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H&R REIT and a consortium led by KingSett Capital acquired Primaris Retail REIT, owner of such properties as Kelowna, B.C.’s Orchard Park Shopping Centre, the biggest M&A deal in Canada in 2013, as of May 1.
H&R REIT and a consortium led by KingSett Capital acquired Primaris Retail REIT, owner of such properties as Kelowna, B.C.’s Orchard Park Shopping Centre, the biggest M&A deal in Canada in 2013, as of May 1.
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What CIBC predicts for REITs this year and five picks

Compared with Canaccord Genuity, which earlier this week forecast double-digit returns for Canadian real estate investment trusts this year, CIBC World Markets is almost sounding downbeat.

In its own outlook for the REIT sector today, CIBC forecast total returns – including distributions – of zero per cent to 10 per cent.