Recent Articles
Canadian REITs: A year of ups, downs and major deals
Canadian REITs: A year of ups, downs and major deals
There were differing opinions on the state of real estate investment trusts during the closing roundtable session of RealREIT at the Metro Toronto Convention Centre, after an earlier session reviewed the performance of Canadian trusts.
Artis REIT to merge with Toronto's RFA Capital
UPDATED: Artis REIT (AX-UN-T) has an agreement to merge with RFA Capital Holdings Inc., to become a public entity known as RFA Financial. Management plans to continue divesting the REIT's real estate to reinvest in other financial instruments.
Feds allot $13B for housing under Build Canada Homes
Prime Minister Mark Carney has announced a federal housing agency that will partner with the private sector to build non-market homes for Canadians struggling with affordability. The government is providing Build Canada Homes with $13B in initial capital.
Centurion Apartment REIT limits investor redemptions
Centurion Apartment REIT, a private real estate fund with nearly $8 billion in assets under management, is substantially limiting investor redemptions, stoking contagion fears as skittish retail investors increasingly try to sell out of similar products across Canada.
HSR project: A 'weapon of mass construction'
The federal government's decision to put the high-speed rail (HSR) project on the fast track, by halving the deadline for construction to begin, transforms the project into a "weapon of mass construction," says Alto CEO Martin Imbleau.
Industrial supply shortage looms in Metro Vancouver
Metro Vancouver’s persistently tight industrial real estate market is being humbled by rising vacancy, but don’t expect it to last very long. The region’s industrial vacancy rose in Q2 to its highest level since 2015, 3.1 per cent.
Proposed 27-storey hotel near Vancouver's Stanley Park
A Macron Developments' proposal for a 27-storey hotel tower at the edge of Stanley Park is drawing pushback from West End residents over its scale, even as the city faces a shortage of hotel accommodation.
Life after Hudson's Bay for Zellers and other iconic brands
Zellers and HBC had a long history: the one-stop discount shopping outlet was first purchased by HBC in 1978 and at its peak had 350 locations around the country.
Internal gov't docs reveal grim housing climate in Canada
As Ottawa launches a new agency to build homes faster, internal government documents describe how dire the housing situation has become. The cost of building the average home has increased 58 per cent since 2020 and could rise further.
Student housing demand still high in B.C.
The demand for student housing in B.C. is expected to remain resilient despite caps on international students, with domestic students making up for any shortfall, experts say. "There is a serious undersupply in the market,” Bonard CIO Patrik Pavlacic said.
Mass timber going mainstream in B.C. despite growing pains
Mass timber is making a bold entrance in B.C. real estate, but experts say it faces hurdles including supply-demand mismatch and fire safety concerns. About 450 mass-timber buildings were completed or under construction in the province as of December 2024.
RECO asks court to freeze assets of iPro Realty, founders
Ontario’s real estate watchdog is seeking an emergency injunction from the province’s Superior Court to freeze the assets of iPro Realty and its principals in the wake of the brokerage’s $10.5-million shortfall from consumer and commission trust accounts.
Groupe HD launches private senior residences business line
Quebec developer Groupe HD has launched a business line specializing in the development of private seniors residences. Five projects, representing more than 2,000 units, are already in the planning stages in collaboration with municipalities.
Canada sees most August home sales in four years: CREA
The Canadian Real Estate Association says it recorded the most home sales for August in four years as the number of residential properties that changed hands rose 1.9 per cent compared with a year ago.
39-storey rental housing tower proposed in Vancouver
Plans from Westrich Pacific Corp. to redevelop the property of 809 West 41st Ave. in Vancouver’s emerging Oakridge Municipal Town Centre have now doubled in height, with the number of proposed homes tripling.
17-storey rental tower proposed near St. Clair West station
A zoning by-law amendment application has been filed for a 17-storey rental tower designed by BNKC Architects for InnoDev Partners. The designated site spans 146 through 150 Vaughan Rd.
GIC eyes exit on $10 billion Yes! joint venture to Brookfield
Singapore’s GIC Pte is in talks to sell its stake in U.S. landlord Yes! Communities Inc. to Brookfield Asset Management in what could be one of the biggest exits for the sovereign wealth fund in years.
Blackstone inks deal for $869M in single-tenant retail debt
Funds affiliated with Blackstone Real Estate Debt Strategies, the investment giant’s real estate credit manager, agreed to buy nearly $1B in loans from First Internet Bancorp, the latest deal in the investment bank’s more than $22B push into private credit.
RealPage to hit back in legal fight over rent pricing algorithms
RealPage is tired of being blamed for the lack of affordable housing in the U.S. In the face of a federal lawsuit and a host of local regulations aimed at the company’s software, RealPage has taken legal action.
Citi's London office overhaul costs hit $1.5 billion
Wall Street bank Citigroup's bill for refitting its tower in London has risen to US$1.5 billion, the company told Reuters, highlighting the challenges of modernising workplaces to attract employees back to offices.
Industry Events
-
BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
-
Montréal du Futur
Sep 24 2025
to Sep 29 2025
World Trade Centre of Montreal
-
Ottawa Real Estate Forum
Oct 09 2025
Rogers Centre, Ottawa
-
Saskatchewan Real Estate Forum
Oct 16 2025
TCU Place, Saskatoon
-
Toronto Real Estate Forum
Dec 03 2025
to Dec 04 2025
Metro Toronto Convention Centre, Toronto