Boardwalk REIT (BEI-UN-T) has finalized the sale of four properties in Quebec City and Edmonton for $105 million, with the aim of continuing an effort to generate capital for redeployment.
A mid-sized Toronto development project placed under receivership just over a year ago has been sold, according to Ontario Superior Court filings – a relatively rare occurrence at a time when projects are regularly becoming insolvent but few are transacting.
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