It’s also one of the few big downtown apartment sales in a year that has been disrupted by rising inflation and interest rates and worries about property taxes.
CPP Investments has allocated an additional €475 million (C$656 million) to the JV, furthering the initial allocation of €475 million.
Business leaders need to pay attention to how they welcome diversity and invest in creating better workplaces for employees, workplace strategy firm says.
The real estate market in two northeastern Ontario cities has cooled off in recent months after two years of price increases.
Business and consumer insolvencies are marching higher, as climbing interest rates and crushing inflation fuel economic uncertainty.
Major real estate developer Camrost Felcorp has rolled out a sales incentive on two of its Toronto-area projects that goes directly at the fears of rising interest rates.
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