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2-tower Toronto Labatt Village by TAS placed under receivership
2-tower Labatt Village by TAS placed under receivership
In one of the larger insolvencies in the GTA in recent years – based on the scale of the project – the Labatt Village project by Toronto-based developer TAS has been placed under receivership, according to filings in Ontario Superior Court.
Returns remain below long-term norms: MSCI/REALPAC
The MSCI/Real Property Association of Canada (REALPAC) Canadian Property Index fell last year from 2024 and remained well below historical norms. The total return has averaged 1.7 per cent annually over the past four years.
 | Working Capital Are we in a buyer's market for commercial real estate?Jesse FragaleHost, Working Capital - The Real Estate Podcast |
Purpose-built rental won’t be a panacea for B.C. developers
B.C. developers who have switched their focus from condo projects to rental projects in today’s weak presale market may be finding it’s not a panacea. The economics are currently tough for purpose-built rental projects, some experts have told BIV.
Hitachi Rail invests $30M in new Canadian HQ
Hitachi Rail announced it is investing almost $30 million in a new state-of-the art Canadian headquarters in Toronto. The office is located in Consilium Place in Scarborough and is due to open officially in summer 2026.
'Jenga' tower in downtown Vancouver begins to take shape
A new downtown Vancouver luxury condominium tower is beginning to draw attention for its unconventional shape, as its construction progress is finally making it easier to recognize its distinct architectural design.
Three towers proposed near Mount Joy GO in Markham
Three towers ranging from 30 to 35 storeys are proposed to replace a one-storey commercial plaza and place of worship at 9441 Markham Rd., south of Mount Joy GO station in Markham’s Mount Joy neighbourhood.
Historic theatre could be demolished for condos
A plan to demolish a nearly century old, heritage-protected theatre will be considered for approval by Toronto and East York Community Council. If approved, the Carlton Theatre would be knocked down for a 10-storey mixed-use condo building.
Private market real estate: key opportunities and risks
Private market capital flows have grown substantially over the past several years, benefitting from institutional and high-net-worth investors in particular seeking to broaden diversification within portfolios. Private equity and private credit strategies have been popular, alongside private real estate.
Automotive repair shops struggle for locations in GTA
Automotive repair shops are finding it difficult to open locations across Greater Toronto as some landlords say they're hesitant to lease space for auto-repair facilities due to environmental concerns and potential property degradation.
Retail landscape strong despite Toys "R" Us, HBC: RioCan
The head of RioCan Real Estate Investment Trust (REI-UN-T) says the recent financial troubles of retailers like Toys "R" Us and Hudson's Bay are not representative of the wider retail landscape.
KMS Tools opens first Saskatchewan location
The first Saskatchewan location for KMS Tools & Equipment recently opened. KMS Tools launched in Coquitlam in 1983, and now has about 17 locations in Alberta and B.C., as well as the new 25,000-square-foot Saskatchewan location.
CIBC warns housing weakness could weigh on economy
CIBC is warning that cracks forming in the housing market will weigh on the economy as construction flags. In a new report, CIBC deputy chief economist Benjamin Tal said housing start statistics are masking weak building activity.
Toronto is losing momentum, and that's a problem
Employment is falling and the standard of living is stagnating in Toronto and that’s a problem for the whole country, according to recent studies. The trade war and slumping housing market are taking a toll on Toronto's economy.
Real estate podcasts
Tom Isaac, Cassels: Canada fails to uphold private property rights, Loonie Hour
Jose Pellicer, Evonite: Inflation-proof RE strategies, CRE Podcast
Flat rents and record vacancies in multifamily, Canadian RE Investor
Johnson & Johnson to invest $1B in facility outside Philadelphia
Pennsylvania’s life sciences sector took another step forward Wednesday when a pharmaceutical giant debuted plans for a cell and gene therapy manufacturing facility in suburban Philadelphia. Johnson & Johnson plans to spend US$1B building a facility in Lower Gwynedd Township.
Miami’s Waldorf developer pitches second 1,000-foot skyscraper
The real estate developer building a 1,049-foot-tall Waldorf Astoria-branded condo tower in Miami is now proposing a second supertall skyscraper down the block. Property Markets Group plans to break ground on the 985-foot tower in downtown next year.
AI is undermining Wall Street's faith in office's comeback
Wall Street isn’t buying the office market’s recovery, even as buildings fill up. Office REIT stocks have sunk this year amid fears that artificial intelligence could permanently reduce the number of workers companies need – and the space to house them.
How 2026 will remap U.S. data centre real estate
By 2030, U.S. data centre electricity demand could more than double. In 2026, data centre real estate will be defined by industrial-scale infrastructure buildouts, escalating megawatt requirements and a growing reliance on third-party developers and capital partners to keep pace.
Industry Events
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MIPIM - The Global Urban Festival
Mar 09 2026
to Mar 13 2026
Palais des Festivals, Cannes, France -
Vancouver Real Estate Forum
Mar 31 2026
to Apr 01 2026
Vancouver Convention Centre West -
Montréal Real Estate Forum
Apr 14 2026
to Apr 15 2026
Palais des congrès de Montréal -
BOMA 2026 CRE Symposium
May 07 2026
Dieppe, NB -
Western Canada Apartment Investment Conference
May 12 2026
Edmonton Convention Centre
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