European Residential REIT (ERES.UN-T) has closed on the sales of 530 residential rental housing units and an office property in the Netherlands for approximately C$173 million as management follows through on a pledge to lower debt levels.
The 905 has supplanted Toronto proper as the region’s hub of condominium development, largely owing to the latter’s exorbitant land costs and surging tax regimes. Stubbornly elevated interest rates aren’t helping the 416, either.
Industry EventsFollow RENX on your favorite social media platform for news delivered to your feed.
Locations
Locations