AIP Realty Trust A (TSE:AIP.U) has released an update.
AIP Realty Trust has announced a significant acquisition of AllTrades Industrial Properties, aiming to expand its portfolio of light industrial assets. The transaction involves a strategic investment from Plymouth Industrial OP, LP, with an anticipated purchase price of up to $78.7 million. This move represents a major step in AIP’s expansion plans within the industrial real estate market.
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