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Content tagged with: Transactions

Prime Burnaby apartment property for sale

Steve McLean Residential Transactions Metro Vancouver Nov. 15 2018

A prime site in Burnaby’s Metrotown neighbourhood is for sale, offering both solid holding income from existing apartments and attractive redevelopment potential. The two three-storey apartment buildings built in 1967, at 6470 and 6508 Silver Ave. in the Vancouver suburb,

El-Ad bids to acquire Agellan Commercial REIT

Don Wilcox Commercial Transactions National Nov. 15 2018

Agellan Commercial REIT  (ACR-UN-T) has entered into an agreement to be acquired by an affiliate of its largest shareholder El-Ad Group, Ltd., in a transaction which values Agellan at about $680 million. Elad Genesis Limited Partnership would pay $14.25 in

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