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Artis REIT sells downtown Winnipeg 220 Portage office tower
Artis REIT sells downtown Winnipeg 220 Portage office tower
Artis REIT (AX-UN-T) has sold its 220 Portage Avenue office building and the adjacent Garry Street Parkade as many of the city’s downtown office properties continue being transferred from institutional to private ownership.
Manulife Place in Edmonton to get $45M in renovations
The Manulife Place class-AA office tower in downtown Edmonton is about to undergo a $45-million series of interior and exterior renovations and improvements as it prepares to welcome its new anchor tenant, Canadian Western Bank, later this year.
Office leasing makes national gains in 2024
CBRE Canada’s newly released data for the fourth quarter of 2024 pegs the national office vacancy rate at 18.7 per cent at year-end with the downtown continuing to be looser than the suburbs in all markets except Toronto and Montreal.
Ivanhoe Cambridge sells stake in Manhattan tower to RXR
New York landlord RXR purchased a 49 per cent stake in 1211 Avenue of the Americas, home to Rupert Murdoch’s News Corp., from Ivanhoe Cambridge, the real estate arm of Canadian pension fund Caisse de Dépôt et Placement du Québec.
Manufacturers, exporters prepare for worst with Trump tariffs
Canadian manufacturers are left worrying as the inauguration of U.S. president-elect Donald Trump looms in less than two weeks. Companies are examining all aspects of their business to understand what might be affected.
 | Colliers Canada Brokerage Saskatchewan’s potential for self-storage and childcareAlternative assets are non-traditional commercial properties that are gaining significant interest from investors looking to diversify from the typical office, industrial, retail and multifamily sectors. Sponsored by: Colliers Canada Brokerage |
1,500 hotel rooms coming to downtown Vancouver
The planned demolition of the former Four Seasons building isn’t the only rethinking of hotel plans for downtown Vancouver. A handful of new hotels are in final planning stages, which will add around 1,500 rooms over the next two years.
Two Marriott hotels to open next to Capstan SkyTrain station
The final two buildings of Pinnacle International’s development sites in the Capstan Village district of Richmond will see major hotel uses. Both of these hotel buildings are now well under construction northeast of SkyTrain Canada Line’s brand new Capstan Station.
Fourth Thind project placed under creditor protection
Toronto-based KingSett Capital, the lender which initiated receivership proceedings against three projects by Burnaby-based developer Thind Properties, has initiated creditor protection proceedings against a fourth project by Thind, according to filings in the Supreme Court of British Columbia.
Open house offers first glimpse of Ottawa's Tewin dev.
It will be years before there are shovels in the ground, but the public is now receiving its first look at what the controversial Tewin development in southeast Ottawa might be.
FNpower moving forward with Alberta solar projects
First Nation Power Development is moving forward with two major solar power projects in Alberta. The Tilley Solar facility to become operational early in 2025 followed later by the beginning of construction on the Paul First Nation Solar Farm.
CentreVenture CEO tasked with reviving DT Winnipeg
The new CEO of Winnipeg's downtown development agency has been asked to create more affordable housing in Manitoba's capital, and come up with a new vision for Graham Avenue after Winnipeg Transit routes move north to Portage Avenue.
Huge condo tower planned for a decade might happen
State Building Group has long been eyeing its property at 55 Eglinton Avenue East as a redevelopment cash cow. Currently home to an eight-storey office building, the owners plan to level the mid-rise property and put in a high-rise.
Five highrises proposed on Kingston Road in Pickering
A mixed-use proposal from Resident, would replace an existing commercial plaza with five towers rising between 28 and 35 storeys. The Durham-Scarborough Bus Rapid Transit line planned to run past its front doors would boost connectivity to Toronto.
New project for Truman Homes in Calgary's University District
Already the builder of three properties in the University District of Calgary, Truman Homes has begun construction of a new purpose-built rental offering that will add another 222 units to the community.
Real estate podcasts
Adam Jacobs, Colliers: Unlocking CRE insights, Tenant Experience Network
Brad Bradford, Toronto City Councillor: A public showdown on housing policy, CRE Podcast
2025 Real estate predictions, Canadian Real Estate Investor
6 major U.S. landlords accused of rent-fixing in RealPage investigation
The U.S. Department of Justice expanded its antitrust case against RealPage to include six major landlords it alleges colluded to fix rents for more than one million apartments. The civil suit alleges RealPage’s algorithmic rent-setting tool was anticompetitive.
FHFA director Thompson to step down on eve of Trump inauguration
Sandra Thompson, director of the Federal Housing Finance Agency (FHSA), will step down on Jan. 19. The FHFA oversees Fannie Mae and Freddie Mac, key players in the U.S. housing market, as well as the Federal Home Loan Bank system.
U.K. property funds continue their long, slow death
Investors pulled nearly C$2.1B out of U.K. property funds in 2024, marking the sixth consecutive year of outflows that have seen almost C$12.4B leave the sector.
Bumper 2025 for U.K. hotel investment predicted
The U.K. hotel investment market should see more diversified investors and strong international interest this year after rebounding to C$11.2B in 2024, up 198 per cent year-on-year and 31 per cent above the 10-year average.
Industry Events
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ICSC Whistler
Jan 26 2025
to Jan 28 2025
Fairmont Chateau Whistler
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Canada Real Estate Auctions
Feb 01 2025
to Dec 31 2025
Canada
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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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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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