Deal Snapshot
URBANFUND ACQUIRES STAKE IN BRAMPTON INDUSTRIAL COMPLEX FOR USD 4.7M
Tuesday 14 November 2017

Canada-based real estate development and operating company Urbanfund Corp. (TSX Venture: UFC), in combination with Canada-based private equity company Takol Real Estate Inc., it has acquired a stake in Canada-based property Bramptom Industrial Complex, the company said.
The property was acquired for USD 4.7m. Urbanfund will hold an undivided 50% interest in the property, as will its joint venture partner, Takol. Each party invested USD 1.8m (inclusive of purchase price deposits).


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 14/11/2017
Target: Bramptom Industrial Complex
Country: Canada
Deal Size: 4.7m (USD)
Sector: Construction/Real Estate
Type: JV
Financing: Cash
Status: Closed
Vendor:
Buyer: Urbanfund, Takol Real Estate
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