The ICM Bluebird Canadian Self Storage Fund has purchased facilities in the Greater Toronto Area and Calgary for more than $60 million. The acquisitions are the fund's ninth and 10th since its inception in early 2023.
Commercial real estate transaction activity has been brisk in recent weeks, but the overall impact of looming federal capital gains tax changes has been somewhat muted, say brokers who spoke to RENX in advance of the June 25 deadline.
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