REITs and institutional real estate investing

Office

Allied Buying Out Westbank From M4 Office Project For $89.7M

The M4 office building is located at 108 East 5th Avenue in Vancouver and is part of the Main Alley creative economy campus being developed by Westbank.

The main exit of a Hudson's Bay store amidst liquidation sales.

Retail

Cadillac Fairview "Resolutely Opposed" To Selling HBC Leases To Central Walk

Ruby Liu and her company, Central Walk, have an agreement to take over 25 of Hudson's Bay leases, but is struggling to get approval from the landlords.

The Cherry Lane Shopping Centre at 2111 Main Street in Penticton.

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Listed Commercial

Manulife Looking To Sell 22-Acre Cherry Lane Shopping Centre In Penticton

The Cherry Lane Shopping Centre is located at 2111 Main Street in Penticton, has an assessed value of around $69 million, and was recently listed for sale by JLL.

The Edmonton City Centre mall and office complex at 10025 102A Avenue in Edmonton.

Commercial

CDPQ Places Edmonton City Centre Complex Under Receivership Over $140M Debt

The Edmonton City Centre mall and office complex was acquired by LaSalle Canada Property Fund and its partners in 2019 from Oxford Properties.

The 2025 PacificWest Conference Lands In Vancouver This October

On October 21 and 22, Western Canada’s premier real estate conference will take over the Vancouver Convention Centre East, bringing together the country’s realtors, developers, brokers, and builders for two full days of learning, dialogue, and connection.

REITs & Institutions

H&R REIT Considering Strategic Sale After Receiving Multiple Offers

H&R REIT (TSX: HR.UN) said that it formed a special committee in February after receiving an unsolicited expression of interest from a potential buyer.

The 62-storey Shangri-La Vancouver at 1128 W Georgia Street.

Hotel

Brookfield Buys Shangri-La Vancouver From Westbank & Peterson, Rebrands It As Hyatt

The Shangri-La Vancouver is located within a 62-storey tower developed by Westbank and Peterson and is set to be rebranded as a Park Hyatt in 2026.

A rendering of the rental project set for 1184 Inlet Street in Coquitlam.

Development Projects

BGO Joins Anthem On 2-Acre Coquitlam Rental Project After $22M Purchase

Anthem Properties acquired the 1184 Inlet Street property in Coquitlam, located near Lafarge Lake, back in 2021 for $22,350,000.

Development Projects

RioCan, Milestone Bringing 8-Building Master Plan To Lawrence Plaza In Toronto

The proposed master plan will consist of eight buildings from six to 40 storeys, as well as 2,693 new homes that are poised to be rental in tenure.

The CF Lime Ridge Mall at 999 Upper Wentworth Street in Hamilton, Ontario.

Retail

Primaris REIT Buys 65-Acre CF Lime Ridge Mall In Hamilton For $416M

Primaris REIT (TSX: PMZ.UN) is acquiring an 100% ownership stake in the Lime Ridge Mall located at 999 Upper Wentworth Street in Hamilton, Ontario.

The three high-rise towers of DeVille at Quarry Park located at 83 Quarry Park Road SE in Calgary.

Multifamily

Fiera Buys Quarry Park Towers For $120M In Top Q1 Transaction In Calgary

The acquisition of DeVille at Quarry Park was announced by Fiera Real Estate in January, but financial details were not disclosed.

The Stack in Vancouver (left) and two Centennial Place towers in Calgary (right).

Office

Oxford Buys CPP Out Of Trophy Office Towers In Vancouver, Calgary For $730M

CPP Investments sold its 50% stakes in Vancouver's Marine Building, MNP Tower, Guinness Tower, and The Stack, plus Calgary's Centennial Place, Eau Claire Tower, and 400 Third.

The Hudson's Bay Building at 674 Granville Street in Vancouver co-owned with RioCan.

Industry

REITs & Institutions

Allied Buying Out Westbank From M4 Office Project For $89.7M

The M4 office building is located at 108 East 5th Avenue in Vancouver and is part of the Main Alley creative economy campus being developed by Westbank.

Cadillac Fairview "Resolutely Opposed" To Selling HBC Leases To Central Walk

Ruby Liu and her company, Central Walk, have an agreement to take over 25 of Hudson's Bay leases, but is struggling to get approval from the landlords.

Manulife Looking To Sell 22-Acre Cherry Lane Shopping Centre In Penticton

The Cherry Lane Shopping Centre is located at 2111 Main Street in Penticton, has an assessed value of around $69 million, and was recently listed for sale by JLL.

CDPQ Places Edmonton City Centre Complex Under Receivership Over $140M Debt

The Edmonton City Centre mall and office complex was acquired by LaSalle Canada Property Fund and its partners in 2019 from Oxford Properties.

The 2025 PacificWest Conference Lands In Vancouver This October

On October 21 and 22, Western Canada’s premier real estate conference will take over the Vancouver Convention Centre East, bringing together the country’s realtors, developers, brokers, and builders for two full days of learning, dialogue, and connection.

H&R REIT Considering Strategic Sale After Receiving Multiple Offers

H&R REIT (TSX: HR.UN) said that it formed a special committee in February after receiving an unsolicited expression of interest from a potential buyer.

