The Square Foot

Stephen Leopold plans to focus the minds of influential Montrealers, next Wednesday, on his vision for a new Champlain bridge that would become the city’s emblem.

 Sears Canada Inc.  announced  that it will enter into a series of transactions related to two stores within shopping centres co-owned by Oxford Properties Group  and Alberta Investment Management Corporation . The transactions give the Co-Owners the right to require Sears to vacate the stores by March 31, 2014 and provide for a total consideration of $191 million to be paid to Sears on closing of the transactions which is expected to be on June 24, 2013. The agreement is definitive and only subject to customary closing conditions.

 Agellan Commercial REIT  announced the successful closing of its previously announced transaction of an office property (the "Property") located in Texas for a total purchase price of $18.25 million (the "Purchase Price"), representing a going-in capitalization rate of 8.16%.

Sobeys acquires 213 Safeway stores in Western Canada, strengthening its position as a leading grocery retailer in the country.

Veteran commercial real estate team to grow industrial service line in the region

Oxford Properties Group Inc. is going to build a 40-storey office tower at 100 Adelaide Street West in Toronto’s financial district, on land that it has owned for more than a decade.

The acquisition of EZW Gazeley Limited provides Brookfield exposure to high quality assets, which offer potential growth and value enhancement. Brookfield will seek to build upon Gazeley's extensive European footprint while capitalizing on its experience and growing presence in the Middle East and China. 

An innovative sustainable redevelopment initiative at the foot of Montreal's Mount Royal

From Doughty Hanson and management for an enterprise value of £935m (C$1.48 billion). Vue is a multiple award winning highly successful world-class operator of modern state-of-the-art multiplex cinemas in the United Kingdom, Ireland, Germany, Denmark, Portugal, Poland, Latvia, Lithuania and Taiwan. The transaction is expected to close by late July 2013.

Details performance on environmental, social, and economic goals

Chamandy replaces Glenn Young who will be leaving the company but will remain a special consultant to Chamandy on Canadian franchise sales.

Our Saint-Laurent Campus is Canada's leading technology park. It comprises 52 world-class companies and more than 7,000 highly specialized jobs in the sectors of Aerospace, Life Sciences, Information and Communications Technology and Clean Technologies.

Don't miss your chance to participate in the inaugural session of REALpac's new Real Estate Development Course - June 19-21, 2013.

This course is designed to discuss the development process, the various stakeholders in the process and some risks and mitigation strategies of real estate development in the commercial and multi-residential markets. It will also provide you with some of the tools to analyze, plan and manage development activities in order to maximize the probabilities of success. We will also discuss the goals, benefits, common skills and operating models of the real estate development function; and, will explore the context of operations in which real estate development is undertaken.

Register for this event