Quantcast
Channel: Greater Toronto Area Commercial Real Estate News From CoStar Group
Viewing all articles
Browse latest Browse all 621

Blackstone to Acquire Vancouver-Based Pure Industrial REIT for C$3.8 Billion

$
0
0
This 278,400-square-foot distribution building in Hopewell Distribution Centre in Richmond, BC, is part of PIRET's Canadian portfolio. An affiliate of Blackstone Group LP has agreed to acquire Pure Industrial Real Estate Trust (TSX: AAR.UN) ("PIRET") in an all-cash transaction valued at C$3.8 billion including debt. Under the purchase agreement announced this morning, Blackstone Property Partners, the private-equity giant's core-plus real estate...

Viewing all articles
Browse latest Browse all 621

Trending Articles