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Ottawa

RioCan selling stakes in 5 apartment buildings for $197.3M

RENX Staff Residential Transactions National May. 28 2025

RioCan REIT (REI-UN-T) has announced closings or firm deals to sell a total of five apartment buildings in Toronto, Ottawa and Calgary, to three separate buyers, for just over $197.3 million.

InterRent REIT agrees to $4B acquisition by CLV Group, GIC

Don Wilcox Residential Acquisition Ottawa May. 27 2025

InterRent REIT (IIP-UN-T), one of Canada’s largest multifamily housing owners, confirmed it has entered an agreement to be acquired by CLV Group and Singapore’s sovereign wealth fund GIC in a deal which values the trust at about $4 billion.

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