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Calgary's StoreWest growing in two booming sectors

3 weeks ago

Calgary's StoreWest growing in two booming sectors

Calgary's StoreWest Group of Companies is rapidly expanding its Canadian footprint in two booming sectors, self-storage and express car wash, with hundreds of millions in assets under management and a strong development pipeline.

ULI Toronto, Shared Path create groundbreaking CRE guide

ULI Toronto and Shared Path Consultation Initiative have published a first-of-its-kind guide on how the industry can build relationships, create jobs and opportunities through land development with Indigenous Peoples. One goal is risk mitigation as projects are developed.

Origin condos, townhomes kick off Victoria's The Beachlands

Origin, the first condominium phase at The Beachlands in Greater Victoria, presents an opportunity for a “true waterfront, beachfront site” amid pent-up demand for this type of housing according to the CEO of developer Reliance Properties.

Canada Lands is transforming the Downsview Lands

Two hundred and seventy acres. Five vibrant communities with over 22,000 new homes. Led by Canada Lands Company, the redevelopment of Toronto’s Downsview Lands is to become one of the most game-changing projects the city has seen in generations.

Jayman Built's Nostalgia Townlet to create 5,000 homes

The word “visionary” comes to mind to describe Jay Westman’s newest project — a man always thinking about planning the future of Calgary with imagination and wisdom. And getting it done.

Cogir Real Estate, celebrating 30 years of expertise and innovation

As we proudly celebrate our 30th anniversary, Cogir reaffirms its belief that real estate is far more than bricks and mortar—it is a way to shape experiences, enhance quality of life, and create value that goes beyond financial returns.

Sponsored by: Cogir Real Estate

Pension fund RE investments hold steady at $261.8B

Canadian trusteed pension funds reached a record $2.51 trillion in total gross assets during the first quarter of 2025, according to Statistics Canada data released Wednesday. Real estate holdings remained relatively stable at $261.8 billion.

$400M project on the table to transform former Montreal HBC

Two developers – James Bay Eeyou Corporation and JHD Immobilier – say they are ready to invest nearly $400 million to breathe new life into the former Hudson's Bay store in downtown Montreal. 

RioCan bids $141M to buy out HBC JV from 2 GTA malls

Toronto-based RioCan REIT (REI-UN-T) has reached an agreement that would see the retail-focused REIT secure complete ownership in the Georgian Mall in Barrie and Oakville Place in Oakville, according to court documents. 

Simons opens at Toronto's Eaton Centre

Simons opens the doors of its new store in the Eaton Centre today, the chain's second in Toronto, with a surface area of ​​112,000 sq. ft . spread over three floors. The two Toronto stores represent a roughly $100M investment.

JD Sports opens flagship store in downtown Montreal

British retail giant JD Sports is set to open its first flagship store in downtown Montreal. In June, company management indicated its intention to continue rapid expansion across the country, adding 17 more stores before the end of 2026.

iPro missing money went to lakeside home renos: lawsuit

Former managers at iPro Realty, which Ontario’s real estate regulator shuttered after more than $10.5 million disappeared from trust accounts, say they know where some of the money went.

HIVE Digital completes acquisition of 7.2 MW data centre

Digital infrastructure company HIVE Digital Technologies Ltd. (HIVE-X) has announced the successful acquisition of a 7.2 megawatt data centre in Toronto, through its wholly owned subsidiary, BUZZ High Performance Computing.

New shadowing guidelines for downtown Vancouver approved

Vancouver City Council has unanimously approved its staff’s policy package of planning reforms aimed at streamlining development approvals in the downtown Vancouver peninsula, while balancing building shadowing considerations on public spaces deemed to be important.

Real estate podcasts

Andrew Duncan, RioCan: Retail's return and rise, CRE Library
Sandy Shindleman, Shindico: Building a $2.7B RE powerhouse, CRE Podcast
Who really wins with return-to-office mandates, Missing Middle

GSK announces $1.2B investment in new U.S. manufacturing

GSK plc announced Wednesday it will invest roughly US$1.2B to build a new facility for pharmaceutical manufacturing and research and development in Upper Merion, Pa., as well as to upgrade existing manufacturing facilities in four states. 

Kennedy Wilson to acquire Toll Brothers’ Apartment Living platform for $347M

Kennedy Wilson plans to acquire Toll Brothers’ interests in a portfolio of stabilized and in-development apartment and student housing properties for US$347 million. The transaction will bring over US$5B of assets under Kennedy Wilson management.

Single-tenant retail is back in favour in U.S.

The single-tenant net-lease retail market has started making inroads with investors. While facing stores closures and uneven performance across subsectors, the market saw an increase in sales during the first half of 2025 compared to the previous six months.

Conversant makes $1.4 billion bet on London offices bouncing back

New Jersey-based Conversant Capital LLC is calling the bottom of London’s office market, the latest sign U.S. investors are returning to the city after being spooked by the pandemic and higher interest rates.

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