Residential

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

Lee Rivett - July 16, 2026

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.

Cadillac Fairview launches first residential rental project in Calgary (Renderings)

Mario Toneguzzi - November 6, 2025

It also continues to explore residential development on its shopping centre lands.

- Advertisement -

About

Contact

Media

Advertising and Sponsorship

Follow

© 2025 Retail Insider Media Ltd. All Rights Reserved. The content on this website is protected by the copyrights of Retail Insider Media Ltd. or the copyrights of third parties and used by agreement. No part of any of the content of this website may be reproduced, distributed, modified, framed, cached, adapted or linked to, or made available in any form by any photographic, electronic, digital, mechanical, photostat, microfilm, xerography or other means, or incorporated into or used in any information storage and retrieval system, electronic or mechanical, without the prior written permission of Retail Insider Media Ltd. or the applicable third party copyright owner.