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Written by THE CANADIAN PRESS
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Thursday, 02 October 2008 |
This is an image showing recruitment advertisements for the British security service MI6 made available by the advertising consultants TCS Monday June 20, 2008. THE CANADIAN PRESS/AP, HO - TCS
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WINNIPEG - Huntingdon Real Estate Investment Trust (TSX:HNT.UN), a Winnipeg-based property trust, says it has sold properties in Winnipeg and Red Deer, Alta. for $11.3 million.
The Winnipeg sale will close Nov. 1 and the Red Deer sale closed Sept. 1, Huntingdon said Monday.
The total gain on the two property sales totals $1.5 million, with $4.8 million in net cash proceeds after repaying the mortgage.
The trust, which put itself up for sale during the summer, owns 79 income producing office, industrial, retail and standalone parking lot properties in Manitoba, Ontario, Saskatchewan, Alberta, British Columbia and the Northwest Territories.
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Last Updated ( Thursday, 02 October 2008 )
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