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Immostar names co-presidents to lead $1B Quebec real estate portfolio

Danny Kucharsky Commercial Development Quebec City 6 hours ago

François Pelchat and Kevin Lachance have been tapped as co-presidents of Immostar, taking the reins of the Quebec City real estate development firm founded 25 years ago by André Pelchat, who remains as chair of the board and strategic advisor. 

Wittington Investments, Fairfax to acquire Boots pharmacies in $12.7B deal

Tania Theriault Health Pharmacies International 6 hours ago

Wittington Investments, a Toronto-based investment company owned by the Weston family, announced this morning it will acquire The Boots Group in the U.K. and its associated businesses for $12.7 billion from majority owner Sycamore Partners, in partnership with Stefano Pessina and family.

Optima Living, Axium and DGAM acquire 5 Calgary-area seniors facilities for $300M

Steve McLean Commercial Seniors Housing Alberta 1 day ago

Optima Living, one of Axium Infrastructure’s managed funds and the Desjardins Global Asset Management-managed DGAM Global Private Infrastructure Fund have acquired five seniors living and continuing care communities in Alberta from The Brenda Strafford Foundation for around $300 million.

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Hines buys 17-storey downtown Calgary office tower out of receivership

Hines has acquired Life Plaza, located in downtown Calgary at 734 7th Ave. S., with Timbercreek Financial continuing as a strategic lending partner. Life Plaza was previously owned by Toronto-based Slate Asset Management but was placed under receivership in June.

Steve McLean Commercial Acquisition Calgary Sep. 24 2026

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Blasutti returns to RioCan; AIMCo picks new MD; new board members at Clarke and more

RioCan Real Estate Investment Trust (REI-UN-T) announced that Dennis Blasutti will resume his duties as chief financial officer, Clarke announces appointments to its board of directors, AIMCo's new senior managing director, a new BILD Alberta chair and more... 

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