Halifax-based Clarke Inc. (CKI-T) announced this morning it has entered into a definitive agreement to acquire Ravelin Properties REIT (RPR-UN-T) in an all-stock deal valued at $1.1 billion, including debt.
Dawson Crossing, one of the last large development sites available in Winnipeg’s southeast district, is being marketed by Avison Young for sale or lease. The land is to contain a mix of multifamily and retail development.
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