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7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...

Allied Properties REIT explores selling assets worth $1.3-billion to ease debt woes after interest rates soar

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Michael Emory, CEO of Allied Properties REIT, stands in the lobby of offices on Adelaide in Toronto. Ashley Hutcheson/Tausi Insider Office property owner Allied Properties REIT AP-UN-T is considering the sale of its data-centre portfolio, a deal that would help the commercial landlord pay down debt as it retools for a new era of higher interest rates and hybrid working. Allied, best known for its low-rise office buildings in downtown cores, currently owns three data-centre properties in downtown Toronto. In a statement Thursday, the REIT said it is “exploring the sale” of these properties, the largest of which is 151 Front St. West, a major telecom hub. The company values the portfolio at $1.3-billion. Data centres, which house servers and telecommunications equipment, are not core to Allied’s property portfolio – they comprise 16 per cent of net operating income. But chief executive officer Michael Emory has long been bullish on them, in part because their industry is a relatively s...

Shopify scraps big Toronto move, dealing blow to office market

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Shopify’s planned move into The Well - a high-profile retail, office and residential development encompassing 7.7 acres at King Street West and Spadina Avenue in Toronto - has been cancelled. Sean Kilpatrick/The Canadian Press Shopify Inc. SHOP-T has scuttled plans to move into a splashy new office tower in downtown Toronto, adding to the growing inventory of unused office space in the country’s largest business hub. The Ottawa-based e-commerce company was supposed to be the major tenant in the Well Tower, a massive, newly-built office, residential and retail skyscraper owned by real estate investment trusts Allied Properties and RioCan. But Shopify has abandoned plans for the move even though it has a 15-year lease that legally requires it to continue paying rent on the space. Shopify spokesperson Alex Lyons confirmed the decision in an e-mailed statement to Tausi Insider. The news was first reported by the Toronto Star, which recently moved into the Well Tower. If Shopify stopped p...

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