Now that Blackstone has formally opened its Canadian office in downtown Toronto, the world's largest private equity investor is doubling down on its stated goal to increase its Canadian real estate holdings, according to its North American head of real estate.
Northwest Healthcare Properties REIT (NWH.UN-T) has cut its distributions by more than half, is considering acquisition offers for its U.S. and Brazilian assets, and is under public pressure from a minority investor interested in acquiring its U.K. holdings.
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