acquisition
Construction Business
Bird Construction to acquire Jacob Bros for $135M
Bird Construction is set to acquire Surrey-based Jacob Bros Construction for $135 million.
Construction Business
Mercer to acquire Structurlam for $81M
Mercer International in Vancouver is acquiring all the assets of Structurlam and its subsidiaries for $81.1 million.
Facility Cleaning & Maintenance
Essity acquires Canadian apparel manufacturer Knix Wear Inc.
Toronto-based Knix designs and produces a variety of leakproof apparel for periods and incontinence.
Canadian Apartment Magazine
Fengate acquires prime Toronto development site
Fengate Asset Management has acquired a mixed-use development site located in downtown Toronto’s Entertainment District.
Canadian Apartment Magazine
Sienna Senior Living acquires 50% interest in large portfolio
Sienna Senior Living announced it has finalized the acquisition of a 50 per cent ownership interest in 11 assets in Ontario and Saskatchewan.
Canadian Apartment Magazine
Minto acquires interest in two new rental properties
Minto Apartment REIT announced it has acquired interest in two residential properties located in Toronto and Calgary.
REMI Network
Crown acquires 50-acre office community in Mississauga
Crown Realty Partners acquired a 1.2 million square foot office community, located along Mississauga’s Hurontario corridor.
Facility Cleaning & Maintenance
Imperial Dade expands into Canada with Veritiv acquisition
Veritiv’s approximately 900 employees in Canada will become Imperial Dade employees.
Canadian Apartment Magazine
RISE Properties closes 2021 with 7th acquisition
Victoria-based RISE Properties Trust has finished off a busy year with the purchase of its seventh rental property located in the Pacific Northwest.
Canadian Apartment Magazine
CAPREIT acquires apartment portfolio in Kelowna B.C.
CAPREIT announced it has completed the purchase of a Kelowna portfolio consisting of four new low-rise apartment buildings.
Canadian Apartment Magazine
Equiton acquires two Hamilton apartment buildings
Equiton announced it has completed the purchase of two apartment buildings in the Beasley neighbourhood of East Hamilton, Ontario.
Canadian Apartment Magazine
Greyspring Apartments acquires Montreal rental building
Greyspring Apartments announced it has acquired a 13-storey, 105-unit rental apartment located at 1951 Maisonneuve Boulevard East in Montreal.
Canadian Property Management
PROREIT completes $49.3-mill acquisition
The purchase includes six properties - five light industrial buildings in Halifax and one boutique office tower in Ottawa.
Canadian Property Management
True North Commercial acquires the Ottawa Property
True North Commercial has announced it has closed the acquisition of a 107,066 square foot office – the Ottawa Property.
REMI Network
Morguard and partner purchase Jean Edmonds Towers in Ottawa
Morguard announced that it has jointly purchased the Jean Edmonds Towers ("JET") located at 300 Slater Street and 365 Laurier Avenue in downtown Ottawa.
Canadian Facility Management & Design
Entro Communications acquires CVEDesign
Entro Communications has acquired and merged with New York-based CVEDesign. Both firms are highly-regarded environmental graphic design firms.
REMI Network
Genesis Hospitality acquires two Edmonton hotels
The two hotels, part of Platinum Investments’ Edmonton Focused-Service Portfolio, have been sold to Genesis Hospitality Inc.