Canada
Bentall Buys Back Tower for $396M
VANCOUVER-Bentall Kennedy developed the 33-story Bentall V tower in 2002, and has now purchased the building from Deka Immobilien, which bought the office for $300M in 2009. FULL STORY
Artis Contracts in Canada, US for $336M
WINNIPEG-The trust is buying office and industrial portfolios, and a retail center, in two Canadia provinces, Minneapolis (including the Caribou Coffee HQ) and Scottsdale, AZ. FULL STORY
Avison, JLL Tout Canada’s Cash-Heavy Markets
TORONTO-Brett Miller, new president of JLL Canada, and Avison Young CEO Mark Rose talk to GlobeSt.com’s Robert Carr about how frugality has grown one of the top CRE countries. FULL STORY
Chartwell, Health Care REIT Close $936M Buy
MONTREAL-Maestro Group is selling its entire portfolio of seniors housing to the venture, with the Toledo, OH-based trust shouldering most of the purchase to enter the country. FULL STORY
Tricon Makes $160M CRE Investment in Texas
DALLAS-The Canadian investment company is partnering with developers on two projects: A 60-acre land buy near the Dallas CBD and on the 3,200-acre Cross Creek Ranch master-planned development. FULL STORY
Simon Expands Outlet Centers to Canada, Brazil
INDIANAPOLIS-Simon Property Group recently announced the construction of Toronto Premium Outlets in Halton Hills, Canada, and in Sao Paulo in Brazil. FULL STORY
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BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.
