Canada

Tire distributor Groupe Touchette has completed the expansion of its distribution centre at a Winnipeg-area trimodal inland port. The opening almost doubles Touchette’s footprint at the 20,000-acre CentrePort site and comes after the company acquired a 6.6-acre land parcel. Touchette previously operated within a 100,000-sf facility, opened in 2020, at the port. The company will …

RFA Financial has sold, or agreed to sell, 34 properties with a combined value of $535.7 million since February 1, said the company in an activity update. That date coincides with the completion of the merger between RFA Capital Holdings and now-defunct Artis REIT through a reverse takeover comprising a take-private transaction. The merged company …

The federal and British Columbia governments have announced a new partnership that will invest up to $3.2 billion over 10 years to reduce development-cost charges for multi-unit housing projects by as much as 50% and expand housing-enabling infrastructure across the province. The funding includes nearly $1.6 billion from Ottawa through the Build Communities Strong Fund, …

Bell Canada, Cohere, Hypertec and Buzz High Performance Computing (HPC) have entered into a major AI infrastructure agreement centred on Bell’s Merritt, B.C., data centre. The agreement is aimed at supporting advanced AI workloads on sovereign Canadian infrastructure. The partnership will combine Bell AI Fabric’s data-centre and connectivity services, Cohere’s enterprise AI models and solutions, …

Tire distributor Groupe Touchette has completed the expansion of its distribution centre at a Winnipeg-area trimodal inland port. The opening almost doubles Touchette’s footprint at the 20,000-acre CentrePort site and comes after the company acquired a 6.6-acre land parcel. Touchette previously operated within a 100,000-sf facility, opened in 2020, at the port. The company will …

Convenience-store and fuel-station giant Alimentation Couche-Tard acquired, built, reconstructed and relocated 53 stores in its latest fiscal year, the company reported. Couche-Tard said it acquired three company-operated stores, completed the construction of 37 new stores stores, relocated or reconstructed 13 stores, and acquired three fuel terminals in Germany during the fourth quarter of its latest …

Tire distributor Groupe Touchette has completed the expansion of its distribution centre at a Winnipeg-area trimodal inland port. The opening almost doubles Touchette’s footprint at the 20,000-acre CentrePort site and comes after the company acquired a 6.6-acre land parcel. Touchette previously operated within a 100,000-sf facility, opened in 2020, at the port. The company will …

Convenience-store and fuel-station giant Alimentation Couche-Tard acquired, built, reconstructed and relocated 53 stores in its latest fiscal year, the company reported. Couche-Tard said it acquired three company-operated stores, completed the construction of 37 new stores stores, relocated or reconstructed 13 stores, and acquired three fuel terminals in Germany during the fourth quarter of its latest …

Americold Realty Trust has opened its new cold-storage import-export hub in Saint John, N.B. The project at Port St. John was previously valued between $75 million and $80 million and marks Atlanta-based Americold’s expansion into Canada. Americold is leverage existing partnerships with logistics giant DP World, which operates the port, and Calgary-based railway operator Canadian …

Leon’s Furniture Limited has agreed to acquire the remaining 50% interest in its Edmonton distribution centre, which also serves as The Brick’s corporate headquarters, giving the company full ownership of the facility. Under the agreement, Leon’s will purchase the outstanding interest in the property from North 170 DC LTD, a subsidiary of Qualico Properties, for …

Spanish billionaire Amencio Ortega has acquired a 379,000-square-foot distribution facility in Oshawa, Ont., from Brocollini for $187 million, according to a published report. Ortega purchased the facility through his investment firm Pontegadea Inversiones, Toni Wodzicki, Brocollini’s vice-president of acquisitions and investments, confirmed in the report which stated that the transaction was an off-market deal. Lactalis …

Sagard Real Estate (SRE) and La Caisse have expanded their industrial outdoor storage (IOS) portfolio with the acquisition of a 13-acre property in Austin, Texas. The acquisition marks the latest investment by the joint-venture launched in March with an initial target gross asset value of US$360 million (C$490 million) focused on IOS assets in major …

Tire distributor Groupe Touchette has completed the expansion of its distribution centre at a Winnipeg-area trimodal inland port. The opening almost doubles Touchette’s footprint at the 20,000-acre CentrePort site and comes after the company acquired a 6.6-acre land parcel. Touchette previously operated within a 100,000-sf facility, opened in 2020, at the port. The company will …

Convenience-store and fuel-station giant Alimentation Couche-Tard acquired, built, reconstructed and relocated 53 stores in its latest fiscal year, the company reported. Couche-Tard said it acquired three company-operated stores, completed the construction of 37 new stores stores, relocated or reconstructed 13 stores, and acquired three fuel terminals in Germany during the fourth quarter of its latest …

Wesbild has halted a planned six-tower, 2,000-unit multi-residential development in Port Coquitlama, B.C. The master-planned project, known as PoCoPlace, was slated for the corner of Lougheed Highway and Westwood Street and would have included significant retail space and amenities. Phase 1 had been slated to include a 37-storey rental tower and a 35-storey condominium tower, …