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Anthem buys dev. land in north-central Calgary, plans 1,600 homes
Anthem buys dev. land in Calgary, plans 1,600 homes
Anthem Properties Group Ltd., has secured a 146-acre parcel of land in north-central Calgary, completing its first land position in the fast-growing area of the city. It is planning a stand-alone community of approximately 1,600 residences.
Loblaw commits $2.4B to retail, distribution network in 2026
Canada’s largest retailer, Loblaw Companies Ltd. (L-T), says it plans to invest $2.4 billion this year in its retail and distribution network, with plans to build 70 stores across the country.
GTA highrise land values continue to decline in 2025
High-density land values across the GTA are in the midst of a reset, according to the latest High-Rise Land Insights Report by Bullpen Research & Consulting Inc. Average pricing began to slide in 2023.
The great divide in the office market
There is a sharp bifurcation in Toronto’s office market, where post-pandemic leasing activity has tenants clamouring for so-called trophy assets while older buildings have large swaths of open space. This split is creating winners and losers.
Ravelin announces expected default on 9% debentures
Ravelin Properties REIT (RPR-UN-T) announced Friday it will not repay interest or principal on its nine per cent debentures due Feb. 28 due to ongoing financial problems. The debentures, listed on the TSX under RPR-DB-T, will be delisted.
Ontario has not secured new space for its civil servants
The Ontario provincial government says it has not signed any new leases or purchased real estate to accommodate 60,000 public sector workers ordered to return to the office, as unions say there will be a serious space crunch.
Competition Bureau expands real estate sector probe
The Competition Bureau says it has obtained a court order to expand its ongoing investigation into potential anti-competitive conduct in Canada’s real estate sector to include Greater Vancouver Realtors.
Colliers extends its US$2.25B credit facility
Colliers (CIGI-T) announced that it has amended its revolving credit facility to extend the maturity to February 2031, providing long-term financial flexibility. The amended agreement maintains the total credit facility at US$2.25 billion.
B.C. developer Westbank facing project woes, lawsuit says
Canadian luxury real estate developer Westbank Projects Corp. was struggling with losses and delays on a string of high-profile projects as recently as September, according to a lawsuit from a former executive who claims she’s owed money.
B.C. property firms to fight $91M tax bill in court
British Columbia property companies controlled by prominent developer Terry Hui are taking the federal government to court, claiming a tax bill of more than $91 million will jeopardize future construction projects.
TCHC warns 50% of its properties are rapidly deteriorating
More than half the rental homes operated by Toronto’s public housing agency could deteriorate into critical condition within 10 years, officials are warning – despite billions in public money sunk into avoiding that fate in the last decade.
New hotel in Thunder Bay to open in late March
The Hyatt House hotel in Thunder Bay is hoping to welcome its first guests near the end of March. Of the hotel's 129 guest rooms, 77 are extended-stay suites and 52 are den-type rooms.
Shoppes at Heritage commercial development opens early
The first phase of a new LaSalle, Ont. commercial development is open ahead of schedule, and is on track to exceed employment expectations, the developer says. The Shoppes on Heritage's key tenant Food Basics announced its grand opening Feb. 12.
Surrey dev. site up for court-ordered sale at $15.2M
A South Surrey site, where a proposed townhouse project has already been approved, is up for a court-ordered sale at a reduced price. The property is on more than three acres in the heart of expanding Grandview Heights.
Saskatchewan town annexes 500 acres for residential dev.
The Town of White City is absorbing 500 acres of land from the neighbouring Rural Municipality of Edenwold. The property has been earmarked for a new residential development by Bright Communities called The Meadows.
Urban development plan for Moncton’s Vision Lands
Moncton city planners have unveiled a new plan for the largest remaining piece of undeveloped land inside the city’s urban boundary. It includes enough housing to accommodate Moncton’s projected population growth for the coming decades.
Private equity’s dry spell worse than 2008 crisis, Bain says
Private equity returned fewer profits to investors for a fourth straight year as the industry sat on US$3.8 trillion of unsold assets and struggled to raise money for new funds.
UPS reveals locations of 22 facilities slated to close
UPS announced last month it would close 24 facilities as it culls its workforce by 30,000, but didn't disclose which sites. Now, thanks to court documents, the locations of 22 of the sites have been revealed.
Data centre growth pushes beyond traditional markets
With vacancy locked at a record-low one per cent for the second consecutive year, the U.S. data centre market continues to gain momentum, according to JLL’s North America Data Center Report – Year-End 2025.
Hines sells Bond Street trophy office asset for $360M
Hines has sold a mixed retail and office asset on Bond Street to the Czech company that runs the U.K. National Lottery for £195M (C$360M). Allwyn, run by Czech billionaire Karel Komárek, purchased 80 New Bond St.
Industry Events
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MIPIM - The Global Urban Festival
Mar 09 2026
to Mar 13 2026
Palais des Festivals, Cannes, France -
Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West -
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
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