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

TORONTO–(BUSINESS WIRE)–The Board of Trustees (the “Board”) of RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has made refinements to further align executive compensation with unitholder experience. Subsequent to the non-binding advisory say-on-pay resolution receiving 75.97% support at the Trust’s 2023 annual and special meeting of unitholders, the Board and its People, Culture and Compensation Committee (the “Committee”) undertook a thorough review of the Trust’s executive compensation program and conducted an extensive unitholder outreach initiative.

“The Board and Committee sought unitholder feedback on RioCan’s executive compensation program. Through our unitholder outreach initiative, we engaged in meaningful discussions and have taken important steps to address our unitholders’ feedback. These changes will be effective January 1, 2024,” said Jane Marshall, Chair of the Committee. “We would like to extend our sincerest gratitude to the unitholders who took the time to meet with us. We remain committed to ensuring that our executive compensation program continues to link pay with performance and create long-term unitholder value by attracting and retaining talented executives.”

Between July and November, members of the Committee and the Board met with and solicited feedback from RioCan’s largest unitholders. The Committee reached out to the majority of the Trust’s 40 largest unitholders, representing approximately 39% of RioCan’s outstanding units. To date, the Committee has held 16 meetings with unitholders, representing approximately 23.53% of RioCan’s outstanding units. The Board and Committee intend to continue their leading unitholder outreach program. Since its establishment in 2020, Board members have held 71 meetings with unitholders. The outreach program is a critical element of RioCan’s overall investor relations program and demonstrates RioCan’s ongoing commitment to facilitating meaningful communication with its unitholders and its willingness to respond to the feedback of its Unitholders on governance and compensation related issues.

As a result of the outreach program, the Board and Management have committed to refining the Trust’s compensation program, beginning in 2024. Below is a summary of the changes:

• Double trigger Senior Executive REU Plan: RioCan’s Senior Executive REU Plan (the “REU Plan”) will be amended to require a ‘double trigger’ before permitting REUs to vest upon a change of control. This change means that executive REUs will now require both a termination of the executive’s employment and a change of control to trigger vesting which aligns RioCan with equity plan best-practices.
• Cliff vesting for REUs: The REU Plan will be amended such that REUs will vest 100% following a three-year performance cycle. This change puts further emphasis on the creation of long-term unitholder value.
• Modified peer group: The Committee worked with its independent compensation consultant to redevelop RioCan’s peer group for both compensation and performance measurement to replace peers in the utility sector with more business-relevant peers. RioCan will provide enhanced proxy disclosure of the rationale for the selection of the companies in its peer group.
• Increased focus on ESG: Further focus will continue to be put on establishing short- and long-term compensation metrics that are directly linked to achieving the Trust’s environmental objectives, as well as certain key social and governance objectives that the Board determines to be important.
• Enhanced disclosure: RioCan commits to providing enhanced disclosure in its management information circular, including with respect to the different applications of funds from operations in RioCan’s Executive Management Bonus Plan and long-term incentive program and to the individual objectives within each executive’s scorecard.

Additional details will be provided in RioCan’s Management Information Circular prior to the 2024 annual meeting of unitholders. RioCan remains committed to year-round and meaningful engagement with unitholders. The Committee will continue to assess the Trust’s executive compensation program to align with business goals and unitholder interests.

About RioCan

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at September 30, 2023, our portfolio is comprised of 192 properties with an aggregate net leasable area of approximately 33.6 million square feet (at RioCan’s interest) including office, residential rental and 10 development properties. To learn more about us, please visit www.riocan.com.

Contacts

RioCan
Kim Lee

Vice President, Investor Relations

(416) 646-8326

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Walton Global, a leading asset management and global real estate investment company, is pleased to announce a total of $30.9 million in distributions to investors within the Roll-Up Corporation, WIGI Restructured Bond Corporation, and McConachie Asset Management Corporation.

A significant distribution of $26,339,936 was approved on November 16^th, 2023, by the Walton-managed Roll-Up Corporation (“RUC”) and the distribution was made December 8^th. This is RUC’s sixth dividend paid to its shareholders since the formation of the entity and its second distribution in 2023. This represents an aggregate of $183,899,573, or $2.71 per share, distributed to shareholders to date.

The distribution is a result of RUC’s continued success in the execution of its monetization strategy of land assets across North America. “The outlook for 2024 is anticipated to be successful in terms of exit activity and continued distributions to shareholders as we continue to execute the corporation’s strategy,” said Tony Deegan, Senior Vice President at Walton Global. “There is more than $164 million in projected exits between now and the end of next year.”

A second Walton-managed entity, WIGI Restructured Bond Corporation, has also approved a $3,700,000 distribution to investors. The distribution will be paid on or near December 21^st, 2023. Consistent land transactions over the past number of years have led to an aggregate of $34,275,000 being distributed to investors since the formation of the entity in 2018.

Walton’s McConachie Asset Management Corporation has also just completed a distribution of $919,345 on bonds on November 15^th, 2023. The corporation has made principal and interest payments totaling $66,658,157 to date. The McConachie Community is a residential development project in Edmonton, Alberta where Walton is the Project Manager. “The McConachie project is nearing completion, with the multi-family site, managed by Royal West Homes, being the final stage of the development to be completed,” said Rob Nixon, Senior Vice President of Real Estate. “This has been an exciting project to work on over the years and we are looking forward to fully exiting this project for investors.”

About Walton Global

Walton Global is a privately owned, leading land asset management and global real estate investment company that concentrates on the research, acquisition, administration, planning and development of land. With nearly 45 years of experience, Walton has a proven track record of administering land investment projects within the fastest growing metropolitan areas in North America. The company manages and administers US $3.4 billion in assets on behalf of its global investors, builders, developer clients and industry business partners. Walton has more than 90,000 acres of land under ownership, management and administration in the United States and Canada with business lines ranging from exit-focused pre-development land investments to builder land financing. For more information visit walton.com.

Contacts

MEDIA CONTACT:
Hamilton McCulloh

Allison Worldwide

1-206-910-9797

waltonglobal@allisonworldwide.com