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