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KingSett, Candev acquire 5 Montreal industrial properties
KingSett, Candev acquire 5 Montreal industrial properties
A joint venture involving KingSett Capital and Candev has acquired a portfolio of five industrial buildings in three properties in the Montreal borough of Saint-Leonard from Groupe Petra. The properties are all small-bay, multi-tenant facilities.
Pier 4's strategy: Value-add multires in secondary markets
Multifamily housing in smaller communities is an excellent buying opportunity which should continue to grow in value, says the CEO of Pier 4 REIT, which has been busy acquiring these types of properties over the past few months.
Damage from natural disasters hit record $8.5B in 2024
Insured damage from severe weather events in Canada hit a record $8.5-billion last year, a warning bell that certain regions in the country may be at risk of becoming uninsurable, an industry association says.
Montreal waterfront area gets a billion-dollar transformation
Announced in December, Quartier Molson – the nearly six-million-square-foot mixed-use residential and commercial enclave – will be built on the site of the former Molson Brewery, transforming the area between Montreal’s Old Port and the Jacques Cartier Bridge.
Vancouver law firms stick to traditional office spaces: report
While many industries have adapted to hybrid work arrangements by eliminating single-employee workstations and investing in communal spaces, some Vancouver law firms are sticking to traditional official layouts to attract talent.
 | Trez Capital Commercial real estate in Canada 2025: Opportunities in a changing policy environmentThe Canadian economy and real estate markets shifted significantly over the course of 2024, driven by the Bank of Canada charting the most aggressive course of rate cutting among major central banks. Sponsored by: Trez Capital |
Hoping for another housing boom? It could be years
Prices soared during the pandemic housing boom, but it could be years before they return to those levels. BMO forecasts, even with a stable economy, wage growth and neutral interest rates, home prices won’t return to 2022 levels until 2029.
Toronto condo prices expected to continue to fall in 2025
A deflating, bubble-like Toronto condo market spells more bad news for investors and developers as prices for unsold units are projected to continue to slide in 2025, according to data from Bullpen Research & Consulting.
Canadian hotel industry is swiftly bouncing back
The hotel industry is steadily making its way back from the disastrous pandemic years in which revenues plummeted by an estimated 80 per cent. In cities like Vancouver, the challenge of meeting rising demand has become a hot topic.
MEC said to be up for sale for second time in five years
The Vancouver-based company originally known as Mountain Equipment Co-op, later truncated to MEC, is said to be up for sale for the second time in five years. The outdoor gear retailer's website lists 26 locations across Canada.
Black Friday was busiest holiday shopping day in Canada
New data says Black Friday was the busiest shopping day of the 2024 holiday season in Canada, regaining the top spot after recent years have been dominated by pre-Christmas shopping.
Lululemon regains momentum on strong holiday sales
Lululemon Athletica Inc. (LULU-Q) expects fourth quarter sales to surpass the market’s expectations, showing the upscale activewear brand is fending off upstart competitors and slower growth in consumer spending.
Canada’s Top100 projects drive $300B in investment
The Top100 Projects Report showcases the largest public sector infrastructure projects under development across the nation, representing a staggering $300 billion in investment. These transformative projects are not just feats of engineering — they are critical pillars of Canada’s economy.
Nine towers proposed for South Etobicoke
An official plan amendment application proposes transforming a commercial site in an industrial and commercial area in South Etobicoke. The proposal, from Rinomato Group of Companies, would introduce multiple mixed-use buildings ranging from 12 to 42 storeys.
N.S. paper mill closes financing for $450M wind farm
A $450-million wind energy project being developed by the sister company of Nova Scotia-based Port Hawkesbury Paper will be powering its mill and providing clean electricity to the provincial grid.
BILD to recognize long-standing builders and developers
The Building Industry and Land Development Association (BILD) announced the launch of a new public-facing recognition program to identify builder and developer members that have been part of the association for at least 25 years.
Brookfield sells IOS portfolio for $277 million
Brookfield Asset Management (BN-T) has sold an industrial outdoor storage portfolio totalling 631,604 square feet for more than US$277 million. Realterm acquired the 13 properties located in seven key logistics markets in the U.S.
NYC office building sales double as more occupiers seize the moment
The commercial real estate sales market in New York City rebounded in a big way last year, with US$16.5B worth of properties trading hands, a 70 per cent increase from 2023, according to Avison Young data.
BXP lands major NYC lease renewal, expansion
BXP (BXP-N) has signed an approximately 246,000-square-foot, 20-year lease renewal and expansion with KnitWell Group at 7 Times Square in New York City. The lease covers the existing 191,000 square feet, plus two additional full floors.
These homes withstood the L.A. fires - architects explain why
More than 12,000 structures have been consumed by the wildfires raging across Los Angeles, many of them single-family homes that have stood for decades. But some houses with fire-resistant designs remained standing amid neighbourhoods of destruction.
Industry Events
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ICSC Whistler
Jan 26 2025
to Jan 28 2025
Fairmont Chateau Whistler
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Canada Real Estate Auctions
Feb 01 2025
to Dec 31 2025
Canada
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Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
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RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
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MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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