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Winnipeg Shopping Center Sells for $160.5 Million

Winnipeg Shopping Center Sells for $160.5 Million

by Phil Hall | Feb 13, 2026 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The real estate investment and development firm Leyad has acquired St. Vital Centre, the Winnipeg shopping center, for $160.5 million. St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. It attracts 8...
Real Estate Agent Faces Disciplinary Hearing for Moving Families into Condemned Property

Real Estate Agent Faces Disciplinary Hearing for Moving Families into Condemned Property

by Phil Hall | Dec 5, 2025 | Uncategorized

A real estate agent in Winnipeg will face a disciplinary hearing next month for allegedly moving two families into a condemned home. The Winnipeg Free Press reports Rahim Mirza was charged with deceptive dealing and providing third-party property management services...
PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio

PROREIT Pays $96.5 Million for 6-Asset Industrial Property Portfolio

by Phil Hall | May 13, 2025 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Montreal-headquartered PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has acquired a six-asset portfolio of Winnipeg industrial properties for $96.5 million from Parkit Enterprise Inc. (TSX.V: PKT). The portfolio encompasses 678,177 square feet of gross...
Polymesh and Ocree Tokenize Canadian Commercial Property

Polymesh and Ocree Tokenize Canadian Commercial Property

by Phil Hall | Mar 24, 2025 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Polymesh Association and Ocree Capital Inc. have partnered to launch a Canadian regulated real estate platform utilizing blockchain, with a $51.9 million commercial real estate property as its inaugural listing. According to the partnering entities, the Ocree...
Winnipeg Real Estate Agents Disciplined for Withholding Information from Homebuyer

Winnipeg Real Estate Agents Disciplined for Withholding Information from Homebuyer

by Phil Hall | Mar 11, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A pair of Winnipeg real estate agents were disciplined by their industry association following a complaint by a homebuyer over their handling of her property purchase. CBC reports the complaint was brought by first-time buyer Chantal Orsak, who bought a home in 2022...
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