Real Estate


Cominar REIT may buy 68 properties from GE Capital with proceed from public offering

QUEBEC — Cominar Real Estate Investment Trust says it received $276-million in net proceeds from its public offering of equity units and may use the money towards the cost of buying 68 properties from GE Capital Real Estate.

Holiday Inn Express To Open In 2010 As Quebec’s First Leed-Certified Hotel

IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms, announced today that the company’s first LEED-certified hotel in Canada will host a groundbreaking ceremony on May 26, 2009, at 11:00 a.m. in Saint-Hyacinthe, Quebec. The Holiday Inn Express® and Suites Saint-Hyacinthe will be the first hotel in Quebec built to meet the criteria of the Leadership in Energy and Environmental Design (LEED) Green Building Rating System for its sustainable practices.


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