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Content tagged with: Transactions

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

Allied adds to downtown Vancouver office holdings

Don Wilcox Commercial Transactions Metro Vancouver Nov. 13 2018

Allied Properties REIT (AP-UN-T) is increasing its presence in Vancouver, acquiring two downtown office buildings. The trust paid $57.5 million for the two properties, which comprise 60,000-plus square feet of gross leasable area. “These are strategic acquisitions for Allied, in

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