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Category: Commercial

CPP, Boston Properties, GIC form $2.5B U.S. office venture

RENX Staff Commercial Transactions International Jul. 14 2021

CPP Investments will invest over $312 million Cdn in a multi-billion-dollar U.S. office joint venture alongside Boston Properties Inc. and Singapore-based GIC, the partners announced Wednesday morning. In total, the partners plan to invest $1.25 billion in equity acquiring properties

Canada’s office market outlook improves, but recovery is slow

Steve McLean Commercial Market Reports National Jul. 13 2021

Major Canadian cities saw office vacancies either rise or hold steady from Q1 to Q2 in 2021, except Montreal where the vacancy rate dropped 10 basis points. That’s one of the findings from Cushman & Wakefield’s national Q2 office analysis,

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