Blackstone Inc. announced that it is establishing a Blackstone Real Estate office in Toronto and the appointment of Janice Lin as head of its Real Estate business in Canada. Ms. Lin's leadership experience and deep knowledge of the Canadian market will help drive Blackstone Real Estate'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 CAD 14 billion of real estate assets totaling approximately 450 properties – consisting primarily of logistics.

Blackstone's portfolio companies across the firm employ more than 3,550 people in Canada.