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Chartwell acquires $248M in new-build retirement residences

Residential Seniors Housing Quebec City 20 hours ago

Chartwell Retirement Residences (CSH-UN-T) has continued its expansion in the Quebec City region with the purchase of two recently-built retirement residences, and the acquisition of the 15 per cent interest it did not already own in a third facility.

Primaris sells St. Albert Centre mall near Edmonton for $60M

Don Wilcox Commercial Transactions Edmonton 1 day ago

Primaris REIT (PMZ-UN-T) has announced its second shopping centre sale of 2025, divesting the Hudson’s Bay-anchored, 352,900-square-foot St. Albert Centre just outside Edmonton for $60 million.

Canada's downtown office vacancy inches down: CBRE

Steve McLean Commercial Office National 1 day ago

Toronto and Vancouver enjoyed positive net absorption of office space in Q1 2025, according to new CBRE reports. And in a first since Q1 2020, the national downtown office vacancy rate dipped slightly led by Toronto and Vancouver.

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MCAN names Sutherland president, CEO; Wall, Saint-Gobain appoint CEOs

MCAN Mortgage Corporation (MKP-T) has appointed Derek Sutherland as president and chief executive officer. Sutherland has acted as interim chief executive officer for the past four months and has been chair of the board of directors since 2020. 

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