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Northview Apartment REIT sells noncore Saskatchewan portfolio in Q2

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Northview Apartment REIT sells noncore Saskatchewan portfolio in Q2

Northview Apartment REIT disposed of its noncore portfolio comprising 240 units in Saskatoon, Saskatchewan, for C$19.0 million during the second quarter.

In the same period, the Canadian multifamily real estate investment trust acquired 0.6 acres of land for future development in Ajax, Ontario, for C$1.7 million, excluding closing costs.