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| 321 Moore Avenue |
Loblaws is going to form a Real Estate Investment Trust (REIT) to include many of the properties in owns. It’s a nifty way to get the public to give you money in the expectation that commercial real estate will continue to hold and increase its value. And for a lot of people, the familiar feeling they have for the homegrown grocery giant will make that decision easier. Maybe you can own a piece of 321 Moore Ave (inset). Units of the REIT are expected to be sold in an initial public offering expected to be completed in mid-2013, subject to regulatory approvals. Own a piece of Loblaws. Hmm. We’ll take the Ziggy’s. CBC
