Press Releases

Shindico Acquires Ownership/Management of Six Properties

Shindico Realty Inc. has assumed ownership and management of six new properties which total 228,018 square feet on 15 acres of land within Winnipeg, Manitoba. The properties have a total of 52 tenants, including a balanced mix of professional, medical, office, and retail businesses. Both Loblaws and Safeway have long-term leases at two of these properties.

Winnipeg’s Most Walkable Rental Community Begins Construction

Shindico Realty’s Sod Turning Ceremony for the Taylor Lee Residences, Winnipeg’s newest luxury apartment building at Grant Park Pavilions.

Winnipeg, MB (July 8, 2021) – The Sod Turning Ceremony for the Taylor Lee Residences took place today, July 8, 2021, at 11:00 A.M. at 1010 Taylor Avenue, Winnipeg, Manitoba. This is Phase 2 of Shindico’s latest luxury apartment community, and it is scheduled to be finished in the summer of 2023. Phase 1, known as Taylor Claire Residences, is set to be completed summer of 2022.

Shindico Supports Its Tenants during Global Health Crisis

To date, $11 million of the federal government’s CECRA (Canada Emergency Commercial Rent Assistance) program has been distributed in Manitoba. To qualify for CECRA, businesses must show that their business revenue has decreased by at least 70%. Businesses can only access the program if their landlords are willing to participate. These conditions can cause significant stress for businesses that do not qualify. If a business lost 50 percent of their revenue, they would not qualify for the government assistance and may end up having to close permanently unless their landlord is willing to help.