TORONTO-Fairmont Hotels, which was bought in January for C$3.7 billion ($3.3 billion) sells seven Canadian hotels for about C$1.5 billion ($1.33 billion).

TORONTO-Fairmont Hotels, which was bought in January for C$3.7 billion ($3.3 billion) sells seven Canadian hotels for about C$1.5 billion ($1.33 billion).

TORONTO-Brookfield Asset Management's new package of mixed-use assets total 5.3 million sf.

TORONTO-Brookfield Asset Management's new package of mixed-use assets total 5.3 million sf.

DUBAI-Emaar Properties, one of the world's largest developers, plans to fund a multibillion-dollar international expansion program.

DUBAI-Emaar Properties, one of the world's largest developers, plans to fund a multibillion-dollar international expansion program.

LONDON-Two of central London's largest specialty property companies are talking about creating a euro 2.8-billion ($3.6-billion) operation, with an eye toward becoming a REIT.

LONDON-Two of central London's largest specialty property companies are talking about creating a euro 2.8-billion ($3.6-billion) operation, with an eye toward becoming a REIT.