Kingsett Capital

First Capital REIT unitholders have approved the company's sale to KingSett Capital and Choice Properties, marking a turning point for one of Canada's most influential retail real estate companies and raising questions about the future of key urban retail districts including Toronto's Yorkville.

First Capital REIT acquired as Westons expand retail empire, Skip the Dishes lays off staff and closes delivery service centres in Canada, Canada Post begins ending door-to-door delivery, Doug Ford slams city-run grocery stores, Foot Locker shuts Queen West store in Toronto, and other news.

First Capital REIT is being acquired by KingSett Capital and Choice Properties REIT in a $9.4 billion unit and cash deal.

KingSett Capital’s Growth LP8 acquires 50% of CF Masonville Place, reinforcing its retail investment strategy in Canada.

SixtyEight is a 20,000-square-foot meeting and event space.

Shoppers Drug Mart will open a 17,000 sq. ft. store at 700 University Ave in Toronto’s Discovery District, offering direct street access and PATH connection.

The womenswear brand has been available in limited distribution at Nordstrom and Saks Fifth Avenue. The new store signals confidence in brick-and-mortar retail at an important location.

The Swedish home furnishings retailer will open its first urban store in Canada after acquiring a commercial podium at Aura.

GetintheLoop has partnered with mall landlords on innovations at an unprecedented time.

The US-based luxury women’s fashion brand has opened an impressive Bloor Street storefront with a first-for-North America concept contained within.