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Content tagged with: Transactions

Choice Properties forges new path with acquisition of CREIT

Don Wilcox Commercial Transactions National Feb. 20 2018

Choice Properties REIT (CHP.UN-T) has set itself on a course of redevelopment, diversification and expansion with its $6 billion purchase of Canadian REIT’s (REF.UN-T) sizeable portfolio of assets. The real estate arm of retail giant Loblaw (L-T), George Weston Limited  (WN-T) and the

Choice Properties to acquire CREIT in $6B transaction

Don Wilcox Commercial Transactions National Feb. 15 2018

Choice Properties Real Estate Investment Trust (CHP.UN-T) will create Canada’s largest REIT by acquiring Canadian Real Estate Investment Trust (REF.UN-T) in a transaction worth about $6 billion. When the deal closes, Choice will have an enterprise value of more than $15

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