HICL Infrastructure to acquire RCMP HQ property for $53 mln

HICL Infrastructure, an infrastructure investment firm advised by InfraRed Capital Partners, has agreed to purchase a 99.9 percent interest in the Royal Canadian Mounted Police 'E' Division headquarters project in Surrey, British Columbia. The acquisition is priced at about $53 million. The property is being sold by a fund affiliate of InfraRed, a London-based infrastructure and real estate investor, and requires shareholders' approval. The deal is HICL's third in Canada.

17 July 2015•4 mins read
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