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Firm Capital Property Trust deal clears Competition Bureau inquiry

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The Competition Bureau logo is shown in Gatineau, Que., on Thursday, Jan. 29, 2026. THE CANADIAN PRESS/Justin Tang

TORONTO — Firm Capital Property Trust says its deal to buy a 50 per cent stake in a portfolio of 10 manufactured home communities has cleared a Competition Bureau inquiry.

The trust says closing of the $218-million acquisition is now expected in the third quarter of this year.

Firm Capital Property Trust is buying the portfolio through its joint venture with SunPark Communities LP.

The trust will own 50 per cent of the portfolio while SunPark will own the other half.

The acquisition includes 1,649 sites over 10 properties in Alberta and Saskatchewan.

Firm Capital Property Trust holds a diversified property portfolio of multi-residential, industrial and retail properties.

This report by The Canadian Press was first published June 22, 2026.