International

Taking advantage of the hot tourism market with nearly 15 million visitors per year, the dual-branded new-build Hyatt Centric and Hyatt Regency project will be situated immediately opposite the Fallsview Casino, The Skylon Tower and the 5,000-seat performing arts center that is currently under construction.

Industrial properties show continued strong demand as the 1.4 million square feet of space in the portfolio is 100% leased.

The move comes after Norges decided to scale back its real estate push and focus more on buying stakes in listed real estate companies.

Much of GLP's US business stems from a 2014 deal to acquire IndCor Properties from Blackstone Group for $8.1 billion.

The initial portfolio will comprise 38 hotels consisting of 27 Hyatt Place properties and 11 Hyatt House hotels located in the US, with a total of 4,950 rooms and an appraised value of about $720 million.

The acquisition of GVA increased its revenue to 25 times its 2008 level.

The US real estate investment company has acquired a majority stake in Gramercy Europe.

The increase in market value of MetLife's CRE investments is being driven by strong activity throughout North and South American, European, and Asian markets.