CAPREIT (CAR.UN-T) has acquired the newly constructed Alto Towers apartments in London, Ont., for $130 million, the trust announced this morning. The transaction is part of $216M in acquisitions and dispositions CAPREIT completed in Q1.
Anthem Properties completed its acquisition of a five-building industrial portfolio in Edmonton, closing on the Emco building and the Brier Business Centre - before flipping the latter property. The firm continues to seek investment opportunities in Alberta.
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