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Aspen Properties and Rohit Group acquire The District in Calgary

3 days ago

Aspen, Rohit Group acquire The District in Calgary

Calgary-based Aspen Properties and Edmonton-based Rohit Group have made their second joint office acquisition in the past few months with the purchase of The District, a 360,000-square-foot mixed-use campus in the heart of Calgary’s Beltline neighbourhood.

Lender blocks developer’s discounted sale of 23 condos

A numbered company entered into an agreement with Westbank in October 2025 to buy 23 completed but unsold condos at Sanctuary – a 158-unit luxury condo project in West Vancouver – for $30 million.

B.C. sees development of space for life-sciences sector

British Columbia’s growing life-sciences sector is creating a new commercial real estate opportunity, but the specialized requirements of biotech companies mean developers face a different and more complex building challenge than conventional office or industrial developments.

KingSett lists two downtown Toronto office towers

Two high-profile downtown Toronto office towers have hit the market. The listings include 8 King St. E., a 21-storey tower, and 18 King St. E., an 18-storey tower, according to new real estate listings.

Englobe opens new head office in Montréal

Englobe, a Canadian engineering and environmental services firm, has announced the official opening of its new head office at Place Ville Marie in downtown Montreal. This landmark location reflects the organization's rapid evolution.

Inherited racking: Asset or liability?

Existing racking can cut weeks and dollars from a move-in. It can also bring damage, missing documentation and code problems that become the new occupant's responsibility. Here is how to tell the difference.

Sponsored by: North American Steel

Ontario invests $100M for Trent University residences

The provincial investment is part of a $384 million financing package for Gidigaa Migizi College and a new Otonabee College residence at Trent University in Peterborough, Ont. Completion is expected in 2029.

Metro Vancouver leads in new luxury store openings

Metro Vancouver has emerged as North America’s leading market for new luxury store openings, fuelled by the spring 2026 opening of Oakridge Park, according to a recent report from commercial real estate firm JLL.

Neighbourly Pharmacy acquires ten more pharmacies

Neighbourly Pharmacy Inc., Canada's largest and fastest-growing network of independent pharmacies, announced today it has acquired ten additional pharmacies across Canada in multiple transactions, bringing its national footprint to 342 pharmacies.

Square One reshapes retail mix with new tenants

Square One Shopping Centre in Mississauga is seeing a significant round of leasing activity, with Tiffany & Co. preparing a standalone boutique, Rolex expanding into a substantially larger location, and several international and large-format retailers opening at the two-million-square-foot property.

Saint John residents concerned about 2nd large data centre

The Government of New Brunswick is in talks to potentially bring a second large-scale data centre to Saint John, sparking concern from Lorneville residents already opposed to a project slated for a nearby industrial park.

First homes completed at Prudhomme’s Landing project

The first residents of Silvergate Homes's new Prudhomme’s Landing development in Lincoln, Ont., are expected to settle into their homes by the end of the year. The project plans call for 3,800 residential units in total accross several formats.

Quebec developer plans 3D-printed home in Abitibi

Is it possible to "print" a house with a 3D printer? The Innovative Group for Sustainable Building Printing plans to deliver its first 3D-printed residential building in the summer of 2027: a six-unit building in Amos, Que.

Multifamily's days as CRE's 'golden child' are over

Just a few years ago, U.S. real estate investors were salivating over apartment buildings as rents increased at a historic pace. But as persistent oversupply collides with the latest surge in borrowing costs, multifamily is out of favour.

Hedge fund breaks NYC record with office lease

There is a new record holder for the most expensive office lease in NYC history. Castle Hook Partners agreed to pay US$375 per square foot for the two-story penthouse atop Related Cos.' upcoming Madison Ave. trophy office tower.

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