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