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Toronto / GTA

Allied to sell $1.35B Toronto data centre portfolio to KDDI

Don Wilcox Commercial Data Centres Toronto / GTA Jun. 21 2023

Allied Properties REIT has announced an all-cash agreement to sell its Toronto-based Canadian data centre portfolio to Japanese telecom firm KDDI Corporation for $1.35 billion.

Smartstop makes $300M GTA self-storage acquisition

RENX Staff Commercial Transactions Toronto / GTA Jun. 20 2023

SmartStop Self Storage REIT says it has become the fifth-largest self-storage operator in Canada with the $300-million acquisition of eight properties in the Greater Toronto and Hamilton areas.

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