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Turn Group adds multi-tower Ottawa development site to growing portfolio
Turn Group adds multi-tower Ottawa dev. site to portfolio
Turn Group has acquired a three-acre site in Ottawa’s Little Italy neighbourhood from Canada Lands Company, with plans for a 600,000-square-foot mixed-use development of four residential towers. The fast-growing company is quickly building a large pipeline of projects.
A reshaping of W. Canada casino ownership is under way
A series of casino transactions across British Columbia and Alberta over the past couple of years, all involving First Nations groups, is reshaping ownership of the gambling industry in Western Canada.
Maskeen faces receivership on two projects in B.C.
Surrey-based developer Maskeen is facing insolvency proceedings on two projects in the Fraser Valley, according to filings in the Supreme Court of British Columbia, and both projects are now under receivership.
Toronto's total real estate value grew by $11.5B last year
OPINION: Carmelo Lipsi of the Municipal Property Assessment Corporation explains how the completion of new property developments has contributed to the city’s overall real estate valuation.
Empire to acquire Montreal’s Mayrand Food Group
The company that owns Sobeys has purchased the Mayrand Food Group, a Quebec-based grocery store operator. The acquisition will provide Empire (EMP-A-T) with an entry into the Quebec discount and warehouse food market.
Péladeau buys up most of troubled Colabor
Pierre Karl Péladeau has taken on a new challenge: reviving Colabor. He continues to diversify his personal assets indirectly, this time by purchasing almost all of the assets of the struggling food distributor and wholesaler in Saint-Bruno-de-Montarville.
Enbridge buys former Costco site in London for $25.5M
The former Costco store in south London has been sold to Enbridge Gas for $25.5 million, and the energy provider will shift work and jobs to the building, said a commercial realtor involved in the deal.
Ikea to help fill anchor spot at London's White Oaks Mall
White Oaks Mall plans to redevelop its anchor space, formerly home to the 165,000-square-foot Hudson’s Bay department store, into multiple retail spaces, including a new anchor tenant of sorts – Swedish furniture giant Ikea.
$90B question: Can Alto's HSR reshape real estate?
Alto says the construction of high-speed rail (HSR) stations will attract real estate investment centred around transit-oriented growth, resulting in more than 60,000 new housing units. The HSR line will span roughly 1,000 km between Toronto and Quebec City.
Vancouver pitches zoning changes for small hotels, rentals
Proposed zoning changes that would make it easier to build small hotels and rental buildings along major routes in Vancouver have a “back to the future” feel, says one planning expert, recalling the lowrise motels that were once more common.
Developer disputes 'unfair' six-figure utility bill
Nobody lives in the Westwood Street highrise yet, but the bills are already piling up. Mosaic Homes vice-president of land and development Adrien Herberts was in Port Coquitlam council chambers on Tuesday to dispute a $266,888 utility bill.
Canada’s average rent drops to three‑year low
Canada’s rental market continued its downward slide in March, with the average asking rent falling for the 18th straight month to $2,008 — the lowest level in nearly three years.
Wonder Valley is exempt from environmental assessment
Alberta’s government says it will not be conducting an environmental impact assessment for a data centre park being proposed by celebrity investor Kevin O’Leary at a location about 40 kilometres south of Grande Prairie.
AI data centre, power plant plan in Olds back on the table
Less than a month after its initial application was nixed, Synapse Real Estate Corp. has reapplied to build a power plant and data centre complex in the town of Olds, Alta., about 85 kilometres north of Calgary.
IMCO CEO not backing away from private assets
The market for private assets has changed but Investment Management Corporation of Ontario chief executive Bert Clark says he isn’t backing away from private equity or private credit in spite of recent pressure on returns.
Rogers Stadium spurred $500M in economic impact
Despite criticism, a new report says the 50,000-seat outdoor venue Rogers Stadium on the former Downsview Airport Lands contributed more than $500 million in economic activity during its inaugural season over 14 nights last year.
Tariffs, data centre growth to drive up construction costs
The price of construction materials in the U.S. is expected to rise between 5.4 per cent and 6.8 per cent in 2026 due to tariffs, according to a report from Cushman & Wakefield.
Iran war does little to cool lure of Gulf for Wall Street
Late last month, Blackstone announced the first inbound Gulf private equity deal since Iran started attacking Middle Eastern hubs, while Citigroup's top boss fired off a 600-word memo underlining the bank’s enthusiasm for its business in the region.
Charlotte is buzzing with big bank, fintech expansions
Banks and fintechs are choosing to invest in Charlotte because they believe the city has reached a critical mass that is continually drawing and retaining a highly skilled workforce.
What’s next for office management?
At the Institute of Real Estate Management’s PropertyCon conference in Austin, Tex., speakers and panellists offered insights into the changing world of office property management and what the future holds for the field.
Industry Events
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Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal -
BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre -
Edmonton Real Estate Forum
May 13 2026
Edmonton Convention Centre -
Land & Development
May 27 2026
Metro Toronto Convention Centre - North Building
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