CALGARY, Dec. 21, 2016 /CNW/ – Cervus Equipment Corporation (TSX: CVL) today announced that it has completed the long term sale and leaseback of approximately $55.7 million of real estate owned by the company. Pursuant to the transaction, Cervus sold the land and buildings where it operates 11 dealerships and leased back those properties with… [Read More]
Cervus Reaches Agreement for Sale and Lease-back of Real Estate Portfolio
CALGARY, Nov. 10, 2016 /CNW/ – Cervus Equipment Corporation (“Cervus” or the “Company”) (TSX: CVL) today announced that it has entered into a definitive agreement with a single purchaser for the long-term sale and leaseback of approximately $55.7 million of real estate currently owned by the Company. The agreement provides for the sale of the… [Read More]