+ Green Line LRT in doubt due to reduced provincial support; City Council struck a committee … let the squabbling begin ….
INTERESTING REAL ESTATE NEWS FROM OTHER PLACES
+ in Edmonton, Oxford Properties have sold it’s 1.4 million sq. ft. Edmonton City Centre complex to 4-member group (LaSalle Canada Property Fund, Universal-Investment, North American Development Group and Canderel); terms not disclosed
+ Knightstone Capital Management Inc. acquired Sheraton Gateway Hotel in Toronto International Airport for $130.0 million
+ Morguard Corporation has made a proposal to takeover Temple Hotels Inc. and to take the company private
+ Public Sector Pension Investment Board and Daniel Drimmer made a $318.0 million bid to acquired Starlight U.S. Multi-Family (No.1) Value-Add Fund
+ Ivanhoé Cambridge is expanding its European footprint with the acquisition of a stake in a $1.45 billion German real estate
INTERESTING TRENDS IN RETAIL
+ Alston Investments Inc. has made a bid to acquire Bouclair Inc.
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