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Crestpoint rebrands 121 King St. W. as Roserock Place
Crestpoint rebrands 121 King St. W. as Roserock Place
Crestpoint Real Estate Investments Ltd. has revamped its office building at 121 King St. W. in downtown Toronto and renamed it Roserock Place in an effort to give it more of an identity.
 | Design, Policy and Canadian Cities Long live the new architectNaama BlonderArchitect, Urban Designer, Urban Planner | B.Arch, OAA, RPP, MCIP |
One developer at the centre of the fight over London's future
In the core of London, Ont., one five-letter name can be seen along the rooflines of empty historic buildings, printed onto “for lease” signs hung from vacant office towers and painted onto a mural covering darkened windows: FARHI.
How the U.S. election could impact the loonie, investments
With the U.S. election imminent, investment adviser Karen Routledge's phone is buzzing with calls from clients. The election's "definitely on people's minds," she said. "It's not necessarily who's in charge, but what they're going to do once they're in charge."
Western secondary markets poised for investor growth
An influx of people and businesses to secondary markets continues as high costs send both investors and tenants looking for more affordable opportunities. Investment, while often framed in terms of residential properties, is also returning to commercial and industrial assets.
Is Edmonton's downtown too big? Size matters, experts say
The heart of Alberta’s capital could benefit from demolition amid overdevelopment, attendees heard at the Edmonton Downtown Business Association’s panel on the future of the city’s core.
Squamish Nation looks at land use concepts for its reserves
With the Senakw high-density rental housing project in Vancouver now well underway in its construction ascent, the Squamish Nation is increasingly turning its attention toward identifying how to realize new major developments at its other reserves.
Burnaby waives affordable rental requirement for Edmonds
A Burnaby housing policy that used to require developers to build 20 per cent affordable rental apartments in their new developments will, for the first time, exclude about a third of the city.
Concord Pacific project features world's largest EV parking lot
Every one of the 1,974 underground parking spaces in Concord Pacific’s Hillside project has its own electric vehicle (EV) charger, making it the world's largest EV charging parkade, according to the Vancouver-headquartered developer.
Developer proposes two apartment towers in Niagara Falls
Placemaker Co. is proposing to build two large apartment towers on a property at the edge of the Tourist District in Niagara Falls presently used for outdoor storage and parking. The development would accommodate 812 rental apartments.
Metro Vancouver approves 10 per cent increase in taxes, fees
Metro Vancouver’s board of directors approved a 2025 budget with an almost 10 per cent increase in taxes and fees on Friday, although North Shore directors staged a last-minute attempt to pare some of that back.
A $29-million fight over big industry taxes
A yellow caution flag is being waved at the new Liberal government in New Brunswick, which promises to speed ahead with property tax reforms including potentially giving all tax revenues from industrial properties to municipalities.
Rapid growth brings retail revitalization to Halifax
Once known for its quieter pace, Halifax is now seeing rapid growth that is reshaping its retail landscape. New construction projects and a growing population are pushing the retail market to adapt, says Mathew Houston, vice president at CBRE.
StorageVault acquires two stores for $10.5 million
StorageVault Canada (SVI-T) has acquired two complementary stores, located in Barrie and North Bay, Ont. for an aggregate purchase price of $10.5 million. The company owns and operates 251 storage locations across Canada.
Brookfield Asset Management sees Q3 profit boost
Brookfield Asset Management Ltd. (BAM-T) reported rising third-quarter profits as its growing credit and insurance businesses brought in billions of new capital. The asset manager’s fee-related earnings were US$644 million in the three months ended Sept. 30.
Election 2024: Here's everything that’s at stake for CRE
Although it's widely believed election years bring a slowdown in deals as investors await the results, data shows otherwise. Leases and sales typically hold steady, with the election outcome having a minimal long-term effect on trends.
Blackstone in advanced talks to buy ROIC, Reuters says
Blackstone (BX-N) is in advanced talks to acquire Retail Opportunity Investments Corp., which owns U.S. shopping centres, Reuters reports, citing unidentified people familiar with the matter. If the talks are successful, a deal could be finalized in the coming weeks.
Office REIT says there is 'substantial doubt' about its survival
Office Properties Income Trust (OPI-Q) which owns a nearly-20M-sq.-ft. portfolio, says it might be forced to file for bankruptcy next year if it can't extend or refinance US$457M in maturing debt.
How infrastructure investment drives industrial space growth
Infrastructure investment and demand for U.S. industrial space are strongly correlated, and accelerated public spending on infrastructure in the 2020s will act as a spur to further growth in the industrial sector, according to Newmark’s Road Work Ahead report.
Industry Events
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Canada Real Estate Auctions
Dec 01 2024
to Dec 31 2024
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Global Property Market
Dec 03 2024
Metro Toronto Convention Centre, South Building
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Toronto Real Estate Forum
Dec 04 2024
to Dec 05 2024
Metro Toronto Convention Centre, South Building
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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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