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Category: Commercial

Northwest divests $209M stake in Assura, as KKR buys U.K. firm

Tyler Choi Commercial Northwest Healthcare Toronto / GTA Apr. 11 2025

Toronto-based Northwest Healthcare Properties REIT (NWH-UN-T) has sold its remaining interest in Assura PLC for approximately $139.3 million, completing a two-phased divestment of the U.K.-based firm valued at over $209 million (all figures Canadian). 

Crombie REIT, Montez form JVs for 3 development properties

Don Wilcox Commercial Montez Halifax Apr. 11 2025

Crombie REIT (CRR-UN-T) is forming a series of joint ventures with Toronto-based Montez Corporation in relation to three of its development projects - the under-construction The Marlstone apartments in Halifax and two other proposed redevelopment properties.

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