Retail

2018 investment returns

Canadian Property Management

Some drag in buoyant 2018 investment returns

A surging industrial sector helped to counterbalance slipping retail values and push up 2018 investment returns on Canadian commercial real estate.
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Facility Cleaning & Maintenance

PRSM releases best of janitorial practices report

PRSM has released the Best of Janitorial Practices to help retailers reduce expenses and operate more efficiently.
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Canadian Property Management

Crestpoint and Anthem acquire Victoria’s Tillicum Centre

Crestpoint Real Estate Investments and Anthem Properties have purchased the Tillicum Centre in Victoria for $110 million.
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Canadian Property Management

Morguard to invest in The Centre Mall upgrade

The Centre Mall in Saskatoon is getting a $43 million makeover with an investment from Morguard.
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Canadian Property Management

Quebec City mall reopens $52 million amusement park

Méga Parc at Galeries de la Capitale shopping centre in Quebec City is the second-largest indoor amusement park in Canada.
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Canadian Property Management

Partners REIT sells 11 Quebec retail properties

Partners REIT announced it has found buyers for its 11 Quebec retail properties, the transaction is expected to close early in the second quarter of 2019.
NEWSWIRE/STAPLES

Canadian Property Management

Staples Canada introduces new concept store

Staples Canada has rebranded as the Working and Learning Company and has launched its first new concept store in Kirkland, Quebec
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REMI Network

MUJI to reopen flagship store in downtown Toronto

Japanese retailer, MUJI, will be reopening its original Toronto location on Dundas Street on November 23.
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REMI Network

Burlington Centre celebrates two milestones

On Oct. 27, 2018 RioCan's Burlington Centre marked it's $60-million makeover with a grand re-opening. The shopping centre's celebration coincided with its 50th-anniversary.
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REMI Network

Five trends to impact retail facilities management in 2019

The top trends driving the facilities management industry identified in the PRSM 2019 Trends Report include the growth of mixed-use retail, batteries in energy management, the increased number of restaurants and medical services in retail spaces, and blockchain technology.
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Canadian Apartment Magazine

Developers weigh in on market drivers

Collectively, the 400+ C-suite and senior executives see more opportunity than threat in technological advancements, social change and a less economically stratified society.
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REMI Network

Hillcrest Mall unveils $90-million glow up

Oxford Properties Group's $90-million makeover of Hillcrest Mall, a BOMA Best gold certified regional shopping centre in Richmond Hill, Ont., is now complete.
GGP retail portfolio

Canadian Property Management

Brookfield closes on GGP retail portfolio

Brookfield Property Partners has now completed the USD $15-billion deal, begun more than nine months ago.
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Canadian Property Management

Constrained Toronto market curbs Q2 investment

Land deals accounted for half the value of real estate investment in the Greater Toronto Area during the second quarter of 2018, while activity in the office sector dipped considerably.
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REMI Network

Toronto tops list for most new international retailers in North America

For the second year running, Toronto has attracted the most new international retailers out of any North American city. According to a new CBRE report, Toronto
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REMI Network

Expansion underway at McArthurGlen Designer Outlet Vancouver Airport

A construction project at McArthurGlen Designer Outlet Vancouver Airport will additional retail space and up to 35 new luxury brands.
retail real estate

REMI Network

U.S. retail real estate remains competitive

Recent analysis from MSCI finds that retail asset performance actually edged slightly ahead of non-retail assets in the 2012-2017 period.