Latest news with #AnneFitzgerald
National Post
a day ago
- Business
- National Post
Primaris REIT Publishes Inaugural Green Finance Framework
Article content TORONTO — Primaris Real Estate Investment Trust ('Primaris') (TSX: announced today that it has published its inaugural Green Finance Framework (the 'Framework'), under which it may issue green bonds, green loans or other related financial instruments. The framework outlines eight eligible categories for investment: green buildings, energy efficiency, renewable energy, sustainable water and wastewater management, clean transportation, climate change adaptation, pollution prevention and control, and the circular economy. Article content 'As a Board member and Chair of the Compensation, Governance, and Nominating Committee, I'm pleased to support the introduction of our Green Finance Framework,' said Anne Fitzgerald, Trustee. 'It's a practical step that aligns with our broader sustainability strategy and helps ensure we're investing in projects that support environmental progress in a thoughtful, responsible way.' Article content Rags Davloor, Chief Financial Officer added, 'Today marks a significant step forward in our commitment to sustainability. With the publication of our Green Finance Framework, we are aligning our environmental goals and targets with business strategy. Proceeds from green financing will support our focus on emissions reduction, building certifications, energy and water management, and tenant sustainability impacts, while creating long-term value for our stakeholders.' Article content The Framework has been reviewed by Moody's Ratings, which issued a Second Party Opinion confirming the Framework's alignment to the International Capital Market Association Green Bond Principles (2021) and the Loan Market Association Green Loan Principles (2025). Article content Primaris will report annually on the allocation and impact of financed projects under the Framework on its website, and/or in its corporate reporting. The Framework and Second Party Opinion are available on the ESG section of the Primaris website. Article content Scotiabank acted as sole sustainability structuring agent on the Framework. Article content About Primaris Real Estate Investment Trust Article content Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 15.0 million square feet, valued at approximately $4.9 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape. Article content Forward-Looking Statements Article content Certain statements included in this news release constitute 'forward-looking information' or 'forward-looking statements' within the meaning of applicable securities laws. The words 'will', 'expects', 'plans', 'estimates', 'intends' and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Specific forward-looking statements made or implied in this news release include but are not limited to statements regarding: Primaris' intention and ability to complete an offering of green bonds, green loans or other related financial instruments, Primaris' expected investment in the eligible categories outlined herein and the expected sufficiency of proceeds from any such offering to fund these investments and to create long-term value for stakeholders. Forward-looking statements are provided for the purpose of presenting information about management's current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. These statements are not guarantees of future performance and are based on estimates and assumptions that are inherently subject to risks and uncertainties. Primaris cautions that although it is believed that the assumptions are reasonable in the circumstances, actual results, performance or achievements of Primaris may differ materially from the expectations set out in the forward-looking statements. Material risk factors and assumptions include those set out in Primaris' management's discussion and analysis for the three months and years ended December 31, 2024 and 2023, which is available on SEDAR+, and in Primaris' other materials filed with the Canadian securities regulatory authorities from time to time. Given these risks, undue reliance should not be placed on these forward-looking statements, which apply only as of their dates. Other than as specifically required by law, Primaris undertakes no obligation to update any forward-looking statements to reflect new information, subsequent or otherwise. Article content Article content Article content Article content Article content Contacts Article content Alex Avery Chief Executive Officer 416-642-7837 aavery@ Article content Rags Davloor Chief Financial Officer 416-645-3716 rdavloor@
Business Wire
a day ago
- Business
- Business Wire
Primaris REIT Publishes Inaugural Green Finance Framework
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust ("Primaris") (TSX: announced today that it has published its inaugural Green Finance Framework (the 'Framework'), under which it may issue green bonds, green loans or other related financial instruments. The framework outlines eight eligible categories for investment: green buildings, energy efficiency, renewable energy, sustainable water and wastewater management, clean transportation, climate change adaptation, pollution prevention and control, and the circular economy. "As a Board member and Chair of the Compensation, Governance, and Nominating Committee, I'm pleased to support the introduction of our Green Finance Framework,' said Anne Fitzgerald, Trustee. 'It's a practical step that aligns with our broader sustainability strategy and helps ensure we're investing in projects that support environmental progress in a thoughtful, responsible way." Rags Davloor, Chief Financial Officer added, "Today marks a significant step forward in our commitment to sustainability. With the publication of our Green Finance Framework, we are aligning our environmental goals and targets with business strategy. Proceeds from green financing will support our focus on emissions reduction, building certifications, energy and water management, and tenant sustainability impacts, while creating long-term value for our stakeholders." The Framework has been reviewed by Moody's Ratings, which issued a Second Party Opinion confirming the Framework's alignment to the International Capital Market Association Green Bond Principles (2021) and the Loan Market Association Green Loan Principles (2025). Primaris will report annually on the allocation and impact of financed projects under the Framework on its website, and/or in its corporate reporting. The Framework and Second Party Opinion are available on the ESG section of the Primaris website. Advisor Scotiabank acted as sole sustainability structuring agent on the Framework. About Primaris Real Estate Investment Trust Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 15.0 million square feet, valued at approximately $4.9 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape. Forward-Looking Statements Certain statements