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Category: Commercial

Gazit Globe JV acquires Toronto York Mills Centre office complex

RENX Staff Commercial Transactions Toronto / GTA Dec. 4 2019

A joint venture headed by Gazit Globe (GZT-TYA) has an agreement to purchase the York Mills Centre office complex in Toronto for approximately $250 million, the Israeli-based company announced Wednesday morning. The new ownership group includes Gazit’s recently announced Canadian

Grocery stores key drivers for neighbourhood shopping malls

Steve McLean Commercial Market Trends National Dec. 3 2019

Neighbourhood shopping centres anchored by grocery stores, restaurants and “personal care” retail outlets are outperforming larger regional malls in both total annualized returns and occupancy, according to research from GWL Realty Advisors (GWLRA). The MSCI/REALPAC Canada Annual Property Index, which tracks

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