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Category: Commercial

REALpac/IPD index trumped by takeover talk

Paul Brent Commercial Market Trends National Feb. 4 2016

Rumoured takeovers of large Canadian REITs and evolving buying opportunities in Calgary overshadowed Wednesday’s release of the REALpac/IPD Canada Quarterly Property Index in Toronto. Predatory companies, mainly U.S. big-money investors, have been attracted to the scent of blood in Canadian real

InnVest REIT’s Ottawa Marriott buy prompts selloff

Paul Brent Commercial Transactions Ottawa Feb. 4 2016

The upgrade of InnVest REIT’s (INN.UN-T) hotel portfolio continued with the completion of its latest acquisition, the Ottawa Marriott, a $115-million deal that gives it an upscale downtown property and also prompts it to sell older properties. “We like Ottawa as a

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