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Content tagged with: Transactions

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Avenue Living buys 1,500 Edmonton rental units for $275M

Mario Toneguzzi Residential Transactions Edmonton Jul. 5 2021

Calgary-based Avenue Living Asset Management Ltd. has acquired three portfolios in the Edmonton area, comprising more than 1,500 residential rental units, for about $275 million, RENX has learned. The investments more than double the company’s presence in the capital of

Artis REIT to sell GTA industrial portfolio for $750M

Don Wilcox Commercial Transactions Toronto / GTA Jun. 21 2021

Artis REIT (AX-UN-T) has announced a “milestone” transaction, an unconditional agreement to sell its 28-property, 2.5-million-square-foot Greater Toronto Area industrial portfolio for $750 million. The transaction represents a per-square-foot price of $297 for the portfolio. It also exceeds the REIT’s

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