Today, the Slate Canadian Real Estate Opportunity Fund I closed on a 6.2 million square foot portfolio that it previously announced it was acquiring from Cominar Real Estate Investment Trust for approximately $1.14 billion. The portfolio includes office, retail, and industrial properties in the GTA,… Read More
On Monday, RioCan REIT announced its new residential brand: RioCan Living. This is the group that will now be responsible for redeveloping the 43 properties within their portfolio that they have identified as having intensification potential. Here’s how they are describing the new brand: “RioCan… Read More
In 1960, real estate investment trusts were created in the U.S. with the goal of democratizing real estate ownership. Here’s how Yale professor Robert Schiller described it: “REITs were created by law in 1960 to democratize the real estate market and make it possible for a broad… Read More
St. Lawrence by Ralph Sobanski on 500px I have an announcement to make on Architect This City today. Next week I’m joining the development team at CAPREIT (TSE: CAR.UN) here in Toronto. CAPREIT is one of Canada’s largest residential landlords. They are a growth-oriented real estate… Read More
