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06/21/2018
Manulife Consolidating Canadian Division Headquarters in Kitchener-Waterloo
Manulife Financial Corp. is combining its Canadian division headquarters into one location in Kitchener-Waterloo, in a move that will tack up to 350,000 square feet on a market that is recovering from the downsizing of BlackBerry Ltd. As part of a...

06/21/2018
UPDATED: Ivanhoé Cambridge's Highwire Retail Act
Courtesy: CNW Group/Cirque du Soleil Canada Inc. One of the Greater Toronto Area's malls is set to become a Cirque du Soleil family entertainment centre as owner Ivanhoé Cambridge looks for new ways to reinvent its retail holdings. The new indoor...

06/20/2018
Canadian Private Equity Doesn't Fear U.S.
Pictured: Kelly Smith, chief executive, Strathallen; Greg Kalil, managing partner, Stormont Partners; Kevin Leon, chief executive, Crestpoint; and Dennis Mitchell, chief executive, Starlight Capital.The $3.8 billion takeover of Pure Industrial Real Estate...

06/20/2018
Cushman & Wakefield Files for Long-Awaited IPO
After more than a year of market speculation, Cushman & Wakefield on Wednesday filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering. The Chicago-based firm founded in 1917 submitted a confidential...

06/19/2018
RioCan's Davloor to Step Down, Firm Taps Gitlin as New COO in Shake Up
Pictured: Raghunath Davloor (left) to step down as president and COO of RioCan effective July 31; firm appoints Jonathan Gitlin (right) to succeed Davloor as COO.Courtesy: RioCan Real Estate Investment Trust.RioCan Real Estate Investment Trust's chief...

06/18/2018
Agellan Continues Office Exit, Moves Closer to Industrial Pure Play
Toronto-based Agellan Real Estate Investment Trust is selling a 118,500-square-foot office building in Charlotte, NC, a move expected to advance its goal of being an industrial-focused entity. The REIT has conditionally sold a five-story, multi-tenant...

06/14/2018
How to Sign a Lease With Your Parent Company
Pictured: John Sullivan, chief executive of Cadillac Fairview.Cadillac Fairview had a pretty good idea for a lead tenant for its latest office tower in Toronto - a 46-storey, 1.2 million-square-foot high-rise set for the fall of 2022. There was one...

06/13/2018
Cadillac Fairview Thinks Toronto Ready for New Tower
Courtesy: CNW Group/Cadillac Fairview Corporation Limited.Cadillac Fairview is teaming up with the Investment Management Corporation of Ontario on a new $800 million, 46-storey office tower for downtown Toronto with Cadillac's parent corporation committing...

06/13/2018
Montreal Flexible Workspace Provider Breather Gets $60 Million
Montreal-based flexible workspace provider Breather says it has raised another $60 million, which includes an investment from la Caisse de dépôt et placement du Québec. The Quebec-based pension fund and Singapore investment company Temasek, along with...

06/09/2018
UPDATED: IKEA Calls Off Plans for Big Box Stores in Three US Markets
After opening 27 stores in the U.S. in the past 15 years, iconic Swedish component-furniture retailer IKEA has called off expansion plans in three markets while it considers making potentinally far-reaching changes to its growth plans in a rapidly changing...

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