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Alberta

Elite group buys 2 shopping centres, nears $500M in assets

Mario Toneguzzi Commercial Transactions Edmonton Feb. 22 2024

Edmonton-based Elite Real Estate Group has been busy expanding its holdings in recent days with the acquisitions of two local shopping centres as it approaches a half-billion dollars in portfolio value.

Allied, Westbank, TELUS reorganize ownership of Calgary tower

RENX Staff Commercial Transactions Calgary Feb. 12 2024

Allied Properties REIT (AP-UN-T) and its partners Westbank and TELUS have an agreement to reorganize their ownership of one of downtown Calgary’s most iconic high-rise towers, the 60-storey TELUS Sky.

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