Soneil Investments said in a release distributed on 16 October 2026 that it had acquired a six-property commercial portfolio in the Greater Toronto Area for more than C$180m.
Why Soneil Investments is buying Six-property Greater Toronto Area commercial portfolio (from Humbold Properties)
Soneil said industrial assets are part of its core strategy but that the retail assets in the portfolio were particularly compelling.
“This was a unique opportunity to acquire six high-quality properties in great locations across the GTA.”
Deal terms and financing
CIBC provided acquisition financing and CBRE's National Investment Team acted as broker. The properties include 80 and 85 Citizen Court and 4118 14th Avenue in Markham, Vellore Corners in Vaughan and Dixie Aimco Plaza in Mississauga.
Market context
RENX reported that the vendor was Humbold Properties and that Soneil did not bid on two small downtown retail properties that were also offered.
Sources
In the rankings
