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1) Based on very preliminary estimates RioCan has many options to utilize the 42mm square feet of identified GFA density that is inherent in its existing portfolio.  In addition to the projects noted above, the Trust will continue to utilize some of this density for condominium and for housing ownership developments, particularly as components of larger multi-phased mixed use communities. These inventory projects represent yet another lever for RioCan’s growth going forward. The prominence of this utilization will be governed by the market conditions at the time and the make-up of the Trus...

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Fred Lum/The Globe and Mail Toronto’s downtown office vacancy rate hit 9.1 per cent in the first quarter of this year, as more businesses tried to get rid of their office space after months of work-from-home mandates. The vacancy rate was nearly two percentage points higher than the fourth quarter of last year, marking the hig...

TORONTO — One of Canada's biggest commercial real estate owners and operators says the sector is struggling with ongoing COVID-19 lockdowns, but most of its tenants have managed to stay open and pay . . .

TORONTO - One of Canada's biggest commercial real estate owners and operators says the sector is struggling with ongoing COVID-19 lockdowns, but most of...

Company expresses optimism for the long term as more than 80 per cent of the REIT’s tenants continue to pay their rent