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National

Choice records Q2 loss, but ‘encouraged’ by recovery

Don Wilcox Commercial REITs National Jul. 23 2020

Management at Choice Properties REIT is “encouraged” by recent signs that business continues to rebound from the COVID-19 pandemic, even as the trust has pared the fair value assessments of its assets by almost $380 million in 2020. “We’re encouraged

New stores, more e-commerce: Empire’s $2B Project Horizon

Don Wilcox Commercial Development National Jul. 22 2020

Empire Company Ltd., the owner of the Sobeys, FreshCo and Farm Boy grocery banners, will spend $2 billion during the next three years to grow its store network, build two new e-commerce fulfillment centres and “win” the online grocery battle.

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