• Sign up for the Daily Digest Email!
  • Twitter
  • Facebook
  • Google Plus One
  • RSS

REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada

  • Home
  • Headlines
  • Daily Digest Email
  • Canadian REITs

ECI Software Solutions Acquires Treetop, Automating Dutch Residential Construction Businesses

December 22, 2023 By Business Wire

Strategic acquisition expands ECI’s presence in Europe with the most complete residential construction and craft business management software portfolio in the Netherlands.

FORT WORTH, Texas–(BUSINESS WIRE)–ECI Software Solutions, a global provider of cloud-based business management software and services, announced today it has completed the acquisition of Treetop Group, a software company specialized in business software solutions for the residential construction and craft industry in the Netherlands. This marks ECI’s first acquisition in the residential construction industry outside of North America and expands ECI’s European footprint, further broadening its residential construction software portfolio. Terms of the deal were not disclosed.


“Treetop empowers business owners through modern technology and automation that addresses the unique business challenges of the Dutch residential construction industry. ECI’s heritage as a leader in residential construction industry software and Treetop’s many decades of experience and deep, loyal customer base in the Netherlands make a great combination,” said Trevor Gruenewald, CEO of ECI Software Solutions.

Treetop offers a wide range of enterprise resource planning (ERP) software and business applications that cater to the needs of small to medium-sized businesses (SMBs) in the residential construction and crafts sector in the Netherlands. Treetop has been formed through a selective buy-and-build strategy with support from its majority stakeholder, Nedvest.

“I am proud of what we have achieved together with the Treetop team. I want to take this opportunity to thank all the people at Treetop for their dedication and energy to grow and build the company over the recent years. We know ECI well and consider them to be the ideal partner to support Treetop in further cementing its position as a market leader in the construction software ecosystem,” said Maarten van der Vlist, partner at Nedvest.

Treetop plans to launch a new cloud product in 2024: Treetop Online, a cloud-native ERP software solution designed to manage construction business processes in real time for smaller construction and craft companies.

Treetop’s existing products include: Admicom, an all-in-one ERP software built specifically for SMB construction companies; Kraan, an ERP software platform for mid-market construction companies; Technosoft, a 2D/3D building design software for constructors; TreeICT, a managed services company; HomeDNA, an expert system that streamlines customer and quality processes in the construction industry; and Frank, a construction software application that supports those who are self-employed in construction.

“ECI has forged an enduring path in the residential construction software industry, anchored by a proven track record and unmatched expertise,” said Geert-Jan den Besten, CEO of Treetop. “As this industry continues to evolve and modernize, ECI remains steadfast in its mission to empower and elevate its customers with investments in innovation, a top-notch R&D team and global support for customer growth. As Treetop and ECI join forces, we look forward to continuing the customer-centric approach that has defined Treetop’s success.”

With more than 3,000 customers, ECI Europe already has a growing presence in the Dutch manufacturing industry. Applying industry knowledge, ECI helps drive customer growth with innovative software solutions in the areas of ERP, finance, CAD/CAM, supply chain, shopfloor control, field service and business analytics. The strategic acquisition of Treetop further expands ECI’s portfolio and industry expertise in the region.

To learn more about ECI, visit its website.

About ECI Software Solutions

ECI Software Solutions provides cloud-based business software for running small and mid-sized businesses end to end. Built by experts in manufacturing, residential construction, service management, building supply, office technology and wholesale/retail distribution industries, ECI’s industry-specific software connects businesses and customers, improving visibility, operational efficiency and profitability. With ECI, businesses seamlessly integrate sales and marketing, business intelligence, CRM, data and analytics, ecommerce, mobile apps and payment processing. With more than 30 years of industry leadership, ECI is trusted by 24,000 customers in more than 80 countries globally. Headquartered in Westlake, Texas, it has offices in the U.S., Canada, Mexico, United Kingdom, the Netherlands and Australia. For more information, visit ECIsolutions.com.

About Nedvest

Nedvest is a family-run business based in Amsterdam, recognized for its active involvement as a shareholder in the companies it supports. Concentrating on investments in the Netherlands, Nedvest employs a hands-on approach and brings a wealth of experience to its partnerships. This has led to (international) deals and successful exits across a diverse range of industries. Nedvest has shown versatility and commitment to nurturing and driving growth in businesses of various sectors and is currently focusing on the digital economy within its existing portfolio. For more information, visit Nedvest.

