Automotive Properties REIT (APR-UN-T) is acquiring seven automotive dealership and collision centre properties, in Greater Montreal and in Orlando, Fla., for a total of $93.5 million, the trust announced today in its Q2 financial report.
The Equiton Residential Income Fund Trust (Apartment Fund) has acquired a 117-unit rental complex in Burnaby from a Vancouver-based private ownership group for $45.625 million. It is the company's first foray into British Columbia.
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