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Keltic pitches taller towers at Burnaby Brentwood project
Keltic pitches taller towers at Burnaby Brentwood project
The owner of a bowling centre near Burnaby’s Brentwood area has updated its plans to redevelop the site that could eventually add three towers with 1,667 homes in the Lougheed corridor.
Title insurance provider FCT buys majority stake in Fintracker
Title insurance and services provider FCT has acquired a majority interest in Fintracker, a specialist in identity verification and compliance technology for real estate transactions.
Toronto's continuing decline of new office development
From Scotia Plaza to the TD Tower, new office developments have long been seen as a sign of Toronto's economic prosperity and growth. But UTPro data now paints a different picture: the development of new office space has plummeted.
49-storey condo proposed to replace T.O. office building
If a proposed development application by real estate firm Arkfield Capital for the site at 10 Lower Spadina Ave. is approved, a seven-storey office building could be replaced by a 49-storey residential condo – taller than everything around it.
Novem buys bankrupt B.C. Tree Fruits facility
Novem Pharmaceuticals has closed on a purchase agreement on the former B.C. Tree Fruits cold storage facility on Sexsmith Road in Kelowna. CEO Colin Davison did not disclose the purchase price but said Novem plans to modernize the building.
 | National Bank National Bank’s real estate business building momentumNational Bank successfully launched a licensed real estate services brokerage in 2024. NBF Real Estate Services Inc. added property sales and NBF Mortgage Brokerage Services Inc. added a licensed mortgage brokerage to its suite of advisory services and capital markets expertise. Sponsored by: National Bank |
Core Urban plans to revitalize long-vacant Coppley building
Hamilton developer Core Urban recently announced it had acquired the historic Coppley building and its red brick counterpart on York Boulevard, with plans to restore and convert the property into rental apartments, a boutique hotel and office space.
Coquitlam tables restaurant plan, calls Morguard to meeting
Morguard, the property manager for Coquitlam Centre, is being invited to a council meeting to talk about the future of its 60-acre mall site. In July 2024, the city cancelled the company's master-development plan.
Vesta Properties plans mixed-use project in Calgary
The approval of Vesta Properties' land-use application paves the way for thoughtfully designed, mixed-use development that will enhance downtown Calgary's vibrancy through a blend of residential, commercial and public spaces.
Another T.O. Beer Store could be torn down for condos
Following news several Beer Store locations across Ontario are closing, one of its brick-and-mortar stores in Toronto is now being targeted for redevelopment. Starbank Developments is proposing a pair of 15-storey residential buildings for the 609 Roehampton Ave. site.
New Delta industrial park on horizon, another in limbo
Work continues the 78th Street Interchange Project in Delta. It’s one of a series of road projects underway that are part of the Parkwood Industrial Estates development, located on 88th Street in East Ladner, a master-planned industrial business park.
Realtor.ca aims to be a one-stop real estate shop
There’s a new place to get mortgage rates and approvals, and it’s the same place where half of Canadian home shoppers ogle real estate listings: Realtor.ca.
AIMCo shuts Singapore, New York offices
Alberta Investment Management Corp. (AIMCo) will shutter its new offices in Singapore and New York. It’s a major reversal for the $169 billion money manager, which opened the Singapore office in 2023 and the New York location last year.
CPPIB assets climb to $700B, boosted by investment gains
Canada Pension Plan Investment Board reported one of its best quarterly gains to close out 2024, earning 3.8 per cent on its investments and boosting the total assets it manages to $700 billion.
Real estate podcasts
Richard Barkham, CBRE: New real estate cycle emerging, REIT Report
Rob Kavcic, BMO: Top economist weighs in on rate cuts, Canadian RE Investor
Jon Switzer, Impact Commercial: Interest rates, tariffs & market insights, VCREP
U.S. mega distribution centres leasing activity grew in 2024
According to recent data from CBRE, the U.S. industrial real estate market saw a significant increase in mega distribution centre leases (1-million sq. ft. or more) in 2024, fuelled by robust online sales nationwide.
CBRE projects double-digit growth, boosted by office leasing
CBRE ended 2024 with what CEO Bob Sulentic described as its best quarter ever for core earnings and free cash flow, and the brokerage expects to continue to ride a market recovery this year.
London office owners eye $1.8B of sales as freeze thaws
Owners of trophy London office properties are preparing a raft of sales, anticipating a long-stalled recovery in the city’s prime real estate market after deals reached a 15-year low in 2024.
BlackRock fund gives up China towers after missing loan payment
A BlackRock fund forfeited a Shanghai office complex to Standard Chartered Plc after it didn’t make a loan payment for the property. It’s the latest sign that China’s years-long property downturn has swept up even the world’s largest financial institutions.
Industry Events
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RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
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CBRE Capital Lenders' Forum 2025
Feb 25 2025
Metro Toronto Convention Centre
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Canada Real Estate Auctions
Mar 01 2025
to Dec 31 2025
Canada
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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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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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