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National

Germain Hotels gets $160M investment from CDPQ-led group

Don Wilcox Residential Hotels and Resorts Greater Montreal May. 8 2025

Germain Hotels has completed a $160M investment round led by CDPQ, with participation from the Fonds de solidarité FTQ and Investissement Québec, as well as the merger of Groupe Germain and Alt Canada Investment Corp. into a single entity.

RioCan takes $209M hit thanks to HBC, as REITS begin Q1 2025 reports

Steve McLean Commercial REITs National May. 7 2025

RioCan REIT and CT REIT released their Q1 2025 financial and operational results on May 5, and while RioCan had to absorb a $209 million hit thanks to its involvement with Hudson's Bay Company, CT REIT had no such blips on its radar. 

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