VANCOUVER, BC, March 30, 2022 /CNW/ – Tribe Property Technologies (TSXV: TRBE) (OTCQB: TRPTF) (“Tribe” or the “Company”) has partnered with UmbraCity, a community of totally automated, good umbrella rental kiosks that present on-demand entry to umbrellas for communities. The partnership would deliver UmbraCity’s lodge concierge-like service to Tribe buildings throughout the Lower Mainland, elevating life-style and comfort in Tribe communities.
“It rains a lot in Vancouver. That is a fact. UmbraCity offers an extremely practical service that adds convenience for residents and is sustainable for the larger community as well,” mentioned Tribe CEO Joseph Nakhla. “Just think, no more searching for an umbrella or getting caught out in a downpour as you leave your home. It can be the smallest of things that have the biggest impact on our day.”
From transportation and lodging to retail and shopper items, the recognition of the “sharing economy” or “collaborative consumption” continues to extend as a direct reflection of Canadians’ choice to hire or borrow items fairly than purchase or personal them. In 2015 PwC had estimated that by 2025 the gross sales income from the sharing financial system may have risen to $335 billion USD, doubtless a lot greater now given the impression of the pandemic.[1] The transition to an financial system that shares bodily property will not be solely less expensive, however is extra sustainable on the surroundings with an general discount in sources and pollution, emissions, and carbon footprints.
“We are excited to bring our unique amenity to Tribe buildings and expand our reach across the Lower Mainland,” mentioned Amir Entezari, CEO of UmbraCity. “UmbraCity partners with customer-centric properties that provide world-class amenities to their tenants and community members. With an UmbraCity kiosk in the building, community members will be able to move around the city whenever and wherever without worrying about bringing an umbrella or getting drenched in the rain.”
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1 https://www.pwc.com/hu/en/kiadvanyok/assets/pdf/sharing-economy-en.pdf |
UmbraCity’s service features a fleet of drivers that replenishes inventory, wherever their kiosks are situated, when availability is low.
About UmbraCity
Launched in 2015, UmbraCity is a Vancouver based mostly firm that gives an revolutionary and straightforward strategy to put an umbrella in everybody’s hand after they want it. Their community of totally automated, good umbrella rental kiosks supplies on-demand entry to umbrellas for commuters and gives an efficient platform for value-based advertising and marketing and promoting. Visit UmbraCity.com for extra data.
About Tribe Property Technologies
Tribe is a property know-how firm that’s digitizing the conventional property administration trade. As a quickly rising tech-forward property administration firm, Tribe’s built-in service-technology supply mannequin serves the wants of a a lot wider number of stakeholders than conventional service suppliers.
Tribe’s enterprise consists of three income pillars: software program and companies (recurring licensing and administration charges), transactional (hire or rental charges, banking companies, lease-ups), and digital companies and partnerships (good constructing merchandise, monetary and insurance coverage service).
Tribe seeks to amass extremely accretive targets in the fragmented North American property administration trade and rework these companies by streamlining and digitization of operations. Tribe’s platform decreases buyer acquisition prices, will increase retention, and permits for the addition of value-added services by the platform. Visit tribetech.com for extra data.
ON BEHALF OF THE BOARD
“Joseph Nakhla”
Chief Executive Officer
Tribe Property Technologies Inc.
Joseph Nakhla
Chief Executive Officer
1155 West Pender Street, Suite 419
Vancouver, British Columbia
V63 2P4
(604) 343-2601
joseph.nakhla@tribetech.com
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Cautionary Statement on Forward-Looking Information
This information launch accommodates sure statements which represent forward-looking statements or data underneath relevant Canadian securities legal guidelines, together with statements referring to the anticipated use of proceeds from the Offering and the Company’s targets and technique. Such forward-looking statements are topic to quite a few recognized and unknown dangers, uncertainties, and different elements, a few of that are past the Company’s management, which may trigger precise outcomes or occasions to vary materially from these acknowledged, anticipated or implied in the forward-looking statements. These dangers and uncertainties embody modifications to relevant legal guidelines or the regulatory sphere through which the Company operates, common financial and capital markets circumstances, and inventory market volatility. Although the Company believes that the forward-looking statements on this information launch are cheap, they’re based mostly on elements and assumptions, based mostly on at present out there data, regarding future occasions, which can show to be inaccurate. As such, readers are cautioned to not place undue reliance on the forward-looking statements, as no assurance will be offered as to plans, operations, outcomes, ranges of exercise or achievements. The forward-looking statements contained on this information launch are made as of the date of this information launch and, besides as required by relevant legislation, the Company doesn’t undertake any obligation to publicly replace or to revise any of the forward-looking statements, whether or not due to new data, future occasions or in any other case.
SOURCE Tribe Property Technologies Inc.
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