New in Canadian Apartment Magazine
June 15, 2010
Halifax-Based Killam Properties Inc Acquires Two Luxury Ontario Apartments
For a combined price of $46.6 million, Killam Properties continues its apartment acquisition program in Ontario with two riverfront buildings. The properties bring Killam’s acquisitions total to $100.7 million this year. Click here to find out more about the transaction.
Timbercreek Enters Winnipeg Market with $100 Million Acquisition
Timbercreek Asset Management Inc.’s first entry into the Winnipeg multi-residential marketplace saw three buildings comprising of 544 residential suites change hands. To find out more, click here.
Skyline Apartment REIT Acquires $6.1 Million, Two Building Property
In an effort to expand its northern Ontario presence, Skyline announces the acquisition of a 91-suite residential complex in Timmins, Ontario. To read more on the acquisition, click here.
National Vacancy Rate Edges Higher
The average rental apartment vacancy rate increased across Canada's 35 major centres, according to the spring Rental Market Survey released today by Canada Mortgage and Housing Corporation. Click here to read detailed results.
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