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National

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).

RioCan marks 30 years as a publicly traded REIT

Steve McLean Commercial RioCan National Jan. 18 2024

When RioCan REIT (REI.UN-T) chief operating officer John Ballantyne rings the bell to open the Toronto Stock Exchange tomorrow morning (Jan. 19), it will mark the trust’s 30th year as a public-traded company.

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