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Northview Apartment REIT files C$750M shelf

Northview Apartment REIT filed a preliminary short-form base shelf prospectus for the sale of up to C$750 million of its securities from time to time for a period of 25 months.

The prospectus covers the units, debt securities and subscription receipts of the Canadian multifamily real estate investment trust.

The company aims to use the net proceeds to fund growth opportunities, for general trust purposes and to repay current or future debt.