Quebec City-based Cominar Real Estate Investment Trust is selling 97 properties it considers non-core to Slate Acquisitions Inc., in a deal worth $1.14 billion.
The proposed deal, which totals 6.2 million square feet, leaves the REIT focused on the province of Quebec with no properties in western Canada, the Greater Toronto Area or the Atlantic provinces.
The deal, expected to close in March, includes sales in all those regions outside Quebec...
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