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British Columbia

CAPREIT bulks up liquidity with $740M portfolio sale to TPG: CEO

Don Wilcox Residential Transactions National Jul. 15 2024

UPDATED WITH QUOTES: CEO Mark Kenney says CAPREIT's (CAR-UN-T) move to sell 75 Canadian manufactured homes communities to TPG Real Estate for $740 million is another step toward becoming a pure-play apartment investor and manager.

Will slower market sap industrial intensification in B.C.'s Lower Mainland?

Evan Duggan Commercial Industrial Metro Vancouver Jul. 9 2024

Strong demand, a shortage of supply and expanding prices have been such consistent elements of Metro Vancouver’s industrial property market that it felt like a permanent condition. It’s not anymore. 

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