Nofada Immobilier has made the biggest acquisition in its 10-year history, purchasing the 214-unit Tours Chapdelaine from Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) for $35 million.
Metrocap and Prime Properties expect to close today on the off-market acquisitions of six properties in Montreal’s Old Port area previously owned by Nexus Industrial REIT / Sandalwood Management. They'll acquire two more properties in October to complete the deal.
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