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Category: Commercial

Nexus REIT adds new properties, continues ‘patient’ growth

Steve McLean Commercial Transactions National Apr. 4 2019

Nexus REIT (NXR-UN-X) completed $91.5 million in acquisitions last year and has already added a new portfolio in 2019, continuing the steady growth since it was created in April 2017 through the merger of Edgefront REIT and Nobel REIT. “We’ve had

Firm Capital buys 50% stake in six Ontario, Quebec shopping malls

RENX Staff Commercial Transactions Ottawa Apr. 3 2019

Firm Capital Property Trust (FCD-UN-X) is buying a 50 per cent non-managing interest in six shopping centres in Eastern Ontario and Quebec for $133 million from First Capital Realty (FCR-T) and one of its affiliates. The portfolio, which includes mainly grocery-anchored

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