LocationsRecent Articles
GWLRA plans 2 towers at Vancouver's 1296 Station St.
GWLRA plans 2 towers at Vancouver's 1296 Station St.
GWL Realty Advisors (GWLRA) has submitted a rezoning application to the City of Vancouver to refocus its 1296 Station St. office development to construct two multifamily towers of up to 28 storeys over a podium containing retail and office space.
The big change in the U.S. will affect Canadian investors
Donald Trump is returning as the U.S. president. Republicans will control both the House and Senate. This has major implications for the CRE and investment sectors, and a recent Global Property Market discussion was heavily focused on the potential fallout.
UHN acquires Toronto office tower to expand hospital
The University Health Network is extending its reach with the acquisition of 522 University Ave. in Toronto, one of the three largest office building sales in the city in 2024.
Massive Toronto redevelopment back on the table
A long-dormant plan to introduce an enormous four-tower development to the heart of downtown Toronto is back after a few years of radio silence. Developer Oxford Properties Group made a huge splash with its Union Park proposal back in 2019.
Montreal's STM digs into its real estate 'gold mine'
Quebec's Bill 61 allows public transit agencies to develop their real estate holdings through partnerships with private developers. Société de transport de Montréal (STM) is considering a major residential and commercial development on the site of Boulevard Mall.
Canada discusses Granville Island's future with First Nations
Canada is in talks about Indigenous groups having a greater say over Granville Island, a man-made peninsula and tourist magnet in the heart of Vancouver. Exploratory discussions have started with the Musqueam, Squamish and Tsleil-Waututh First Nations.
BMO Centre proves big projects don't always mean overruns
With a $50M budget, the Calgary Municipal Land Corporation managed to deliver the BMO Centre expansion on time and on-budget. It seems like an anomaly, given the project was built during a time of inflation and supply chain issues.
Top REIT picks, reasons to be optimistic in 2025: RBC analyst
The REIT sector’s Q3 rally has turned out to be a summer fling. Having given back a good portion of its gains in Q4, the TSX REIT Index posted a one per cent YTD total return (to Dec. 12).
New life for an old paper mill in Northern Ontario
BMI Group has spent seven years cleaning up the soil on the 296.5-acre site beside the Abitibi River in Iroquois Falls, demolishing much of the old mill and clearing the inside in what is being re-branded as "Abitibi Connex."
Fed funding for AI development to benefit U.S. company
Ottawa announced Toronto-based AI company Cohere would be the recipient of up to $240M to help build a multibillion-dollar data centre, leaving out that CoreWeave, a U.S. company, will build the data centre and indirectly receive the funding.
Northstar to be 'Tim Hortons of asphalt shingle recycling'
Asphalt shingle recycler Northstar Clean Technologies Inc. is moving ahead with a facility in Hamilton to reprocess tens of thousands of tonnes of roofing material each year. Then, it plans to replicate the facility in cities across North America.
Actuary's report on CPP has no estimate on Alberta's share
The Alberta government says it has heard back from Canada's chief actuary on its bid to leave the Canada Pension Plan (CPP), but there's no estimate on how much the province should get.
New rules could expose B.C. landlords, tenants to risk
New competition rules that came into effect Dec. 15 could significantly change the way commercial landlords and tenants do business. The Competition Act amendments widen its scope and could ensnare commercial landlords and tenants — particularly in the grocery industry.
Retail investment expected to heat up: Morguard
Morguard has released its 2025 Canadian Economic Outlook and Market Fundamentals Report – a comprehensive analysis highlights trends and opportunities shaping the real estate market as Canada gears up for a rebound amid improving economic conditions.
It’s been a tough year for The Bay in Vancouver
The Bay has withdrawn plans to open a store at the new Oakridge shopping centre, while its flagship downtown store has struggled to keep elevators and escalators working. And retail analysts are predicting 2025 likely won’t be any better.
Party City to shut down in U.S., Canadian stores unaffected
Party City is reportedly closing all of its stores across the U.S. — but the party supply chain's Canadian stores will continue to operate. In Canada, the brand is owned by Canadian Tire, which says its locations aren't going anywhere.
Nordstrom family to take chain private in $6.25B deal
The Nordstrom family is joining forces with Mexican department-store chain El Puerto de Liverpool SAB to take its namesake department store private in an all-cash transaction valued at about US$6.25 billion, including debt.
U.S. office sector decline continues amid flexibility shift
While companies pushed for return-to-office policies, office usage increased only slightly in 2024. The average sale price of offices dropped nine per cent to US$179 per square foot, but the decline has slowed against last year’s 24 per cent drop.
The 10 steepest drops in California property values this year
Some CRE industry pros think the Los Angeles market has scraped bottom in 2024. After a year of steep drops in property valuations, many of the region's highest-profile buildings, especially offices, have a long road to climb to prosperity.
Momentum growing for massive project near D.C.'s National Mall
On some of the most prime real estate in D.C., in between the National Mall and the US$3.6B waterfront megaproject The Wharf, sits a swath of aging, underutilized federal office buildings.
Industry Events
-
ICSC Whistler
Jan 26 2025
to Jan 28 2025
Fairmont Chateau Whistler
-
Canada Real Estate Auctions
Feb 01 2025
to Dec 31 2025
Canada
-
Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
-
RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
-
MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
-
CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
Follow us on Social Media
Follow RENX on your favorite social media platform for news delivered to your feed.
Locations
