CRE

Headquartered in San Francisco, Salesforce, the cloud-based software maker has made the statement that it will let most of its employees work remotely post-Covid, at least for part of the week. Similar announcements have been made by other…

ESTEVAN MERCURYSaskatoon – The whole economy changed with the advent of COVID-19 in March, 2020. But prior to that, things were, well, more normal. And that's why year-over-year realty sales figures in Saskatchewan for January, 2021,…

TORONTO – RioCan Real Estate Investment Trust says it is cutting its payouts to unitholders by a third as the COVID-19 pandemic creates an uncertain future for shopping centres.RioCan, which counts Dollarama, Canadian Tire and Costco…

MONTREAL – The real estate arm of Quebec's pension fund manager has laid off about 50 people, mostly outside of Quebec, as it continues efforts to turn around the performance of its shopping centres.Ivanhoe Cambridge's latest…

Air filters have become big business in the age of COVID-19, for the HVAC companies that can get their hands on them.As indoor air quality becomes a major concern in places of business, HVAC companies are struggling to keep up with…

Canadian mall owners are well-positioned to acquire key retail tenants in their portfolios in the months ahead, said Bradley W. Snyder, a Tiger Group Executive Managing Director, during a retail-focused webinar hosted by Insolvency Insider.…

TORONTO – RioCan Real Estate Investment Trust says its third-quarter profit was down $60 million from the same time last year as it felt the impact of the COVID-19 pandemic on its tenants.The real estate trust announced $117.6…