$176 million invested by Boeing in Canadian aerospace

23 May 2024 CW Team

Boeing has agreed to sell Ottawa Poseidon military surveillance aircraft in exchange for an investment of $176 million over three years in three Canadian aerospace development projects. In November of last year, a contract for C$ 5.9 billion was agreed between the United States and Canada to buy up to 16 Poseidons and associated equipment. Boeing committed to making investments in Canadian businesses as part of the deal.

The C$240 million will be split between an aerospace innovation zone, a centre dedicated to the development of a four-seat air taxi, and a company that conducts research on enhanced landing gear in the province of Quebec. According to Brendan Nelson, President of Boeing Worldwide, these investments demonstrate Canada's leadership in aviation and Boeing's steadfast dedication to the nation.

Real Estate

28 Oct 2025

Indian Real Estate Sector Sees Highest Capital Inflow in Seven Years

Equirus Capital, a leading full-service investment banking firm, has reported that India’s real estate sector has witnessed its highest capital inflow in seven years, with funds raised reaching ₹23,080 crore across 12 deals.According to Equirus Capital’s analysis, the cumulative capital raised by the sector since FY18 stands at ₹72,331 crore. Of this, Real Estate Investment Trusts (REITs) accounted for the largest share at ₹31,241 crore, followed by large-cap real estate companies at ₹20,437 crore, mid-cap players at ₹12,496 crore, and small-cap firms contributing ₹8,156 crore...

India’s Flex Office Market Set for Record Growth

myHQ by ANAROCK, India’s largest workspace discovery and flexible office solutions platform, has released its Flex Office Market in India 2025 Report, revealing that India is set to become the Asia-Pacific region’s largest flexible office market. The report highlights how flexible workspaces have become a mainstream component of India’s commercial real estate, capturing a growing share of national leasing activity.“Flexible workspaces have evolved from a cost-optimisation tool to a strategic necessity,” said Utkarsh Kawatra, CEO and Co-Founder, myHQ by ANAROCK. “Average corporate d..

India Defies Regional Slowdown; Office Leasing on Track for Record High in 2025

India’s office market continues to outperform the broader Asia-Pacific region, emerging as a key growth driver amid regional headwinds, according to Knight Frank’s Asia-Pacific Office Highlights Q3 2025 report. With 8.8 million sq. ft. transacted in the third quarter alone, leasing momentum remains robust. Full-year volumes across Bengaluru, NCR, and Mumbai are projected to reach 50 million sq. ft., surpassing the previous record of 41 million sq. ft. set in 2024.The surge has been fuelled by sustained leasing from Global Capability Centres (GCCs) and renewed activity from third-party IT s..