Lease

Regency Centers Adopts New Spacewise Platform for Specialty Leasing

Retrieved on: 
Tuesday, March 26, 2024

TORONTO, March 26, 2024 /PRNewswire-PRWeb/ -- Spacewise, the company that pioneered a visionary new software platform to help retailers and brands find and book spaces for short-term lease at consumer-facing properties throughout Europe, has come to the United States with an agreement to provide its proprietary Spacewise Suite® and Marketplace solutions at select premier properties of Regency Centers, the companies announced today.

Key Points: 
  • However, traditional specialty leasing requires time-consuming effort to vet short-term tenants, negotiate leases, collect payment and process renewals, limiting ROI.
  • Spacewise's innovative and proprietary platform, created for specialty leasing teams, allows owner/operators to ramp up the leasing process and manage short-term and pop-up deals in one, easy-to-use online platform, said Brennan Wilkie, COO and president, Americas for Spacewise.
  • "Our technology improves the economic model for specialty leasing, creating new revenue opportunities while adding margin by reducing the cost and time to close deals.
  • Short-term leasing provides an opportunity for brands to be first to market," said Jan Hanak, vice president, marketing and communications at Regency Centers.

Biofactura, Inc. Expands presence at Riverside Tech Park in Frederick, Maryland to 17,520 Square Feet

Retrieved on: 
Wednesday, March 20, 2024

FREDERICK, Md., March 20, 2024 /PRNewswire-PRWeb/ -- BioFactura, Inc. has signed a lease with St. John Properties, Inc. for 12,000 square feet of space at Riverside Tech Park, a 70-acre business community located in Frederick, Maryland. The biotechnology firm has occupied 5,520 square feet of space at 8435 Progress Drive in Riverside Technology Park since 2015 and this new requirement expands the company's presence to 17,520 square feet of space within the building. Danny Foit, Leasing Representative for St. John Properties represented the landlord.

Key Points: 
  • The biotechnology firm has occupied 5,520 square feet of space at 8435 Progress Drive in Riverside Technology Park since 2015 and this new requirement expands the company's presence to 17,520 square feet of space within the building.
  • "Riverside Tech Park is a well-designed and strategically-located business community," Dr. Hausfeld added.
  • BioFactura's product has the potential to prepare, augment current countermeasures and guard against a possible smallpox breakout on a global scale.
  • BioFactura relocated in 2015 with the initial 5,520 square foot facility at Riverside Tech Park.

Obligo Wins "Open Banking Innovation Award" in 2024 FinTech Breakthrough Awards

Retrieved on: 
Thursday, March 14, 2024

NEW YORK, March 14, 2024 /PRNewswire/ -- Obligo, the fintech company that powers the rental experience of the future and builds trust between renters and landlords through financial technology, has been selected as winner of the "Open Banking Innovation Award" in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Key Points: 
  • NEW YORK, March 14, 2024 /PRNewswire/ -- Obligo , the fintech company that powers the rental experience of the future and builds trust between renters and landlords through financial technology, has been selected as winner of the "Open Banking Innovation Award" in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.
  • Obligo provides landlords and property managers the ability to maintain full protection, lower their overhead, and offer an appealing amenity for renters.
  • As the industry's deposit-free software partner of choice, Obligo can be easily embedded in property management and financial services software.
  • We're thrilled to recognize Obligo as our 2024 'Open Banking Innovation Award' winner."

Christina Lake Cannabis Provides Operations Update

Retrieved on: 
Tuesday, March 12, 2024

VANCOUVER, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT:CLB), (the "Company" or "Christina Lake Cannabis" or "CLC"), a leading producer of high quality extracts and sun grown cannabis, is pleased to announce following its acquisition of outdoor cultivation facilities in Midway, British Columbia, which closed in February 2024, it has entered into a lease agreement to acquire new harvesting equipment (the "Equipment") to address both the expanded cultivation footprint and growing demand for its products (the "Lease Agreement").

Key Points: 
  • VANCOUVER, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT:CLB), (the "Company" or "Christina Lake Cannabis" or "CLC"), a leading producer of high quality extracts and sun grown cannabis, is pleased to announce following its acquisition of outdoor cultivation facilities in Midway, British Columbia, which closed in February 2024, it has entered into a lease agreement to acquire new harvesting equipment (the "Equipment") to address both the expanded cultivation footprint and growing demand for its products (the "Lease Agreement").
  • The Lease Agreement is for a term of 36 months beginning on September 1, 2024 (the "Term"), following the delivery of the Equipment to the Company.
  • The Lease Agreement is between CLC and an entity 50% owned by a director of the Company.
  • The Company’s independent board of directors reviewed and approved the Lease Agreement.

NJ Waterproofing Company Praises New Flood Risk Law That Takes Effect March 20

Retrieved on: 
Thursday, March 7, 2024

Beginning March 20, landlords and real property sellers must reveal whether their property is in FEMA’s special flood hazard area or moderate flood hazard area.

Key Points: 
  • Beginning March 20, landlords and real property sellers must reveal whether their property is in FEMA’s special flood hazard area or moderate flood hazard area.
  • According to the waterproofing experts at BSMT Waterproofing in Basking Ridge, the law is long overdue.
  • “We’re very satisfied that the new law was passed,” said Marion Yates, BSMT Waterproofing co-founder.
  • According to Yates, basement waterproofing is an absolute must for mitigating and preventing costly flood damage.

