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Content tagged with: Transactions

Allied, RioCan buy commercial portion of Toronto’s The Well

RENX Staff Commercial Transactions Toronto / GTA Oct. 5 2017

Allied Properties REIT (AP.UN-T) and RioCan REIT (REI.UN-T) are buying Diamond Corp.‘s 20 per cent interest in the office and retail components of Toronto’s The Well for up to $42 million. The transaction, which is scheduled to close today (Thursday,

Summit buys another Toronto-area industrial property

RENX Staff Commercial Transactions Toronto / GTA Sep. 21 2017

Summit Industrial Income REIT (SMU.UN-T) continued to snap up Toronto-area industrial properties with the announcement of a 255,000-square-foot acquisition near the Toronto airport. The 22-foot clear, light industrial property is in the Etobicoke industrial sub-market which rings Pearson International Airport.

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