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Category: Commercial

Avison Young cuts debt to $110M, launches 2031 growth plan

Steve McLean Commercial Recapitalization National 17 hours ago

Avison Young has closed its recapitalization after receiving capital from almost 20 investors, which will enable the Toronto-headquartered global real estate advisory firm to move forward with its “Avison Young 2031” growth plan.

Crombie REIT to buy stake in 15-property portfolio back from Oak Street

Tania Theriault Commercial Acquisition National 17 hours ago

In its second major deal in recent weeks, Nova Scotia’s Crombie REIT (CRR-UN-T) has agreed to acquire a portfolio of 15 retail properties for $216.2 million. The properties are in Alberta, British Columbia, Manitoba, Newfoundland, Nova Scotia, Ontario and Quebec.

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Alberta Atlantic Canada Banff British Columbia Calgary Charlottetown Edmonton Greater Montreal Greater Toronto / GTA Halifax Hamilton International Jasper Lethbridge Manitoba Metro Vancouver National Nova Scotia Ontario Ottawa Quebec Quebec City Regina Saskatchewan Saskatoon Surrey Toronto / GTA Victoria Waterloo Winnipeg Yukon / NWT / Nunavut
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