RioCan REIT (REI-UN-T) is acquiring 5.6 acres of land adjacent to its existing Glenmore Landing property from the City of Calgary to enable it to pursue another of its densification projects.
The economic landscape has revealed that apartments are a resilient and attractive asset class, weathering economic storms and political interference. In the Canadian market, Alberta is a prime growth opportunity, representing a beacon of safety and potential for investors.
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