Blackstone Real Estate opens office in Toronto

Blackstone Real Estate has established an office in Toronto and appointed Janice Lin as head of its real estate business in Canada.

Lin’s leadership experience and deep knowledge of the Canadian market will help drive Blackstone’s Canadian footprint as it continues to invest across all asset classes, with a focus on its long-term presence in the country.

Blackstone has long had a significant presence in Canada across its businesses, including C$14 billion ($10.79 billion) of real estate assets totaling approximately 450 properties and consisting primarily of logistics. Blackstone’s portfolio companies across the firm employ more than 3,550 people in Canada.

“We are excited to officially open a real estate office in Canada and welcome Janice to lead our real estate business in the country,” said Nadeem Meghji, Blackstone’s head of real estate, Americas. “We are long-term believers in the strength of the Canadian economy, and we look forward to lever