A slowdown in land-buyer appetite in Metro Vancouver hasn’t stopped owners and real estate brokers from moving forward with efforts to amass assemblies of single-family homes, then market the properties for high-rise redevelopment.
UPDATED: First Capital REIT (FCR-UN-T) says it has agreements to divest an additional $116 million of properties, including interests in two Greater Toronto Area development sites, an office building, as well as a Greater Vancouver apartment property.
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