Groupe Mach has invested about $80 million to purchase the 357-room InterContinental Montreal Hotel in Old Montreal, and plans $20 to $25 million to refurbish the property during the next 24 to 30 months.
When it comes to assessing commercial real estate trends in B.C.’s Lower Mainland, “2022 was a sort of ‘tale of two cities,’” according to Doug Pulver, the executive managing director in Colliers' Vancouver office.
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