The chief executive of Canada's largest real estate investment trust, now in the midst of a major makeover that will see it jump into multifamily investments, says stricter rental rules in the REIT's home base of Ontario will not discourage the plan.
Ed Sonshine, who founded RioCan REIT in 1993, said in an interview with CoStar News that market watchers are probably reading too much into the REIT's decision in the fall to sell off a 133-rental...
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