Brief: Tricon Announces Sale Of Its Interest In U.S. Generating $315 Mln Of Proceeds

Tricon Residential

11/10/2022 23:47

Oct 11 (Reuters) - Tricon Residential Inc  TCN.TO :
    * TRICON ANNOUNCES SALE OF ITS INTEREST IN U.S. MULTI-FAMILY
PORTFOLIO, GENERATING $315 MILLION OF PROCEEDS TO REDUCE DEBT
AND FUND FUTURE GROWTH
    * ENTERED INTO AN AGREEMENT TO SELL ITS 20% EQUITY INTEREST
IN ITS
PORTFOLIO OF 23 SUN BELT APARTMENT BUILDINGS

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