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Crombie REIT has entered into joint venture partnerships with Montez Corporation to enhance value creation in Halifax, Nova Scotia, notably through Montez acquiring a 50% interest in The Marlstone, a major mixed-use residential project under construction. The deal also includes future redevelopment collaborations on Barrington Street and Brunswick Place.
Parties
Company
Crombie Real Estate Investment Trust
Company
Montez Corporation
Deal Type
Joint VentureIndustry
InfrastructureTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date