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Crombie REIT to sell off stake in Halifax developments

Real estate arm of grocery giant Empire Company formed partnership with Montez to unlock development value
Crombie REIT is selling a 50% interest in this mixed-use Halifax development, The Marlstone. (Crombie REIT)
Crombie REIT is selling a 50% interest in this mixed-use Halifax development, The Marlstone. (Crombie REIT)
CoStar News
April 11, 2025 | 7:57 P.M.

Crombie Real Estate Investment Trust, the real estate arm of one of Canada's largest grocery chains, has agreed to a joint venture that will see it sell a 50% stake in one of its mixed-use projects in Halifax.

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