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Canada's housing market dealt with 'successive blows': Minto CEO

1 day ago

Housing market dealt with 'successive blows': Minto CEO

“The housing sector has dealt with a series of successive, almost concussive blows,” according to Minto Group CEO Michael Waters, who addressed those issues and some measures being taken to try and remedy them in an interview with RENX.

Brookfield buys Gregg Distributors for $1.6 billion

Brookfield Asset Management just made a $1.6-billion bet on the industrial gear that runs the West in Canada with the acquisition of Edmonton based Gregg Distributors LP. Gregg has 26 locations distributed across Alberta, B.C. and Saskatechewan.

Sleep Country expands to U.S. with Sleep Number buy

Sleep Country Canada is expanding into the U.S. market with the acquisition of Sleep Number following a court-supervised sale process. Documents filed in U.S. Bankruptcy Court say Sleep Country agreed to pay about US$702-million for the assets. 

Designing for more return per square foot

Carl Laffan
Architecture & Interiors | B.Arch BSc.ArchTech

Empire Co. to stop some property control measures

Sobeys’ parent company, Empire Co. said it will stop using a measure that can limit competing businesses from operating at specific locations. The move follows the Competition Bureau broadening its investigation into the grocer’s use of property controls last month.

Condo investor sues developer after B.C. bankruptcy

Behind the spectacular collapse in 2023 of Vancouver developer Coromandel Properties — leaving $700 million in debt spread over 16 properties — lies allegations of a massive fraud by Coromandel’s CEO against a Chinese investor he befriended.

Racking as a deal tool: How fixturing credits and OpEx financing are reshaping industrial leases

The newest incentive in industrial leasing isn't free rent. It's the steel inside the building. Learn why fixturing credits and OpEx financing are reshaping how landlords, brokers, and tenants structure their next deal.

Sponsored by: North American Steel

Pearson Airport advances $1.5B terminal upgrade

Officials at Toronto’s Pearson International Airport launched the second phase of a multi-billion dollar construction project on Tuesday. The $1.5B phase will focus on improving signage and increasing spaciousness in common passenger areas at Terminal 1 and 3.

Vacancy tightens as multifamily market steadies in Q2

Yardi has released the Canadian National Multifamily Report, recapping Q2 and highlighting a market that has stabilized as vacancy declined for the first time in more than two years and rent growth cooled to its slowest pace in five years.

Four-tower development advances in North Whitby

One of the larger intensification proposals in Whitby has received municipal approval following neighbourhood concern. NIGICO Holdings is proposing four mixed-use towers of 18 and 25 storeys, together with stacked and conventional townhouses, in Whitby's Pringle Creek neighbourhood.

Coppley Building transformation progressing in Hamilton

Hamilton’s Coppley Building redevelopment is progressing as Core Urban Inc. and Lintack Architects adapt two heritage structures in the core of the city. The project pairs an 1856 pre-Confederation limestone building with an adjoining 1911 red-brick industrial building.

High-end street-front retail investment coming to Calgary

Calgary’s retail market has entered the second half of 2026 with momentum, according to a Barclay Street report. Overall occupancy held firm at 97 per cent, while headlease vacancy ticked up modestly to three per cent from 2.9 per cent.

Wildfire liability is becoming a business risk in B.C.

OPINION: Wildfire risk is becoming a legal and governance challenge for B.C. businesses. It is no longer a background risk but a recurring operational, financial and legal challenge that is moving from the fire line to the courtroom.

U.S. company considers rail service on B.C. coast

Washington-based Columbia Rail says it is interested in taking over operation of a rail line between the B.C. Interior and Sea-to-Sky region. Columbia Rail has been looking into the viability of the corridor between Squamish and 100 Mile House.

Csquare misses IPO target as data centre skepticism grows

Csquare, backed by Brookfield, aimed to raise US$1.35B by selling 50 million shares at between US$23-$27 a pop. Its shares fetched US$21 each, potentially indicating lessening investor appetite for data centre infrastructure.

$70B quantum boom is building a new real estate sector

An emerging technology drawing billions of investment dollars from the likes of Amazon, Google and Microsoft is spurring a new real estate sector — and it isn’t AI. Quantum computing, once seen as a moon shot, is hurtling toward commercial viability.

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