real estate

Lululemon Cuts Store SKUs by 15% as Retailer Slows Expansion

Craig Patterson -
Lululemon is cutting store SKUs by 15%, testing localized assortments and slowing net expansion while continuing to invest in Canadian stores.

MONTONI partners with Super C and Jean Coutu to develop new retail complex in Mascouche, Quebec

Mario Toneguzzi -
MONTONI develops, builds and manages real estate projects and it has completed more than 700 projects representing over 30 million square feet of industrial, commercial, institutional and residential construction and 30 corporate campuses, with another 25 million square feet under development–an impressive portfolio of properties across Québec.

Promenades St-Bruno to invest $49.5M in food court redevelopment, new retail space

Mario Toneguzzi -
The project will relocate the existing lower-level food court to the current Marché des Promenades location, allowing the former food court area to be converted into retail space.

Grocery, pharmacy and fitness fuel strong leasing demand for RioCan properties

Mario Toneguzzi -
The company’s retail portfolio is now effectively 99 per cent leased, supported by population growth, limited new retail supply and a tenant base that has become more resilient and necessity-focused.

Westcliff acquires Kingsway Mall in Edmonton

Mario Toneguzzi -
On a 41.8-acre site, the 880,049-square-foot shopping centre features more than 160 stores and services.

Daily Synopsis: August 17, 2026

Retail Insider -
Australian vs Canadian beef in grocery stores, Purdy's looks to relocate Vancouver factory, rare orange lobster named 'Pumpkin' in Chatham Superstore, Justin Trudeau seen dancing with Kaky at a Montreal Home Hardware, and other news.

CBRE seeks grocery store for Saskatoon’s downtown redevelopment

Mario Toneguzzi -
The downtown area has several convenience stores and small markets, but residents generally have to travel to suburban locations for larger grocery purchases.

No plans revealed yet for Calgary Downtown Bay

Mario Toneguzzi -
The 115-year-old downtown Bay building was sold by CBRE’s National Investment Team - Calgary to local developer Astra Real Estate Corp., which has been active in recent years in repurposing older downtown office properties into residential conversions.

Centre Rockland Sold as Future Plans Unfold for Montreal Mall

Craig Patterson -
Centre Rockland in Montreal has been sold to Jadco in a reported $1 share deal as questions emerge over the shopping centre’s long-term future.

Westrich to Acquire and Redevelop Edmonton City Centre

Craig Patterson -
Westrich Pacific plans to acquire and redevelop Edmonton City Centre, with 1,500 residential units, new retail, entertainment and wellness uses planned.

Daily Synopsis: Aug 10, 2026

Retail Insider -
Safeway reopening at Oakridge Park this month, Giant Tiger shuts The Pas store, Sysco expanding in Canada, SUKOSHI opening at West Edmonton Mall, and other news.

Crombie REIT Reports Strong Rent Growth Driven by Grocery-Angled Retail

Craig Patterson -
Crombie REIT posted a seventh consecutive quarter of double-digit renewal rent growth as demand remains strong for grocery-anchored retail space across Canada.

SmartCentres reports steady leasing gains in second quarter as occupancy rises, FFO unchanged

Mario Toneguzzi -
The Toronto-based REIT said occupancy reached 98.1 per cent as of June 30, up from the previous quarter.

Fairleigh Dickinson University Opening New Campus at Oakridge Park in Vancouver

Craig Patterson -
Fairleigh Dickinson University will open a 70,000-square-foot Vancouver campus at Oakridge Park, bringing new weekday activity to the mixed-use development.

Daily Synopsis: July 30, 2026

Retail Insider -
Shoppers Drug Mart Expanding lower-priced fresh food, Aesop expanding Canadian store network, World Cup drove international card use in Canada, Canada Goose reports positive earnings, and other news.

Primaris REIT announces Q2 2026 results, leasing momentum “exceptionally strong”

Mario Toneguzzi -
At June 30, 2026, approximately 600,000 square feet of former HBC space was leased to high-quality tenants under long-term lease agreements with occupancy dates ranging from early 2027 to mid-2029.

First Capital REIT reports Q2 financial results, indicating a strong leasing volume

Mario Toneguzzi -
On a quarter-over-quarter and year-over-year basis, total portfolio occupancy decreased 0.1% to 97.1% at June 30, 2026, from 97.2% at March 31, 2026 and June 30, 2025, respectively.

Iconic Bavarian Inn site for sale in Bragg Creek, Alberta

Mario Toneguzzi -
Known by many as the BAV TAV, the Bavarian Inn Restaurant has been serving guests since the 1970s and has built a long-standing reputation for quality, consistency, and warm hospitality.

Choice Properties Real Estate Investment Trust reports results for Q2 with a higher net loss

Mario Toneguzzi -
On its website, the REIT said it had 699 properties, more than 18 million square feet in the development pipeline, 37 million square feet of grocery-anchored retail in the portfolio, and it had an industry-leading balance sheet with 7.0x Debt/EBITDA.

High-end street-front retail investment coming to Calgary: Barclay Street Real Estate report

Mario Toneguzzi -
At the close of Q2 2026, Calgary’s retail market continued to demonstrate resilience and momentum.

RioCan Sells 50% Share in FourFifty The Well to Woodbourne Capital for $188 Million

Lee Rivett -
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.

Walmart opening new Supercentre in Bramalea City Centre

Mario Toneguzzi -
The approximately 140,000-square-foot location will become a new anchor tenant at the shopping centre and offer a full grocery assortment, general merchandise, pharmacy, and pickup and delivery services.

Lotus Capital Expands Retail Platform with First Kelowna Acquisition

Lee Rivett -
Vancouver-based Lotus Capital has acquired Plaza 33 in Kelowna, extending a growing Canadian strategy focused on grocery-anchored and necessity-based retail centres.

RYCO Properties announces acquisition of Calgary’s Marlborough Mall

Mario Toneguzzi -
The mall, which opened in 1971, is 385,000 square feet on 47 acres.

Primaris Looks to Unlock Up to $375 Million from Excess Mall Lands

Craig Patterson -
Primaris REIT says its excess mall lands could be worth up to $375 million as the company evaluates more than 100 acres for potential residential, hotel and seniors housing development.
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