Apr. 17, 2024 - In this article, originally published in Natural Resources Law Network, Davies lawyers Sarah Powell, Zachary Silver and Robyn Barabash explain how new climate disclosure rules and standards have emerged in North America, focusing on recent developments from the U.S. Securities and...
Announcement
Cominar to Be Sold to Iris Acquisition for $5.7 Billion
Davies is acting as counsel to Cominar REIT, one of Canada’s largest diversified real estate investment trusts and the largest commercial property owner in Québec, in its $5.7-billion sale to Iris Acquisition II LP, an entity created by a consortium led by Canderel Real Estate Property Inc., one of Canada’s largest privately held real estate companies.
Davies advised Cominar from its initial public offering to this major transformative transaction – one of the largest and most complex undertaken in the Canadian real estate sector in the past few years.
The transaction is subject to the usual closing conditions and is expected to be finalized in the first quarter of 2022.
The Davies team advising Cominar on this transaction includes Sébastien Roy and Amélie Doyon (M&A); Sébastien Thériault and Sylvie Samson (Commercial Real Estate); Marie-Emmanuelle Vaillancourt (Tax); Mark C. Katz and Jim Dinning (Regulatory); Véronique Gaumond-Carignan and Marie-Claude Bellemare (Environment).
Related
Federal Budget 2024: How It Impacts You and Your Business
Apr. 16, 2024 - On April 16, 2024 (Budget Day) the Honourable Chrystia Freeland, Deputy Prime Minister of Canada and Minister of Finance, delivered the Liberal Party’s federal budget (Budget 2024). Budget 2024 included a number of proposed changes to the Income Tax Act (ITA) and other tax legislation. ...
