Day: September 17, 2024

This news release constitutes a “designated news release” for the purposes of CAPREIT’s prospectus supplement dated February 22, 2024, to its short form base shelf prospectus dated May 9, 2023. TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that certain subsidiaries of European Residential Real Estate Investment Trust (TSX:ERE.UN) (“ERES”) have entered into agreements to sell 3,179 residential suites in the Netherlands (the “Residential Dispositions”) and have closed on the disposition of one commercial building in Germany for aggregate proceeds, net of certain adjustments, of approximately $1.1 billion. Amounts disclosed herein exclude transaction costs and other customary adjustments, and are presented in Canadian dollars based on...

TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN) (“ERES” or the “REIT”) announced today the following transactions (all amounts disclosed herein exclude transaction costs and other customary adjustments):ERES Limited Partnership (“ERES LP”) and certain other subsidiaries of ERES have entered into an agreement (the “Disposition Agreement”) with an entity owned by a consortium of parties that includes TPG Angelo Gordon, Dream Unlimited Corporation, Stadium Capital Partners, and several co-investment partners (the “Purchaser”), to sell certain entities owning 2,947 residential suites in the Netherlands for proceeds, net of certain estimated adjustments, of approximately €695 million (“Residential Disposition I”). Certain other subsidiaries of ERES have entered into a separate...

LIBERTY LAKE, Wash., Sept. 16, 2024 (GLOBE NEWSWIRE) — Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, today announced its participation in the Indonesia International Smart City Expo & Forum (IISMEX), taking place Sept. 18 -20, 2024 at the JIExpo Kemayoran in Jakarta, Indonesia. Itron will showcase its smart city solutions at Itron booth B19 with an emphasis on its latest smart lighting, smart city and smart water solutions. Itron supports cities across Indonesia and helps create integrated, sustainable and innovative smart cities. To ensure Itron’s smart city solutions are designed to meet the requirements of TKDN and all other local requirements, Itron has a manufacturing plant in Cikarang, PT. Mecoindo and channel partners throughout Indonesia. Itron will demonstrate...