A recent public meeting hosted by the property manager RioCan on the future of Shoppers World in Brampton could be the first step in transforming the long standing mall into a new mixed use community that could become the new hub for Brampton in the future.
Ontario is expanding the sale of beer, wine and cider to almost 300 more stores this summer as part of Premier Doug Ford’s push to liberalize liquor rules in the province.
The Progressive Conservative government announced Thursday it will expand sales through a combination of permitting more LCBO agency stores in underserviced areas and by allowing more grocery stores to sell booze.
Finance Minister Vic Fedeli said some of the stores will open as soon as August. “By opening up more alcohol retail outlets across the province we are not only making life easier for people, we are enabling economic opportunities for hundreds of new businesses … and jobs across the province in the booming beer and wine sector,” he said.
Beer will be sold in 66 grocery stores across New Brunswick starting in October, NB Liquor announced on Wednesday.
Big changes are coming to MINISO, the Chinese low-cost, high-quality variety chain that took Canada by storm in 2017. MINISO Canada announced that it is planning to introduce a new concept store, called MINISO $10BELOW, at three Ontario store locations.
H&R Real Estate Investment Trust announced that it has closed the sale of The Atrium for $640 million. The sale price equates to a 4.56% capitalization rate on the next twelve months forecasted property operating income.
RioCan REIT (REI.UN-T) will pay KingSett Capital $331 million to buy out its non-managing, 50 per cent interest in the Yonge Sheppard Centre in Toronto, the trust announced Thursday morning.