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Allied to raise $500M, takes $1B hit on property values, Emory to depart

Don Wilcox Commercial Allied Properties National 11 hours ago

Allied Properties REIT (AP-UN-T) has announced a plan to raise $500 million in equity as it works to improve its balance sheet in the face of a billion-dollar writedown on its property values in Q4 and an accompanying billion-dollar net loss.

Richmond Asset Mgmt. buys apt. building in new market: St. Catharines

RENX Staff Residential Apartments Ontario 9 hours ago

Richmond Asset Management is continuing its growth in southwestern Ontario, expanding into Niagara Region with the acquisition of a 79-apartment building in St. Catharines.

Oxford puts prime downtown Toronto office complex on sale block

Don Wilcox Commercial Office Toronto / GTA 2 days ago

UPDATED: Oxford Properties is testing the office transaction market with one of its most significant Toronto holdings, placing the Citigroup Place tower in downtown Toronto up for sale.

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Leyad says its former HBC space 83% committed to new tenants

Montreal-based Leyad announced Monday a series of operational and leasing accomplishments which it says underscores a “differentiated” approach to its retail properties amid a shifting landscape in the sector.

 

Don Wilcox Commercial Retail National Feb. 2 2026

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Teskey to succeed Flatt as CEO of Brookfield Asset Mgmt.

Brookfield Asset Management (BAM-T) has completed a transition process which has been ongoing for the past several years, with Connor Teskey’s appointment as chief executive officer being approved by its board of directors. He succeeds longtime CEO Bruce Flatt.

RENX Staff People Space Brookfield International Feb. 4 2026

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