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Canadian Property Management

Retail market trends on the GTA horizon: report

The demand for office property fueled a $10.3 billion investment surge in commercial sectors across the Greater Toronto Area (GTA) during 2014 and retail investment

REMI Network

La Coop federee now sole owner of Groupe BMR

Groupe BMR is now a wholly owned subsidiary of the agricultural and agri-food cooperative La Coop federee. Looking to build on the retail sector, particularly

REMI Network

Cynthia Devine named CFO of RioCan

Cynthia Devine will assume the role of chief financial officer of RioCan beginning March 16, 2015. Her vast financial experience extends to senior executive positions

REMI Network

Quebec City’s Place Ste-Foy plans for big revamp

Ivanhoé Cambridge is investing more than $50 million in Quebec City-based shopping centre, Place Ste-Foy. In the first phase of redevelopment, the money will fund

REMI Network

RioCan closes on BMO portfolio, retail centres

RioCan has finalized the purchase of 18 Bank of Montreal (BMO) branch locations, along with three shopping centres. The BMO branches, acquired for $49.4 million,

Canadian Property Management

Vacancies pending as Target departs Canada

Target will vacate 133 retail stores, plus industrial and office space after announcing the termination of its Canadian operations.

REMI Network

Gupta Group buys T.O. site for mixed-use project

The Gupta Group/Easton Group has purchased a 3.2-acre parking lot located in Toronto at York Mills Road and Yonge Street, with plans to transform the

REMI Network

Safeway to pay $10 mill for dumping chemicals

As part of a legal settlement, Safeway Inc. has agreed to pay nearly $10 million in penalties for illegally disposing hazardous waste in local California

REMI Network

Retailers still selling toxic holiday decor: study

‘Tis the season to be environmentally-friendly? The Ecology Center, a non-profit organization based in Michigan, U.S., has raised this question after finding that popular retailers

REMI Network

Melcor acquires Edmonton’s White Oaks Square

Melcor REIT has fully acquired White Oaks Square shopping centre in Edmonton. The mixed-use office and retail destination situated in more than five buildings across
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REMI Network

Retail market gains Chemical Footprint Project

Corporate and NGO leaders have launched a tool called the Chemical Footprint Project (CFP) to speed up the retail market’s move toward safer chemicals. Similar

Canadian Apartment Magazine

New York multifamily development announced

In partnership with the USAA Real Estate Company, Madison Realty Capital (MRC) has announced plans for a $88.5-million multifamily development in Brooklyn, N.Y. The project will include an eight-storey, 191-unit apartment building with studio, one- and two-bedroom residences and ground floor retail space.

Canadian Property Management

Retail real estate supports Canadian economy

The Real Property Association of Canada (REALpac) estimated that the contributions of the retail real estate sector to the Canadian economy in 2013 was a

REMI Network

Triovest Realty appoints new retail VPs

Tom D. Falls and John G. Crombie have both been appointed as senior vice-presidents of the retail division at Triovest Realty Advisors. Falls stepped into

REMI Network

Choice Properties closes major Loblaw purchase

Choice Properties Real Estate Investment Trust recently finalized a portfolio acquisition of 16 properties from subsidiaries of Loblaw Companies Limited for $211.9 million. The portfolio

REMI Network

Edmonton mall announces massive revamp

Londonderry Mall in northeast Edmonton has embarked on a $130-million renovation and remerchandising project to enhance the shopping experience for existing clientele and new markets.

REMI Network

ICSC awards honour industry’s best in Canada

The ICSC Canadian Shopping Centre Awards were handed out at the Toronto Metro Convention Centre on September 23, honouring the industry’s best. Besides the numerous