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Artis REIT to sell GTA industrial portfolio for $750M

Don Wilcox Commercial Transactions Toronto / GTA Jun. 21 2021

Artis REIT (AX-UN-T) has announced a “milestone” transaction, an unconditional agreement to sell its 28-property, 2.5-million-square-foot Greater Toronto Area industrial portfolio for $750 million. The transaction represents a per-square-foot price of $297 for the portfolio. It also exceeds the REIT’s

PROREIT buys in Ottawa, Winnipeg; Collingwood to invest $50M

RENX Staff Commercial Transactions Ottawa Mar. 15 2021

PRO Real Estate Investment Trust (PRV-UN-T) plans to acquire 12 industrial properties in Ottawa and Winnipeg for $86.8 million, and has also announced Collingwood Investments Corporation will take a $50-million equity position in the REIT. The two announcements were contained

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