Hong Kong’s Bluesky buys InnVest REIT for $2.1 billion, winning stake in Canada’s most historic hotels

(Financial Post)

Bluesky Hotels & Resorts Inc., a closely held company backed by capital from Hong Kong, agreed to buy InnVest Real Estate Investment Trust for $2.1 billion, giving the Chinese firm a stake in some of Canada’s most historic hotels and beachhead for expansion in North America.  [Full Article]