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Mississauga’s M City keeps growing, 81-storey M3 tops off

5 days ago

Mississauga’s M City keeps growing, 81-storey M3 tops off

As the towering 81-storey M3 highrise is topped off at the M City development in downtown Mississauga, two additional towers remain under construction and planning continues for three others.

Fusion Homes takes next step with Guelph Innovation District

Fusion Homes’ block plan for the Guelph Innovation District, in the southwestern Ontario city of about 140,000 people, has been endorsed by council. If all goes well, Fusion hopes to begin Phase 1 site work late in 2026.

Metro Vancouver's glut of empty condos

Investors have fled the Metro Vancouver new condo market, leaving piles of empty and unsold units. And those looking to buy a home to live in aren’t interested in these condos because they’re too pricey, too small or both.

AI helping commercial property owners beat tariffs: Deloitte

Canadian commercial real estate owners, hit by tariffs directly and indirectly, can use artificial intelligence to “future-proof” their assets in a tough market, according to a Deloitte LLP report.

Developers get creative with community offerings

OPINION: In a slow-moving market where buyers and renters have options, some developers are focusing on the overall vibe of the places they are creating. Those who understand the mood are getting creative with curated retail and restaurant offerings.

Modular housing industry may not be up to gov't ambitions

Its proponents argue that modular housing can be delivered to market comparatively quickly and cost effectively. Yet many in the sector say Canada’s modular and prefabricated home industry is ill-prepared to do what the government is asking of it. 

The end of fragmented real estate: Why integration wins

Nick Dauphinee discusses the transitions from fragmented real estate models toward collective strategies that may improve efficiency and outcomes for occupiers.

Sponsored by: Colliers Canada Brokerage

Waterfront Toronto goes big on housing and urban design

The waves are coming back in at Quayside. This 12-acre site in Toronto’s Port Lands will see construction begin next year on its western portion, in a development that will soon deliver 1,100 market-rental apartments and 550 affordable rentals.

A $22-million failure for Metro's distribution centre

The outage affecting Metro's frozen food distribution centre in Toronto, which shut down last month, will have an after-tax impact of $22M. The facility is completely paralyzed due to a "mechanical problem in the refrigeration system," according to Metro.

Spirit Halloween makes retail vacancies less of a nightmare

The most frightening thing for a commercial real estate company is a large, empty unit it's dying to fill, lest it be haunted by the vacancy for months or years to come.

MTY Food Group is hungry for acquisitions

The chief executive of MTY Food Group Inc. (MTY-T) says his company has the appetite for acquisitions but hasn’t seen anything it feels compelled to gobble up lately. Montreal-based MTY already has an extensive portfolio of fast-food and restaurant brands.

How an old cereal factory became a world-class destination

The vision of a pair of London, Ont. entrepreneurial families – the McLaughlins and the Leaches, operating as The Cribbage Group – and an injection of more than $100M have tranformed a derelict, five-storey former cereal manufacturing plant.

Parkland-Sunoco deal receives ICA approval

Parkland Corp. (PKI-T) says the federal government has granted Investment Canada Act (ICA) approval for Sunoco LP’s proposed takeover of the company. The company says the transaction is expected to close in the fourth quarter of this year,

Laganière sues Montreal East for $17.6 million

The Laganière Group is going on the offensive by filing a $17.6 million lawsuit against Montreal East. The company accuses the city of preventing it from developing the site it purchased from Shell and thereby undermining its value.

Mortgage, commercial loan demand boosts credit unions

Credit unions in Ontario saw a growth in assets in the first quarter of 2025 largely due to a spike in demand for mortgages and commercial loans, according to the province’s financial regulator.

Would you go to Canada Post for your mortgage?

In the thick of the labour dispute between Canada Post and the Canadian Union of Postal Workers (CUPW), a decades-old debate concerning the future of post offices across the country has once again taken the stage: Should Canada Post enter the banking business?

Brookfield to acquire remaining Oaktree stake for $3 billion

Brookfield will acquire the remaining parts of distressed-debt specialist Oaktree Capital Management it doesn’t already own, adding further heft to its credit business that’s emerged as a key driver of growth in recent years.

Nuveen's new global real estate chief shifts $140B firm's strategy

Chad Phillips was named global head of real estate for Nuveen in March, taking the helm of the third-largest institutional owner of private real estate in the world amid a moment of upheaval in the marketplace.

Blackstone swaps $1.3 billion portfolio for 9% Tritax stake

Blackstone has agreed to sell a portfolio of U.K. warehouses valued at US$1.3 billion (£1 billion) to Tritax Big Box REIT Plc in a deal that will hand the alternative asset manager a stake in the landlord.

Costly London office refurbs push Chinese owners toward exit

Gingko Tree Investment, which is backed by the Chinese government, is considering pulling out of a prime piece of commercial real estate in London to avoid taking on a costly refurbishment, according to people familiar with the matter.

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