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Recent Articles
Hazelview acquires Presima to combine REIT teams
Hazelview acquires Presima; to combine REIT teams
Hazelview Investments has completed a strategic transaction with Presima to bring their respective global real estate investment trust (REIT) teams together.
 | The CRE Talent Corner Attracting and retaining value-adding talent: Competing beyond compensationChandran FernandoFounder, Managing Partner, Matrix360 |
Sienna to buy two seniors properties for $109M
Sienna Senior Living Inc. (SIA-T) announced it has entered into two purchase agreements to acquire a retirement residence in the Greater Ottawa Area and a long-term care community in the Greater Toronto Area for a combined $109 million.
Panattoni buys 2M-sq.-ft. industrial site in Edmonton
Panattoni has purchased a 100-acre development in northwest Edmonton, a site with room for up to two million square feet of industrial real estate. The property is at 137 Avenue and 156 Street in the city’s northwest industrial corridor.
As retail giants fall, Simons is booming
For Simons CEO Bernard Leblanc, slow and steady is winning Canada’s big box retail race. Since joining the retailer in 1994, Leblanc has watched as brick-and-mortar retail giants fell: Eaton’s, Zellers, Target, Sears, Nordstrom — even Hudson’s Bay after 355 years.
Buyers emerge for prominent former HBC stores
Buyers have been found for four properties that used to house Hudson’s Bay department stores. Court records show the defunct retailer and RioCan REIT (REI-UN-T) have takers for Calgary, Ottawa and Vancouver sites, as well as a location in Windsor.
Manitoba challenges Sobeys’ property contracts
The Manitoba government is challenging property contracts held by Sobeys because it says the grocery giant is making it more difficult for competitors to enter the market. The province says, in some cases, the grocer is leaving buildings vacant.
B.C.'s Metrotown remains a retail stronghold after 40 years
Surrounded with an ever-increasing amount of adjacent malls such as the Crystal Mall at 4500 Kingsway and busy blocks along the Kingsway high street, Metropolis at Metrotown continues to be at the centre of one of the busiest commercial districts.
Rental towers, infill projects approved by Toronto council
Twelve development applications and planning decisions were adopted or advanced by Toronto City Council in April, ranging from small-scale infill to multiphase communities. The approvals greenlight over 3,500 new residential units.
Development permit approved for Esquimalt tower
Esquimalt council has approved a development permit application from Intracorp Homes for a 21-storey tower to be built on the site of two four-storey apartment buildings at 1340 Sussex St. and 1337 Saunder St.
Surrey hits record monthly construction value
Surrey set a record in March by hitting its highest monthly construction value ever with $2.95 billion in activity. March’s activity was driven primarily by major capital projects, including approximately $1.7 billion associated with a new hospital.
Selling Canada’s airports could build public transit
OPINION: Two years ago, France’s Vinci SA, a construction and infrastructure firm, paid $2.35B for 50-per-cent ownership of Edinburgh's airport. It was minor news in the business pages, nowhere else. Airports in Britain were privatized decades ago. Yawn.
TransAlta CEO sees opportunity in data centres
The federal-provincial energy accord has drawn national attention to pipelines, but attracting major investment into the burgeoning AI-focused data centre sector could provide another spark for Alberta’s economy in the coming years.
RBC launches FN-focused group to finance major projects
Royal Bank of Canada is launching an Indigenous advisory and finance practice in a bid to increase access to capital for Indigenous-owned major projects and other investments.
Fiera Capital, Fonds FTQ agree on $100M refinancing
Fiera Capital Corporation (FSZ-T) announced it completed a refinancing deal with Fonds de solidarité FTQ for $100 million. The replacement debenture bears interest at a rate of 7.40 per annum per annum and will mature on April 30, 2031.
ERES, CAPREIT complete going-private transaction
ERES REIT and CAPREIT announced the successful completion of their plan of arrangement transaction pursuant to which an affiliate of CAPREIT acquired all of the issued and outstanding units of ERES not already owned by CAPREIT.
La Caisse in talks to buy $1.25B U.K. student portfolio
La Caisse is in talks to buy a nine-asset U.K. student accommodation portfolio in one of the largest deals for the sector over the past few years. La Caisse has agreed to buy the portfolio from DWS, Green Street News reported.
GameStop makes bid to buy eBay for about $56B
GameStop said it has proposed to buy all common shares of eBay for about US$56B. CEO Ryan Cohen, GameStop’s largest investor, said the offer price is US$125 a share in a 50-50 mix of cash and stock.
KKR plans to launch $10B data centre development firm
KKR is reportedly taking in billions from investors to launch an AI company targeting data centre development. The private equity firm has secured over US$10B to launch a company to develop and operate AI infrastructure, sources told Bloomberg.
Blackstone data centre REIT seeks to raise $1.75 billion in IPO
Blackstone Digital Infrastructure Trust Inc. is seeking to raise as much as US$1.75 billion in a U.S. initial public offering, offering investors the chance to capitalize on a surge in building artificial intelligence infrastructure.
Industry Events
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Land & Development
May 27 2026
Metro Toronto Convention Centre - North Building -
Southwestern Ontario Real Estate Forum
Jun 03 2026
RBC Place London -
Canadian Apartment Investment Conference
Sep 09 2026
Metro Toronto Convention Centre, North -
RealREIT
Sep 16 2026
Metro Toronto Convention Centre, North -
Winnipeg Real Estate Forum
Sep 17 2026
RBC Convention Centre, MB
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