Another Acquisition -looking strong going forwardAnother nice acquistion. We should be moving higher over the summer. Nice if they increased the dividend. Looking good:
MONTREAL, June 21, 2018 (GLOBE NEWSWIRE) -- (TSX-V:GAZ.UN) Fronsac Real Estate Investment Trust (“Fronsac”) is pleased to announce the acquisition of a property located on Iberville Boulevard, a highly trafficked artery in the city of Repentigny, Qc. The property is leased to Pharmaprix. It was acquired from Riocan Real Estate Investment Trust (“Riocan”) for a total consideration of $6,250,000 (excluding transaction costs) and was settled in cash. There were no previous ties between Fronsac and Riocan prior to the transaction. Colliers International, Capital Markets Group, advised the vendor on the transaction.