real estate

Leyad acquires Intercity Shopping Centre in Thunder Bay

Intercity Shopping Centre serves as the city's primary retail hub and draws shoppers from across Northwestern Ontario.

RioCan says grocery, pharmacy and value retailers fuel leasing momentum

With retail occupancy reported in Q1 at 98.6%, it’s pretty much a record for the REIT.

Slate Grocery REIT reports Q1 2026 results with rental revenue growth of nearly 12% yoy

Portfolio occupancy remained stable at 94.4% as at March 31, 2026.

Calgary retail market stable with healthy demand: JLL

The vacancy rate remains stable at 2.4 per cent − among the lowest in North America.

Daily Synopsis: May 11, 2026

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.

CT REIT announces 3.5% distribution increase and “strong” Q1 2026 results

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

SmartCentres reports strong retail demand in Q1

Leasing momentum remained resilient, with approximately 56,000 square feet of vacant space leased during the quarter.

First Capital REIT reports “solid” Q1 results.

Total portfolio occupancy of 97.2%, representing an increase of 30 basis points year-over-year

Primaris REIT Repurposing Malls After Hudson’s Bay Closures

Primaris REIT is repurposing former Hudson’s Bay stores, turning anchor closures into a strategy to reshape Canadian shopping centres.

Retail-focused strategy delivers strong Q1 results: RioCan 

Committed retail occupancy of 98.6% reflects structurally constrained retail supply across RioCan's markets and resilient tenant demand.

Primaris REIT sees hike in total rental revenue in Q1

“The quarter reflected strong leasing and operational execution across the portfolio.”

Canadian retail resets as 17 million square feet returns to market

“Canada’s retail market is moving through a supply-led reset, but demand has not broken.”

Armco Capital acquires Stephen Avenue Place and adjacent buildings in downtown Calgary

Landmark transaction brings together a prominent Class A office tower and a rare collection of contiguous high-street retail properties on Stephen Avenue, Calgary's most recognized pedestrian corridor.

Toronto’s The Distillery Historic District announces opening of The Cooperage Marketplace (Photos/Video)

The Cooperage Marketplace is in one of the site’s most historic buildings, from the 1860s.

Calgary’s retail market remains extremely tight: Barclay Street Real Estate

Central Business District continues to report the highest vacancy among all submarkets at 7.5%.

First Capital REIT acquired in deal worth $9.4 billion

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

Galion buys 5 RONA stores on Montréal’s South Shore

Marking a key strategic milestone for Galion, this initiative adds 620,000 square feet to its portfolio.

Gray Collection unveils Metcalfe Montréal

Metcalfe Montréal redefines the downtown boutique‑hotel standard and offers a strategic base for business guests.

Retail investment in Calgary dips in 2025: Barclay Street Real Estate

Transaction volume remained consistent with historical levels, with 54 deals completed and activity evenly split between the first and second halves of the year.

Plaza Retail REIT announces 2025 results

Plaza's portfolio at December 31, 2025, includes interests in 191 properties totaling approximately 8.8 million square feet across Canada and additional lands held for development.

Vancouver dessert brand plans expansion through franchising

The Praguery’s operational model leverages small, efficient retail spaces to maximize profitability.

Activity picking up at Calgary CF Market Mall and CF Chinook Centre

Demand for space at both shopping centres has strengthened to start the year, with multiple retailers under construction, major brands returning or expanding.

Ontario Court Recognizes Eddie Bauer Bankruptcy

Ontario court recognizes U.S. Chapter 11 for Eddie Bauer, integrating Canadian stores into cross-border restructuring.

CT REIT reports Q4 and 2025 annual financial results, portfolio continues to expand

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.

Kildonan Place announces $30-million redevelopment and new zero waste food court (Renderings)

This project reflects the centre’s ongoing commitment to offering a welcoming, modern, and community‑focused environment for shoppers and tenants.
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