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National

Can retail owners absorb millions of square feet of HBC space?

Steve McLean Commercial Retail National Mar. 14 2025

If Hudson’s Bay Company closes dozens of Canadian stores after filing for creditor protection, the move would put millions of square feet of retail space onto the leasing market. However, this might not be a disaster for shopping centre owners.

GWLRA selling, building to modernize multifamily portfolio

Steve McLean Residential GWLRA National Mar. 13 2025

As GWL Realty Advisors modernizes its multifamily portfolio, the Toronto-based firm has listed another large apartment property for sale. The twin-tower The Diplomats in Burlington is to be sold and the proceeds reinvested in development and "core holdings".

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