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Category: Commercial

Canadian real estate cycle nears floor, says PwC and ULI report

Steve McLean Commercial Market Trends National 11 hours ago

Canada is at, or very close to, the bottom of its current depressed real estate cycle — though it’s still somewhat variable depending upon asset class, region and role in the value chain — according to PwC and ULI's new report.

H&R REIT break-up deal cancelled after unitholders vote against it

Tania Theriault Commercial REITs National 11 hours ago

A $6.7-billion deal which would have seen H&R REIT (HR-UN-T) broken up and divided among a group of buyers in the U.S. and Canada has been terminated after unitholders voted against the transaction today. 

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