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InterRent remains positive in slow transaction market

Steve McLean Residential Apartments Ottawa Nov. 3 2023

Despite posting a net loss of $54.56 million in its third quarter ended Sept. 30, there were positive messages coming from InterRent REIT (IIP-UN-T) executives during its Nov. 1 conference call to discuss its financial results and business initiatives.

Leyad buys 360K-sq.-ft. Moncton retail power centre for $61.5M

Steve McLean Commercial Transactions Greater Montreal Oct. 31 2023

Montreal-based Leyad is best known for buying and renovating Montreal apartment buildings. But the company is branching out and increasing its scale, including its latest acquisition, the $61.5 million 360,000-square-foot Wheeler Park Power Centre in Moncton.

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