Aird & Berlis LLP represented Canadian Real Estate Investment Trust (CREIT) in its acquisition from RioCan Real Estate Investment Trust of two retail centres situated in Quebec City, Quebec and one retail centre situated in Moncton, New Brunswick. CREIT acquired a 50% managing interest in the Quebec properties, commonly known as “Sainte Foy Centre” and “Mega Centre Lebourgneuf”, with the remaining 50% interest in such properties being acquired by a subsidiary of OPTrust Realty Inc., and a 100% interest in the Moncton property, commonly known as “Wheeler Park Power Centre”. The total purchase for the three properties was approximately $301 million.

Aird & Berlis LLP is pleased to announce that our firm has joined forces with the David Foster Foundation (DFF). The Foundation was established in 1986 by 16-time Grammy award winning Canadian performer, writer and producer David Foster to provide funding for the non-medical expenses to the families of Canadian children needing life-saving organ transplants.