REITs & Institutions

Brookfield acquired Shangri-La Vancouver earlier this year and is rebranding the hotel as a Hyatt.
Listed Commercial

Brookfield Looks To Sell Retail Component Of Shangri-La Vancouver

Brookfield acquired the Shangri-La Vancouver from Westbank and Peterson earlier this year and is now moving to sell the retail component at 1121 Alberni Street.

Office

KingSett Capital Buys Pender Place Office Towers In Vancouver From CF & IMCO

​Cadillac Fairview and the Investment Management Corporation of Ontario put 700-750 W Pender Street on the market earlier this year.

Development Projects

OPTrust Buys Out Westbank From Sen̓áḵw Project By Squamish Nation

OPTrust previously held a stake in the first two phases of the landmark Sen̓áḵw project and has now acquired Westbank's stake in the project, increasing its stake to 50%.

Retail

RioCan Eyeing Buyout Of Hudson's Bay From Georgian Mall, Oakville Place

RioCan owns 50% of the Georgian Mall and Oakville Place, while the RioCan-Hudson's Bay joint venture owns the remaining 50%.

REITs & Institutions

Dream Residential REIT Acquired By US-Based Morgan Properties In $354M Deal

Dream Residential REIT (TSX: DRR.UN) announced it was undergoing a review earlier this year, which is now ending with an all-cash sale to Morgan Properties.

REITs & Institutions

"No Chance Of Success": What HBC Landlords Are Saying About Ruby Liu's Plan

Most of Hudson's Bay's former landlords, all large REITs or institutions, have filed responses in court opposing the sale of 25 HBC leases to Ruby Liu.

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.

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.

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.

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.

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.