Christie’s International Real Estate Eyes Growth in Australia Behind Leading Luxury Brokers

Darren Curtis and Sean Cussell, who currently hold more than two dozen area price records between them, look to capture a larger share of Australia’s growing high-end market in New South Wales, Queensland and Victoria

CHICAGO, May 24, 2023 (GLOBE NEWSWIRE) — Two of Australia’s top luxury real estate brokers, Darren Curtis and Sean Cussell, have renewed and extended their partnership with the Christie’s International Real Estate global luxury real estate brand in a bid to capitalize on the nation’s growing high-end property market and increased demand from foreign investors. The two entrepreneurs own separate but strategically aligned brokerage firms, which have rebranded under the Christie’s International Real Estate name to better reflect their affiliation with the network. Previously, they were known as Prestige Homes of Australia.

Curtis owns Christie’s International Real Estate Sydney, which serves New South Wales. He is also expanding his territory to introduce the Christie’s International Real Estate brand in the state of Queensland. Meanwhile, Cussell runs Christie’s International Real Estate Victoria, based in South Yarra and primarily focused on greater Melbourne.

Both gentlemen are responsible for selling some of Australia’s highest-priced homes and, between them, currently hold price records for the top residential sale in 26 separate neighborhoods. Cussell recently sold an AUD $30 million penthouse in one of Melbourne’s Bayside suburbs, as well as an AUD $8.2 million estate in the Melbourne suburb of Wonga Park, a record for that municipality. Curtis recently sold a waterfront property for AUD $13.5 million that set the sales record in the Sydney suburb of Greenwich, as well as an AUD $11.5 million, 11-acre estate just outside of Sydney.

As exclusive affiliates of Christie’s International Real Estate, the brokerages benefit from industry-leading marketing and technology, national and international exposure for listings, and a connection to the iconic Christie’s auction house, for the referral of art and luxury goods.

“Australia has really emerged as a luxury destination on the world stage, and the global brand recognition of Christie’s International Real Estate is very important for our clients in this environment. We’re looking to build on the trust and familiarity with the brand as our high-end market grows broader and deeper,” said Curtis.

“Christie’s International Real Estate’s ability to align luxury sellers and purchasers, both in Australia and the world over, is unparalleled,” added Cussell. “I’m excited to continue my partnership with Christie’s International Real Estate and take advantage of the brand’s expanding network and marketing programs to deliver an even higher level of service for my clients.”

Like luxury real estate markets around the world, Australia is currently experiencing limited supply and strong demand from high-net-worth individuals seeking a safe harbor from inflation and stock-market volatility. Additionally, the recent lifting of more stringent and longstanding pandemic restrictions in Asia-Pacific countries including Hong Kong, Singapore, Thailand, and China, has created a flood of new interest from international buyers.

Curtis and Cussell note that many buyers from APAC first become acquainted with the Christie’s International Real Estate brand through Christie’s auction house, which has seen incredible growth in the region. According to Christie’s, APAC contributed 26% of total global auction sales in 2022band bought value in the region was at its highest level since 2015. Christie’s Hong Kong office set 71 auction records last year.

Both Curtis and Cussell also note that luxury real estate in Australia is a relative bargain compared to Hong Kong and Singapore, as well as global centers in the West including London, Paris, New York, and Los Angeles. “The top end of our market is perceived to be undervalued compared to many other countries, making Australia very attractive to outside buyers,” said Curtis.

Real estate developers are also looking to capitalize on foreign interest with luxury new-construction projects, particularly branded residences. As new construction sales experts, Curtis and Cussell look to benefit from this growing segment of the market.

“Sean and Darren are two of Australia’s most respected names in luxury real estate. Their unparalleled expertise in their respective markets, along with the collaboration that comes from working together under the Christie’s International Real Estate umbrella, will strengthen the brand in Australia and set the stage for future growth,” said Helena de Forton, managing director of Christie’s International Real Estate in EMEA and APAC.

Christie’s International Real Estate’s growth in Australia is the latest step for the global luxury network, which has been rapidly adding and expanding territory. Over the past year, Christie’s International Real Estate has signed on more than two dozen affiliates, including leading firms in the United Kingdom, France, Germany, Italy, Estonia, Malta, Japan, the United States, and the Caribbean.

About Christie’s International Real Estate

Christie’s International Real Estate has successfully marketed high-value real estate around the world for more than 30 years. Through its invitation-only Affiliate network spanning nearly 50 countries and territories, Christie’s International Real Estate offers incomparable services to a global clientele at the luxury end of the residential property market. For more information, please visit christiesrealestate.com.

Attachments

Bella Paredes
Christie's International Real Estate
2197657682
bellaparedes@atproperties.com

GlobeNewswire Distribution ID 8845667

American Battery Solutions, Inc. Confirms Exceptional Reliability of TeraStor™ BESS System with Third-party Analysis

Thought leadership and architectural reliability confirmed through detailed review of hardware, analysis of failure mode effects, reliability block diagrams, Markov models and board-level failure rates.

