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Content tagged with: Transactions

Granite to acquire 8 U.S. distribution centres for $332M

Don Wilcox Commercial Transactions International Jun. 9 2020

Granite Real Estate Investment Trust (GRT-UN-T) has agreed to acquire eight income-producing U.S. industrial properties comprising approximately four million square feet for $332 million. The Toronto-based REIT says the acquisitions represent a going-in weighted average yield of 5.5 per cent.

CAPREIT buys out 8 more GTA multifamily operating leases

Don Wilcox Residential Transactions Toronto / GTA Jun. 4 2020

Canadian Apartment Properties Real Estate Investment Trust (CAR-UN-T) is spending $123 million to prepay the buyouts of its operating leases for eight multifamily properties in Toronto.  The REIT had previously announced the buyouts of three operating leases, and on Wednesday

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