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International

Granite buys U.S., GTA industrial, raises distribution

Don Wilcox Commercial Transactions International Nov. 6 2020

The expansion of Granite REIT’s industrial portfolio continued without pause during Q3 2020, with the additions of 1.3 million more square feet of space, a move into a new U.S. market and an increase in the trust’s distributions to shareholders.

Blackstone to buy Simply Self Storage from Brookfield

Don Wilcox Commercial Transactions International Oct. 26 2020

Brookfield Asset Management is selling U.S.-based Simply Self Storage to Blackstone Real Estate Income Trust (BREIT) in a deal valued at just under $1.6 billion (all figures Cdn). Simply Self Storage owns and operates a network of more than 12o

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