Canada
Investors Exhibit Confidence in Multi-Res, Industrial: Morguard
Canadian commercial real estate investment displayed positive momentum in the second quarter of 202...Read more
CPPIB to Invest Another $532M in Brazilian Water Company
The Canada Pension Plan Investment Board is giving a Brazilian water and sanitation services compan...Read more
Specsavers to Open Third Winnipeg Location
Specsavers will open its third Winnipeg eyewear location on Thursday. The new store will be loca...Read more
Latest BoC Rate Cut Garners Some CRE Industry Optimism
The Bank of Canada's latest interest-rate cut is garnering some commercial real estate optimism aft...Read more
Crestpoint Purchases 50% Stake in Three-Building Loblaw Portfolio
Crestpoint has acquired a 50% stake in a three-building portfolio from Loblaw Properties and Shoppe...Read more
Seven & i Rejects Couche-Tard’s Takeover Proposal
Japan's Seven & i Holdings has rejected Couche-Tard's initial takeover offer, but the Canadian ...Read more
Pet Valu Opens New Surrey Distribution Centre
Pet Valu has opened a new 350,000-square-foot distribution centre in Surrey, B.C., as part of a $1...Read more
Parkland Looking to Sell 100 Florida Retail Locations
Parkland Corporation plans to sell 100 Florida retail outlets to focus on higher-priority investmen...Read more
People & Companies News for Week Ending September 6, 2024
Alignvest Student Housing REIT has appointed Greg Kalil and William Young to its board, effective ...Read more
Caisse, Fonds Invest Another $575M in Énergir
Caisse de dépôt et placement du Québec (CDPQ) and Fonds de solidarité FTQ are investi...Read more
Birch Hill to Acquire Rexall from McKesson
Birch Hill Equity Partners has agreed to acquire the Rexall drugstore chain from McKesson for an un...Read more
Montreal’s Massive New Royalmount Mall Set to Open
After years of planning and development, Carbonleo's massive new Royalmount mall will open Thursday...Read more
CPPIB Teams Up with Blackstone to Buy Aussie DC Operator AirTrunk
The Canada Pension Plan Investment Board is teaming up with Blackstone to acquire Australian data-c...Read moreBank of Canada Lowers Key Interest Rate Again
The Bank of Canada has cut its overnight lending rate by another 25 basis points. The central ba...Read more
Brookfield Puts London Office Tower Up for Sale for £500M: Reports
Brookfield Properties has put its Citypoint office tower in London up for sale for $£500 million, ...Read more
QuadReal, Mattamy Unveil Plans for Clove at Toronto’s Cloverdale Mall
QuadReal Property Group and Mattamy Homes have unveiled designs for their Clove multi-family real e...Read moreBank of Canada Expected to Implement Third Summer Rate Cut
Analysts and economists are predicting that the Bank of Canada will introduce its third summer inte...Read more
NexLiving Completes Acquisition of Devcore MF Portfolio for $224M
NexLiving Communities has completed its acquisition of a multi-family property portfolio in Ontario...Read more
Wilmington Sells Calgary Land Parcels, Scraps Seton Project
Wilmington Capital has sold the Bow City Lands in southeast Calgary for about $9.1 million after sc...Read more