Bullboard - Stock Discussion Forum Crombie Real Estate Investment Trust CROMF

Primary Symbol: T.CRR.UN

Crombie Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The principal business of the Company is investing in income-producing retail, retail-related industrial, mixed-use, and office properties in Canada. Its portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-used residential properties in Canada's urban and... see more

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TSX:CRR.UN - Post Discussion

Crombie Real Estate Investment Trust > CLOSING OF $200 MILLION EQUITY FINANCING

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Post by Betteryear2 on Jan 31, 2022 8:31am

CLOSING OF $200 MILLION EQUITY FINANCING

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

NEW GLASGOW, NS, Jan. 31, 2022 /CNW/ - Crombie Real Estate Investment Trust ("Crombie" or the "REIT") (TSX: CRR.UN) announced today that it has closed its previously announced offering, on a bought-deal basis, of $117 million of trust units (the "Units") at a price of $17.45 per Unit to a syndicate of underwriters co-led by Scotiabank and BMO Capital Markets.

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