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