Chartwell Retirement Residences (TSX: CSH.UN) to sell two Long Term Care homes in British Columbia with 264 beds to AgeCare Health Services Inc. and Axium Infrastructure Inc. for $153.9M including assumption of debt. Continue Reading
Crown Realty Partners acquired Park of Commerce from QuadReal Property Group, 1st acquisition for its $260 million value-add fund, Crown Realty V Limited Partnership.
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Skyline Investments Inc. to sell 100% interest in Deerhurst Resort and Horseshoe Valley Resort, together with Serruya Private Equity, all of its remaining development lands at Blue Mountain Resort to Freed Corp for $210M. Continue Reading
Greybrook Yorkville IV acquired 5 properties located at 148, 152, 156 Avenue Rd, 224 and 234 Davenport in Toronto, to develop with partner, Tribute Communities, into luxury high-rise condominium residence Continue Reading
CPP Investments committed US $200M in 2nd Indonesia joint venture with LOGOS, which will develop a diversified portfolio of facilities targeted at third party logistics (3PL), data centre and industrial tenants.Continue Reading
Drazin family’s Rester Management to acquire 100% of ELAD Canada Realty shares from ELAD Group for CDN $508 million. Continue Reading
British Columbia Investment Management Corporation (BCI)’s QuadReal Property Group acquired 50% interest in CA Ventures’ US $4B U.S. student living platform with US $1.6B commitment and existing investments Continue Reading
Blackstone Real Estate Income Trust, to invest US $240M, part of US $300M syndicated investment, in Tricon Residential. Frank Cohen, Chairman & CEO of BREIT, will join Tricon’s board.Continue Reading
RedBird Capital Partners, Ontario Teachers’ and Azrieli Group backed Compass Datacenters acquired Etobicoke land, 15km from 151 Front Street, for its first Toronto campus. Continue Reading
APG, CPP Investments, ESR Cayman (SEHK: 1821) formed 2nd Korean JV, ESR-KS II, US $1B venture to develop industrial and warehouse logistics portfolio in Seoul and Busan metropolitan areasContinue Reading
British Columbia Investment Management Corporation (BCI)’s QuadReal Property Group and Mill Creek Residential formed US $421M joint venture to develop and operate multifamily communities in targeted US marketsContinue Reading
CPPIB acquired 45% stake in Boston Properties’ Platform 16, a 1.1 million square foot Class A urban office campus near Diridon Station in downtown San Jose, California.Continue Reading
Tricon Capital Group and Arizona State Retirement System (ASRS) formed US $450M JV targets investments in master-planned communities and development of single-family “build-to-rent” communitiesContinue Reading
Blackstone to acquire Dream Global REIT for $6.2B. Dream Asset Management, the asset manager, will receive $395.2M as part of the transactionContinue Reading
Spear Street Capital, acquired O Mile-Ex, Montreal’s AI hub, from TGTA, Fondaction and the Ville de Québec pension fundsContinue Reading
RioCan REIT to acquire KingSett Canadian Real Estate Income Fund’s 50% co-ownership interest in Yonge Sheppard Centre for $331M Continue Reading
Sun Life Financial to acquire control of GreenOak Real Estate and combine it with Bentall KennedyContinue Reading
