trending Market Intelligence /marketintelligence/en/news-insights/trending/cU2-0LPnC1YME2Ls9vZWAw2 content esgSubNav
In This List

CT REIT discloses Q2 property acquisitions

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model

Video

How to use ESG Heat Maps in Credit Risk Analysis


CT REIT discloses Q2 property acquisitions

CT Real Estate Investment Trust, in reporting its second-quarter results, disclosed three new investments worth a total of C$29 million, which are expected to result in a weighted average cap rate of 6.5% upon completion.

The acquisition of the three properties, totaling approximately 163,000 square feet of incremental gross leasable area, will be funded through the issuance of class B limited partnership units and/or class C limited partnership units to Canadian Tire Corp. Ltd., cash and/or draws on the company's credit facility.

The REIT completed C$44 million worth of investments in the second quarter. These included the development of a new Canadian Tire store in Sherwood Park, Alberta, and other projects.