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Artis REIT to spin-off retail holdings into $819M entity

Don Wilcox Commercial Transactions National Sep. 8 2020

Artis Real Estate Investment Trust (AX.UN-T) says its board of trustees has approved a plan to spin-off its Canadian retail properties into a new REIT. Artis Retail REIT would include up to 42 properties, comprising 2.9 million square feet of

Blackstone makes $395M equity investment in Tricon

Don Wilcox Residential Investors National Aug. 27 2020

A syndicate led by Blackstone Real Estate Investment Trust Inc., (BREIT) will invest $395 million in Toronto-based rental housing company Tricon Residential via a preferred equity investment to lower the firm’s overall debt by about 10 per cent. The investment

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