REITs and institutional real estate investing

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

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.

Mike McGahan is Executive Chair of InterRent REIT and President & CEO of CLV Group.

REITs & Institutions

InterRent REIT To Be Acquired By Insider And Singaporean Wealth Fund For $4B

The bid comes from Mike McGahan, the current Executive Chair of InterRent REIT, and GIC, the Singaporean sovereign wealth.

Real Estate News

Toronto City Council Approves 7 High-Rise Proposals From Choice, Diamante, And More

The lion’s share of development applications before Council this month got the green light, which is perhaps a testament to the intensified emphasis on homebuilding in Toronto.

Development Projects

Choice Properties Advances Plans For 17 Storeys Near Warden Station

The project has faced pushback in the past, but is now advancing with a Site Plan Approval application for Block Three, planned to accommodate a 17-storey rental building designed by Giannone Petricone Associates.

First Capital REIT's proposal for the northeast corner of Avenue Road and Lawrence Avenue West in Toronto.

Development Projects

First Capital Completes Land Assembly, OLT Settlement For Avenue Lawrence Project

First Capital REIT acquired the Avenue Road and Lawrence Avenue West properties in Toronto in phases over the last few years.

The office tower at 606 4th Street SW in Calgary.

Development Projects

Dream Office REIT Secures Grant To Convert 16-Storey Office Tower In Calgary

The office building sits at 606 4th Street SW and Dream Office REIT (TSX: D.UN) has secured an $11 million grant via Calgary's office conversion incentive program.

REITs & Institutions

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.

Insider: Are Your Tech Stacks Vertically Integrated? They Should Be

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.

InterRent REIT To Be Acquired By Insider And Singaporean Wealth Fund For $4B

The bid comes from Mike McGahan, the current Executive Chair of InterRent REIT, and GIC, the Singaporean sovereign wealth.

Toronto City Council Approves 7 High-Rise Proposals From Choice, Diamante, And More

The lion’s share of development applications before Council this month got the green light, which is perhaps a testament to the intensified emphasis on homebuilding in Toronto.

Primaris REIT To Spend $50M To Repurpose 5 Hudson's Bay Stores That Saw No Bids

Primaris REIT (TSX: PMZ.UN) is the landlord of Hudson's Bay at 9 locations, the remaining four of which are subject to pending bids.

Choice Properties Advances Plans For 17 Storeys Near Warden Station

The project has faced pushback in the past, but is now advancing with a Site Plan Approval application for Block Three, planned to accommodate a 17-storey rental building designed by Giannone Petricone Associates.

First Capital Completes Land Assembly, OLT Settlement For Avenue Lawrence Project

First Capital REIT acquired the Avenue Road and Lawrence Avenue West properties in Toronto in phases over the last few years.

Dream Office REIT Secures Grant To Convert 16-Storey Office Tower In Calgary

The office building sits at 606 4th Street SW and Dream Office REIT (TSX: D.UN) has secured an $11 million grant via Calgary's office conversion incentive program.

2025 © STOREYS Publishing Inc. | All Rights Reserved

REITs & Institutions

​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.

The bid comes from Mike McGahan, the current Executive Chair of InterRent REIT, and GIC, the Singaporean sovereign wealth.

The lion’s share of development applications before Council this month got the green light, which is perhaps a testament to the intensified emphasis on homebuilding in Toronto.​

​Primaris REIT (TSX: PMZ.UN) is the landlord of Hudson's Bay at 9 locations, the remaining four of which are subject to pending bids.

The project has faced pushback in the past, but is now advancing with a Site Plan Approval application for Block Three, planned to accommodate a 17-storey rental building designed by Giannone Petricone Associates.

​First Capital REIT acquired the Avenue Road and Lawrence Avenue West properties in Toronto in phases over the last few years.

​The office building sits at 606 4th Street SW and Dream Office REIT (TSX: D.UN) has secured an $11 million grant via Calgary's office conversion incentive program.

2025 © STOREYS Publishing Inc. | All Rights Reserved

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.

The lion’s share of development applications before Council this month got the green light, which is perhaps a testament to the intensified emphasis on homebuilding in Toronto.

Primaris REIT (TSX: PMZ.UN) is the landlord of Hudson's Bay at 9 locations, the remaining four of which are subject to pending bids.

First Capital REIT acquired the Avenue Road and Lawrence Avenue West properties in Toronto in phases over the last few years.

The office building sits at 606 4th Street SW and Dream Office REIT (TSX: D.UN) has secured an $11 million grant via Calgary's office conversion incentive program.