Retail
Canadian Property Management
Parallel receivership set for some HBC sites
A court-appointed receiver will administer assets within the RioCan-HBC joint venture, separate from, but in parallel with the Hudson's Bay Company's CCAA proceedings.
Canadian Facility Management & Design
Nova Scotia scrutinizes liquor retailing
Nova Scotia has launched a public consultation with a possible eye to expanding the number and types of venues where alcohol can be purchased and/or consumed.
Canadian Property Management
HBC leases transitioning as shutdown nears
Central Walk Properties is negotiating to acquire the leases for 28 soon-to-be shuttered Hudson’s Bay Company retail locations in a deal that would expand its Canadian footprint.
Canadian Apartment Magazine
RioCan to divest $197M in residential assets
Toronto-based RioCan announced agreements to divest its 50 per cent stake in four rental properties within its RioCan Living portfolio as it strengthens its core retail focus.
Canadian Facility Management & Design
Retail spaces harness visual merchandising
Visual merchandising focuses on two critical elements as part of space planning: zone planning and fixture layouts.
Canadian Property Management
Manitoba takes lead in nixing property controls
Manitoba consumers could see the distance shrink between competing grocery stores with the adoption of new provincial legislation addressing restrictive covenants and exclusivity clauses.
REMI Network
Mixed-use plans for 34-acre greenfield in Waterloo
The City of Waterloo has approved the sale of the city-owned Former Kraus Lands to Urban Legend Developments.
Canadian Property Management
New consultancy targets Atlantic Canada retail
Peter Mackenzie, former chief investment officer at Plaza REIT, has launched a new consultancy to promote retail development opportunities in Atlantic Canada.
Canadian Property Management
Primaris to trade three enclosed shopping centres
Primaris Real Estate Investment Trust is set to pump up its holdings with major acquisitions in Ontario and Alberta, with its first disposition of an enclosed mall to follow soon after.
Canadian Property Management
New tax credits on CRE’s U.S. election wish list
New tax credits for investments in energy efficiency and office-to-residential conversions are on the wish list for commercial real estate ahead of the United States election.
Canadian Facility Management & Design
Investigators seek input on property controls
The Competition Bureau is continuing to examine the use of exclusivity clauses and land covenants in Canadian grocery retailing via a newly issued call-out for input from the real estate sector.
Canadian Property Management
Toronto plan advocates commercial rent control
Commercial rent control is a suggested tool to protect small business tenants in a proposed new 10-year strategy to stimulate and manage economic growth in Toronto.
Canadian Property Management
Retail squeeze buoys mixed-use development
Mixed-use developments represent one of the few options for new retail space in Canada's largest markets, as demand and rental rates continue to rise.
Canadian Facility Management & Design
RBC upgrading HVAC systems in bank branches
RBC plans to invest $35 million over three years to begin upgrading HVAC systems across its network of more than 1,200 retail bank branches in Canada.
Canadian Property Management
Swing space allowance enables booze sales haste
Temporary leeway to shelve alcohol in various, non-contiguous areas of Ontario grocery stores is part of the two-week advance in the rollout of the province's new liquor retailing regime.
Canadian Property Management
Grocery store lease clauses under scrutiny
Canada’s Competition Bureau is investigating whether dominant grocery retailers are using exclusivity clauses and restrictive covenants to improperly curtail rival businesses.
Canadian Property Management
Ontario retailers ponder alcohol sales viability
Leases and logistics will be major factors in whether Ontario retailers can act on pending flexibility to sell beer, wine, cider and ready-to-drink alcohol-infused beverages in grocery and convenience stores.
