Daily insights for city builders, delivered every morning at 6 AM ET. I’m Brandon Donnelly — a Toronto-based real estate developer and founder of Globizen. I’ve been writing here since 2013.

Slate closes on $1.14 billion asset portfolio

Today, the Slate Canadian Real Estate Opportunity Fund I closed on a 6.2 million square foot portfolio that it previously announced it was acquiring from Cominar Real Estate Investment Trust for approximately $1.14 billion.  

The portfolio includes office, retail, and industrial properties in the GTA, Atlantic Canada, and Western Canada. This brings Slate Asset Management’s total assets under management to over $5 billion.

Great work team Slate.

Leave a Reply

Your email address will not be published. Required fields are marked *