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  • Canadian Net REIT  (NET.UN) has acquired four commercial properties for $18,800,000
  • The properties are located in Nova Scotia and Québec
  • Canadian Net Real Estate Investment Trust acquires and owns commercial real estate properties
  • Canadian Net Real Estate Investment Trust (NET.UN) opened trading at C$7.32

Canadian Net REIT  (NET.UN) has acquired four commercial properties in Nova Scotia and Québec for $18,800,000.

The first property is a 30,500 square foot retail store operated under the Giant Tiger banner in Truro, Nova Scotia, which closed on May 19, 2022.

The second property is a 29,698 square foot grocery store operated under the Metro banner located in Chénéville, Québec, which closed on May 24, 2022.

The third property is a 35,991 square foot grocery-anchored retail strip located in St-André-Avellin, Québec, which closed on May 24, 2022.

The fourth property is a 3,500 square foot service-station operated under the Couche-Tard banner in St-Jérôme, Québec, which closed on May 24, 2022.

Canadian Net Real Estate Investment Trust is an open-ended trust that acquires and owns high-quality triple net and management-free commercial real estate properties.

Canadian Net Real Estate Investment Trust (NET.UN) opened trading at C$7.32.

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