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The Manitoba Real Estate Association (MREA) a trade association that represents real estate brokers, agents, and salespeople in Manitoba, Canada. [3] Its membership includes more than 2100 individuals (as of 2021 [update] ), who work through one of Manitoba's four real estate boards: [ 3 ] [ 4 ]
Morden is a city located in the Pembina Valley region of southern Manitoba, Canada near the United States border.It is about 11 km (6.8 mi) west of the neighbouring city of Winkler and they are often referred to as Manitoba's Twin Cities. [3]
The company was founded by Sylvan M. Cohen (1914-2001) in 1960 following the passage of the Real Estate Investment Trust Act, which allowed real estate trusts to access money from public investment. [ 1 ] [ 2 ] In 1997, the company acquired The Rubin Organization for $260 million, and founder and chief executive officer Ronald Rubin became CEO ...
A rural municipality (RM) is a type of incorporated municipality in the Canadian province of Manitoba. [1] Under the province's Municipal Act of 1997, an area must have a minimum population of 1,000 and a density of less than 400 inhabitants per square kilometre (1,000/sq mi) to incorporate as a rural municipality. [2]
Dundee REIT was formed in 2003, from the commercial properties of Dundee Realty. [1] The remainder of Dundee Realty was taken over by its major shareholder, Dundee Bancorp (now called Dundee Corporation). [1] In 2007, the company sold its Eastern Canadian assets to GE Real Estate for $2.4 billion, while retaining its Western Canadian assets. [2]
RPT Realty was a real estate investment trust that owned and operated open-air shopping centers. As of December 31, 2022, the company owned 44 wholly-owned shopping centers, 13 shopping centers owned through its grocery anchored joint venture, and 48 retail properties owned through its net lease joint venture comprising 15 million square feet.
A real estate investment trust (REIT, pronounced "reet" [1]) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, studios, warehouses , hospitals , shopping centers , hotels and commercial forests . [ 2 ]
In May 2000, Riocan Real Estate Investment Trust briefly entered discussions into buying First Capital. [3] Gazit Group ended up acquiring the company, which was restructured and renamed First Capital Realty in 2001. [3] Gazit Group (now Gazit-Globe) was a significant shareholder in First Capital up until March 2020. [4]