Commercial Real Estate News for Friday, Feb. 23

In Friday’s commercial real estate news – we’ll give you a look at the state of True North Commercial Real Estate, the Chinese governments takeover of Anbang Insurance, and so much more.

Is True North Commercial Real Estate Investment Trust’s (TSE:TNT.UN) ROE Of 12.90% Sustainable?

With an ROE of 12.90%, True North Commercial Real Estate Investment Trust (TSX:TNT.UN) returned in-line to its own industry which delivered 10.26% over the past year. But what is more interesting is whether TNT.UN can sustain this level of return.


EXCLUSIVE: NAI Global opens CRE office focusing on petrochemical, riverfront development

Chinese Govt Takes Control Over US Hotel Investor Anbang Insurance

China’s Insurance Regulatory Commission (CIRC) issued a statement saying it had taken control over Anbang Insurance Group Co. this morning possibly putting billions of dollars in luxury U.S. hotels up for grabs.

Walmart’s Amazon Killer Goes From Superstar to Man on Hot Seat

Walmart’s online sales over the critical holiday period grew at less than half the rate of previous quarters, while investments Marc Lore made to enhance the e-commerce business dented profitability.

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