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Primaris builds 'robust liquidity' for retail acquisitions

Steve McLean Commercial Retail National 3 hours ago

Primaris REIT (PMZ.UN-T) is coming off a strong first quarter, has been expanding its shopping centre portfolio, and has significantly increased its war chest for further acquisitions, CEO Alex Avery said during its May 2 quarterly financials call. 

Markham King Square mall, development land in receivership, for sale

Don Wilcox Commercial Retail Toronto / GTA 1 day ago

One of the country’s largest Asian-style shopping centres, the 340,000-square-foot King Square in the Toronto suburb of Markham, along with an adjacent development land parcel are being administered for sale by Ernst and Young under a court-ordered receivership process.

Starlight lists 26-property, 2,643-apt. Canadian portfolio for sale

Steve McLean Residential Apartments Ontario 2 days ago

Starlight Investments has placed a portfolio of 26 multifamily assets with 2,643 housing units in eight Ontario and British Columbia markets up for sale. If a transaction is closed, it would almost certainly be one of the largest of the year for the sector.

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Father-son development team to create Penticton Innovation District

Two generations of B.C.’s Sethi family are bringing their development firms together to create Penticton’s new 10-acre mixed-use Innovation District community, a project that could result in a $900-million investment before it's fully built-out.

Kathy Kerr Commercial Mixed-Use British Columbia Apr. 22 2024

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Podmore to retire from Concert; senior moves at CBRE, AY, HomeEquity

David Podmore, who co-founded Concert Properties in 1989 and has served in senior executive roles with the firm for 35 years, will retire as chairmanJune 30. We also report executive moves at CBRE, Avison Young, HomeEquity Bank and more...

Don Wilcox Commercial Executives National Apr. 24 2024

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