TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”), please note that in the second paragraph, the estimated Canadian rate per Unit and Class B LP Unit is C$0.00737, not C$0.01474 as previously stated. The corrected release follows: European Residential… [Read More]
ERES Declares January 2025 Monthly Distribution
TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the January 2025 monthly cash distribution of €0.005 per Unit and Class B LP Unit (the “January 2025 Distribution”), being equivalent to €0.06 per Unit annualized. The distribution… [Read More]
CAPREIT Announces January 2025 Distribution
TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its January 2025 monthly distribution in the amount of $0.125 per Unit (or $1.50 on an annualized basis). The January 2025 distribution will be payable on February 18, 2025 to Unitholders of record at the close… [Read More]
Allied Announces January 2025 Distribution
TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of January 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on February 18, 2025, to unitholders of record as… [Read More]
Flagship Communities Real Estate Investment Trust Announces January 2025 Cash Distribution
Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0517 per REIT unit for the month of January 2025, representing US$0.62 per REIT unit on an annual basis…. [Read More]
Slate Grocery REIT to Release Fourth Quarter and Year End 2024 Financial Results
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 it will be releasing its fourth quarter and year end 2024 financial results before market hours on Wednesday, February 12, 2025. Senior management will host a live conference call at 9:00 am ET on Wednesday, February 12, 2025 to discuss the results and ongoing business initiatives of the REIT.
Conference Call Details
The conference call can be accessed by dialing (289) 514-5100 or 1 (800) 717-1738. Additionally, the conference call will be available via simultaneous audio found at https://onlinexperiences.com/Launch/QReg/ShowUUID=FCDFB061-11E5-4AA4-B192-152A1985E211&LangLocaleID=1033. A replay will be accessible until February 26, 2025 via the REIT’s website or by dialing (289) 819-1325 or 1 (888) 660-6264 (access code 31360#) approximately two hours after the live event.
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 are expected to 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 investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. 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
FirstService to Announce Fourth Quarter and Annual Results for 2024 on February 5, 2025
TORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will release its financial results for the fourth quarter ended December 31, 2024 by press release on Wednesday, February 5, 2025 at approximately 7:30 am ET. The conference call to review these financial results will take place… [Read More]
Real to Present at the 27th Annual Needham Growth Conference
TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX) (“Real” or the “Company”), a technology platform reshaping real estate for agents, home buyers and sellers, today announced that its Chairman and Chief Executive Officer, Tamir Poleg, will present at the 27th Annual Needham Growth Conference in New York on Tuesday, January 14, 2025 at 1:30 p.m. ET.
Conference Details:
Date: Tuesday, January 14, 2025
Time: 1:30 p.m. ET
Webcast link: https://wsw.com/webcast/needham143/reax/2252448
Real’s remarks will be broadcast live, and a replay will be available for one year at the link above, and on the investor relations section of the company’s website at https://investors.onereal.com/.
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 24,000 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.
Contacts
For additional information, please contact:
Ravi Jani
Vice President, Investor Relations and Financial Planning & Analysis
investors@therealbrokerage.com
908.280.2515
For media inquiries, please contact:
Elisabeth Warrick
Senior Director, Marketing, Communications & Brand
elisabeth@therealbrokerage.com
201.564.4221
Top-Performing Team The Burgman Group Joins Real
High-volume team, led by industry influencer Shane Burgman, expands Real’s presence throughout Florida’s Space Coast
TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, today announced it has expanded its presence throughout Florida’s Space Coast with the addition of The Burgman Group. Led by industry influencer Shane Burgman, the three-person team has built a reputation for its tenacious work ethic, which has made it one of the top-producing teams in the market. During his 10-year career, Burgman has averaged 50 home sales a year valued at more than $200 million in total sales.
Burgman began his real estate career in 2015 following 10 active-duty years in the U.S. Navy as a Nuclear Submarine Missile Technician. He credits his military service for his passion to make a difference in people’s lives and core values of hard work and high ethical standards, qualities that enabled him to make a successful transition to real estate. In addition to his strong track record, Burgman has built a loyal social media following based on his high-quality production value, market insights and real estate advice. He currently has 22,000 followers on Instagram and 5,000 on YouTube with more than 1 million views.
Having experienced multiple military transfers during his time in the Navy, Burgman understands the difficulties that relocations pose and has used this experience to help other military families looking to settle on Florida’s Space Coast. At Real, he will be part of the company’s Military Division, which specializes in serving the needs of Veterans and active-duty service members and their families.
