October 24, 2025

RioCan Living and Woodbourne sell Litho Apartments to LaSalle Investment Management

Goodmans LLP acted for RioCan Real Estate Investment Trust in connection with the sale of Litho Apartments to LaSalle Investment Management for $152.4 million.

Litho is an 8-storey, mixed-use luxury rental community in Toronto, owned by RioCan Living and Woodbourne. The sale of Litho is part of RioCan’s efforts to streamline its business and advance the monetization of its RioCan Living rental portfolio.

RioCan is one of Canada’s largest real estate investment trusts.

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