August 23, 2002 Severances to hit Trizec: analystFinancial Post, August 20TORONTO – Christopher Mackenzie's departure from Trizec Properties Inc. will come with a hefty price. The REIT will be forced to pay him about US$4.8 million or US$0.03/share in severance, ...
July 24, 2002 Gillette hires Binswanger to market building in Mississauga, OntarioMISSISSAUGA, Ontario – Gillette Canada Co. has retained Binswanger Canada/CBB to sell its 132,644-square-foot building that sits on 9.6 acres at 2333 N. Sheridan Way. The one-story building faces ...
July 10, 2002 Vancouver's Bental Five tower being built in 2 stagesFinancial PostVANCOUVER, British Columbia – Real estate developer BTC Properties Inc. is building the Bentall Five tower, a 630,000-square-foot, C$170 million (US$111.8 million) project, in the heart of Vancouver's ...
June 28, 2002 Morguard to buy 23Mln shares of Revenue Properties from shareholderTORONTO – Morguard Corp., formerly known as Acktion Corp., has agreed to buy 23 million common shares of Revenue Properties Co. Ltd. (TSX:RPC) from Mark M. Tanz, a ...
June 17, 2002 Sterling Centrecorp to acquire Levinsky Realty Corp.TORONTO – Sterling Centrecorp Inc. (TSE:SCF) has agreed to acquire Levinsky Realty Corp., a Toronto-based, private real estate brokerage firm that specializes in all aspects of leasing and sales brokerage in ...
June 6, 2002 Hotels to hit market in C$300Mln REITThe Financial Post TORONTO – Westmont Hospitality Group and Whitehall Street Real Estate Funds are rumored to be taking part of their hotel portfolios public in an offering estimated to be ...
June 4, 2002 Condo fever strikes VancouverVancouver SunVANCOUVER, British Columbia – Condominium developers can't keep up with demand as Vancouver's housing sector continues to boom, with overall market sales surging 27 percent last month. Multiple Listing Service figures released yesterday ...
May 30, 2002 Retirement REIT ready to make several acquisitionsFinancial PostTORONTO – Retirement Residences REIT is poised to announce its first major transaction since its C$850 million (US$554.3 million) merger with CPL Long Term Care REIT last month. Retirement REIT, ...
May 29, 2002Cadillac-Fairview shops 5 malls in CanadaFinancial Post TORONTO – Cadillac-Fairview Corp. is looking to sell a portfolio of five properties valued around C$250 million (US$163 million), in what sources say is a pruning of non-core assets in its ...
May 22, 2002 Summit to continue expansion to add industrial spaceFinancial PostTORONTO – Summit Real Estate Investment Trust plans to continue its aggressive expansion by adding another 2 million square feet to its industrial portfolio. Lou Maroun, president of the ...
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