Blackstone opens Toronto office in Canadian real estate push

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Blackstone is moving aggressively to become a bigger player in all sectors of the property market

The pandemic-fuelled boom in e-commerce has plunged the country into a nationwide warehouse shortage, spurring industrial rents to skyrocket. Soaring housing costs, whether to buy or rent, have also made apartment buildings some of the most stable types of property investments. A shortage of land adjacent to major cities and the slow process of rezoning real estate for other uses has most experts predicting neither Canada’s warehouse or housing shortages will ease soon.

Lin “will help drive Blackstone Real Estate’s Canadian footprint as it continues to invest across all asset classes, with a focus on its long-term presence in the country,” the firm said in the statement.Share this Story:

 

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Go ahead. Subsidize the building of more houses for them to buy and rent back to Canadians. Open the Data on Land Titles.

blackstone will be buying up all of Canada. JustinTrudeau liberal_party will bankrupt Canadians so corporations will buy real estate pennies on the dollar. This is the wef reset. Canada needs to fight back against this Liberal gov. which doesn’t care for Canada. canpoli

They probably have CPC in their pocket

Prices going 📈📈📈

Blackstone will own everything....and you will be happy...

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