Industry E-News Update for December 22, 2011
Whiterock Acquires Properties in Alberta
Whiterock REIT recently announced an acquisition in Edmonton, Alberta that consists of nine office properties and a total gross leasable area of 619,792 square feet. Whiterock acquired this complex for roughly $108 million. Click here to learn more about Whiterock's acquisition.
Flatiron Building Sold for $15 Million
Toronto’s iconic Flatiron Building has changed hands for the price of $15 million. The Commercial Realty Group has purchased the building from Timbercreek Mortgage Investment Corporation. To find out more about the sale of the Flatiron Building,
click here.
Sun Life Financial Centre Achieves LEED Gold
Bentall Kennedy has recently announced the achievement of the first LEED Gold for Existing Buildings in the Ottawa area. The building, Sun Life Financial Centre, went under significant physical and operational improvements to achieve its newly minted LEED status. Click here to learn more about Bentall Kennedy's LEED Gold certification.
RioCan REIT Reports $1 Billion Worth of Acquisitions in 2011
RioCan Real Estate Investment Trust recently announced their year-end acquisition totals. For the second year in a row, RioCan’s acquisitions amounted to over $1 billion worth of income properties across North America. To learn more about RioCan's 2011 acquisitions, click here.
Advertise with Canadian Property Management - Online and Print
For our Media Kit, additional information and key contacts, please click here.