Artifact Group is expanding its hospitality portfolio in Quebec with the acquisition of the 595-key DoubleTree by Hilton Downtown Montreal hotel, one of the major components of the Complexe Desjardins in the city’s entertainment district.
Artis REIT (AX-UN-T) has an agreement to sell one of its premium properties, a newly developed 1.8-million-square-foot Park 8Ninety industrial centre in Houston, to U.S.-based KKR as the trust continues divesting assets to strengthen its balance sheet.
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