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Killam grows revenues, CEO 'very pleased' with Q2 financials
Killam grows revenues, CEO 'very pleased' with Q2 financials
Killam Apartment REIT (KMP-UN-T) president and CEO Philip Fraser was able to report healthy increases in net operating income and same-property revenues during the trust's Q2 financials call with investors and analysts, in addition to lower overall debt levels.
CentreCourt to join Dream JV to co-develop 49 Ontario St.
UPDATED WITH NEW DETAILS: Dream Unlimited Corp. (DRM-T) has found its partner to co-develop a two-tower multifamily project at 49 Ontario St., in Toronto, announcing CentreCourt will enter the joint venture. Construction is to begin before the end of the year.
Ottawa Senators, NCC agree on LeBreton Flats sale
The Ottawa Senators and the National Capital Commission announced on Monday that they have reached an agreement for the purchase and sale of land parcels totalling approximately 11 acres at LeBreton Flats.
Hudson’s Bay lease sale may negatively impact OMERS
The real estate investment arm of one of the country’s largest pension funds is worried about the value of its assets if a B.C. billionaire is able to buy Hudson’s Bay leases at its properties.
Mayor asks feds to fast-track Prairie Economic Gateway
Calgary's mayor wants Prime Minister Mark Carney to designate proposed Prairie Economic Gateway as a project of national interest in order to get the industrial hub built faster. Jyoti Gondek says the project meets the qualifications for the designation.
Federal program supports commercial property retrofits
A $100-million partnership between the Canada Infrastructure Bank and Scotiabank aims to help owners retrofit small and mid-sized commercial buildings to make them more energy efficient and climate resilient, signalling a push toward upgrading Canada’s aging inventory.
 | Cities of the Future Management The Montréal of the Future® 2025 exhibitionCities of the Future Management is pleased to present the ninth biennial edition of the architectural and urban development event entitled THE MONTREAL OF THE FUTURE® at the World Trade Centre of Montreal, from September 24 to 29, 2025. Sponsored by: Cities of the Future Management |
B.C. to appeal court ruling on FN rights to land south of Van.
B.C. is appealing the landmark decision of its Supreme Court that granted a group of First Nations on Vancouver Island title to riverside land in the mainland suburb of Richmond, saying the judgment raises questions about private-property rights.
Gov't launches consultation with developers on BCH
Ottawa is asking the development industry for input on how to design its new housing entity, Build Canada Homes (BCH). In a six-page document made public Monday, the Housing Ministry says BCH could act as a developer in varying capacities.
Fewer Toronto condos being built than CMHC data shows
Although Canada Mortgage and Housing Corp. data show condominium starts in the Toronto region are down significantly over the past year, statistics from industry groups paint an even grimmer picture.
CRE prompts and sustains economic activity
Property management and commercial brokerage services generated more than $160B worth of economic activity and underpinned more than 406,000 full-time jobs across the Canadian economy last year. That represents a significant chunk of CRE's broad economic impact.
Kainos proposes 32-storey tower in Kelowna
A mixed-use tower has once again been proposed for a stretch of Harvey Avenue in downtown Kelowna. An application for 430 Harvey Ave. outlines Kainos Development plans to build a 32-storey building called Gateway Tower.
Conestoga Mall announces several new store openings
Conestoga Mall is sharing some exciting news for the Waterloo region – three new retailers have opened in the shopping centre, Swatch, Kiokii and Levi’s. The Swatch and Kiokii stores are the first for the brands in the Waterloo Region.
Clutch open new flagship facility in B.C.
Clutch, Canada’s fastest-growing online car retailer, has announced the opening of its first West Coast facility at 5400 Minoru Blvd. in Richmond. The 30,500-square-foot location will support its rapidly growing vehicle acquisition operations across British Columbia.
Ontario Teachers’ CEO preaches caution after first-half gain
Ontario Teachers’ Pension Plan’s 2.1-per-cent return in the first half of the year was underpinned by a cautious stance toward risk-taking as privately owned assets struggled. The first-half returns added $6B of income to the fund.
Downtown Los Angeles could lose $70B in property value
Downtown Los Angeles's growing office vacancy issue is "a critical economic threat that the City can no longer afford to ignore," the Central City Association warns in a new study released by its nonprofit arm.
A $340M New York office makeover is converting boardrooms to bedrooms
An entire Midtown property, which once housed the St. John the Evangelist Church and Cathedral High School, will be deconstructed to make way for 420 luxury apartment rentals, of which 105 will be affordable units.
Investors ready to rev up $9B luxury RV real estate market
Investments are pouring into a new hospitality sector, seeking to capitalize on a trend to turn the dial on once-humble camping all the way to full-on luxury. Luxury RV campgrounds are drawing investor interest.
Shohei Ohtani accused of sabotaging $240M Hawaii luxury housing project
A Hawaii real estate investor and broker are suing Shohei Ohtani, claiming the Los Angeles Dodgers star and his agent got them fired from a US$240M luxury housing development on the Big Island’s coveted Hapuna Coast.
Industry Events
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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RealREIT
Sep 10 2025
Metro Toronto Convention Centre
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Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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Montréal du Futur
Sep 24 2025
to Sep 29 2025
World Trade Centre of Montreal
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