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Content tagged with: Transactions

Firm buys 50% interest in seven Crombie retail properties

Don Wilcox Commercial Transactions National Jan. 15 2019

Firm Capital Property Trust (FCD-UN-X) has bought a 50 per cent interest in a portfolio of seven retail properties in five provinces from Crombie REIT (CRR-UN-T) for $41.6 million. In a release issued late Monday, Firm calls the acquisition “transformative” to

Palm Holdings seeks value in under-performing hotels

Danny Kucharsky Commercial Transactions National Jan. 14 2019

Palm Holdings’ acquisition of an interest in 12 former InnVest Hotels is a strategy the family-run business plans to employ again, says managing director Anil Taneja. “We’re very actively seeking more acquisitions and looking at recycling lower-grade real estate portfolios,” he

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