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Category: Commercial

Calgary’s loss, St. John’s gain: Boost for downtown office sector

Steve McLean Commercial Downtown Atlantic Canada Feb. 2 2021

In a tale of two struggling office markets, Calgary’s loss is St. John’s gain with the announcement oil company Equinor will be relocating its Canadian headquarters. The Norwegian company, formerly known as Statoil, is consolidating offices to improve organizational efficiencies

BentallGreenOak, Highgate invest $63.75M in AHIP

Don Wilcox Commercial Transactions International Jan. 29 2021

BentallGreenOak and Highgate Capital Investments have made a $63.75-million investment in Vancouver-based American Hotel Income Properties (AHIP), which owns and operates 78 hotels in the United States. The firms say the investment will strengthen AHIP’s balance sheet by reducing debt

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