commercial landlord

TORONTO — CBRE says Canada's national office vacancy rate hit an all-time high in the first quarter of the year.The real estate firm says the country's overall office vacancy rate amounted to 17.7 per cent, while downtown office…

TORONTO — Nordstrom's departure from Canada's retail landscape will leave significant holes in shopping malls, and some analysts say landlords will need to get creative to fill the space.If malls want to find similar tenants to…

TORONTO – The outlook for commercial real estate looks ``bumpy'' in the near term, but CBRE's 2023 forecast predicts a soft landing could still be in the cards.The Canada Real Estate Market Outlook report, released Tuesday, predicts…

TORONTO — RioCan Real Estate Investment Trust reported net income in the third quarter of $3.2 million, down from $137.6 million the year before, attributing the drop to a net fair value loss on investment properties.The…

TORONTO — In the first months of the COVID-19 pandemic, Shopify Inc.'s Tobi Lutke was among the first tech leaders to declare most of his staff would ``permanently work remotely'' because ``office centricity is over.''His belief in…

TORONTO — RioCan Real Estate Investment Trust executives say the business can weather economic headwinds even after reporting its second-quarter net income was almost halved since last year.While a near 40-year high inflation level is…

TORONTO – Commercial real estate firm CBRE says for the second quarter in a row, the country's suburban office vacancy level was lower than the rate seen for downtown regions.The firm says the national suburban office vacancy rate…

TORONTO – RioCan Real Estate Investment Trust is seeing strong demand for retail space, even as companies work to recover from the effects of COVID-19 and cope with rising inflation.Jonathan Gitlin, the real estate company's chief…

TORONTO – RioCan Real Estate Investment Trust is ``pruning'' its tenant mix to ensure malls and other retail spaces it owns are filled with resilient businesses that are best positioned to weather any further COVID-19 upheaval.Chief…

SmartCentres Real Estate Investment Trust reported its financial and operating results for the quarter ended June 30, 2021.``Our second quarter results reflect the continued strength of our portfolio that experienced collection…