Post by
Possibleidiot01 on Jan 09, 2024 9:51am
hidden in Ottawa property sale
The sale price for the Tanglewood property is $32.2 million and all conditions were waived by OCH on December 14, 2023. The sale price for the Chesterton/Bowhill property is $53.8 million and all conditions were waived by OCH on January 8, 2024. Closing of the Transaction is expected to occur in February 2024. Any impact on the REIT's taxable income and potential payment of a special distribution resulting from asset sales will be assessed and communicated later in fiscal 2024.