD$19.4… [Read More]
District South Joins The Real Brokerage
The top-producing Acadiana team brings 40 agents, bolstering Real’s presence in Louisiana
TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, announced today that District South Real Estate Co., the Lafayette-based team serving Louisiana’s Acadiana region, is the latest top-producing team to join the company. Led by Carrie Théard and Sean Hettich, District South brings 40 agents to Real. With the addition of District South, The Real Brokerage total agent count now exceeds 12,000.
“We are excited to welcome Carrie, Sean and the entire District South team to Real,” said Real President Sharran Srivatsaa. “Carrie and Sean share Real’s ‘Work Hard. Be Kind.’ mindset attracting top producers to their team who distinguish themselves through their professionalism and commitment to giving back to their community.”
After successful careers independently – Théard at a local boutique and Hettich as a top producer at a global brokerage – the pair joined forces in 2017 to form District South as a way to combine the best of what both business models have to offer. Since that time both have continued to rank among the state’s top-producing agents. District South has ranked among the top-producing teams in Louisiana, recording the highest per agent sales of any firm for the past five years. In 2022, District South completed 960 transactions, totaling nearly $252 million in sales.
“By joining Real, we are once again blending the best of both worlds,” Théard said. “Real offers us the opportunity to continue to offer what our agents value most, while also providing opportunities for building wealth long-term.”
Hettich said, “Real’s forward-thinking revenue model and culture of professionalism are what drew us in. CEO Tamir Poleg’s vision of agent quality and high professionalism mirrored what we have already achieved at the local level with District South. We love that our agents are now co-owners with us and we can grow our careers together.”
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 48 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 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 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:
investors@therealbrokerage.com
908.280.2515
For media inquiries:
Elisabeth Warrick
Senior Director, Marketing, Communications & Brand
elisabeth@therealbrokerage.com
201.564.4221
Slate Grocery REIT Announces Distribution for the Month of September 2023
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 the Board of Trustees has declared a distribution for the month of September 2023 of U.S.$0.072 per class U unit of the REIT (“Class U Units”), or U.S.$0.864 on an annualized basis.
Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election.
Holders of class A units of the REIT (“Class A Units”) will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT (“Class I Units”) will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units (“Exchangeable Units”) will receive a distribution of U.S.$0.072 per unit.
If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution.
Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on October 16, 2023 to unitholders of record as of the close of business on September 29, 2023.
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 daily 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 targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. 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.
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-Dist
Contacts
For Further Information
Investor Relations
+1 416 644 4264
ir@slateam.com
SmartCentres Declares Distribution for September 2023
TORONTO, Sept. 18, 2023 (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 September 2023 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on October 16, 2023 to unitholders… [Read More]
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