trending Market Intelligence /marketintelligence/en/news-insights/trending/o5r0g5pgwug4dvf_h4k56g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Cominar REIT closes C$1.14B sale of Canadian property portfolio

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Cominar REIT closes C$1.14B sale of Canadian property portfolio

Cominar Real Estate Investment Trust completed the sale of its noncore Canadian property portfolio to Slate Acquisitions Inc. and its designees for C$1.14 billion in gross proceeds.

The portfolio consists of 37 industrial and mixed-use assets, 35 office assets and 23 retail assets totaling 6,161,000 square feet across greater Toronto, the Atlantic provinces and Western Canada.

Cominar CEO and President Sylvain Cossette said in a release that the transaction allows the diversified real estate investment trust to focus on its core markets portfolio in Montreal, Québec City and Ottawa.

The company plans to use the net proceeds to repay debt and for general trust purposes.

Under the deal terms, Slate will assume roughly C$106.2 million of mortgage debt.