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TORONTO, April 27,
2023 /CNW/ - Flagship Communities Real Estate
Investment Trust (TSX: MHC.U) (TSX: MHC.UN) ("Flagship" or the
"REIT") today published its third Environmental, Social and
Governance ("ESG") Report (the "Report"). The Report highlights
Flagship's commitments to its unitholders, employees, and
communities through initiatives on renewable energy, education,
household amenities, and resident well-being.
"We are pleased to share our third annual ESG Report, as we
understand that delivering on our commitments to sustainability,
affordability, employee empowerment, and strong and transparent
governance will benefit our stakeholders," said Kurt Keeney, Chief Executive Officer. "At
Flagship, we believe that a dedicated focus on ESG will translate
into strong performance for our unitholders and a great quality of
life for our residents."
The Report contains standard disclosures from the Global
Reporting Initiative ("GRI") Sustainability Reporting Standards,
prepared largely in accordance with the Core option and considers
the reporting framework outlined by the Sustainability Accounting
Standards Board ("SASB"). The Report includes details on Flagship's
water conservation and renewable energy solar programs, its
diversified staff and Board of Trustees, as well as its corporate
governance structure.
The report can be found on the REIT's website at
https://flagshipcommunities.com/investor-relations/sustainability-report/.
Flagship was the recent recipient of three of the Manufactured
Housing Institute's ("MHI") highest awards for excellence in
manufactured housing at the 2023 MHI Congress & Expo. In 2022,
Flagship was the recipient of the Kentucky MHI's highest award for
Community of the Year for the Suburban Pointe community, which
offers a full range of amenities for its residents to improve their
quality of life. The REIT was also named the Land-Lease Community
of the Year – East: Waterford Pointe by the national Manufactured
Housing Institute for their efforts in restoring the community
following a devastating tornado.
About Flagship Communities Real
Estate Investment Trust
Flagship Communities Real Estate Investment Trust is an
internally managed, unincorporated, open-ended real estate
investment trust established pursuant to a declaration of trust
under the laws of the Province of Ontario. The REIT has been formed to own and
operate a portfolio of income-producing manufactured housing
communities located in Kentucky,
Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured
homes for lease to residents of such housing communities.
SOURCE Flagship Communities Real Estate Investment Trust
