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SmartStop Self Storage Celebrates Its 50th Canadian Location With New Class A Facility in Toronto, Ontario

March 12, 2026 By Business Wire

LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced the opening of a new Class A self-storage facility in Toronto, Ontario. The property represents SmartStop’s 50th self-storage location in Canada, marking a significant milestone in the company’s continued expansion across the country. With this opening, SmartStop further strengthens its position as the largest self-storage operator in the Greater Toronto Area.


Situated at 1983 Kipling Avenue, the property is a five-story, Class A building encompassing roughly 90,300 net rentable square feet of climate-controlled self storage. Built with customer convenience in mind, the facility includes multiple elevators, spacious interior loading areas, advanced security features, and a contemporary architectural aesthetic. With direct connectivity to Highway 401 along a heavily trafficked corridor, the site benefits from a trade area approaching 600,000 residents, reinforcing robust demand for premium self storage throughout the Greater Toronto Area.

“The opening of our 50th property in Canada represents a significant milestone for SmartStop and reflects the strength and scale of our Canadian platform,” said H. Michael Schwartz, Chairman and CEO of SmartStop. “Canada continues to be a key growth market for us, and this Toronto location exemplifies our focus on delivering institutional-quality facilities in premier urban locations. We are proud to reach this milestone and remain committed to meeting the evolving storage needs of residents and businesses across the country.”

The facility will serve customers throughout Toronto and surrounding communities, including Rexdale, Mississauga, Brampton, Vaughan, Woodbridge, and North York, providing modern storage solutions in one of the Greater Toronto Area’s most dynamic and densely populated corridors.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA) is a self-managed REIT with a fully integrated operations team of more than 1,000 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary, SmartStop REIT Advisors, LLC, also sponsors other self-storage programs and, through its Managed Platform, offers third-party management services in the U.S. and Canada. As of March 11, 2026, SmartStop has an owned or managed portfolio of over 460 operating properties in 35 states, the District of Columbia, and Canada, comprising over 270,000 units and more than 35 million rentable square feet. SmartStop and its affiliates own or manage 50 operating self-storage properties across four provinces in Canada, which total approximately 43,000 units and 4.3 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

Investor Relations Contact:
David Corak

Senior VP of Corporate Finance and Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Media Relations Contact:
Spotlight Marketing Communications

949-427-5172

info@spotlightmc.com

RioCan Real Estate Investment Trust Completes $200 Million Issuance of Series AQ Senior Unsecured Debentures

March 12, 2026 By Business Wire

  • Morningstar DBRS Confirms BBB Credit Ratings and Changes Trend to Positive from Stable
  • The closing of this seven-year debenture issuance aligns with the financing plan outlined at Investor Day and supports a well-distributed debt maturity profile

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES


TORONTO–(BUSINESS WIRE)–RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has completed its previously announced issuance of $200 million principal amount of Series AQ senior unsecured debentures (the “Debentures”). The Debentures were sold at a price of $100 per $100 principal amount, carry a coupon rate of 4.308% per annum, are payable semi-annually in arrears, and mature on March 11, 2033.

The net proceeds of the Debentures will be used by the Trust to repay existing indebtedness at or prior to maturity. The balance of the net proceeds, if any, will be used for general business purposes.

The Debentures were offered on an agency basis by a syndicate of agents co-led by TD Securities, Desjardins Capital Markets, RBC Capital Markets, BMO Capital Markets, CIBC Capital Markets and Scotia Capital.

Morningstar DBRS assigned the Debentures a credit rating of BBB with a Positive trend.

The Debentures were issued pursuant to RioCan’s trust indenture dated March 8, 2005, as supplemented. The Debentures rank equally with all other senior unsecured indebtedness of the Trust.

The Debentures have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About RioCan

RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based retail properties in densely populated communities. As at December 31, 2025, our portfolio is comprised of 168 properties with an aggregate net leasable area of approximately 31 million square feet (at RioCan’s interest). To learn more about us, please visit www.riocan.com.

Forward Looking Information

This News Release contains forward-looking information within the meaning of applicable Canadian securities laws. This information reflects RioCan’s objectives, our strategies to achieve those objectives, as well as statements with respect to management’s beliefs, estimates and intentions concerning anticipated future events or expectations that are not historical facts. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plan”, “continue”, or similar expressions suggesting future outcomes or events. Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. All forward-looking information in this News Release is qualified by these cautionary statements.

Forward-looking information is not a guarantee of future events or performance and, by its nature, is based on RioCan’s current estimates and assumptions, which are subject to numerous risks and uncertainties, including those described in the “Risks and Uncertainties” section in RioCan’s MD&A for the period ended December 31, 2025 and in our most recent Annual Information Form, which could cause actual events or results to differ materially from the forward-looking information contained in this News Release.

