Activist investor takes over as chair of Slate Office
George Armoyan to work with board to restructure Toronto REIT
Activist investor George Armoyan will take over as chair of the board of trustees at Slate Office, a move that comes after one of the real estate investment trust's largest shareho...
Canadian Tire to sell Toronto-area industrial site for $258 million
National retailer says property in Brampton no longer fits into its supply-chain network.
Canadian Tire Corp., one of the country's largest retailers, is selling one of its oldest industrial sites that it says no longer fits into its supply chain.
Global investment manager BGO names new Canadian leader
Veteran Michelle Brown to oversee firm's Canadian real estate management business
BGO Properties, the Canadian arm of global real estate investment management adviser BGO, has a new leader.
Avison Young principal named chair of BOMA Canada
Executive of Toronto-based firm has 20 years of industry experience
Avison Young principal Neil Lacheur has been named chair of the Building Owners and Managers Association of Canada.
Canada's largest auto dealership REIT targets US expansion
Automotive Properties says market size south of border presents growth opportunity
The head of Canada's largest publicly traded automotive real estate investment trust said the United States is an attractive growth opportunity because of its larger market size.
REIT shifts asset focus to find viable acquisitions in dry market
H&R continues work to shift from office, retail to industrial, multifamily properties.
Dry. That's how the head of Toronto-based H&R Real Estate Investment Trust describes today's commercial real estate market.
Minto Apartment raises distribution, forecasts rent growth
Ottawa REIT sees long-term 'acute housing shortage' even if population growth stalls
Ottawa-based Minto Apartment REIT increased its monthly distribution to unit-holders by 3%, a move that comes as management says there is still room for rent growth in its portfoli...
RioCan halts construction starts, takes $9 million charge for workforce cuts
REIT to continue work to entitle sites for future development, CEO says
RioCan Real Estate Investment Trust plans to halt most new construction starts and take an estimated $9 million charge for restructuring as it reduces its workforce by nearly 10%.
Apartment REIT executives fear more restrictive immigration policy could hurt profits
Federal reductions in Canada's permanent residents may affect multifamily sector
Moderating population growth in Canada is now being watched closely by apartment real estate investment trusts, according to two publicly traded landlords.
He grew up in real estate, but it wasn't the top career choice of Trinity Group CEO
Fred Waks initially had no interest in the industry. Decades later, he's running a mixed-use development firm.
Fred Waks likes to joke that his family was so deeply enmeshed in the real estate business, they practically "threw a game of Monopoly" into his crib. Even so, he never developed a...
Canada's largest REIT sees strong growth from necessity, discount retailers
Choice Properties says tenants are looking to expand networks
Choice Properties, Canada's largest real estate investment trust, is reporting strong demand for retail space across the country as companies seek to grow their footprints.
National apartment rents decline for first time in three years
Canada's largest multifamily REIT manages to buck trend
Apartment rents are now declining across the country on a year-over basis for the first time in more than three years, according to a national survey.
RBC Canadian Core fund completes $1 billion deal with British Columbia Investment Management
Global financial institution acquires partial interest in 40 properties from pension fund
An RBC Global Asset Management investment fund has completed a two-part deal worth more than $1 billion with the real estate arm of British Columbia's largest pension fund. The agr...
Internationally renowned movie house for documentaries put on market
In listing, CBRE touts Hot Docs cinema site as development opportunity
An internationally renowned, financially struggling Toronto movie house known for the documentary films it shows has been listed for sale by CBRE.
CMHC says 1.2 million homeowners could face mortgage cost-increases next year
Agency says higher interest rates could be in store for 85% of home loan renewals in 2025
Nearly 1.2 million fixed-rate mortgages across the country are up for renewal in 2025, government data shows, creating a financial risk for the 85% of homeowners who contracted the...
Primaris eyes several additional purchases after Quebec City mall deal
'Expanding opportunity' emerges to grow portfolio via acquisition, retail REIT CEO says
Enclosed shopping mall owner Primaris REIT is moving quickly on the acquisition front: The company's CEO said seven properties are on its sites, even as population growth slows acr...
First Capital sells properties in challenging transactions market
Retail REIT says valuations could rise, assessment backed up by analyst report
Toronto-based First Capital REIT, one of the country's largest retail landlords, said it is still selling assets in what its CEO said has been a challenging market for transactions...
Brookfield Asset Management moving its head office to New York
Decision to relocate operation from Toronto aimed at expanding institutional investor base, access to capital
Brookfield Asset Management is moving its head office to New York from Toronto to expand its institutional investor base and access to capital.
Allied sees improving office demand as it tackles debt
But analysts cast doubt on REIT's forecast, encourage distribution changes
Allied Properties, one of the country's largest office real estate investment trusts, continues to face pressure to lower its distribution as questions persist about its debt.
Canada's largest public auto REIT makes first move into US
Automotive Properties ties up property in Central Florida, looks to Montreal for expansion in home country
Automotive Properties Real Estate Investment Trust, Canada's largest publicly traded car dealership REIT, is making its first move south of the border through the acquisition of a ...