Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has unveiled six acquisitions of apartment buildings and three non-core property divestments totalling $477 million in transactions, a move aligned with its ongoing portfolio modernization strategy.
Major real estate data surveys are reporting mixed signals for the Canadian office sector in Q1 2024, with positive net absorption but a higher vacancy rate (18.4 per cent) nationwide led by upticks in both Toronto and Vancouver.
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