The Manitoba government is taking another step toward potentially moving freight train traffic out of Winnipeg’s urban core.

Ontario introduces a new tax credit to encourage a state of good repair in the logistics sector, and enhances its temporary tax credit for building and outfitting industrial facilities.

LaSalle Investment Management has acquired three industrial buildings in the Greater Toronto Area through its core real estate fund in Canada. This purchase reduces the fund's overall exposure to the office market.

Together, the two partners forming GID Industrial have 19 million square feet of industrial inventory in 15 American markets.

The deal will bring M7 Real Estate’s portfolio of €4 billion (CAD $6.16 billion) in assets under management across 14 countries to Oxford Properties' platform.