Dream Impact Trust (MPTC.UN-T) will reduce its distribution by 60 per cent and a large fair value loss on a small interest in Virgin Hotels Las Vegas contributed to a $44.86-million net loss in the fourth quarter ended Dec. 31.
The Cambie Corridor Plan's third phase will re-shape a neighbourhood containing nine per cent of Vancouver's land mass. Gracorp Properties and Minto are partnering on one of these projects, an 18-storey apartment building to replace three single-family homes.
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