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Category: Commercial

Blackstone opens Toronto office, plans more Canadian investment

Don Wilcox Commercial Blackstone Real Estate National Sep. 28 2023

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, according to its North American head of real estate.

REITS focus on balance sheets amid economic turbulence

Steve McLean Commercial REITs National Sep. 28 2023

REITs were introduced in the U.S. in 1960 and are active in 41 countries with a combined population of five billion and comprising 83 per cent of global GDP, REALPAC CEO Michael Brooks said during the RealREIT closing roundtable.

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