Canada
Pet Valu Expects to Open 40-50 New Stores in 2024
Pet Valu intends to launch 40-50 new stores across Canada in 2024, the company says. "Looking into ...Read more
Ontario Teachers’ Names Three New Managing Directors
The Ontario Teachers' Pension Plan Board has appointed new managing directors for its capital marke...Read more
Parkland Selling 157 Convenience Stores Across Canada
Parkland Corporation has begun to market 157 convenience stores and fuel-station assets for sale ac...Read more
Feds Invest $18.6M to Fast-Track 500 North Van Rental Homes
The federal government has reached an agreement with the City of North Vancouver to fast-track the ...Read more
Brookfield, HBC Properties to Sell NJ Retail Assets: Mayor
Canada's Brookfield Properties has agreed to sell a large mall in Woodbridge, N.J., says the town's...Read more
Artis Asset Sell-Off Generates Almost $500M
Artis REIT has generated upwards of $500 million from a widespread asset-sale effort that began las...Read more
JAMP Pharma to Acquire Quebec City Area Plant
JAMP Pharma has agreed to purchase a mothballed 100,000-square-foot biomanufacturing facility in th...Read more
Five Body Shop Stores to Close in Maritimes
The Body Shop will close five stores in the Maritimes as it goes through bankruptcy protection. ...Read more
BoC Likely to Hold Overnight Rate: Analysts
The Bank of Canada is expected to hold interest rates steady again this week in its rate decision. ...Read more
CBRE Expects Downtown Calgary Office Vacancy to Fall
The downtown Calgary office market experienced its most robust year of net absorption since 2014 in...Read moreBody Shop to Close 33 Canadian Stores
The Body Shop is closing 33 stores across Canada as the company goes through bankruptcy-protection ...Read more
H&R Debenture Sale Raises $250M
H&R REIT has raised $250 million through an unsecured debenture offering. Toronto-based H&am...Read more
People & Companies News for March 1, 2024
Gowling WLG has appointed Julie Lanteigne as the new leader of its Canadian real estate practice g...Read more
Boardwalk Completes Circle Acquisition
Boardwalk REIT has completed the acquisition of a new 295-unit Calgary apartment complex. Boardw...Read more
BTB Sells Two Office Assets for $6.2M
BTB REIT has sold two small office buildings in the Montreal suburb of Longueuil, Que., for $6.2 mi...Read more
Plenty of Debt Capital Available: RealCAPITAL Panelists
Optimism was in the air at Informa’s RealCAPITAL conference in Toronto this week. Robust comme...Read more
Choice Completes $600M in Transactions
Choice Properties REIT completed $600 million of transactions in 2023, says its parent company. ...Read more
CPPIB Sells New York Tower Stake for $1: Bloomberg
The Canada Pension Plan Investment Board has sold its stake in a New York office building for only ...Read more
Moderna Completes Montreal Vaccine Manufacturing Facility
Moderna has completed construction on its mRNA manufacturing facility in Laval, Que. The $250-mi...Read more