LocationsRecent Articles
Nahid sources $95M to build Toronto condo via Finneo
Nahid sources $95M to build Toronto condo via Finneo
Commercial real estate debt advisory firm Finneo has assembled its biggest financing deal in Canada, securing $95 million in funding for Nahid Corp. to build a 215-unit condo in Toronto's east-end Scarborough district.
CPP Investments sells $2.2B stake in U.S. industrial fund
CPP Investments says it will sell its 45 per cent stake in the Goodman North American Partnership, a $6-billion (all figures US unless otherwise noted) venture which owns industrial and logistics properties across North America.
Ikea to start work on Hamilton distribution centre this spring
Ikea has submitted a building permit application to the City of Hamilton covering plans to build a new distribution centre. The company purchased 65 acres of rural land for $82M in July 2022 for the project.
 | CRE Data Deep Dive Multires trends to watch in 2025Sarah SegalCEO and co-founder, simplydbs |
Developer urged to keep hotel rooms in Four Seasons plan
Advocates in Vancouver's tourism sector are urging real estate giant Cadillac Fairview to include hotel rooms in its plans for a tower on a site it owns at the northeast corner of West Georgia and Howe streets.
Employer-employee tensions continue over RTO policies
About 18.7 per cent of employed Canadians worked mostly from home as of May 2024, according to Statistics Canada. That's about six per cent lower than May 2021, but remains more than twice as high as it was before the pandemic.
Downtown Calgary office vacancy rate still highest in Canada
Calgary's downtown office vacancy rate is still the highest in the country, but things are trending in the right direction, according to figures from commercial real estate services company Altus Group.
Businesses snap up spots in Vancouver's 'stacked' industrial
Activity in Metro Vancouver’s industrial real estate market has shifted away from investors and large logistics companies clamouring for properties. Instead, there’s a new micro-trend of small-business owners buying so-called stacked strata properties.
43-storey proposal adds to growing node around Weston GO
A 43-storey residential tower is being proposed near Weston GO and Union Pearson Express station in Toronto. Designed by Graziani + Corazza Architects for Altree Developments, the property is situated within the Weston major transit station area.
Big developments set to come before Delta council
Several development applications in Tsawwassen will soon be before council in 2025, the first full year of Delta’s Official Community Plan. Among them is Century Group's application to build 1,433 residences on a former mall.
B.C. redevelopment's second phase includes 1,300+ homes
The second phase of the Richmond Centre redevelopment, which will add another 1,330 residential units, is working its way through city hall. The first three towers are almost completed, and the first residents are expected to move in shortly.
Canada must invest in older rental housing, not just build
Across Canada, the demand for rental housing is intensifying. The unprecedented demand is a result of several factors, including Canada’s population growth, ongoing inflation, constraints on the existing rental stock and obstacles related to the construction of new apartment buildings.
Prepare yourself for the future of retail: JLL report
A new report by commercial real estate firm JLL, Prepare yourself for the future of retail, identifies some key trends in the retail industry. It's more complicated than a simple binary of online/offline shopping.
Canac is 150 years old and continues to think big
Quebec-based hardware retailer Canac has 33 stores and continues its expansion by aiming for a rate of two openings per year. This year, new branches will open in Rivière-du-Loup in January, and Salaberry-de-Valleyfield in June.
Half the restaurants in B.C. and N.S. are losing money
Alcohol sales at drinking places, such as bars and taverns, in British Columbia as well as Nova Scotia have fallen by 12 per cent. And the B.C. food service industry recorded the highest number of restaurant bankruptcies in its history.
New Toronto bylaws expand where nightclubs can open
Toronto club owners will now be able to open up their dance floors in almost any neighbourhood in the city as new bylaws for restaurants, bars and entertainment venues come into effect this month.
Amazon doubles industrial acquisitions with over $2B in deals
Amazon doubled its spending on industrial properties in 2024 compared to the prior year, handing out more than US$2B across at least 39 transactions. The company spent $920M on properties in 2023.
CBRE signs deal to open new global financial HQ on Park Avenue
The world’s largest commercial real estate services firm is opening a new headquarters for its investment activities in Midtown Manhattan. CBRE is establishing a global financial headquarters at Lever House, a 21-story midcentury modern office tower.
Google leases 550,000 sq. ft. in tech hub in India
Google has a landmark lease for 550,000 square feet of office space in Gurugram, India through an agreement with Table Space. It is one of the largest such agreements in India, and includes an option for 200,000 additional square feet.
Berkshire-owned lender sued by CFPB over ‘unaffordable’ loans
A lender owned by Warren Buffett’s Berkshire Hathaway Inc. knowingly issued “unaffordable” home mortgages by ignoring the insufficient income or assets of some borrowers, a top U.S. financial regulator alleged in a lawsuit Monday.
Industry Events
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ICSC Whistler
Jan 26 2025
to Jan 28 2025
Fairmont Chateau Whistler
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Canada Real Estate Auctions
Feb 01 2025
to Dec 31 2025
Canada
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Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
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RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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