InterRent completes $18.9 million portfolio acquisition in Vancouver with Crestpoint

13 April 2021

On April 13, 2021, InterRent Real Estate Investment Trust (TSX: IIP.UN), together with Crestpoint Real Estate Investments Ltd., completed the previously announced acquisition of two buildings with 45 suites in Vancouver for a purchase price of $18.9 million. InterRent and Crestpoint each now own a 50% interest in the portfolio of acquired properties.

Gowling WLG advised InterRent in this transaction with a team led by Mark Ferbers consisting of Jessica Ma, Kathy Tran and Hannah Thomson, assisted by law clerk Kathy Jiang.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.