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Starlight, KingSett's $4.8 Billion Deal to Buy Northview Apartment REIT Could Drive Valuations Higher

Investors See Further Upside in Canadian Apartments Despite Record Valuations
Northview Apartment Real Estate Investment Trust's apartment portfolio includes properties in Calgary. (CoStar)
Northview Apartment Real Estate Investment Trust's apartment portfolio includes properties in Calgary. (CoStar)
CoStar News
February 20, 2020 | 4:06 P.M.

Starlight Investments and KingSett Capital have agreed to buy Northview Apartment Real Estate Investment Trust in a deal valued at $4.8 billion that will pay unitholders a cash consideration of $36.25 per unit.

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