REITs and institutional real estate investing

The two-tower project First Capital REIT was planning at 895 Lawrence East in Toronto.

Development Projects

Bazis Buys Two-Tower Project From First Capital For $32M, Planning Third Tower

First Capital REIT (TSX: FCR.UN) has sold 895 Lawrence Avenue East in North York, where it was planning two towers. Bazis is now planning three towers for the site.

The Elbow 5 Eight at 730 58 Avenue SW in Calgary.

Multifamily

Boardwalk REIT Acquires Elbow 5 Eight Property In Calgary For $93M

The Elbow 5 Eight rental building is located at 730 58 Avenue SW in Calgary and was developed by Cove Properties.

Tapestry at Wesbrook Village at 3308-3382 Wesbrook Mall on the UBC Vancouver campus.

Multifamily

Concert Properties Completes Seniors Housing Divestiture, Securing $334M

Over the past year, Concert has sold its four Tapestry seniors housing properties in BC and Ontario to Tridel, Fengate Asset Management, and Chartwell Retirement Residences.

This $5.2M Lake Simcoe Retreat Is The Ultimate Four-Season Escape

Situated just an hour from Toronto on a quiet private road in Innisfil, this spectacular custom-built home offers more than a retreat: it delivers an immersive escape.

ALMA @ ByWard Market Ottawa at 256 Rideau Street.

Multifamily

Forum To Reposition Ottawa Student Housing Tower Under REIIF After $183M Purchase

Forum Asset Management is set to reposition ALMA @ ByWard Market Ottawa at 256 Rideau Street under its REIIF in Q3 2025.

The Hudson's Bay store at the Yorkdale Shopping Centre in Ontario.

Industry

Cracks Emerge In RioCan And Hudson’s Bay Joint Venture Over Unpaid Rent

The joint venture RioCan REIT (TSX: REI.UN) and the Hudson's Bay Company established in 2015 leases space to Hudson's Bay.

The Hudson's Bay Company co-leases and co-owns several properties with RioCan REIT.

Industry

Inside Hudson's Bay's "Fully Intertwined" Relationship With RioCan

The Hudson's Bay Company filed for CCAA creditor protection last week and that creditor protection extends to its joint venture with RioCan REIT (TSX: REI.UN) as well.

Amica Peel Village in Brampton, Ontario.

REITs & Institutions

OTPP Sells Amica Seniors Housing Portfolio To US's Welltower REIT For $4.6B

The Ontario Teachers' Pension Plan is selling a portfolio of 47 properties owned under Amica Senior Lifestyles to Ohio-based Welltower REIT.

High-rise office towers in Toronto's Financial District.

REITs & Institutions

The Largest Acquisitions Or Sales Canadian REITs Made In 2024

The country's largest real estate investment trusts (REITs) have all been publishing their 2024 year-end results the past few weeks.

Dream Unlimited's office at 30 Adelaide Street East in Toronto.

REITs & Institutions

Dream Residential REIT To Undergo "Strategic Review" Of Its Operations

A financial advisor will be retained to identify strategies with the goal of maximizing unitholder value, said Dream Industrial REIT.

Fourteen75 at 1475 Whites Road in Pickering, Ontario.

Multifamily

REITs & Institutions

Bazis Buys Two-Tower Project From First Capital For $32M, Planning Third Tower

First Capital REIT (TSX: FCR.UN) has sold 895 Lawrence Avenue East in North York, where it was planning two towers. Bazis is now planning three towers for the site.

Boardwalk REIT Acquires Elbow 5 Eight Property In Calgary For $93M

The Elbow 5 Eight rental building is located at 730 58 Avenue SW in Calgary and was developed by Cove Properties.

Concert Properties Completes Seniors Housing Divestiture, Securing $334M

Over the past year, Concert has sold its four Tapestry seniors housing properties in BC and Ontario to Tridel, Fengate Asset Management, and Chartwell Retirement Residences.

CPP Investments Puts Downtown Toronto HQ At 1 Queen East On The Market

The Canada Pension Plan Investment Board acquired 1 Queen Street E and 20 Richmond Street E in 2013 for $220 million.

This $5.2M Lake Simcoe Retreat Is The Ultimate Four-Season Escape

Situated just an hour from Toronto on a quiet private road in Innisfil, this spectacular custom-built home offers more than a retreat: it delivers an immersive escape.

Forum To Reposition Ottawa Student Housing Tower Under REIIF After $183M Purchase

Forum Asset Management is set to reposition ALMA @ ByWard Market Ottawa at 256 Rideau Street under its REIIF in Q3 2025.

