In the News

Corporate Raider Sets His Eyes on Staid World of Canadian REITs

May 11, 2022

When COVID-19 upended the global property market two years ago, few companies seemed as poorly positioned for the new normal as Artis Real Estate Investment Trust.... Read More

Cominar Announces Closing of Arrangement Transaction

March 1, 2022

Cominar Real Estate Investment Trust today announced the closing of the plan of arrangement transaction, pursuant to which all of Cominar's issued and outstanding units... Read More

Canderel-Led Consortium Agrees to Acquire Cominar for $5.7B, $11.75 Per Unit, in an All-Cash Transaction; Mach to Acquire $1.5B of Properties as Part of the Transaction

Oct 24, 2021

Transaction provides compelling value and immediate liquidity to unitholders following an extensive and rigorous Strategic Review Process... Read More

Creating a Unified Vision - How Some Activists are Working with Boards and Management

January 15, 2019

When public company management and boards dissatisfy shareholders, they may join forces to enact positive change through many avenues, including engaging in a proxy battle... Read More

Sandpiper Group set to overhaul five more Canadian real estate entities this year

January 8, 2019

Sandpiper Group, the private-equity firm that overhauled the boards of two real estate investment trusts, is getting ready to shake up other Canadian property companies... Read More

The Untapped Market That’s Ripe for Activists

July 30, 2018

A former Canadian pension fund CIO wonders why more investors aren’t doing private equity–style plays in a certain stock market... Read More

Activists seek to unlock value in Canadian real estate sector

October 6, 2017

Acitivist investors are stepping up campaigns to drive change in Canada's C$67 billion ($53.3 billion) real estate investment trust sector... Read More

Sandpiper – Vancouver’s triumphant proxy warrior, Business in Vancouver

July 11, 2017

When a canadian public company becomes the target of a proxy battle, it is usually a new York hedge fund or private equity firm leading... Read More

Granite shakeup a ‘wake-up call’ for boards, Globe and Mail

June 22, 2017

The fight for control of Canada's largest industrial landlord was a nasty, public ordreal, the likes of which is much more common south of... Read More

Dissidents hold sway at Granite

June 17, 2017

The bruising proxy battle at Granite REIT ended rather meekly Wednesday with a release indicating three incumbent trustees and directors... Read More