InterRent REIT (IIP-UN-T), one of Canada’s largest multifamily housing owners, confirmed it has entered an agreement to be acquired by CLV Group and Singapore’s sovereign wealth fund GIC in a deal which values the trust at about $4 billion.
Super-tall residential towers — generally classified as exceeding 300 metres or 70 storeys — are becoming more common in Toronto and around the world. Mansoor Kazerouni of Arcadis says Toronto is just scratching the surface of what's possible in the realm.
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