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Category: Commercial

Note of caution as Vancouver industrial sets new records

Kerry Gold Commercial Market Reports Metro Vancouver Jun. 13 2022

Metro Vancouver’s industrial market continues to set records as the most expensive in Canada, with six consecutive quarters of the nation’s most constrained supply. The ultra-tight market meant a 0.5 per cent vacancy and a record-setting average industrial lease rate

Choice to acquire 624 Radisson Americas hotels for $678M

RENX Staff Commercial Transactions National Jun. 13 2022

Choice Hotels International (CHH-N) has a deal to acquire the franchise business, operations and intellectual property of Radisson Hotel Group Americas and its 624 hotels for approximately $678 million (all figures Cdn). The transaction includes the company’s Canadian properties. Radisson

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