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Category: Commercial

Real estate returns remain below long-term norms: MSCI/REALPAC

Steve McLean Commercial Market Trends National Feb. 19 2026

The MSCI/Real Property Association of Canada (REALPAC) Canadian Property Index fell last year from 2024 and remained well below historical norms. The total return has averaged 1.7 per cent annually over the past four years.

CIBC Square's 2 downtown Toronto office towers fully leased

Don Wilcox Commercial Office Toronto / GTA Feb. 18 2026

Developers Hines and La Caisse have fully leased the 50-storey 141 Bay St. office and commercial tower, the second tower at their downtown Toronto CIBC Square development. The first occupancies are to begin in the coming weeks.

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