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Cadillac Fairview and Ivanhoe Cambridge sell Cataraqui Town Centre to Primaris Retail REIT

Date Closed

August 19, 2010

Lead Office

Toronto

Value

168.00 Million CAD

On August 19, 2010, co-owners Cadillac Fairview and Ivanhoe Cambridge, completed their sale of the Cataraqui Town Centre in Kingston, Ontario to Primaris Retail REIT for approximately C$168 million.

Primaris Retail REIT, headquartered in Toronto, Ontario, is an unincorporated, open-ended real estate investment trust.

Ivanhoe Cambridge, headquartered in Montreal, Quebec, is a property management and development company.

Cadillac Fairview, headquartered in Toronto, Ontario, is an investor, owner and manager of commercial real estate.

McCarthy Tétrault LLP represented Primaris Retail REIT, with a team led by Abraham Costin.

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