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Category: Residential

RioCan pares spending, but Sonshine sees ‘silver lining’ ahead

Don Wilcox Residential Shopping Centres National May. 7 2020

RioCan REIT will defer upwards of $150 million in 2020 spending in response to the COVID-19 pandemic, but longtime CEO Ed Sonshine was adamant about three things on the trust’s Q1 2020 earnings call on May 5. First, he believes

As pandemic raises risk, cap rates ‘will start to go up’: Colliers

Mario Toneguzzi Residential Market Trends National May. 4 2020

The severity of COVID-19’s impact on the Canadian commercial real estate market is not yet known as the situation continues to unfold and forecasts are adjusted. As an industry benchmark, one of the most pressing questions is what the pandemic

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