Rmcarvalho/iStock via Getty Images Canadian diversified REIT Pro Real Estate Investment Trust (TSX:PRV.UN:CA) said on Thursday that it has closed the sale of three properties for $13.5M. The sale includes $7.0M worth of two non-core retail properties and a $6.5M flex industrial property. The properties total about 57,500 sq. ft.Continue Reading
Middlefield, the manager of Middlefield Global Real Asset Fund, on Tuesday announced that Real Asset intends to merge into Real Estate Split (TSX:RS:CA), a split share corporation founded in 2020. The investment objectives of Real Estate Split are to provide holders of Class A shares with non-cumulative monthly cash distributionsContinue Reading
izusek Real estate stocks edged down in the week ended June 21 after a mixed economic data and the latest housing market update, while the major market averages gained marginally. The Real Estate Select Sector SPDR Fund ETF (NYSEARCA:XLRE) ended the holiday-shortened week 0.13% lower at $38.48. The fund postedContinue Reading
