Crombie REIT is a property management

Property management

Property management is the operation, control of ususally on behalf of an owner, and oversight of commercial, industrial or residential real estate as used in its most broad terms. Management indicates a need to be cared for, monitored and accountability given for its usable life and condition...

 company owned by the Empire Company

Empire Company

Empire Company Limited is a Canadian holding company based in Stellarton, Nova Scotia.Controlled by the Sobey family, Empire is sole owner of the Canadian grocery chain Sobeys Inc., as well as various commercial real estate and residential development companies, notably ASC and Crombie REIT...

.

History

Crombie REIT was founded on February 4, 1964 as Atlantic Shopping Centres Limited. In 1976, it became a subsidiary of Sobeys Stores Limited. During the 1990s, the company merged with Halifax Developments Limited (known for Scotia Square

Scotia Square

Scotia Square is a large commercial development in Downtown Halifax, in the Halifax Regional Municipality Nova Scotia managed by Halifax Developments Limited . It was built in the late sixties to mid seventies...

), as well as Canadian Shopping Centres Limited. In the mid-2000s, the company was renamed as they expanded beyond both the Atlantic region

Atlantic Canada

Atlantic Canada is the region of Canada comprising the four provinces located on the Atlantic coast, excluding Quebec: the three Maritime provinces – New Brunswick, Prince Edward Island, and Nova Scotia – and Newfoundland and Labrador...

 as well as shopping centres.