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Major transactions, projects continue as CF overhauls portfolio: CEO

1 day ago

Major transactions, projects as CF overhauls portfolio: CEO

EXCLUSIVE: Acquisitions, dispositions and developments that drove Cadillac Fairview’s asset diversification strategy over the past two years are continuing in 2026, according to president and chief executive officer Sal Iacono.

The Top-15 Canadian CRE transactions of 2025

QuadReal Property Group’s sale of its reimagined The Post office and commercial complex in Vancouver was by far the most significant commercial real estate transaction by dollar value in Canada in 2025.

Bridle Path’s first condo build in 20 years just broke ground

Toronto’s most luxurious neighbourhood is getting its first condo project in more than 20 years. The Bridle Path, famous for its multimillion-dollar mansions for Toronto’s rich and famous, will soon have a 62-unit luxury condo project on Post Road.

Canada sees institutional investment uptick

Institutional investment in CRE began to rebound last year and is projected to keep ticking up in 2026. JLL reports institutional investors — fund managers, pension funds, REITs and foreign investors — deployed nearly $15 billion toward Canadian assets in 2025.

Where tenant retention is increasingly won or lost

As occupier expectations evolve, landscape programs are shifting from sustainability signals to strategic tools that support engagement, satisfaction and long-term asset competitiveness.

Sponsored by: Strathmore

Montreal Eaton Centre unveils Les Terrasses food hall

Montreal Eaton Centre has announced the opening of Les Terrasses, a new culinary destination in the heart of downtown Montréal. It was designed as a tribute to the iconic shopping complex that once stood at 705 Sainte-Catherine St. W.

Foodtastic adds Central Social Hall to its portfolio

Foodtastic, a leading Canadian restaurant franchisor with a portfolio of 1,200 establishments, has acquired Central Social Hall, an Edmonton-based premium casual dining and social hall brand. Central Social Hall has two locations in Edmonton.

Accurso sells his private estate for over $23 million

Still under the shadow of his corruption conviction, former construction magnate Tony Accurso has sold his private estate in Deux-Montagnes, in the northern suburbs of Montreal, for a little over $23 million to two owners of Habitations Trigone.

Only 269 new homes sold in January in Toronto area

The Toronto-area home-building industry is reporting its worst January on record dating back to 1981, with just 269 new homes sold last month, following its worst year on record in 2025.

First occupancies set for The Residences at Central Park

As construction continues across Amexon Development Corp.’s 12-acre masterplanned community The Residences at Central Park at Leslie Street and Sheppard Avenue East, the first occupancies in Phase 1 are scheduled for the end of March.

Onni advances Surrey master plan project with 2,700+ units

With multiple sprawling master-planned communities already underway, Vancouver-based developer Onni Group is now embarking on a new multi-phased project in the Whalley neighbourhood of Surrey that is expected to unfold across more than 30 years.

'Bigger is better' for Halifax developers right now

Halifax’s skyline is changing faster than most can keep up with. Midrise and highrise buildings are going up along major corridors and on the peninsula, reshaping neighbourhoods that typically didn’t grow upward.

Dalhousie to build $67M apartment-style residence

Dalhousie University is trying to create its own solution to the housing crush for students in peninsular Halifax. The south-end school announced plans to begin summer construction on an on-campus complex that will provide 213 more beds for Dal students.

Two 8-storey rental buildings proposed for Burlington

A vacant Burlington property once envisioned as a large commercial shopping area is now the site of a proposed purpose-built rental residential project. Emshih Developments Inc. proposes two eight-storey buildings, with 151 and 124 apartment units.

Former dental school could become highrise development

A historic Toronto building near Casa Loma, formerly used as a dental school by George Brown College, is up for sale – and could become a towering new development.

Affinius Capital-led group to buy Veris Residential for $3.4B

Within months of investors pressuring Veris Residential to list, the REIT has found a buyer. A group led by Affinius Capital has agreed to pay US$19 per share in an all-cash transaction that could take Veris private. 

Lenders file $940M foreclosure suit against SL Green, RXR

New combatants have entered the fight over control of Worldwide Plaza, one of Manhattan's most prominent distressed office buildings. Goldman Sachs and Deutsche Bank, along with the trustee representing bondholders of Worldwide Plaza's $705M CMBS loan, filed two lawsuits Friday.

CRE braces for tariff whiplash after Supreme Court ruling

Commercial real estate’s collective sigh of relief after the Supreme Court’s decision to strike down a portion of President Donald Trump’s tariffs was swiftly followed with a sharp inhale, as the industry realized it was entering a new era of uncertainty. 

Private equity ratchets up big bet on London office refurbs

Private equity cash has emerged as a rapidly growing force in reshaping the look of London’s offices, more than tripling its footprint over the past three years to 13 per cent of the total, according to data obtained by Bloomberg.

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