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Sunray Group buys podium at 80 Queen St. E for Toronto hotel

Steve McLean Commercial Hotels and Resorts Toronto / GTA 3 hours ago

Sunray Group has acquired the 108,000-square-foot podium of a downtown Toronto mixed-use development that was originally intended for office space and will convert it into a 164-key AC by Marriott Hotel.

Are Canada's banks on the brink of an office leasing spree?

Steve McLean Commercial Office National 1 day ago

Canada's banks could increase their office leasing by up to 1.5 million square feet in Toronto during 2026, Oxford Properties' Kevin Hardy predicted during the Real Estate Forum in Toronto. That would create additional demand for space among related sectors.

Granite REIT to voluntarily delist from NYSE

RENX Staff Commercial REITs National 1 day ago

Granite REIT (GRT-UN-T) plans to voluntarily delist its trust units from the New York Stock Exchange (NYSE), citing consistent low trading volumes and an effort to achieve financial and administrative efficiencies.

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Aspen eyes switching downtown Calgary development to residential

Calgary's Aspen Properties is weighing a major new downtown residential development at a site previously planned for new office space. Executive chair Scott Hutcheson says the company is “much closer” to moving ahead on the project now, however.

Mario Toneguzzi Residential Apartments Calgary Dec. 1 2025

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Korol resigns as AHIP CEO, O'Neill returns to top job

Jonathan Korol has resigned from his position as CEO of American Hotel Income Properties REIT (HOT-U-T) and will be succeeded by trust co-founder John O'Neill. For O'Neill, it is a return to the role in which he previously served.

 

RENX Staff People Space Executives National 3 hours ago

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