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Category: Commercial

Loblaw says it will open 40 new stores, invest $2B in Canada in '24

Don Wilcox Commercial Retail National Feb. 20 2024

Two days before releasing its year-end financial report, Loblaw Companies Inc. (L-T) has stated it will invest $2 billion in Canada during 2024 and open 40 new stores. It's an almost identical commitment to one made in early 2023.

Dream Office cuts distributions by 50%

Don Wilcox Commercial Office National Feb. 16 2024

Dream Office REIT (D-UN-T) has followed several of its peers in the sector by announcing a 50 per cent distribution cut, to take effect when it enacts a one-for-two share consolidation later this month.

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