CAPREIT and its majority-owned subsidiary European Residential REIT are selling of a portfolio of 1,446 apartments in the Netherlands for $522 million, another $39-million property, and intend to sell ERES’ remaining properties and wind up the trust.
Chartwell Retirement Residences (CSH-UN-T) has continued its expansion in the Quebec City region with the purchase of two recently-built retirement residences, and the acquisition of the 15 per cent interest it did not already own in a third facility.
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