Blackstone Group is seeking to sell 29 office buildings in Canada, Bloomberg reports. The firm has appointed CIBC World Markets to sell the buildings, which are valued at about $921 million. The buildings are situated in the cities ofToronto, Edmonton and Calgary and are 96% occupied. Canadian real estate investment trusts and pensions may be interested in buying the properties.
Click here for the story from Bloomberg.
Click here for the additional coverage from Reuters.