Real Estate News Exchange (RENX)
c/o Squall Inc.
1101-945 Princess Street
Kingston, Ontario K7L 0E9

Momentum and optimism building in Canada’s office market

1 day ago

Momentum and optimism building in Canada’s office market

The Canadian office market is looking like it has rounded the corner from recovery to growth, according to CBRE’s Q3 2026 Canada Office Figures report and managing director of research Marc Meehan.

$6.7B GO Residential-led bid for H&R REIT faces pushback

With unitholder votes to approve a GO Residential REIT-led (GO-U-T) $6.7-billion takeover of H&R REIT (HR-UN-T) set to take place next month, an H&R activist investor has written a public letter outlining opposition to the deal.

$250M Club Med in Mont-Tremblant breaks ground

The developers behind the Club Med in Mont-Tremblant plan to invest no less than $250 million in its construction. The year-round resort is set to open in 2028 and will accommodate up to 1,000 guests daily.

Groupe Mach threatened with $140M property auction

The City of Montreal is preparing to auction off eleven of Groupe Mach's properties on Nov. 2 due to millions of dollars in unpaid taxes. Founder Vincent Chiara promises to settle the bill on time to avoid liquidation.

Asking rents fall 4.2%, marking 24 months of decreases

The average asking price for a rental unit in September was $2,034, down 4.2 per cent from a year ago. The figures mark two years of annual declines, the longest downturn the rental market has experienced in recent history.

Pause or proceed? How economic uncertainty is reshaping real estate decisions

The market isn't on pause. Capital has moved. With uncertainty here to stay, waiting for more visibility is no longer the safer bet. What moves a project forward today is its ability to hold up across several scenarios.

Sponsored by: Laurentian Bank

AutoCanada buys two Metro Vancouver repair shops

AutoCanada Inc. (ACQ-T), a multi-location automobile dealership and collision repair group, has completed the acquisition of two Colorworks Autobody collision repair facilities in Coquitlam and Port Coquitlam, B.C, adding approximately 12,100 square feet of repair capacity.

Scarce retail space gives Canadian landlords new leverage

Canada’s tight retail real estate market is giving landlords greater leverage in lease negotiations, with high occupancy and limited new supply allowing owners of well-located properties to push rents higher. 

Jollibee set for major expansion after 10 years in Canada

Jollibee is entering a new phase of its Canadian expansion, moving beyond its company-operated model and turning to franchise partners to help bring the Filipino fast-food chain to more communities across the country.

Codimm launches luxury condo project at former convent

It took almost 20 years between the purchase of the land and the first shovel of earth for the luxury Highlands project on Wednesday in Sillery, Que., but the wait was worth it, says one of the promoters.

Victoria council considers James Bay condo, Quadra rental

A plan to build a seven-storey condo building on a portion of a parking lot behind the Royal Scot Hotel in James Bay will go to Victoria, B.C., council tonight, along with a proposed six-storey rental project near Quadra Village. 

BCFB proposes 750,000-sq.-ft. Metro Vancouver food hub

BC Food & Beverage (BCFB) — the industry association representing the province’s food and beverage manufacturers — announced yesterday that it is advancing plans to build the Pacific Gateway Food Terminal. The proposal calls for a building complex of about 750,000 square feet.

Canadian takeover deals down sharply in third quarter

Corporate takeovers involving Canadian companies collapsed in the most recent quarter, while fundraising efforts by domestic businesses soared to near-record highs. Just 401 transactions involving a Canadian buyer or seller were announced during the third quarter.

Soaring yields strand REITs in M&A no-man’s-land

U.S. treasury yields surging past five per cent are shaping the REIT landscape, pulling dealmaking into a slowdown. REIT executives and analysts say the cost of capital has climbed so fast that buyers and sellers can’t agree on pricing.

Success of top-tier malls masks sector's distress

U.S. communities where malls that once served as thriving hubs are facing distress — even as the overall sector improves. But of the roughly 900 malls across the country, 90 per cent of the value lies in around 250 class-A properties.

Industry Events