Montreal-based Bombardier Inc. is selling its 370-acre Downsview property site for US$635 million to the Public Sector Pension Investment Board, a move that promises a massive redevelopment opportunity.
The deal is expected to close in the second quarter of 2018, generating US$550 million for Bombardier net of transaction and other associated costs.
"As part of Bombardier's five-year turnaround plan, we have been reviewing our facilities worldwide...
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