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Category: Commercial

Lotus Capital makes Kelowna shopping centre buy amid retail ramp-up

Evan Duggan Commercial Retail British Columbia 4 hours ago

Vancouver-based Lotus Capital Corp. has purchased its first retail centre in Kelowna, calling the city one of Western Canada’s strongest secondary markets.  Lotus, which has been boosting its portfolio of necessity-based retail in Canada, closed a deal to buy Plaza 33. 

Axia offers to acquire Plaza Retail REIT for $1.23B

Tyler Choi Commercial REITs Toronto / GTA 6 hours ago

Toronto real estate investment firm Axia Real Assets LP has proposed an acquisition of Plaza Retail REIT (PLZ-UN-T), which values the Fredericton-based retail property owner and developer at $1.23 billion.

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