InterRent REIT (IIP-UN-T), one of Canada’s largest multifamily housing owners, confirmed it has entered an agreement to be acquired by CLV Group and Singapore’s sovereign wealth fund GIC in a deal which values the trust at about $4 billion.
Canadian Gavin Swartzman has been named the next president of Christie’s International Real Estate, moving into the role in June. Long-time executive Peter Garrigan has been promoted to executive managing director, Ontario with Colliers Canada.
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