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International

Dream in talks to buy $1.3B European industrial portfolio

RENX Staff Commercial Transactions International May. 19 2021

Dream Industrial REIT (DIR-UN-T) reported Wednesday morning it is in “advanced discussions” to acquire shares of a corporation which owns 31 logistics properties across Europe for about $1.3 billion Cdn. In a release, Dream reports the portfolio includes “institutional- quality”

First Gulf, Stack Infra JV to build 56MW Toronto data centres

Steve McLean Commercial Development International May. 17 2021

Stack Infrastructure will launch its first Canadian data centre campus in the east end of Toronto in a joint venture with developer First Gulf. The 56-megawatt campus will be located at 3950 Danforth Ave. on a site formerly owned and

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