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Minto REIT Price Rising, Analysts Expect More
Minto Place at 180 Kent St. in downtown Ottawa.Canada's newest apartment real estate investment trust is already undervalued, according to a couple of Bay Street analysts who initiated coverage of the REIT. Ottawa-based Minto Apartment REIT started...

Hines, Ivanhoé Cambridge to Begin Building Latest Downtown Houston Skyscraper at Former Chronicle Site
Hines, in a partnership with Ivanhoé Cambridge, is proceeding with plans to build a 1 million-square-foot skyscraper on the former site of the Houston Chronicle building in downtown Houston, adding to the skyline of the fourth-biggest U.S. city. The...

RioCan to Exit Key Mink Mile Location
CoStar News can report RioCan Real Estate Investment Trust is selling a key asset on Toronto's prestigious retail strip known as the Mink Mile, a move that seems to fly in the face of the REIT's urban growth strategy. But sources close to the deal...

Avison Young Gets $250 Million Infusion from Leading Canadian Pension Fund
Caisse de dépôt et placement du Québec, one of Canada's largest pension funds, is making a $250 million preferred equity stake in commercial real estate firm Avison Young, which plans to use the cash to accelerate its plans for global growth. Avison...

Agellan Finds Lead Tenant for Largest Chicago-Area Property in Portfolio
Toronto-based Agellan Commercial Real Estate Investment Trust said it has locked down a tenant to occupy 80 percent of the space about to be vacated at its largest property located in suburban Chicago. The REIT said it had agreed to a lease with Aldi...

Colliers Creates Unit for Cannabis Operators
Why sell cannabis when you can sell cannabis operators? As the countdown continues to Oct. 17, 2018, for legalization in Canada, Colliers International says it is expanding its operation to create a unit to act on behalf of growers. Photo Credit...

True North Buying Seven Buildings Totalling 486,000 SF Across Canada
Pictured: True North's headquarters building at 3280 Bloor Street West in Toronto.Toronto-based True North Commercial Real Estate Investment Trust says it is adding seven office buildings totalling 486,000 square feet of space to its portfolio, but can...

Davpart Pays $38.1 Million for Scotiabank Building
Davpart, a local full service real estate investment and property management company, has acquired the Scotiabank Building in Toronto from Slate Asset Management for $38.1 million, or about $438 per square foot. The office building delivered in 1978...

Portfolio in Little Italy Hits the Market
Pictured: The S Jose Home Hardware store, one of 10 properties the De Sao Jose family has put on the market for sale.The De Sao Jose family has been operating a hardware store at 556 College Street in Toronto for over 40 years, and in that time has assembled...

1 Million-SF Amazon Fulfillment Centre Headed for Ottawa
Amazon is planning a fulfillment centre in the Canadian capital that will be larger than 1 million square feet, said the Canadian company chosen to build it. Montreal-based Broccolini disclosed it had been picked by the Seattle-based online e-commerce...

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