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Atlantic Canada

Crombie REIT sells Canada-wide retail portfolio for $161.6M

Don Wilcox Commercial Transactions National Apr. 11 2019

Crombie REIT (CRR.UN-T) will sell an 89 per cent, non-managing interest in 26 retail properties across Canada to an undisclosed U.S. private equity group. The sale price for the interest in the portfolio of mainly grocery-anchored properties is $161.6 million.

‘One-two punch’ lifts downtown St. John’s office vacancy to 26%

Steve McLean Commercial Market Reports Atlantic Canada Feb. 11 2019

The office vacancy rate in downtown St. John’s rose by 4.54 points to 26.69 per cent in 2018, pushing overall vacancy in the capital of Newfoundland and Labrador from 15.96 per cent to 17.21 per cent in December. This marks

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