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International

Blackstone bids to acquire Tricon Residential in US$3.5B deal

RENX Staff Residential Transactions International Jan. 19 2024

Blackstone (BX-N) has announced it plans to acquire all outstanding shares of Toronto-based Tricon Residential Inc. (TCN-T) and take the firm private in a $3.5 billion equity transaction (all figures U.S. unless otherwise stated).

A big year ahead for global REITs: Hazelview's 2024 global forecast

Harold von Kursk Commercial REITs National Jan. 11 2024

Hazelview Investments forecasts a bull market for global REIT share prices this year in its 2024 Global Public Real Estate Outlook Report. The reversal will be driven by "resilient corporate earnings" in the face of numerous challenges, the report states. 

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