Although the forward-looking information contained in this News Release is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with this forward-looking information. The forward-looking statements contained in this News Release are made as of the date hereof, and should not be relied upon as representing RioCan’s views as of any date subsequent to the date of this News Release. Management undertakes no obligation, except as required by applicable law, to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

Contacts

Dennis Blasutti

Chief Financial Officer

RioCan REIT

(416) 866-3033

FirstService Corporation Announces Upcoming Meeting and Financial Reporting Dates

March 11, 2026 By Globenewswire Tagged With: TSX:FSV

Annual and Special Meeting of Shareholders on April 1, 2026 Release of First Quarter 2026 Results on April 23, 2026 TORONTO, March 11, 2026 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will hold its Annual and Special Meeting of Shareholders on Wednesday, April 1, 2026 at 11:00 a.m…. [Read More]

SmartStop Self Storage REIT, Inc. Announces Land Acquisition for New Class A Self-Storage Development in Edmonton, Alberta

March 11, 2026 By Business Wire

LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced it has acquired a 1.75-acre parcel of land in Edmonton, Alberta. SmartStop intends to develop the project into a new Class A self-storage facility in partnership with SmartCentres (TSX: SRU.UN).


The site is located at 8403 127 Ave NW, approximately 3.5 miles north of downtown, and offers strong visibility to southbound traffic along 82 Street NW. The proposed development is expected to deliver a single four-story building with two elevators and approximately 99,650 net rentable square feet of storage space, featuring 100% climate-controlled units.

The surrounding three-mile area has a population of approximately 193,000 and is projected to grow by 8.6% over the next five years, supporting continued demand for high-quality self storage.

Construction is scheduled to begin in the second quarter of 2027, with a planned soft opening in the third quarter of 2028. When complete, the facility will serve the neighborhoods of Balwin, Delton, Elmwood Park, Killarney, Calder, Sherbrooke, and Westwood.

This development will be SmartStop’s sixth location in the Edmonton metropolitan area, further strengthening the company’s presence in Alberta.

“This acquisition is a compelling opportunity to expand our presence in a growing, supply-constrained market,” said H. Michael Schwartz, Chairman and CEO of SmartStop. “Edmonton continues to demonstrate strong fundamentals, and partnering with SmartCentres allows us to deliver a best-in-class facility that meets the needs of the surrounding communities and enhances long-term value for our shareholders.”

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA) is a self-managed REIT with a fully integrated operations team of more than 1,000 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary, SmartStop REIT Advisors, LLC, also sponsors other self-storage programs and, through its Managed Platform, offers third-party management services in the U.S. and Canada. As of March 10, 2026, SmartStop has an owned or managed portfolio of over 460 operating properties in 35 states, the District of Columbia, and Canada, comprising over 270,000 units and more than 35 million rentable square feet. SmartStop and its affiliates own or manage 50 operating self-storage properties across four provinces in Canada, which total approximately 43,000 units and 4.3 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

Investor Relations Contact:
David Corak

Senior VP of Corporate Finance and Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Media Relations Contact:
Spotlight Marketing Communications

949-427-5172

info@spotlightmc.com

FORTUNE Names Cintas to its 2026 World’s Most Admired Companies List

March 11, 2026 By Business Wire

This marks the 18th time the business services leader earned this award for its strong reputation and innovation.

CINCINNATI–(BUSINESS WIRE)–Cintas Corporation (Nasdaq: CTAS) has earned a spot on FORTUNE’s 2026 World’s Most Admired Companies list. This recognition underscores the strong reputation Cintas has built amongst peers and celebrates its ongoing success as a leading company.




“We are proud to receive this award once again,” said Todd Schneider, President and CEO of Cintas. “It speaks to our commitment to providing quality products and services for our customers, the power of our culture and the dedication of our employee-partners who make our success possible.”

This is the fifth consecutive year Cintas has been named to this list, and it marks the 18th time FORTUNE has recognized Cintas for this honor.

To determine the best-regarded companies in 51 industries, Korn Ferry asked executives, directors and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed.

The findings ranked Cintas first in its industry, diversified outsourcing services, for the following categories:

  • Quality of management
  • Quality of products/services

The complete listing of FORTUNE’s 2026 World’s Most Admired Companies is available on fortune.com.

About Cintas Corporation

Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers’ facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor’s 500 Index and Nasdaq-100 Index.

Contacts

Cintas Media Contact:
Michelle Goret, Cintas Vice President of Corporate Affairs | media@cintas.com, 513-972-4155

ATIS Expands its Footprint in Toronto Through Acquisition of Soberman Engineering

March 11, 2026 By Business Wire

ST. LOUIS–(BUSINESS WIRE)–Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the acquisition of Soberman Engineering by KJA, a subsidiary of ATIS, a TSCP portfolio company and premier provider of elevator and escalator safety inspections, consulting, and managed services across North America.


