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Mancal Properties expands Calgary industrial assets, buys Barlow Crossing

1 week ago

Mancal expands in Calgary, buys Barlow Crossing

Calgary-based Mancal Properties continues to expand its industrial real estate portfolio with the acquisition of Barlow Crossing in Calgary, which consists of 378,000 square feet across five buildings and two complementary retail components.

GTA industrial: Floor is in but stabilization will be uneven

Walk through mid-bay industrial areas in Brampton or Mississauga and you'll notice a difference from 18 months ago: phones are active! Tenants who spent 2024/25 sitting on their hands waiting for a net rent bottom are back at the table.

Telus flexes its real estate development muscle

Real estate is all about location, location, location, as people say, and that helps explain why telecommunications company Telus Corp. is making a big push into real estate development.

Honda halts plans for $15B EV factory project in Ontario

Honda Canada announced it has indefinitely suspended its project to build a $15 billion electric vehicle complex in Ontario. The decision was made in response to changing economic conditions, a change in external resource strategy and evolving customer demand.

The mechanics of recovery: Navigating real estate receiverships in a volatile market

The influx of receivership mandates isn't just a byproduct of high interest rates; it’s the result of a "perfect storm" of development pressures that left little room for error. A parallel narrative is unfolding across Canada’s two most expensive markets.

Sponsored by: Colliers Canada Brokerage

Toronto's condo market shows signs of recovery

VIDEO: After a year of sluggish sales and cancelled projects, Toronto's condo market is showing signs of recovery. CBC's Philippe de Montigny speaks with Jacob Cohen, president of the Daniels Corporation about the evolving market.

Surrey highrise sites available for court-ordered sales

A number of properties under court ordered sales around the city centre of Surrey are being touted for their high-density development potential. Among them is the former Centra project, which was already approved for a 24-storey residential tower.

Quebec and Desjardins sell QScale to Goldman Sachs

At a time when several experts are advocating the development of "sovereign" data centres, the Fréchette government and Desjardins have sold their interests in QScale to the American giant Goldman Sachs.

Calgary retail market stable with healthy demand: JLL

Calgary’s retail real estate market is demonstrating stability and healthy demand. The vacancy rate has held steady while average market-asking rents have climbed to nearly $30 per square foot, according to JLL’s Q1 2026 Market Dynamics report. 

Princess Auto to open 100,000-sq.-ft. flagship in Winnipeg

Princess Auto says it is opening a 100,000-square-foot flagship store in Winnipeg next month as the privately-owned retailer shifts toward a more experiential retail model focused on community engagement and hands-on customer experiences.

Plans advance for Bowmanville’s Goodyear lands

Plans to transform a long-vacant industrial property in Bowmanville are advancing. Designed by Arcadis for Lifelong Group, the proposal, framed as a brownfield intensification project, has evolved into a detailed plan for a mixed-use community with buildings up to 25 storeys.

Feds, Alberta announce $323M for affordable housing

Funding to build more than 3,600 units across 41 projects in Alberta was announced yesterday. Housing types include multifamily affordable housing, office-to-residential conversions, seniors housing, emergency shelters, transitional housing and supportive living.

Real estate podcasts

Eric Carlson, Anthem Properties: Housing crisis is a policy failure, CRE Podcast
Jeff Thomas, KingSett: How institutional capital thinks, RE Development Insights
Johannes Van Leenen, Fifth Avenue: Inside Western Canada’s RE shift, VCREP

Brookfield merges insurance unit as Flatt’s overhaul takes hold

Brookfield Corp. is merging its shares with those of its insurance business as the firm pushes ahead with plans to transform itself into an investment-led insurer. The change is the latest move in Brookfield’s plan to simplify its corporate structure. 

Blackstone REIT raises $1.75 billion in IPO to buy data centres

Blackstone Digital Infrastructure Trust raised US$1.75 billion in a U.S. initial public offering, as investors’ appetite for AI infrastructure shows no sign of easing. The asset manager’s data-centre acquisition vehicle aims to buy already-built and leased properties.

Why U.S. retail shines on: report

As retail deliveries stall, rents in the U.S. continue their upward trajectory. The growth rate edged out the 10-year average, with an annual rent increase of 2.4 per cent through March, according to the latest CBRE quarterly retail report.

Macerich picks up 1.5M-sq.-ft. Maryland mall

The Annapolis Mall, a 1.5-million-square-foot, class-A super-regional mall in Annapolis, Md., has changed hands for the second time in under two years. Macerich acquired the asset and an adjacent 13.1-acre parcel for a total of US$272M.

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