Acktion selling shopping centre assets to Morguard
Article Abstract:
Morguard Real Estate Investment Trust is buying Devan Properties Ltd, a wholly-owned subsidiary of Acktion Corp, for C$137 million. Acktion, which already owns 19.9% of Morguard, would be given a 48% equity stake in the REIT to become the single biggest shareholder. The agreement will almost double Morguard's assets to around C$800 million, which will be now consisted of 78 retail, office and industrial properties.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
Asset sales & divestitures, Real Estate Investment Trusts, Real Estate Invest Trusts, Devan Properties Ltd.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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New Intrawest owner could break up firm
Article Abstract:
Details of Fortress Investment Group LLC's acquisition of Intrawest Corp., for $1.8 billion, are presented.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2006
United States, Acquisitions & mergers, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, Other Activities Related to Real Estate, REAL ESTATE, Real Estate Services, Mergers, acquisitions and divestments, Company acquisition/merger, Real estate industry, Intrawest Corp. (Vancouver, British Columbia), Fortress Investment Group
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2006
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Subjects list: Canada
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