• 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

Allied to Sell UDC Portfolio to KDDI Corporation for $1.35 Billion

June 21, 2023 By Globenewswire Tagged With: TSX:AP.UN

Leading Canadian Provider of Distinctive Urban Workspace Reaffirms Mission and Maintains Commitment to Balance Sheet This news release constitutes a “designated news release” for the purposes of Allied’s prospectus supplement dated November 12, 2021, to its short form base shelf prospectus dated June 2, 2021, as amended on November 11, 2021. TORONTO, June 21, 2023… [Read More]

e-Emphasys Makes New Investments in Customer Success to Support Clients’ Business Objectives

June 21, 2023 By Business Wire

The company doubles down on its commitment to exceptional client experiences with organizational alignment around new people, processes and technologies

CARY, N.C.–(BUSINESS WIRE)–e-Emphasys Technologies Inc., a global enterprise software provider for the heavy equipment and industrial machinery industry, today announced a series of new investments to bolster ongoing customer advocacy, engagement and training to maximize ROI. In addition to recently naming Marc Tedeschi as Vice President of Customer Success, the company has added other new team members with decades of industry expertise to the department. e-Emphasys also has adopted a brand-centric strategy to build dealer communities and deployed new customer service and project management tools for best practices in meeting client needs.

“We exist to support our clients in helping to literally build and deliver tangible value across the globe, so we want to invest in the best people, processes and technologies to remove friction and support their success,” said Jeff Hart, President and CEO of e-Emphasys. “A one-size-fits-all approach doesn’t work in customer service and support because each client has its own benchmark for success. We’re dedicated to helping every client be more efficient and profitable by providing the right technology and associated services to remove their pain points and be prepared to address both future challenges and opportunities.”

e-Emphasys has made the following investments to ensure client success:

  • Addition of new team members with decades of dealership and technology experience, bringing the global Customer Success team to nearly 20. Another 90 associates provide customer service and support from global support centers, with the primary one located in its Cary headquarters.
  • Expansion of dealer community groups with a tailored approach to OEM/equipment brand dealerships that promotes best practices and deeper product adoption and optimized use.
  • The launch of new software that provides an overall health score for each client, so team members have real-time insight into each engagement and receive actionable alerts to address needs quickly.
  • Implementation of a new CRM system for information about client satisfaction, product design, user experience and functionality improvements.

“Whenever we engage with a new or existing customer, we work to understand what each of their finish lines looks like, and most important, we know how to get them across smoothly,” said Tedeschi. “Greater access to our own critical data intelligence shows us ways to improve each unique customer experience. New tools and opportunities to meaningfully engage will strengthen every client relationship, so we’re always viewed as a trusted partner in realizing their key objectives.”

Now with two industry-leading software suites supporting more than 4,200 rooftops, e-Emphasys will host individual user conferences to best serve each customer base. The Evolve User Conference for those with e-Emphasys ERP will be held Sept. 11-14 in Nashville, Tenn. The IntelliDealer user conference will be held in early 2024 and will be announced once the dates and location are confirmed. These events are opportunities for clients to discuss the state of the industry and specific vertical concerns, learn from their peers, gain knowledge about best practices, and see how to maximize use of their systems to produce the desired business results.

About e-Emphasys Technologies

e-Emphasys Technologies Inc. is a global provider of enterprise software for the heavy equipment and industrial machinery industry. Our market-leading solutions, e-Emphasys ERP and IntelliDealer, offer dealerships and rental companies across agriculture, construction, heavy truck and material handling modern information technology to optimize their business operations. Designed to meet the needs of these specific clients, our software platforms increase efficiency, customer satisfaction and profitability. We’re proud to deliver innovations that ultimately equip the world to run every day. Learn more at www.e-emphasys.com or follow us on LinkedIn.

Contacts

Media Contact:
Lisa Williams

press@e-emhasys.com
+1 339. 788. 0067

InterRent REIT Announces June 2023 Distributions

June 20, 2023 By Business Wire

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of June 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about July 17, 2023, to unitholders of record on June 30, 2023.

About InterRent

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

InterRent’s strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure, and offer opportunities for accretive acquisitions.

InterRent’s primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Investor Relations

investorinfo@interrentreit.com
www.interrentreit.com

Linesight Expands reach into Canada with new Vancouver office

June 19, 2023 By Business Wire

VANCOUVER, British Columbia–(BUSINESS WIRE)–Global construction consultancy firm Linesight today announced the official opening of its Vancouver office to support its growing client base in the region in key sectors including data centers, life sciences, high-tech industrial and manufacturing.

