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Kingsett Capital

Daily Synopsis: Apr 16, 2026

Retail Insider -
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 acquired in deal worth $9.4 billion

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

KingSett acquires stake in CF Masonville Place

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

World-class Toronto event and amenity space SixtyEight opens on top floor of Scotia Plaza (Photos/Video)

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

Shoppers Drug Mart to Open at 700 University Ave in Toronto

Craig Patterson -
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.

Upscale US-Based Brand ‘Lafayette 148’ to Open 1st Standalone Store in Canada in Toronto

Craig Patterson -
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.

IKEA Announces Downtown Toronto Store

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

Putting the Shopping Centre in the Palm of Your Hand – The Move to Mobile at Retail

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

St. John Flagship Store Opening Indicates Confidence in Toronto’s ‘Mink Mile’ [Photos]

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