The venture, formed with IRA Capital and a global institutional investor, gives the Canada Pension Plan Investment Board a 47.5% ownership stake and is expected to have an acquisition capacity of approximately $850 million dollars.
Loans backed by medical office properties are significantly outperforming those tied to traditional offices. This stronger loan performance reflects resilient fundamentals in the medical office market.
Morgan Stanley estimates that AI could automate about 37% of tasks across the sector, unlocking as much as $34 billion in efficiency gains by 2030.
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