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CPP Investments sells Toronto HQ to Infrastructure Ontario for $145M
CPP Investments sells 2-building Toronto HQ for $145M
Canada’s largest pension fund, CPP Investments, has completed the sale of its two-building office complex at 1 Queen St. E. and 20 Richmond St. E. in downtown Toronto, after putting the property on the market over a year ago.
Lark co-launches new student housing building in Surrey
The pain felt by Canada’s universities and colleges prompted by the reduction in international students isn’t stopping a group of organizations from building a massive student housing building in Surrey.
B.C. leads Canada in rent decreases
A new report from Rentals.ca reveals that asking rents for Vancouver apartments have dropped on a year-over-year basis for 30 consecutive months. B.C. is also the province with the largest apartment rent decreases in the past year.
Developer plans hotel conversion for Victoria office building
Reliance Properties is taking another run at redeveloping the art-deco-style B.C. Power Commission building. Plans have been submitted for a heritage alteration permit to convert the landmark building to a 126-room hotel.
$178M for stalled GTA rental project a ‘bailout’?
As housing developments across the province falter, the province is using its newly formed Building Ontario Fund to invest up to $178M in one that will deliver 1,700 rental units near the Scarborough Go Station.
Tall rental infill towers proposed at Bathurst-Steeles
A major apartment infill proposal has been submitted for 6200 Bathurst St. near Steeles Ave. W. Designed by Wallman Architects for Cromwell Property Management, the plans are significantly taller and denser than surrounding proposals.
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'Villages' plan targets 17 Van. areas for multiplex housing
Vancouver is advancing a citywide plan to create 17 enhanced commercial high streets linked to lowrise residential areas. If approved, more than 13,000 properties would be prezoned for four- to six-storey multifamily and mixed-use buildings with wider sidewalks and patios.
Shimmering Forma project takes shape in the skyline
There's a glittering new behemoth rising on King St. W. in Toronto. Forma, from Great Gulf, Dream Unlimited and Westdale Properties, was conceived as a two-tower project but only the 73-storey east tower is currently under construction.
GTA facility housing ultra-powerful supercomputer
Somewhere in the GTA, nestled in a nondescript building, is one of Canada’s most powerful supercomputers. Its location is not advertised, due to security concerns, and because it is home to close to $200M worth of chips and hardware.
Supremex announces acquisition of Goldrich Printpak
Supremex Inc., a growing provider of paper-based packaging solutions and a manufacturer and marketer of envelopes, announced the acquisition of all of the outstanding shares of Goldrich Printpak Inc., a provider of folding carton packaging solutions located in the GTA.
FMS Capital buys five Ontario self-storage properties
FMS Capital Trust has completed its acquisition of five self-storage facilities in Southern Ontario. The properties, located in Grimsby, Niagara Falls, Keswick and Port Perry, expand the trust’s growing self-storage platform and strengthen its presence across the region.
New strip mall for Winnipeg’s North Kildonan
Construction of a 16,000-square-foot shopping centre in Winnipeg’s North Kildonan is expected to finish next month. The development, featuring a dental clinic, grocery store and pizza shop, is more than 60 per cent leased and replaces former commercial and residential properties.
Yellowknife’s hotel crunch exposes dev. challenges
In Yellowknife, N.W.T., where tourists increasingly flock, locals say hotel rooms can be hard to come by. Yet despite years of strong occupancy rates and rising room prices, steep development costs have limited new hotel development.
DAVIDsTEA opens in Oshawa as expansion continues
DAVIDsTEA has returned to Durham Region with a new store at Oshawa Centre, re-establishing its presence in a market that the company says has been eager for the brand’s return as it accelerates a broader store expansion strategy across Canada.
Retail an outlier as labour market rebounds
Canadian retailers continue to open stores, expand into new markets and invest in major projects. Yet the industry’s employment picture tells a different story. Wholesale and retail trade lost 35,000 jobs in May even as other sectors recorded gains.
Developers remain on sidelines of NYC's $9B 'Valley of Ashes'
In the coming years, investors and developers are expected to pour at least US$9B — roughly 30 per cent more than the entire New York Police Department budget — into three projects in the neighbourhood that the Mets call home.
AI is filling office towers. It's also likely to empty them
The tech sector is driving a selective rebound in U.S. office leasing, concentrated in top-tier buildings in a few markets. AI-focused firms are expanding in premium space even as major tech companies cut jobs, reflecting shifting workplace dynamics.
N.Y. summer camp charging $16,750 files for bankruptcy
Simad Holdings, operator of youth sleep-away camps in the Northeast, including a popular retreat in New York’s Catskill Mountains charging US$16,750 for the summer season, has filed for bankruptcy.
Philippines’ PLDT seeks up to $400M from REIT listing
Top Philippine telecoms firm PLDT Inc. plans to raise between US$300 million and US$400 million from the listing of a real estate investment trust for its data centre business amid a global wave of investor interest.
Industry Events
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Canadian Apartment Investment Conference
Sep 09 2026
Metro Toronto Convention Centre, North -
RealREIT
Sep 16 2026
Metro Toronto Convention Centre, North -
Winnipeg Real Estate Forum
Sep 17 2026
RBC Convention Centre, MB -
Québec City Real Estate Forum
Sep 29 2026
Québec City Convention Centre -
Ottawa Real Estate Forum
Oct 20 2026
Rogers Centre, Ottawa
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