real estate

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.

Leyad acquires the Bay Centre in Victoria

Mario Toneguzzi -
The Bay Centre is a trophy retail and mixed-use asset spanning an entire city block and serving as a cornerstone of the city's retail and pedestrian core.

Leyad acquires Intercity Shopping Centre in Thunder Bay

Mario Toneguzzi -
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

Mario Toneguzzi -
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

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

Calgary retail market stable with healthy demand: JLL

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

Daily Synopsis: May 11, 2026

Retail Insider -
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

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

SmartCentres reports strong retail demand in Q1

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

First Capital REIT reports “solid” Q1 results.

Mario Toneguzzi -
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

Craig Patterson -
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 

Mario Toneguzzi -
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

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

Canadian retail resets as 17 million square feet returns to market

Mario Toneguzzi -
“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

Mario Toneguzzi -
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.
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