Brookfield Buys Shangri-La Vancouver From Westbank & Peterson, Rebrands It As Hyatt

The Shangri-La Vancouver is located within a 62-storey tower developed by Westbank and Peterson and is set to be rebranded as a Park Hyatt in 2026.

BGO Joins Anthem On 2-Acre Coquitlam Rental Project After $22M Purchase

Anthem Properties acquired the 1184 Inlet Street property in Coquitlam, located near Lafarge Lake, back in 2021 for $22,350,000.

RioCan, Milestone Bringing 8-Building Master Plan To Lawrence Plaza In Toronto

The proposed master plan will consist of eight buildings from six to 40 storeys, as well as 2,693 new homes that are poised to be rental in tenure.

Primaris REIT Buys 65-Acre CF Lime Ridge Mall In Hamilton For $416M

Primaris REIT (TSX: PMZ.UN) is acquiring an 100% ownership stake in the Lime Ridge Mall located at 999 Upper Wentworth Street in Hamilton, Ontario.

Fiera Buys Quarry Park Towers For $120M In Top Q1 Transaction In Calgary

The acquisition of DeVille at Quarry Park was announced by Fiera Real Estate in January, but financial details were not disclosed.

Oxford Buys CPP Out Of Trophy Office Towers In Vancouver, Calgary For $730M

CPP Investments sold its 50% stakes in Vancouver's Marine Building, MNP Tower, Guinness Tower, and The Stack, plus Calgary's Centennial Place, Eau Claire Tower, and 400 Third.

RioCan Demands Payment From Hudson’s Bay, Files For Receivership Of Joint Venture

RioCan REIT (TSX: REI.UN) and Hudson's Bay formed the joint venture in 2015 and it has become HBC's primary real estate subsidiary.

RioCan Offloads Stakes In Ottawa, Calgary Rental Towers For $173M Amid Portfolio Shift

RioCan sold Frontier, Latitude, and Luma in Ottawa to Killam Apartment REIT and Brio in Calgary to Boardwalk REIT.

2025 © STOREYS Publishing Inc. | All Rights Reserved

REITs & Institutions

​The M4 office building is located at 108 East 5th Avenue in Vancouver and is part of the Main Alley creative economy campus being developed by Westbank.

Ruby Liu and her company, Central Walk, have an agreement to take over 25 of Hudson's Bay leases, but is struggling to get approval from the landlords.

The Cherry Lane Shopping Centre is located at 2111 Main Street in Penticton, has an assessed value of around $69 million, and was recently listed for sale by JLL.

The Edmonton City Centre mall and office complex was acquired by LaSalle Canada Property Fund and its partners in 2019 from Oxford Properties.

On October 21 and 22, Western Canada’s premier real estate conference will take over the Vancouver Convention Centre East, bringing together the country’s realtors, developers, brokers, and builders for two full days of learning, dialogue, and connection.

​H&R REIT (TSX: HR.UN) said that it formed a special committee in February after receiving an unsolicited expression of interest from a potential buyer.

The Shangri-La Vancouver is located within a 62-storey tower developed by Westbank and Peterson and is set to be rebranded as a Park Hyatt in 2026.

​Anthem Properties acquired the 1184 Inlet Street property in Coquitlam, located near Lafarge Lake, back in 2021 for $22,350,000.

The proposed master plan will consist of eight buildings from six to 40 storeys, as well as 2,693 new homes that are poised to be rental in tenure.

Primaris REIT (TSX: PMZ.UN) is acquiring an 100% ownership stake in the Lime Ridge Mall located at 999 Upper Wentworth Street in Hamilton, Ontario.

​The acquisition of DeVille at Quarry Park was announced by Fiera Real Estate in January, but financial details were not disclosed.

CPP Investments sold its 50% stakes in Vancouver's Marine Building, MNP Tower, Guinness Tower, and The Stack, plus Calgary's Centennial Place, Eau Claire Tower, and 400 Third.

​RioCan REIT (TSX: REI.UN) and Hudson's Bay formed the joint venture in 2015 and it has become HBC's primary real estate subsidiary.

​RioCan sold Frontier, Latitude, and Luma in Ottawa to Killam Apartment REIT and Brio in Calgary to Boardwalk REIT.

2025 © STOREYS Publishing Inc. | All Rights Reserved

The M4 office building is located at 108 East 5th Avenue in Vancouver and is part of the Main Alley creative economy campus being developed by Westbank.

H&R REIT (TSX: HR.UN) said that it formed a special committee in February after receiving an unsolicited expression of interest from a potential buyer.

Anthem Properties acquired the 1184 Inlet Street property in Coquitlam, located near Lafarge Lake, back in 2021 for $22,350,000.

The acquisition of DeVille at Quarry Park was announced by Fiera Real Estate in January, but financial details were not disclosed.

RioCan REIT (TSX: REI.UN) and Hudson's Bay formed the joint venture in 2015 and it has become HBC's primary real estate subsidiary.

RioCan sold Frontier, Latitude, and Luma in Ottawa to Killam Apartment REIT and Brio in Calgary to Boardwalk REIT.