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Category: Residential

Riocan plans ‘many hundreds of millions’ in transactions

Don Wilcox Residential Development National Nov. 11 2019

RioCan REIT (REI-UN-T) might be nearing completion of its $2-billion divestment of non-core assets, but CEO Ed Sonshine expects the trust to conduct “many hundreds of millions” of dollars in transactions during the coming year.  The pace isn’t expected to change,

Continuum REIT to sell $1.73B GTA portfolio to Starlight

Steve McLean Residential Transactions Toronto / GTA Nov. 8 2019

Continuum Residential Real Estate Investment Trust’s proposed initial public offering (IPO) has been taken off the table with the announcement Starlight Investments has an agreement to acquire the REIT’s multiresidential portfolio for $1.732 billion. The portfolio is comprised of 44 high-rise

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