CAPREIT acquires Ottawa apartment for $61M
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has expanded its portfolio in the nation's capital with the $61-million acquisition of Eagle Pointe apartments in suburban Ottawa.
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has expanded its portfolio in the nation's capital with the $61-million acquisition of Eagle Pointe apartments in suburban Ottawa.
Dream Impact Trust (MPTC.UN-T) will reduce its distribution by 60 per cent and a large fair value loss on a small interest in Virgin Hotels Las Vegas contributed to a $44.86-million net loss in the fourth quarter ended Dec. 31.