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International

Granite to acquire 8 U.S. distribution centres for $332M

Don Wilcox Commercial Transactions International Jun. 9 2020

Granite Real Estate Investment Trust (GRT-UN-T) has agreed to acquire eight income-producing U.S. industrial properties comprising approximately four million square feet for $332 million. The Toronto-based REIT says the acquisitions represent a going-in weighted average yield of 5.5 per cent.

Bell to sell 13 data centre sites to Equinix for $1.04B

Don Wilcox Commercial Transactions National Jun. 1 2020

Multinational global centre owner/operator Equinix Inc. (EQIX-Q) has an agreement to spend $1.04 billion (all figures Cdn) to acquire 13 data centres across Canada from BCE Inc. (BCE-T). The all-cash transaction remains subject to regulatory and other approvals and is

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