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New tower begins to rise at Vaughan Metropolitan Centre
New tower begins to rise at Vaughan Metropolitan Centre
Menkes Developments Ltd. and QuadReal Property Group have broken ground on the East Tower at Bravo, the latest high-rise to be launched in the quickly growing Vaughan Metropolitan Centre (VMC) just north of Toronto.
Minto Group sets sights on Canadian housing crisis
ANALYSIS: Ottawa-based developer Minto Group (MI-UN-T) has come up with a set of compelling answers to Canada's housing crisis including leaning in to a lucrative side hustle in the U.S. involving active-senior developments and branding by an A-list celebrity.
CN Rail hub construction can continue — for now
The Federal Court of Appeal says work on a massive rail-and-truck hub in the Greater Toronto Area can go ahead — for the time being, as the future of the facility remains in limbo.
Office vacancy crisis an incredible real estate opportunity
OPINION: For a crop of businesses and institutions that never used to be able to afford a downtown address, there may be the opportunity to move from the suburbs to the centre of the action.
 | North American Steel Why transition to an automated storage system?Discover the pivotal moment for industrial clients to shift to automated storage. From increased efficiency and optimized space to cost and labour reductions, explore the strategic benefits of embracing advanced pallet retrieval systems in warehouse operations. Sponsored by: North American Steel |
Virtus Diversified REIT acquires Manitoba Walmart
Virtus Capital Corporation, the asset manager of Virtus Diversified REIT, announced the acquisition of a free-standing Walmart tenanted property at 100 Manitoba 10 located in Flin Flon, Man., for $3.95 million.
Longo's to open fifth grocery store in Mississauga
Southern Ontario grocer Longo’s is opening the doors to its 39th store on Wednesday. The store, located at 2975 Argentia Rd., will be the Empire-owned grocer’s fifth in Mississauga.
Calgary's Bow Valley College eyes expansion
Bow Valley College has a huge presence in the downtown, with two large campus buildings. However, president and CEO Misheck Mwaba says an additional 300,000 square feet of space could be put to good use.
Béton acquires concrete and cement assets from CRH
Béton Provincial Ltée, the largest Canadian-owned company in the concrete and cement industry, has concluded a transaction with CRH Canada Group Inc., involving the acquisition of numerous assets located in Quebec, Newfoundland and Labrador, and the state of New York.
Prologis facility built on ex-radioactive waste site
A little-known former radioactive waste site in Toronto sat undisturbed for almost three decades before Prologis acquired the site for redevelopment, constructing what is now known as the Prologis Tapscott Distribution Centre, which wrapped up construction in 2022.
Orillia’s development charges reserve $22M in deficit
Due to the impacts of Bill 23, pre-spending on infrastructure and other factors, Orillia’s development charges reserve fund currently sits at negative $22 million — though city staff say the reserve should be back in a positive position between 2030-2032.
Reid's Heritage Homes integrates housing divisions
Housing construction management firm Reid’s Heritage Construction is now operating under the Reid’s Heritage Homes umbrella, as both are now owned by Tim and Charlotte Blevins. The company builds about 1,000 homes annually across Ontario's Greater Golden Horseshoe region.
High-rise, student residence proposed in downtown Brampton
In downtown Brampton, a 48-storey mixed-use Graziani + Corazza Architects-designed tower is proposed by Amdev Property Group and TRIAGE Development Corp. Across the street, Algoma University and Greenwin propose an 11-storey student residence.
Tree lawsuit could halt West Van. rental project
West Vancouver faces a legal challenge over five mature trees that could see a development permit for Larco's rental building quashed. In March 2023, council voted to allow 201 rental apartments in a six-storey building on the property.
How Body Shop Canada is coping under creditor protection
With an estimated US$85-million retail value worth of inventory stuck in a U.S. distribution centre, The Body Shop Canada Ltd. stores that remain after a recent spate of closings are not doing business as usual.
Big-name funds pile into real estate debt
Some of the world's largest investors, including Canada's Brookfield (BN.TO) and QuadReal, are making deeper inroads into CRE lending as they snap up market share from retreating banks and bet on an end to the sharp drops in prices.
Blackstone to buy U.K., U.S. loan book from German lender
Blackstone is in talks to buy a billion-dollar portfolio of loans from German lender Deutsche Pfandbriefbank. The portfolio comprises senior performing loans, split roughly equally between the U.S. and U.K., React News reported.
Interest rate uncertainty takes toll on U.S. REITs
Dimmed expectations for when the Fed may cut rates took its toll on U.S. REITs, with the FTSE Nareit All Equity Index seeing total returns fall 7.91 per cent in April. That pushed the year-to-date number to -9.11 per cent.
Hotels took adaptive reuse crown In 2023
Former hotels undergoing adaptive reuse projects hit an all-time high across the U.S. at 4,556 units converted last year, according to a new report by RentCafe. Residential conversions were up 17.6 per cent.
Industry Events
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Canada Real Estate Auctions
Dec 01 2024
to Dec 31 2024
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Global Property Market
Dec 03 2024
Metro Toronto Convention Centre, South Building
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Toronto Real Estate Forum
Dec 04 2024
to Dec 05 2024
Metro Toronto Convention Centre, South Building
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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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