Sheds non-core regional assets while expanding necessity-based portfolio in Q3
Nova Scotia-based Crombie REIT (CRR-UN-T) announced it has acquired a portfolio of 13 necessity-based retail properties in Ontario, totalling 588,000 square feet, for $134 million, excluding closing and transaction costs.
Crombie made the announcement in its Q3 financial report, released Wednesday evening, noting the deal occurred subsequent to the end of the quarter.
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