Canadian Tire selling at CT REIT (T:CRT)

Canadian Tire Corporation (CTC.A) a 10% Holder, disposed of 744,414 Class B Limited Partnership Units/Special Voting Trust Units on a control or direction basis for registered holder Canadian Tire Holdings III Limited Partnership and 15,191,586 Units on a control or direction basis for registered holder Canadian Tire Real Estate Limited at a price of $12.550 through a prospectus or prospectus exempt offering on November 28th, 2018. This represents a $199,996,800 divestment of the company's shares and an account share holdings change of -11.4%.

CT REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.

CT Real Estate Investment Trust (CT REIT) is a closed-end real estate investment trust. The Trust's principal objective is to create Unitholder value over the long-term by generating reliable, durable and growing monthly distributions on a tax-efficient basis. The Trust is engaged in the ownership and operation of retail investment properties located in Canada. The Trust owns a portfolio of approximately 300 properties, including eight ground leases. The portfolio consists of approximately 300 retail properties, four distribution centers, a mixed-use commercial property and three development properties. Its properties are located in each of the provinces and in two territories across Canada. The retail properties, distribution centers and mixed-use commercial property contain over 24.6 million square feet of gross leasable area (GLA). The Trust's properties are located in urban markets, which include Toronto, Montreal, Vancouver, Ottawa, Calgary and Edmonton.