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RioCan reports stellar quarter for retail leasing

Steve McLean Commercial Retail National May. 9 2024

RioCan REIT (REI-UN-T) experienced strong leasing during the first three months of 2024, completing over 1.3 million square feet of leases at a blended spread of 14 per cent. And that momentum continues, according to RioCan CEO Jonathan Gitlin.

Devmont enters industrial sector with Montreal airport development

Danny Kucharsky Commercial Industrial Greater Montreal May. 7 2024

Devmont, known historically as a residential developer, is building its first industrial project in Montreal. The 141,000-square-foot building near Trudeau International Airport will provide employees views of a runway from its rooftop patio.

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