CAPREIT (CAR.UN-T) has acquired the newly constructed Alto Towers apartments in London, Ont., for $130 million, the trust announced this morning. The transaction is part of $216M in acquisitions and dispositions CAPREIT completed in Q1.
Rana Ghorayeb has been named executive vice-president and head of real estate at CDPQ as the firm continues to reorganize its real estate operations. Also in today's column are appointments at Brookfield, Manulife, Sun Life, Boardwalk, Northwest and more...
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