Hillcore acquires Beverly Corners Marketplace in Duncan, BC.
Hillcore Real Estate Investments Ltd. today announced the acquisition of the Beverly Corners Marketplace in Duncan, BC. The property is a fully tenanted institutional-grade retail investment asset. The 7.58 acre property is improved with 4 buildings comprising 98,476 square feet. The property is anchored by Thrifty Foods as well as a large privately owned liquor […]
HREIL sells 26 building portfolio
Hillcore Real Estate Investments sells a 26 building portfolio of retail properties for $32.25M to a venture exchange traded REIT. The Centre Ice Retail Portfolio sale comprised 26 single-tenant and multi-tenant retail properties located across Canada. The 230,000 square foot portfolio had properties that ranged from 3600 square feet to 38,000 square feet and whose […]
HREIL closes acquisition of Vista Heights Office Complex in Calgary
26 June 2013, Toronto, Ontario – Hillcore Real Estate Investments Ltd. (“HREIL”) is pleased to announce that today, in partnership with Romspen Real Estate Equities Ltd. (“Romspen”) and a group of limited partners, that we have closed the acquisition of the 196,000 sq ft Suburban Class A Vista Heights Office Complex in Calgary. This acquisition […]
Hillcore Real Estate and Romspen Joint Venture for $500 Million in Real Estate Investments
20 June 2013, Toronto, Ontario – Hillcore Real Estate Investments Ltd. (“HREIL”) is pleased to announce that it has entered into a JV arrangement with Romspen Real Estate Equities Ltd. (“Romspen”) to build a portfolio of income producing properties through selective acquisitions. The JV’s first acquisition closed in August 2012 when HREIL and Romspen purchased […]
Abacus Real Estate Investments Ltd. creates significant value for investors and partners through its 2010-2011 dispositions
March 19, 2012, Vancouver, BC – Abacus Private Equity (“Abacus”) is pleased to announce that its real estate investment division, Abacus Real Estate Investments Ltd. (“AbREIL”), completed a number of property sales in the last 15 months realizing significant gains on its investments. “We are very pleased with the results of our disposition program. By […]
Sale of North Bay mixed-use property to local investor – completion of divestiture program for Heritage Office Property portfolio for $20.1 million
March 24, 2011 – Abacus Real Estate Investments sells 110-118 Main Street in North Bay for $500K to a local investor. 110-118 Main Street is an approximately 13,000 square foot mixed use property. Major tenants include the H&R Block and Pita Pit restaurant. Abacus acquired the property as part of a portfolio purchase in July […]
Sale of Toronto office building for $19 million
Sept 30, 2010 – Abacus Real Estate Investments sells 252-264 Adelaide Street East and 49 Front Street East in Toronto for $19.0M to a major REIT. 252-264 Adelaide is a 52,000 square foot office property with major historical significance as it was built in 1837 as the original Bank of Upper Canada Building. Major tenants […]
Sale of Ottawa Class A office building for $33.7 million
Sept 16, 2010 – Abacus Real Estate Investments sells 150 Metcalfe Street in Ottawa for $33.65M to a major REIT. 181 Metcalfe Street is a 108,000 square foot Class A office property located in Ottawa’s CBD. Major tenants include the EU and Norwegian Embassies as well as the Federal Government and several major law firms. […]
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