BOSTON, May 24, 2023 (GLOBE NEWSWIRE) — American Battery Solutions, Inc.’s Energy Storage Solutions division (ABS ESS), manufacturer of the ultra-high-density TeraStor™ lithium-ion battery energy storage platform, today announced the extraordinary outcomes of a reliability analysis performed by Reliant Labs (Reliant) in Sunnyvale, CA. The comprehensive elective evaluation of the TeraStor™ architecture demonstrates the company’s commitment to delivering large-scale energy storage solutions that outpace the industry in value.

“Reliability is the most critical factor in the total cost of ownership and lifetime value of energy storage,” said General Manager of ABS ESS and 35-year industry veteran Bud Collins, “and we are absolutely dedicated to transparently upholding the highest standards in this regard.” To ensure balanced and accurate estimates for lifelong system downtime and availability, Collins explains, ABS ESS “chose Reliant because they are renowned for their expertise and unbiased approach to analysis.”

The study was performed in accordance with the Telcordia SR-322 and SR-1171 reliability prediction methods and procedures and included a range of calculations, failure modes and performance evaluations. “A system reliability analysis (SRA) evaluates and quantifies the fault-tolerant architecture, redundancy for critical system components, efficient fault detection and recovery mechanisms,” said Reliant President Chase Wurz. “The SRA was a commitment by American Battery Solutions that the system will meet reliability and availability objectives, identifying any potential areas for improvement.”

With a predicted reliability of 99.999% (5-nines) the TeraStor™ architecture is shown to be the most reliable energy storage system on the market today. “We are thrilled to announce the remarkable results from this study,” stated Collins. “The outcomes are a testament to the tireless efforts of our deeply experienced and dedicated team who are revolutionizing the industry with cutting-edge energy storage solutions that exceed customers’ expectations and enable a sustainable energy future.”

For more information on American Battery Solutions’ Energy Storage Division and the 7.2 MWh (600MWh/acre) TeraStor™, please visit https://www.americanbatterysolutions.com/ess/ess-home.

About American Battery Solutions’ Energy Storage Solutions Division
American Battery Solutions, Inc.’s Energy Storage Solutions division is a pioneering provider of advanced energy storage solutions. The company designs, develops and manufactures cutting-edge systems, empowering customers to harness the full potential of renewable energy and optimize energy management. With a steadfast commitment to value, reliability, sustainability and innovation, the ABS ESS team of industry veterans aims to revolutionize the energy storage landscape.

Contact
ESS Media Relations
American Battery Solutions
ess_media@americanbatterysolutions.com

GlobeNewswire Distribution ID 8845601

Copenhagen Infrastructure Partners and Myrsky Energia to develop over 1.8 GW projects in Finland

Copenhagen Infrastructure Partners (CIP), on behalf of its Flagship Funds, and Myrsky Energia (Myrsky) today announced a partnership to develop more than 1.8 GW of onshore wind power in Finland. This transaction puts Finland on track to become a European leader in the energy transition and will make a material contribution toward Finland’s 2035 carbon neutrality target.

COPENHAGEN, Denmark and HELSINKI, Finland, May 24, 2023 (GLOBE NEWSWIRE) — CIP has entered into a framework agreement with Myrsky, a Finnish developer specialising in wind power, to develop more than 1.8 GW of onshore wind power in Finland. This capacity will make a material contribution to Finland’s 2035 carbon neutrality target.

The partnership is reflective of CIP’s strategy to pursue investments which deliver the step change in scale and pace of development required to meet the ambitious targets set by governments. The portfolio of wind projects will not only contribute to Finland’s net zero ambition but also improve energy security and help strengthen communities and transform local economies through job creation and additional tax revenues.

This marks the first investment by CIP in onshore wind power in the Nordic countries.

Nischal Agarwal, Partner in CIP, said of the transaction: “We believe Finland has excellent conditions for large scale onshore wind projects and a significant ambition to decarbonise by 2035 and achieve energy security. We are pleased to partner with Myrsky who is a leading renewables developer in Finland and we look forward to our cooperation and combining our expertise to participate in Finland’s energy transition.”

Tuomas Candelin-Palmqvist, entrepreneur and founder of Myrsky, commented: “We are delighted to partner with CIP to accelerate the delivery of Myrsky’s wind power projects over the coming years. On a global scale, Finland has unique onshore wind energy potential to produce renewable electricity. Green energy investments can create industry-scale business opportunities, local welfare, and employment as well as boost our energy security. Renewable energy is the new welfare industry for Finland.”

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focuses on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.

CIP manages ten funds and has to date raised approximately EUR 19 billion for investments in energy and associated infrastructure from more than 140 international institutional investors. CIP has approximately 400 employees and 11 offices around the world. For more information, visit www.cip.com

About Myrsky Energia
Founded in 2020, Myrsky Energia has over a decade of experience and deep roots in the renewables sector in Finland. Myrsky is a leading renewables developer in wind and solar power and the company has over 5 GW of wind power and 2 GW of solar power under development.

