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Canadian Net REIT Announces the Acquisition of Three Properties in Quebec

Provided By GlobeNewswire

Last update: Jan 21, 2025

MONTRÉAL, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) (TSX-V: NET.UN) is pleased to announce the acquisition of three properties in Saguenay, Quebec. The acquired properties include a grocery store operating under the IGA banner, a pharmacy under the Jean-Coutu banner, and a bank under the National Bank of Canada banner. The total purchase price was $12,000,000 (excluding transaction costs), paid in cash.

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