Dream Office to sell 50 pct stake in Scotia Plaza to KingSett, AIMCo: Reuters
Real estate investment trust Dream Office REIT said it would sell a 50 percent interest in Scotia Plaza, Canada's second tallest office building, to KingSett Capital and Alberta Investment Management Corp (AIMCo), Reuters reported. Dream Office, which would continue to own a 50 percent interest in the property, said it will receive net proceeds of about US$115 million before closing costs and adjustments.
21 June 2016•1 min read
