Tuesday, September 28

OMERS

Commercial Real Estate, FP Finance, OMERS, Ontario Municipal Employees Retirement System, Oxford Properties Group Inc., Real Estate

Oxford Properties buys KKR warehouses in $2.2-billion deal

Breadcrumb Trail Links Real Estate News FP Finance Commercial Real Estate Acquiring 149 distribution properties in 12 US markets Author of the article: Bloomberg News Ari Altstedter Warehouses have been a hot corner of commercial real estate even before the pandemic. Photo by Darren Makowichuk/Postmedia files Article content Oxford Properties Group agreed to buy a portfolio of industrial properties from KKR & Co. for about US$2.2 billion as online shopping continues to drive investors toward warehouses. Article content Oxford, the real estate arm of the Ontario Municipal Employees Retirement System, is acquiring 149 distribution properties in 12 US markets, including Dallas, Phoenix, Chicago and Tampa, according to a statement Tuesday. Warehouses were a hot...