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Fosun International weighs bid of $2 billion for Cushman & Wakefield

Chinese billionaire Guo Guangchang’s Fosun International Ltd. is weighing a bid for commercial property broker Cushman & Wakefield Inc., people with knowledge of the matter said. The Shanghai-based investment firm is among several companies that have expressed interest in Cushman, whose owners are seeking about $2 billion, according to the people. The process is at […]

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Toronto’s housing market is booming.

Toronto’s housing market broke through an important financial threshold in February as the average price of detached homes topped $1-million for the first time. Realtors say that despite a deep freeze in the city last month, the all-important spring market has come early this year as buyers rush to do battle over the scant supply […]