“Shane’s unwavering honesty and relentless work ethic have earned him a reputation as one of the most trusted names in real estate and a leader among his peers,” Real President Sharran Srivatsaa said. “I’m thrilled to welcome Shane and his team to Real and look forward to seeing how our platform helps them elevate their impact on clients while inspiring their peers.”
Burgman said Real’s collaborative community, technology and entrepreneurial focus are what drew him and this team to Real.
“I’ve been following Real for a while. I’m stoked about this new opportunity and thrilled to enhance my clients’ overall experience. Real’s commission structure and revenue share provide upside potential that allows us to build long-term wealth, while the company’s technology platform is designed for teams like ours that are always looking to better serve clients. We couldn’t be more excited to make the move to Real,” Burgman said.
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 24,000 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 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, Real’s ability to attract new agents and retain current agents and those risk factors discussed under the heading “Risk Factors” in the Company’s Annual Information Form dated March 14, 2024, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. 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, please contact:
Ravi Jani
Vice President, Investor Relations and Financial Planning & Analysis
investors@therealbrokerage.com
908.280.2515
For media inquiries, please contact:
Elisabeth Warrick
Senior Director, Marketing, Communications & Brand
elisabeth@therealbrokerage.com
201.564.4221
SmartStop Self Storage REIT, Inc. Expands Portfolio in the New York Metropolitan Region
LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, is pleased to announce the acquisition of two premier Class A storage facilities in the New York Metro region.
The first facility, located at 1204 Broad St. in Clifton, New Jersey, encompasses approximately 116,100 net rentable square feet. Boasting a traffic count of approximately 158,800 vehicles daily from State Highway 3 and Broad Street, this prime location is conveniently situated across from a well-established retail store. The property features a three-story building with a basement, offering exclusively interior climate-controlled units accessible via two elevators, making it an ideal choice for consumers seeking premium storage options.
The second facility, situated at 591 N. Union Ave. in Hillside, New Jersey, spans approximately 111,600 net rentable square feet. With excellent visibility and accessibility and a daily traffic count of approximately 202,281 vehicles, this property benefits from its location near Garden State Highway. The six-story building offers a versatile mix of non-climate-controlled drive-up units and interior climate-controlled units. Additional amenities include two elevators and a covered loading bay, ensuring convenience for customers.
The two facilities sit in a densely populated submarket with an average three-mile population of approximately 266,000. The Clifton facility will serve the communities of Athenia, Passaic, Wallington, Rutherford, Delawanna, Nutley, Brookdale, Bloomfield, Montclair, Upper Montclair, Verona, Cedar Grove, Little Falls Township, and Totowa, while the Hillside facility will cater to neighborhoods of Millburn, Maplewood, Ivy Hill, Vailsburg, Irvington, Upper Clinton Hill, Weequahic, Dayton, Roselle Park, Roselle, Union, Springfield, and Vauxhall.
“The acquisition of these Class A facilities represents an additional step forward in our growth strategy to expand SmartStop’s footprint in major metropolitan markets,” said Wayne Johnson, President of SmartStop. “Their strategic locations, state-of-the-art features, and strong market fundamentals align with our commitment to providing exceptional storage solutions 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 525 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 January 7, 2025, SmartStop has an owned or managed portfolio of 211 operating properties in 22 states, the District of Columbia, and Canada, comprising approximately 151,000 units and 16.9 million rentable square feet. SmartStop and its affiliates own or manage 38 operating self-storage properties in Canada, which total approximately 32,900 units and 3.4 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
Nexus Industrial REIT Announces Fourth Quarter and Year-End 2024 Results Date, and January and February Distributions
TORONTO, Jan. 09, 2025 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today that it intends to release its financial results for the fourth quarter and year ended December 31, 2024, before the opening of the TSX on Monday, March 10, 2025. Management of the REIT will host a conference call… [Read More]
Nexus Industrial REIT Announces the Sale of Four Non-Core Industrial Buildings and Two Legacy Office Buildings
TORONTO, Jan. 09, 2025 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) is pleased to announce the sale of four non-core industrial buildings located in Saskatchewan and two legacy office buildings located in Quebec and New Brunswick (the “Properties”). “The sale of these non-core industrial document storage buildings and legacy office… [Read More]
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