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Atlantic Canada

CAPREIT bulks up liquidity with $740M portfolio sale to TPG: CEO

Don Wilcox Residential Transactions National Jul. 15 2024

UPDATED WITH QUOTES: CEO Mark Kenney says CAPREIT's (CAR-UN-T) move to sell 75 Canadian manufactured homes communities to TPG Real Estate for $740 million is another step toward becoming a pure-play apartment investor and manager.

Leyad acquires 2 shopping centres for $126M, more to come

Steve McLean Commercial Retail National Jun. 21 2024

Leyad’s 2024 buying spree continued this week as the firm acquired shopping centres in Winnipeg and in Prince Albert, Sask., for a combined $126 million. And, CEO Henry Zavriyev told RENX there is more to come.

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