Contacts

Brittni Borrero

Gabriel Marketing Group (for ECI Software Solutions)

Phone: +1-248-931-3418

Email: brittnib@gabrielmarketing.com

Northview Residential REIT Announces December Distribution

December 21, 2023 By Globenewswire Tagged With: TSX:NRR-UN

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Dec. 21, 2023 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its December 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]

Dream Impact Trust Announces December 2023 Monthly Distribution

December 21, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact” or the “Trust”) today announced its December 2023 monthly distribution in the amount of 5.333 cents per Unit (64 cents annualized). The December distribution will be payable on January 15, 2024 to unitholders of record as at December 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

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

CAPREIT Announces $101MM in New Strategic Transactions

December 20, 2023 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that, since its last transaction press release on September 5, 2023, it has completed two strategically aligned acquisitions of newly constructed Canadian rental properties for an aggregate purchase price of $90.5 million. CAPREIT also announced that it… [Read More]

European Residential Real Estate Investment Trust Announces Conclusion of Strategic Review Process

December 20, 2023 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its Board of Trustees (the “Board”) has concluded the REIT’s strategic review process, first announced on June 16, 2023. The strategic review involved the evaluation of various value-maximizing alternatives, including, but not limited to,… [Read More]

Dream Office REIT Announces December 2023 Monthly Distribution

December 20, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its December 2023 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The December distribution will be payable on January 15, 2024 to unitholders of record as at December 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

Timbercreek Financial Declares December 2023 Dividend

December 19, 2023 By Globenewswire Tagged With: TSX:TF

TORONTO, Dec. 19, 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 January 15, 2024 to holders of Common Shares of record on December 29, 2023. The Company also… [Read More]

UofT Campus Community Uniting for Holiday Solidarity Rally

December 19, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Workers and students from across the University of Toronto campuses will come together for a Holiday Solidarity Rally in front of Simcoe Hall at 3:00 p.m. on Monday, December 18.


The historic rally will see members of the university’s academic union, CUPE 3902, its maintenance and custodial union, CUPE 3261, and library workers represented by CUPE 1230 and students together.

Together, the three locals of the Canadian Union of Public Employees will voice their wish for respect, dignity and a living wage for University of Toronto workers.

Collectively, the three locals represent some 8,000 workers who are in negotiations with the University. They include caretakers, food service workers, library staff, student casuals, postdocs, teaching assistants, contract and sessional instructors, and many others.

All three CUPE locals have filed for conciliation.

Highlights include a performance by the CUPE 3902 Labour Choir, and workers and students delivering their holiday wishes to the University’s Governing Council.

WHO: CUPE locals 3902, 3261 and 1230

WHAT: Holiday Solidarity Rally

WHEN: 3-4:30 p.m., Monday, December 18

WHERE: Simcoe Hall, King’s College Circle, University of Toronto.

lf/cope491

Contacts

Craig Saunders, CUPE Communications, 416-576-7316

Urbanfund Corp. Declares Dividend

December 18, 2023 By Globenewswire Tagged With: TSX-V:UFC

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 18, 2023 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), announces that the Board of Directors of the Company has declared a dividend of $0.0125 per common share… [Read More]

FirstService Acquires Roofing Corp of America

December 18, 2023 By Globenewswire Tagged With: TSX:FSV

Leading Commercial Roofing Platform Complements Existing Property Service Operations TORONTO, Dec. 18, 2023 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it has acquired Roofing Corp of America (“Roofing Corp” or “RCA”), one of the largest commercial roofing enterprises in North America. The addition is highly complementary to FirstService’s existing… [Read More]

Dahua Technology Unveils Video Access Controller for Enhanced Security

December 18, 2023 By Business Wire

IRVINE, Calif.–(BUSINESS WIRE)–Dahua Technology, a global leader in innovative security solutions, has announced the launch of its state-of-the-art video access controller. This cutting-edge device aims to redefine residential access control systems by incorporating advanced security technology and intuitive user-friendly features, ensuring a new level of security for residential environments.


Installation contractors can leverage this advanced security product – the DHI-ASI8213SA-W video controller – to provide immense value to their clients, including small and medium-sized business owners, factories, casinos, and warehouses.

Setting itself apart from existing products in the market, the DHI-ASI8213SA-W excels through its seamless integration into the DSS Pro platform while still functioning as a standalone product. This unique capability not only ensures a smooth transition for users but also eliminates the need for additional software purchases, resulting in significant cost savings for clients.

