Crombie REIT Buys Portfolio of Sobey’s Stores

Crombie Real Estate Investment Trust said last week it had agreed to purchase a portfolio of 11 Canadian retail properties anchored by Sobeys stores from Sobeys parent Empire Cos. Ltd. for about $100 million (U.S.).

STELLARTON, Nova Scotia — Crombie Real Estate Investment Trust said last week it had agreed to purchase a portfolio of 11 Canadian retail properties anchored by Sobeys stores from Sobeys parent Empire Cos. Ltd. for about $100 million (U.S.).

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