Recent Articles
Fengate breaks ground on mixed-use highrise in Ottawa
Fengate breaks ground on mixed-use highrise in Ottawa
The trendy and popular neighbourhood of Westboro in Ottawa will be home to a new 37-storey rental community after Fengate Asset Management officially broke ground on the West Orchard Urban Rentals project last week.
Halton secures billions from developers for infrastructure
Halton has secured billions of dollars from developers to build infrastructure that will support 92,000 new homes planned by the region’s municipalities of Burlington, Halton Hills, Milton and Oakville by 2031.
AutoCanada sells 3 B.C. dealerships for a total of $32.2M
AutoCanada Inc. says it has completed the sale of three dealerships in B.C. for total proceeds of about $32.2 million. The company said the dealerships operated outside of its core regional clusters, which limited opportunities for scale and efficiency.
Brookfield, CPP to acquire LXP Industrial for US$5.2 billion
Brookfield Asset Management (BAM-T) and CPP Investments will acquire LXP Industrial Trust (LXP-N) in all-cash deal valued at US$5.2 billion. The pension fund and companies announced this morning that a definitive merger agreement has been agreed.
London, Ont. firm lands $2B military vehicle contract
The federal government will spend $2-billion over four years to expand the Canadian Armed Forces’ fleet of armoured vehicles by purchasing 190 from London-based General Dynamics Land Systems-Canada, the first partnership under its new defence industrial strategy.
Ford Motors commits $700 million to Canada engine plant
Ford Motor Co. and the union's new collective agreement includes a $700-million investment at its Essex Engine Plant located in Windsor, Ont., in addition to a previously planned $550-million for its Oakville assembly factory.
Hurontario St. reinforced to support transit passengers
Hurontario Street has long been the spine of Mississauga. The asphalt spine is currently being widened and reinforced with steel and concrete so that it can soon carry many more transit passengers.
Ottawa eyes fast-track for Port of Vancouver upgrade
The federal government has referred a plan to vastly expand the Port of Vancouver to Canada's Major Projects Office for possible fast-tracking, boosting a project that environmentalists have fought for years.
Vancouver to consider Holborn’s massive redev. plans
Holborn Group’s proposal to transform two downtown blocks in Vancouver's downtown eastside into 1,546 homes, a 920-room hotel and more than 70,000 square feet of conference space with three large ballrooms, will go before Vancouver council this week..
B.C. hotel snags top resort in Canada title in global awards
Those looking to get away from it all can do so within B.C. at the best resort in Canada. Fairmont Chateau Whistler has been named the number one resort in Canada as part of the Travel + Leisure’s World’s Best Awards.
New 24-storey apartment building pitched for Corktown
A 24-storey apartment building is set to rise on vacant land just south of downtown Hamilton as the city sees rental construction pick up amid a cratered condo market.
Edmonton's LRT expansion was predicted 17 years ago
Progress on Edmonton's Valley Line West LRT line hammers on this summer, with some milestones expected to be reached by the end of construction season. In 2009, the city shared a 100-year plan for expanding the LRT system.
Building operators to stake claim at BOMEX 2026
A new one-day event for building operators joins the lineup of events for BOMEX 2026, the Building Owners and Managers Association (BOMA) of Canada’s annual national conference. Its focus is on optimizing building performance through energy efficiency and well-calibrated systems.
What to know about Ottawa’s push for more data centres
The rapid growth of artificial intelligence has driven a demand for data centres across Canada – a push backed by Ottawa that has sparked significant grassroots opposition. The federal government has committed $700 million to subsidize construction of data centres.
Hut 8 signs 15-year, $9.8-billion AI data centre lease
Hut 8, a crypto-mining turned AI data centre company has signed a second 15-year lease worth US$9.8-billion with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas.
What the quantum computing boom means for CRE
If quantum computing as a real estate story isn’t on your radar, you might be behind the curve, according to JLL, which is tracking 240 quantum facilities. Over US$4 billion in quantum real estate projects are underway globally.
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