Cracks Emerge In RioCan And Hudson’s Bay Joint Venture Over Unpaid Rent

The joint venture RioCan REIT (TSX: REI.UN) and the Hudson's Bay Company established in 2015 leases space to Hudson's Bay.

Inside Hudson's Bay's "Fully Intertwined" Relationship With RioCan

The Hudson's Bay Company filed for CCAA creditor protection last week and that creditor protection extends to its joint venture with RioCan REIT (TSX: REI.UN) as well.

OTPP Sells Amica Seniors Housing Portfolio To US's Welltower REIT For $4.6B

The Ontario Teachers' Pension Plan is selling a portfolio of 47 properties owned under Amica Senior Lifestyles to Ohio-based Welltower REIT.

The Largest Acquisitions Or Sales Canadian REITs Made In 2024

The country's largest real estate investment trusts (REITs) have all been publishing their 2024 year-end results the past few weeks.

Dream Eyes Warehouses For 32-Acre Brampton Site Acquired From Stellantis For $80M

The site is an excess portion of automotive manufacturer Stellantis' 269-acre plant at 2000 Williams Parkway in Brampton.

Dream Residential REIT To Undergo "Strategic Review" Of Its Operations

A financial advisor will be retained to identify strategies with the goal of maximizing unitholder value, said Dream Industrial REIT.

Starlight & BGO Buy Pickering Rental For $127M In Largest Q4 Multi-Family Deal

Starlight Investments and BGO announced the acquisition of Fourteen75 in November, but did not disclose the purchase price.

Cadillac Fairview & IMCO Looking To Sell Twin Downtown Vancouver Office Towers

The twin 16-storey office towers at 700 and 750 West Pender Street in downtown Vancouver are valued at around $150 million.

2025 © STOREYS Publishing Inc. | All Rights Reserved

REITs & Institutions

First Capital REIT (TSX: FCR.UN) has sold 895 Lawrence Avenue East in North York, where it was planning two towers. Bazis is now planning three towers for the site.

The Elbow 5 Eight rental building is located at 730 58 Avenue SW in Calgary and was developed by Cove Properties.

Over the past year, Concert has sold its four Tapestry seniors housing properties in BC and Ontario to Tridel, Fengate Asset Management, and Chartwell Retirement Residences.

​The Canada Pension Plan Investment Board acquired 1 Queen Street E and 20 Richmond Street E in 2013 for $220 million.

Situated just an hour from Toronto on a quiet private road in Innisfil, this spectacular custom-built home offers more than a retreat: it delivers an immersive escape.

Forum Asset Management is set to reposition ALMA @ ByWard Market Ottawa at 256 Rideau Street under its REIIF in Q3 2025.

The joint venture ​RioCan REIT (TSX: REI.UN) and the Hudson's Bay Company established in 2015 leases space to Hudson's Bay.

The Hudson's Bay Company filed for CCAA creditor protection last week and that creditor protection extends to its joint venture with RioCan REIT (TSX: REI.UN) as well.

The Ontario Teachers' Pension Plan is selling a portfolio of 47 properties owned under Amica Senior Lifestyles to Ohio-based Welltower REIT.

​The country's largest real estate investment trusts (REITs) have all been publishing their 2024 year-end results the past few weeks.

The site is an excess portion of automotive manufacturer Stellantis' 269-acre plant at 2000 Williams Parkway in Brampton.

A financial advisor will be retained to identify strategies with the goal of maximizing unitholder value, said Dream Industrial REIT.

​Starlight Investments and BGO announced the acquisition of Fourteen75 in November, but did not disclose the purchase price.

​The twin 16-storey office towers at 700 and 750 West Pender Street in downtown Vancouver are valued at around $150 million.

2025 © STOREYS Publishing Inc. | All Rights Reserved

The Canada Pension Plan Investment Board acquired 1 Queen Street E and 20 Richmond Street E in 2013 for $220 million.

The joint venture RioCan REIT (TSX: REI.UN) and the Hudson's Bay Company established in 2015 leases space to Hudson's Bay.

The country's largest real estate investment trusts (REITs) have all been publishing their 2024 year-end results the past few weeks.

Starlight Investments and BGO announced the acquisition of Fourteen75 in November, but did not disclose the purchase price.

The twin 16-storey office towers at 700 and 750 West Pender Street in downtown Vancouver are valued at around $150 million.