LATEST FIRM TRANSACTION
November 08, 2019
Continuum Residential Real Estate Investment Trust (the "REIT"), an affiliate of Q Management LP, and Starlight Investments ("Starlight") announced they have entered into an agreement whereby Starlight will acquire the REIT's multi-residential portfolio for a gross purchase price of $1.732 billion or a value of $20.10 per trust unit of the REIT. The Portfolio is comprised of 44 high-rise concrete buildings located primarily in the Greater Toronto Area and contains 6,271 rental suites.
To fead the full press release, click here.