December 2022

PRESS RELEASE
For immediate distribution

Industrial real estate
ROSEFELLOW – Two major distribution centers to open in Pointe-Claire

Pointe-Claire, QC, December 13, 2022 – Rosefellow, a leading real estate development firm continues to grow amidst the design of a new, state-of-the art, $75 million facility, located on a prized 626,000 square-foot parcel of land in Pointe Claire, Quebec, which will house the Dormez-vous and Steve Madden distribution centers.

The 275,000 square foot building, which is jointly owned by Rosefellow, Skyline Industrial REIT, and FIT Ventures, combines storage space and offices located near the Trans-Canada Highway and Victor-Davis Avenue, and close to key essential services ranging from Montreal’s Pierre-Elliott-Trudeau International Airport and distribution centers operated by Canada Post, Fedex and UPS.

“The West Island hosts a booming, versatile, industrial sector. We are delighted to further help develop this territory and to offer customers facilities that are designed based on sustainable, innovative standards. We are honored with the trust and collaboration that renowned companies such as Dormez-vous and Steve Madden have placed in us,” said Mike Jager, Rosefellow’s co-founder and co-owner.

Sustainability and innovation
The ultramodern, eco-responsible facilities will include ventilation units equipped with energy recovery (85% efficiency) technology, a white roof designed to reduce heat islands, and trees that will be planted to provide shade in parking areas. Electric vehicle charging stations will be added alongside numerous green spaces foreseen in the plan. To reduce demolition residue, 88% of the materials will be integrated into the construction, including 550 tons of metal, 6,650 tons of concrete and 400 tons of bricks and asphalt. The fully-rented project will be formally delivered in the summer of 2023.

The new development will be located near the Trans-Canada Highway and Victor-Davis Avenue

Quotes
“We and thrilled to be part of this exciting new development that will bring together our Montreal regional locales into one state-of-the-art facility that will house our new head office, operations, and warehouse spaces which also provide us with capacity for future growth.  This bricks and mortar investment in critical infrastructure is a key component in our strategy for physical retail stores, on the ground, while improving productivity and logistics,” said Phil Besner, Dormez-vous’s Senior Vice-President of Business Development.

“We have been looking for many years for the perfect location to consolidate our warehousing and offices under one roof. Steve Madden Canada is delighted to partner with Rosefellow for this exciting project which will serve as our main distribution hub for all our stores and customer networks. The new building positions us perfectly for future growth initiatives,” said Jennifer Walewski, Steve Madden Canada’s president.

“Skyline is very pleased to welcome Dormez-Vous and Steve Madden as tenants to Pointe-Claire, QC. We are thrilled these exceptional companies have chosen our development for their newest distribution centers. We believe their choice highlights the quality of the assets that are being delivered under the REIT’s development pipeline partnership with Rosefellow and F.I.T. Ventures.” Said Mike Bonneveld, President, Skyline Industrial REIT.

“We are very proud to once again be part of a tremendous new project with Rosefellow and Skyline and have these great companies as our long-term tenants. We would like to thank both Steve Madden and Sleep Country for believing in the project and are very proud to have both of these great companies as our long-term tenants,” said Alexandre Leclerc, F.I.T Ventures Partner.

ABOUT ROSEFELLOW
Rosefellow, one of Montreal’s leading real estate development firms, has more than 24 million square feet of industrial and multi-residential projects under development in Quebec and Ontario. Rosefellow designs, builds, and manages buildings that prioritize continuous innovation in the field of sustainable development. The company is responsible for the recent completion of the Cent-Onze residential rental project in Saint-Laurent, Novelia in Anjou, as well as several industrial buildings in the Montreal region and in Ontario.

ABOUT SKYLINE INDUSTRIAL REIT
Skyline Industrial REIT (REIT) is a privately owned and managed commercial property portfolio that is focused on acquiring industrial and logistics properties along major highway corridors in Canada. Skyline Industrial REIT is distributed as an alternative investment product by Skyline Wealth Management Inc (Skyline Wealth), the REIT’s preferred exempt market dealer.

ABOUT F.I.T VENTURES
F.I.T. Ventures is a family office investment firm located in Montreal, Quebec. The firm oversees and manages a variety of investments focusing on private equity, real estate and public equities. The management team of the fund is comprised of professionals with extensive experience in supporting all aspects of M&A and corporate finance activities.

