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Toronto / GTA

Hines 'bullish' on Canada, raises new $2B development fund

Mario Toneguzzi Commercial Hines Toronto / GTA Apr. 17 2024

Hines Canadian real estate portfolio has "significantly" outperformed its holdings in other western markets, so the company has amassed an additional $2 billion in funds to deploy according to one of its top Canadian executives.

H&R sells stake in Brian Canfield Centre Burnaby office bldg.

Don Wilcox Commercial Office Metro Vancouver Apr. 16 2024

H&R REIT (HR.UN-T) has an agreement to sell its 50 per cent stake in the Brian Canfield Centre office building in Burnaby to its investment partner Crestpoint Real Estate Investments Ltd. for $82.5 million.

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