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International

Granite acquiring $564M in U.S., European industrial

Don Wilcox Commercial Development International Nov. 18 2020

Granite REIT (GRT-UN-T) says it is acquiring seven more industrial properties in the U.S. and Netherlands, and has closed on a previously announced acquisition in Atlanta. In total, the properties are valued at more than $564 million (all figures Cdn).

People Space: Senior appts. at First Capital, Timbercreek, Plaza, Forum …

Don Wilcox Residential Executives National Nov. 16 2020

First Capital REIT (FCR-UN-T) has hired Neil Downey as its executive vice-president, enterprise strategies and as chief financial officer of First Capital, effective in Q1 2021. Downey is currently managing director and associate director of Canadian research for RBC Capital

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