The buying spree continues in Canada’s retirement living sector. Chartwell Retirement Residences (CSH-UN-T) has announced its latest acquisition, a portfolio of six southern Ontario properties comprising 1,024 suites for $432 million.
Groupe Touchette Real Estate and Melinor Investments Inc. have acquired a three-building industrial portfolio in Cornwall, Ont. from Harlo Capital for $40.2 million.
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