Alignvest Student Housing REIT has a binding agreement to acquire a new apartment tower at 308 King St. N. in Waterloo. The 25-storey building includes 340 furnished apartments and provides housing for 659 students. It is fully occupied.
GWL Realty Advisors has acquired a second development property along Robson Street in Vancouver. The purchase of 1555 Robson St., adjacent to a property it already owns, creates a 0.77-acre site to redevelop with over 400 apartments plus retail.
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