REIT legislation a factor in $1.2B Canadian Hotel Income sale

08/3/2007 | National Post (Canada)

The $1.2 billion purchase of Canadian Hotel Income Properties by British Columbia Investment Management Corp. followed the introduction of new Canadian federal government guidelines to qualify for REIT status. Canadian Hotel says the legislation was a factor in its decision to sell.

View Full Article in:

National Post (Canada)

Published in Brief: