REITs & Institutions

Boardwalk REIT, Desjardins Form $292M Western Canada Multi-Family JV
REITs & Institutions

Boardwalk REIT, Desjardins Form $292M Western Canada Multi-Family JV

​The joint venture is a 50/50 partnership between Boardwalk REIT (TSX: BEI.UN) and Desjardins Global Asset Management (DGAM) with an initial portfolio of 4 assets.

REITs & Institutions

Crombie REIT Buys Safeway At South Surrey's Ocean Park Shopping Centre For $12.7M

The property has been classified under the REIT’s “income-producing” strategy — as opposed to the “redevelopment” strategy — though Crombie REIT is in the process of redeveloping multiple Safeways across Metro Vancouver.

REITs & Institutions

Allied Properties REIT Sells Dominion Square, 5 Other Toronto Assets For $123M

​Allied Properties REIT (TSX: AP.UN) has set a disposition target of approximately $500 million, and is about halfway to that target through two quarters.

REITs & Institutions

H&R REIT To Be Acquired In $6.7-Billion Deal With GO Residential

​The buyer group includes GO REIT, Blackstone Real Estate, Crestpoint Real Estate Investments, PSP Investments, and CRAL.

REITs & Institutions

Axia Real Assets Bids $1.23B For Plaza Retail REIT

​Plaza Retail REIT says the bid from Axia Real Assets was unsolicited, and is now being considered by a special committee.

Real Estate News

RioCan To Sell 50% Stake In 592-Unit 'FourFifty The Well' Rental Tower

​RioCan REIT continues to sell its RioCan Living rental portfolio; sales have also been secured for Bellevue Phase One and Two in Montreal.

REITs & Institutions

KingSett Capital, Choice Properties REIT To Buy First Capital REIT In $9.4B Deal

KingSett Capital will be acquiring around $4.4 billion of First Capital REIT's assets, while Choice Properties REIT will be acquiring the remaining $5.0 billion in assets.

Real Estate News

Crestpoint Buys 145 Wellington For $50.8M, Site Slated For H&R REIT Tower

H&R REIT announced the sale of 145 Wellington Street West in November as part of $1.5 billion in dispositions, but did not disclose individual sale prices.

REITs & Institutions

Public REITs Could Be Poised For A 2026 Comeback: Hazelview

According to a new Outlook Report by Hazelview, 2026 could mark a meaningful shift for an asset class that’s spent much of the decade on the back foot.

REITs & Institutions

Minto Group, Crestpoint Strike $2.3B Deal To Take Minto Apartment REIT Private

The combined platform will concentrate on major Canadian markets, including Toronto, Vancouver, Calgary, Montreal, Ottawa, Victoria, Halifax, and select GTA-adjacent areas.

Retail

RioCan Bids $141M To Buy Out Hudson's Bay JV From Georgian Mall, Oakville Place

RioCan contributed 50% stakes in the Georgian Mall and Oakville Place to the joint venture it formed with Hudson's Bay in 2015 and is now taking full ownership.

Multifamily

CAPREIT Sells International Plaza In North Van To Squamish Nation For $54.2M

The International Plaza Apartments in North Vancouver sit on reserve land and the transaction brings the property back under Squamish Nation ownership.

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.