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International

AHIP to sell 45 U.S. economy hotels for $285M

Don Wilcox Commercial Transactions International Jul. 30 2019

American Hotel Income Properties REIT (HOT-UN-T) is selling its 45 “economy lodging” hotels to U.S.-based VCM Ltd., as AHIP zeroes in on what the trust’s management considers the more profitable premium hotel brands sector.  The $285-million transaction (all figures Cdn),

Granite buys industrial dev. land, 3 properties in U.S., Europe

Don Wilcox Commercial Transactions International Jul. 19 2019

Granite REIT (GRT-UN-T) has acquired industrial properties in the U.S. and in Europe, agreed to purchase a third, and partnered with an American industrial developer to buy a large parcel of development land in Houston.  In total, the purchases represent

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