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Category: Commercial

SmartREIT, Strathallen to acquire OneREIT in $1.1B deal

RENX Staff Commercial Transactions National Aug. 4 2017

SmartREIT (SRU.UN-T) and a subsidiary of Strathallen Capital Corp., announced Friday morning they have agreements to acquire OneREIT (ONR.UN-T) and take the trust’s assets private. The transaction is valued at $1.1 billion and includes 56 properties, the firms said in a

Allied, Westbank JV on Vancouver office tower: Emory

Evan Duggan Commercial Development Metro Vancouver Aug. 3 2017

Toronto-based Allied Properties Real Estate Investment Trust (AP.UN-T) has reached a deal to buy a half-stake in Westbank’s proposed Japanese lamp-inspired office tower in downtown Vancouver.  “It’s a way for Allied to penetrate the Vancouver office market in a fairly material

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