Cooperation, local presence, and respect for the nature guide Myrsky’s operations. The company employs over 30 energy professionals and has three offices in Finland. For more information, visit www.myrsky.fi

For further information, please contact:
E-mail: media@cip.com

Oliver Routhe Skov, Head of Media Relations at CIP
Phone: +45 30541227
Email: orsk@cisc.dk

Thomas Kønig, Partner – Investor Relations at CIP
Phone: +45 7070 5151
Email: tkon@cip.com

Mervi Kainulainen, Communications Manager at Myrsky
Phone: +358 40 546 1194
Email: mervi@myrsky.fi

GlobeNewswire Distribution ID 1000821645

Ford Motor Co. Commitment to Secure Lithium From Quebec is Endorsement of Arbor Metals’ Vision

Map of Arbor Metal Corp.’s Jarnet Lithium Claims

Arbor’s Jarnet Lithium Mine is located in the James Bay region of Quebec and is comprised of 47 map-designated claims that cover an approximate area of 3,759 hectares.

VANCOUVER, British Columbia, May 24, 2023 (GLOBE NEWSWIRE) — Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR, FWB: 432) is pleased to announce that the recent commitment made by Ford Motor Company to secure lithium from Quebec has been seen as a resounding endorsement of Arbor‘s vision for the lithium market in the region. The automaker’s announcement, which highlights their proactive approach in securing lithium production for electric vehicle (EV) manufacturing, aligns with Arbor‘s mission to be a major player in the Quebec lithium market.

Arbor fully supports the vision of automakers like Ford who are dedicated to driving the global electrification revolution. By proactively securing the essential metal required for the transition, namely lithium, these automakers are taking a significant step towards sustainable and environmentally friendly transportation solutions. The commitment to sourcing lithium from Quebec further strengthens Arbor‘s confidence in the immense potential of the region and the pivotal role it will play in the EV industry.

Ford’s decision to secure lithium production from Quebec serves as a strong validation of Arbor‘s strategic focus and underscores the Company’s dedication to being at the forefront of the lithium market. With its rich lithium deposits, Quebec has emerged as a key player in the global supply chain, and Arbor plans to capitalize on this opportunity.

Arbor is actively advancing its lithium projects in Quebec, including the flagship Jarnet Lithium project. The Company’s experienced team, coupled with its commitment to responsible and sustainable resource development, could position Arbor as a part of the lithium supply chain.

“We are excited to see major automakers recognizing the importance of securing lithium supply for their EV production. Ford’s commitment to Quebec’s lithium production reinforces our belief in the immense potential of this region,” commented Mark Ferguson, CEO of Arbor. “Arbor Metals is determined to play a significant role in meeting the growing demand for lithium and supporting the global electrification efforts.”

Arbor will continue to pursue its exploration and development activities in Quebec with a strong commitment to sustainable practices. The Company anticipates to be a key contributor to the lithium supply chain, helping to meet increased demand from automakers and driving the transition to a cleaner and greener future.

Arbor Metals Corp. is a mining exploration company specializing in the development of high-value, geographic significant mineral projects around the world. As an industry leader, it is paving the way for advanced mineral exploration as it oversees world-class mining projects. Arbor believes quality projects, combined with proven strategies and a professional team, will deliver superior results. The company holds three exceptional mineral projects.

The Jarnet lithium project, located in the James Bay region of Quebec, comprises 47 map-designated claims, covering an area of approximately 3,759 hectares. The Jarnet project is contiguous to the Corvette-FCI property, where diamond drilling has confirmed significant lithium mineralization, and represents one of the highest-profile lithium exploration projects in the sector.

Map of Arbor Metal Corp.'s Jarnet Lithium Claims

For further information, contact Mark Ferguson, Chief Executive Officer, at info@arbormetals.com, or visit the Company’s website at www.arbormetalscorp.com.

On behalf of the Board,

Arbor Metals Corp.

Mark Ferguson, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the development of the Jarnet Lithium Project, the assessment of samples from that Project, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

Contact Data

CONTACT:

MRKT360 INC

https://mrkt360.com

Alex Zertuche

alexz@mrkt360.com

For E.S.T Office Hours, Call 1 416-477-0587

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3618b042-01cc-4fdc-9dc6-19987e9bc55d

GlobeNewswire Distribution ID 8845204

WillScot Mobile Mini to Participate in Stifel Cross Sector Insight Conference

PHOENIX, May 23, 2023 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible space and storage solutions, today announced that Tim Boswell, President and Chief Financial Officer, and Nick Girardi, Senior Director of Treasury and Investor Relations, will participate in a presentation and host private investor meetings at the Stifel Cross Sector Insight Conference in Boston, MA, on June 6, 2023. The presentation will take place at 11:30 am ET.

About WillScot Mobile Mini

WillScot Mobile Mini trades on the Nasdaq stock exchange under the ticker symbol “WSC.” Headquartered in Phoenix, Arizona, the Company is a leading business services provider specializing in innovative flexible space and storage solutions. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 240 branch locations and additional drop lots throughout the United States, Canada, and Mexico.

Additional Information and Where to Find It

Additional information can be found on the company’s website at www.willscotmobilemini.com.

Contact Information
Investor Inquiries: Media Inquiries:
Nick Girardi Jake Saylor
investors@willscotmobilemini.com jake.saylor@willscot.com

GlobeNewswire Distribution ID 8844365