BRIEF-CT REIT announces agreement to acquire and lease back distribution centre property in Calgary

Fri Apr 1, 2016 8:15am EDT
 
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April 1 (Reuters) - Ct Real Estate Investment Trust

* Ct real estate investment trust announces agreement to acquire and lease back distribution centre property in calgary, alberta

* Total investment of approximately $84 million

* To acquire a facility of approximately 660,000 square feet and seven acres of excess land from sears canada inc

* Transaction remains subject to standard closing conditions and is expected to close in april 2016 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)