Montreal-headquartered PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has acquired a six-asset portfolio of Winnipeg industrial properties for $96.5 million from Parkit Enterprise Inc. (TSX.V: PKT). The portfolio encompasses 678,177 square feet of gross...
The memecoin Purple Pepe (PURPE) has gained its first acceptance as the payment format on a real estate transaction. Missouri-based real estate developer Daniel Westermier is now accepting PURPE as payment for a commercial property in Sedalia, Missouri. According to...
The Walt Disney Company (NYSE: DIS) has announced plans for its first Middle East theme park destination at Abu Dhabi in the United Arab Emirates. Disney Abu Dhabi will be the company’s seventh theme park. It will be located at the waterfront of Yas Island and will be...
The Rite Aid Corporation has filed for bankruptcy for the second time in 18 months. The Philadelphia-headquartered pharmacy chain announced it was “pursuing a strategic and value-maximizing sale process for substantially all of its assets.” The company added that its...
The New England-focused retailer Smithland Pet & Garden Centers announced it will be closing its 13-store chain. The company, which operated over the past four decades under different names including myAgway, Dave’s Soda and Pet City, offered a selection of...