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Category: Commercial

RioCan, First Gulf sell T.O.’s Kennedy Commons shopping centre

Don Wilcox Commercial Transactions Toronto / GTA Nov. 2 2021

RioCan REIT (REI-UN-T) and co-owner First Gulf have an agreement to sell the open-air Kennedy Commons shopping centre in Toronto’s East End to an unnamed “local private investor” for $215 million. The announcement was made Tuesday morning in a statement

Canada’s hotels face another challenging year in 2022: CBRE

Steve McLean Commercial Market Trends National Nov. 1 2021

Domestic tourism is expected to be up almost 19 per cent this year over 2020, according to the Conference Board of Canada, and leisure and resort destinations have been the biggest beneficiary. However, 2021 will still be considered pretty much

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