Toronto-based Canadian Apartment Properties REIT has agreed to pay $391 million to buy 1,503 rental suites in Halifax, Nova Scotia, from QuadReal. It’s a move that more than doubles its presence in the largest city in the Maritimes.
Canadian Apartment Properties Looks to Halifax for Growth
Deal for 1,503 Suites Valued at $391 Million Would Double Size of REIT's Portfolio in Maritimes City
By Garry Marr
CoStar News
December 12, 2019 | 4:55 P.M.
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IN THIS ARTICLE
- Properties
- Cunard Apartments
2065 Brunswick St, Halifax, NS
- Halifax Apartments – Scotia Tower
1991 Brunswick St, Halifax, NS
- The Macdonald
5885 Cunard St, Halifax, NS
- Halifax Apartments – The Plaza
1881 Brunswick St, Halifax, NS
- Halifax Apartments – MacKeen Towers
2001 Brunswick St, Halifax, NS
- Companies
- Canadian Apartment Properties REIT
Real Estate