US EditionGrosvenor Property Canada kicks off 2026 with acquisition of Broadmead Village, a best-in-class grocery-anchored retail plaza on Vancouver Island
Grosvenor Property Canada now fully owns the 128,018 sq. ft. Broadmead Village, a top-performing grocery-anchored retail asset with strong leasing momentum, company said.
- Grosvenor Property Canada said yesterday it has acquired a 100% interest in Broadmead Village in Vancouver, British Columbia, aligning with its recent Canadian reinvestment.
- The move advances Grosvenor’s focus on grocery-anchored retail assets and supports its long-term presence in Canada, where it has invested for over 70 years.
- Broadmead Village sits on 12.74 acres and is anchored by Thrifty Foods; Grosvenor and ADMNS, a subsidiary of the Manitoba Civil Service Superannuation Board , co-owned it since 1997.
- Consolidating full ownership provides Grosvenor with the opportunity to enhance its Canadian portfolio, with GPC's AUM at $2.8 b as at December 31, 2025, and the acquisition of Broadmead Village, a top-performing asset.
- Grosvenor's prior 2012 modernization of Broadmead Village earned BOMA accreditations, and the company says it aims to pursue grocery-anchored retail with redevelopment potential, resilient tenants, and operational sustainability.
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Grosvenor Property Canada kicks off 2026 with acquisition of Broadmead Village, a best-in-class grocery-anchored retail plaza on Vancouver Island
Transaction aligns with Grosvenor's recently announced re-investment into Canada Highly desirable asset class features one of the province's top-performing Thrifty Foods VANCOUVER, British Columbia, Jan. 30, 2026 (GLOBE NEWSWIRE) -- In line with Grosvenor's Canadian growth plan, Grosvenor Property Canada is pleased to announce it has acquired a 100% interest in Broadmead Village. Grosvenor and long-standing partner, ADMNS, a subsidiary of the M…
Grosvenor Acquires Full Ownership Of Victoria Broadmead Village Mall Valued At $95.5M
Grosvenor Property Canada, a subsidiary of UK giant Grosvenor, has acquired full ownership of the Broadmead Village Shopping Centre in one of British Columbia's first large retail transactions of 2026.Broadmead Village is located at 777 Royal Oak Drive in Victoria, immediately east of the Patricia Bay Highway in the heart of the Saanich peninsula on Vancouver Island.In an announcement this morning, Grosvenor said it has co-owned Broadmead Villag…
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