The DHI-ASI8213SA-W video access controller, equipped with the cutting-edge Android 11 operating system, offers a seamless integration platform for third-party applications, delivering an all-encompassing and adaptable security solution. This advanced device supports various identification methods, including face detection+, card reading, password entry, and QR code access.

“Our DHI-ASI8213SA-W redefines residential security by combining seamless entry with the convenience of multiple unlock methods, including face detection+, card reading, password, and the highly demanded QR code access, accommodating residents’ fast-paced lifestyles,” said Kevin Sok, Product Marketing Manager at Dahua Technology.

If residents find themselves in a situation where they are in a hurry and accidentally locked themselves outside, there is no need to worry. Our system offers a convenient solution for individuals to swiftly reach out to their Homeowners’ Association (HOA) and receive prompt assistance. Residents can easily contact the HOA using our device via the Dahua indoor monitor (VTH) or the VMS platform, DSS Pro v8. Following the call, the HOA can generate a temporary QR code for access.

Moreover, the device’s noteworthy feature of displaying rotating advertisements presents an excellent opportunity to effectively communicate HOA regulations and community updates to all residents. This ensures that important information reaches every corner of the community, enhancing awareness and cooperation among residents in adhering to HOA guidelines.

Key Features and Benefits:

Intuitive User Interaction: Featuring an 8-inch LCD display with a high-definition resolution of 800 x 1280, the DHI-ASI8213SA-W provides clear and intuitive user interactions, keeping residents informed and in control.

Crystal-Clear Video Quality: Equipped with a 2MP dual-lens CMOS camera and True Wide Dynamic Range (WDR) of 120 dB, this device delivers unparalleled video clarity in various lighting conditions, ensuring accurate identification.

Ample Storage Capacity: With storage capacity for up to 100,000 users, 100,000 faces, 500,000 cards, 50 administrators, and a log of 300,000 records, the DHI-ASI8213SA-W caters to large user bases and ensures efficient management.

Multiple Unlocking Methods: The video access controller offers multiple unlocking methods, including facial detection+ within a distance ranging from 0.98 ft to 9.84 ft, ensuring efficient and reliable entry for residents.

Face Detection+ Technology: With a remarkable 99.9% accuracy rate and an average comparison time of just 0.2 seconds, the DHI-ASI8213SA-W’s Face Detection+ technology combines accuracy and speed for seamless access control.

The product operates on a 12V DC, 2A power supply and offers flexible user management. Users can be enrolled directly at the device through face detection setup or by using the DSS Pro system, ensuring efficiency and convenience.

The product will be available through Dahua’s local distributors starting in November. The manufacturer’s suggested retail price (MSRP) for this video access controller is $1399.99 USD and $1931.99 CAD.

About Dahua Technology USA

Dahua Technology USA Inc. is a subsidiary of Dahua Technology, which is estimated to be the second largest supplier of video security equipment in the world according to the Omdia 2020 Market Share Database. Dahua Technology USA brings high-value, total security solutions to the North American market by focusing on integrity and personal relationships to enhance the customer experience. Dahua Technology’s security solutions, from award-winning cameras to video management software, deliver unparalleled quality, reliability, and stability, providing sales and support throughout the U.S. and Canada.

Contacts

Marketing.usa@dahuatech.com

Melcor REIT announces December distribution of $0.04 per unit

December 15, 2023 By Globenewswire Tagged With: TSX:MR.UN

EDMONTON, Alberta, Dec. 15, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distribution of $0.04 per unit for the month of December 2023 unchanged from previous months. The December distribution will be payable as follows: Month Record Date Distribution Date Distribution… [Read More]

  • « Previous Page
  • 1
  • …
  • 77
  • 78
  • 79
  • 80
  • 81
  • …
  • 1139
  • Next Page »

Sign up for the Daily Digest Email!

Receive the latest news stories from the REIT Report every morning for FREE!

100% Privacy. No SPAM. We promise.

Daily Movers

Ticker News Price Chg Chg%
d.un:ca$14.92.7118.16%
csh.un:ca$9.340.545.78%
ax.un:ca$6.920.223.13%
kmp.un:ca$17.730.623.5%
nwh.un:ca$8.020.222.69%
mrt.un:ca$5.24-0.01-0.19%
grt.un:ca$81.72-0.11-0.13%
hot.un:ca$2.53-0.01-0.39%
fcr.un:ca$15.35-0.05-0.32%
dir.un:ca$14.22-0.41-2.87%
 

Market Snapshot

  • Advertise
  • About
  • Contact
  • Privacy Policy

Copyright © 2025 · REIT REPORT