CT REIT

Net income however for CT REIT declined by 5.8% to $110.3 million from $117.1 million last year.

High occupancy and stronger replacement rents coexist with costly anchor redevelopments. Retail Insider’s Q3 report examines why openings, rent commencement and capital returns will determine the value of current leasing progress.

Canadian retail property conditions remained selective during Q3 2026, with near-full necessity-oriented portfolios contrasting with major former department-store vacancies. The report examines leasing spreads, committed occupancy and redevelopment requirements, focusing on the capital and execution needed to produce open, rent-paying space.

CT REIT reports 99.5% occupancy and double-digit rent increases as tight Canadian retail real estate conditions drive competition for properties.

Atelier Munro opens in Vancouver, Ikea opens plan-and-order store in Gatineau, PST retailer relief discussed in Manitoba, Golf Canada expands merch offerings, and other news.

The REIT also announced three new investments which will require an estimated $43 million to complete.

In 2025, CT REIT said it invested approximately $235 million in completed projects and ongoing developments and grew the portfolio by approximately 893,000 square feet of GLA.

CT REIT invested $45 million in previously disclosed projects that were completed in the second quarter of 2025, adding 142,000 square feet of incremental GLA to the portfolio

Oxford, CT REIT, and Canadian Tire launch a $200M redevelopment of Canada Square in Toronto, featuring modernized offices, retail, and improved transit access.

The CT REIT portfolio is comprised of over 375 properties totalling more than 31 million square feet of GLA, consisting primarily of net lease single-tenant retail properties across Canada.