Metro selling baking facility, Dollarama recalls spices, two employees from Ottawa store mourned as they die in a week, uncertain future for businesses at 55 ByWard Market Square in Ottawa, Save-On-Foods opens in Lillooet, and other news.
RioCan Real Estate Investment Trust has divested its 50% stake in FourFifty The Well in Toronto to Woodbourne Capital for $188 million. This marks a strategic move as RioCan focuses on its core retail operations while Woodbourne gains full ownership of the rental tower.
Vancouver-based Lotus Capital has acquired Plaza 33 in Kelowna, extending a growing Canadian strategy focused on grocery-anchored and necessity-based retail centres.
Transaction volume remained consistent with historical levels, with 54 deals completed and activity evenly split between the first and second halves of the year.
The Condo Retail Sales Report: Trends and Insights 2019-2024 by JLL examined the condo retail real estate market trends in Toronto, analyzing transaction data to provide insights into market performance and dynamics.Â