Canada

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 …

Shindico has begun preleasing the retail component of its Peguis Promenade mixed-use development in East Winnipeg., with the project scheduled to welcome tenants in spring 2027. The company said the first two tenants have been secured, with Pür & Simple and Arby’s slated to open at the project in 2027. Peguis Promenade is planned as …

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, …

British Columbia will see limited new multi-family rental-housing development over the next two years as elevated construction costs, restrictive financing conditions and excess inventory continue to weigh on project feasibility, says a Cushman & Wakefield broker who specializes in the asset class. David Venance, an executive vice-president based in Cushman & Wakefield’s Vancouver office, told …

The Office of the Superintendent of Financial Institutions (OSFI) has lowered the Domestic Stability Buffer (DSB) for Canada’s six largest banks to 3% from 3.5%, a move aimed at allowing the country’s biggest lenders to deploy more capital in support of economic growth and investment. Canada’s Big Banks are expected to free up more capital …

Flying Tiger Copenhagen will enter the Canadian market with the opening of its first store at CF Toronto Eaton Centre at the end of June. The opening will mark the Danish variety retailer’s start of a broader expansion across the Americas, the company said. Flying Tiger Copenhagen plans to focus initially on the Greater Toronto …

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 …

BTG Capital has acquired Newfoundland and Labrador’s shuttered Stephenville International Airport through a court-monitored sale for an undisclosed price with plans to reopen the facility. The company announced Tuesday that purchased the property in Stephenville, NL on behalf of behalf of BTG Critical Infrastructure Co-Invest LP I and Stephenville International Airport Corp. (SIAC), establishing what …

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 …

Lankin Apartment REIT has acquired a 258-unit multi-family residential in Ottawa for an undisclosed price. The property is located at 1551 Lycee Place in the city’s Riverview neighbourhood. The REIT is controlled by Lankin Investments, which said the acquisition reinforces the firm’s presence in the National Capital Region, a market that benefits from government-anchored employment …

Laurier Capital and Kevlar Real Estate will merge their operations into a fully integrated commercial real estate platform, the companies announced. The merger is slated to take effect January 1, 2027. The firms said the agreement will combine Kevlar’s development expertise with Laurier’s investment and capital-markets capabilities. As part of the transaction, Kevlar will be …

The entire real estate portfolio of the financially troubled Groupe Finstar will be put up for sale through a court-supervised process aimed at maximizing recoveries for creditors, a court document shows. The decision was approved by Quebec Superior Court Justice Luc Morin, who sided with a proposal from receiver Raymond Chabot Grant Thornton to sell …

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, …