Pier 4 Real Estate Investment Trust has made its biggest acquisition, the nine-building, 558-unit Royal Oak Terrace apartment complex in London, Ont., for $102.5 million from a private family in an off-market transaction.
UPDATED: Dream Impact Trust (MPCT-UN-T) and its development partner in the Quayside Impact Limited Partnership have restructured ownership of Phase 1 of the massive, multi-tower Toronto waterfront project. Dream entities now wholly own the multifamily component.
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