Jonathan Korol has resigned from his position as CEO of American Hotel Income Properties REIT (HOT-U-T) and will be succeeded by trust co-founder John O'Neill. For O'Neill, it is a return to the role in which he previously served.
Canada's banks could increase their office leasing by up to 1.5 million square feet in Toronto during 2026, Oxford Properties' Kevin Hardy predicted during the Real Estate Forum in Toronto. That would create additional demand for space among related sectors.
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