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CT REIT keeps development plans rolling along

CEO acknowledges slowdown in retail construction but REIT still working on 19 projects
CT REIT handles the real estate component of Canadian Tire, a retail chain with approximately 1,700 outlets, including this one in Mississauga. (CoStar)
CT REIT handles the real estate component of Canadian Tire, a retail chain with approximately 1,700 outlets, including this one in Mississauga. (CoStar)

CT REIT, a company whose biggest tenant is large retailer Canadian Tire, says it will grow this year by spending $59 million on new construction in Kelowna, British Columbia; Winnipeg, Manitoba; and Lloydminster, Alberta.

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