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Atlantic Canada

PROREIT, Crestpoint form $455M industrial JV

RENX Staff Commercial Transactions Atlantic Canada Jun. 21 2022

PROREIT (PRV-UN-T) and Crestpoint Real Estate Investments Ltd. have created a joint venture involving $455 million of mainly industrial properties, including a $228-million portfolio which they are acquiring in the Halifax Burnside Industrial Park. On closing of the transactions, Montreal-based

Office vacancy up, but so is demand in Atlantic Canada

Steve McLean Commercial Market Reports Atlantic Canada Feb. 4 2022

Additional office space entering the market pushed up vacancy rates in Halifax, Moncton, Fredericton, Saint John and St. John’s last year, but leasing demand also increased in four of those cities. “It’s encouraging to see that the office market has

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