Canadian Net REIT Announces the Acquisition of a Grocery Store Property in Nova Scotia
NVMINova .(NVMI) GlobeNewswire News Room·2024-10-24 01:20

MONTRÉAL, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) (TSX-V: NET.UN) is pleased to announce the acquisition of a grocery store property operated under the Sobeys banner in Truro, Nova Scotia. The total consideration paid was $9,000,000 (excluding transaction costs) and was settled in cash. “We are excited to announce the acquisition of a single-tenant grocery store, a strategic fit within our business model focused on high-quality, triple net ...