International

The REIT is investing in the Quebec market through an equity partnership with Le Groupe Maurice.

The real estate private equity firm has purchased 26.5 million shares of the UK-based property and development company.

"It seems likely that fundraising will become an even more challenging prospect for many managers as competition continues to intensify."

The combination of DBRS with Morningstar Credit Ratings' U.S. business will expand Morningstar's global asset class coverage and provide an enhanced platform that will provide investors with leading fixed-income analysis and research, the company states.

Switzerland-based Baloise Group, which entered into the share-capital of Infracore in December 2018, increased its participation in the firm from 20% to 35%. In the two transactions, Aevis Victoria SA sold 61% of its interest in Infracore SA and retained a 19% stake in the firm.

The expansion, which will boost Hyatt's luxury portfolio in the Asia Pacific region by 25%, will be comprised of seven new Park Hyatt branded properties and six hotels each under the Grand Hyatt and Andaz brands, as well as two Alila branded resort properties.