Access here alternative investment news about Btb Announces It Finalized The Acquisition Of Two Class A Life-science And Tech Suburban Office Properties Located In The Montréal Technoparc Bringing Btb's Total Asset Valuation Past $1B | Benzinga
Real Estate

Btb Announces It Finalized The Acquisition Of Two Class A Life-science And Tech Suburban Office Properties Located In The Montréal Technoparc Bringing Btb's Total Asset Valuation Past $1B | Benzinga

by benzinga.com posted 3weeks ago 163 views
MONTRÉAL, Nov. 8, 2021 /CNW Telbec/ - BTB Real Estate Investment Trust (TSX:BTB) ("BTB" or the "REIT") announces it finalized the previously announced acquisition of two class A office buildings, situated in the heart of the Montréal Technoparc ("Technoparc"), located at 2344 and 2600 Alfred-Nobel Boulevard (the "Properties") in the Saint-Laurent borough of Montréal, province of Québec. ABOUT THE ACQUISTION The acquired Properties are outstanding Class A office buildings built in 2009 and 2015, respectively, by one of Canada's best developers, Broccolini Construction. The aggregate purchase price for the Properties, excluding transaction costs is $74 million.

In this article