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Winnipeg

Leyad acquires 2 shopping centres for $126M, more to come

Steve McLean Commercial Retail National Jun. 21 2024

Leyad’s 2024 buying spree continued this week as the firm acquired shopping centres in Winnipeg and in Prince Albert, Sask., for a combined $126 million. And, CEO Henry Zavriyev told RENX there is more to come.

As losses continue, Lanesborough REIT to sell assets and shut down

Don Wilcox Residential Apartments Winnipeg May. 23 2024

UPDATED: Heavily indebted Lanesborough REIT (LRT.UN-V) intends to sell its property assets to a company connected to its vice chairman for $41M and cease operations. In its Q1 2024 financials released Thursday, LREIT reports a $2.3-million loss.

Industry Events