LocationsRecent Articles
Can retail owners absorb millions of square feet of HBC space?
Can retail owners absorb millions of sq. ft. of HBC space?
If Hudson’s Bay Company closes dozens of Canadian stores after filing for creditor protection, the move would put millions of square feet of retail space onto the leasing market. However, this might not be a disaster for shopping centre owners.
Burnaby approves five-tower BC Tel Boot redevelopment
Burnaby council has unanimously approved the redevelopment of the BC Tel “Boot” into more than 2,500 homes across five towers. The project is being developed through a partnership between Anthem Properties and Crestpoint Real Estate Investments.
Roughly $200B in Ontario ICI projects planned over 5 years
BuildForce Canada’s senior economist Bob Collins said the agency has determined there is approximately $200 billion in major ICI projects underway or scheduled to start in Ontario in the next five years despite the industry's trade war chill.
Built Prefab buys Lake Country Modular, expands catalogue
Kelowna, B.C.-based modular housing company Built Prefab has acquired another local firm, Lake Country Modular Homes, to increase its catalogue of prebuilt offerings and expand into multifamily housing.
Redevelopment of City Centre Motel in Vancouver approved
After standing for over seven decades, the City Centre Motel in Mount Pleasant is now set for a high-density, mixed-use redevelopment from Nicola Wealth, with the primary use of rental housing accompanied by strong active commercial uses.
Montreal set to ‘deconstruct’ vacant municipal building
The City of Montreal is clearing the way for the creation of a community land trust on a municipal “wasteland” in Ahuntsic-Cartierville, where construction of up to 1,000 affordable housing units is planned in the coming years.
18-storey mass timber hotel proposed near Granville Island
A mass timber hotel project is proposed next to the south end of Vancouver's Granville Street Bridge, near the entrance into Granville Island. According to the rezoning proposal, the 91,000-sq.-ft. hotel would have 168 guest rooms.
Apple Factory site redev. recommended for approval
Brampton’s Planning and Development Committee has recommended approval for revised plans for the site of the Apple Factory farm market. The proposal from Glen Rouge Homes and Carom Management includes four towers, alongside three blocks of three-storey townhouses.
Surrey to study feasibility of waterfront entertainment district
Earlier this week, Surrey city council approved the launch of a feasibility study for the creation of a unique waterfront district that could see uses such as entertainment, restaurants, retail, parks and plazas.
Potential event park deal raises questions in concert industry
The announcement of a potential $250M event park has hit a flat note with some concert promoters in Edmonton. The development is part of a potential deal between the Oilers Entertainment Group, the province and the city.
An inside look at an Amazon delivery centre
Angela Baciu describes an Amazon Delivery Centre in southeast Calgary as where “the magic is happening.” The regional manager for the Prairie region for Amazon said it’s the last mile for packages before they are delivered to people’s doorsteps.
Canadian building permit values fell 3.2% in January
The total value of building permits issued fell 3.2 per cent in January, reaching $12.8 billion, according to Statistics Canada. Despite the decline, permit values in constant dollar terms were still 13.4 per cent higher compared to January 2024.
Van. developer cries foul over city changes to view cones
OPINION: Vancouver developer Greg Coombs of Coombs Development Corp. says he and another landowner on Cambie Street got the short end of the stick when the city moved a "view cone" and redirected it through city-owned properties.
Jasper wildfire responsible for $650M in commercial losses
The Jasper wildfire, which impacted 358 of the town’s 1,113 structures, was initially estimated to have caused $880 million in insured damages, but that figure has since risen to $1.23 billion. The loss number covers commercial and residential property and motor vehicle claims.
Real estate podcasts
Carl Gomez, CoStar: Tariffs, rates and real estate, CRE Podcast
Vance Leschuk, Vance Consulting: How to lower commercial property taxes, VCREP
Glenn Way, GWLRA: Creating value in CRE, Tenant Experience Network
CRE groups fight tax plan likened to ‘dropping a bomb on the business model’
A major real estate tax break has emerged as a key bargaining chip among Republicans assembling a budget that will cut taxes and slash spending, and CRE industry advocates are flocking to Capitol Hill to try to protect the deduction.
Blackstone’s $17B property lending arm isn’t giving up on its office bets
After a years-long downturn that left U.S. offices empty, Blackstone president Jon Gray sees the sector as ripe for new bets. His real estate dealmakers are preparing to scoop up a stake in a 50-story building in Midtown Manhattan.
Compass in talks to buy Berkshire’s property brokerage, WSJ Says
Compass Inc. is nearing a potential acquisition of Berkshire Hathaway Inc.’s real estate brokerage business amid a flurry of recent dealmaking in the property sector, the Wall Street Journal reported.
The White Lotus effect: Thai hotelier in hit show plans U.S. expansion
The owner of the Anantara hotel and resort brand, whose hotels were featured in season three of the award-winning HBO show The White Lotus, is looking to ride the hype train across the Pacific Ocean.
Industry Events
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Canada Real Estate Auctions
Apr 01 2025
to Dec 31 2025
Canada
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Western Canada Apartment Investment Conference
Apr 22 2025
Vancouver Convention Centre
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Vancouver Real Estate Forum
Apr 23 2025
to Apr 24 2025
Vancouver Convention Centre
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Edmonton Real Estate Forum
May 27 2025
to Feb 27 2025
Edmonton Convention Centre
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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