RENX - Real Estate News Exchange • Real Estate News Exchange
WEBReal Estate News Exchange (RENX) c/o Squall Inc. P.O. Box 1484, Stn. B Ottawa, Ontario, K1P 5P6 [email protected] Canada: 1-855-569-6300
Blackstone opens Toronto office, plans more Canadian investment
WEBSep 28, 2023 · Nadeem Meghji, Blackstone senior managing director and head of real estate Americas. (Courtesy Blackstone) Now that Blackstone has formally opened its Canadian office in downtown Toronto, the world's largest private equity investor is doubling down on its stated goal to increase its Canadian real estate holdings.. Nadeem Meghji, Blackstone's Canadian-born senior managing director and head of ...
CAPREIT bulks up liquidity with $740M portfolio sale to TPG: CEO
WEBJul 15, 2024 · CAPREIT has an agreement to sell its Canadian portfolio of 75 manufactured homes communities (MHC) to TPG Real Estate for $740 million, a move president and CEO Mark Kenney calls a major step toward becoming a pure-play apartment REIT.. The communities comprise a total of 12,138 residential lots. “The portfolio was unencumbered so it represented an opportunity to really get a lot of ...
Colonnade BridgePort readies huge Ottawa development pipeline
WEBDec 20, 2023 · Ottawa’s skyline will undergo a radical change during the coming decade. Leading the transformation will be Colonnade BridgePort, a home-grown firm with a 14-tower pipeline to develop at five sites in the city. It plans to start in 2024.
Navigating Canada’s housing crisis - RENX
WEBDec 5, 2023 · Canada’s housing crisis remains an ongoing topic, gaining significant attention in the media and everyday conversations. As a necessity, there is little doubt that housing plays a critical role in everyone’s lives. Some of the multifaceted challenges the housing market is experiencing currently include increased prices, escalating mortgage ...
Rester completes ELAD Canada purchase for up to $528M
WEBJun 2, 2021 · Rester Management has completed its acquisition of ELAD Canada for a price that could reach $528 million, including future payments and earnouts which are part of the sale agreement.. A Wednesday morning release issued by ELAD said $342 million has been paid by Rester to the previous owner of ELAD, Israeli-based ELAD Group.
Winnipeg • RENX - Real Estate News Exchange • Real Estate News …
WEBReal Estate News Exchange (RENX) c/o Squall Inc. P.O. Box 1484, Stn. B Ottawa, Ontario, K1P 5P6 [email protected] Canada: 1-855-569-6300
Crestpoint acquires downtown Toronto 121 King W. office tower
WEBApr 27, 2022 · Crestpoint Real Estate Investments Ltd. says it has topped the $2-billion mark in acquisitions over the past 12 months with the announcement it has bought the 25-storey 121 King St. W. office tower in Toronto’s financial district.. Toronto-based Crestpoint says it made the investment in the property on behalf of its open-ended Crestpoint Core Plus Real Estate Strategy Fund and an unnamed ...
Alterra, DBS, Platinum Vista plan 59-storey Toronto condo
WEBAug 18, 2023 · Real Estate News Exchange (RENX) c/o Squall Inc. P.O. Box 1484, Stn. B Ottawa, Ontario, K1P 5P6 [email protected] Canada: 1-855-569-6300
Huge global players drive Canada’s data centre growth - RENX
WEBApr 26, 2021 · Demand from cloud service providers and large technology companies was responsible for Toronto logging the second-highest data centre leasing activity in North America in 2020, according to CBRE’s latest North American data centre trends report.. The Ontario capital had 38.1 megawatts (MW) of data centre absorption, while Montreal ranked ninth in North America with 11 MW of net absorption.