Xanadu Mines Ltd (ASX Code: XAM) Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

Retrieved on: 
Wednesday, March 6, 2024

Xanadu Mines advises that on 4 March 2024, it issued 15,185,328 fully paid ordinary shares at a price of $0.055 per share, to Jinping (Singapore) Mining Pte Ltd (a wholly owned indirect subsidiary of Zijin Group Mining Co. Ltd) pursuant to a Share subscription agreement signed on 8 December 2023 (New Shares).

Key Points: 
  • Xanadu Mines advises that on 4 March 2024, it issued 15,185,328 fully paid ordinary shares at a price of $0.055 per share, to Jinping (Singapore) Mining Pte Ltd (a wholly owned indirect subsidiary of Zijin Group Mining Co. Ltd) pursuant to a Share subscription agreement signed on 8 December 2023 (New Shares).
  • the New Shares were issued without disclosure under Part 6D.2 of the Act;
    this notice is being given under section 708A(5)(e) of the Act;
    as at the date of this notice, Xanadu Mines has complied with:
    the provisions of Chapter 2M of the Act as they apply to Xanadu Mines; and
    sections 674 and 674A of the Act as they apply to Xanadu Mines; and
    as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) or 708A(8) of the Act that is required to be set out in this notice.
  • The Company intends to rely on the exemption in section 602.1 of the TSX Company Manual in respect of the Placement as an Eligible Interlisted Issuer.

Yoshitsu Co., Ltd.’s Subsidiary REIWATAKIYA LV LLC Enters into a Lease Agreement with Fashion Show Mall LLC to Expand Market Presence in the U.S. Market

Retrieved on: 
Tuesday, March 5, 2024

The move is expected to expand the Company’s operational network in the U.S. market and strengthen its market presence.

Key Points: 
  • The move is expected to expand the Company’s operational network in the U.S. market and strengthen its market presence.
  • The official opening date of the store is scheduled to be October 1, 2024.
  • Mr. Mei Kanayama, the Principal Executive Officer of Yoshitsu, commented, “We are excited to share with you the upcoming opening of our new Las Vegas store, a significant step made possible through our recent Lease with Fashion Show Mall LLC.
  • We are optimistic that this international expansion will inject new energy into our growth and development.”

SBM Offshore Full Year 2023 Earnings

Retrieved on: 
Thursday, February 29, 2024

As of December 31, 2023 SBM Offshore outperformed with the actual being 1.18 mmscft/d, which is 17% lower compared with 2022.

Key Points: 
  • As of December 31, 2023 SBM Offshore outperformed with the actual being 1.18 mmscft/d, which is 17% lower compared with 2022.
  • Floating offshore wind – SBM Offshore has installed its first commercial pilot project in floating offshore wind.
  • SBM Offshore has scheduled a conference call together with a webcast, which will be followed by a Q&A session, to discuss the Full Year 2024 Earnings release.
  • SBM Offshore designs, builds, installs and operates offshore floating facilities for the offshore energy industry.

Canadian GoldCamps Enters into LOI to Acquire up to 70% interest in Murphy Lake Property located in the Athabasca Basin, Saskatchewan

Retrieved on: 
Monday, February 26, 2024

The Property is located in the north-eastern corner of the Athabasca Basin, 30 km north-west of Orano's McLean Lake deposits, 5 km south of ISOEnergy's Hurricane Uranium Deposit and covers approximately 6.1 square kilometers of land.

Key Points: 
  • The Property is located in the north-eastern corner of the Athabasca Basin, 30 km north-west of Orano's McLean Lake deposits, 5 km south of ISOEnergy's Hurricane Uranium Deposit and covers approximately 6.1 square kilometers of land.
  • Upon the Company earning a 50% interest in the Property, both parties agree to participate in a joint venture for the further exploration and development of the Property, and, if deemed warranted, to bring the Property or a portion thereof into commercial production by establishing and operating a mine.
  • Upon the Company exercising the option, F4 shall receive a 2% net smelter royalty (“NSR Royalty”), provided that the Company shall be responsible only for the percentage of the NSR Royalty equal to its percentage interest in the Property.
  • Therefore, if the Company obtains the initial 50% interest, it shall be responsible for 50% of the NSR Royalty; and if the Company obtains the full 70% interest, it shall be responsible for 70% of the NSR Royalty.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Monday, February 26, 2024

WASHINGTON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for January was $9.3 billion, up 6% year-over-year from new business volume in January 2023.

Key Points: 
  • WASHINGTON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for January was $9.3 billion, up 6% year-over-year from new business volume in January 2023.
  • Receivables over 30 days were 2.3%, unchanged from the previous month and up from 1.9% in the same period in 2023.
  • Separately, the Equipment Leasing & Finance Foundation’s Monthly Confidence Index (MCI-EFI) in February is 51.7, an increase from the January index of 48.6.
  • It’s especially encouraging to kick off in positive territory since equipment investment—the lifeblood of the equipment finance industry—is forecast to pick up in the second half of the year.