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Content tagged with: Transactions

Lanesborough REIT selling assets to buy time

Paul Brent Commercial Transactions National Apr. 28 2016

With a major exposure to the recessionary Alberta market and the oil sands epicentre of Fort McMurray in particular piling up losses, Lanesborough REIT‘s (LRT.UN-T) survival plan is simple: sell properties to keep afloat.  The Winnipeg-based company recently unloaded a multi-residential property

GM buys TO site for “mobility campus”

Steve McLean Commercial Transactions Toronto / GTA Apr. 21 2016

General Motors of Canada has purchased a seven-acre site on the east side of Toronto’s downtown from Cinespace Film Studios and plans to transform it into the “Toronto GM Mobility Campus.” “Investments like this require a complex analysis of factors

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