TORONTO, Jan. 14, 2021 /CNW/ - Stoneway Capital Corporation ("Stoneway," and together with its subsidiaries and parent entities, the "Company") is in current negotiations with MSU Energy S.A. (together with its affiliates, "MSU") in...
TORONTO, Jan. 15, 2021 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today a $0.045 per Unit cash distribution to be paid on February 15, 2021 to Unitholders of record on January 31, 2021.
Summit II's amended and restated distribution reinvestment plan ("DRIP") provides residents of Canada the opportunity to elect to have their cash distributions reinvested in additional units of Summit II. Details about the DRIP and registration forms can be found on Summit II's website at www.summitIIreit.com or at www.sedar.com.
About SummitSummit Industrial Income REIT is an unincorporated open-end trust focused on growing and managing a portfolio of light industrial properties across Canada. Summit's units are listed on the TSX and trade under the symbol SMU.UN. For more information, please visit our web site at www.summitIIreit.com.
Caution Regarding Forward Looking Information This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends", "goal" and similar expressions are intended to identify forward-looking information or statements. More particularly and without limitation, this news release contains forward looking statements and information concerning the goal to build Summit's property portfolio. The forward-looking statements and information are based on certain key expectations and assumptions made by Summit, including general economic conditions. Although Summit believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Summit can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. These risks and uncertainties include, but are not limited to, tenant risks, current economic environment, environmental matters, general insured and uninsured risks and Summit being unable to obtain any required financing and approvals. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward looking information for anything other than its intended purpose. Summit undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE Summit Industrial Income REIT
ChipotleChipotle has introduced a Shawn Mendes Bowl in the latest fast food celebrity partnership.
The dish uses Chipotle's new cauliflower rice, launched this month to appeal to keto and low carb customers.
Celebrity partnerships have been a major success for other fast food chains, like McDonalds, in the last year.
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Chipotle is teaming up with singer Shawn Mendes on a burrito bowl to benefit the Shawn Mendes Foundation.
Customers can order the Shawn Mendes Bowl online or through the Chipotle app. The meal, which costs $12.20, consists of cilantro-lime "cauliflower rice, black beans, chicken, roasted chili-corn salsa, romaine lettuce, and guacamole. The cauliflower rice is a new addition this month, and for $2 per order it can be used in the place of white or brown rice.
Read more: How Dunkin' stole Starbucks' crown as king of social media in 2020 using TikTok stars, purple drinks, and coffee-scented candles
Chipotle says that for every Shawn Mendes Bowl sold between January 14 and January 28, it will donate $1 to the celebrity's foundation, which gives out grants to "empower young changemakers making an impact in sustainability."
Collaborating with young artists and creators became huge for fast food chains in 2020, so it's no surprise Chipotle is getting in on the trend. The deals helped brands connect with younger Gen Z customers, and often end up on social media and as TikTok trends.
Celebrity promotions aimed at young customers have been massively successful recently for McDonald's with the Travis Scott meal and Dunkin' with The Charli. Using Scott's name was enough for McDonald's around the country to start running out of burgers. The associated merchandise also sold out.
Subway, another fast food chain that operates with the same customizable assembly line approach as Chipotle, just introduced its own celebrity promotion featuring former NFL Pro-Bowler Marshawn Lynch and high protein options. Like Subway, McDonald's, and Dunkin', Chipotle's Shawn Mendes Bowl frames an already-existing menu option in connection with a celebrity, instead of actually adding to the menu. As Kate Taylor noted for Insider, these celebrity partnerships give brands the interest of a new menu item without the added costs and logistics of actually adding new ingredients.
