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Category: Commercial

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.

Hodgson steps into CEO’s job at Slate Office REIT

Steve McLean Commercial REITs National Jun. 8 2020

Slate Office REIT’s portfolio has been built for just such an occasion as we’re experiencing today, says its new chief executive officer Steve Hodgson. He told RENX he’s satisfied with Slate Office REIT’s (SOT-UN-T) liquidity position and said the portfolio

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