Linesight is an industry leader in the delivery of construction consultancy services to data centers, and has completed more than 408 projects in 30 countries across six continents, valued at more than $76 billion globally. Data center providers the world over engage with Linesight because of its deep knowledge and expertise in the sector. Linesight is currently supporting a number of significant data center projects in the region and advising on a revolutionary carbon-neutral distillery project in Ontario.

“It was essential for us to have a hub for multi-sectoral work in Canada to support our extensive business growth in this region, and Vancouver offered everything we needed in terms of location, talent pool, and infrastructure,” said Padraig Leahy, Director at Linesight.

Linesight’s expansion is timely with a general positive outlook for the construction sector in Canada. Forecasts indicate that the Canadian industrial construction sector will grow by 14.9% in 2023. As the national government works to establish Canada as an industrial hub, investment in and permits for construction have been on the rise. Investors and policy leaders have also contributed to expected growth in life sciences construction.

The Vancouver office will be headed up by Jonathan Scully-Lane, an experienced leader with deep sectoral experience. Jonathan has previously held roles as a Quantity Surveyor, Commercial Manager, Contracts Manager, and Cost Manager, with expertise in cost planning, cost reporting, and procurement.

“I’m excited to move back to Vancouver, where I previously made my home for five years. My family loves this city and our team in British Columbia is ready to spearhead the Linesight push into Canada. I’m looking forward to building on the relationships established from my previous time in Vancouver to further Linesight’s position as a global leader,” said Scully-Lane.

About Linesight

Linesight is a multinational consultancy firm with over 45 years’ experience, providing cost, schedule, program, and project management services to a multitude of sectors including Life Sciences, Commercial, Data Centers, High-Tech Industrial, Residential, Hospitality, Healthcare, and Retail. Linesight’s specialist project teams, each with specific skills and experience, provide faster project delivery, greater cost efficiency, and maximum value for money for their clients. For further information, please visit http://www.linesight.com.

Contacts

For Linesight
Cameron Thomas

Media Relations on behalf of Linesight Americas

(416) 660-9801

cameron@verbfactory.com

Nexus Industrial REIT Acquires a 305,000 Square Foot Distribution Facility in London Ontario and Announces Q2 2023 Results Date and June and July Distributions

June 16, 2023 By Globenewswire Tagged With: TSX:NXR-UN.TO

TORONTO, June 16, 2023 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today that has completed the previously announced purchase of an industrial property in London Ontario. The REIT acquired an approximately 305,000 square foot single-tenant distribution facility in London Ontario. The property includes a brand new approximately 160,000 square foot expansion… [Read More]

SmartCentres Declares Distribution for June 2023

June 16, 2023 By Globenewswire Tagged With: TSX:SRU.UN

TORONTO, June 16, 2023 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of June 2023 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on July… [Read More]

European Residential Real Estate Investment Trust Announces Strategic Review

June 16, 2023 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, June 16, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN) (“ERES”) announced that it is working with CBRE, as financial and real estate advisor, to advise it in connection with a strategic review of ERES. ERES has not established a definitive timeline to complete the strategic review or any transaction… [Read More]

Slate Grocery REIT Announces Distribution for the Month of June 2023

June 16, 2023 By Business Wire

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 June 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 July 17, 2023 to unitholders of record as of the close of business on June 30, 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

ERES REIT Declares June 2023 Monthly Distribution

June 15, 2023 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the June 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “June Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]

CAPREIT Announces June 2023 Distribution

June 15, 2023 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its June 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The June distribution will be payable on July 17, 2023 to Unitholders of record on June 30, 2023…. [Read More]

RioCan Real Estate Investment Trust Announces June 2023 Distribution

June 15, 2023 By Globenewswire Tagged With: TSX:REI.UN

TORONTO, Ontario, June 15, 2023 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9 cents per unit for the month of June. The distribution will be payable on July 10, 2023 to unitholders of record as at June 30, 2023. About RioCanRioCan is one of Canada’s largest… [Read More]

StorageVault Announces Quarterly Dividend for Q2 2023

June 15, 2023 By Globenewswire Tagged With: TSX:SVI

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) announced today that a quarterly dividend of $0.002845 per common share (“Common Share”) will be payable on July 17, 2023 to shareholders of record on June 30, 2023, with an ex-dividend date of June 29, 2023. This dividend has been… [Read More]

  • « Previous Page
  • 1
  • …
  • 95
  • 96
  • 97
  • 98
  • 99
  • …
  • 1132
  • 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