business
Ontario-backed High Art Capital pays $22.3-million for 43 unsold Toronto condo units
Bulk purchase at well below market rate is the fund’s first transaction and one of the few of its kind to be revealed publicly
Ontario government-backed investment firm High Art Capital has paid $22.3-million for 43 unsold condo units at new towers in midtown Toronto, an amount well below the market rate.
The bulk purchase is the $1.3-billion fund’s first transaction. The fi... [4193 chars]
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