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Category: Residential

Growing Marwest REIT acquires Winnipeg apt. building

Donald Benham Residential Transactions Winnipeg Sep. 28 2022

Marwest Apartment REIT (MAR-UN-X) has agreed to purchase the Prairie View Pointe property in Winnipeg from Ironclad Properties for $42 million. The investment grows the fledgling REIT’s assets by 42 per cent and reflects the Winnipeg-based company’s pride and confidence

First Capital REIT sells stake in King High Line multires for $149M

Don Wilcox Residential Transactions Toronto / GTA Sep. 28 2022

First Capital REIT (FCR.UN-T) says it has a firm agreement to sell its remaining 50 per cent non-managing interest in the residential component of the three-tower King High Line property at 1100 King Street West in Toronto for $149 million.

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