Are there buyers for the Cominar REIT portfolio?

Are there buyers for the Cominar REIT portfolio?

Cominar Real Estate Investment Trust’s intention to sell its entire real estate portfolio outside of its core markets in Montreal, Quebec City and Ottawa/Gatineau raises the question as to what exactly the current investor appetite is for commercial properties.

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Building underway at Calgary’s massive University District

For decades, 200 acres of land on the University of Calgary property sat empty waiting for development. Today, University District is a massive mixed-use project on its way to becoming the jewel of northwest Calgary offering office, retail, and residential space as well as parks and public realms. The estimated cost to build the entire project is $25 billion to $35 billion.

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Government policies hot topic at TO apartment conference

Proposed Ontario government policies regarding rental housing introduced in the spring were still a major topic of discussion at Wednesday’s Canadian Apartment Investment Conference at the Metro Toronto Convention Centre.

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Vancouver property sales flirting with 2016 record: Altus Group

The residential land market set the tone as approximately $6.9 billion in property sales were transacted across Metro Vancouver in the first half of 2017. That pace matched the torrid first-half dollar total of last year, according to a new report by Altus Group.

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UPDATE: Slate buys 2 more U.S. shopping centres

It’s been anything but a quiet summer at the lake for executives at Slate Retail Real Estate Investment Trust. In the past three months, the REIT has purchased 10 U.S. shopping centres. Two of those announcements have come in the past five days, the purchases of North Lake Commons in Chicago and Dorman Centre in South Carolina.

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Making grocery shopping more convenient since 1974

I’m about to really date myself here, but as a kid do you remember going to the grocery store and watching the cashier type each item into a till? Bar code scanning changed many business practices, but none more significantly than grocery stores.

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One year ago: RioCan REIT’s big city bet still paying off

Edward Sonshine still remembers the moment that changed the fate of Canada’s largest REIT. It was more than a decade ago that the RioCan chief executive was reading a Statistics Canada report. “It was all about population growth so it caught my interest because at the end of the day retail is all about population,” he explained.

Property Biz Canada

Six months ago: Killam, KingSett finalize Kanata complex acquisition

The final phase of William’s Court at Kanata Lakes, the largest rental apartment complex built in Canada in more than 40 years, has been sold by developer Francis Lépine’s Lépine Corporation to Killam Apartment Real Estate Investment Trust and KingSett Capital.

Property Biz Canada

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