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National

Rester Management to acquire control of ELAD Canada for $508M

Don Wilcox Residential Transactions National Oct. 9 2020

Rester Management of Montreal has a binding agreement to buy ELAD Group’s interest in ELAD Canada Realty for $508 million, ELAD reports in a release Friday morning. ELAD Canada is a Toronto-based Canadian subsidiary of controlling shareholder ELAD Group, which

Artis REIT sets special meeting, refutes Sandpiper ‘mistruths’

Don Wilcox Commercial REITs National Oct. 8 2020

Management of Artis REIT (AX-UN-T) has agreed to a demand from activist investor Sandpiper Group for a special meeting to elect a new board of trustees, but in a statement released Thursday night refutes what it calls “mistruths and inaccurate

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