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Alberta

Morguard REIT trims spending, sees Alberta challenges

Don Wilcox Commercial Market Trends National May. 6 2020

Morguard REIT has cut its distributions to unitholders by half and is curtailing discretionary spending significantly as it preserves cash due to uncertain economic conditions created by the COVID-19 pandemic. The moves were announced in Morguard REIT’s Q1 2020 financial

Pop-up retail could help save firms hit by pandemic effects

Mario Toneguzzi Commercial Shopping Centres Edmonton May. 1 2020

An Alberta/B.C. greenhouse nursery was facing what its owner called a “catastrophic” situation three weeks ago after learning it would be sitting on millions of dollars of inventory due to COVID-19 pandemic retail shutdowns. However, Lawrence Jansen, owner of Darvonda

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