PRESS RELEASE
For immediate distribution

Close to $600,000 for Canadian charities
iA FINANCIAL GROUP CONGRATULATES THE WINNERS OF THE ANNUAL PHILANTHROPIC CONTEST

Quebec City, December 12, 2022 – iA Financial Group extends our congratulations to the charitable organizations Maison Lémerveil Suzanne Vachon in Quebec City (Quebec), the Table Soup Kitchen Foundation in Huntsville (Ontario), the Food Stash Foundation in Vancouver (British Columbia) and the Alzheimer Society (New Brunswick), that have each been awarded a grand prize donation of $105,000 in this 6th edition of our annual philanthropic contest. As competition was very tight, iA Financial Group will double the donation to the eight finalists by awarding them $20,000 each. In total, $580,000 in donations will be given to 12 Canadian charities.

“On behalf of iA Financial Group, I am proud and honoured to announce these major donations to charities that serve many Canadian communities. Each of these charities help people with disabilities, making a real difference in their lives. I want to thank the organizations that took part in the contest and congratulate the winners for their tremendous work. I also thank everyone who took the time to vote. Our annual philanthropic contest will be back next year, and I will once again invite Canadian charities to participate in large numbers.”, states Denis Ricard, President and CEO of iA Financial Group.

Remember that the winning charities are those that received the most votes from the Canadian public from among the twelve contest finalists. They each received a donation of $100,000. In addition to the $100,000 awarded to the winning organizations, iA Financial Group donated an additional $5,000 on behalf of its employees, who were called on to vote for their favourite projects from each region.

WINNING CHARITIES (from west to east)

• FOOD STASH FOUNDATION (VANCOUVER, B.C.)

Food Stash reduces food waste and food insecurity. We rescue over 80,000 pounds of surplus food per month (for example, imperfect produce and surplus dairy) from retailers, wholesalers, and farms. Food Stash delivers weekly customized boxes of healthy food to 110 food-insecure households with chronic illnesses and/or disabilities. It runs a “pay-what-you-feel” Rescued Food Market open to all, serving more than 100 people a week. It delivers food to 35 charitable partners collectively serving more than 14,000 people a week. A donation would go towards Rescued Food Box deliveries supporting food-insecure Vancouverites with disabilities and/or chronic illnesses that make it challenging to leave home.

• TABLE SOUP KITCHEN FOUNDATION (HUNTSVILLE, ONT.)

The Table Soup Kitchen Foundation’s mission is to serve the hurting, hungry, and homeless people in its community who are dealing with food insecurity, illness, disabilities, addictions, and chronic unemployment. It provides a weekly Food Bank, Soup Kitchen, Exchange Clothing and Household items store, and a Men’s Shelter. A donation would enable the Foundation to carry out work to make its establishment more accessible to people with reduced mobility.

• MAISON LÉMERVEIL SUZANNE VACHON (QUEBEC CITY, QUE.)

Maison Lémerveil Suzanne Vachon provides youths living with multiple disabilities and children with severe illnesses with respite care and pediatric palliative care throughout their life. A donation would help provide more specialized daytime respite and tailored activities for children with severe illnesses and youths with multiple and severe disabilities. The cash donation would also be used to support families so that members can pursue their professional life and take a well-deserved rest.

• ALZHEIMER SOCIETY (FREDERICTON, N.B.)

The Alzheimer Society’s mission is to alleviate the personal and social consequences of Alzheimer’s disease and related dementias through the provision of support, education, and advocacy and to promote the search for a cause and a cure. A donation would go towards creating dementia-friendly communities in New Brunswick, places where people living with dementia, their families, and care partners feel included and supported.

THE OTHER FINALISTS
The eight remaining finalists will each receive $20,000: the CNIB Foundation in Edmonton (ALTA.), the Children’s Rehabilitation Foundation (CRF) in Winnipeg (MAN.), Hydrocephalus Canada (HC) in Etobicoke (ONT.), March of Dimes Canada (MODC) in Toronto (ONT.), the Association québécoise des personnes aphasiques (AQPA) in Montreal (QUE.), L’Arche Lanaudière in Joliette (QUE.), Upper Valley Autism Resource Centre Inc. in Perth-Andover (N.B.) and LakeCity Works in Darmouth (N.S.).

Remember that over 200 charities that support people with disabilities* and their communities answered iA Financial Group’s call last September. A jury analyzed all the projects we received from across the country, and selected twelve finalists, which were submitted to the public vote. Participating charities were grouped into four major regions (Western Canada, Ontario, Quebec, and Atlantic Canada/the North) in order to guarantee a fairer distribution of donations across the country.