Trading at cap rates of 6.25% and 6.75%
Approved for more than 1,000 residential units
The building finished construction earlier this year
The property is fully occupied
The firm also sold a property in Charlottetown for $23m
Supporting Forum's acquisition of Alignvest Student Housing
The developer is proposing 18 storeys on a transit-oriented site
The two companies divvied up 39 jointly owned assets.
Reports indicate an uptick in vacancy, but market fundamentals are strong