GWL Realty Advisors has acquired a second development property along Robson Street in Vancouver. The purchase of 1555 Robson St., adjacent to a property it already owns, creates a 0.77-acre site to redevelop with over 400 apartments plus retail.
Globe Capital Management is taking advantage of something of a lull in acquisitions by public and institutional multiresidential owners to grow its own portfolio. The Winnipeg-based firm is also actively developing properties, looking for building sites, and consolidating ownership.
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