Blackstone (BX-N) has announced it plans to acquire all outstanding shares of Toronto-based Tricon Residential Inc. (TCN-T) and take the firm private in a $3.5 billion equity transaction (all figures U.S. unless otherwise stated).
The dollar volume for CRE in the Greater Vancouver Area plunged in 2023 compared with 2022. Colliers reports the volume of transactions dipped 48 per cent to $6.75 billion in 2023, compared with $12.95 billion in 2022.
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