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KingSett fund acquires 50% stake in CF Masonville Place

1 week ago

KingSett fund acquires 50% stake in CF Masonville Place

KingSett Capital has acquired a 50 per cent stake in the CF Masonville Place in London, Ont., which it calls a “dominant regional shopping centre” on behalf of the firm’s KingSett Growth LP8 Fund.

Montoni, Fonds kick off construction at Ecoparc Laval 15

Groupe Montoni and the Fonds immobilier de solidarité FTQ have launched construction of the first phase of their $325-million Écoparc Laval 15 industrial campus in the Greater Montreal city.

Global investors eyeing Canada: CPP Investments CEO

Canada is attracting new interest from the world’s largest investors and has a chance to grab a bigger share of foreign capital, but political and business leaders need to act quickly, the chief executive of Canada’s largest pension fund says.

How short-term thinking sparked a national housing crisis

All three levels of government play roles in the convoluted home-building process and take significant cuts along the way. They say they recognize Canada needs more homes, but housing industry executives and economists say there’s a long road ahead.

WestJet selects JLL as integrated facilities manager

JLL announced it has been selected by WestJet, Canada's second-largest air carrier, to provide facilities management services across a 1.9-million-square-foot portfolio that includes the airline's corporate headquarters in Calgary and 17 airport locations nationwide.

Rogers hits pause on seeking outside investors

Rogers Communications is slowing discussions with potential investors regarding the possible monetization of its sports assets, an executive told investors last week, while the company considers how best to capitalize on those holdings and ease pressure on its balance sheet.

InterRent receives ICA approval for takeover deal

InterRent Real Estate Investment Trust (IIP-UN-T) says it has received Investment Canada Act (ICA) approval for its deal to be acquired by a group including executive chair Mike McGahan and Singapore sovereign wealth fund GIC.

Five Irving Oil properties up for grabs in Saint John

Irving Oil is aiming to sell five uptown properties in Saint John, including a landmark building long associated with the business. The Golden Ball office building on Sydney Street and four mixed-use commercial buildings are listed with Cushman & Wakefield.

Mitchell continues building up Basecamp's hotel portfolio

In 2016, Sky Mitchell acquired land to build a hotel on Bow Valley Trail in Canmore, Alta. Today, her company Basecamp Resorts owns and operates 13 hotels, with a staff of 300 and has five properties under development.

B.C. cities, groups press for permanent housing roundtable

The British Columbia government's push to build more homes has created "chaos" within communities, and a collection of groups is calling for the creation of a roundtable of experts to lead housing policy in the province.

Supply skepticism makes tackling the housing crisis harder

Canada is in the midst of a severe housing shortage, yet some advocates argue that building more homes is not the answer. A few even claim the country has already built enough housing. 

An alleged mortgage fraud scheme in Ontario cottage country

For years, mortgage broker Sandy Sussman offered Torontonians a lucrative and seemingly safe way to invest in cottage country real estate. Now Sussman faces allegations of fraud and investors are scrambling to locate more than $100 million.

Student housing projects set for two B.C. colleges

An eight-storey, $145M building to house 350 students will become Kwantlen Polytechnic University’s first venture into on-campus student residences. Western Community College meanwhile, along with developer Lark Group, is building over 750 housing units for students

14-storey res. building proposed on Sheppard West in Toronto

A 14-storey residential building has been proposed at 283 Sheppard Ave. W. in Toronto’s Lansing-Westgate neighbourhood, where OTT Properties Inc. has submitted plans by RAW Design.

Single tower replaces two-tower plan in Thornhill

Sunfield Communities has filed a revised development application for 16 Glen Cameron Rd. on the Markham side of Thornhill, where a previous two-tower plan has been reworked into a single 55-storey residential tower designed by RAW Design.

Bringing Truth and Reconciliation to life

The Centre for Indigenous Laws at the University of Victoria opened in September, with the 26,000-sq.-ft. building setting a benchmark for how thoughtful design and construction can bring the truth and legacies of Indigenous peoples to life.

Blackstone adds $2.3 billion French deal to vast warehouse bet

Blackstone Inc. has agreed to acquire a $2.3 billion (€2 billion) portfolio of warehouses in France, doubling down on its biggest bet within European real estate. The New York-based alternative asset manager will buy the portfolio from Proudreed.

Aware Super buys into Goodman’s $2B U.S. logistics portfolio

Australian superannuation fund Aware Super has bought into a US$2 billion portfolio of logistics properties around Los Angeles that Goodman Group controls, as the industry giant steps up its strategy to establish a global real estate footprint.

Private capital fundraising for CRE on track for 38% jump

After pressing pause on fundraising last year, asset managers have returned to their investors, soliciting US$85B in capital in the first eight months of 2025. That puts private funds on track to raise US$129B by year-end.

Lincoln Property delivers 1.6M-sq.-ft. Las Vegas industrial development

Lincoln Property Company has delivered Windsor Commerce Park, an industrial development the company has been planning since 2022, when it bought the site for $22 million, as previously reported. This represents Lincoln’s first-ever ground-up industrial project in Nevada.

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