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Category: Commercial

First Capital founder escalates dispute with REIT's management

Don Wilcox Commercial REITs National Nov. 11 2022

The founder of First Capital REIT has joined investor Ewing Morris and Co. in publicly criticizing the trust’s leadership, and in an open letter Dori Segal calls for the resignations or removals of its current CEO and board chair.

Suburban Toronto records first period of positive net absorption since pandemic

Richard Crenian Commercial Leasing Toronto / GTA Nov. 11 2022

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.