RBC’s Canadian Core Real Estate Fund has completed its fifth portfolio transaction with QuadReal Property Group, a two-part deal involving the acquisition of an interest in 40 assets for $860 million and the divestment of five assets for $175 million.
What happens when a commercial tenant has the option to purchase the property it is leasing but the parties cannot agree on value? The simple answer is to do what the lease says - or risk losing a very valuable asset.
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