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Dunpar tops off latest luxury rental, plans more GTA developments
Dunpar tops off luxury rental, plans more GTA developments
Dunpar Homes has topped off its 10-storey luxury rental building at 26 Earlington Ave., in the Kingsway Village Square community in the Toronto suburb of Etobicoke, just a year after kicking off construction.
BILD says GTA faces shortfall of 235,000 apartments
The Greater Toronto Area is facing a “severe” supply gap of 235,000 rental housing units over the next decade according to building industry association BILD, and it expects that shortfall to continue to widen.
KingSett buys pair of downtown Vancouver offices for $125M
Private equity firm KingSett Capital bought two office buildings next to downtown Vancouver’s largest shopping mall in a sale that could set a pricing benchmark and clear the way for more office deals in the region.
Bonnis sells Granville-Robson retail complex for $140M
After more than a year and a half on the market, the high-profile retail complex at the intersection of Granville Street and Robson Street in downtown Vancouver has been sold.
Many housing markets are thriving: Coldwell Banker CEO
Discussion around Canada’s housing situation focused on the largest – and most unhealthy – markets could have a chilling effect on bustling activity in many other centres, warns Coldwell Banker Canada CEO Karim Kennedy.
$13M decision in B.C. pre-sale condo case overturned
A decision ordering a developer to pay pre-sale condo buyers more than $13 million in damages for breach of contract has been overturned on appeal, with the high court dismissing the case entirely.
Ontario plans changes to housing fund for municipalities
Ontario is planning to make changes to a housing fund for municipalities that many have said unfairly measures their progress on building, the minister signalled in a speech Tuesday.
Vancouver stop-work orders point to 'systemic problem'
Vancouver homebuilders are scrambling to figure out how to proceed with current and future residential projects, after the revelation the city has halted work on nine medium-density developments because they were too close to power lines.
The Beer Store closes 12 more locations in Ontario
Ontario’s long-standing beer retailer is continuing to close locations, adding to a lengthy list of shutdowns announced as Ontario expands where alcohol can be sold in the province. On Monday, The Beer Store announced it is closing 12 more locations.
Loblaw completes four-for-one stock split
Loblaw Cos. (L-T) says it has completed its plan for a four-for-one stock split of its common shares. The grocery and drugstore retailer says its common shares began trading on a post-split basis as of market open on Tuesday.
Claire’s selling N. America business to private equity firm
Fashion jewelry retailer Claire’s said on Wednesday it would sell its North America business to private equity firm Ames Watson for an undisclosed amount, as the company aims to cut losses while navigating ongoing U.S. bankruptcy proceedings.
L.L. Bean set to open its first downtown Toronto store
Clothing and equipment retailer L.L. Bean is gearing up to debut its first downtown Toronto presence with a storefront that the company is calling its first location not just in the city centre, but in any Canadian "metropolitan downtown market."
Alberta to sell properties it purchased after 2013 Calgary flood
The province of Alberta is preparing to sell up to 17 properties along the Elbow River in Calgary, where flood-damaged homes once stood, with the city getting the first chance to buy the land.
Mayors call for changes to Metro Van.'s UCB restrictions
For nearly three decades, Metro Vancouver’s urban growth — where building development can occur — has been limited to the area termed the Urban Containment Boundary (UCB). Three mayors are asking the district to begin to relax some of the restrictions.
Projects in limbo after N.S. nixes Halifax regional plan: Mayor
Halifax Mayor Andy Fillmore said Tuesday the Nova Scotia government's rejection of the city's regional plan has paused some housing projects. Fillmore said projects are in limbo which have already poured foundations or framed-up floors.
REIT and REOC financial reports
Canadian NET REIT, (NET-UN-T), Globe Newswire
Marwest Apartment REIT, (MAR-UN-X), Canada Newswire
Strategic Storage Growth Trust III, Business Wire
Fed’s dilemma between AI and housing
Tension between the U.S. Federal Reserve’s jobs and inflation mandates may be less worrisome than a dilemma over whether to focus on the spluttering housing market or rocketing tech infrastructure spending.
Vantage plans $25B, 10-building data centre campus in Texas
Everything is supposed to be bigger in Texas, and Vantage Data Centers plans to take that adage to heart for its largest-ever campus. The company will invest more than US$25B to develop a 1.4-gigawatt data centre campus.
Sixth Street offers to buy Plymouth Industrial at $1.1B valuation
Sixth Street Partners has sent out an unsolicited acquisition proposal for Plymouth Industrial REIT for the purchase of all of the company’s outstanding shares of common stock. The prospective buyer already owns a 9.99 per cent stake in the company.
AvalonBay sells huge Washington D.C. portfolio for $447M
Foulger Pratt has struck a US$447 deal to buy four D.C. apartment buildings from multifamily giant AvalonBay. The development firm has already closed the acquisition of three apartment buildings, two in NoMa and one in Gallery Place.
Industry Events
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CRE.Converge 2025
Sep 08 2025
to Sep 10 2025
Sheraton Centre Toronto
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RealREIT
Sep 10 2025
Metro Toronto Convention Centre
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Canadian Apartment Investment Conference
Sep 11 2025
Metro Toronto Convention Centre
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BOMEX Halifax 2025
Sep 15 2025
to Sep 17 2025
Halifax Convention Centre
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Montréal du Futur
Sep 24 2025
to Sep 29 2025
World Trade Centre of Montreal
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