TimberWest Sold To Pension Funds
Two major pension plan funds have agreed to acquire Vancouver based timber and real estate company TimberWest Forest Corp. in a $1 billion cash deal, including debt. Full details of the deal are available by viewing this Financial Post article.
Couverdon Real Estate Offering
Of interest to Nanaimo and other Vancouver Island communities are the real estate holdings and offering held by this company. A map showing Vancouver Island lands this company offers for sale can be seen HERE.
Of particular interest to the Nanaimo area is land 'coming soon' along the Nanaimo River and a nearly 200 acre parcel identified as Haslam Creek for a price of nearly $3 million which is said to offer excellent topography for mining gravel. This property is near the Nanaimo Airport.
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