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Crombie REIT picks up trio of retail properties in Atlantic Canada

EM Real Estate sells outlets leased to Sobeys grocery store chain
Crombie REIT, a Nova Scotia-based grocery chain closely linked to Sobeys, has acquired three new retail properties in Atlantic Canada. (Bloomberg via Getty Images)
Crombie REIT, a Nova Scotia-based grocery chain closely linked to Sobeys, has acquired three new retail properties in Atlantic Canada. (Bloomberg via Getty Images)

EM Real Estate, a Montreal company that holds a significant portion of its real estate assets in Atlantic Canada, has sold three retail properties in the region to Crombie Real Estate Investment Trust, a company closely linked to the Sobeys grocery chain.

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