First Capital REIT Selling Four Properties for a Total of $184 Million

April 11, 2023

TORONTO – First Capital REIT says it has signed deals to sell four properties including the Hazelton Hotel in Toronto for a combined total of $184 million.

The real estate trust says it is selling the Hazelton Hotel and a 50 per cent interest in the hotel’s restaurant, One Restaurant, to Hennick & Co. for $110 million.

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thestar.com