Soberman Engineering has built a strong reputation for independent advisory services, with expertise spanning new construction, modernization, inspections, ongoing maintenance support, and general technical assistance. With this addition, KJA further expands its capabilities in the Toronto and new construction market while maintaining its core values of independence, technical excellence, and client-first service. Terms of the transaction were not disclosed.

About KJA

With more than 60 years of experience and headquarters in Toronto, KJA is Canada’s largest and premier provider of vertical transportation consulting and managed services. Serving clients from coast to coast, our team delivers independent, technically rigorous guidance for elevators, escalators, and related systems. We are committed to long-term client outcomes through deep expertise, advanced tools, and a national platform that supports building owners across all of Canada.

About ATIS

ATIS (www.atis.com) is one of North America’s largest providers of vertical transportation inspections, consulting, and managed services. With a team of over 200 licensed QEI professionals and expert consultants, ATIS provides unparalleled service across the US and Canada to more than 15,000 clients, promoting the safety and performance of nearly 100,000 elevators and escalators. Renowned for its commitment to excellence and innovation, ATIS provides safety inspections and expert consulting services for a wide range of projects across all sectors, including new construction, modernization, and asset management, while also offering fully managed elevator solutions that include maintenance management and certificate management.

About Thompson Street Capital Partners

Thompson Street Capital Partners (tscp.com) is a St. Louis-based private equity firm focused on investing in founder-owned middle market businesses in the life sciences and healthcare, software and technology, business and consumer services and products sectors. Founded in 2000, the firm has acquired more than 250 companies and had assets under management of over $4.5 billion as of September 30, 2025. TSCP partners with management teams to increase value by accelerating growth, both organically and via complementary acquisitions.

Contacts

Gregory

Camaryn Sapienza

csapienza@gregoryagency.com
(630) 699-9865

Melcor Developments announces results for 2025, declares quarterly dividend of $0.15 per share and special dividend of $0.35 per share

March 10, 2026 By Globenewswire Tagged With: TSX:MRD

EDMONTON, Alberta, March 10, 2026 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the fourth quarter and year ended December 31, 2025. The annual Management Discussion & Analysis (MD&A) and Condensed Interim Financial Statements are available on our website (www.melcor.ca) under Investors,… [Read More]

Primaris REIT Announces Distribution for March 2026

March 10, 2026 By Business Wire

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.07333 per unit for the month of March 2026, representing $0.88 per unit on an annualized basis. The distribution will be payable on April 15, 2026 to unitholders of record on March 31, 2026.


About Primaris Real Estate Investment Trust

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets. The current portfolio totals 15.2 million square feet, valued at approximately $5.2 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

For more information:

TSX: PMZ.UN

www.primarisreit.com

www.sedarplus.ca

 

Contacts

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Claire Mahaney

VP, Investor Relations

& Sustainability

647-949-3093

cmahaney@primarisreit.com

Timothy Pire

Chair of the Board

chair@primarisreit.com

Flagship Communities Real Estate Investment Trust Announces Fourth Quarter and Full Year 2025 Results

March 9, 2026 By Globenewswire Tagged With: TSX:MHC.U, TSX:MHC.UN

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, March 09, 2026 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today released its fourth quarter and full year 2025 results. The financial results of the REIT have been prepared in accordance with… [Read More]

Nexus Industrial REIT Announces Fourth Quarter and Year End 2025 Financial Results

March 6, 2026 By Globenewswire Tagged With: TSX:NXR-UN.TO

Transitioned to a pure-play industrial REIT; Attractive development properties completed; Strong leasing activity TORONTO, March 05, 2026 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the fourth quarter and year ended December 31, 2025. “2025 was a transformative year for Nexus, and I am very pleased with the… [Read More]

Colliers Appoints Christian Mayer and Elias Mulamoottil to Expanded Global Leadership Roles

March 5, 2026 By Globenewswire Tagged With: TSX:CIGI

Planned transition strengthens largest platforms and recognizes Chris McLernon’s retirement TORONTO, March 05, 2026 (GLOBE NEWSWIRE) — Colliers (NASDAQ, TSX: CIGI), a leading diversified professional services and investment management company, today announced two key executive appointments that reinforce the Company’s long-term growth strategy. Effective immediately, Christian Mayer has been named Global Chief Financial Officer &… [Read More]

European Residential Real Estate Investment Trust Announces Going-Private Transaction with Canadian Apartment Properties Real Estate Investment Trust

March 3, 2026 By Globenewswire Tagged With: TSX:ERE.UN

This news release constitutes a “designated news release” for the purposes of CAPREIT’s prospectus supplement dated May 15, 2025, to its short form base shelf prospectus dated May 15, 2025. Key highlights: ERES Unitholders to receive all-cash consideration of $1.19 per ERES Unit ERES’s Special Committee and Board (with conflicted trustees abstaining) have unanimously approved… [Read More]

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