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RioCan Sells Vancouver-Area Shopping Mall for $155 Million

Toronto-Based REIT Also Names Former Banker From Morgan Stanley to Its Board
The Strawberry Hill Shopping Centre in the Greater Vancouver city of Surrey. (Justin Eckersall/CoStar)
The Strawberry Hill Shopping Centre in the Greater Vancouver city of Surrey. (Justin Eckersall/CoStar)
CoStar News
February 1, 2024 | 10:58 P.M.

Toronto-based RioCan Real Estate Investment Trust sold a shopping centre in Greater Vancouver for $155 million, the latest property sale by the REIT that's looking at sales as part of its focus on major markets.

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