American luxury rental apartment owner GO Residential pulls off $560-million IPO in Canada
GO Residential Real Estate Investment Trust, a luxury rental apartment owner in New York City, pulled off its US$410-million initial public offering on the Toronto Stock Exchange, pricing its units at US$15 apiece.
After converting to Canadian dollars, GO Residential is raising $560-million, making it one of the largest-ever real-estate IPOs in Canada.
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