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Category: Commercial

Canada’s hotel industry shows signs of recovery, resilience

Robin McLuskie and Alam Pirani Commercial Market Reports National Apr. 28 2021

Last year, with general uncertainty blanketing the hotel sector and almost two-thirds of hotel rooms sitting empty across Canada, there was a dramatic decline in hotel investment deals. Hotel investors were sitting in a no-bid market with less than 50

Nexus’ recent acquisition spree tops $262M

RENX Staff Commercial Transactions Ontario Apr. 27 2021

Nexus REIT (NXR-UN-T) is pushing its recent industrial buying spree past the quarter-billion-dollar mark with two additional acquisitions, announced Tuesday in London, Ont., and Edmonton. The two most recent properties will add about 496,000 square feet of gross leasable area

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