Cross Border News

Brookfield Raises $10B for Global Transition Fund
Canada's Brookfield Asset Management has raised $10 billion for its second global transition fund. ...Read more
Allied REIT Suffers $500M Writedown
Allied Properties REIT has reported about a $500-million net loss due to a portfolio writedown. ...Read more
GTA Industrial Availability Hits Six-Year High
Greater Toronto Area industrial property tenants will get some relief from rising rental costs in 2...Read more
Thomson-Reuters to Sell 180-Acre Minnesota Asset
Canada's Thomson-Reuters has agreed to sell about 180 acres of an Eagan, Minn.,, mixed-use property...Read more
Fiera Industrial Fund Reaches $1B in AUM
Small-bay warehouse investments are paying off for Fiera Capital. Fiera's industrial real estate...Read more
People & Companies News for February 2, 2024
Tamara Vrooman has departed as chairperson of Canada Infrastructure Bank following a three-year te...Read more
CNRL to Revive Vacant Calgary Office Tower
Canadian Natural Resources Limited will move into a downtown Calgary office tower that has was vaca...Read more
Canadian Apartment Vacancy Falls to Record Low
Canadian apartment vacancy reached a record low in 2023, says a new Canada Mortgage and Housing Cor...Read more
U.S. Fed Holds Interest Rates Steady
The U.S. Federal Reserve maintained its interest rates Wednesday. The Federal Open Market Commit...Read more
Canada’s DSMA Expands into Europe
Canada's Dealer Solutions Mergers and Acquisitions has expanded into Europe through a partnership w...Read more
Harlow Project Owes at Least $169.23M: Deloitte
Deloitte Restructuring has uncovered more debts tied to a financially troubled major Vancouver mult...Read more
Dream Puts Toronto Office Tower on Sales Block
Dream Office REIT has put a modernized class A downtown Toronto tower up for sale amid the Bank of ...Read more
Caisse and SMBC Form New JV
The Caisse de dépôt et placement du Québec (CDPQ) and Ireland's SMBC Aviation Capital have partn...Read more
Bell to Close Extra Source Stores
Bell Canada intends to close surplus The Source stores not included in a new partnership with Best ...Read more
Listel Hotel to Become Mixed-Use Property
The Listel Hotel in Vancouver's West End will be demolished and replaced by a new 28-storey tower c...Read more
Touchette to Double Presence at Manitoba Inland Port
Tire distributor Groupe Touchette plans to double its footprint at a Winnipeg-area trimodal inland ...Read more
Developers Seek to Keep Properties Out of Greenbelt
Some developers are seeking to keep their properties out of Ontario's Greenbelt as Premier Doug For...Read more
Rennai to Open Montreal Flagship Location
Rennai, a new beauty and self-care retailer, plans to open a flagship location in Montreal this sum...Read more
People & Company News for January 26, 2024
Clinton Keay will resign as CFO of Crombie REIT on February 23 and join Empire Company Limited as ...Read more