included in this news release constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities laws. The words "will", "expects", "plans", "estimates", "intends" and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Specific forward-looking statements made or implied in this news release include but are not limited to statements regarding: Primaris' intention and ability to complete an offering of green bonds, green loans or other related financial instruments, Primaris' expected investment in the eligible categories outlined herein and the expected sufficiency of proceeds from any such offering to fund these investments and to create long-term value for stakeholders. Forward-looking statements are provided for the purpose of presenting information about management's current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. These statements are not guarantees of future performance and are based on estimates and assumptions that are inherently subject to risks and uncertainties. Primaris cautions that although it is believed that the assumptions are reasonable in the circumstances, actual results, performance or achievements of Primaris may differ materially from the expectations set out in the forward-looking statements. Material risk factors and assumptions include those set out in Primaris' management's discussion and analysis for the three months and years ended December 31, 2024 and 2023, which is available on SEDAR+, and in Primaris' other materials filed with the Canadian securities regulatory authorities from time to time. Given these risks, undue reliance should not be placed on these forward-looking statements, which apply only as of their dates. Other than as specifically required by law, Primaris undertakes no obligation to update any forward-looking statements to reflect new information, subsequent or otherwise. For more information:
CTV News
7 days ago
- Climate
- CTV News
Edmonton students hold lemonade stand to support families in need
Students from Anne Fitzgerald Catholic Elementary School spent Saturday collecting food donations for families in need. This is the second year the school has held a lemonade stand to collect food donations to help fight food insecurity in their community. 'They thought it would be a great way to bring in some food donations, have a fun day with the community and then create food hampers that could help support some of our families over the summer months,' said Anne Fitzgerald principal Susanna Nigro. Nigro said the event teaches the kids important organizational skills and how to be a good citizen. The cool, wet weather prompted a slight shift in plans, but Nigro said it didn't dampen spirits. 'If anything, it's given them a little bit of extra energy today,' she said. 'Didn't phase them at all … it's a really beautiful event for them.' Anyone who would like to make a donation can email
National Post
01-05-2025
- Business
- National Post
Primaris REIT Announces 2025 Annual General Meeting Voting Results
Article content TORONTO — Primaris Real Estate Investment Trust (' Primaris ' or the ' Trust ') (TSX: announced today that each of the trustee nominees listed in the management information circular of Primaris dated April 1, 2025 (the 'Circular') were elected as trustees of the Trust at the annual general meeting of unitholders held May 1, 2025 (the 'Meeting'). Voting results for the individual trustees of the Trust are as follows: Article content Article content Number of Units Voted For Percentage of Units Voted For Number of Units Withheld for Voting Percentage of Units Withheld from Voting Avtar Bains 71,858,852 98.95 % 765,950 1.05 % Anne Fitzgerald 71,297,018 98.17 % 1,327,782 1.83 % Louis Forbes 71,134,625 97.95 % 1,490,175 2.05 % Timothy Pire 71,847,350 98.93 % 777,452 1.07 % Patrick Sullivan 71,853,152 98.94 % 771,650 1.06 % Deborah Weinswig 71,806,085 98.87 % 818,715 1.13 % Article content In addition, Primaris is pleased to announce that the non-binding advisory resolution on the Trust's approach to executive compensation, as set out in the Circular, was approved by 98.46% of the votes, the resolution to re-appoint KPMG LLP as the auditors of the Trust for the ensuing year and authorizing the trustees to fix the remuneration to be paid to the auditors was approved by 99.85% of the votes and the resolution to make certain amendments to the REIT's Incentive Unit Plan, as set out in the Circular, were approved by 98.81% of the votes. Article content Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The portfolio totals 14.2 million square feet, valued at approximately $4.5 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape. Article content Article content Article content Contacts Article content Alex Avery Chief Executive Officer 416-642-7837 aavery@ Article content Rags Davloor Chief Financial Officer 416-645-3716 rdavloor@ Article content Article content
Yahoo
01-05-2025
- Business
- Yahoo
Primaris REIT Announces 2025 Annual General Meeting Voting Results
TORONTO, May 01, 2025--(BUSINESS WIRE)--Primaris Real Estate Investment Trust ("Primaris" or the "Trust") (TSX: announced today that each of the trustee nominees listed in the management information circular of Primaris dated April 1, 2025 (the "Circular") were elected as trustees of the Trust at the annual general meeting of unitholders held May 1, 2025 (the "Meeting"). Voting results for the individual trustees of the Trust are as follows: Number of Units Voted For Percentage of Units Voted For Number of Units Withheld for Voting Percentage of Units Withheld from Voting Avtar Bains 71,858,852 98.95 % 765,950 1.05 % Anne Fitzgerald 71,297,018 98.17 % 1,327,782 1.83 % Louis Forbes 71,134,625 97.95 % 1,490,175 2.05 % Timothy Pire 71,847,350 98.93 % 777,452 1.07 % Patrick Sullivan 71,853,152 98.94 % 771,650 1.06 % Deborah Weinswig 71,806,085 98.87 % 818,715 1.13 % In addition, Primaris is pleased to announce that the non-binding advisory resolution on the Trust's approach to executive compensation, as set out in the Circular, was approved by 98.46% of the votes, the resolution to re-appoint KPMG LLP as the auditors of the Trust for the ensuing year and authorizing the trustees to fix the remuneration to be paid to the auditors was approved by 99.85% of the votes and the resolution to make certain amendments to the REIT's Incentive Unit Plan, as set out in the Circular, were approved by 98.81% of the votes. About Primaris Real Estate Investment Trust Primaris is Canada's only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The portfolio totals 14.2 million square feet, valued at approximately $4.5 billion at Primaris' share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape. For more information: TSX: View source version on Contacts Alex AveryChief Executive Officer416-642-7837aavery@ Rags DavloorChief Financial Officer416-645-3716rdavloor@ Claire MahaneyVP, Investor Relations & ESG647-949-3093cmahaney@ Timothy PireChair of the Boardchair@ Sign in to access your portfolio
