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Mattamy Homes has been selected as the joint venture partner for the first phase of QuadReal Property Group’s Cloverdale Mall redevelopment project in Toronto. Mattamy will acquire an ownership stake in the standalone 2.3-acre “Triangle Site” adjacent to the mall.
Canadian Net Real Estate Investment Trust reported year-over-year gains in funds from operations (FFO), FFO per unit and net operating income (NOI) in its second quarter ended June 30. Quarterly FFO jumped 27 per cent to $3.29 million from a