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Category: Commercial

Blackstone to acquire Dream Global for $6.2B

RENX Staff Commercial Transactions International Sep. 16 2019

Dream Global REIT (DRG-UN-T) says it has an agreement to be acquired by affiliates of U.S.-based real estate giant Blackstone in an all-cash transaction valued at $6.2 billion (all figures Canadian). The deal values Dream Global at $16.79 per share,

Toronto’s East Harbour project like ‘Canary Wharf’: CF’s Sullivan

Don Wilcox Commercial Development Toronto / GTA Sep. 13 2019

Cadillac Fairview is acquiring what will become the largest commercial development in Canada, the 38-acre downtown Toronto East Harbour project, from First Gulf and its partners. The company announced the transaction Friday morning, saying in a release the deal is

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