LocationsRecent Articles
Prologis has 6M-sq.-ft. pipeline of GTA industrial developments
Prologis has 6M-sq.-ft. pipeline of GTA industrial development
Prologis has become a major player since reaching north from its U.S. base and entering the GTA industrial real estate market 20 years ago. Its growth in Canada continues, with millions of square feet in its development pipeline.
AIMCo acquires $129M Montreal portfolio from Pure Industrial
Alberta Investment Management Co. (AIMCO) has acquired a five-building industrial portfolio in Greater Montreal for approximately $129.2 million. The buildings are located in the Lachine and Dorval areas and comprise approximately 455,000 square feet.
Quayside Phase 1 gets green light from Toronto council
The Quayside project is a joint initiative between Waterfront Toronto, Dream and Great Gulf, and the first phase will see four buildings ranging from 12 to 70 storeys brought to the site, as well as 458 affordable rental units.
Capital gains tax changes spurred record CRE sales in June
A surge in commercial real estate activity last month is being attributed to recent changes in capital gains taxes. According to Colliers Canada, the changes prompted a wave of asset sales as owners rushed to divest before changes took effect.
Retail foot traffic rises, driven by population growth
A recent report by commercial real estate firm Colliers indicates foot traffic in Canada is rising for most merchants, both month-over-month and since the beginning of 2024. Sectors like low-cost mass market retailers are benefitting.
 | North American Steel Square vs. cube: Maximize storage & cut costs efficientlyMaximize storage with less space by moving to modern facilities. Older buildings with low ceilings are less efficient. Embrace taller racking systems for cost savings, improved productivity, and sustainability. Achieve significant annual savings and operational enhancements by modernizing storage solutions. Sponsored by: North American Steel |
Fiera gets downgrade to 'underperform'
Fiera Capital Corp. shares have been on a surge this year, but a National Bank of Canada analyst argues the stock has little upside remaining. Jaeme Gloyn downgraded the Montreal-based asset manager to underperform.
Investment steady in ICI construction: OCS
A recent economic report by the Ontario Construction Secretariat (OCS) revealed investment in ICI building construction grew 0.7 per cent from April to May and was up 5.9 per cent year-over-year. Increases were very mild across the board.
BCi agrees to sell majority stake in Hayfin
British Columbia Investment Management Corporation (BCi), one of Canada’s largest institutional investors, announced it has entered into an agreement with private investment firm Arctos Partners to sell its majority stake in Hayfin Capital Management, a European-focused alternative asset management firm.
Colliers completes acquisition of Englobe
Global diversified professional services and investment management company, Colliers (CIGI-T), has completed its previously announced acquisition of a controlling interest of Englobe Corporation, a Canadian multi-discipline engineering, environmental and inspection services firm.
Shareholders approve Park Lawn going private transaction
Shareholders of Park Lawn Corporation (PLC.T) have approved a plan of arrangement to be taken private involving Viridian Acquisition Inc., a wholly-owned subsidiary of Viridian Holdings LP, a limited partnership collectively owned by Homesteaders Life Company and certain funds.
Firm behind two-tower Barrhaven proposal says it’s ‘on track’
The developer behind a plan to build two residential highrises that would dramatically alter Barrhaven’s skyline says it’s confident the proposal will win support. The project would feature 26- and 35-storey towers with nearly 600 rental units.
West Vancouver seeks extension to B.C. bylaw ultimatum
Last Thursday, B.C. Minister of Housing Ravi Kahlon sent a formal notice to the mayor and council of the District of West Vancouver warning the municipal government to align its bylaws with provincial government directives.
East Vancouver street braces for Broadway Plan onslaught
OPINION - It’s a charming residential street — just one of those being shaken by Vancouver’s Broadway Plan. A three-block stretch of character homes, it exemplifies the “missing middle” housing politicians say they want. It's bracing for at least four proposed towers.
$30M more needed to have PNE Amphitheatre ready for 2026
The City of Vancouver has eyed a new amphitheatre since the 2010 creation of the PNE/Hastings Park master plan. In 2021, council approved the project and a preliminary cost estimate of $70 million, based on completion by 2026
Province announces $5.8B for BC Hydro over the next decade
The British Columbia provincial government announced $5.8 billion over 10 years in capital spending for BC hydro's electricity infrastructure. Elected officials and BC Hydro staff gathered at Vernon’s substation to announce the funding this week.
Cousins REIT bets on office market, eyes new investments
After seeing its office occupancy boosted by continued demand for “lifestyle space,” Cousins Properties plans to deploy fresh capital for high-quality office assets. The Atlanta-based development and landlord REIT has one of the largest Sun Belt office portfolios.
Risky bet on U.S. office towers becomes debacle in South Korea
South Korean investors — eager for a slice of the world's biggest commercial property market — bet big on riskier loans for office buildings from New York to Los Angeles. Now investors trying to pull back are taking a massive hit.
Europe property funds near reckoning as €12 billion gets pulled
Open-ended property funds in Europe, which oversee €166 billion in assets, face a dilemma. With office buildings out of favour, one of the few ways to meet redemptions is to sell other, more attractive assets.
Investors circle £930M U.K. property trust
A listed U.K. property trust undertaking a strategic review said it has received offers from outside investors to buy the company. Balanced Commercial Property Trust has a portfolio value of £928 million.
Industry Events
-
Canada Real Estate Auctions
Dec 01 2024
to Dec 31 2024
-
Global Property Market
Dec 03 2024
Metro Toronto Convention Centre, South Building
-
Toronto Real Estate Forum
Dec 04 2024
to Dec 05 2024
Metro Toronto Convention Centre, South Building
-
Quebec Apartment Investment Conference
Feb 19 2025
Palais des congrès de Montréal
-
RealCapital
Feb 25 2025
Metro Toronto Convention Centre, North Building
-
MIPIM: The Global Urban Festival
Mar 11 2025
to Mar 14 2025
Palais des Festivals, Cannes, France
Follow us on Social Media
Follow RENX on your favorite social media platform for news delivered to your feed.
Locations
