Nova Scotia-based Crombie REIT is expanding its residential holdings in Vancouver. It agreed to pay $133 million to acquire the remaining 50% of an apartment development it owns with Westbank Corp.
Crombie REIT to increase residential presence in Vancouver
Nova Scotia-based REIT agrees to pay Westbank $133 million to gain full ownership of Zephyr project
By Garry Marr
CoStar News
September 30, 2024 | 6:12 P.M.
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IN THIS ARTICLE
- Properties
- Zephyr
1661 Davie St, Vancouver, BC
- Companies
- Crombie Real Estate Investment Trust
Real Estate
- Westbank Corp
Real Estate
- Contacts
- Mark Holly
President & Chief Executive Officer, Crombie Real Estate Investment Trust