The federal government’s plan to sell surplus property has hit unexpected snags, reports The New York Times. Pimco is ramping up its investment in commercial real estate, according to The Wall Street Journal. These are among today’s must reads...

Far fewer tenants are putting space on the market compared to last year, and some are taking their spaces back.

In late March 2020, about $60 billion in distressed bonds and loans were tied to retail companies. The figure now is $1.1 billion.

With the country’s economy rebounding, Canada is on pace on post nearly C$50 in commercial real estate investment this year.