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Rosefellow forges on with spec industrial development: Here's why
Rosefellow forges on with spec industrial dev.: Here's why
Rosefellow continues to build on-spec and build-to-suit industrial buildings in the Montreal area because the appetite for class-A industrial space remains high, says Rosefellow co-CEO Mike Jager.
Development, acquisitions: Cologix grows DC portfolio
The acquisitions of two additional Toronto data centres marks the latest Canadian expansion for Cologix, a Denver-based company that has been steadily expanding its holdings north of the border. It won't be the last.
Van. mulls developing rentals on $411M of city-owned land
City of Vancouver staff want council to approve a deal that would give a newly formed city-owned development corporation $411 million worth of land in exchange for shares in the company.
GTHA condo cancellations have hit a record high
The Toronto and Hamilton-area condo market continues to be pummelled by poor market conditions as cancellations hit a record-high, jeopardizing much-needed supply in the near future. So far his year, 18 condo projects and 4,040 units have been cancelled.
Alberta to fast-track data centre projects with energy sources
Alberta is doubling down on artificial-intelligence data centres as part of a new mandate for Affordability and Utilities Minister Nathan Neudorf, as the province looks to fast-track projects that generate their own electricity to avoid straining the public grid.
Metro Vancouver sees highest industrial vacancy in 10 years
Metro Vancouver’s industrial vacancy rate reached its highest level in more than a decade in the third quarter, although the market may be stabilizing, says a new report from Cushman & Wakefield Inc.
Amazon to build 200,000-sq.-ft. delivery station in Brant Co.
Amazon is putting down roots in Brant County, Ont. The e-commerce giant will build a 200,000-square-foot delivery station in the Rest Acres Road and Highway 403 corridor, the county announced in a media release on Thursday.
Schneider Electric opens distribution centre in Halton Hills
Schneider Electric has opened a 130,000-sq.-ft. distribution centre in Halton Hills, Ont. Located at 6 Cleve Ct. in Georgetown, the facility will serve customers across commercial, industrial, residential and infrastructure sectors.
USMCA key to Ontario Stellantis plant’s future, PM Says
Prime Minister Mark Carney said Stellantis NV will decide on future vehicle production at its factory in Brampton once a review of the North American free trade deal is finalized.
Port Moody halts luxury seniors housing facility
Avenir Senior Living's plan to build a 12-storey private seniors housing facility has once again struggled to find enough support at city hall. Council voted 4-1 against advancing the Kyle Park Senior Living project to a public hearing.
Sales launch for Calgary's future tallest condo development
Those who want to live in what will be Calgary’s tallest residential tower community will be able to stake their claim starting on Saturday. Vesta Properties will host its sales launch for Broadway on 17th, a three-tower luxury condo development.
New architect reworks multitower Yonge and St. Clair plan
A plan for the redevelopment of St. Clair Place has been resubmitted by Wittington Properties and Choice Properties REIT (CHP-UN-T) seeking minor variances to reshape the approved plan for the northeast corner of Yonge and St. Clair in Deer Park.
StormFisher acquires RCV to refresh $1.5B biofuels project
StormFisher Hydrogen has acquired financially troubled Quebec company Recyclage Carbone Varennes in a bid to restart development on its biofuel facility. The facility will be repurposed to use green hydrogen and captured carbon dioxide to produce low-carbon methanol.
Automotive Properties REIT completes $52.5M in acquisitions
Automotive Properties REIT (APR-UN-T) has completed its previously announced acquisition of a portfolio of three automotive dealership properties located at 2291, 2301 and 2311 Place Transcanadienne in Dorval, Que., for a purchase price of $52.5 million.
Morgan Properties' acquisition of Dream Residential approved
Unitholders of Dream Residential REIT (DRR-UN-T) have approved the acquisition of the REIT by an affiliate of Morgan Properties, LP in an all-cash transaction valued at approximately US$354 million.
City Office REIT stockholders approve merger
Stockholders of City Office REIT (CIO-N) have voted to approve the merger, announced in July, with MCME Carell Holdings. The merger is expected to close in Q4, with holders of City Office's common stock receiving $7.00 per share.
GO Residential REIT refinances NYC tower, adds liquidity
GO Residential REIT (GO-U-T) has announced the refinancing of One East River Place, a luxury highrise multifamily property in Manhattan. The outstanding principal on the property has been increased by approximately US$64.5 million.
MGM Northfield Park operations sell for $546M
MGM Resorts International has agreed to sell operations of MGM Northfield Park to Clairvest Group for US$546M in cash. Once the transaction is closed, the master lease agreement with VICI will be amended and reduced by US$54m annually.
New Jersey’s industrial deliveries slow, vacancy climbs
New Jersey’s industrial sector is moving through a slower development cycle, with construction activity lagging the national average and deliveries easing compared to last year. Year-to-date through July, the metro had 5.7 million square feet underway.
Alibaba and Ant to buy Hong Kong office space for $925M
Alibaba Group and Ant Group have agreed to acquire several floors of an office tower in one of Hong Kong’s priciest districts for US$925 million, as the Chinese tech leaders ramp up investment in the Asian financial hub.
Industry Events
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BUILDEX Alberta
Oct 22 2025
to Oct 23 2025
BMO Centre at Stampede Park, Calgary
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Calgary Real Estate Forum
Oct 29 2025
BMO Centre Expansion, Stampede Grounds
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Atlantic Real Estate Forum
Nov 04 2025
Halifax Convention Centre
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Global Property Market
Dec 02 2025
Fairmont Royal York
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