RioCan reports strong demand for retail space, 17% leasing spreads and expansion opportunities as it outlines its strategy for portfolio growth heading into 2027.
RioCan reports 5.1% growth in third-quarter Core FFO per unit, record retail occupancy and higher leasing rents as it updates its 2026 financial outlook.
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.
This week in Canadian retail, growth initiatives, rising real estate demands, and strategic leadership shifts highlight sector resilience amid market challenges.
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.
Retail Insider's latest Real Estate & Leasing Report examines how limited retail space, selective investment, and redevelopment strategies are reshaping Canada's commercial property market, with growing performance gaps between prime retail assets and secondary centres.
The Well is a joint venture between RioCan and Allied, located at the gateway to Toronto’s downtown west – where the city’s top tourist attractions meet the vibrant King West neighbourhood.
RioCan REIT provides an official update following Hudson’s Bay Company’s CCAA filing, outlining joint venture exposure, secured credit support, and redevelopment potential across key Canadian retail sites.
Hudson’s Bay’s liquidation raises concerns for landlords like RioCan and Cadillac Fairview, creating uncertainty in retail real estate while opening redevelopment opportunities.
Hudson’s Bay faces a critical court battle as RioCan seeks to overturn rent suspensions, demanding HBC resume payments on 12 key retail properties in Canada.
RioCan owns, manages and develops retail-focused, mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work.