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Category: Commercial

Summit sells interests in two GTA, Montreal data centres

Don Wilcox Commercial Transactions Toronto / GTA Sep. 12 2019

Summit Industrial Income REIT says it has sold its interests in two data centres in Montreal and the Greater Toronto Area for $178 million and will make a special distribution of a portion of the profits to its shareholders. In

REITs see diversification as strategy for growth

Steve McLean Commercial REITs National Sep. 10 2019

As online sales blur lines between retail and industrial real estate, and demands for multifamily developments increase, more real estate investment trusts are moving to diversify their portfolios. RBC Capital Markets real estate and REITs analyst Pammi Bir moderated a

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