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Category: Residential

H&R pares distributions, writes down $1.3B in property value

Don Wilcox Residential Shopping Centres National May. 25 2020

After cutting its distribution in half, and paring the IFRS value of its assets by about $1.3 billion, H&R REIT chief executive officer Tom Hofstedter believes the trust has positioned itself for virtually any eventuality created by the COVID-19 pandemic

Ex rivals now partners: RoseFellow plans its first development

Danny Kucharsky Residential Development Greater Montreal May. 22 2020

Two former rivals at Montreal developers Montoni and Broccolini have founded their own real estate company, closed on their first development property and are kicking off a $90-million luxury multiresidential project in the borough of Saint-Laurent. Competitors turned friends Mike

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