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Primaris Real Estate Investment Trust completed the purchase of Halifax Shopping Centre and the Annex in Halifax, Nova Scotia in a deal valued at $370 million.
The Halifax Shopping Centre was operated by Cushman & Wakefield Asset Services Inc., on behalf of OPB Realty Inc., a real estate arm of the Ontario Pension Board.
Desjardins Capital Markets, TD Securities and CBRE Canada acted as advisors to Primaris REIT.
Parties
Company
Primaris Real Estate Investment Trust
Company
Cushman & Wakefield Asset Services Inc.
Deal Type
Merger & AcquisitionIndustry
InfrastructureTransaction
$ 370,000,000Deal Status
ClosedClosing Date
30 November 2023