REITs & Institutions
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.
Mar 17, 2025
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.
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.
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.
This Custom-Built Uxbridge Estate Exudes Modern Luxury
Tucked away on one of Uxbridge’s most coveted roads, a custom-built estate is serving a rare fusion of architectural excellence and resort-style luxury.
Industrial
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.
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.
Multifamily
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.
Listed Commercial
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.
Listed Commercial
Cadillac Fairview Looking To Sell 7.8-Acre Yonge Corporate Centre Once More
The Yonge Corporate Centre, which Cadillac Fairview tried to sell two years ago, is located at 4100-4150 Yonge Street in North Toronto.
Multifamily
CAPREIT Buys MacLaren In Edmonton, 43Twenty In Vancouver For $97.6M
The MacLaren is located at 10141 124 Street in Edmonton while 43Twenty is located at 4320 Slocan Street in Vancouver.
Office
Allied Properties REIT Exits Ottawa With $86.5M Sale Of Heritage Chambers Office
Allied Properties REIT sold 40 and 46 Elgin Street, its last two properties in Ottawa, in December to the Government of Canada.
Industrial
Wesbild Sells 28-Acre North Van Site To Dream Industrial REIT & GIC For $143M
Wesbild acquired 1371 McKeen Avenue in North Vancouver in 2017 and has now sold it to Dream Industrial REIT and GIC, the Singaporean sovereign wealth fund.
Development Projects
Crestpoint & InterRent REIT Proposing Twin 20-Storey Rentals In Vancouver
The site of Crestpoint and InterRent REIT's proposal is 2244-2280 W 6th Avenue in the Kitsilano neighbourhood of Vancouver.
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