Strategic Plan to Exit Office
Recent Acquisitions – Case Studies
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Recent investment activity has been focused primarily on mission critical industrial and warehouse properties and
essential retail
W. P. CAREY
coop
coop
coop
365
365
ALTID
7-21
Recent Acquisitions
APOTEX
APOTEX
A ABC TECHNOLOGIES
Coop
February - November 2022 (30 properties)
Purchase Price: $122 million
Transaction Type: Sale-leaseback
Facility Type: Retail (Grocery)
Location: Various, Denmark
Size: 479,444 square feet
Lease Term: 15-year lease
Rent Escalation: Danish CPI
Apotex
April 2023 (11 properties)
Purchase Price: $468 million
Transaction Type: Sale-leaseback
Facility Type: Industrial / Warehouse
Location: Various, Canada
Size: 2,268,417 square feet
Lease Term: 20-year lease
Rent Escalation: Fixed (with all rent paid in USD)
ABC
April 2023 (9 properties)
Purchase Price: $98 million
Transaction Type: Sale-leaseback (follow-on deal
with existing tenant)
Facility Type: Industrial
Location: Various, U.S. (4) / Canada (3) Mexico (2)
Size: 1,225,951 square feet
Lease Term: 20-year lease
Rent Escalation: Fixed (with all rent paid in USD)
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