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Pandemic Delays Biggest Canadian REIT Deal of 2020

Calgary-Based Northview Says $4.8 Billion Purchase by KingSett, Starlight Awaits Final Approvals

Northview Apartment REIT’s holdings include property in Calgary. (CoStar)
Northview Apartment REIT’s holdings include property in Calgary. (CoStar)

The largest Canadian real estate investment trust deal of 2020 has hit an obstacle, but the $4.8 billion purchase of Calgary-based Northview Apartment REIT should still close this year.

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