Canada

Investor group buys Indian telecom towers from Reliance: Reuters

An investor group that includes GIC and Brookfield Infrastructure has acquired Indian telecom towers from Reliance Industries, reported Reuters.

Greystar joins CPPIB and Cyrela in São Paulo rental housing JV

Greystar Real Estate Partners LLC has joined Canada Pension Plan Investment Board and Cyrela Brazil Realty in a joint venture that will develop, own and operate multifamily rental housing in São Paulo.

Abano Healthcare agrees to revised buyout deal: Reuters

New Zealand-based Abano Healthcare Group Ltd, a medical services provider, has inked a revised buyout deal with an investor consortium after the initial bid was dropped due to the COVID-19 outbreak, reported Reuters.

MACH Capital buys assets of retailer La Cordée Plein Air

MACH Capital has acquired the assets of La Cordée Plein Air, a Montreal-based retailer of outdoor sporting goods.

Kineticor closes financing for C$1.5bn Cascade Power Project

Kineticor Resource Corp has closed financing on the C$1.5 billion Cascade Power Project, a 900-megawatt combined cycle, natural gas-fired generating facility to be located near Edson, Alberta.

Tricon Residential to secure $300m in Blackstone-led investment

Tricon Residential has agreed to a US$300 million preferred equity investment by a syndicate led by an affiliate of Blackstone Real Estate Income Trust Inc, which is investing US$240 million.

BDC Capital supports MBO of Rocky Mountain Phoenix

BDC Capital’s Growth & Transition Capital group provided mezzanine financing to back the management buyout of Red Deer, Alberta-based Rocky Mountain Phoenix.