this post was submitted on 20 Jun 2023
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Waterloo

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Conestoga mall sold for $270m (money.tmx.com)
submitted 2 years ago by BuoyantCitrus to c/waterloo
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...and it's apparently a "trophy"?

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[–] BuoyantCitrus 1 points 2 years ago

Ya they call that out in the post: $900ish/sqft vs their average around $600. I guess trophy makes sense, after all this REIT is essentially a collection of malls that's proud of its new prized possession.