{"id":796179,"date":"2022-06-06T15:04:29","date_gmt":"2022-06-06T13:04:29","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/choice-properties-real-estate-investment-trust-and-loblaw-companies-limited-announce-industrial-development-in-the-gta\/"},"modified":"2023-07-10T17:47:28","modified_gmt":"2023-07-10T15:47:28","slug":"choice-properties-real-estate-investment-trust-and-loblaw-companies-limited-announce-industrial-development-in-the-gta","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/choice-properties-real-estate-investment-trust-and-loblaw-companies-limited-announce-industrial-development-in-the-gta\/","title":{"rendered":"Choice Properties Real Estate Investment Trust and Loblaw Companies Limited Announce Industrial Development in the GTA"},"content":{"rendered":"TORONTO--(BUSINESS WIRE)--Choice Properties Real Estate Investment Trust (\u201cChoice Properties\u201d or the \u201cTrust\u201d) (TSX: CHP.UN) and Loblaw Companies Limited (\u201cLoblaw\u201d) (TSX: L) announced today that the Trust exercised its previously announced equity conversion right from Rice Group to acquire a 75% ownership interest in 154 developable acres of industrial land in East Gwillimbury in the Greater Toronto Area (the \u201cProperty\u201d), and that Loblaw intends to build a 1.2 million square foot, automated, multi-temperature industrial facility on part of the Property to add capacity and create new capabilities for the retailer (the \u201cDistribution Facility\u201d). The Property is strategically located at the corner of Highway 404 and Green Lan<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>TORONTO&#8211;(BUSINESS WIRE)&#8211;Choice Properties Real Estate Investment Trust (\u201cChoice Properties\u201d or the \u201cTrust\u201d) (TSX: CHP.UN) and Loblaw Companies Limited (\u201cLoblaw\u201d) (TSX: L) announced today that the Trust exercised its previously announced equity conversion right from Rice Group to acquire a 75% ownership interest in 154 developable acres of industrial land in East Gwillimbury in the Greater [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-796179","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - 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