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Toronto Lands Corp. eyes freeing-up development sites
Toronto Lands Corp. eyes freeing-up development sites
The Toronto District School Board has endorsed a multi-year strategic plan by the Toronto Lands Corp., its wholly owned subsidiary and real estate services provider. The plan could unlock some prime city properties for future development and partnerships.
GWLRA to property manage TELUS Sky office space
GWL Realty Advisors has been awarded the property and leasing management contract for commercial space in downtown Calgary's iconic TELUS Sky tower, taking over the role in the wake of a recent change in the building’s ownership structure.
Landlords for 23 of 25 HBC leases contest Liu purchase
An agreement Hudson’s Bay signed to sell about two dozen leases to a B.C. entrepreneur has encountered a major barrier, new court filings show. Landlords who own the properties are overwhelmingly opposed to Ruby Liu moving in.
Wesgroup announces 'difficult' layoffs
Beau Jarvis, president and CEO of Vancouver-based Wesgroup Properties, called yesterday “one of the most difficult days” in the company’s history spanning over 60 years, as the firm confirmed it has laid off an undisclosed number of employees.
Méga Centre Notre-Dame reconfigures after Rosefellow sale
A tenant reconfiguration is underway after 27 acres at Méga Centre Notre-Dame were sold to Rosefellow for redevelopment. Retailers including GAP and Banana Republic are relocating within the centre, while newcomers Winners/HomeSense are taking on 70,000 square feet.
B.C. retail remains resilient despite ongoing disruption
The collapse of Hudson’s Bay Co. has raised larger questions about the future of retail real estate in B.C. Experts say HBC’s demise may be a harbinger for traditional department stores in Canada, though retail could rebound.
B.C. is getting its first IKEA planning centre
IKEA is making its way to Abbotsford. The mega brand recently announced the city will be home to its newest plan-and-order point, the first facility of its kind in B.C. and 11th in Canada.
Ribbon cut on downtown Calgary office-to-hotel conversion
Just in time for the Calgary Stampede and summer festivals, the city’s first downtown office-to-hotel conversion project is complete. A ribbon cutting was held yesterday for Element Calgary Downtown by Westin, a 226-suite hotel at 833 4th Ave. S.W.
Rohit Homes growing along with Calgary region
Rapid population growth in Calgary is driving the ascent of Rohit Homes, the homebuilding division of Edmonton-based Rohit Group which is one of the region's fastest-rising companies in the sector.
Housing starts must double to return to 2019 affordability
Housing starts will need to almost double from current outputs by 2035 for affordability to return to 2019 levels, a report by the Canada Mortgage and Housing Corporation says.
Rejuvenating the Palace Arms Hotel for rental housing
Greenwin, Intentional Capital, Windsor Private Capital and the LiUNA! Pension Fund recently marked the start of construction on a 17-storey residential project that will redevelop Toronto's historic Palace Arms Hotel into a purpose-built market and affordable rental apartment building.
Repeated water shutdowns plague Starlight-owned T.O. tower
According to the tenant group at the Summerhill, a 267-unit luxury rental building, the water issues are among many recent changes they say have made them feel they’re being squeezed for profits and pushed out of their rent-controlled apartments.
B.C’s rental protection fund a template for federal version
OPINION: It started when housing researcher Steve Pomeroy released data showing that, for every new housing unit built, several more existing affordable units were being lost. The pursuit of affordable housing has been one of diminishing returns, say housing experts.
Ottawa's Sussex Drive housing proposal gets mixed reviews
A potential housing development on Sussex Drive remains one of the more controversial pieces of the National Capital Commissions’ core area plan. An updated plan covering land-use policy for the region was passed on June 19.
StatCan raises weight of shelter, transportation in CPI basket
Statistics Canada updated the basket weights for the goods and services it uses to determine inflation, increasing the influence of the shelter and transportation. The shelter component now makes up 29.12 per cent, driven by mortgage interest costs and rent.
Public debate needed on where CPP invests assets: experts
As a former top Finance Department official, Susan Peterson played a key role in creating the stable Canada Pension Plan of today. But even she was surprised by numbers showing only 12 per cent of investments are in Canada.
Ontario Teachers' fund sells U.K. airport interests
The Ontario Teachers’ Pension Plan Board, a longtime investor in airports overseas, has sold its interests in the last three of them: Birmingham Airport, Bristol and London City Airport, all in the United Kingdom.
Stanhope, Cheyne near deal to buy LandSec’s prime London project
Land Securities Group Plc is in discussions to sell Red Lion Court, a prime London commercial development, as part of its plan to dispose of US$2.7B worth of office assets and redeploy those funds into retail and housing.
Dermody launches 10-million-square-foot logistics campus
Dermody is launching development of Port Wentworth Commerce Center, a 1,065-acre, 10M-sq.-ft. master-planned logistics project outside the Port of Savannah. It is expected to be the largest near-port logistics development to begin construction in the Southeast this year.
Industrial REITs positioned for growth once uncertainty clears
U.S. industrial REIT returns are flat year-to-date, reflecting the impact of policy uncertainty on near-term demand. Looking into 2026, however, analysts expect demand to start to normalize, with the potential for a return to inflationary rent growth by 2027.
Industry Events
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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Ottawa Real Estate Forum
Oct 09 2025
Rogers Centre, Ottawa
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Saskatchewan Real Estate Forum
Oct 16 2025
TCU Place, Saskatoon
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